Transportation Management System Market Size & Share Deployment (Cloud, On-Premise); Component (Solution, Services); Transportation Mode (Roadways, Railways, Waterways, Airways); End-user (Retail & E-commerce, Manufacturing, Logistics, Government Organizations) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4991
  • Published Date: Jun 02, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Transportation Management System Market size is expected to cross USD 32 Billion by 2035, witnessing around 12% CAGR from 2023 to 2035. In the year 2022, the industry size of transportation management system was USD 12 Billion. In the ever-evolving e-commerce sector, businesses need to manage transportation operations more efficiently and effectively. In 2023, e-commerce sales are expected to grow by 11%, with Walmart, eBay, and AliExpress being the most popular shopping sites. A TMS provides real-time visibility into the shipping process, facilitates customer communication, and automates route planning, label generation, and package tracking in the e-commerce industry.

The increasing focus on the digitalization of transportation activities such as Improved DOT compliance, streamlined inspection processes, and support for multiple vehicle types as well as the rising trend of automation in the transportation industry is expected to have a positive impact on the TMS market.


Global Transportation Management System Market
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Global Transportation Management System Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Accuracy of RFID Technologies In Industrial Applications - RFID systems have increased inventory accuracy by more than 95% on average. RFID technology enables automatic tracking of goods from the point of origin to their destination. This provides real-time visibility for the transportation of goods, which makes it easier for companies to optimize their supply chain and improve efficiency.
  • Rapid emergence of Industry 4.0 - Industry 4.0 combines digital and physical technologies, such as the Internet of Things (IoT), artificial intelligence (AI), and augmented reality (AR). By providing real-time data and insights, these technologies are expected to help transportation management systems reduce operational costs and improve customer service. IoT Analytics' survey on Industry 4.0 adoption showed that 25% of use cases had already been fully or extensively rolled out by enterprises globally.
  • Increased Movement of Goods Through Waterways - Compared to 2020, the volume of goods transported on European inland waterways increased by 3.6% to 520 million tonnes in 2021. TMS allows for the tracking of goods as they move through waterways, making it easier to monitor the flow of goods and identify any bottlenecks.

Challenges

  • Rising Data Security Concerns - Consumers and businesses alike are becoming increasingly concerned about the security of their data, especially in the transportation industry. Issues such as data breaches, hacking, and identity theft are driving people away from using transportation services, which has a direct negative effect on market growth.
  • Complexity of managing a transportation network
  • Lack of standardization in the industry

Transportation Management System Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~12%

Base Year Market Size (2022)

~ USD 12 Billion

Forecast Year Market Size (2035)

~ USD 32 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Transportation Management System Segmentation

Deployment (Cloud, On-Premise)

Growth of the cloud segment, with a transportation management system market share of about 53% by 2035 can be attributed to the increasing need for the scalability and flexibility of transportation management systems. A cloud computing solution provides scalability and the ability to access data from anywhere with an internet connection, as well as the ability to increase or decrease IT resources to meet changing demands. Additionally, cloud solutions provide real-time visibility into companies' shipments, allowing them to better manage their supply chain operations.

End-use (Retail & E-commerce, Manufacturing, Logistics, Government Organizations)

A significant share of about 32% is expected to be gained by the manufacturing segment by 2035 attributable to rising automation in the manufacturing sector and increasing adoption of advanced technologies such as robots and artificial intelligence (AI). Over 36% of manufacturing companies use AI, while 41% are exploring using AI in future projects. In addition, advances in sensor and data storage technology have made it possible to track shipments in real-time, thereby reducing logistics and transportation costs.

Our in-depth analysis of the market includes the following segments:

        Deployment

  • Cloud
  • On-Premise

Transportation Mode

  • Roadways
  • Railways
  • Waterways
  • Airways

End Use

  • Retail & E-commerce
  • Manufacturing
  • Logistics
  • Government Organizations

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Global Transportation Management System Industry - Regional Synopsis

North America Market Forecast

With the growth of airline courier services and an increase in exports and imports in the region, North America is forecast to dominate the transportation management system sector, holding a market share of about 32% by 2035. A US multinational shipping and receiving and supply chain management company, United Parcel Service was founded in 1907 and is one of the world's largest. Approximately 5% of U.S. GDP is attributed to commercial aviation. U.S. airlines transport 57,000 tons of cargo every day, making the U.S. the world's largest freight market.

Asia Pacific Market Analysis

A share of approximately 28% is projected for the Asia Pacific transportation management system market by 2035. Growing demand for efficient and secure transportation management for various commodities, such as food and beverages, pharmaceuticals, chemicals, and others, coupled with the rising need for reducing operating costs and optimizing supply chain processes. In countries such as India and China, roadway transportation activities are on a large scale, requiring TMS to ease traffic congestion, improve safety, and increase efficiency. Over 60% of India’s freight is transported by road.

Research Nester
Global Transportation Management System Market Size
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Top Featured Companies Dominating the Global Transportation Management System Market

top-features-companies
    • 3GTMS
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • BluJay Solutions Ltd.
    • MercuryGate International, Inc.
    • Oracle Corp.
    • SAP SE
    • Cerasis, Inc.
    • init-logistics GmbH
    • Infor Inc.
    • JDA Software Group, Inc.
    • Manhattan Associates

In-the-news

In The News

  • To assist enterprises in maximizing the value of global supply chains, Oracle Corp. announced additional logistics management features for Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). 
  • The largest, dedicated transportation management system (TMS) provider, MercuryGate International, Inc., has added key intelligence and delivery features to its platform to help customers handle supply chain challenges in a smart, efficient manner.

Author Credits:  Harshita Srivastava, Saima Khursheed


  • Report ID: 4991
  • Published Date: Jun 02, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing need for efficient and cost-effective transportation processes, as well as the integration of advanced technologies such as AI and IoT.

The market size of the transportation management system is anticipated to attain a CAGR of ~12% over the forecast period, i.e., 2023 – 2035.

The major players in the market are 3GTMS, BluJay Solutions Ltd., MercuryGate International, Inc., Oracle Corp., SAP SE, Cerasis, Inc., inet-logistics GmbH, Infor Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by deployment, component, transportation mode, end-use, and by region.

The cloud segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Complexity of managing a transportation network and lack of standardization in the industry.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Transportation Management System Market Report Scope
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