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Transportation Management System Market to 2025

No of Pages: 162 Published: Feb 2019 Single User PDF: US$ 4550

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Transportation Management System Market to 2025

Introduction The global TMS market accounted for US$ 1,920.6 Mn in 2017 and is expected to grow at a CAGR of 7.02% over the forecast period 2018 - 2025, to account for US$ 3,262.3 Mn in 2025. The demand for TMS is largely influenced by rise in the number of retail and e-commerce players in the developing economies across the globe which helps to raise the installation of TMS tools. Also, rapid industrialization leads into prompt infrastructural developments which further impacts positively on thriving the overall economy.

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Transportation Management System Market to 2025

The TMS market is fragmented with the presence of several industries and the competitive dynamics in the market is expected to change during the upcoming years. In addition to this, various initiatives are undertaken by the governmental bodies to further accelerate the TMS market. For instance, Dallas Department of Transportation has signed an agreement with Ericsson. Under this agreement, Ericsson aims to offer software and hardware for traffic management systems to ensure a enhance communication network. It enables communication throughout varied networks. Also, decision for setting of a regulatory framework may affect the configuration of transport and logistic networks.

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Transportation Management System Market to 2025

Companies Mentioned 1. The Descartes Systems Group Inc. 2. Oracle Corporation 3. 3Gtms, Inc. 4. JDA Software Group, Inc. 5. Manhattan Associates 6. BluJay Solutions Ltd. 7. C.H. Robinson Worldwide, Inc. 8. MercuryGate International Inc. 9. SAP SE

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Transportation Management System Market to 2025

On the basis of function, the large enterprise segment is leading the TMS market. However, the small enterprises are anticipated to grow at a highest CAGR. The large enterprises is witnessing a high adoption of TMS to manage their entire internal and external supply chain services. Moreover, growth in large and well-established retail and ecommerce industries is further plays a major role in contributing towards the growth of transportation management system market. The overall TMS market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the TMS market. It also provides the overview and forecast for the global TMS market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America

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Transportation Management System Market to grow at a CAGR of 7.02% over the forecast period 2018 – 2  

The global TMS market accounted for US$ 1,920.6 Mn in 2017 and is expected to grow at a CAGR of 7.02% over the forecast period 2018 - 2025,...

Transportation Management System Market to grow at a CAGR of 7.02% over the forecast period 2018 – 2  

The global TMS market accounted for US$ 1,920.6 Mn in 2017 and is expected to grow at a CAGR of 7.02% over the forecast period 2018 - 2025,...

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