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Transportation Management System Market Top Leading Players with Research Data 2032

The market for Transportation Management Systems (TMS) was valued at $9.26 billion in 2021 and is anticipated to grow at a 19.1% CAGR in terms of revenue during the forecast period. Cloud-based Software as a Service (SaaS) solutions are to blame for the transportation management system market’s consistent revenue growth. A SaaS TMS is an internet-based, cloud-based transportation management system that each user subscribes to on a monthly basis.

Some of the key factors driving the growth of the global Transportation Management System market include expanding R&D efforts to develop novel Transportation Management System products for a variety of applications and rising demand for mercury control technology for industrial air purification. The most recent data on the COVID-19 pandemic market condition is provided in the research. The investigation indicates that COVID-19 plays a vital role in the market’s dynamically altered environment. The study carefully investigates how the pandemic has altered market dynamics and trends while also precisely analysing how the crisis has impacted the market as a whole.

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Effect of COVID-19 on the global market for Transportation Management System

The COVID-19 pandemic had a significant negative influence on the market for Transportation Management System in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Transportation Management System were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Transportation Management System in 2020. Additionally, demand for Transportation Management System decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.

Transportation Management System market : Competitive Landscape

The prominent players operating in the Transportation Management System market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Transportation Management System market .

Some of the prominent players operating in the market are:

Oracle Corporation, SAP, Manhattan Associates, C.H. Robinson Worldwide, Inc., e2open, LLC., Trimble Inc., WiseTech Global, The Descartes Systems Group Inc., MercuryGate, Blue Yonder Group, Inc., and others

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The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

Key questions answered in the report:

What will be the development pace of Transportation Management System market ?

What are the key factors driving the Global Transportation Management System market ?

Who are the key manufacturers in the market space?

What are the openings, hazards, and outline of the market?

What is sales, revenue, and price analysis of top manufacturers of Transportation Management System market ?

Who are the distributors, traders, and dealers of Transportation Management System market ?

What are the Transportation Management System market opportunities and threats faced by the vendors in the Global Transportation Management System industries?

What are deals, incomes, and value examinations by types and utilizations of the market?

What are deals, income, and value examinations by areas of enterprises?

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Segments Covered in this report are:

  • Component Outlook (Revenue, USD Million; 2019-2030)
    • Solutions
  • Transportation Mode Outlook (Revenue, USD Million; 2019-2030)
    • Roadways
    • Railways
    • Airways
    • Maritime
  • Deployment Type Outlook (Revenue, USD Million; 2019-2030)
    • On-Premises
    • Cloud

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Regional Bifurcation of the Transportation Management System market Includes:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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