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Demand for Subscription-Based Transportation Management Systems Is Surging As Clients Need a Solution-Cum-Service Bundle

Global Transportation Management System Market is expected to reach a valuation of US$ 8.2 Billion by 2031.

ROCKVILLE, MARYLAND, UNITED STATES, November 24, 2021 /EINPresswire.com/ -- As per a new report published by Fact.MR - a market research and competitive intelligence provider, the global transportation management system market is anticipated to reach a valuation of around US$ 6.9 Bn by 2021.

Under the likely scenario, the market is set register a CAGR of around 10.7% over the projection period of 2021 to 2031. North America remains the growth engine for transportation management system revenue owing to its expanding supply chain activities.

The notion that large enterprises form the backbone of most economies does not hold true in the present world. Apart from creating new employments, the role of small and medium enterprises (SMEs) in direct value-added exports and total value-added exports has also been expanding across several countries.

With their growing stature, SMEs have started to embrace technology to streamline their business processes in order to stand competitive amid their large-scale counterparts.

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Market Segments Covered in Transportation Management System Industry Analysis

By Component
Transportation Management Solutions
Planning and Execution Solutions
Order Management Solutions
Audit, Payment and Claims Solutions
Reporting and Analytics Solutions
Routing and Tracking Solutions
Transportation Management Services
Consulting Services
Integration and Implementation Services
Support and Maintenance Services

By Transportation Mode
Roadways-based Transportation Management Systems
Railways-based Transportation Management Systems
Airways-based Transportation Management Systems
Maritime-based Transportation Management Systems

By Deployment
On-premise Deployment of Transportation Management Systems
Cloud Deployment of Transportation Management Systems

By Vertical
Transportation Management Systems for Manufacturing
Transportation Management Systems for Retail
Transportation Management Systems for Healthcare and Pharmaceuticals
Transportation Management Systems for Transportation and Logistics
Transportation Management Systems for Energy and Utilities
Transportation Management Systems for Government
Transportation management systems for Other Verticals

A comprehensive estimate of the Transportation Management System market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Transportation Management System during the forecast period. Price point comparison by region with the global average price is also considered in the study.

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Some Notable Offerings by Fact.MR Report on Transportation Management System market:

We will provide you an analysis of the extent to which this Transportation Management System market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
Also, this report will help you to identify any trends to forecast growth rates.
The analyzed report will forecast the general tendency for supply and demand.

Some of the Transportation Management System Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:

Details regarding latest innovations and development in Transportation Management System and how it is gaining customer traction during the forecast period.
Analysis about the customer demand of the products and how it is likely to evolve in coming years.
Latest regulations enforced by government bodies and local agencies and their impact on Demand of Transportation Management System Market .
Insights about adoption of new technologies and its influence on the Transportation Management System market Size.
Overview of the impact of COVID-19 on Transportation Management System Market and economic disruptions caused by the pandemic.
Evaluates post-pandemic impact on the Sales of Transportation Management System Market during the forecast period.

Key Highlights from the Transportation Management System Report :

Elaborated scenario of the parent market
Transformations in the Transportation Management System market dynamics
Detailed segmentation of the target market
Historical, current and forecast of Transportation Management System market size based on value and volume
Latest industry developments and Market trends of Transportation Management System
competitive analysis of Transportation Management System Market
Strategies adopted by the Transportation Management System market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on market size of Transportation Management System
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

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After reading the Market insights of Transportation Management System Report, readers can:

Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
Analyze key regions holding significant share of total Transportation Management System market revenue.
Study the growth outlook of Transportation Management System market scenario, including production, consumption, history and forecast.
Learn consumption pattern and impact of each end use & supply side analysis of Transportation Management System market.
Investigate the recent R&D projects performed by each market player & competitive analysis of Transportation Management System Market Players.
How Fact.MR Assists in Making Strategic Moves For Transportation Management System Market Manufacturer?

The data provided in the Transportation Management System market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Transportation Management System.

Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

The Market survey of Transportation Management System offers a comprehensive analysis of diverse features, including production capacities analysis of Transportation Management System, demand, product developments, revenue generation, and Size of Transportation Management System Market across the globe.

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Competitive Analysis
According to the market research analysis, order wins have been the prominent development in the transportation management system market in recent years.

Some of the recent developments by key transportation management system providers are as follows:

In July 2021, Magnit PJSC, a prominent Russian retailer, implemented transportation management systems of SAP powered by SAP S/4HANA. The objective of this implementation was cost reduction, supply chain transparency, enhancement, and optimization of in-house transportation turnover.
In July 2021, GEFCO, an integrated logistics expert and provider of automotive logistics, selected the cloud-based transportation management system of Blue Yonder. It is oriented to bring about digital transformation to tackle complex logistics challenges.
In June 2021, Hy-Vee Inc., a retail store chain, deployed Manahattan Associate’s transportation management system.

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