Market Highlights: Transportation Management system (TMS) is a software and solution or a subset of supply chain management that help companies to carry out operation more efficiently, reliably and cost effectively of the physical movements of goods. Most of the organisations use TMS software in order to manage and monitor their business. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the growth of the transportation management systems market globally. The market study is being classified by Type (Single Sourcing, Multiple Sourcing and Hybrid Sourcing), by Application (Passenger Transportation and Goods Transportation) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Transportation Management Systems (Tms) are Trimble Transportation Enterprise Solutions, Inc. (United States), SAP SE (Germany), Oracle Corporation (United States), Metro Infrasys Private Limited (India), Mercurygate International Inc. (United States), Manhattan Associates (United States), JDA Software Group Inc. (United States), Inet-Logistics GmbH (Austria), Efkon AG (Austria), Descartes (United States), CTSI-Global (United States) and IBM Corporation (United States).
In May 2019, MercuryGate International Inc., a leader in Transportation Management System (TMS) solutions, announced a partnership and technology integration with Convey Inc., the leading provider of Delivery Experience Management (DEM) software. The partnership integrates Convey’s Delivery Experience Management technology into MercuryGate’s TMS solutions to allow shippers to launch DEM programs that provide complete visibility through the last mile of delivery.
Key Questions Answered in the Report What will the Transportation Management Systems (Tms) Market size and the growth rate be in Future? What are the key factors driving the Transportation Management Systems (Tms) Market? What are the key market trends and macro-economic impacting the growth of the Transportation Management Systems (Tms) Market? What are the challenges to market growth? Who are the key vendors in the Transportation Management Systems (Tms) Market? What are the market opportunities and threats faced by the vendors in the Transportation Management Systems (Tms) Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Transportation Management Systems (Tms) Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Transportation Management Systems (Tms) market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Transportation Management Systems (Tms) market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Transportation Management System Providers, Service Providers, System Integrator, End Users and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.