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Global Transportation Management System Market to register high demand rate by 2024

Transportation Management System Market
Transportation Management System Market

Zion Market Research, the market research group announced the analysis report titled  ‘Transportation Management System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’

Global Transportation Management System Market: Overview

Transport management system is nothing but a part systematic execution and planning system, which offers solutions to the companies that function more reliably, efficiently, and cost-effectively. The transport management system is part of a resource management as well as chain supply management. Many firms and companies use transport management system in order to monitor and manage their business.

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Global Transportation Management System Market: Growth Factors

The global transport management system market will witness a drastic growth in the near future. The growing economies give challenges and opportunities to the industries, which in turn boost the global market. Increased import and export of the goods all around the world has driven the global transport management system market. In addition to this, the rise in the demand for software as a service (SAAS) transportation is driving the global market. Additionally, increase in the job opportunities has also lowered the growth of global transport management system market. Moreover, the cheap and affordable cost for the fuels during the transportation is elevating the growth of the global market. On the other hand, high maintenance charges are one factor that is hampering the growth of the global market for transportation management system.

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Global Transportation Management System Market: Segmentation

On the basis of features, the global market for transportation management system is classified as visibility & execution, optimization & planning, performance management. Based on the application, the global market for transportation management system is segmented as capacity management, transport sourcing, network design, performance management, route planning, and shipping consolidation. On the basis of the type of license, the global market is divided as on-premises hosted licensing, premises licensing, and hosted licensing. Based on the modes of transportation, the global market for transportation management system is bifurcated as roadways, railways, seaways, and airways.

Global Transportation Management System Market: Regional Analysis

The global transportation management system market has spread all across the world. But the significant areas to concentrate are the Middle East & Africa, Asia-Pacific, North America, and South America. North America and South America is said to dominate the global market. Currently, the U.S. is the leading country for transportation management systems. The U.S. is said to be the main point of focus for revenue generation of the global market for transportation management system in the near future.

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Global Transportation Management System Market: Competitive Players

Key players in global transportation management system market include MercuryGate International Inc, Capterra Inc., Kratzer Automation AG, Cerasis Inc., Oracle, SAP, Manhattan Association, JDA Software, IBM, Epicor, Infor Global Solution, GTNexus, High Jump software, Kewill System, IFS, PTC, Logility, and IBS.

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