Transportation Management Systems Market Projected to Grow at a Steady Pace During 2023-2028

Stratview Research delivers key insights into the Transportation Management Systems Market. According to Stratview Research, the market is segmented by Mode of Transportation Type (Roadways, Railways, Waterways, Airways), Deployment Type (On-Premise, Cloud), End-Use Type (Retail& E-commerce, Manufacturing, Logistics, Government organizations, Others), and Region (North America, Europe, Asia Pacific & rest of the World).
Market Insights
The report suggests that the overall Transportation Management Systems Market is projected to grow from USD 11.15 billion in 2022 to USD 31.9 billion by 2028 at a CAGR of 19.10% during the forecast period.
Market Segments' Analysis
By Mode of Transportation Type
The market has been classified into roadways, railways, waterways, and airways. Under these, the roadways segment held a >40% market share in 2022 and is projected to grow at a robust CAGR in the coming years.
By Deployment Type
The market has been classified into on-premise and cloud. Under these, the on-premise segment held a significant market share in 2022 & is expected to maintain its dominance during the forecast period.
Regional Analysis
The North American market held a significant market share of >30% in 2022 and is projected to grow at a robust CAGR in the coming years.
Key Players
The following are some of the key players in the automotive ac compressor market:
• SAP SE (Germany),
• Precision Software, Inc. (QAD Inc.) (US),
• Mercury Gate International, Inc (Summit Partners) (US),
• Trimble (US)
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for the transportation Management Systems market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share of the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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