Transportation Management System Market Worth 19.03 Billion USD by 2020

PUNE, India, September 22, 2015 /PRNewswire/ --

According to a new market research report, "Transportation Management System Market by Type (Traffic and Parking Management, Information Management, Inbound and Outbound Operations, and Route Management), by Transportation Modes (Roadway, Railway, Airway, and Seaway) , by Services - Global Forecast to 2020", published by MarketsandMarkets, The Transportation Management System Market is expected to grow from USD 9.22 Billion in 2015 to USD 19.03 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 15.6%.

Browse 83 Tables and 78 Figures spread through 177 Pages and in-depth TOC on "Transportation Management System Market"

http://www.marketsandmarkets.com/Market-Reports/transportation-management-market-232446179.html
Early buyers will receive 10% customization on this report.

Download Free Sample pages @ http://www.marketsandmarkets.com/requestsample.asp?id=232446179

The market report defines and segments the Transportation Management Market into various sub-segments with an in-depth analysis and forecasting of revenues.

MarketsandMarkets: Digital transformation and demand for enhanced visibility and to control the overall supply chain will showcase new growth opportunities for the transportation industry, witnessing a CAGR of 15.6% from 2015 to 2020.

Transportation management solutions play a crucial role in handling transportation related activities, such as moving goods from the supplier to the place of production and then to the end user. There is a high demand for an efficient transportation management system to reduce the overall delivery time, owing to the increase in global trade activities. Enterprises look forward to a system that can handle all the inbound and outbound operations of supply chain management that involves transportation management, planning and decision making, transportation execution, transport follow-up, and measurement. Transportation done via roadways, railways, airways, and seaways or in a combination of one or more of these has to be well planned, executed, and delivered. Thus, it becomes a critical success factor in achieving the operational efficiency. There are many tier 1 players such as Descartes, Oracle Corporation, JDA Software, Inet-Logistics, Manhattan Associates, and SAP SE that provide unique transportation management system solutions.

The major growth factors that drive the implementation of transportation management systems include decreasing prices of RFID-based devices and sensors and the increased collaboration between hardware providers and content suppliers. North America is the leader in the adoption and implementation of transportation management systems followed by Europe. APAC and MEA are setting interactive technologies owing to the growing usage of cellular devices the internet. Transport authorities are investing a lot of money on installing these applications. The ongoing smart city projects across different countries in APAC reveal that the region is expected to show significant growth prospects in the Transportation Management Market thus, offering an excellent opportunity for the companies in this sector.

The global Transportation Management System Market report has been segmented on the basis of systems and solutions, services, deployment types, transportation modes, and regions. The market by system and solution has been classified further into traffic management, information management, parking management, inbound operation management, and intelligent operation management. By deployment type, the market is segmented into on-premises and hosted. The market has been divided into services such as business services; training, support, and maintenance; and managed services.

The Transportation Management System Market is expected to grow from USD 9.22 Billion in 2015 to USD 19.03 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 15.6%. The transportation modes covered in the report are roadways, railways, airways, and seaways. The regions covered in the report are North America, Europe, APAC, MEA, and Latin America.

Browse Related Reports 

Smart Transportation Market by Solutions (Ticketing Management, Parking Management, Traffic Management, Smart Signaling, Multimodal Information System, Passenger Information Systems, Cloud Services, Business Services) - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/smart-transportation-market-692.html

Traffic Management Market by Solutions, Displays & Systems (Full Pedestrian, Parking Space and Toll Management, Above Ground Pedestrian and Vehicle Detection) - Global Advancements, Projects, Worldwide Forecast & Analysis (2014 - 2019)
http://www.marketsandmarkets.com/Market-Reports/traffic-management-market-1036.html

About MarketsandMarkets  

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it  

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets