According to a new market report published by Credence Research, Inc., “Transportation Management Systems (Food and Beverage, Retail, Electronics/High-tech, Automotive, Manufacturing, Transportation and Logistics, and Others (Pharmaceuticals, Chemicals, etc.))Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022” the transportation management systems market is poised to witness a double digit compound annual growth rate during the forecast period.
Browse the full Transportation Management Systems (Food and Beverage, Retail, Electronics/High-tech, Automotive, Manufacturing, Transportation and Logistics, and Others (Pharmaceuticals, Chemicals, etc.))Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/transportation-management-systems-tms-market
A transportation management system (TMS) is one of the critical components of supply chain management used to manage and control freight movement. With the advancements in technology, transportation management systems have been instrumental in helping companies control ever-higher freight costs; integration with several other supply chain technologies including Global Trade Management Systems and Warehouse Management Systems; and allow electronic communications with carriers, trade partners, and customers. With the expansion in breadth of offerings integration capabilities, transportation management systems have become a preferred choice for firms of all sizes and across varied industries.
The market for transportation management systems is moderately competitive across varied end-use verticals. The transportation management solution providers are required to understand distinct differences and requirements of different modes of transportation and industry verticals. SAP SE (Germany) is identified as the market leader in the global transportation management systems market for the base year of 2014. Some other promising players identified in the global transportation management systems market include 3GTMS, Inc. (the U.S.), Oracle Corporation (the U.S.), JDA Software Group, Inc. (the U.S.), Manhattan Associates Inc. (the U.S.), CargoSmart Ltd. (Hong Kong), One Network Enterprises (the U.S.), Lean Logistics, Inc. (the U.S.), Descartes Systems Group, Inc. (the U.S.), and MercuryGate International, Inc. (the U.S.) among others. The global transportation management systems market also includes number of niche players, which account for trivial market share individually. The market for transportation management systems worldwide is driven by technology development and technology innovation. Thus the competitive rivalry among current market players, which is currently moderately high, is expected to elevate in the coming years.
Browse All Reports of This Category @ http://www.credenceresearch.com/industry/technology-and-media
Growing demand for Software-as-a-Service-based transportation management solutions
Growing preference for omni-channel distribution
Proliferation of e-commerce and growing demand for supply chain analytics
Transportation Management Systems with improved functionalities and capabilities to replace aging conventional systems.
About Credence Research:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
For More Information, Visit: Credence Research
Company Name: Credence Research
Contact Person: Chris Smith,
Designation: Global Sales Manager
Phone: 1-800-361-8290 FREE
Address: 105 N 1st ST #429, SAN JOSE,