The article cited AMA's Global Transportation Management Software Market Study explored significant growth with CAGR of 10.5%. According to the report, Implementation of Artificial Intelligence (AI) in Transportation Management Platforms is one of the primary growth factors for the market. The Growing Demand for Automated Transportation Management is also expected to contribute significantly to the Transportation Management Software market. Overall, Billing & Invoicing applications of Transportation Management Software, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.

AMA’s Analyst on the Global Transportation Management Software Market identified that the demand is rising in many different parts of the world due to "The Increasing Automation Across Transportation & Logistics Sector". Furthermore, some recent industry insights like "In February 2020, Eaton acquired Power Distribution, a US supplier of mission-critical power distribution, static switching, and power monitoring equipment and services for data centers and industrial and commercial customers. This acquisition expands the company’s data center power distribution and monitoring solutions." is constantly making the industry dynamic. One of the challenges that industry facing is "Reduced Operations Across Different Industries Owing to COVID-19 Pandemic Reducing the Demand for Transportation Management Platforms"

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Transportation Management Software market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Transportation Management Software market and other related sub-markets covered in the study.

o Key & emerging players in the Transportation Management Software market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Transportation Management Software market size is calculated using market estimation process, the Transportation Management Software market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Transportation Management Software market size has been validated using both top-down and bottom-up approaches.