The Intermodal Surface Transportation Efficiency Act (ISTEA) imposes new planning and regulatory requirements on states and cities while increasing the diversion of highway gas tax money to no highway uses. The act authorized the creation of the Bureau of Transportation Statistics and the Office of Intermodalism within the Department of Transportation.
The article cited AMA's "Global Freight Management System Market Study" explored substantial growth of %. According to the report, Adoption of Cloud and Big Data Analytics in Freight Management System
is one of the primary growth factors for the market. Increasing Digitalization and Rising Population across the World
is also expected to contribute significantly to the Freight Management System market. Overall, Forwarders
applications of Freight Management System, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Services, such as Consulting, is boosting the Freight Management System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Solutions, such as Planning, is boosting the Freight Management System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-User, such as Third-Party Logistics (3PLs), is boosting the Freight Management System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Deployment Model, such as On-Premise, is boosting the Freight Management System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Mode of Transportation, such as Rail Freight, is boosting the Freight Management System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Freight Management System market identified that the demand is rising in many different parts of the world as "Growth of MNCs in Developing Nations
".
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 Freight Management System 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
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
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 Freight Management System market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys 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 Freight Management System market size is calculated using market estimation process, the Freight Management System 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 Freight Management System market size has been validated using both top-down and bottom-up approaches.