About Transportation Logistics Software
Transportation logistics software program is a technology-based logistics platform that assists establishments in planning, executing, and optimising the bodily motion of goods, each incoming and departing, as properly as making sure that the cargo is compliant and that all fundamental documentation is present. A transportation administration solution, regularly regarded as transportation administration software, offers visibility into every day transportation operations, change compliance records and documentation, and ensures the well timed shipping of freight and goods. The implementation of a TMS prevents companies from losing time on tedious and repeated paperwork. Technology approves companies to outsource time to different factors of the business, permitting them to attain greater besides growing costs.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Billion) |
CAGR | 13.0% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Transportation Logistics Software market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Trimble (United States), Blujay Solutions (United States), MercuryGate International (United States), Transplace (United States), Descartes Systems Group (Canada), E2open (United States), Alpega Group (Belgium), 3Gtms (United States), 3T Logistics & Technology Group (United Kingdom) and Globaltranz (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are InMotion Global (United States), vTradEx (China), MP Objects (United States) and Logistically (United States).
Segmentation Overview
AMA Research has segmented the market of Global Transportation Logistics Software market by and Region.
On the basis of geography, the market of Transportation Logistics Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Solutions, the sub-segment i.e. Planning & Execution will boost the Transportation Logistics Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Retail will boost the Transportation Logistics Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Solution will boost the Transportation Logistics Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Transport Mode, the sub-segment i.e. Roadways will boost the Transportation Logistics Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing technological convergence in the transportation sector
Market Growth Drivers:
Rising demand for efficient transportation solutions owing to the e-commerce sector vastly
Challenges:
Fluctuations in supply and demand share due to enforcement of stringent lockdown measures
Restraints:
Concerns towards security and safety
Opportunities:
Acceptance of autonomous vehicles has increased in the transportation and logistics industry
Market Leaders and their expansionary development strategies
For instance, in November 2019, Wal-Mart Canada Corp. announced a blockchain-based supply chain management solution, which includes freight tracking and payment processing for around 70 trucking companies with a distribution network of over 400 retail stores. The solution utilizes IoT sensors and GPS tracking systems installed in semi-trailer trucks along with a web portal for manual entry for both suppliers and operators.
In December 2020, Blujay Solution announced the launch of a customer portal along with the release of transportation management for forwarders. The solution eliminates the re-entry of data reduces errors and increase productivity for forwarders.
Key Target Audience
Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.