The North America Transportation Management System Market is expected to witness market growth of 16.2% CAGR during the forecast period (2021-2027).
The TMS can bring cost-efficiency in transportation by load and route optimization. By adopting TMS, companies can obtain valuable analytics and assessments and recommendations on cutting down the expenses. Additionally, some of the key trends of the transportation management systems market are the rise in the utilization of cloud computing technologies in order to better manage supply chain activities.
Some of the growth catalysts for the transportation management systems market are technological developments in technology like advanced driver assistance systems (ADAS), booming retail and e-commerce industries, and improving bilateral relations between several countries.
Since the enactment of the North America Free Trade Agreement (NAFTA) in 1994, the trade between US-Mexico borders has increased drastically. Considering this scenario, many American companies have shifted their manufacturing plants to Mexico to leverage a skilled workforce, advanced infrastructure, and close proximity to the United States.
The US market dominated the North America On-premise Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $3,306.7 million by 2027. The Canada market is expected to witness a CAGR of 18.5% during (2021 - 2027). Additionally, The Mexico market is expected to showcase a CAGR of 17.4% during (2021 - 2027).
Based on Deployment, the market is segmented into On-premise and Cloud. Based on End Use, the market is segmented into Manufacturing, Logistics, Retail & E-commerce, Government Sector and Others. Based on Mode of Transportation, the market is segmented into Roadways, Railways, Airways and Waterways. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, SAP SE, Descartes Systems Group, Inc., Manhattan Associates, Inc., E2open Parent Holdings, Inc., C.H. Robinson Worldwide, Inc., MercuryGate International (Summit Partners), Blue Yonder, and Infor, Inc. (Koch Industries).
Scope of the Study
Market Segments Covered in the Report:
By Deployment
- On-premise
- Cloud
By End Use
- Manufacturing
- Logistics
- Retail & E-commerce
- Government Sector
- Others
By Mode of Transportation
- Roadways
- Railways
- Airways
- Waterways
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Oracle Corporation
- SAP SE
- Descartes Systems Group, Inc.
- Manhattan Associates, Inc.
- E2open Parent Holdings, Inc.
- C.H. Robinson Worldwide, Inc.
- MercuryGate International (Summit Partners)
- Blue Yonder
- Infor, Inc. (Koch Industries)
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Companies Mentioned
- IBM Corporation
- Oracle Corporation
- SAP SE
- Descartes Systems Group, Inc.
- Manhattan Associates, Inc.
- E2open Parent Holdings, Inc.
- C.H. Robinson Worldwide, Inc.
- MercuryGate International (Summit Partners)
- Blue Yonder
- Infor, Inc. (Koch Industries)
Methodology
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