Transportation Management System (TMS) is a part of supply chain management that deals with the operations of transportation of goods or products. It is an integral part of the enterprise resource planning (ERP). Roadways are highly preferred modes of transportation. Major issue faced during transportation operations is congestion on the road due to traffic. Automatic number plate recognition is also part of TMS technology which is widely used in urban regions that suffer with heavy traffic issues. Using TMS technology in automatic number plate recognition reduces the networking monitoring costs and improves the control and flexibility. In addition, over speeding of the vehicles can be curbed and license plates can be recognized even during harsh weather.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the transportation management system market. The scope of this report covers the transportation management system market by its major segments, which include the types, applications, and the major geographic regions.
KEY BENEFITS OF THE REPORT
KEY PREMIUM INDUSTRY INSIGHTS
The transportation management software market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. North America is the largest revenue generating region in this market. Dominance of North America is due to high focus on research and development of the TMS technologies. Europe follows as the second largest region contributing revenue in the transportation management software market in the year 2017. Asia-Pacific region also witnesses fast-paced growth due to increase in digitization.
The research methodology for Scalar Market Research’s transportation management system market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.
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This report analyzes the transportation management system market by the following segments:
KEY MARKET PLAYERS
Key players in the transportation management system market include
GEOGRAPHIC COVERAGE AND ANALYSIS
This granular market research report covers the following geographic regions in great detail:
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