Global Transportation Management Systems Market to Reach $31.8 Billion by 2030 – QNT Press Release

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DUBLIN, Aug. 19, 2022 /PRNewswire/ — The “Transportation Management Systems Market Size, Share & Trends Analysis Report by Deployment, by Mode of Transportation (Roadways, Railways, Waterways, Airways), by End Use, by Region, and Segment Forecasts, 2022-2030” report has been added to ResearchAndMarkets.com’s offering.

The global transportation management systems market size is expected to reach USD 31.18 billion by 2030, registering a CAGR of 14.6% over the forecast period.

The market growth is attributed to the strong emphasis on automating the supply chain and logistics processes and the continuous development of e-commerce and retail industries. The growing need to increase visibility in the supply chain process by utilizing automated products and the increasing significance of data -driven technologies in the logistics industry are also likely to contribute to market growth.

The logistics industry has evolved significantly, corresponding to the inclusion of advanced technological solutions. The growing use of connected devices, data-driven software, and cloud-based platforms for various applications has encouraged companies to adopt advanced software such as Transportation Management Systems (TMS ). TMS facilitates increased visibility, tracking of shipments in real-time, and timely delivery of services for satisfactory customer experiences. These factors are expected …

Full story available on Benzinga.com

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