Global Freight Transportation Management Market is Expected to Grow at 8.2% in the Forecast Period of 2021 to 2028

Global Freight Transportation Management Market is forecasted to grow at 8.2% with factor such as increasing growth globalization and flow of international trade industry.

Freight transportation management market has shown an exceptional penetration in countries such as China, U.S. and Germany. Increasing growth in advanced technologies such as IoT and analytics is boosting the growth in developed countries. In developing countries, increasing growth in digitalization is increasing the demand for airless dispensers.

Freight Transportation Management Market Scenario

According to Data Bridge Market Research, the market for freight transportation management in Asia-Pacific region has the highest market share. Market leader is SAP SE which accounts an estimated market share of approximately 12% to 16% in the region. The company has gained outstanding sales through their freight transportation management products which include SAP Transportation Management.

Freight Transportation Management MarketTrends Impacting the Market

Now the question is which other regions SAP SE, Oracle and C.H. Robinson Worldwide Inc.  are targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific freight transportation management market and the market leaders targeting China, Japan and South Korea to be their next revenue pockets for 2021.

The freight transportation management market is becoming more competitive every year with companies such SAP SE, Oracle and C.H. Robinson Worldwide Inc.  as they are the market leaders for freight transportation management market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the freight transportation management market.

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Freight Transportation Management Market Development in 2020

  • In August 2020, C.H. Robinson Worldwide, Inc. integrated its 19 transportation management systems (TMS) and enterprise resource planning (ERP) systems into Navisphere, company’s single global multimodal transportation management system. The integration aids in real time pricing eliminating the time required to get market quotes and book loads, moreover it also offers capacity assurance. The integration is highly beneficial during the time of COVID-19 when there is major disruption in supply chain. The new product development increases the digitalization thus gaining larger customer base.

Scope of the Freight Transportation Management Market

Global freight transportation management market is segmented on the basis of countries into the U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Rest of Europe, China, Japan, India, South Korea, Australia, Indonesia, Singapore, Thailand, Malaysia, Philippines, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.

  • All country based analysis of freight transportation management market is further analyzed based on further segmentation. On the basis of transportation, the freight transportation management market has been segmented into roadways, railways, marine and airways. On the basis of offering, the freight transportation management market has been segmented into solutions and services. On the basis of deployment mode, the freight transportation management market has been segmented into cloud or hosted and on premise. On the basis of organization size, the freight transportation management market has been segmented into large enterprises and SME's. On the basis of industry, the freight transportation management market has been segmented into manufacturing, retail & e-commerce, transportation, fast moving consumer goods (FMCG), healthcare, food & beverages, oil & gas, energy & utility, electronics, automotive, IT & telecom and others.

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Key Pointers Covered in Freight Transportation Management Market Industry Trends and Forecast to 2028

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • 3Gtms
  • Cloud Logistics
  • Kuebix
  • Manhattan Associates
  • Transplace
  • Softeon
  • GlobalTranz
  • Oracle
  • SAP SE
  • Accenture
  • Blue Yonder Group, Inc.
  • BluJay Solutions Ltd
  • Werner Enterprises
  • Supply Chain Solutions
  • C.H. Robinson Worldwide, Inc.
  • MercuryGate

Above are the key players covered in the report, to know about more and exhaustive list of freight transportation management companies’, contact us

Research Methodology: Global Freight Transportation Management Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Product Managers, Financial Institutions, Freight Transportation Management Consultants
  • Supply Side: Service Providers, Product Managers, Product Designer, Marketing Managers, C-Level Executives, Market Intelligence, and Regulatory Affairs Managers among others.

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