Transportation Management System Market

Top Companies in Transportation Management System Industry - Oracle (US) and SAP (Germany)

The transportation management system is projected to grow from USD 16.0 billion in 2024 to USD 40.3 billion by 2029 at a CAGR of 20.2% during the forecast period. Transportation is a significant cost component for many businesses. TMS solutions help reduce these costs through features like route optimization, load consolidation, and real-time tracking. By ensuring that vehicles take the most efficient routes and are fully loaded, TMS minimizes unnecessary mileage and fuel consumption. Additionally, real-time tracking and proactive issue management reduce delays and improve the reliability of transportation services, which lead to cost savings and higher operational efficiency driving the TMS market.

The major vendors covered in the transportation management system  include Oracle (US), SAP (Germany), Manhattan Associates (US), C.H. Robinson (US), Trimble (US), WiseTech Global (Australia), Descartes (Canada), E2open (US), Generix Group (France), MercuryGate (US), Blue Yonder (US), Uber Freight (US), Alpega Group (Belgium), Worldwide Express (US), Infor (US), Kinaxis (Canada), Shipwell (US), 3T Logistics & Technology Group (UK), Ratelinx (US), oTMS (China), nShift (UK), BlueRock TMS (Netherlands), Elemica (US), TESISQUARE (Italy), vTradEx (China), Shiptify (France), GlobalTranz (US), InMotion Global (US), Logistically (US), One Network Enterprises (US), IntelliTrans (US), Allotrac (Australia), Revenova (US), Princeton TMX (US), CTSI Global (US), PCS Software (US), and Shipsy (India). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, collaborations, and new product launches, to expand their transportation management system  presence.

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Oracle offers a range of transportation-related products, services, and solutions across three segments: cloud and license business, hardware, and services. The cloud and license segment delivers infrastructure technologies and applications via Oracle cloud services, on-premises licenses, and support offerings. The hardware segment sells engineered systems, servers, storage, and industry-specific hardware. The services segment provides IT and consulting solutions, including application support, technology services, and compliance requirements. Additionally, Oracle offers managed cloud services, software and hardware management, maintenance, and security services. Oracle Transportation Management (OTM) helps businesses manage their global transportation networks, covering outbound goods, inbound supplies, inter-facility shipments, and returns. It supports various transport modes—road, ocean, air, and rail—and accommodates domestic and international regions. OTM handles multiple languages, currencies, units of measure, and business functions. It creates an information bridge across silos, regions, languages, and business units, supporting both shippers and logistics service providers.

SAP is a leading provider of enterprise applications and solutions, offering software and services globally across three main segments: applications, technology, and services; intelligent spend group; and Qualtrics. Utilizing ML, IoT, and advanced analytics, SAP provides business intelligence through software licenses, SAP Cloud Platform, and subscription-based cloud applications. It offers intelligent applications like ERP, digital supply chain management, and human experience management, serving industries such as education, finance, healthcare, manufacturing, public safety, transportation, and retail.

SAP's Transportation Management System (TMS) facilitates global goods transportation planning and execution, integrating seamlessly with SAP modules like Warehouse Management (WM) and Sales and Distribution (SD). SAP TMS supports mass data processing, document and instruction management, order management, transportation analysis, and freight settlement. By streamlining transportation operations, optimizing costs, enhancing customer service, and improving supply chain efficiency, organizations benefit significantly from SAP TMS. This solution provides a comprehensive approach to managing logistics and supply chain processes effectively.

Related Reports:

Transportation Management System Market by Offering (Solutions (Planning & Execution, Order Management, Analytics & Reporting, Routing & Tracking), and Services), Transportation Mode, End User, Vertical and Region - Global Forecast to 2029

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Transportation Management System Market Size,  Share & Growth Report
Report Code
TC 2228
RI Published ON
6/24/2024
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