11.24% CAGR Growth in Transportation Management Systems (TMS) Market by Solution (on-premise and cloud-based), mode of transportation (roadways, railways, and airways), and Region - Global Forecast to 2027 - Technavio
NEW YORK, Feb. 1, 2024 /PRNewswire/ -- The transportation management systems (TMS) market is estimated to grow by USD 3.70 billion from 2022 to 2027, according to Technavio.
- NEW YORK, Feb. 1, 2024 /PRNewswire/ -- The transportation management systems (TMS) market is estimated to grow by USD 3.70 billion from 2022 to 2027, according to Technavio.
- North America is expected to contribute 37% to the global TMS market growth during the forecast period.
- These systems streamline freight management, fleet management, and shipment tracking, optimizing routes and enhancing warehouse and inventory management.
- The Fleet Telematics Systems Market size is forecast to increase by USD 88.48 billion, at a CAGR of 23.87% between 2023 and 2028.