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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

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Friday, February 2, 2024

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.

Key Points: 
  • 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.

Connected Logistics Market size to increase by USD 62.29 billion during 2023-2027, Effective management of temperature-sensitive products to drive the growth - Technavio

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Monday, January 8, 2024

NEW YORK , Jan. 8, 2024 /PRNewswire/ -- The connected logistics market size is expected to grow by USD 62.29 billion between 2022 and 2027.

Key Points: 
  • NEW YORK , Jan. 8, 2024 /PRNewswire/ -- The connected logistics market size is expected to grow by USD 62.29 billion between 2022 and 2027.
  • Effective management of temperature-sensitive products is a key factor driving market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Driver - The growth of the Connected Logistics Market is driven by diverse factors including Effective management of temperature-sensitive products.

Global Cash Logistics Market Factbook 2023: Competitive Developments, Strategies, Mergers and Acquisitions & New Product Developments - ResearchAndMarkets.com

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Friday, November 10, 2023

The Global Cash Logistics Market is expected to generate USD 30612.77 million by the end of 2028, up from USD 21053.89 million in 2022.

Key Points: 
  • The Global Cash Logistics Market is expected to generate USD 30612.77 million by the end of 2028, up from USD 21053.89 million in 2022.
  • The report tracks competitive developments, strategies, mergers and acquisitions and new product development.
  • A favourable growth element for the global Cash Logistics market is the increasing number of bank branches in the Americas and other regions across the world.
  • The growing population, as well as the growing urbanization rate, are driving up the Cash Logistics market.

Transportation Management Systems (TMS) Market to grow by USD 3.70 billion between 2022 - 2027, Growth driven by increasing number of smart-connected devices - Technavio

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Saturday, October 14, 2023

The potential growth difference for the transportation management systems (TMS) market between 2022 and 2027 is USD 3.70 billion.

Key Points: 
  • The potential growth difference for the transportation management systems (TMS) market between 2022 and 2027 is USD 3.70 billion.
  • The increasing number of smart-connected devices is notably driving the transportation management systems market growth.
  • The number of smart connected devices is increasing worldwide, and the total number of smart devices installed is also growing.
  • Furthermore, it becomes difficult for organizations to manage, monitor, and maintain data, as the number of devices is increasing.

Software-defined Vehicle Market worth $419.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

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Thursday, September 14, 2023

The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.

Key Points: 
  • The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.
  • The software in ICE-based vehicles can control the speed, steering, braking, and the environment and decide how to get around safely.
  • Hardware is expected to account for the largest share of the software-defined vehicle market in 2023.
  • Asia Pacific market is expected to witness the highest CAGR in the software-defined vehicle market during the forecast period.

Software-defined Vehicle Market worth $419.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, September 14, 2023

The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.

Key Points: 
  • The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.
  • The software in ICE-based vehicles can control the speed, steering, braking, and the environment and decide how to get around safely.
  • Hardware is expected to account for the largest share of the software-defined vehicle market in 2023.
  • Asia Pacific market is expected to witness the highest CAGR in the software-defined vehicle market during the forecast period.

Global Transportation Management System (TMS) Market Analysis 2023-2028: Revolutionizing Logistics Efficiency - Exponential Growth Amidst e-Commerce Sector Boon

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Monday, July 24, 2023

With the promise of significant cost savings through improved operational efficiency, reduced empty miles, and minimized transportation-related expenses, the TMS market is anticipated to witness unprecedented expansion.

Key Points: 
  • With the promise of significant cost savings through improved operational efficiency, reduced empty miles, and minimized transportation-related expenses, the TMS market is anticipated to witness unprecedented expansion.
  • This comprehensive market study delves into various segments of the transportation management system market, estimating its potential growth across offerings, transportation modes, solutions, services, verticals, end-users, and regions.
  • In the transportation management system market by services, consulting segment is expected to grow with the highest CAGR during the forecast period.
  • Improvements in machine-to-machine (M2M), mobile, and cloud technologies in transportation are the main causes of increased business process efficiency.

Agricultural Lighting Market worth $21.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 15, 2023

Modern lighting solutions incorporate intelligent control systems that utilize software to optimize lighting operations.

Key Points: 
  • Modern lighting solutions incorporate intelligent control systems that utilize software to optimize lighting operations.
  • HID lighting systems are available in various wattages, allowing for flexibility in meeting the lighting requirements of different crop types and sizes.
  • Asia Pacific region to hold the largest share of the agricultural lighting market in 2028.
  • The region's extensive agricultural operations, both in size and scale, generate substantial demand for agricultural lighting solutions, leading to a significant market share.

Agricultural Lighting Market worth $21.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 15, 2023

Modern lighting solutions incorporate intelligent control systems that utilize software to optimize lighting operations.

Key Points: 
  • Modern lighting solutions incorporate intelligent control systems that utilize software to optimize lighting operations.
  • HID lighting systems are available in various wattages, allowing for flexibility in meeting the lighting requirements of different crop types and sizes.
  • Asia Pacific region to hold the largest share of the agricultural lighting market in 2028.
  • The region's extensive agricultural operations, both in size and scale, generate substantial demand for agricultural lighting solutions, leading to a significant market share.

HNTB welcomes James Starace as vice president, project director

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Tuesday, June 13, 2023

PARSIPPANY, N.J., June 13, 2023 /PRNewswire-PRWeb/ -- James Starace, PE, has joined HNTB as vice president and project director. Based in Newark, New Jersey, Starace will focus on helping the firm's clients in New Jersey deliver their largest and most challenging transportation projects.

Key Points: 
  • PARSIPPANY, N.J., June 13, 2023 /PRNewswire-PRWeb/ -- James Starace, PE, has joined HNTB as vice president and project director.
  • Based in Newark, New Jersey, Starace will focus on helping the firm's clients in New Jersey deliver their largest and most challenging transportation projects.
  • Prior to joining HNTB, Starace spent nearly four decades with the Port Authority of New York and New Jersey, ultimately serving as chief engineer for the bi-state agency.
  • Starace received his bachelor's degree in engineering from SUNY Maritime College and a master's degree in civil engineering from Stevens Institute of Technology.