The market is segmented into transportation mode, component, application, and geography. The transportation mode is bifurcated into railways and roadways.

Portland, OR -- (SBWire) -- 08/04/2017 --Transportation management system is a branch of supply chain management, which allows consumers to transfer or move goods or services from one place to another in a cost-effective and efficient manner. The system uses advance technologies such as number plate recognition and loading & unloading with robots. The transportation management system market is anticipated to witness an increase in growth rate during the forecast period owing to decreased freight costs, improved transportation information visibility, improved on-time delivery performance, and automated routing and rating.

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The market is segmented into transportation mode, component, application, and geography. The transportation mode is bifurcated into railways and roadways. The component segment is classified into software, hardware, and services. The application segment is divided into consumer goods & retail, parcel and package, fire station, hospital, travel and tourism, mining, and others. By geography the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Revolution of industry due to digitization
Growth in population and rise in congestion in metro cities

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Restraints:
Complex and expensive technology
High installation and integration costs
Market Players:

Top market players profiled in the report are Robert Bosch GmbH, Continental AG, Denso Corporation, Harman International Industries, Inc., Siemens AG, IBM Corporation, Sierra Wireless, Inc., Cisco Systems, Inc., Calamp Corp., and Precious Shipping Public Company Ltd. SAP SE, Oracle Corporation, Manhattan Associates, Descartes, JDA Software, Inc., CTSI-Global, Inet-Logistics GmbH, Blujay Solutions, Mercurygate International, Inc., and Efkon AG.

MARKET LANDSCAPE

By Transportation Mode
Railways
Roadways

By Component
Software
Hardware
Services

By Application
Consumer Goods and Retail
Parcel and Package
Fire Station
Hospital
Travel & Tourism
Mining
Others

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By Geography
North America
U.S.
Canada
Mexico