Global Transport Management System Market to Post 6.87% CAGR to 2021, Projects Infiniti Research in Its Report Published at MarketPublishers.com10 Jan 2017 • by Natalie Aster
LONDON – The global market for transport management systems (TMS) is projected to gain traction in the offing, registering a 6.87% CAGR to 2021.
The market is projected to be majorly driven by high return on investment and enhanced process efficiency by way of actualising TMS solutions, rebalancing of trade towards east, booming foreign trade, and need for multimodal TMS.
The market has also seen the rise of the SaaS-based TMS solutions, integration of TMS with cognitive computing (CC) and IoT, and the essential role of BI and analytics in omnichannel.
Meantime, a hike in protectionism, expensiveness of the deployment of TMS solutions, data privacy risk and security threats, and unstable economic conditions, among others, could pose a challenge to the sector’s growth.
Topical report by Infiniti Research titled “Global Transport Management System Market 2017-2021” offers a profound, unprejudiced analysis of the marketplace.
The study examines the present condition and the development outlook of the global TMS market to 2021. It provides market size data and growth rates; gives an analysis of the market trends, drivers and challenges; sheds light on the key players in the market including an analysis of the market opportunities and threats faced by these leading vendors as well as the weaknesses and strengths of the players.
More market research reports by this publisher are available in the Infiniti Research catalogue.