The Asia Pacific Transportation Management System Market is expected to witness market growth of 18.4% CAGR during the forecast period (2021-2027).
The applications of transportation management systems are increasing due to the integration of automation and functions like real-time tracking and growing preference among the shippers to facilitate supply chain optimization and visibility. In addition, the major applications of transportation management systems are industrial, transportation and logistics, retail, and electrical & electronics.
TMS solutions are capable of scaling the business by fulfilling and surpassing the demands of customers for rapid, on-time shipments In addition, the demand for sophisticated transportation management solutions is expected to be driven by the requirement to substitute and upgrade the current and traditional transportation management systems.
Quadrennial Policy Framework for Integrated Logistics of Japan aimed to fulfill the emerging needs of the transportation and distribution industry. In addition, China is a rapidly growing industry in the logistics market. Also, China is a member of WTO (World Trade Organization), APEC (Asia Pacific Economy Corporation), G-20 (Group of Twenty Finance Ministers and Central Bank Governors), or Shanghai Cooperation Organization which are motivating the country to rapidly transform its transportation industry.
The China market dominated the Asia Pacific Logistics Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $381.4 million by 2027. The Japan market is experiencing a CAGR of 18.5% during (2021 - 2027). Additionally, The India market is expected to exhibit a CAGR of 18.5% during (2021 - 2027).
Based on Deployment, the market is segmented into On-premise and Cloud. Based on End Use, the market is segmented into Manufacturing, Logistics, Retail & E-commerce, Government Sector and Others. Based on Mode of Transportation, the market is segmented into Roadways, Railways, Airways and Waterways. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, SAP SE, Descartes Systems Group, Inc., Manhattan Associates, Inc., E2open Parent Holdings, Inc., C.H. Robinson Worldwide, Inc., MercuryGate International (Summit Partners), Blue Yonder, and Infor, Inc. (Koch Industries).
Scope of the Study
Market Segments Covered in the Report:
By Deployment
- On-premise
- Cloud
By End Use
- Manufacturing
- Logistics
- Retail & E-commerce
- Government Sector
- Others
By Mode of Transportation
- Roadways
- Railways
- Airways
- Waterways
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Oracle Corporation
- SAP SE
- Descartes Systems Group, Inc.
- Manhattan Associates, Inc.
- E2open Parent Holdings, Inc.
- C.H. Robinson Worldwide, Inc.
- MercuryGate International (Summit Partners)
- Blue Yonder
- Infor, Inc. (Koch Industries)
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Companies Mentioned
- IBM Corporation
- Oracle Corporation
- SAP SE
- Descartes Systems Group, Inc.
- Manhattan Associates, Inc.
- E2open Parent Holdings, Inc.
- C.H. Robinson Worldwide, Inc.
- MercuryGate International (Summit Partners)
- Blue Yonder
- Infor, Inc. (Koch Industries)
Methodology
LOADING...
