Transportation Management Systems (TMS) Statistics 2024 – Everything You Need to Know

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Are you looking to add Transportation Management Systems (TMS) to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Transportation Management Systems (TMS) statistics of 2024.

My team and I scanned the entire web and collected all the most useful Transportation Management Systems (TMS) stats on this page. You don’t need to check any other resource on the web for any Transportation Management Systems (TMS) statistics. All are here only 🙂

How much of an impact will Transportation Management Systems (TMS) have on your day-to-day? or the day-to-day of your business? Should you invest in Transportation Management Systems (TMS)? We will answer all your Transportation Management Systems (TMS) related questions here.

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Best Transportation Management Systems (TMS) Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 43 Transportation Management Systems (TMS) Statistics on this page 🙂

Transportation Management Systems (TMS) Benefits Statistics

  • TMS provides an extra opportunity to find the most costeffective shipping options, and with ecommerce affecting 96% of all shippers, the need to leverage the benefits of e commerce and TMS connectivity. [0]
  • TMS provides the opportunity to find the most costeffective shipping options, and with ecommerce affecting 96% of all shippers, the need to leverage the benefits of e commerce and TMS connectivity alleviates the market growth. [0]

Transportation Management Systems (TMS) Market Statistics

  • The global transportation management system market was valued at $5,467 million in 2019, and is projected to reach $11,367 million by 2027, registering a CAGR of 9.6% from 2020 to 2027. [0]
  • Post COVID 19, the transportation management system market was valued at $5,968 million in 2020, and is projected to reach $11,367 million by 2027 at a CAGR of 9.6%. [0]
  • COVID19 pandemic has bought a moderate impact on the transportation management system market, achieving a growth rate of 3. [0]
  • Rising popularity of autonomous and connected vehicles coupled with increasing adoption of cloud technology and industry 4.0 are estimated to have a positive impact on the market growth during the forecast period. [0]
  • Growing popularity of autonomous and connected vehicles coupled with rising adoption of cloud technology and industry 4.0 is estimated to have a positive impact on the market growth during the forecast period. [0]
  • The market is concentrated with major players consuming 40 45% of the market share. [0]
  • TMS provides the opportunity to find the most costeffective shipping options, and with ecommerce affecting 96% of all shippers, the need to leverage the benefits of e commerce and TMS connectivity alleviates the market growth. [0]
  • The global transportation management systems market size was valued at USD 9.22 billion in 2021 and is expected to expand at a compound annual growth rate of 14.6% from 2024 to 2030. [1]
  • Deployment Insights The on premise segment accounted for the largest market share of over 57% in 2021. [1]
  • The roadways segment accounted for the largest market share of more than 41% in 2021. [1]
  • End use Insights The manufacturing segment accounted for the largest market share of over 35% in 2021. [1]
  • While China accounts for nearly 80% of the online sales in the Asia Pacific, India is poised to become the world’s fastestgrowing e. [1]
  • Regional Insights North America dominated the global market in 2021 with a revenue share of over 32%. [1]
  • The global transportation management systems market size was estimated at USD 9.22 billion in 2021 and is expected to reach USD 10.46 billion in 2024. [1]
  • The global transportation management systems market is expected to grow at a compound annual growth rate of 14.6% from 2024 to 2030 to reach USD 31.18 billion by 2030. [1]
  • The on premise segment accounted for the largest transportation management systems market share of over 55% in 2021. [1]
  • The roadways segment accounted for the largest transportation management systems market share of over 40% in 2021. [1]
  • The manufacturing segment accounted for the largest transportation management systems market share of over 35% in 2021. [1]
  • North America led the global transportation management systems market in 2021 with a revenue share of over 30% and will remain dominant throughout the forecast period. [1]
  • When I first started researching the transportation management systems market more than 18 years ago, industry analysts often stated that only 33% of companies had implemented a. [2]
  • MarketsandMarkets estimates The global TMS market size is expected to grow from USD 7.7 billion in 2020 to USD 17.8 billion by 2025, at a Compound Annual Growth Rate of 18.2% the forecast period. [3]
  • The global transportation management system market size was estimated at 7.7 billion in 2020 and is expected to reach USD 17.8 billion by 2025. [3]
  • The global transportation management system market is expected to grow at a compound annual growth rate of 18.2% from 2020 to 2025 to reach USD 17.8 billion by 2025. [3]

Transportation Management Systems (TMS) Software Statistics

  • a 100% cloud based transportation management software solution that offers technology for brokers, carriers, and 3PLs. [4]

Transportation Management Systems (TMS) Adoption Statistics

  • Rising popularity of autonomous and connected vehicles coupled with increasing adoption of cloud technology and industry 4.0 are estimated to have a positive impact on the market growth during the forecast period. [0]
  • Growing popularity of autonomous and connected vehicles coupled with rising adoption of cloud technology and industry 4.0 is estimated to have a positive impact on the market growth during the forecast period. [0]
  • Has TMS adoption really been stuck at 33 35% over the past 18 years?. [2]

Transportation Management Systems (TMS) Latest Statistics

  • According to recent studies, almost 35% of the businesses are now using the platform for managing their transportation network. [0]
  • For instance, according to the World Economic Forum, digitalization in the logistics industry could unlock $1.5 trillion opportunity by 2025. [0]
  • The transportation & logistics sector acquires a significant value of around 35 40% within the supply chain. [0]
  • Stuck at 33% The True State of TMS Deployment By Adrian Gonzalez. [2]
  • 80% of fortune 2000 companies rely on our research to identify new revenue sources. [3]
  • According to the World Economic Forum, digitalization in the logistics industry could unlock a USD 1.5 trillion opportunity by 2025. [3]
  • According to a study, the logistics industry could suffer a financial loss of USD 7 billion by 2025. [3]
  • With approximately 51% of companies likely to use a TMS that resides within the cloud, says Bridget McCrea of Logistics Management, it is imperative to ensure your system tracks the right TMS data. [5]
  • While retail and eCommerce face disruption after disruption and keep coming out on top, 50 percent of trucks travel empty on their return journey and warehouses. [6]
  • An ARC Advisory Group strategic report on the ROI of TMS found that respondents indicated freight savings of approximately 8% with the use of a TMS application. [7]
  • “On single stop truckload shipments, 80% of loads that picked up late still delivered on time. [7]
  • Trucks that picked up late on a three stop load, for example, averaged on time delivery only 71% of the time. [7]
  • Shippers using Shipwell’s TMS experienced savings of 5% 15% on total shipping costs as a result of automating and optimizing loads, modes, and rates across their shipments. [8]
  • On top of that, transportation management teams spent 75% 85% less time managing and assigning loads. [8]

I know you want to use Transportation Management Systems (TMS), thus we made this list of best Transportation Management Systems (TMS). We also wrote about how to learn Transportation Management Systems (TMS) and how to install Transportation Management Systems (TMS). Recently we wrote how to uninstall Transportation Management Systems (TMS) for newbie users. Don’t forgot to check latest Transportation Management Systems (TMS)statistics of 2024.

Reference

  1. alliedmarketresearch – https://www.alliedmarketresearch.com/transportation-management-market-A06268.
  2. grandviewresearch – https://www.grandviewresearch.com/industry-analysis/transportation-management-systems-market.
  3. talkinglogistics – https://talkinglogistics.com/2017/02/22/stuck-at-33-the-true-state-of-tms-deployment/.
  4. marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/transportation-management-market-232446179.html.
  5. getapp – https://www.getapp.com/transportation-logistics-software/transportation-management/f/reporting-statistics/.
  6. globaltranz – https://www.globaltranz.com/tms-data/.
  7. altexsoft – https://www.altexsoft.com/blog/business/logistics-management-systems-how-warehouse-transportation-and-distribution-software-work/.
  8. forbes – https://www.forbes.com/sites/stevebanker/2018/12/11/transportation-management-and-the-promise-of-machine-learning/.
  9. shipwell – https://shipwell.com/industry-insights/what-is-a-transportation-management-system/.

How Useful is Transportation Management Systems

One of the key benefits of TMS is its ability to automate and simplify the transportation planning process. With TMS in place, businesses can easily plan and schedule shipments, assign carriers to specific loads, and track shipments in real-time. This automation not only saves time but also reduces the chances of human error, leading to smoother operations and improved customer service.

Additionally, TMS provides businesses with valuable insights into their transportation costs and performance. By analyzing data generated by the system, companies can identify areas of inefficiency, pinpoint cost-saving opportunities, and make informed decisions to optimize their transportation networks. This level of visibility is crucial for businesses looking to stay competitive in today’s fast-paced market.

Moreover, TMS allows businesses to collaborate with carriers and other partners in real-time. By sharing information and leveraging the system’s communication tools, companies can improve collaboration, enhance visibility, and ultimately strengthen their relationships with key stakeholders in the transportation industry. This level of integration is essential for businesses looking to create a more efficient and responsive supply chain.

Furthermore, TMS enables businesses to proactively manage exceptions and disruptions in their transportation networks. By providing alerts and notifications for potential delays or issues, companies can quickly respond to unforeseen circumstances, identify alternative routes and carriers, and ultimately minimize the impact of disruptions on their operations. This level of agility is crucial for businesses operating in today’s global and rapidly-changing marketplace.

In conclusion, Transportation Management Systems have proven to be highly useful tools for businesses looking to optimize their transportation networks, improve efficiency, and enhance visibility into their supply chain processes. By automating operations, providing valuable insights, facilitating collaboration, and enabling proactive management of exceptions, TMS can help businesses stay competitive, reduce costs, and meet the growing demands of their customers. As technology continues to evolve and businesses continue to expand their global reach, the importance of TMS will only continue to grow.

In Conclusion

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