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

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.

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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 most significant advantages of implementing a TMS is the ability to optimize transportation strategies. By leveraging real-time data and analytics, companies can determine the most cost-effective and efficient routes for their shipments. This not only saves time and money but also helps in meeting delivery deadlines and enhancing customer satisfaction. In today’s fast-paced world, where consumers expect quick and reliable deliveries, effectively managing transportation is crucial for businesses to stay competitive.

Furthermore, TMS provide visibility and control over the entire supply chain. From inventory management to vendor relationships, these systems offer a comprehensive view of all moving parts in the transportation process. This transparency allows companies to identify potential bottlenecks, make informed decisions, and ultimately improve the flow of goods from production to delivery. With the increasing globalization of markets and the rise of e-commerce, having a centralized platform to monitor and manage every aspect of transportation has never been more critical.

Additionally, TMS help businesses comply with regulatory requirements and ensure the safety and security of shipments. By automating processes and documentation, companies can easily track and report on important data such as carrier compliance, shipping regulations, and customs procedures. This not only reduces the risk of errors and delays but also ensures that companies are operating within legal boundaries. In a world where supply chain disruptions and unexpected events are becoming more common, having a robust TMS in place provides a layer of protection against potential risks.

Another notable benefit of TMS is the ability to foster collaboration between stakeholders in the transportation process. By integrating with carriers, suppliers, and other partners, companies can establish seamless communication channels and share critical information in real-time. This collaboration reduces manual errors, improves coordination between parties, and ultimately leads to smoother operations. In a world where connectivity is key, TMS act as a bridge between different players in the transportation network, facilitating cooperation and enhancing overall performance.

While the benefits of TMS are clear, it is essential to recognize that no system is without its challenges. Implementing and managing a TMS requires upfront investment, training, and ongoing maintenance. Additionally, there may be resistance from employees who are accustomed to traditional processes or reluctant to embrace new technology. However, with the right support and resources, these hurdles can be overcome, and the long-term rewards of implementing a TMS greatly outweigh the initial costs.

In conclusion, the usefulness of Transportation Management Systems cannot be overstated. From optimizing transportation strategies to enhancing visibility and collaboration, TMS play a crucial role in the success of modern supply chains. As companies continue to navigate the complexities of global trade and evolving consumer demands, having a robust TMS in place will be key to staying competitive and thriving in today’s fast-paced business environment.

In Conclusion

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