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 ๐Ÿ™‚

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.

Please read the page carefully and don’t miss any word. ๐Ÿ™‚

Best Transportation Management Systems (TMS) Statistics

โ˜ฐ Use “CTRL+F” to quickly find statistics. There are total 43 Transportation Management Systems (TMS) Statistics on this page ๐Ÿ™‚

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 Shipwellโ€™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. Donโ€™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 advantages of implementing a TMS is the ability to gain real-time visibility into the entire transportation network. This visibility is crucial for companies to track shipments, monitor carrier performance, and respond quickly to any disruptions or delays. By having access to up-to-date information, businesses can proactively manage their transportation operations and make informed decisions to improve overall performance.

Another important benefit of using a TMS is the ability to optimize transportation routes and schedules. TMS solutions leverage advanced algorithms and optimization techniques to ensure that shipments are delivered in the most cost-effective and timely manner. By optimizing routes, businesses can reduce transportation costs, minimize empty miles, and improve efficiency across the supply chain.

In addition, TMS solutions enable companies to automate manual processes and reduce the reliance on spreadsheets and emails to manage transportation operations. By centralizing transportation data and integrating with other systems, TMS solutions can streamline workflows, eliminate errors, and save time for logistics professionals. This automation not only increases overall productivity but also allows businesses to focus on strategic initiatives rather than repetitive tasks.

Furthermore, TMS solutions provide valuable insights and analytics that can help businesses make better decisions and optimize transportation performance. By analyzing key performance indicators (KPIs) and trends, companies can identify areas for improvement, measure carrier performance, and establish benchmarks for success. These insights enable businesses to continuously refine their transportation strategy and drive continuous improvement in their operations.

Moreover, TMS solutions offer scalability and flexibility to adapt to changing business requirements and market conditions. Whether a company is expanding its operations, entering new markets, or facing increased demand, TMS solutions can easily accommodate new workflows and processes without major disruptions. This scalability allows businesses to grow and evolve without worrying about outgrowing their transportation management system.

In conclusion, Transportation Management Systems have proven to be a highly useful tool for businesses looking to optimize their transportation operations and improve overall efficiency. By providing real-time visibility, optimizing transportation routes, automating manual processes, offering valuable insights and analytics, and providing scalability and flexibility, TMS solutions help businesses streamline their supply chain operations and stay competitive in the market. As companies continue to face challenges in managing their transportation activities, investing in a TMS can be a strategic decision that leads to long-term success and sustainable growth.

In Conclusion

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