Freight Transportation Management Market worth $23.69 Billion by 2019

The report Freight Transportation Management Market by Solutions (Cost and Warehouse management system, Security & Monitoring system, Mobility solutions, Freight management solutions, Freight information management and 3PL solutions) – Global Forecast to 2019” defines and segments the freight transportation management solutions market into various segments with an in-depth analysis and forecasting of revenues. This research report also identifies the factors driving this market, various restraints, challenges, and opportunities impacting it along with the future roadmaps.

[192 Pages Report] MarketsandMarkets expects the freight transportation management market to grow from $15.30 billion in 2014 to $23.69 billion by 2019 at an estimated CAGR of 9.14% from 2014 to 2019.

Some of the key vendors occupying the market are Accenture, CTSI-global,, Descartes System Group, JDA Software, Manhattan Associates, DSV, SNCF Geodis. The freight transportation management market research report discusses the strategies and insights of the key vendors in the industry and also provides in-depth study of driving forces and challenges for market. The report also analyzes the global trends and future growth potentials across different regions. MarketsandMarkets has segmented the global market by freight transportation management solutions, Freight transportation management services, deployment model, organization size, modes and region. The report also consists of MarketsandMarkets views of the key players and analysts insights on various developments that are taking place in the market space. The forecast period for freight transportation management market research report is 2014-2019. The research report covers complete market categorized into following segments:

On the basis of type

Freight Transportation Management: By solutions

  • Freight transportation cost management
  • Freight security and monitoring systems
  • Freight mobility solutions
  • Freight operation management solutions
  • Freight 3PL solutions
  • Warehouse Management System

Market: By Services

  • Business Services
  • Managed Services
  • System Integrators
  • others

Market: By deployment model

  • On-premise
  • Hosted/Cloud

Market: By organization size:

  • Small medium business (SMBs)
  • Large Business

Market: By modes:

  • Roadways
  • Railways
  • Seaways
  • Airways

Market: By verticals:

  • Automotive
  • Consumer and retail
  • Aerospace and defense
  • Pharmaceutical and healthcare
  • Energy
  • Others

Freight Transportation Management Market: By region:

  • North America (NA)
  • Europe
  • Asia-Pacific (APAC)
  • Middle East and Africa (MEA)
  • Latin America (LA)

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis:

  • Breakdown of the North America market
  • Breakdown of the European market
  • Breakdown of the Asia Pacific market
  • Breakdown of the Middle East & Africa market
  • Breakdown of the Latin America market

Company Profiles:

  • Detailed analysis and profiling of additional market players

Transportation is the most important economic activity among the components of the business logistics and SCM system. As the, transportation plays a connective role among the several steps that result in the conversion of raw material into the finished good which is then delivered to the ultimate consumer. Hence, demand for the freight industry is increasing due to increase in import and export products which is than contributing towards growth of freight transportation management market. The efficient management of freight, an advanced freight management system is thus introduced as the solution and service for the management of global freight transport industry for better management and operations. Information and communication is considered as an enabling tool for having safe and efficient operations for freight transportation.

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The report also emphasizes on key adoption trends, evolution of solutions, services, future opportunities, and business cases in this freight market. The increasing international trade, globalization, and growing population are demanding a greater deal of efficiency in logistics activities, to fulfil the on-time delivery demand of the end users. This has created an enormous opportunity for the vendors of this market to provide on-demand, real time updated and intelligent solutions.

Verticals such as roadways, airways, railways, and seaways are widely used for moving goods both inbound and outbound operations. Roadways has the major market share in the vertical and is expected to grow in the forecasted period; there is a lot of opportunity for the vendors offering their solution in the roadways as well as other verticals for managing freight transportation activities. Out of all the regions, North America is the largest revenue generator for the solutions and services in the freight transportation management market. APAC will show a significant rise in their revenues because of the budding inter-trade and intra- trade that exists between different countries of Asia.

The Freight Transportation Management market is broadly segmented by type of its solutions: Freight Transportation Cost Management, Freight Security and Monitoring Systems, Freight Mobility Solutions, Freight operation management Solutions, Freight Information Management Solutions, Freight 3PL Solutions, Warehouse Management System; By type of service: Business Services, Managed Services, and System Integrators; By type of deployment model: On-premise , Hosted/Cloud ; By type of organization size: Small Medium Business (SMBs) and Large Business; By type of mode: Roadways, Railways, Seaways and Airways; By type of vertical: Automotive, Consumer and Retail, Aerospace and Defense, Healthcare and Pharmaceuticals, Energy, and Others; By regions: North America (NA), Asia-Pacific (APAC), Europe, Latin America (LA), Middle East and Africa (MEA).

There are various assumptions that have been taken into consideration for market sizing and forecasting exercise. Few of global assumptions include political, economic, social, technological and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging APAC regions.

The freight transportation management market research report will help the market leaders/new entrants in this market in the following ways:

  • This report segments the market into solutions, services, deployment model, organization size and modes, covering this market comprehensively. This report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the different verticals and regions.
  • This report will help them to better understand their competitors by gain more insights to better position their business. There is a separate section on competitive landscape, including competitor ecosystem, mergers and acquisition. Besides, there are company profiles of 10 top players in this market.

MarketsandMarkets expects the freight transportation management market to grow from $15.30 billion in 2014 to $23.69 billion by 2019 at an estimated CAGR of 9.14% from 2014 to 2019.

 

Browse 72 market data tables and 60 figures spread through 192 pages and in-depth TOC on “Freight Transportation Management Market by Solutions (Cost and Warehouse management system, Security & Monitoring system, Mobility solutions, Freight management solutions, Freight information management and 3PL solutions) – Global Forecast to 2019”
https://www.marketsandmarkets.com/Market-Reports/freight-transportation-management-market-104446287.html
Early buyers will receive 10% customization on reports.

 

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