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Market Snapshot

CAGR:5.81

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	5.81

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Report Overview

The Freight Transport Management Market is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 9.23% between 2022 and 2032. The market is expected to expand by USD 20,618.74 million during this period. Freight transport management involves the use of technology and software solutions to optimize and streamline the movement of goods across supply chains.

Freight Transport Management Market Overview:

Drivers:

The increasing global trade and e-commerce activities drive the growth of the Freight Transport Management market. As supply chains become more complex, efficient freight management becomes essential to ensure timely delivery and customer satisfaction.

Furthermore, the adoption of Internet of Things (IoT) devices and real-time tracking solutions contributes to the demand for Freight Transport Management solutions. IoT sensors enable shippers and carriers to monitor cargo conditions, location, and temperature in real time.

Trends:

The integration of blockchain technology into freight transport management is a significant trend shaping the market. Blockchain can enhance transparency, security, and traceability in the freight and logistics industry, reducing fraud and errors.

Moreover, the use of Artificial Intelligence (AI) and predictive analytics optimizes route planning and resource allocation. AI-powered systems can analyze historical data and current conditions to make informed decisions and improve overall efficiency.

Restraints:

The challenges of integrating disparate systems and legacy technologies pose obstacles in the Freight Transport Management market. Organizations often struggle with data silos and outdated infrastructure, hindering the adoption of comprehensive solutions.

Additionally, concerns about data privacy and security can impact the adoption of digital freight management solutions. Ensuring the protection of sensitive shipment data and compliance with regulations is crucial.

Freight Transport Management Market Segmentation by Solution: The transportation management system (TMS) segment is expected to witness substantial growth during the forecast period. TMS solutions provide tools for route optimization, carrier selection, load planning, and real-time tracking.

Furthermore, the warehouse management system (WMS) segment is a key area in the Freight Transport Management market. WMS solutions enable efficient inventory management, order fulfillment, and warehouse operations.

Freight Transport Management Market Segmentation by Transportation Mode: The road freight segment is anticipated to exhibit significant growth due to its widespread use and flexibility. Road freight accounts for a significant portion of freight transportation, making efficient management essential.

Regional Overview:

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The North America region is projected to contribute significantly to the global Freight Transport Management market, accounting for 41% of the market share during the forecast period. The region's extensive logistics networks, advanced transportation infrastructure, and adoption of innovative technologies drive the demand for freight management solutions.

Moreover, North America's emphasis on supply chain optimization and sustainability aligns with the adoption of digital freight management technology.

In 2020, the Freight Transport Management market witnessed steady growth, despite disruptions caused by the COVID-19 pandemic on global supply chains. The importance of agile and responsive freight management became evident as organizations sought to adapt to changing demand and supply dynamics.

Freight Transport Management Market Customer Landscape: The market report analyzes the adoption lifecycle, spanning from early adopters to late adopters. It examines adoption rates across different industries and regions, considering penetration levels. The report also explores key purchase criteria and factors influencing technology selection, aiding logistics providers in developing effective growth strategies.

Major Freight Transport Management Market Companies: Key players in the Freight Transport Management market are adopting diverse strategies such as partnerships, acquisitions, technology innovation, and service expansion to enhance their market presence.

Some major players include:

JDA Software Group, Inc. (Blue Yonder)
Oracle Corporation
SAP SE
C.H. Robinson Worldwide, Inc.
Manhattan Associates, Inc.
Descartes Systems Group Inc.
BluJay Solutions, Inc.
Trimble Inc.
MercuryGate International, Inc.
CargoSmart Limited

The research report provides a comprehensive competitive landscape analysis of 20 market companies, evaluating their strengths, weaknesses, and strategic approaches. The analysis categorizes companies based on their market focus and dominance.

Segment Overview:

The Freight Transport Management market report forecasts revenue growth globally, regionally, and at the country level. It analyzes trends and growth opportunities from 2019 to 2032.

Solution Outlook (USD Million, 2019 - 2032)

Transportation Management System (TMS)
Warehouse Management System (WMS)
Freight Security and Monitoring System (FSMS)
Freight 411 (Integrated Freight Management)
Others

Transportation Mode Outlook (USD Million, 2019 - 2032)

Road Freight
Rail Freight
Ocean Freight
Air Freight

Geography Outlook (USD Million, 2019 - 2032)

North America

U.S.
Canada

Europe

U.K.
Germany
France
Rest of Europe

APAC

China
Japan

South America

Brazil
Argentina
Rest of South America

Middle East & Africa

UAE
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Freight transport management MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Freight transport management MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Freight transport management Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Freight transport management MARKET BY solution landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Freight Mobility Solution

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Freight Operation Management Solution

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.4 Freight 3PL Solutions

5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Freight transport management MARKET BY deployment INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Cloud

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 On-premise

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Freight transport management MARKET REGIONAL OUTLOOK

7.1. Freight transport management Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Freight transport management Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Freight transport management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Freight transport management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Freight transport management Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Freight transport management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Accenture PLC

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 JDA Software

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 Manhattan Associates

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 CTSI - Global

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 DSV A/S

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Freight Transport Management Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032