Market Overview:
The global freight transportation management system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for freight transportation management systems from various end-user industries, such as third-party logistics (3PLs), forwarders, brokers, shippers, and carriers. Additionally, the growing trend of outsourcing freight transportation services is also contributing to the growth of this market. On the basis of type, the global freight transportation management system market can be segmented into rail freight transport management systems, road freight transport management systems, ocean freight transport management systems and air cargo transportmanagement systems.
Product Definition:
A freight transportation management system (FTMS) is a comprehensive software application that enables users to manage all aspects of their freight transportation operations. FTMSs typically include modules for order entry, shipping, routing, tracking and tracing, invoice processing, and customer service. They may also include features for managing carrier contracts and rates, as well as tools for evaluating shipping performance. The importance of FTMSs lies in the fact that they allow companies to optimize their freight transportation operations by providing a single source of information on which all decisions can be based.
Rail Freight:
Rail freight is the transportation of goods by rail. It can be considered as a substitute for road transport in cases where direct shipping is preferred, particularly when shorter distances are involved and the product or its container size does not require loading on trucks. Rail freight management systems include processes such as inventory management, order fulfillment, bill of lading generation and customer information management among others.
Road Freight:
Road freight is the transportation of goods by road. It can be defined as the transport of goods by a vehicle that is designed and constructed to carry bulk quantities in contrast with passenger or light rail vehicles. Road freight management includes planning, organizing, and controlling various aspects involved in the movement of heavy trucks on roads such as load scheduling, route planning, logistics network design optimization among others.
Application Insights:
The carriers segment held the largest share of more than 40.0% in 2017. The segment is expected to expand at a CAGR of XX% over the forecast period owing to rising demand for door-to-door delivery services across the globe, especially in developing countries such as India and China where last mile connectivity is a major concern for logistics companies and their customers. Moreover, growing e-commerce activities coupled with increasing penetration of electronic data records (EDRs) are expected to drive freight transportation management system adoption among carriers worldwide.
3PLs application segment is also anticipated to witness significant growth during the forecast period owing to increased awareness about cost reduction benefits offered by 3PL solutions along with improving operational efficiency and revenue growth prospects offered by these firms on account of improved customer experience through better tracking & visibility into shipments across all stages of transport from origin till final destination using real time information provided by shipment sensors installed at each stage along supply chain network which enables efficient planning, execution.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising investments in infrastructure development, increasing trade activities, and growing e-commerce industry across developing countries such as China, India, Japan and South Korea. Moreover, these nations are also focusing on becoming self-sufficient by reducing their dependence on other economies through increased domestic production levels. This has led to an increase in freight transportation management systems adoption across this region.
However, North America is anticipated to emerge as a strong contender during the forecast period owing to several initiatives taken up by governments of Canada & U.S., which are among major importers of freight traffic management solutions worldwide (in partnership with IBM). These solutions help transport providers manage their assets more efficiently while improving customer service levels at lower costs than traditional methods employed previously for same purposes.
Growth Factors:
- Increasing demand for freight transportation management system from small and medium-sized businesses
- Rising adoption of freight transportation management system by large enterprises to optimize their supply chain operations
- Proliferation of cloud-based freight transportation management systems that offer flexibility and scalability to businesses
- Emergence of Internet of Things (IoT) and big data analytics in the freight transportation sector that is expected to drive innovation in the market
- Growing need for real-time tracking and tracing of goods movement across the supply chain
Scope Of The Report
Report Attributes
Report Details
Report Title
Freight Transportation Management System Market Research Report
By Type
Rail Freight, Road Freight, Ocean Freight, Air Freight
By Application
Third-Party Logistics (3PLs), Forwarders, Brokers, Shippers, Carriers
By Companies
Descartes, Oracle, Werner Enterprises, Mercurygate, SAP, Accenture, Jda Software, Ceva Logistics, UPS, Db Schenker, C.H. Robinson (TMC), Riege Software, Retrans, Blujay Solutions, Mcleod Software, Freightview, Freight Management (FMI), Linbis, Logisuite, Dreamorbit
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Freight Transportation Management System Market Report Segments:
The global Freight Transportation Management System market is segmented on the basis of:
Types
Rail Freight, Road Freight, Ocean Freight, Air Freight
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Third-Party Logistics (3PLs), Forwarders, Brokers, Shippers, Carriers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Descartes
- Oracle
- Werner Enterprises
- Mercurygate
- SAP
- Accenture
- Jda Software
- Ceva Logistics
- UPS
- Db Schenker
- C.H. Robinson (TMC)
- Riege Software
- Retrans
- Blujay Solutions
- Mcleod Software
- Freightview
- Freight Management (FMI)
- Linbis
- Logisuite
- Dreamorbit
Highlights of The Freight Transportation Management System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rail Freight
- Road Freight
- Ocean Freight
- Air Freight
- By Application:
- Third-Party Logistics (3PLs)
- Forwarders
- Brokers
- Shippers
- Carriers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Freight Transportation Management System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A freight transportation management system (FTMS) is a computerized system used to manage the movement of goods by rail, truck, air or sea. The FTMS helps optimize the flow of cargo and minimize delays.
Some of the major companies in the freight transportation management system market are Descartes, Oracle, Werner Enterprises, Mercurygate, SAP, Accenture, Jda Software, Ceva Logistics, UPS, Db Schenker, C.H. Robinson (TMC), Riege Software, Retrans, Blujay Solutions, Mcleod Software, Freightview, Freight Management (FMI), Linbis, Logisuite, Dreamorbit.
The freight transportation management system market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Freight Transportation Management System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Freight Transportation Management System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Freight Transportation Management System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Freight Transportation Management System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Freight Transportation Management System Market Size & Forecast, 2018-2028
4.5.1 Freight Transportation Management System Market Size and Y-o-Y Growth
4.5.2 Freight Transportation Management System Market Absolute $ Opportunity
Chapter 5 Global Freight Transportation Management System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Freight Transportation Management System Market Size Forecast by Type
5.2.1 Rail Freight
5.2.2 Road Freight
5.2.3 Ocean Freight
5.2.4 Air Freight
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Freight Transportation Management System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Freight Transportation Management System Market Size Forecast by Applications
6.2.1 Third-Party Logistics (3PLs)
6.2.2 Forwarders
6.2.3 Brokers
6.2.4 Shippers
6.2.5 Carriers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Freight Transportation Management System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Freight Transportation Management System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Freight Transportation Management System Analysis and Forecast
9.1 Introduction
9.2 North America Freight Transportation Management System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Freight Transportation Management System Market Size Forecast by Type
9.6.1 Rail Freight
9.6.2 Road Freight
9.6.3 Ocean Freight
9.6.4 Air Freight
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Freight Transportation Management System Market Size Forecast by Applications
9.10.1 Third-Party Logistics (3PLs)
9.10.2 Forwarders
9.10.3 Brokers
9.10.4 Shippers
9.10.5 Carriers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Freight Transportation Management System Analysis and Forecast
10.1 Introduction
10.2 Europe Freight Transportation Management System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Freight Transportation Management System Market Size Forecast by Type
10.6.1 Rail Freight
10.6.2 Road Freight
10.6.3 Ocean Freight
10.6.4 Air Freight
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Freight Transportation Management System Market Size Forecast by Applications
10.10.1 Third-Party Logistics (3PLs)
10.10.2 Forwarders
10.10.3 Brokers
10.10.4 Shippers
10.10.5 Carriers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Freight Transportation Management System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Freight Transportation Management System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Freight Transportation Management System Market Size Forecast by Type
11.6.1 Rail Freight
11.6.2 Road Freight
11.6.3 Ocean Freight
11.6.4 Air Freight
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Freight Transportation Management System Market Size Forecast by Applications
11.10.1 Third-Party Logistics (3PLs)
11.10.2 Forwarders
11.10.3 Brokers
11.10.4 Shippers
11.10.5 Carriers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Freight Transportation Management System Analysis and Forecast
12.1 Introduction
12.2 Latin America Freight Transportation Management System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Freight Transportation Management System Market Size Forecast by Type
12.6.1 Rail Freight
12.6.2 Road Freight
12.6.3 Ocean Freight
12.6.4 Air Freight
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Freight Transportation Management System Market Size Forecast by Applications
12.10.1 Third-Party Logistics (3PLs)
12.10.2 Forwarders
12.10.3 Brokers
12.10.4 Shippers
12.10.5 Carriers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Freight Transportation Management System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Freight Transportation Management System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Freight Transportation Management System Market Size Forecast by Type
13.6.1 Rail Freight
13.6.2 Road Freight
13.6.3 Ocean Freight
13.6.4 Air Freight
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Freight Transportation Management System Market Size Forecast by Applications
13.10.1 Third-Party Logistics (3PLs)
13.10.2 Forwarders
13.10.3 Brokers
13.10.4 Shippers
13.10.5 Carriers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Freight Transportation Management System Market: Competitive Dashboard
14.2 Global Freight Transportation Management System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Descartes
14.3.2 Oracle
14.3.3 Werner Enterprises
14.3.4 Mercurygate
14.3.5 SAP
14.3.6 Accenture
14.3.7 Jda Software
14.3.8 Ceva Logistics
14.3.9 UPS
14.3.10 Db Schenker
14.3.11 C.H. Robinson (TMC)
14.3.12 Riege Software
14.3.13 Retrans
14.3.14 Blujay Solutions
14.3.15 Mcleod Software
14.3.16 Freightview
14.3.17 Freight Management (FMI)
14.3.18 Linbis
14.3.19 Logisuite
14.3.20 Dreamorbit
