Freight Transportation Management Market Growth Opportunities and Forecast Analysis Report By 2029

pranit savgave

Nov 22, 2022 • 3 min read

Freight Transportation Management Market

Freight Transportation Management Market Overview

Freight transport management includes developing various strategies to improve freight and commercial transportation efficiency. The freight transportation management market focuses on lowering shipper costs while taking into account social costs such as congestion and pollution impacts. It assists shippers in selecting the appropriate mode of transportation. Rail and water transport, for example, are far more efficient than truck transport over long distances. It aids in the improvement of routing and scheduling in order to increase load factors and reduce freight vehicle mileage. It aids in the implementation of fleet management programs that help us optimally size vehicles for each trip, reduce vehicle mileage, and ensures that fleet vehicles are operated and maintained in ways that reduce external costs.

This Freight Transportation Management market study aims to give both a broad overview of the market and a thorough market segmentation based on connection type, end-use, and geographic location. The report includes crucial data on the market shares of the leading Freight Transportation Management businesses as well as significant market trends and outlooks.

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Freight Transportation Management Market Scope:

This Freight Transportation Management market study is backed by secondary and primary sources and is based on an in-depth analysis of the industry. Using country-by-country model mapping, the size of the Freight Transportation Management market is estimated. Along with patent and regulatory databases, it compiles both domestic and foreign financial data. The Freight Transportation Management industry's competitive landscape is supported by a microscopic and in-depth analysis of numerous market impact factors. By looking at past data, present trends, and important corporate statements, analysts in the Freight Transportation Management sector forecast, estimate, and calculate market prospects.

Freight Transportation Management Market Segmentation:

Based on the deployment mode, the on-premise segment had over 67% of the market for freight transportation management in 2021. Many businesses still prefer using on-premise solutions to guarantee convenient access to the server, better control over customization, and adequate data security. This has contributed to the segment's expansion. However, it is anticipated that incumbents in a variety of industries and industry verticals will aggressively transition to cloud-based transportation management systems as more people become aware of the benefits of these solutions.

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Freight Transportation Management Industry Key Players:

Oracle
SAP SE
Accenture
Blue Yonder Group, Inc.
E2open, LLC
Trimble Inc.
DSV
Werner Enterprises
Supply Chain Solutions
H. Robinson Worldwide, Inc.
TRANSPOREON GmbH
MercuryGate
JDA Software

COVID-19 Impact Analysis on Freight Transportation Management Market:

The Global Freight Transportation Management Market Research Report provides a sector overview based on important factors such as sales volume, revenue, and sales forecasting, as well as key drivers. The market is anticipated to expand significantly over the anticipated time frame (2021-2029). This study also includes the most recent market ramifications of COVID-19. The outbreak's global spread has significantly impacted people's lives. As a result, industries have been compelled to adopt new behaviours, patterns, and strategies. The case study makes an effort to depict the present and potential expectations of the market.

Key Questions answered in the Freight Transportation Management Industry Report are:

Which product segment had the largest share in the Freight Transportation Management Industry in 2020?
How is the competitive landscape of the Freight Transportation Management industry?
Which are the key factors aiding the Freight Transportation Management industry growth?
Which region holds the maximum share in the Freight Transportation Management industry?
What will be the CAGR of the Freight Transportation Management industry during the forecast period (2021-2027)?

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