Published On : 17 Oct 2016
A new study on the global market for advanced transportation management systems has been recently added to the repository of QYResearchReports.com. The research report, titled “Global Advanced Transportation Management Systems (ATMS) Market Research Report 2021,” presents an evaluation of the historical as well as the current performance of this market, taking the key trends and growth opportunities into consideration.
According to the study, the significant increase in the intermodal transportation has been fueling the demand for ATMS solutions across the world. The need for replacing the old transportation management systems urgently is also boosting their demand considerably. In addition, the rising popularity of SaaS-based transportation management systems is expected to propel the global ATMS market remarkably during the forecast period. However, the low level of awareness pertaining to the benefits of ATMS among end users and the high cost incurred in the deployment of these systems is likely to restrict the market to register a steady rise over the next few years, states the research report.
Broadly, the global market for ATMS can be studied on the basis of the product type, application, and the geographical segmentation. Based on types, the market can be categorized into on-demand solutions and on-premise solutions. Hitherto, on-premise solutions were leading the market. However, on-demand solutions are expected to gain prominence over the forthcoming years.
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Based on application, the market can be classified into transportation and logistics, pharmaceutical, electrical and electronics, food and beverages, retail, and industrial sectors. Currently, the transportation and logistics sector leads the market and is projected to continue its leading streak throughout the forecast period, notes the study.
Geographically, the market can be segmented into Europe, North America, South East Asia, Japan, China, and India. North America has emerged as the key contributor to this market, thanks to the increasing adoption of SaaS-based solutions. The regional market is likely to maintain its dominance in the near future on account of the escalating adoption of RFID technology in supply chain systems, states the report.
This 103-page study offers an unbiased analysis of the worldwide market for advanced transportation management systems, taking a number of market verticals, such as production volume, product pricing, demand and supply, sales volume, revenue generated, and the rate at which the market is expanding into consideration. A detailed assessment of the competitive landscape of this market has also been provided in this research report, which profiles the leading players in this market to identify their future prospects in order determine the market hierarchy.
As per the research report, Computer Science Corp., Microsoft Corp., Oracle Corp., Intel Corp., ZTE Corp., IBM Corp., Siemens AG, and Cisco Systems Inc. are the leading manufacturers of advanced transportation management systems across the world.