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The Transport Management Systems market value in Europe and North America to exceed € 3 billion by 2026

Berg Insight, the leading IoT market research provider, today released a new market study covering the transport management systems market.

A transport management system (TMS) is a logistics platform that helps plan, execute and optimise the physical movement of goods. Dedicated transport management systems first emerged in the 1980s, mainly adopted by larger companies. The TMS market has since then evolved considerably and cloud-based solutions today offer scalable alternatives for businesses of any size across industry sectors. Berg Insight estimates that the value of the European TMS market reached around € 0.9 billion in 2021. Growing at a compound annual growth rate (CAGR) of 9.7 percent, the market value of transport management systems in Europe is forecasted to reach € 1.5 billion in 2026. The North American TMS market is at the same time forecasted to grow from € 1.3 billion in 2021 to reach almost € 2.0 billion in 2026, representing a CAGR of 9.3 percent.

Solution vendors range from small specialised TMS developers active in local markets to the major enterprise software providers with worldwide presence. “Some of the most notable players on the North American TMS market are Trimble Transportation and McLeod Software”, said Rickard Andersson, Principal Analyst, Berg Insight.

He adds that Trimble is a major industrial technology company which offers a suite of TMS solutions following multiple acquisitions, while McLeod has focused specifically on serving the trucking industry for over 35 years.

Providers of broader supply chain and logistics offerings such as Blue Yonder, Manhattan Associates, Descartes and E2open (including BluJay Solutions) are also competing in the TMS space. MercuryGate and TMC (a division of C.H. Robinson) are additional examples of players with a primary TMS focus, while the major US-based cloud infrastructure and software provider Oracle is active in this space with its Oracle Transportation Management offering available worldwide.

“The Germany-based enterprise application software giant SAP similarly offers SAP Transportation Management globally”, continued Mr. Andersson. The European TMS market is served by both local and multinational players such as Transporeon, Soloplan and LIS based in Germany, the French groups SINARI, Generix and AKANEA, Belgium-based Alpega, the Italian company TESISQUARE and AndSoft based in Andorra. The latter is active throughout Europe and beyond.

Download report brochure: The Transport Management Systems Market

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