Europe Transportation Management System Market Size & Outlook
Europe transportation management system market, 2018-2030 (US$M)
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Europe transportation management system market highlights
- The Europe transportation management system market generated a revenue of USD 3,448.1 million in 2023.
- The market is expected to grow at a CAGR of 14.6% from 2024 to 2030.
- In terms of segment, fright & order management was the largest revenue generating solution in 2023.
- Reporting & Analytics is the most lucrative solution segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 3,448.1 million |
| Market revenue in 2030 | USD 8,929.9 million |
| Growth rate | 14.6% (CAGR from 2023 to 2030) |
| Largest segment | Fright & order management |
| Fastest growing segment | Reporting & Analytics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Operational Planning, Fright & Order Management, Payment & Claims management, Monitoring & Tracking, Reporting & Analytics |
| Key market players worldwide | Globaltrans Investment PLC DR, Trimble Inc, International Business Machines Corp, Panasonic Holdings Corp, Manhattan Associates Inc, Oracle Corp, SAP SE ADR, The Descartes Systems Group Inc, E2open Parent Holdings Inc Class A, GoComet, Infor, MercuryGate International |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.3% of the global transportation management system market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,819.2 million by 2030.
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Transportation Management System Market Scope
Transportation Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe transportation management system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to transportation management system market will help companies and investors design strategic landscapes.
Fright & order management was the largest segment with a revenue share of 25.33% in 2023. Horizon Databook has segmented the Europe transportation management system market based on operational planning, fright & order management, payment & claims management, monitoring & tracking, reporting & analytics covering the revenue growth of each sub-segment from 2018 to 2030.
The regional growth can be attributed to the rapid evolution with substantial technological advancements in semi-autonomous and autonomous vehicles and growing advancements in areas such as mobility, cloud, data communication, and sensors.
The European commission is working with its member states, industry players, and public authorities to form a standard solution for the effective integration of intelligent transportation systems into the existing infrastructure.
For instance, as a part of the European Commission's Digital Single Market Strategy, the region aims to increase Intelligent Transportation System's use to manage the transport network for passengers and businesses effectively.
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Our clientele includes a mix of transportation management system market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe transportation management system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe transportation management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe transportation management system market size, by country, 2018-2030 (US$M)
Europe Transportation Management System Market Outlook Share, 2023 & 2030 (US$M)
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