India Transportation Management System Market Size & Outlook
India transportation management system market, 2018-2030 (US$M)
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India transportation management system market highlights
- The India transportation management system market generated a revenue of USD 732.0 million in 2023 and is expected to reach USD 2,650.3 million by 2030.
- The India market is expected to grow at a CAGR of 20.2% 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.
Transportation management system market data book summary
| Market revenue in 2023 | USD 732.0 million |
| Market revenue in 2030 | USD 2,650.3 million |
| Growth rate | 20.2% (CAGR from 2023 to 2030) |
| Largest segment | Fright & order management |
| Fastest growing segment | Reporting & Analytics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, India accounted for 5.4% of the global transportation management system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China transportation management system market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,185.1 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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India 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 25.44% in 2023. Horizon Databook has segmented the India 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.
A rapid increase in the number of Small- & Mid-Size Businesses (SMBs) in India, and their increased focus on the implementation of new-generation technologies to drive regional and global business is anticipated to drive the growth of the market in India.
Developing APAC economies such as India are focusing on a globalization model for developing a regional business environment. India is emerging as one of the world’s largest creators of data analysis professionals.
A strong IT industry, backed by the low-cost availability of qualified human resources, is likely to enable the quick and low-cost deployment of transportation management solutions in the country.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India transportation management system market , including forecasts for subscribers. This country databook contains high-level insights into India transportation management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India transportation management system market size, by solution, 2018-2030 (US$M)
India Transportation Management System Market Outlook Share, 2023 & 2030 (US$M)
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