Market revenue in 2023 | USD 1,589.0 million |
Market revenue in 2030 | USD 5,227.3 million |
Growth rate | 18.5% (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 |
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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 24.68% in 2023. Horizon Databook has segmented the Middle East & Africa 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 rise in infrastructure development projects in Saudi Arabia offers a huge opportunity for the large-scale adoption of various transportation management systems and analytics solutions. With the increasing population and dwindling energy resources, the intelligent public transport system has become necessary for ensuring a sustainable transportation industry in the region.
Governments and agencies in the region are adopting smarter, cleaner, safer, and efficient transportation systems and solutions to improve the mobility of cities and enhance the lifestyle of the population.
For instance, in Dubai, UAE, the Roads and Transport Authority is instrumental in enhancing public transport systems through timely investments. The city remains proactive in its vision of smart mobility and Automated Vehicle (AV) initiatives with its plan to convert 25% of its entire transportation infrastructure to autonomous mode by 2030.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa transportation management system market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa transportation management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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