Mexico Transportation Management System Market Size & Outlook
Mexico transportation management system market, 2018-2030 (US$M)
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Mexico transportation management system market highlights
- The Mexico transportation management system market generated a revenue of USD 500.8 million in 2023 and is expected to reach USD 1,836.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 20.4% 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 500.8 million |
| Market revenue in 2030 | USD 1,836.0 million |
| Growth rate | 20.4% (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, Mexico accounted for 3.7% 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 North America, U.S. transportation management system market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,836.0 million by 2030.
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Transportation Management System Market Scope
Transportation Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 25.34% in 2023. Horizon Databook has segmented the Mexico 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.
In October 2022, Bendix Commercial Vehicle Systems LLC began production of its new plant in Acuna, Mexico. It would produce two advanced technologies: Global Scalable Air Treatment and Global Scalable Brake Control. It is the latest development in the company's ongoing expansion, which includes three other advanced manufacturing plants and a logistics center.
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Target buyers of Mexico transportation management system market databook
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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 country-level data and insights on the Mexico transportation management system market , including forecasts for subscribers. This country databook contains high-level insights into Mexico transportation management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico transportation management system market size, by solution, 2018-2030 (US$M)
Mexico Transportation Management System Market Outlook Share, 2023 & 2030 (US$M)
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