Market revenue in 2023 | USD 825.1 million |
Market revenue in 2030 | USD 2,054.5 million |
Growth rate | 13.9% (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 |
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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 25.34% in 2023. Horizon Databook has segmented the UK 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 robust transportation infrastructure, favorable economic policies, and high Gross Domestic Product (GDP) per capita have boosted the growth of the British smart transportation market. Furthermore, the growing information and communication technology sector is expected to fuel the growth of the regional public transport market over the forecast period.
In February 2022, Transport for London (TfL), a U.K.-based transportation service provider, announced a collaboration with MTR Elizabeth Line and its contractor, Walker Construction Limited, a U.K.-based construction company, to improve access and provide more space at the Burnham station.
The improvements include the provision of new ticket vending machines, customer information screens, automatic ticket gates, ticket office building with accessible ticket windows, and automatic ticket gates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK transportation management system market , including forecasts for subscribers. This country databook contains high-level insights into UK transportation management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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