- The key vendors in the global TMS market 2015-2019 are Descartes Systems Group Inc., JDA Software Group Inc., Manhattan Associates Inc., Oracle Corp. and SAP AG
London, 08 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global TMS market 2015-2019. Increased use of cloud computing and RFID technology is one of the key trends upcoming in this market. Adoption of cloud-based on-demand models makes the vendor the IT equivalent of a 3PL provider. Cloud-hosted virtualized information reduces the investment that would have been required for tangible systems. The global TMS market 2015-2019 is expected to grow at a CAGR of 6.95% during the forecast period of 2014-2019.
“Transportation plays an important role in creating an omni-channel environment, which is an approach that leads to the seamless integration of all sales channels such as bricks and mortar, online, and mobile into a single platform,” says Faisal Ghaus, Vice President of Technavio Research.
“The advent of e-commerce has had a huge impact on the shipping processes of companies. Therefore, retailers, manufacturers, and wholesalers are demanding omni-channel systems. Thus, companies have to upgrade to a more integrated TMS.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
