September 11, 2023
3 min

Global Transportation Management System (TMS) Market Size to ... - GlobeNewswire

The global Transportation Management System (TMS) market is projected to reach approximately USD 44.96 billion by 2030, with a growth rate of 19.1% annually. Technological advancements in the transportation and logistics sector, particularly the integration of Small Parcel Shipping (SPS), are driving this growth. The evolution of TMS solutions is addressing limitations in managing various shipping methods and improving efficiency and versatility. However, data security concerns pose a potential threat to market growth, as digitization makes transportation and logistics businesses more vulnerable to cyberattacks.

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Written by
Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry