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Freight Transport Management Market Share

Report ID: GMI6879
Published Date: Oct 2023
Report Format: PDF

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Freight Transport Management Market Share

Major players operating in the freight transport management market are:

Oracle Corporation
SAP SE
DB Schenker
IBM Corporation
CEVA Logistics
Korber AG
Infor

Oracle Corporation and SPA SE are the dominant players in the freight transport management business, holding around 10% of the market share. It offers a range of cloud-based transportation management systems (TMS) that streamline logistics operations. Oracle's TMS provides end-to-end visibility, optimized routing, and real-time tracking, enhancing efficiency and reducing costs. Its scalability and ability to integrate with other Oracle solutions make it a preferred choice for large enterprises seeking advanced transportation management capabilities.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of freight transport management was worth USD 25 billion in 2022 and is anticipated to register a CAGR of over 9% between 2023 and 2032, favored by the increasing globalization and trade expansion.

How is ocean freight application contributing to freight transport management industry?

North America led the global freight transport management market with a share of over 30% in 2022 and is poised for substantial growth in the coming years, backed by the region's robust logistics infrastructure, extensive trade relationships, and the rapid growth of e-commerce.

Oracle Corporation, SAP SE, DB Schenker, IBM Corporation, CEVA Logistics, Korber AG, and Infor among others.