Christy Publications Transportation Management System Market | Page 2

Transportation Management System Market Taxonomy On the basis of mode of transportation, the global transportation management system market is segmented into:  Railways  Roadways  Airways  Seaways Among mode of transportation, the roadways segment is projected to grow with the largest CAGR over the forecast period. Increasing number of vehicles have resulted in congested roads, in turn causing financial losses to transportation companies. To overcome this issue, the companies are adopting transportation management solutions to find the best routes and reduce financial losses. On the basis of deployment model, the global transportation management system market is segmented into:  Cloud / Hosted  On Premises Among deployment model, the cloud/ hosted segment is projected to exhibit the highest CAGR over the forecast period. Increasing adoption of cloud technology by various industries has contributed to its rapid growth, in turn boosting the transportation management system solutions market. On the basis of application, the global transportation management system market is segmented into:  Aerospace & Defense  Automotive  Chemical  Electronics & Electrical  Food & Beverage