Zion Market Research Global Transport System Market, 2016–2024 | Page 3

Transport System Market
Global Transport System Market: Growth Factors
Swiftly growing economies provide opportunities as well as challenges in the global market for
transportation industries. Growing goods shipment all around the world is a key factor responsible for
channel congestion as well as for rising cutthroat competition in the global market. As a result, the
demand of transport system is rapidly increasing mainly owing to the increasing need for safety
standards during transportation, handling, and storage of goods. Furthermore, rising transportation
costs owing to intricate and exhaustive transportation networks results in growing need for TMS,
positively impacting the global market growth. New advancements in TMS software as compared to
the conventional software is another major reason boosting the global transport system
market growth.
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system-market
Global Transport System Market: Segmentation
The global transport system market is categorized based on the applications, features, transportation
modes, and types of license. Based on the feature, the global market is segmented as execution,
planning & optimization, and visibility & performance management. On the basis of application, the
global market is categorized as capacity management, transport sourcing, performance management,
shipping consolidation, network design, and route planning. The transport sourcing segment is further
sub-segmented as multiple sourcing, single sourcing, and hybrid sourcing. Based on the type of
license, the global market is divided as on-premises hosted licensing, on-premises licensing, and