Zion Market Research has published a new report titled “Transportation Management Systems Market by Component (Hardware, Software, and Service), by Mode of Transportation (Roadways, Railways, Airways, and Waterways), by Application (Passenger Transportation and Goods Transportation), and by End-Use Industry (Retail, Travel & Tourism, Construction & Heavy Equipment, Automotive, Government Transportation, Consumer Electronics, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024”. According to the report, the global transportation management systems market accounted for USD 11.4 billion in 2017 and is expected to reach USD 24.1 billion globally by 2024, at a CAGR of around 11.5% between 2018 and 2024.

Transportation management systems help organizations in managing transportation operations such as planning, execution, follow up, and measurement. These systems consist of various modules such as load optimization, route planning, delivery, freight audit, carrier administration, and many more.