TRANSPORTATION MANAGEMENT SYSTEM MARKET ANALYSIS

Market Challenges And Opportunities

Moreover, transportation management system involves low costs, management of high level customer services, improvement of productivity and efficiency of the logistic operation, and capability of target logistic initiatives that helps in business growth pose as drivers for growth of the market. In addition, increasing usage of IOT and big data technology along with growing adoption of cloud technology provide key opportunities for growth of the transportation management system market. However, insufficient IT investment for transportation infrastructure and high data security concerns are some of the major factors, hindering growth of the transportation management system market.