The global transport management systems (TMS) sector is poised for solid growth over the next few years with its market value in the major markets of North America and Europe likely to reach more than €5 billion ($5.8 billion) in 2029 with a compound annual growth rate of 12.2%, according to Berg Insight, the leading IoT market research provider.
TMS is a logistics platform that helps plan, execute and optimise the physical movement of goods. The dedicated transport management systems first emerged in the 1980s and were mainly adopted by larger companies.
The TMS market has since then evolved considerably and cloud-based solutions today offer scalable alternatives for businesses of any size across industry sectors.
Berg Insight estimates that the value of the European TMS market reached around €1.4 billion in 2024. Growing at a CAGR of 12.2%, the market value of transport management systems in Europe is forecasted to reach €2.5 billion in 2029.
The North American TMS market is at the same time forecasted to grow from an estimated €1.8 billion in 2024 to reach almost €3 billion in 2029, representing a CAGR of 11.2%.
Solution vendors range from small specialised TMS developers active in local markets to the major enterprise software providers with worldwide presence, it stated.
Some of the most notable players on the North American TMS market are Trimble Transportation and McLeod Software.
"Trimble is a major industrial technology company which offers a suite of TMS solutions following multiple acquisitions, while McLeod has focused specifically on serving the trucking industry for 40 years," said Rickard Andersson, Principal Analyst, Berg Insight.
Andersson pointed out that the providers of broader supply chain and logistics offerings such as Blue Yonder, Manhattan, E2open (acquired by WiseTech in 2025), Descartes (including 3G acquired in 2025) and Kinaxis are also competing in the TMS space.
Mastery, Turvo, TMSfirst, FreightWise (including Kuebix acquired in 2023) and Shipwell are additional examples of players with a primary TMS focus.
The global logistics company C.H. Robinson (the former TMC division) is yet another example. Uber Freight also has a TMS business (stemming from the acquisition of Transplace).
"The major US-based cloud infrastructure and software provider Oracle is active in this space with its Oracle Transportation Management offering deployed across all geographic markets, and the Germany-based enterprise application software giant SAP similarly offers SAP Transportation Management globally," noted Andersson.
The European TMS market is further served by players such as Transporeon (now owned by Trimble), Infios (formerly Körber Supply Chain Software, including US-based MercuryGate acquired in 2024), 4flow, proLogistik, AEB, ecovium, Solvares, Soloplan and LIS based in Germany; the French groups Generix (including DDS), Sinari and Akanea; Microlise (including Enterprise Software and Vita Software), Aptean 3T, Mandata and HaulTech in the UK; Alpega headquartered in Austria; BlueRock TMS, Navitrans and Boltrics based in Benelux; nShift, Pagero, AddSecure and Opter in the Nordics; Inelo headquartered in Poland; the Italian companies Tesisquare and Sima; Alerce based in Spain; as well as AndSoft in Andorra.-TradeArabia News Service