Transport

Freight Transport Management Market Anticipated to Record Steady Gains, Advancing to $44.19 Billion by 2029

December 8, 2025 by The Business Research Company

Uncover key drivers, emerging technologies, and competitive movements shaping the freight transport management market from 2025–2034 with trusted insights from The Business Research Company

What are the forecasted starting (2025) and ending (2029) market sizes for the Freight Transport Management Market?

The freight transport management market has experienced significant expansion recently. This market is expected to expand from $27.28 billion in 2024 to $30.12 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 10.4%. This historical expansion is largely due to increased globalization, a growing population, an increase in demand for goods and services, an increase in government policies aimed at promoting global trade, and rising freight transportation.

The freight transport management market is projected to experience substantial expansion in the coming years. This market is anticipated to reach $44.19 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 10.1%. Factors contributing to this growth during the forecast period include expanding trade, the burgeoning e-commerce sector, the increasing intricacy of supply chains, a heightened demand for freight management solutions, and an increase in transport volumes. Key trends identified for the forecast period encompass technological progress, a shift in growth towards information technology, innovative product development, significant investment in sophisticated transport management solutions, and enhancements within freight transport management systems.

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What Drivers Are Supporting Technological Adoption In The Freight Transport Management Market?

The expansion of the e-commerce industry is anticipated to propel the growth of the freight transport management market going forward. The e-commerce industry is defined as the buying and selling of goods and services over the Internet. It encompasses various online transactions, including retail purchases, online auctions, digital downloads, and business-to-business trading. This industry’s growth is attributed to increased internet penetration, expanding mobile connectivity, convenience-driven consumer behavior, and the continuous evolution of online shopping platforms and technologies. Freight transport management is crucial for the e-commerce industry to ensure efficient and timely delivery of goods to customers, optimize logistics operations, minimize shipping costs, and maintain customer satisfaction. For instance, in February 2024, according to a report published by the U.S. Census Bureau, a division of the United States Department of Commerce, total e-commerce sales in the US reached an estimated $1,118.7 billion in 2023, reflecting a 7.6% increase compared to 2022. E-commerce sales in 2023 accounted for 15.4% of total sales, marking an increase from 14.7% of total sales in 2022. Therefore, the rise of the e-commerce industry is driving the growth of the freight transport management market.

Which Segments Are Contributing To The Growth Of The Freight Transport Management Market?

The freight transport managementmarket covered in this report is segmented –

1) By Offering: Solution, Services

2) By Deployment: On-Premise, Cloud

3) By Application: Road Freight, Rail Freight, Air Freight, Ocean Freight

4) By End-User: Manufacturing, Retail, Healthcare, Oil And Gas, Food And Beverage, Other End Users

Subsegments:

1) By Solution: Fleet Management Software, Warehouse Management Systems (WMS), Transportation Management Systems (TMS), Supply Chain Visibility Solutions, Route Optimization Solutions, Freight Tracking Solutions, Load Optimization Solutions, Other Solutions

2) By Services: Consulting Services, System Integration Services, Training and Support Services, Managed Services, Maintenance Services, Other Services

Which Trends Are Influencing The Performance And Direction Of The Freight Transport Management Market?

Major companies in the freight transport management market are developing advanced software solutions, such as transport management software, to offer customers enhanced features. Transportation management software (TMS) is a specialized system utilized by logistics and supply chain professionals for planning, executing, and optimizing the movement of goods. For instance, in December 2022, WrxFlo, an Ireland-based supply chain software provider, launched its WrxFlo Transport Management System. The WrxFlo Transport Management System (TMS) is a software designed to help businesses efficiently manage the logistics of moving physical goods across land, air, or sea. This comprehensive platform allows companies to streamline operations by overseeing all transportation activities throughout their global supply chain. With WrxFlo TMS, haulage operators can effectively plan, execute, and visualize logistics strategies in real time, leading to savings in both time and costs.

Who Are The Prominent Global Companies Shaping The Freight Transport Management Market Landscape?

Major companies operating in the freight transport management market are DHL International GmbH, Amazon Web Services Inc., CEVA Logistics, Accenture Plc, IBM Corporation, Oracle Corporation, DSV A/S, SAP SE, Union Pacific Corp., Cleveland-Cliffs Inc., Geodis SA, DB Schenker, Landstar System Inc., Korber AG, Fusion Transport, Universal Logistics Holdings Inc., Transportation Insight LLC, SEKO Logistics Ltd., Covenant, Manhattan Associates inc., Descartes Systems Group Inc., IBS Software, JDA Software Group Inc., CTSI-Global, HighJump Software LLC

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Which Geographic Areas Are Emerging As Strong Markets For The Freight Transport Management Market?

North America was the largest region in the freight transport management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the freight transport management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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