Report
Why TMS are Indispensable
The Future is Now Why TMS are Indispensable to Growth in Logistics01 The TMS market is projected to grow from $7.7 billion to $17.8 billion from 2020 to 2025 at a Compound Annual Growth Rate (CAGR) of 18.2%. From the Model T to the supercars of today, or from the scythe to the modern-day harvesters, the evolution of technology has repeatedly changed the face of industries and opened gates to new growth opportunities. So transformational is the impact of such advancement that historians refer to these periods as ‘Industrial Revolutions’. The rapid pace of digitization on the back of Artificial Intelligence (AI) and Machine Learning (ML) has been powering the current Fourth Industrial Revolution. It has also been changing the face of many industries, and logistics is no exception. The