Transportation Management System Market worth $47.55 billion by 2032 - Report by MarketsandMarkets™

MarketsandMarkets projects the Transportation Management System (TMS) market will rise from $21.42 billion in 2026 to $47.55 billion by 2032, a compound annual growth rate of 14.2%. The report, published Oct. 26, 2026 by the firm, estimates the market grew to $21.42 billion this year after reaching $18.50 billion in 2025. It cites 250 market data tables and 54 figures across 250 pages. The services segment is forecast to post the highest CAGR at 15.3%, while the enterprises segment is expected to hold a 37.3% share in 2026. Asia Pacific is projected to lead growth, also at 15.3%.