Straits Research published report, “Freight Management System Market Size & Outlook, 2026–2034”. According to the study, the market size is valued at USD 19.76 billion in 2025 and is projected to expand to USD 43.21 billion by 2034, registering a CAGR of 9.4%.

Market Dynamics

The growing digitalization of logistics platforms, automation of freight operations, and integration of advanced technologies such as AI, IoT, and cloud computing drive the growth of the freight management system market. Growing demand for real-time shipment visibility, route optimization, and centralized freight control will drive the market in segments of road, rail, air, and water transportation.

The different initiatives taken by the government to modernize the logistics infrastructures, promote multimodal freight corridors, and develop regulatory frameworks for tracking and compliance of cargoes in regions like the U.S., Germany, China, and India are considered major growth drivers. This, in turn, creates new avenues of investment in AI-powered TMS, warehouse automation, and predictive analytics, improving efficiency, reducing operational costs, and enhancing the overall performance of the supply chain for logistics service providers, shippers, and carriers.

Market Highlights

• Segmental Leadership: Transportation Management System (TMS) holds the largest share (41.5%) in 2025, while Services segment is projected to record the fastest CAGR (9.86%) during the forecast period.
• Transportation Mode Outlook: Road segment captured the largest market share of 37.38% in 2025. because road freights have remained flexible and are thus widely used in domestic and regional logistics.
• End-User Insights: Third-Party Logistics (3PLs) segment is expected to grow at the fastest CAGR (~9.97%) during the forecast period.
• Regional Insights: North America dominates with 35.47% share, driven by robust logistics infrastructure, multimodal freight integration, and increasing adoption of digital TMS solutions.