The "enq: TM - contention" wait event in Oracle indicates contention for a table-level lock. This contention occurs when multiple sessions are attempting to acquire conflicting table-level locks concurrently, leading to performance issues as sessions have to wait for the locks to be released before they can proceed with their operations.
While there are similarities in the resolution strategies for "enq: TX - index contention" and "enq: TM - contention," they do involve different types of contention (index-level vs. table-level).
To clarify, here are specific resolution strategies for "enq: TM - contention" related to table-level lock contention: