Software

Trade Management Software Market Size at USD 1.05 Billion growth between 2022 – 2027, driven by growing need for improved supply chain efficiency

NEW YORK, 21 November 2023 /PRNewswire/ — The Trade Management Software Market report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference of Trade Management Software market between 2022 and 2027 is USD 1.05 billion. That increasing need for improved supply chain efficiency drives the trade management software market. Factors such as expanding delivery timelines, higher costs associated with global shipping or variations in delivery time necessitate visibility and optimization of supply chains. To facilitate the exchange of information about inventory and end products between departments, such as warehouses, warehousing and production, trade management software forms an essential link between order management systems and distribution centers. Get deeper insights into the market size, current market scenario, future growth opportunities, key growth drivers, latest trends and much more. Buy a full report here

  • Market Challenge – That increasing complexity of global trade challenge the trade management software market. The trade management software platforms handle various issues in multiple languages, time zones, currencies and modes of transportation. Learn about additional key drivers, trends and challenges available with Technavio. Read a sample PDF report now

The trade management software market is segmented by deployment (cloud-based and on-premise), end-user (retail and consumer goods, IT and telecom, automotive, transport and logistics and others) and geography (North America, EuropeAPAC, South Americaand Middle East and Africa).

  • That cloud-based implementation segment held the largest market share for trade management software in 2020. The segment is likely to maintain its dominance in overall market growth, primarily due to the increasing adoption of trade management software in organizations across emerging and advanced economies. Companies in advanced economies like the US are increasingly focusing on adopting global strategies that reduce business risks, protect their brand and ensure customer satisfaction while increasing revenue and expanding markets using trade management software.
  • By region, the global trade management software market is segmented into North America, EuropeAPAC, South Americaand Middle East and Africa. North America will explain 33% of market growth in the forecast period. Factors such as the presence of major trade management players and the increasing need for effective global trade compliance and effective supply chain management are driving the growth of the trade management software market in APAC. See a sample report for insight into the contribution of all segments and regional opportunities in the report.

Key Companies in the Trade Management Software Market:

Acme Trade Group Pty Ltd., AEB SE, Aptean Group of Companies, Bamboo Rose LLC, Cognizant Technology Solutions Corp., Descartes Systems Group Inc., E2open Parent Holdings Inc., Expeditors International of Washington Inc., Koch Industries Inc., Livingston International Inc., MIC Datenverarbeitung GmbH, Noatum Holdings SLU, OCR Services Inc., Oracle Corp., QAD Inc., S and P Global Inc., SAP SE, Thomson Reuters Corp., Trademo Technologies Inc., United Parcel Service Inc.

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Trade Management Software Market Scope

Report coverage

details

Base year

2022

Historical period

2018-2022

Forecast period

2023-2027

Growth Momentum & CAGR

Accelerating at a CAGR of 10.72%

Market growth 2023-2027

USD 1.05 billion

The structure of the market

Fragmented

Annual growth 2022-2023 (%)

9.21

Regional analysis

North America, Europe, APAC, South America and the Middle East and Africa

Execution of market contributions

North America with 33%

Key countries

USA, Canada, China, Germany and UK

Competitive landscape

Leading suppliers, market positioning of suppliers, competitive strategies and industry risks

TOC:

Executive Summary

Market landscape

Market size

Historical market sizes

Five forces analysis

Market segmentation by implementation

Market segmentation by end user

Market segmentation by geography

Customer landscape

Geographical Landscape

Drivers, challenges and trends

Company landscape

Business analysis

Appendix

About Technavio

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting covering 800 technologies spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, comprehensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact persons

Technavio Research
Jesse Maida
Media and Marketing Manager
USA: +1 844 364 1100
United Kingdom: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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