Global Trade Management Market Overview:
Trade management refers to the computerized services and solutions that aid an organization in automating and centralizing cross-border trades. Designed to provide control and transparency over orders, shipments and payment methods, it incorporates modules for trade compliance, customs management, and monitoring logistics. It works by implementing a trade sequence that includes discovering a set-up, determining allocation size, planning, and monitoring the trade partner collaborations and entry and exits of the trade.
Global Trade Management Market Growth:
According to the latest report by IMARC Group, titled “Trade Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global trade management market size reached a value of US$ 881 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,564 Million by 2027, exhibiting at a CAGR of 10.5% during 2022-2027.
|Base Year of the Analysis||2021|
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Global Trade Management Market Trends:
The market is primarily driven by the ever-increasing volumes of international trade operations. Along with this, the rising implementation of trade management solutions and services in integrated compliance and regulatory functions are significantly propelling the market growth. Growing investments in global logistics infrastructures by key market players are also positively impacting the market. Moreover, the growing need for optimizing global logistics and shipment monitoring, the rise in infrastructure development projects, the emerging trend of digitization, and the extensive adoption of software solutions by traders are some of the other factors that are further providing an impetus to the market.
Global Trade Management Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
- Amber Road, Inc.
- Integration Point, Inc.
- Livingston International Inc.
- Oracle Corporation
- QAD Inc.
- QuestaWeb Inc.
- SAP SE
Our report has categorized the market based on component, functionality, deployment type, enterprise size and end-use sector.
Breakup by Component:
Breakup by Functionality:
- Trade Function
Breakup by Deployment Type:
Breakup by Enterprise Size:
- Small and Medium-Sized Enterprises (SMEs)
- Large Enterprises
Breakup by End-Use Sector:
- Retail and Consumer Goods
- Transportation and Logistics
- Aerospace and Defense
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers
- nd Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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