The global trade management market size reached USD 1,022.6 million in 2021 and is expected to register a revenue CAGR of 10.4% during the forecast period, according to latest analysis by Emergen Research. Robust market revenue growth can be attributed to rising demand for automation in management of trade processes in order to reduce operational costs of an organization, which has led to development of various trade management software.
Trade management software is capable of addressing complexities, thereby providing robust and scalable platforms such as pay-as-you-go models, owing to which, adoption of such management solutions has been increasing across various end-use industries. On 18 May 2022 for instance, DiMuto launched new trade management software ‘DiMuto Farm Management’, which aids small farm holders to digitize their operations, and achieve desired changes in their supply chain. This management software also connects operations such as growing, harvesting, selling, payment, and other services for better visibility of supply chain of farms.
To know more about the report @ https://www.emergenresearch.com/industry-report/trade-management-market
Various companies are focusing on adoption of Global Trade Management (GTM) systems, which is expected to drive demand over the forecast period in order to optimize and simplify overall trade management system. Moreover, vendors of GTM systems are adopting software-based trade management solutions with changing market dynamics to sustain among the competition and enhance market revenue. In addition, organizations are training and integrating GTM systems with corporate systems for smooth management of information over the cloud or on-premises platforms. However, lack of skilled IT professionals in various end-use sectors for installation and configuration of such software is a major factor expected to restrain revenue growth of the global trade management market.
The latest research report named ‘Global Trade Management Market – Forecast to 2030’, entails a comprehensive review of the global Trade Management Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period.
Companies profiled in the global Trade Management market:
Oracle,
Thomson Reuters,
Aptean,
SAP,
e2open,
LLC,
Precision,
Bamboo Rose LLC,
OCR Services, Inc,
Vigilant GTS LLC,
4PL Consultancy Ltd, MIC, and AEB.
Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Trade Management market
Sales revenue by key players and new entrants
Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight into recent trends and opportunities
Emergen Research has segmented the global trade management market based on component type, deployment type, functionality, enterprise size, end-use, and region:
Component Type Outlook (Revenue, USD Billion; 2019-2030)
Solution
Service
Deployment Type Outlook (Revenue, USD Billion; 2019-2030)
On-premise
On-cloud
Functionality Outlook (Revenue, USD Billion; 2019-2030)
Financial Control Management
Contract Management
Operational Risk Management
Audit Management
Compliance Management
Others
Enterprise Size Outlook (Revenue, USD Billion; 2019-2030)
Small and Medium-Sized Enterprises (SMEs)
Large Enterprises
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Retail & Consumer Goods
Transportation & Logistics
Aerospace & Defense
Healthcare
Manufacturing
Others
The Global Trade Management Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Trade Management market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Thank you for reading the research report. To get more information about the customized report and customization plan, kindly connect to us and we will provide you with the well-suited customized report.
About Us:
At Emergen Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
