The trade management software market is expected to register a CAGR of 9% in the forecast period (2021-2027). Globalization is also increasing the value of imports and exports. According to the WTO, the value of commodity transactions increased by 10% to $19.48 trillion in 2018, partly due to high energy prices. The value of trade in commercial services rose 8% to US$5.8 trillion in 2018 due to strong import growth in Asia. The implementation of trade management software helps organizations optimize the costs and risks associated with international trade.
A full report of Trade Management Market available at https://www.orionmarketreports.com/trade-management-software-market/38339/
Key Market Players
Amber Road, Inc. (US), Aptean (US), Descartes (Canada), SAP SE (Germany), Integration Point Inc. (US), Oracle (US), Precision Software (US), QuestaWeb, Inc. (US), Livingston International (Canada), MIQ Logistics (US), Thomson Reuters (US), and MIC Customs Solutions (Austria)
Trade Management Market- Segmentation
By Component
• Solutions
• Services
By Deployment Type
• On-premises
• Cloud-based
By Organization Size
• SMEs
• Large enterprises
By Vertical
• Transportation and logistics
• Government and public
• Healthcare and life sciences
• Aerospace and defense
• Manufacturing
• Consumer goods and retail
• Energy and utilities
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
