Global Trade Management Market is Growing | Amber Road, Inc. , Aptean, The Descartes Systems Group Inc, SAP SE, Integration Point, LLC, Oracle

Global Trade Management Market research report delivers the systematic and comprehensive market research study, along with the facts and figures associated with any subject in the field of marketing. This report has a lot of features to offer about ICT industry such as the general market conditions, trends, inclinations, key players, opportunities, and geographical analysis. These and such other parameters help to take the business towards the escalation and success. Global Trade Management Market research report has been framed with the most excellent and superior tools of collecting, recording, estimating and analysing market data.

Global Trade Management Market is expected to rise from its initial estimated value of USD 775.28 million in 2018 to an estimated value of USD 1602.422 million by 2026, registering a CAGR of 9.50% in the forecast period of 2019-2026. This rise in market value can be increasing investments in the logistics.

Global Trade Management Market By Component {Solutions (Trade Function, Import/Export Management, Vendor Management, Trade Compliance, Duty Management, Risk and Quality Management, Supply Chain Visibility, Trade Finance, Insurance Management, Invoice Management, Others), Services (Consulting, Implementation, Support and Maintenance)}, Deployment Type (Cloud, On-Premises), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Vertical (Transportation and Logistics, Government and Public, Healthcare and Life Sciences, Aerospace and Defense, Manufacturing, Consumer Goods and Retail, Energy and Utilities, Others) Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

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Some of the major competitors currently working in the trade management market are Amber Road, Inc. (US), Aptean (US), The Descartes Systems Group Inc (Canada), SAP SE (Germany), Integration Point, LLC (US), Oracle (US), Precision Software (US), Livingston International (Canada), MIQ (US), Thomson Reuters (US), MIC Customs Solutions (Austria), QuestaWeb (US), Integration Point, Inc.(US), SEKO(US) , Cognizant (US), OCR Services, Inc. (US)., CargoWise Gmbh(Germany), TradeStone Software (US), Kewill Technologies (England), and MercuryGate International Inc. (US) are few among others.

Market Definition:

The trade management is a process of managing the trade in such a way that maximizes the profit and reduces the risk of the suppliers and the buyers involved in the trade process. The trade management helps in automating the processes related to customs, regulatory compliance, global logistics and trade financing which helps in managing the global trade efficiently. The globalization is making supply chain complex thus requirement of trade management is must. The growing cross border sales, increasing investments in the logistics are driving the growth of this market.

Major Market Drivers & Restraints:

Market Drivers:

There is increase in complexities in managing global trade is expected to drive the market growth.

There is increase in investment in global logistics infrastructures is also to drive the market growth.

There is increase in cross border sales is also to drive the market growth.

Market Restraints:

Organizations resistant to change legacy systems or to adopt new technologies this is expected to act as a restraint to the market growth.

Table of Contents:

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

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Segmentation: Global Trade Management Market

By Component

Solutions
Trade Function
Import/Export Management
Vendor Management
Trade Compliance
Duty Management
Risk and Quality Management
Supply Chain Visibility
Trade Finance
Insurance Management
Invoice Management
Others
Services
Consulting
Implementation
Support and Maintenance

By Deployment Type

Cloud
On-Premises

By Organization Size

Small and Medium-Sized Enterprises
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

By Geography

North America

South America

Europe

Asia-Pacific

Middle East and Africa

Key Developments in the Market:

In March 2019, Shopmatic merged with and Octopus Shopmatic, a Singapore-based firm providing e-commerce solutions to small businesses and individual entrepreneurs. Focus of this merger will be to enhance the offline-online synergy.

In April 2019, The Oracle Applications Users Group (OAUG)merged its BI Publisher Special Interest Group (BI Publisher SIG) and Analytics. Focus of this merger is focus on the integration of Oracle’s current analytics and reporting capabilities.

Competitive Analysis

Global trade management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of trade management market for Global, Europe, North America, Asia-Pacific and South America and Middle East and Africa.

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