Global Multichannel Order Management Market Worth USD 3.4 Billion in 2022, Expected to Grow at a CAGR of 12.2% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Multichannel Order Management market size accounted for USD 3.4 Billion in 2022, growing at a CAGR of 12.2% from 2023 to 2033. The multichannel order management (MOM) market refers to the market for software solutions and platforms that facilitate the seamless management and fulfillment of orders across multiple sales channels. In today's retail landscape, businesses operate through various channels, including e-commerce websites, mobile apps, social media platforms, marketplaces, and physical stores. Multichannel order management systems enable businesses to efficiently handle orders from these different channels and provide a unified and consistent customer experience. The rise of e-commerce and the increasing adoption of omnichannel retail strategies have created a need for robust order management systems. Businesses need to efficiently manage and fulfill orders from multiple channels while ensuring inventory visibility, order accuracy, and timely delivery.
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Key Highlights:
• The global Multichannel Order Management Market size was valued at USD 3.4 billion in 2022 growing at a CAGR of 12.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Multichannel Order Management Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Multichannel Order Management market report also includes the following data points:
• COVID19 Impact on Multichannel Order Management market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Multichannel Order Management market
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Key Players
Some of the major Multichannel Order Management players holding high market share include Brightpearl, Inc., Cloud Commerce Pro Ltd., Delhivery Pvt. Ltd., and HCL Technologies Limited. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Brightpearl, Inc.
• Cloud Commerce Pro Ltd.
• Delhivery Pvt. Ltd.
• HCL Technologies Limited
• IBM Corporation
• Newfold Digital Inc.
• Oracle Corporation
• Salesforce.com, Inc.
• SAP SE
• Zoho Corporation
Segmental Analysis
Market Segment By Component with focus on market share, consumption trend, and growth rate of Multichannel Order Management Market:
o Software
o Services
Market Segment By Application with focus on market share, consumption trend, and growth rate of Multichannel Order Management Market:
o Order Fulfillment
o Inventory Management
o Channel Integration
o Others
Market Segment By end-user with a focus on market share, consumption trend, and growth rate of the Multichannel Order Management Market:
o Retail
o Manufacturing
o Transportation and Logistics
o Others
Parameters Details
Market Size (2022) $ 3.4 Billion
CAGR (2023 to 2033) 12.2%
Market Segmentation Component, Application, End User
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Multichannel Order Management Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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