Press release
Trade Management Market worth $7.71 billion by 2030, growing at a CAGR of 12.07% - Exclusive Report by 360iResearch
The "Trade Management Market by Component (Services, Solutions), Organization Size (Large Enterprises, Small & Medium-Sized Enterprises), Deployment Mode, Functionality, Vertical - Global Forecast 2023-2030" report has been added to 360iResearch.com's offering.The Global Trade Management Market to grow from USD 3.09 billion in 2022 to USD 7.71 billion by 2030, at a CAGR of 12.07%.
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Trade management is a technique of streamlining the entire work process of global trade, including order, logistics, and settlement activities, to improve a business's operational efficiencies and profitability. Global trade management is associated with the complexities of multiple languages, time zones, currencies, and modes of transport compared to domestic distribution management, creating the necessity for efficient trade management systems. Nations across the world are focused on increasing their import & export activities which are helping to boost the adoption of trade management solutions. However, trade management is highly vulnerable to economic and political conditions. Any instability in the global or nation's economic and political conditions can impact the trade management market. Moreover, advanced technologies such as blockchain are aiding in building robust trade management systems with enhanced data security.
The trade management market landscape is innovative in the American region, attributed to growth in international trade and a rising number of trade agreements. In addition, the COVID-19 pandemic boosted the adoption of digital and remote operations related to cross-border trade services in the Americas. The growing foreign direct investments (FDI) in emerging economies of Asia-Pacific and growing regional manufacturing & trade activities are elevating the adoption of trade management solutions in the region.
Market Segmentation & Coverage:
This research report categorizes the Trade Management Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component, market is studied across Services and Solutions. The Solutions commanded largest market share of 66.20% in 2022, followed by Services.
Based on Organization Size, market is studied across Large Enterprises and Small & Medium-Sized Enterprises. The Small & Medium-Sized Enterprises commanded largest market share of 63.29% in 2022, followed by Large Enterprises.
Based on Deployment Mode, market is studied across Cloud and On Premises. The Cloud commanded largest market share of 65.87% in 2022, followed by On Premises.
Based on Functionality, market is studied across Trade Compliance, Trade Consulting, Trade Finance, and Trade Function. The Trade Compliance commanded largest market share of 33.04% in 2022, followed by Trade Function.
Based on Vertical, market is studied across Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Manufacturing, Retail & Consumer Goods, and Transportation & Logistics. The Transportation & Logistics commanded largest market share of 26.28% in 2022, followed by Retail & Consumer Goods.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 36.90% in 2022, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Trade Management Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Trade Management Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Trade Management Market, highlighting leading vendors and their innovative profiles. These include 3rdwave, 4PL Consultancy Ltd., AEB SE, Bamboo Rose LLC, BDP International, Inc., Bolero International Limited, Centrade, Inc., E2open Parent Holdings, Inc., Expeditors International of Washington, Inc., GeTS Asia Pte. Ltd., Global Customs Compliance, Infor, LexisNexis Risk Solutions Group, Livingston International Inc., MIC Datenverarbeitung GmbH, Neurored S.A., Noatum Logistics, OCR Services, Inc., Oracle Corporation, SAP SE, Shipsy.io, The Descartes Systems Group Inc., Thomson Reuters Corporation, Vigilant GTS LLC, Visionet Systems, Inc., Webb Fontaine Group, Wise Tech Global, and Zonos.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Trade Management Market, by Component
7. Trade Management Market, by Organization Size
8. Trade Management Market, by Deployment Mode
9. Trade Management Market, by Functionality
10. Trade Management Market, by Vertical
11. Americas Trade Management Market
12. Asia-Pacific Trade Management Market
13. Europe, Middle East & Africa Trade Management Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Trade Management Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Trade Management Market?
3. What is the competitive strategic window for opportunities in the Trade Management Market?
4. What are the technology trends and regulatory frameworks in the Trade Management Market?
5. What is the market share of the leading vendors in the Trade Management Market?
6. What modes and strategic moves are considered suitable for entering the Trade Management Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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