Multichannel Order Management Market to Surge to $6.5 Billion by 2031, Fueled by E-commerce Expansion: Allied Market Research

According to a new report published by Allied Market Research, titled, "Multichannel Order Management Market," The multichannel order management market size was at $2.5 billion in 2021, and is estimated to reach $6.5 billion by 2031, growing at a CAGR of 10.1% from 2022 to 2031.

Businesses track and account for orders from several sales channels using multichannel order management. These consist of wholesale, retail, and inventory used by online marketplaces and other businesses. For a variety of reasons, several departments require order information. A vital step in this process is disseminating this knowledge throughout the business. When there is a single, undisputed inventory data source that all stakeholders can openly access, a difficult layer of alignment is eliminated.

🔰 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/A31825

According to multichannel order management market research, inventory management and other segments collectively accounted for around 60% market share in 2021, with the former constituting around 35% share. The order fulfillment and inventory management segments are expected to witness considerable CAGRs of 12% and 11%, respectively, during the forecast period. The cumulative share of these two segments was 58% in 2021 and is anticipated to reach 60% by 2031.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘
By component, in 2021, the software segment was the highest revenue contributor to the market, with $1,500 million. However, the services segment is estimated to reach $1,800 million by 2031, at a significant CAGR, during the forecast period.
By organization size, the large enterprises segment was the highest revenue contributor to the market in 2021. However, the SMEs segment is estimated to grow with an impressive CAGR, during the forecast period.
By deployment mode, in 2021, The cloud-based segment was the highest revenue contributor to the market, with $1,600 million. However, the on-premises segment is estimated to reach $1,700 million by 2031, with an impressive CAGR, during the forecast period.
By application, in 2021, the inventory management segment was the highest revenue contributor to the market. However, order fulfillment segments are estimated to grow with an impressive CAGR in multichannel order management market forecast.
By end-use vertical, the manufacturing segment is estimated to reach $1,500 million by 2031, with impressive CAGR, during the forecast period. However, transportation & logistics and retail segments are expected to witness considerable CAGRs of 12% and 11%, respectively, during the forecast period.
Region-wise, the multichannel order management market growth was dominated by North America. However, Asia-Pacific and Europe are expected to witness a significant growth rate during the forecasted period.

The report offers a detailed segmentation of the global multichannel order management market based on component, organization size, deployment mode, application, end use vertical, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

Based on component, the software segment held the largest share of more than two-thirds of the global multichannel order management market in 2021, and would maintain its leadership in terms of revenue through 2031. The same segment is estimated to witness the fastest CAGR of 10.5% during the forecast period. The report also analyzes the services segments.

Based on organization size, the large enterprises segment was the largest in 2021, capturing over two-thirds of the global multichannel order management market, and would lead the trail through 2031. However, the SMEs segment is estimated to witness the fastest CAGR of 10.1% during the forecast period. The report also mentions the and segments.

🔰 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/multichannel-order-management-market/purchase-options

Based on deployment mode, the cloud based segment was the largest in 2021, grabbing more than two-thirds of the global multichannel order management market share, and would maintain its dominance through 2031. The same segment is estimated to witness the fastest CAGR of 10.8% during the forecast period. The report also mentions the on-premises segment.

Based on application, the inventory management segment was the largest in 2021, capturing over one-third of the global multichannel order management market, and would lead the trail through 2031. However, the order fulfillment segment is estimated to grow at the fastest CAGR of 11.5% through 2031. The report also mentions the channel integration and others segments.

Based on region, the market in North America was the largest in 2021, accounting for more than half of the global multichannel order management market share and is likely to maintain its leadership status during the forecast period. However, the market in Asia-Pacific is expected to manifest the highest CAGR of 12.6% from 2022 to 2031. The other regions analyzed in the study include Europe and LAMEA.

🔰 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/A31825

Leading players of the global multichannel order management market analyzed in the research include 𝐁𝐫𝐢𝐠𝐡𝐭𝐩𝐞𝐚𝐫𝐥, 𝐈𝐧𝐜., 𝐒𝐚𝐥𝐞𝐬𝐟𝐨𝐫𝐜𝐞, 𝐈𝐧𝐜., 𝐂𝐥𝐨𝐮𝐝 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐏𝐫𝐨 𝐋𝐭𝐝., 𝐃𝐞𝐥𝐡𝐢𝐯𝐞𝐫𝐲 𝐏𝐯𝐭. 𝐋𝐭𝐝., 𝐈𝐁𝐌 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐎𝐫𝐚𝐜𝐥𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐙𝐨𝐡𝐨 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐇𝐂𝐋 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐋𝐢𝐦𝐢𝐭𝐞𝐝, 𝐒𝐀𝐏 𝐒𝐄, 𝐚𝐧𝐝 𝐍𝐞𝐰𝐟𝐨𝐥𝐝 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐈𝐧𝐜.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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