Global Trade Management Market – Industry Trends and Forecast to 2026

  • ICT
  • Upcoming Report
  • May 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

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

Market Analysis: Global Trade Management Market

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.

Market Definition: Global Trade Management Market

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.

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

    • US
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of 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

Major Market Competitors/Players

Few 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.

Research Methodology: Global Trade Management Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

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