DUBLIN–(BUSINESS WIRE)–The “Trade Management Market by Component (Solutions and Services), Deployment Type (On-Premises and Cloud), Organization Size, Vertical (Transportation and Logistics, Government and Public, Healthcare and Life Sciences), and Region – Global Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.
The global trade management market size to grow from USD 0.9 billion in 2021 to USD 1.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.0% from 2021 to 2026. The major factors fueling the trade management market include the increasing volume of international trade, the emerging trend of digitization, government regulations and compliances, to boost the growth of trade management market across the globe during the forecast period.
Services to grow at a higher CAGR during the forecast period
Trade management services are vital to ensure the proper integration of trade management solutions with the complex network infrastructure placed in enterprises. Trade management services facilitate the smooth functioning of the solutions over a period of time by monitoring, maintaining, and upgrading the critical aspects of trade management solutions. Trade management helps accelerate the cross-border supply chain by automating and streamlining trade processes, handling control costs, reducing the risk of penalties and fines, and clearing customs faster. The services considered for this report are consulting, implementation and integration, and support and maintenance.
In deployment type segment, on-premises to have the highest market share during the forecast period
The on-premises deployment is the traditional deployment method. In the on-premises deployment, an enterprise has complete control over solutions, as solutions are physically implemented on the premises. One of the major reasons why enterprises are still adopting on-premises deployment is the enhanced control over solutions. Large enterprises that have the resources and capabilities to manage trade management solutions in-house opt for the on-premises deployment.
Companies Profiled:
- 3Rdwave
- 4Pl Consultancy
- Accuity
- AEB
- Aptean
- Bamboo Rose
- Bdp International
- Bolero International
- Cargowise
- Centrade
- Descartes
- E2Open
- Expeditors
- Global Custom Compliance
- Infor
- Livingston International
- Mic Customs Solutions
- Neurored
- Noatum Logistics
- OCR Services
- Oracle
- QAD Precision
- SAP
- Shipsy
- Thomson Reuters
- Vigilant Global Trade Services
- Webb Fontaine
Key Topics Covered:
1 Introduction
1.1 Introduction to COVID-19
1.2 COVID-19 Health Assessment
1.3 COVID-19 Economic Assessment
1.4 Objectives of the Study
1.5 Market Definition
1.5.1 Inclusions and Exclusions
1.6 Market Scope
1.7 Currency
1.8 Stakeholders
1.9 Summary of Changes
2 Research Methodology
2.1 Research Data
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Assumptions for the Study
2.6 Limitations of the Study
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Trade Management Market
4.2 North American Market, 2021
4.3 Asia-Pacific Market, 2021
4.4 Market, by Country
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Volume of International Trade
5.2.1.2 Emerging Trend of Digitalization
5.2.1.3 Government Regulations and Compliances
5.2.2 Restraint
5.2.2.1 Organizations Resistant to Change Legacy Systems or Adopt New Technologies
5.2.3 Opportunities
5.2.3.1 Advanced Features to Link with Existing Corporate Systems
5.2.3.2 New Innovations in Supply Chain as a Service
5.2.3.3 Increase in Consumer Expectations for Free and Fast Delivery
5.2.4 Challenges
5.2.4.1 Lack of Capabilities to Manage GTM Systems
5.2.4.2 Increase in Complexities Related to Trade Management
5.3 Industry Trends
5.3.1 Regulatory Landscape
5.3.1.1 General Data Protection Regulation
5.3.1.2 Foreign Trade (Development and Regulation) Act, 1992
5.3.1.3 Export Control Law
5.3.1.4 Export Administration Regulations
5.3.1.5 The International Organization for Standardization 27001
5.3.1.6 California Consumer Privacy Act
5.3.1.7 Restriction of Hazardous Substances
5.3.2 Case Studies
5.3.2.1 Thomson Reuters: to Provide the Onesource Global Trade Visibility (Gtv) Solution for Fulfilling Trade Compliance-Driven Supply Chain
5.3.2.2 Amber Road: to Produce Accurate and Standardized Trade Documents to All Origins and Destinations
5.3.2.3 Amber Road: to Provide Strategic Supply and Demand Chain Management
5.3.2.4 Oracle: to Provide Strategic Supply and Demand Chain Management
5.3.3 Ecosystem Analysis
5.3.4 Value Chain Analysis
5.3.5 Patent Analysis
5.3.6 Average Selling Prices
5.3.7 Revenue Shift Analysis
5.3.8 Technology Analysis
5.3.9 Porter’s Five Forces Analysis
5.4 COVID-19 Driven Market Dynamics
6 Trade Management Market, by Component
6.1 Introduction
6.2 Solutions
6.2.1 Solutions: Market Drivers
6.2.2 Solutions: COVID-19 Impact
6.2.3 Trade Function
6.2.4 Trade Compliance
6.2.4.1 Duty Management
6.2.4.2 Risk and Quality Management
6.2.5 Supply Chain Visibility
6.2.6 Trade Finance
6.3 Services
6.3.1 Services: Market Drivers
6.3.2 Services: COVID-19 Impact
6.3.3 Professional Services
6.3.4 Managed Services
7 Trade Management Market, by Deployment Type
7.1 Introduction
7.2 Cloud
7.3 On-Premises
8 Trade Management Market, by Organization Size
8.1 Introduction
8.2 Small and Medium-Sized Enterprises
8.3 Large Enterprises
9 Trade Management Market, by Vertical
9.1 Introduction
9.2 Transportation and Logistics
9.3 Government and Public Sector
9.4 Healthcare and Life Sciences
9.5 Manufacturing
9.6 Retail and Consumer Goods
9.7 Energy and Utilities
9.8 Other Verticals
10 Trade Management Market, by Region
10.1 Introduction
10.2 North America
10.2.1 North America: Market Drivers
10.2.2 North America: Regulations
10.2.3 North America: COVID-19 Impact
10.2.4 United States
10.2.4.1 Large Metropolitan Cities in the US Helps the Country Capture a Large Share in Terms of World Trade
10.2.5 Canada
10.2.5.1 Canada is a Wealthy Country Because It Has a Strong and Diversified Economy
10.3 Europe
10.3.1 Europe: Market Drivers
10.3.2 Europe: Regulations
10.3.3 Europe: COVID-19 Impact
10.3.4 United Kingdom
10.3.4.1 The Top Export of the United Kingdom is Cars
10.3.5 Germany
10.3.5.1 Germany Has An Open Market and Relies on International Trade
10.3.6 France
10.3.6.1 Major Trade Partner of France is the European Union
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Asia-Pacific: Market Drivers
10.4.2 Asia-Pacific: Regulations
10.4.3 Asia-Pacific: COVID-19 Impact
10.4.4 China
10.4.4.1 China is a Record-Making Country in Terms of Its Exports
10.4.5 Japan
10.4.5.1 Japan is the Fourth-Largest Export Economy in the World
10.4.6 India
10.4.6.1 Indian Government Launched Atmanirbhar Bharat Abhiyan
10.4.7 Rest of Asia-Pacific
10.5 Middle East and Africa
10.5.1 Middle East and Africa: Market Drivers
10.5.2 Middle East and Africa: Regulations
10.5.3 Middle East and Africa: COVID-19 Impact
10.5.4 United Arab Emirates
10.5.4.1 The UAE is the Biggest Exporter of Tobacco
10.5.5 Saudi Arabia
10.5.5.1 Saudi Arabia is the Largest Exporter of Crude Oil
10.5.6 Rest of Middle East and Africa
10.6 Latin America
10.6.1 Latin America: Market Drivers
10.6.2 Latin America: Regulations
10.6.3 Latin America: COVID-19 Impact
10.6.4 Mexico
10.6.4.1 Volume of Exports in Mexico to Increase in 2021
10.6.5 Brazil
10.6.5.1 Brazil is Considered to be the Second-Largest Exporter of Food and Agricultural Products
10.6.6 Rest of Latin America
11 Competitive Landscape
11.1 Introduction
11.2 Market Evaluation Framework
11.3 Key Development Dynamics
11.3.1 Deals – Partnerships and Collaborations
11.3.2 Deals – Mergers and Acquisitions
11.4 Revenue Analysis of Leading Players
11.5 Market Share Analysis of Top Market Players
11.6 Historical Revenue Analysis
11.7 Company Evaluation Matrix
11.8 Company Product Footprint Analysis
11.9 Ranking of Key Players in the Trade Management Market, 2021
11.10 Startup/SME Evaluation Matrix, 2020
12 Company Profiles
12.1 Introduction
12.2 Major Players
(Business Overview, Products & Solutions, Key Insights, Recent Developments, Response to COVID-19, Analyst’s View)*
For more information about this report visit https://www.researchandmarkets.com/r/s56dby
