Trade Management Software Market – Premium Market Insights
The global trade management software market was valued at US$ 712.3 Mn in 2018 and is expected to grow at a CAGR of 9.6% during the forecast period 2019 – 2027, to account to US$ 1,607.2 Mn in 2027. Factors such as complexities in global trade management, cost reduction and real-time visibility offered by global trade management, and rising cross-border trade is driving the global trade management software market. However, frequent changes in regulatory framework acts as a major challenge for the global trade management software market growth.
Every business across the globe has diverse concerns related to trade management. These concerns are based on several factors including product’s geographical location of sourcing, manufacturing, and shipping. Further, import and export volume of the products; compliance and security regulations of the delivery location; the multitude of FTAs and FTZs; number of partners involved in the supply chain; and the level of internal trade know-how are other key factors. Additionally, the need of any business may change on timely basis or depending on the location. Thus, business across the world are seeking for appropriate GTM solutions to simplify their global trade processes.
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The trade and supply chains across the world are expanding drastically owing to growth of cross-border markets. This has driven the establishment of production sites in different locations supported by a global supplier base. With the expansion of supply chain, the opportunities for errors during shipment across international borders has increased. Thus, before trading internationally, supply chain management bodies must confirm all procedures are fulfilled. This necessitates in-depth research and monitoring of regulations across the globe. GTM providers have extensive resources committed to the sole monitoring of and ensuring adherence to international trade rules and regulations that comprises of payment of duties, tariffs, and taxes.
The List of Companies
1. Amber Road, Inc.
2. Bamboo Rose LLC
3. Expeditors International of Washington, Inc.
4. Integration Point LLC
5. Livingston International
6. MIC
7. Oracle Corp
8. QAD, Inc,
9. QuestaWeb
10. SAP SE
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1: INTRODUCTION
2: KEY TAKEAWAYS
3: RESEARCH METHODOLOGY
4: TRADE MANAGEMENT SOFTWARE MARKET LANDSCAPE
5: TRADE MANAGEMENT SOFTWARE MARKET – KEY INDUSTRY DYNAMICS
6: TRADE MANAGEMENT SOFTWARE- GLOBAL MARKET ANALYSIS
7: TRADE MANAGEMENT SOFTWARE- GLOBAL MARKET ANALYSIS TRADE MANAGEMENT SOFTWARE MARKET REVENUE AND FORECASTS TO 2027 -COMPONENT
8: TRADE MANAGEMENT SOFTWARE MARKET REVENUE AND FORECASTS TO 2027 – BY DEPLOYMENT
9: TRADE MANAGEMENT SOFTWARE MARKET REVENUE AND FORECASTS TO 2027 -ORGANIZATION SIZE
10: TRADE MANAGEMENT SOFTWARE MARKET REVENUE AND FORECASTS TO 2027 -END-USER
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