AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Trade Management Software Market Expected to Grow with a CAGR of Almost 12% During the Forecast Period, 2019-2025 - ResearchAndMarkets.com

October 11, 2019

DUBLIN--(BUSINESS WIRE)--Oct 11, 2019--

The “Trade Management Software Market By Solutions (Trade Function, Trade Compliance, Trade Finance, and Supply Chain Visibility) Services (Consulting, Implementation, and Support & Maintenance) - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

According to the author, global trade management software market will grow at a CAGR of nearly 12% during the forecast period 2019-2025.

Global trade management software is a set of solutions designed and developed for smoothening the trade operations by streamlining and automating it. Importers and exporters integrate global trade management software with their ERP/supply chain software to collaborate with trade partners efficiently. Global trade management software includes modules for trade compliance, import management, export management, customs management, and others. Others include modules focused on logistics, transportation, and supply chain. Trade compliance accounted for a major share in the global trade management software market. International trade compliance refers to the way how company observes the laws and regulations that govern its international business operations. Sudden changes in the regulations can lead to severe consequences as most of the organizations are unaware of the changes made by the government. Therefore, the adoption of trade compliance solution will enable them in avoiding these consequences by streamlining the business operations and accurately complying the changing regulations.

The volume of international trade has been growing due to globalization and transportation and logistics companies are facing issues related to streamlining the business process and operation costs associated with growing trade operations. Financial year 2017 and 2018 has witnessed substantial trade operations worldwide despite issues regarding Brexit and the trade war between US and China.

Some of the major factors which will affect the global trade management software market positively are as follows:

One of the major factors hampering the adoption of global trade management software is the reluctance of many companies to adopt these solutions mainly due to concerns regarding the integration of trade management software with existing software and systems. End-users often prefer a plug-and-play solution to ease the integration process of trade management software with the ERP software present in the system.

In the forecast period, the global trade management software market is expected to witness consolidation with many major ERP vendors entering in the market. For instance, E2open acquired Amber Road, which is one of the major trade management software providers in May 2019. Major ERP software vendors will pose a major threat to small core trade management software vendors in the market.

The aim of this report is to define, analyze, and forecast the global trade management software market based on segments, which include deployment, offering, mode of trade, solutions, and region. In addition, trade management software market report helps venture capitalists in understanding the companies better and make well-informed decisions and is primarily designed to provide the company’s executives with strategically substantial competitor information, data analysis, and insights about the market, development, and implementation of an effective marketing plan

Key Topics Covered:

1 Executive Summary

2 Industry Outlook

2.1 Industry Snapshot

2.1.1 Industry Trends

3 Market Snapshot

3.1 Total Addressable Market

3.2 Segmented Addressable Market

3.2.1 PEST Analysis

3.2.2 Porter’s Five Force Analysis

3.3 Related Markets

4 Market Characteristics

4.1 Market Ecosystem

4.2 Market Segmentation

4.3 Market Dynamics

4.3.1 Drivers

4.3.1.1 Globalization and economic growth driving international trade

4.3.2 Restraints

4.3.2.2 Reluctance among some end-users in adopting trade management software

4.3.3 Opportunities

4.3.3.1 Growing number of new trade routes

4.3.4 DRO - Impact Analysis

5 Global Trade Management Software Market, By Deployment

5.1 Overview

5.2 Cloud-based

5.3 On-Premise

6 Global Trade Management Software Market, By Mode of Trade

6.1 Overview

6.2 Online

6.3 Physical

6.3.1 Road and Rail Based

6.3.2 Air Based

6.3.3 Water Based

7 Global Trade Management Software Viewers, By Solutions

7.1 Overview

7.2 Trade Compliance

7.3 Import and Export Management

7.4 Customs Management

7.5 Others

8 Global Trade Management Software Market, By Offering

8.1 Overview

8.2 Subscription

8.3 Services

9 Global Trade Management Software Market, By Region

9.1 Overview

9.2 APAC

9.2.1 China

9.2.2 India

9.2.3 Japan

9.2.4 Rest of APAC

9.3 North America

9.3.1 US

9.3.2 Canada

9.4 Europe

9.4.1 Germany

9.4.2 UK

9.4.3 France

9.4.4 Rest of Europe

9.5 RoW

9.5.1 Middle East and Africa

9.5.2 Latin America

10 Competitive Landscape

10.1 Competitor Analysis

10.2 Product/Offerings

10.3 Market Developments

10.3.1 Mergers & Acquisitions (M&A)

10.3.2 Expansions

10.3.3 Business Restructuring

11 Vendor Profiles

11.1 Oracle

11.1.1 Analyst Opinion

11.1.2 Business Analysis

11.2 SAP

11.3 Infor

11.4 Integration Point

11.5 E2open

11.6 Avolin

11.7 Bamboo Rose

11.8 AEB

11.9 Descartes Systems Group

11.10 QAD Precision

11.11 QuestaWeb

11.12 CustomsNow

11.13 GTKonnect

11.14 Expeditors International of Washington

12 Annexure

12.1 Report Scope

12.2 Market Definition

12.3 Research Methodology

12.3.1 Data Collation & In-house Estimation

12.3.2 Market Triangulation

12.3.3 Forecasting

12.4 Study Declarations

12.5 Report Assumptions

12.6 Stakeholders

12.7 Abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/psydga

View source version on businesswire.com:https://www.businesswire.com/news/home/20191011005177/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 10/11/2019 05:27 AM/DISC: 10/11/2019 05:27 AM

http://www.businesswire.com/news/home/20191011005177/en