DUBLIN--(BUSINESS WIRE)--The "Multichannel Order Management Market by Solution (Software & Services), Deployment Type (Cloud & On-Premises), Organization Size, Industry Vertical (Retail, Ecommerce, and Wholesale, Manufacturing, & Healthcare), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global multichannel order management market size is expected to grow from USD 1.46 billion in 2018 to USD 2.44 billion by 2023, at a CAGR of 10.8% during the forecast period.
Digital transformation, proliferation of smartphone and internet users, and multiple sale channels are some of the factors expected to drive the multichannel order management market. However, security and privacy concerns may act as the restraining factor for the growth of the multichannel order management market.
The cloud deployment type is expected to have the largest share of the multichannel order management market during forecast period. Cloud-based solutions have witnessed a greater demand because of their wide range of functionalities, such as pay-per-use model, flexibility, ease in accessibility, faster setup time, multiuser support, and low installation and maintenance costs.
Among all verticals, the retail, eCommerce, and wholesale industry vertical is expected to hold the largest market share during forecast period. The rise in multiple sales channels among retail, eCommerce, and wholesale companies has made it necessary to have a greater visibility across the entire order process life cycle.
In terms of growth rate, APAC is expected to grow at the highest growth rate. The APAC region is expected to register continuous growth during the forecast period mainly due to advancements in various industry verticals, namely, retail and eCommerce, healthcare, manufacturing, and food & beverage.
- Cloud Commerce Pro
- Etail Solutions
- Freestyle Solutions
- Stitch Labs
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Multichannel Order Management Market, By Solution
7 Market By Deployment Type
8 Multichannel Order Management Market, By Organization Size
9 Market By Industry Vertical
10 Multichannel Order Management Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/rj3xcw/global?w=4