DUBLIN--(BUSINESS WIRE)--The "Europe Trade Management Software Market to 2027 - Regional Analysis and Forecasts By Component; by Deployment; by Organization Size; by End-User" report has been added to ResearchAndMarkets.com's offering.
Europe trade management software market in is expected to grow from US$ 194.9 Mn in 2018 to US$ 430.7 Mn by the year 2027. This represents a CAGR of 9.3% from the year 2018 to 2027.
When compared to domestic distribution management, global trade management is much complicated in terms of currencies, regulations, multiple languages, time zone, and mode of transport.
Moreover, the involvement of the huge number of parties in a single international shipment makes it even more complicated. The government regulations related to international trade is highly complex and ever-changing. Organizations have to review and act on the high volume of regulatory information, which is often published on paper in varying formats.
With the increasing trade complexities and business need, supply chain leaders are identifying the emerging technologies which are relevant to the trade operations. Vendors are integrating advanced technologies with trade management software. The emerging technological trend that is most relevant to trade management is blockchain, artificial intelligence (AI), internet of things (IoT), advanced analytics, conversational systems, robotic process automation (RPA), and others.
Since last few years, there has been a steady increase in trade management practitioners exploring the potential of IoT. In global trade management software, IoT means a network of physical objects that contains embedded technology to communicate with the internal and external environment. These new technology trends are expected to have a significant positive impact on the growth of the trade management software market.
The Europe trade management software market is fragmented with the presence of several industries, and the competitive dynamics in the market is expected to change during the upcoming years. Trade management software market is a highly competitive market with the presence of some major market players as well as tire two companies.
The Europe trade management software market by enterprise size is segmented into small enterprise, medium enterprise, and large enterprise. Small enterprises hold a significant share of trade management software market. Small enterprises are a remarkable factor for every country's economic growth and the generation of maximum share of employment.
However, the internationalization process supports better production and distribution technologies, which help improve competitiveness and profitability for these enterprises. Generally, small enterprises allocate a large portion of their resources to handle core business activities, mainly to minimize production and other related costs.
Supply chain management is one of the key element for several companies which is accessible to every enterprise. It is significant for small enterprises in order to successfully compete in the global market. Trade management software enables SMEs to enhance their performance of logistics operation by adopting suitable supply chain management strategies.
Key Topics Covered:
1.1 Scope of The Study
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
4. Trade Management Software Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
5. Trade Management Software Market - Key Industry Dynamics
5.1.1 Growing trade management complexities supporting the increasing demand for trade management software
5.1.2 Increasing focus towards cost-reduction and real-time visibility are the driving the growth of trade management software market
5.2.1 Evolving rules and regulations lead to unexpected expense and impact the business
5.3.1 Growing popularity of SaaS deployment is expected to create opportunity for Global Trade Management (GTM) vendors
5.4 Future Trends:
5.4.1 Integration of emerging technologies with a trade management software
5.5 Impact Analysis of Drivers and Restraint
6. Europe Trade Management Software-Market Analysis
6.1 Trade Management Software Market Overview
6.2 Europe Trade Management Software Market Forecast and Analysis
7. Trade Management Software Market Revenue and Forecasts to 2027 -Component
7.2 Component Market Forecasts and Analysis
8. Trade Management Software Market Revenue and Forecasts to 2027 - By Deployment
8.2 Deployment Market Forecasts and Analysis
9. Trade Management Software Market Revenue and Forecasts to 2027 -Organization Size
9.2 Organization Size Market Forecasts and Analysis
9.3 Small Enterprise
9.3.2 Small Enterprises Market Forecasts and Analysis
9.4 Medium Enterprise
9.5 Large Enterprise
10. Trade Management Software Market Revenue and Forecasts to 2027 -End-user
10.2 End-User Market Forecasts and Analysis
10.3 Retail & Consumer Goods
10.5 Logistics & Transport
10.6 Healthcare & Pharma
10.7 Government, Aerospace & Defense
10.8 Chemicals & Minerals
11. Trade Management Software Market - Country Analysis
12. Industry Landscape
12.1 Mergers and Acquisitions
12.2 Agreements, Collaborations and Joint Ventures
12.3 New Product Launches
12.4 Expansions and Other Strategic Developments
13. Company Profiles
- Amber Road, Inc.
- Bamboo Rose LLC
- Expeditors International of Washington, Inc.
- Integration Point LLC
- Livingston International
- Oracle Corp
- QAD, Inc.
- SAP SE
For more information about this report visit https://www.researchandmarkets.com/r/mqvzxh