Worldwide Trade Management Software Industry to 2026 - Efficient Handling of Global Trade is Driving Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Trade Management Software Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The trade management software market is expected to register a CAGR of 9.5% in the forecast period (2021 - 2026).

Companies Mentioned

• Oracle Corporation
• Expeditors International of Washington, Inc.
• Amber Road, Inc. (E2open)
• SAP SE
• Livingston International
• Thomson Reuters Corporation
• Bloomberg Finance L.P.
• Cognizant
• QAD Inc.
• United Parcel Service of America, Inc.
• Bamboo Rose LLC
• OCR Services, Inc.

Key Market Trends

Transportation and Logistics Segment Expected to Have the Highest Application

• With the increasing volume of international trade, the need for optimizing global logistics and shipment monitoring is also increasing. Trade management software has features that help traders and companies reduce supply chain and compliance risk. It connects importers and exporters with their overseas suppliers, logistics providers, brokers, and carriers.
• The software also allows companies to maintain visibility and monitor cross-border transactions. By automated coordinating of cross-border transactions, the software reduces the risk and helps efficient control and management of imports-exports and regulatory and legal policies.
• Further, the massive growth in global traffic owing to the increasing globalization, the development of new trade routes will help meet the increased freight transport demand growth in the decades ahead. The new shipping, barge and rail routes will help achieve such demand growth, transforming trade flows and logistics strategies in the process. The trade management software allows organizations to optimize the use of new trade routes.
• Also, with the integration of technologies like AI, ML, IoT, etc. are giving way to connected logistics and hence these improvements are expected to further increase the need for trade management software.

Asia-Pacific Expected to Register Highest Growth Rate

• The Asia-Pacific region is expected to demonstrate the highest growth rate in the forecast period, because of various developments in the emerging economies like India and China. According to a recent UN conference on trade and development, Asia is the world's top recipient of FDI.
• Also, the various reforms and amendments made by the Government of India towards FDI policy to increase the FDI inflow are also expected to boost the international trade relations of the country. These reforms are expected to increase the demand for trade management software in the region.
• However, protectionism is on the rise owing to the trade tensions between China and the US, which is expected to slow down trade growth. Hence, these policies are expected to subsequently hinder the market growth in the region.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Introduction to Market Drivers and Restraints

4.3 Market Drivers

4.3.1 Efficient Handling of Global Trade

4.3.2 Increasing Government Regulations in International Trade

4.4 Market Restraints

4.4.1 Slow Adoption Rates Among Organizations

4.5 Industry Value Chain Analysis

4.6 Industry Attractiveness - Porter's Five Force Analysis

5 MARKET SEGMENTATION

5.1 By Component

5.1.1 By Solution

5.1.1.1 Trade Functions

5.1.1.2 Vendor Management

5.1.1.3 Import/Export Management

5.1.1.4 Invoice Management

5.1.2 By Service

5.1.2.1 Consulting

5.1.2.2 Implementation

5.2 By Deployment

5.2.1 On-Cloud

5.2.2 On-Premise

5.3 By Organization Size

5.3.1 Small and Medium Enterprises

5.3.2 Large Enterprises

5.4 By End-user Industry

5.4.1 Defense

5.4.2 Pharmaceuticals

5.4.3 Energy

5.4.4 Transportation and Logistics

5.4.5 Consumer Goods

5.5 Geography

5.5.1 North America

5.5.2 Europe

5.5.3 Asia-Pacific

5.5.4 Latin America

5.5.5 Middle East & Africa

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/cn7kzm