Trade Management Software Market Top Players Financial Performance and Strategic Initiatives

Felton, Calif., USA, Mar. 05, 2021 — /EPR Network/ —

The global Trade Management Software Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The Trade Management Software Market was appreciated by US$ 683.1 million in 2016. The trade management software industry on the source of Type of End Use could span Transportation & logistics, Manufacturing, Government, Retail, Healthcare, Energy. The subdivision of transportation and logistics had recorded the maximum implementation of trade management software in 2016.

Key Players:

  • Amber Road, Inc.
  • Aptean
  • Integration Point, Inc.
  • Livingston International, Inc.
  • MIC customs solutions
  • MIQ Logistics, LLC
  • Precision Software
  • Oracle Corporation
  • QuestaWeb
  • The Descartes Systems Group, Inc

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Growth Drivers:

The development of the subdivision may be credited to increasing necessity for end-to-end discernibility into in-transportation consignments together with preserving a particular basis of record. The division is estimated to uphold its lead during the course of the prediction. The global Trade Management Software Market is estimated to develop ata CAGR of 8.9% for the duration of the prediction period.

The subdivision of manufacturing, carefully tracks the subdivision of transportation and logistics. By means of income, subdivision of retail is expected to mark the maximum CAGR for the duration of the prediction. Fluctuating concentration from only income generation to automatic processes, online documents, pipeline discernibility, and fulfillment of the customer are powering the implementation of trade management software in the subdivision.

Component Outlook:

  • Software
    • Trade Visibility & Execution Solutions
    • Compliance Solutions
    • Trade Financial Management Solutions
  • Services
    • Consulting
    • Support and Maintenance

End-use Outlook:

  • Energy
  • Government
  • Healthcare
  • Manufacturing
  • Retail
  • Transportation & logistics

Regional Outlook:

By the source of geography, North America headed the market in 2016 and was expected to display the similar tendency above the prediction period. North America has appeared such as a business front-runner. North America was tracked by Asia Pacific. It was responsible for nearby 26.1% stake of the entire market income in 2016. Rapidly increasing line of work, mostly in India, Japan and China, together with growing acceptance of cloud centered expertise is giving a fabulous helping hand to the provincial market. Growing fears about automatic following of inventory, filing, and recording by means of threat calculation and safety plans are increasing the implementation of trade management software in the area.

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