In a recently published report, Trade Management Software Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Trade Management Software Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Trade Management Software Market to reach USD 1504.42 million by 2025.Global Trade Management Software Market valued approximately USD 749.5 million in 2017 is anticipated to grow with a healthy growth rate of more than 9.10% over the forecast period 2018-2025. The major driving factor of global Trade Management Software market are increasing overall cost of global transportations and logistics and rise in fuel cost. In addition, need for efficient supply chain is also a major driving factor. The major restraining factor of global Trade Management Software market are data security & privacy concern and lack of technical experts. Trade management refers to everything a trader actively does after a trade is executed to maximize the potential profit and minimize the risk Whereas trade management software helps the trader to trade effectively and efficiently with maximize profit and minimal risk.
Trade management software helps in streamlined screening of exports by instantly clears sales order for shipment or flags it for compliance issues. Trade management software helps in elimination order processing delays due to export violation can be notified in a timely manner. It also provides efficiency in visibility into landed costs by smaller import duties on components. If organization faces reduction of inbound delays, it is forced to either carry excess inventory or incur more stock-outs. It also streamlining financial trade by ensuring that the set of documents is correct and complete every time.
The regional analysis of Global Trade Management Software Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America has accounted the leading market share of total generating revenue across the globe owing to presence of large numbers mature wells and large-scale development of unconventional energy resources in the region. Europe is also contributing major share in the global time-saving networking market. Asia-Pacific region is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to rising concern regarding automated inventory tracking and reporting the risk assessment and security programs.
The major market player included in this report are:
• SPA
• Amber Road
• PRECISION
• Thomson Reuters
• Integration Point
• Aptean
• Oracle
• Tech Target
• Trade Performance
• MPSOFT
• Dingjie
• LZSOFT
• Ruima
• AUTOMIS
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Cloud based
On-Premises
By Application:
Electronic Industry
Petrochemical Industry
Pharmaceutical Industry
Others
By Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Trade Management Software Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Trade Management Software Market, by Type, 2015-2025 (USD Billion)
1.3.2. Trade Management Software Market, by Application, 2015-2025 (USD Billion)
1.3.3. Trade Management Software Market, by Region, 2015-2025 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Trade Management Software Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Trade Management Software Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Trade Management Software Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Value Chain Analysis
4.3.1. Supplier
4.3.2. Manufacturers/Service Provider
4.3.3. Distributors
4.3.4. End-Users
4.4. Key Buying Criteria
4.5. Regulatory Framework
4.6. Cost Structure Analysis
4.6.1. Raw Material Cost Analysis
4.6.2. Manufacturing Cost Analysis
4.6.3. Labour Cost Analysis
4.7. Investment Vs Adoption Scenario
4.8. Analyst Recommendation & Conclusion
Chapter 5. Trade Management Software Market, by Type
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Key Market Players
5.4. Trade Management Software Market, Sub Segment Analysis
5.4.1. Cloud based
5.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.2. On-Premises
5.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
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