Dublin, April 07, 2023 (GLOBE NEWSWIRE) -- The "Trade Management Market Research Report by Component (Services, Solutions), Organization Size (Large Enterprises, Small & Medium-Sized Enterprises), Deployment Mode, Functionality, Vertical - Global Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Trade Management Market size was estimated at USD 3,097.02 million in 2022, USD 3,455.09 million in 2023, and is projected to grow at a CAGR of 12.07% to reach USD 7,711.44 million by 2030.
Market Dynamics
Drivers
- Rising Rate of Import and Export Owing to Globalization
- Stringent Government Compliances for International Trade
- Extensive Applications of Trade Management Solutions Across Various End-User Industries
Restraints
- Slow Adoption Rates among Organizations and Lack of Capabilities to Manage Trade Management Systems
Opportunities
- Technological Advancements in Trade Services & Solutions
- Investments in Transportation & Logistics Infrastructure
Challenges
- Vulnerability to Economic and Political Instability
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.
Market Segmentation & Coverage:
The report on the Global Trade Management Market identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. The market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for the market plan. This research report categorizes the Global Trade Management Market in order to forecast the revenues and analyze the trends in each of the following sub-markets:
- Based on Component, the market is studied across Services and Solutions.
- Based on Organization Size, the market is studied across Large Enterprises and Small & Medium-Sized Enterprises.
- Based on Deployment Mode, the market is studied across Cloud and On Premises.
- Based on Functionality, the market is studied across Trade Compliance, Trade Consulting, Trade Finance, and Trade Function.
- Based on Vertical, the market is studied across Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Manufacturing, Retail & Consumer Goods, and Transportation & Logistics.
- Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes vendors in the Global Trade Management Market. based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinder, N: Niche, and V: Vital). The Global Trade Management Market FPNV Positioning Matrix representation/visualization further aids businesses in better decision-making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market, providing the idea of revenue generation into the overall market compared to other vendors in the space. This provides insights on vendors performance in terms of revenue generation and customer base compared to others. The Global Trade Management Market Share Analysis offers an idea of the size and competitiveness of the vendors for the base year. The outcome reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various strategies for business growth adopted by the vendors. The news in this section covers valuable insights at various stages while keeping up with the business and engaging stakeholders in the economic debate. The Global Trade Management Market Competitive Scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected helps vendors understand the gaps in the marketplace and competitor's strengths and weaknesses, providing insights to enhance products and services.
The report answers questions such as:
1. What is the market size and forecast of the Global Trade Management Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Trade Management Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Trade Management Market?
4. What is the competitive strategic window for opportunities in the Global Trade Management Market?
5. What are the technology trends and regulatory frameworks in the Global Trade Management Market?
6. What is the market share of the leading vendors in the Global Trade Management Market?
7. What modes and strategic moves are considered suitable for entering the Global Trade Management Market?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 254 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $3097.02 Million |
| Forecasted Market Value (USD) by 2030 | $7711.44 Million |
| Compound Annual Growth Rate | 12.0% |
| Regions Covered | Global |
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Trade Management Market, by Component
7. Trade Management Market, by Organization Size
8. Trade Management Market, by Deployment Mode
9. Trade Management Market, by Functionality
10. Trade Management Market, by Vertical
11. Americas Trade Management Market
12. Asia-Pacific Trade Management Market
13. Europe, Middle East & Africa Trade Management Market
14. Competitive Landscape
15. Company Usability Profiles
16. Appendix
Companies Mentioned
- 3rdwave
- 4PL Consultancy Ltd.
- AEB SE
- Bamboo Rose LLC
- BDP International, Inc.
- Bolero International Limited
- Centrade, Inc.
- E2open Parent Holdings, Inc.
- Expeditors International of Washington, Inc.
- Global Customs Compliance
- Infor
- LexisNexis Risk Solutions Group
- Livingston International Inc.
- MIC Datenverarbeitung GmbH
- Neurored S.A.
- Noatum Logistics
- OCR Services, Inc.
- Oracle Corporation
- SAP SE
- Shipsy.io
- The Descartes Systems Group Inc.
- Thomson Reuters Corporation
- Vigilant GTS LLC
- Visionet Systems, Inc.
- Webb Fontaine Group
- Wise Tech Global
For more information about this report visit https://www.researchandmarkets.com/r/3rlr42
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