Multichannel Order Management Market By Component (Software, Services), By Organization Size (Large Enterprises, SMEs), By Deployment Mode (On-premises, Cloud Based), By Application (Order Fulfillment, Inventory Management, Channel Integration, Others), By End Use Vertical (Retail, Manufacturing, Transportation and Logistics, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The multichannel order management market was valued at $2,537.0 million in 2021 and is projected to reach $6,543.3 million by 2031, registering a CAGR of 10.1% from 2022 to 2031. The company's online and offline sales channels are all centralized by multichannel order management solutions. Regardless of the origin or kind of order, the program offers a single picture of all the orders. The program enables the sales staff to improve customer service by ensuring that all order statuses are correct and readily available.
Due to the increased need for multichannel sales as well as the development of cloud computing and machine learning technologies, the multichannel order management market is anticipated to expand significantly over the course of the projected period. The market has grown as a result of the boom in e-commerce and digital retail, as well. However, the main issue impeding market growth is a lack of technological know-how, data breaches, and leaks of sensitive information. Contrarily, throughout the projected period, the need for multichannel order management with complete inventory & order visibility is anticipated to drive market growth.
The global multichannel order management market research is segmented into components, organization size, deployment mode, application end-use vertical, and regions. Based on components, the market is bifurcated into software and services. By organization size, it is divided into large enterprises and small & medium-sized enterprises (SMEs). The deployment mode is segmented into on-premises and cloud-based. Based on application, the multichannel order management market is categorized into order fulfillment, inventory management, channel integration, and others. Based on the end-use vertical the market is segmented into retail, manufacturing, transportation & logistics, and others.
Region-wise, the advanced distribution management system market trends are analyzed across North America (U.S. and Canada), Europe (Germany, Italy, France, Spain, UK, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Key players operating in the market Brightpearl, Inc., Cloud Commerce Pro Ltd., Delhivery Pvt. Ltd., HCL Technologies Limited, IBM Corporation, Newfold Digital Inc., Oracle Corporation, Salesforce.com, Inc., SAP SE and Zoho Corporation.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the multichannel order management market analysis from 2021 to 2031 to identify the prevailing multichannel order management market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the multichannel order management market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global multichannel order management market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
Software
Services
By Organization Size
Large Enterprises
SMEs
By Deployment Mode
On-premises
Cloud Based
By Application
Order Fulfillment
Inventory Management
Channel Integration
Others
By End Use Vertical
Retail
Manufacturing
Transportation and Logistics
Others
By Region
North America
U.S.
Canada
Europe
Germany
Italy
France
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Brightpearl, Inc.
Salesforce, Inc.
Cloud Commerce Pro Ltd.
Delhivery Pvt. Ltd.
IBM Corporation
Oracle Corporation
zoho corporation
HCL Technologies Limited
SAP SE
Newfold Digital Inc.
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