Trade Management Software Market

Trade Management Software Market



Growth Factors of Trade Management Software Market

The global trade management software market size was valued at USD 1.29 billion in 2023 and is projected to grow from USD 1.41 billion in 2024 to USD 3.16 billion by 2032, exhibiting a CAGR of 10.7% during the forecast period of 2024-2032.

The COVID-19 pandemic notably impacted the Trade Management Software Market by using demand for virtual answers to enhance supply chain efficiency and visibility. Disruptions in worldwide exchange and the shift to remote paintings multiplied the adoption of cloud-based gear. This prompted groups to put money into an era for better resilience and compliance in trade operations, impeding the trade management software market growth.

The Trade Management Software Market is pushed by the rising complexity of world alternate guidelines, the need for more suitable delivery chain visibility, and the call for procedure automation. Companies prioritize compliance and hazard control, leading to improved investments in those software answers to reduce charges and enhance operational efficiency.

Cloud-based trade control software gives scalability and versatility, allowing organizations to adapt to changing desires and grow without needing significant advance investments, expanding the trade management software market share globally. Additionally, these solutions offer faraway admission to exchange data and equipment, enabling groups to function successfully from anywhere in the world. This accessibility and versatility make cloud-primarily-based trade control software a treasured tool for companies of all sizes.

Comprehensive Analysis of Trade Management Software Market

The Trade Management Software Market is segmented through characteristics, deployment, employer kind, and industry. It comprises alternate compliance, customs management, finance management, and trade analytics, driven by complex worldwide supply chains and changing policies. Cloud-primarily based answers are expected to dominate due to their flexibility and price effectiveness. Large firms will keep a giant marketplace percentage, even as small and medium firms (SMEs) are projected to develop unexpectedly, specializing in low-priced cloud options. The healthcare and lifestyles sciences region is poised for significant growth because of increased global change and a growing call for manufacturing and customer items industries.

The North America region led the trade management software market by benefitting a size of USD 0.50 million in 2023 due to increasing trade activities and a good sized quantity of exports and imports in the U.S.

The leading gamers in the trade control software market significantly shape its increase trajectory and set up enterprise standards. Key players, together with Oracle Corporation (U.S.), SAP SE (Germany), Thomson Reuters (U.S.), QAD Inc. (U.S.), MIC (Austria), E2open Parent Holdings, Inc. (U.S.), Bamboo Rose LLC (U.S.), Livingston International (U.S.), Expeditors International of Washington, Inc. (U.S.), and The Descartes Systems Group Inc. (Canada), contribute to an aggressive panorama that drives innovation and advancements in the market.

In February 20234, An important element of Oracle's Cloud Supply Chain and Manufacturing (SCM) suite, the Oracle global trade control and transportation management programs, were improved with new capabilities. These updates include improved enterprise intelligence capabilities and superior modeling for logistics networks.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 10.7% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Function
  • Trade Compliance
  • Custom Management
  • Finance Management
  • Trade Analytics
  • Others
By Enterprise Type
  • SMEs
  • Large Enterprises
By Deployment
  • Cloud
  • On-premise
By Industry
  • Automotive
  • Healthcare & Life Sciences
  • Manufacturing
  • Transportation & Logistics
  • IT & Telecom
  • Retail & Consumer Goods and Products
  • Others
By Region
  • North America (By Function, By Enterprise Type, By Deployment, By Industry, and By Country)
  • U.S. (By Industry)
  • Canada (By Industry)
  • Mexico (By Industry)
  • Europe (By Function, By Enterprise Type, By Deployment, By Industry, and By Country)
  • U.K. (By Industry)
  • Germany (By Industry)
  • France (By Industry)
  • Italy (By Industry)
  • Spain (By Industry)
  • Russia (By Industry)
  • Benelux (By Industry)
  • Nordics (By Industry)
  • Rest of Europe
  • Asia Pacific (By Function, By Enterprise Type, By Deployment, By Industry, and By Country)
  • China (By Industry)
  • India (By Industry)
  • Japan (By Industry)
  • South Korea (By Industry)
  • ASEAN (By Industry)
  • Oceania (By Industry)
  • Rest of Asia Pacific
  • Middle East & Africa (By Function, By Enterprise Type, By Deployment, By Industry, and By Country)
  • Turkey (By Industry)
  • Israel (By Industry)
  • GCC (By Industry)
  • South Africa (By Industry)
  • North Africa (By Industry)
  • Rest of Middle East & Africa
  • South America (By Function, By Enterprise Type, By Deployment, By Industry, and By Country)
  • Brazil (By Industry)
  • Argentina (By Industry)
  • Rest of South America


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1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Trade Management Software Key Players Market Share/Ranking, 2023
5. Global Trade Management Software Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Function (USD)
5.2.1. Trade Compliance
5.2.2. Custom management
5.2.3. Finance Management
5.2.4. Trade Analytics
5.2.5. Others
5.3. By Enterprise Type (USD)
5.3.1. SMEs
5.3.2. Large Enterprises
5.4. By Deployment (USD)
5.4.1. Cloud
5.4.2. On-premise
5.5. By Industry (USD)
5.5.1. Automotive
5.5.2. Healthcare & Life Sciences
5.5.3. Manufacturing
5.5.4. Transportation & Logistics
5.5.5. IT & Telecom
5.5.6. Retail & Consumer Goods and Products
5.5.7. Others (Energy & Utilities, etc.)
5.6. By Region (USD)
5.6.1. North America
5.6.2. Europe
5.6.3. Asia Pacific
5.6.4. Middle East & Africa
5.6.5. South America
6. North America Trade Management Software Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Function (USD)
6.2.1. Trade Compliance
6.2.2. Custom management
6.2.3. Finance Management
6.2.4. Trade Analytics
6.2.5. Others
6.3. By Enterprise Type (USD)
6.3.1. SMEs
6.3.2. Large Enterprises
6.4. By Deployment (USD)
6.4.1. Cloud
6.4.2. On-premise
6.5. By Industry (USD)
6.5.1. Automotive
6.5.2. Healthcare & Life Sciences
6.5.3. Manufacturing
6.5.4. Transportation & Logistics
6.5.5. IT & Telecom
6.5.6. Retail & Consumer Goods and Products
6.5.7. Others (Energy & Utilities, etc.)
6.6. By Country (USD)
6.6.1. United States
6.6.1.1. By Industry
6.6.2. Canada
6.6.2.1. By Industry
6.6.3. Mexico
6.6.3.1. By Industry
7. Europe Trade Management Software Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Function (USD)
7.2.1. Trade Compliance
7.2.2. Custom management
7.2.3. Finance Management
7.2.4. Trade Analytics
7.2.5. Others
7.3. By Enterprise Type (USD)
7.3.1. SMEs
7.3.2. Large Enterprises
7.4. By Deployment (USD)
7.4.1. Cloud
7.4.2. On-premise
7.5. By Industry (USD)
7.5.1. Automotive
7.5.2. Healthcare & Life Sciences
7.5.3. Manufacturing
7.5.4. Transportation & Logistics
7.5.5. IT & Telecom
7.5.6. Retail & Consumer Goods and Products
7.5.7. Others (Energy & Utilities, etc.)
7.6. By Country (USD)
7.6.1. United Kingdom
7.6.1.1. By Industry
7.6.2. Germany
7.6.2.1. By Industry
7.6.3. France
7.6.3.1. By Industry
7.6.4. Italy
7.6.4.1. By Industry
7.6.5. Spain
7.6.5.1. By Industry
7.6.6. Russia
7.6.6.1. By Industry
7.6.7. Benelux
7.6.7.1. By Industry
7.6.8. Nordics
7.6.8.1. By Industry
7.6.9. Rest of Europe
8. Asia Pacific Trade Management Software Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Function (USD)
8.2.1. Trade Compliance
8.2.2. Custom management
8.2.3. Finance Management
8.2.4. Trade Analytics
8.2.5. Others
8.3. By Enterprise Type (USD)
8.3.1. SMEs
8.3.2. Large Enterprises
8.4. By Deployment (USD)
8.4.1. Cloud
8.4.2. On-premise
8.5. By Industry (USD)
8.5.1. Automotive
8.5.2. Healthcare & Life Sciences
8.5.3. Manufacturing
8.5.4. Transportation & Logistics
8.5.5. IT & Telecom
8.5.6. Retail & Consumer Goods and Products
8.5.7. Others (Energy & Utilities, etc.)
8.6. By Country (USD)
8.6.1. China
8.6.1.1. By Industry
8.6.2. India
8.6.2.1. By Industry
8.6.3. Japan
8.6.3.1. By Industry
8.6.4. South Korea
8.6.4.1. By Industry
8.6.5. ASEAN
8.6.5.1. By Industry
8.6.6. Oceania
8.6.6.1. By Industry
8.6.7. Rest of Asia Pacific
9. Middle East & Africa Trade Management Software Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Function (USD)
9.2.1. Trade Compliance
9.2.2. Custom management
9.2.3. Finance Management
9.2.4. Trade Analytics
9.2.5. Others
9.3. By Enterprise Type (USD)
9.3.1. SMEs
9.3.2. Large Enterprises
9.4. By Deployment (USD)
9.4.1. Cloud
9.4.2. On-premise
9.5. By Industry (USD)
9.5.1. Automotive
9.5.2. Healthcare & Life Sciences
9.5.3. Manufacturing
9.5.4. Transportation & Logistics
9.5.5. IT & Telecom
9.5.6. Retail & Consumer Goods and Products
9.5.7. Others (Energy & Utilities, etc.)
9.6. By Country (USD)
9.6.1. Turkey
9.6.1.1. By Industry
9.6.2. Israel
9.6.2.1. By Industry
9.6.3. GCC
9.6.3.1. By Industry
9.6.4. North Africa
9.6.4.1. By Industry
9.6.5. South Africa
9.6.5.1. By Industry
9.6.6. Rest of MEA
10. South America Trade Management Software Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Function (USD)
10.2.1. Trade Compliance
10.2.2. Custom management
10.2.3. Finance Management
10.2.4. Trade Analytics
10.2.5. Others
10.3. By Enterprise Type (USD)
10.3.1. SMEs
10.3.2. Large Enterprises
10.4. By Deployment (USD)
10.4.1. Cloud
10.4.2. On-premise
10.5. By Industry (USD)
10.5.1. Automotive
10.5.2. Healthcare & Life Sciences
10.5.3. Manufacturing
10.5.4. Transportation & Logistics
10.5.5. IT & Telecom
10.5.6. Retail & Consumer Goods and Products
10.5.7. Others (Energy & Utilities, etc.)
10.6. By Country (USD)
10.6.1. Brazil
10.6.1.1. By Industry
10.6.2. Argentina
10.6.2.1. By Industry
10.6.3. Rest of South America
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. SAP SE
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Thomson Reuters
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Oracle Corporation
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Expeditors International of Washington, Inc.
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. The Descartes Systems Group Inc.
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. E2open Parent Holdings, Inc.
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. MIC
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. QAD, Inc.
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Bamboo Rose LLC
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. Livingston International
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments
12. Key Takeaways
13.

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