Multichannel Order Management Market Report: Trends, Forecast and Competitive Analysis to 2030

Multichannel Order Management Market Report: Trends, Forecast and Competitive Analysis to 2030

Multichannel Order Management Trends and Forecast

The future of the global multichannel order management market looks promising with opportunities in the retail, eCommerce, and wholesale, manufacturing, and transportation & logistics markets. The global multichannel order management market is expected to reach an estimated $5.3 billion by 2030 with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are expansion in multichannel selling, significantly growing retail and ecommerce sectors, and rising penetration of smart phones across the globe.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Multichannel Order Management by Segment

The study includes a forecast for the global multichannel order management by component, application, organization size, end use, and region.

Multichannel Order Management Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Software
• Services

Multichannel Order Management Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Order Fulfillment
• Inventory Management
• Channel Integration
• Workflow Automation
• Integrated POS

Multichannel Order Management Market by Organization Size [Shipment Analysis by Value from 2018 to 2030]:

• Large Enterprises
• SMEs

Multichannel Order Management Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Retail, eCommerce, and Wholesale
• Manufacturing
• Transportation & Logistics

Multichannel Order Management Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Multichannel Order Management Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies multichannel order management companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the multichannel order management companies profiled in this report include-

• IBM
• Oracle
• SAP
• Salesforce
• HCL Technologies
• Zoho
• Brightpearl

Multichannel Order Management Market Insights

Lucintel forecasts that order fulfillment is expected to witness the highest growth over the forecast period as it helps in automating the labor-intensive procedures of order selection, order processing, and shipment.

Within this market, retail, eCommerce, and wholesale will remain the largest segment due to growing utilization of machine learning (ML), the internet of things (IoT), and cognitive computing.

North America will remain the largest region over the forecast period due to technological advancements and presence of major players in the region.

Features of the Global Multichannel Order Management Market

Market Size Estimates: Multichannel order management market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Multichannel order management market size by various segments, such as by component, application, organization size, end use, and region in terms of value ($B).

Regional Analysis: Multichannel order management market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different components, applications, organization sizes, end uses, and regions for the multichannel order management market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the multichannel order management market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the multichannel order management market size?

Answer: The global multichannel order management market is expected to reach an estimated $5.3 billion by 2030.

Q2. What is the growth forecast for multichannel order management market?

Answer: The global multichannel order management market is expected to grow with a CAGR of 9.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the multichannel order management market?

Answer: The major drivers for this market are expansion in multichannel selling, significantly growing retail and ecommerce sectors, and rising penetration of smart phones across the globe.

Q4. What are the major segments for multichannel order management market?

Answer: The future of the multichannel order management market looks promising with opportunities in the retail, eCommerce, and wholesale, manufacturing, and transportation & logistics markets.

Q5. Who are the key multichannel order management market companies?

Answer: Some of the key multichannel order management companies are as follows:

• IBM
• Oracle
• SAP
• Salesforce
• HCL Technologies
• Zoho
• Brightpearl

Q6. Which multichannel order management market segment will be the largest in future?

Answer:Lucintel forecasts that order fulfillment is expected to witness the highest growth over the forecast period as it helps in automating the labor-intensive procedures of order selection, order processing, and shipment.

Q7. In multichannel order management market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to technological advancements and presence of major players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the multichannel order management market by component (software and services), application (order fulfillment, inventory management, channel integration, workflow automation, and integrated POS), organization size (large enterprises and SMEs), end use (retail, eCommerce, and wholesale, manufacturing, and transportation & logistics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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