The global trade management market size reached USD 1,022.6 million in 2021 and is expected to register a revenue CAGR of 10.4% during the forecast period, according to latest analysis by Emergen Research. Robust market revenue growth can be attributed to rising demand for automation in management of trade processes in order to reduce operational costs of an organization, which has led to development of various trade management software.
Trade management software is capable of addressing complexities, thereby providing robust and scalable platforms such as pay-as-you-go models, owing to which, adoption of such management solutions has been increasing across various end-use industries. On 18 May 2022 for instance, DiMuto launched new trade management software 'DiMuto Farm Management', which aids small farm holders to digitize their operations, and achieve desired changes in their supply chain. This management software also connects operations such as growing, harvesting, selling, payment, and other services for better visibility of supply chain of farms.
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The global Trade Management Market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Trade Management Market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Trade Management Market.
Key players involved in the market such as Oracle, Thomson Reuters, Aptean, SAP, e2open, LLC, Precision, Bamboo Rose LLC, OCR Services, Inc, Vigilant GTS LLC, 4PL Consultancy Ltd, MIC, and AEB.
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Emergen Research has segmented the global trade management market based on component type, deployment type, functionality, enterprise size, end-use, and region:
Component Type Outlook (Revenue, USD Billion; 2019-2030)
Solution
Service
Deployment Type Outlook (Revenue, USD Billion; 2019-2030)
On-premise
On-cloud
Functionality Outlook (Revenue, USD Billion; 2019-2030)
Financial Control Management
Contract Management
Operational Risk Management
Audit Management
Compliance Management
Others
Enterprise Size Outlook (Revenue, USD Billion; 2019-2030)
Small and Medium-Sized Enterprises (SMEs)
Large Enterprises
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Retail Consumer Goods
Transportation Logistics
Aerospace Defense
Healthcare
Manufacturing
Others
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Valuable Market Insights:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Trade Management market.
The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Regional Outlook of Trade Management Market:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East Africa
Saudi Arabia
UAE
South Africa
Rest of MEA
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