Market Overview:
The global trade management software market is expected to grow from USD 2.02 billion in 2018 to USD 3.73 billion by 2030, at a CAGR of 7.0% from 2018 to 2030. The growth of the global trade management software market can be attributed to the increasing demand for cloud-based trade management software and the need for efficient and effective trade processes across enterprises. The global trade management software market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into customs and regulatory compliance, trade financing and financial settlement, ocean/air procurement and contract management, and trade visibility. The customs and regulatory compliance segment is expected to hold a major share of the globaltrade management software market in 2018 owing tothe increasing numberof regulationsand compliances relatedto internationaltrade .
Product Definition:
Trade Management Software is a category of software used by financial institutions to manage their tradable securities. It allows for the placement, management and execution of orders as well as the tracking of positions and performance. The importance of this type of software lies in its ability to help financial institutions make better trading decisions, optimize their portfolios and protect themselves from risk.
Customs and Regulatory Compliance:
Customs and regulatory compliance is the set of rules, regulations and guidelines that a country follows to maintain fair trade practices. It includes laws, policies, procedures and directives issued by government agencies like the U.S. customs department or FEDERAL TRADE COMMISSION (FTC) in the U.S., which enforces rules regarding import & export shipments between countries according to their respective codes of law.
Trade Financing and Financial Settlement:
Trade financing and financial settlement are the two components of trade management software. Trade Financing allows exporters to prepare a budget for the cost of goods and services that will be exported, once it is approved by an export credit agency, then it can apply for funding from Export Development Bank of India (EDBI), which is a government body. Financial Settlement on the other hand refers to all those processes undertaken after receiving payment from buyer and before delivering goods or services.
Application Insights:
The global trade management software market is segmented by application into the electronic industry, the pharmaceutical industry, metallurgy industry, and other industries. The other application segment includes food & beverage processing and agriculture sector. In 2017, the food & beverage processing accounted for a significant share in terms of revenue as well as volume in North America and Europe regions. This trend is expected to continue over the forecast period with growing demand from emerging economies such as China India Brazil etc for processed food products which require tracking information regarding transportation containers along with their contents during transit across international borders.
The pharmaceutical industry also accounts for a significant share owing to stringent regulations adopted by regulatory authorities worldwide regarding drug safety coupled with effective supply chain management practices that enhance productivity has resulted in increased demand for efficient trade solutions especially related to ocean/air procurement and contract management within this sector over recent years globally.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The growth of the region can be attributed to a large number of trade compliance and visibility software implementation projects in U.S. Trade visibility software is used to track goods from origin to destination, which helps prevent frauds at different stages of supply chain management, thereby boosting market growth in North America.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing government initiatives towards digitization and automation across all major industries especially manufacturing sector with an aim toward reducing operational costs and enhancing productivity levels within organizations thus contributing significantly toward regional market development efforts over next eight years (2018-2030). In addition, growing awareness regarding benefits offered by global trade management systems such as real-time data access across multiple locations & departments along with easy accessibility via internet would further propel regional demand during same period.
Growth Factors:
- Increasing demand for global trade and the need for efficient trade management software to manage this growth.
- The increasing complexity of global supply chains and the need for more sophisticated software to manage these complexities.
- The ever-growing number of regulations governing international trade and the need for software that can help businesses stay compliant with these regulations.
- The increasing use of technology in international trade, including the use of mobile devices and cloud-based solutions, and the need for software that can keep up with these advances in technology.
- The globalization of business and the growing demand among businesses for cross-border trading capabilities
Scope Of The Report
Report Attributes
Report Details
Report Title
Trade Management Software Market Research Report
By Type
Customs and Regulatory Compliance, Trade Financing and Financial Settlement, Ocean/Air Procurement and Contract Management, Trade Visibility
By Application
Electronic Industry, Petrochemical Industry, Pharmaceutical Industry, Metallurgy Industry, Other
By Companies
Amber Road, PRECISION, Thomson Reuters, Integration Point, Aptean, Oracle, TechTarget, TradePerformance, MPSOFT, Dingjie, LZSOFT, Ruima, AUTOMIS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Trade Management Software Market Report Segments:
The global Trade Management Software market is segmented on the basis of:
Types
Customs and Regulatory Compliance, Trade Financing and Financial Settlement, Ocean/Air Procurement and Contract Management, Trade Visibility
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic Industry, Petrochemical Industry, Pharmaceutical Industry, Metallurgy Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amber Road
- PRECISION
- Thomson Reuters
- Integration Point
- Aptean
- Oracle
- TechTarget
- TradePerformance
- MPSOFT
- Dingjie
- LZSOFT
- Ruima
- AUTOMIS
Highlights of The Trade Management Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Customs and Regulatory Compliance
- Trade Financing and Financial Settlement
- Ocean/Air Procurement and Contract Management
- Trade Visibility
- By Application:
- Electronic Industry
- Petrochemical Industry
- Pharmaceutical Industry
- Metallurgy Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Trade Management Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Trade management software is a computer program that helps traders and manufacturers manage their trade transactions. It can help identify potential problems before they become serious, optimize shipping schedules, and keep track of inventory levels.
Some of the major companies in the trade management software market are Amber Road, PRECISION, Thomson Reuters, Integration Point, Aptean, Oracle, TechTarget, TradePerformance, MPSOFT, Dingjie, LZSOFT, Ruima, AUTOMIS.
The trade management software market is expected to register a CAGR of 7%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Trade Management Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Trade Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trade Management Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Trade Management Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Trade Management Software Market Size & Forecast, 2018-2028
4.5.1 Trade Management Software Market Size and Y-o-Y Growth
4.5.2 Trade Management Software Market Absolute $ Opportunity
Chapter 5 Global Trade Management Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Trade Management Software Market Size Forecast by Type
5.2.1 Customs and Regulatory Compliance
5.2.2 Trade Financing and Financial Settlement
5.2.3 Ocean/Air Procurement and Contract Management
5.2.4 Trade Visibility
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Trade Management Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Trade Management Software Market Size Forecast by Applications
6.2.1 Electronic Industry
6.2.2 Petrochemical Industry
6.2.3 Pharmaceutical Industry
6.2.4 Metallurgy Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trade Management Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Trade Management Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Trade Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Trade Management Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Trade Management Software Market Size Forecast by Type
9.6.1 Customs and Regulatory Compliance
9.6.2 Trade Financing and Financial Settlement
9.6.3 Ocean/Air Procurement and Contract Management
9.6.4 Trade Visibility
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Trade Management Software Market Size Forecast by Applications
9.10.1 Electronic Industry
9.10.2 Petrochemical Industry
9.10.3 Pharmaceutical Industry
9.10.4 Metallurgy Industry
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Trade Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Trade Management Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Trade Management Software Market Size Forecast by Type
10.6.1 Customs and Regulatory Compliance
10.6.2 Trade Financing and Financial Settlement
10.6.3 Ocean/Air Procurement and Contract Management
10.6.4 Trade Visibility
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Trade Management Software Market Size Forecast by Applications
10.10.1 Electronic Industry
10.10.2 Petrochemical Industry
10.10.3 Pharmaceutical Industry
10.10.4 Metallurgy Industry
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Trade Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Trade Management Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Trade Management Software Market Size Forecast by Type
11.6.1 Customs and Regulatory Compliance
11.6.2 Trade Financing and Financial Settlement
11.6.3 Ocean/Air Procurement and Contract Management
11.6.4 Trade Visibility
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Trade Management Software Market Size Forecast by Applications
11.10.1 Electronic Industry
11.10.2 Petrochemical Industry
11.10.3 Pharmaceutical Industry
11.10.4 Metallurgy Industry
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Trade Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Trade Management Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Trade Management Software Market Size Forecast by Type
12.6.1 Customs and Regulatory Compliance
12.6.2 Trade Financing and Financial Settlement
12.6.3 Ocean/Air Procurement and Contract Management
12.6.4 Trade Visibility
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Trade Management Software Market Size Forecast by Applications
12.10.1 Electronic Industry
12.10.2 Petrochemical Industry
12.10.3 Pharmaceutical Industry
12.10.4 Metallurgy Industry
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Trade Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Trade Management Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Trade Management Software Market Size Forecast by Type
13.6.1 Customs and Regulatory Compliance
13.6.2 Trade Financing and Financial Settlement
13.6.3 Ocean/Air Procurement and Contract Management
13.6.4 Trade Visibility
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Trade Management Software Market Size Forecast by Applications
13.10.1 Electronic Industry
13.10.2 Petrochemical Industry
13.10.3 Pharmaceutical Industry
13.10.4 Metallurgy Industry
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Trade Management Software Market: Competitive Dashboard
14.2 Global Trade Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amber Road
14.3.2 PRECISION
14.3.3 Thomson Reuters
14.3.4 Integration Point
14.3.5 Aptean
14.3.6 Oracle
14.3.7 TechTarget
14.3.8 TradePerformance
14.3.9 MPSOFT
14.3.10 Dingjie
14.3.11 LZSOFT
14.3.12 Ruima
14.3.13 AUTOMIS
