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Global Trade Management Software Market 2017-2021 | Cloud-based Segment Dominates the Market | Technavio

September 14, 2018

LONDON--(BUSINESS WIRE)--Sep 14, 2018--According to the latest market research report released by Technavio, the global trade management software market is expected to accelerate at a CAGR of over 11% during the forecast period. The need for an efficient supply chain is one of the key factors triggering the growth of the market.

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According to the latest market research report released by Technavio, the global trade management software market is expected to accelerate at a CAGR of over 11% until 2021. (Graphic: Business Wire)

This research report titled ′ ′ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The market research analysis categorizes the global trade management software market into the following by deployment:

On-premises Cloud-based

In 2016, the cloud-based segment accounted for 60% of the global market and is projected to reach 65% by 2021, exhibiting almost 5% increase in market share.

Global trade management software market: Top emerging trend

The use of business intelligence and analytics in GTM is an emerging trend in the enterprise application space. The integration of business intelligence and analytics with GTM software is becoming a major trend in the trade management landscape. Business intelligence (BI), when integrated with GTM software, provides valuable real-time insights into the trading partner performance and internal operations and helps to make better supply chain decisions. It also helps to identify trends and patterns and provides sufficient information on performance improvement. It further tracks the service provided by the company’s trading partners and benchmarks their performance with the global shipping community. The integration of GTM with analytics helps the companies to understand rules related to documents and global or domestic compliance to conduct domestic as well as international trade.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Trade Management Software Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by deployment (on-premises and cloud-based)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Amber Road, Aptean, Descartes, Infor, Integration Point, Oracle, QAD, SAP, QuestaWeb, and Visual Compliance)

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180914005578/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY INTERNET SOFTWARE TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 09/14/2018 04:58 PM/DISC: 09/14/2018 04:58 PM

http://www.businesswire.com/news/home/20180914005578/en

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