Trade Management Software Market Size, Share, Trends, Growth and Forecast 2027

The Trade Management Software report highlights set of information related to pricing and the category of customers who are more than willing to pay for certain products and services. The information on opportunities as well as product features, determine which offerings or benefits command sale and identify the communications channels used by the market leaders to create premium positioning strategies as well as attract broadest share.

According to Market Research Future (MRFR), the global trade management software market size is projected to reach USD 1352.9 million, with a CAGR of 11.5% from 2016 to 2023 (forecast period). The study provides a systematic and comprehensive review of the COVID-19 pandemic effect on the global trade management software market.

Market Segmentation

The global trade management software market has been segmented into component, deployment, organization size, and vertical.

By component, the global trade management software market has been segmented into solutions and services. The solution is further segmented into trade function, import/export management, supply chain visibility, vendor management, trade compliance, duty management, invoice management, and others. The services are further segmented into consulting, implementation, and support maintenance.

By deployment, the global trade management software market has been segmented into cloud and on-premises.

By organization size, the global trade management software market has been segmented into large enterprise and small and medium enterprises.

By vertical, the global trade management software market has been segmented into transportation and logistics, government and public, healthcare and life sciences, energy utilities, aerospace and defense, manufacturing, consumer goods and retail, and other

Which Top Market Participants are Consider for the highest Trade Management Software market share?

Some of the key players of global trade management software market includes Amber Road Inc, Aptean Inc, Integration Point Inc, Livingston International Inc, MIC Customs Solutions, MIQ Logistics, Oracle Corporation, Precision Software, QuestaWeb Inc, SAP SE

Due to a rise in phishing activities, COVID-19 has substantially increased the adoption of cloud infrastructure and services. In addition, COVID-19 has significantly increased the security budget, which has resulted in a large increase in cloud infrastructure and services. According to the findings of a study conducted by Microsoft and published in August 2020, 36% of the total 800 respondents said that the budget for cybersecurity had risen as a consequence of the pandemic outbreak. Additionally, 42 percent of those who answered the survey said that the company altered its personnel by adding more security experts.