The Trade Management Software Market size was valued at USD 1.32 Billion in 2023 and is expected to grow to USD 2.99 Billion by 2031 and grow at a CAGR of 10.8% over the forecast period of 2024-2031.
The ever-evolving landscape of international trade, with its intricate regulations, tariffs, and compliance requirements, is driving the demand for TMS solutions. For instance, after the UK's exit from the European Union in 2020, businesses faced new customs procedures and tariffs. Companies like Amber Road (now part of E2open) saw increased demand for their trade compliance solutions in the wake of Brexit. The digital transformation of supply chains and the increasing use of technologies like cloud computing, AI, and machine learning are further propelling the TMS market. In 2023, Oracle announced new AI and machine learning enhancements to its TMS, allowing for more accurate demand forecasting and inventory optimization.
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The COVID-19 pandemic in 2020 highlighted the need for resilient supply chains. Companies like Descartes Systems Group reported increased adoption of their TMS modules for risk management and scenario planning during this period. Government-led digitalization efforts are promoting TMS adoption. In Jan 2024, The Singapore-based global technology company, CrimsonLogic, known for its expertise in digital government and digital trade facilitation solutions, has recently announced a Memorandum of Understanding with the global technology giant, Mastercard. This partnership aims to streamline the digitalization of government payments and services, making them more efficient and accessible to the public.
Market Dynamics
Drivers
Increasing Complexity of Global Trade
Growing Adoption of Digital Technologies
The rising need for the automation of trade management procedures and the growing requirement to cut organizational costs.
Increasing demand for automated trade management systems
The increasing complexity of global trade and the ongoing shift towards digital business operations are driving demand for automated trade management systems (TMS). These solutions streamline operations, minimizing errors and ensuring compliance with ever-changing trade regulations and logistical challenges. The growth of e-commerce and cross-border transactions, coupled with recent supply chain disruptions, further emphasizes the need for agile and adaptable TMS platforms. By automating tasks, providing real-time visibility, and integrating with existing business systems, TMS software equips businesses to navigate the complexities of global trade and remain competitive in the market.
Restraint
High Implementation Costs in TMS Software
Legacy systems and resistance to change within organizations can slow down the adoption of new TMS technologies
Organizations have depended extensively on pre-existing systems like Enterprise Resource Planning (ERP), Supply Chain Management (SCM), and transport management systems to run their trade operations. Organizations use manual processes and current management systems to oversee their trade activities. These factors are acknowledged as the key barriers to the widespread adoption of TM. Low bandwidth and limited finances of businesses to develop and operate new technologies, like TM, are other obstacles inhibiting its adoption. The lack of technology access for supply chain executives is one of the key obstacles to digital supply chain investment. The use of the cloud is lagging behind in the manufacturing and 3PL/warehouse and distribution sectors.
Opportunities
The integration of blockchain, IoT, and AI/ML into TMS platforms offers significant opportunities for innovation and growth.
The rise of e-commerce is creating new demand for efficient cross-border trade management solutions.
In emerging economies, consistently increasing investments in logistics infrastructure development are creating opportunities for the market.
Challenges
The lack of standardization and interoperability between different TMS platforms and other enterprise systems can create integration challenges
Changes in the rules and regulations of international trade
Impact of Russia-Ukraine War:
The Russia-Ukraine war has triggered a significant upheaval in global trade dynamics, with far-reaching consequences for the trade management software market. The conflict has severely disrupted supply chains, particularly those involving Ukraine and Russia, key exporters of essential commodities. The maritime transport routes for Ukraine's exports have been severely hampered, leading to logistical bottlenecks and delays. Meanwhile, Russia faces substantial economic sanctions, affecting its participation in global markets. As per the World Trade Organization (WTO), the global economic outlook has worsened since the start of the war, with trade growth projected to fall from 4.7% to less than 3.4%.
These disruptions have underscored the critical need for robust trade management software solutions. Businesses now require tools to navigate complex trade restrictions, reroute shipments, and manage supply chain risks. The increased demand for trade compliance software is evident, as companies strive to adhere to the constantly evolving regulatory landscape and avoid penalties. Furthermore, the war has highlighted the importance of supply chain visibility and resilience, prompting businesses to seek out trade management software that can provide real-time insights into their operations and help them anticipate and mitigate disruptions.
Impact of Economic Downturn:
Economic downturns present a complex landscape for the trade management software market, characterized by both challenges and opportunities. Reduced trade volumes and financial constraints during recessions can hinder demand and investments in such software, as evidenced by the 9.2% decline in global merchandise trade volume in 2020 and the 1% decrease in 2023 despite economic growth. However, economic downturns also create opportunities, as businesses seek efficiency and cost reduction through technology adoption. The need for digital transformation and optimized supply chains further fuels the demand for trade management software, driving its growth despite initial setbacks.
Market segmentation
By Function
Finance Management
Trade Compliance
Custom Management
Trade Analytics
Others
By Function, trade Compliance held the highest revenue share of more than 35% in 2023. The increasing complexity and stringent enforcement of international trade regulations have made trade compliance a top priority for businesses engaged in cross-border transactions. This heightened focus on compliance has fueled the demand for robust trade compliance solutions within the Trade Management Software (TMS) market. TMS platforms with strong trade compliance features enable businesses to proactively identify and mitigate risks, protecting their bottom line and brand image. Governments and regulatory bodies are increasingly scrutinizing cross-border transactions, requiring businesses to provide detailed documentation and demonstrate compliance. Trade compliance software automates many of these processes, saving time and reducing errors.
A recent example of a company capitalizing on this trend is Kuebix (now part of Trimble). In 2023, they introduced a new suite of trade compliance features within their TMS platform, including enhanced denied party screening, export license management, and customs documentation generation. This move reflects the growing demand for comprehensive trade compliance solutions that can help businesses navigate the complexities of global trade.
By Deployment
On-premise
Cloud
The cloud segment dominated the deployment segment of the Trade Management Software Market with the highest revenue share of more than 60% in 2023 due to its scalability, cost-effectiveness, accessibility, and automatic updates. Cloud-based solutions eliminate the need for upfront infrastructure investment and offer flexible pay-as-you-go models, making them attractive to businesses of all sizes. The ability to access the platform from anywhere and collaborate in real time is crucial for global supply chains. Leading providers like E2open (formerly Amber Road) are expanding their cloud offerings with enhanced features, reflecting the growing demand for these solutions.
By Enterprise Type
Large Enterprises
SMEs
By Industry
Healthcare & Life Sciences
Manufacturing
Automotive
IT & Telecom
Retail & Consumer Goods and Products
Transportation & Logistics
Others
Regional Analysis
North America led the Trade Management Software Market with the highest revenue share of more than 35.6% in 2023. The region's high volume of cross-border trade creates a complex environment that demands efficient TMS solutions to comply with regulations and optimize operations. Additionally, the flourishing e-commerce sector in North America has intensified the need for TMS to streamline order processing, inventory management, and logistics, further propelling market growth. The increasing adoption of cloud-based TMS solutions in the region, offering scalability, cost-effectiveness, and ease of deployment, has also attracted a wide range of businesses. Finally, the stringent regulatory compliance requirements in North America necessitate the use of TMS to ensure adherence and avoid penalties, driving the demand for such solutions.
A major player in the North American Trade Management Software market with a recent product launch is E2open. In March 2022, they acquired Logistyx Technologies, an e-commerce shipping software company. This acquisition led to the launch of an enhanced global e-commerce shipping solution within their existing supply chain platform. The new offering provides businesses with improved capabilities for multi-carrier e-commerce shipment management, further strengthening E2open's position in the market.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Key Players:
The Major players in the Market are Thomson Reuters, E2open Parent Holdings, Inc., Amber Road, Inc., Livingston International, The Descartes Systems Group, Inc, Oracle Corporation, MIQ Logistics, LLC, SAP SE, Integration Point, Inc., Expeditors International of Washington, Inc., Bamboo Rose LLC, QAD Inc., and others in the final report.
E2open Parent Holdings Inc-Company Financial Analysis
Recent Development:
In April 2024, Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced its acquisition of Aerospace Software Developments (“ASD”), a leading provider of customs and regulatory compliance solutions.
In February 2024, Oracle introduced new logistics capabilities within Oracle Fusion Cloud Supply Chain and Manufacturing (SCM) to help organizations enhance the efficiency of their global supply chains.
In July 2020, QAD Precision, an industry-leading provider of global trade management and transportation execution software, announced the release of QAD Precision 18.1, the next-generation version of its global trade and shipping software. QAD Precision is a division of QAD Inc.
| Report Attributes | Details |
| Market Size in 2023 | US$ 1.32 Bn |
| Market Size by 2031 | US$ 2.99 Bn |
| CAGR | CAGR of 10.8% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Function (Finance Management, Trade Compliance, Custom Management, Trade Analytics, and Others) • By Deployment (On-premise and Cloud) • By Enterprise Type (Large Enterprises and SMEs) • By Industry (Healthcare & Life Sciences, Manufacturing, Automotive, IT & Telecom, Retail & Consumer Goods and Products, Transportation & Logistics, and Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Thomson Reuters, E2open Parent Holdings, Inc., Amber Road, Inc., Livingston International, The Descartes Systems Group, Inc., Oracle Corporation, MIQ Logistics, LLC, SAP SE, Integration Point, Inc., Expeditors International of Washington, Inc., Bamboo Rose LLC, QAD Inc. |
| Key Drivers | • Increasing Complexity of Global Trade • Growing Adoption of Digital Technologies • The rising need for the automation of trade management procedures and the growing requirement to cut organizational costs. • Increasing demand for automated trade management systems |
| Market Opportunities | • High Implementation Costs in TMS software • Legacy systems and resistance to change within organizations can slow down the adoption of new TMS technologies |
Ans: The Trade Management Software Market was valued at USD 1.32 billion in 2023.
Ans: The expected CAGR of the global Trade Management Software Market during the forecast period is 10.8%.
Ans: Retail & Consumer Goods and products dominated the Trade Management Software Market in 2023.
Ans: High implementation costs and the complexity of integrating TMS with existing systems are the primary factors hindering the growth of the Trade Management Software market.
Ans: The China led the Trade Management Software Market in Asia Pacific region with highest revenue share in 2023.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Trade Management Software Market Segmentation, By Function
9.1 Introduction
9.2 Trend Analysis
9.3 Finance Management
9.4 Trade Compliance
9.5 Custom Management
9.6 Trade Analytics
9.7 Others
10. Trade Management Software Market Segmentation, By Deployment
10.1 Introduction
10.2 Trend Analysis
10.3 On-premise
10.4 Cloud
11. Trade Management Software Market Segmentation, By Enterprise Type
11.1 Introduction
11.2 Trend Analysis
11.3 Large Enterprises
11.4 SMEs
12. Trade Management Software Market Segmentation, By Industry
12.1 Introduction
12.2 Trend Analysis
12.3 Healthcare & Life Sciences
12.4 Manufacturing
12.5 Automotive
12.6 IT & Telecom
12.7 Retail & Consumer Goods and Products
12.8 Transportation & Logistics
12.9 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 Trend Analysis
13.2.2 North America Trade Management Software Market by Country
13.2.3 North America Trade Management Software Market By Function
13.2.4 North America Trade Management Software Market By Deployment
13.2.5 North America Trade Management Software Market By Enterprise Type
13.2.6 North America Trade Management Software Market By Industry
13.2.7 USA
13.2.7.1 USA Trade Management Software Market By Function
13.2.7.2 USA Trade Management Software Market By Deployment
13.2.7.3 USA Trade Management Software Market By Enterprise Type
13.2.7.4 USA Trade Management Software Market By Industry
13.2.8 Canada
13.2.8.1 Canada Trade Management Software Market By Function
13.2.8.2 Canada Trade Management Software Market By Deployment
13.2.8.3 Canada Trade Management Software Market By Enterprise Type
13.2.8.4 Canada Trade Management Software Market By Industry
13.2.9 Mexico
13.2.9.1 Mexico Trade Management Software Market By Function
13.2.9.2 Mexico Trade Management Software Market By Deployment
13.2.9.3 Mexico Trade Management Software Market By Enterprise Type
13.2.9.4 Mexico Trade Management Software Market By Industry
13.3 Europe
13.3.1 Trend Analysis
13.3.2 Eastern Europe
13.3.2.1 Eastern Europe Trade Management Software Market by Country
13.3.2.2 Eastern Europe Trade Management Software Market By Function
13.3.2.3 Eastern Europe Trade Management Software Market By Deployment
13.3.2.4 Eastern Europe Trade Management Software Market By Enterprise Type
13.3.2.5 Eastern Europe Trade Management Software Market By Industry
13.3.2.6 Poland
13.3.2.6.1 Poland Trade Management Software Market By Function
13.3.2.6.2 Poland Trade Management Software Market By Deployment
13.3.2.6.3 Poland Trade Management Software Market By Enterprise Type
13.3.2.6.4 Poland Trade Management Software Market By Industry
13.3.2.7 Romania
13.3.2.7.1 Romania Trade Management Software Market By Function
13.3.2.7.2 Romania Trade Management Software Market By Deployment
13.3.2.7.3 Romania Trade Management Software Market By Enterprise Type
13.3.2.7.4 Romania Trade Management Software Market By Industry
13.3.2.8 Hungary
13.3.2.8.1 Hungary Trade Management Software Market By Function
13.3.2.8.2 Hungary Trade Management Software Market By Deployment
13.3.2.8.3 Hungary Trade Management Software Market By Enterprise Type
13.3.2.8.4 Hungary Trade Management Software Market By Industry
13.3.2.9 Turkey
13.3.2.9.1 Turkey Trade Management Software Market By Function
13.3.2.9.2 Turkey Trade Management Software Market By Deployment
13.3.2.9.3 Turkey Trade Management Software Market By Enterprise Type
13.3.2.9.4 Turkey Trade Management Software Market By Industry
13.3.2.10 Rest of Eastern Europe
13.3.2.10.1 Rest of Eastern Europe Trade Management Software Market By Function
13.3.2.10.2 Rest of Eastern Europe Trade Management Software Market By Deployment
13.3.2.10.3 Rest of Eastern Europe Trade Management Software Market By Enterprise Type
13.3.2.10.4 Rest of Eastern Europe Trade Management Software Market By Industry
13.3.3 Western Europe
13.3.3.1 Western Europe Trade Management Software Market by Country
13.3.3.2 Western Europe Trade Management Software Market By Function
13.3.3.3 Western Europe Trade Management Software Market By Deployment
13.3.3.4 Western Europe Trade Management Software Market By Enterprise Type
13.3.3.5 Western Europe Trade Management Software Market By Industry
13.3.3.6 Germany
13.3.3.6.1 Germany Trade Management Software Market By Function
13.3.3.6.2 Germany Trade Management Software Market By Deployment
13.3.3.6.3 Germany Trade Management Software Market By Enterprise Type
13.3.3.6.4 Germany Trade Management Software Market By Industry
13.3.3.7 France
13.3.3.7.1 France Trade Management Software Market By Function
13.3.3.7.2 France Trade Management Software Market By Deployment
13.3.3.7.3 France Trade Management Software Market By Enterprise Type
13.3.3.7.4 France Trade Management Software Market By Industry
13.3.3.8 UK
13.3.3.8.1 UK Trade Management Software Market By Function
13.3.3.8.2 UK Trade Management Software Market By Deployment
13.3.3.8.3 UK Trade Management Software Market By Enterprise Type
13.3.3.8.4 UK Trade Management Software Market By Industry
13.3.3.9 Italy
13.3.3.9.1 Italy Trade Management Software Market By Function
13.3.3.9.2 Italy Trade Management Software Market By Deployment
13.3.3.9.3 Italy Trade Management Software Market By Enterprise Type
13.3.3.9.4 Italy Trade Management Software Market By Industry
13.3.3.10 Spain
13.3.3.10.1 Spain Trade Management Software Market By Function
13.3.3.10.2 Spain Trade Management Software Market By Deployment
13.3.3.10.3 Spain Trade Management Software Market By Enterprise Type
13.3.3.10.4 Spain Trade Management Software Market By Industry
13.3.3.11 Netherlands
13.3.3.11.1 Netherlands Trade Management Software Market By Function
13.3.3.11.2 Netherlands Trade Management Software Market By Deployment
13.3.3.11.3 Netherlands Trade Management Software Market By Enterprise Type
13.3.3.11.4 Netherlands Trade Management Software Market By Industry
13.3.3.12 Switzerland
13.3.3.12.1 Switzerland Trade Management Software Market By Function
13.3.3.12.2 Switzerland Trade Management Software Market By Deployment
13.3.3.12.3 Switzerland Trade Management Software Market By Enterprise Type
13.3.3.12.4 Switzerland Trade Management Software Market By Industry
13.3.3.13 Austria
13.3.3.13.1 Austria Trade Management Software Market By Function
13.3.3.13.2 Austria Trade Management Software Market By Deployment
13.3.3.13.3 Austria Trade Management Software Market By Enterprise Type
13.3.3.13.4 Austria Trade Management Software Market By Industry
13.3.3.14 Rest of Western Europe
13.3.3.14.1 Rest of Western Europe Trade Management Software Market By Function
13.3.3.14.2 Rest of Western Europe Trade Management Software Market By Deployment
13.3.3.14.3 Rest of Western Europe Trade Management Software Market By Enterprise Type
13.3.3.14.4 Rest of Western Europe Trade Management Software Market By Industry
13.4 Asia-Pacific
13.4.1 Trend Analysis
13.4.2 Asia-Pacific Trade Management Software Market by Country
13.4.3 Asia-Pacific Trade Management Software Market By Function
13.4.4 Asia-Pacific Trade Management Software Market By Deployment
13.4.5 Asia-Pacific Trade Management Software Market By Enterprise Type
13.4.6 Asia-Pacific Trade Management Software Market By Industry
13.4.7 China
13.4.7.1 China Trade Management Software Market By Function
13.4.7.2 China Trade Management Software Market By Deployment
13.4.7.3 China Trade Management Software Market By Enterprise Type
13.4.7.4 China Trade Management Software Market By Industry
13.4.8 India
13.4.8.1 India Trade Management Software Market By Function
13.4.8.2 India Trade Management Software Market By Deployment
13.4.8.3 India Trade Management Software Market By Enterprise Type
13.4.8.4 India Trade Management Software Market By Industry
13.4.9 Japan
13.4.9.1 Japan Trade Management Software Market By Function
13.4.9.2 Japan Trade Management Software Market By Deployment
13.4.9.3 Japan Trade Management Software Market By Enterprise Type
13.4.9.4 Japan Trade Management Software Market By Industry
13.4.10 South Korea
13.4.10.1 South Korea Trade Management Software Market By Function
13.4.10.2 South Korea Trade Management Software Market By Deployment
13.4.10.3 South Korea Trade Management Software Market By Enterprise Type
13.4.10.4 South Korea Trade Management Software Market By Industry
13.4.11 Vietnam
13.4.11.1 Vietnam Trade Management Software Market By Function
13.4.11.2 Vietnam Trade Management Software Market By Deployment
13.4.11.3 Vietnam Trade Management Software Market By Enterprise Type
13.4.11.4 Vietnam Trade Management Software Market By Industry
13.4.12 Singapore
13.4.12.1 Singapore Trade Management Software Market By Function
13.4.12.2 Singapore Trade Management Software Market By Deployment
13.4.12.3 Singapore Trade Management Software Market By Enterprise Type
13.4.12.4 Singapore Trade Management Software Market By Industry
13.4.13 Australia
13.4.13.1 Australia Trade Management Software Market By Function
13.4.13.2 Australia Trade Management Software Market By Deployment
13.4.13.3 Australia Trade Management Software Market By Enterprise Type
13.4.13.4 Australia Trade Management Software Market By Industry
13.4.14 Rest of Asia-Pacific
13.4.14.1 Rest of Asia-Pacific Trade Management Software Market By Function
13.4.14.2 Rest of Asia-Pacific Trade Management Software Market By Deployment
13.4.14.3 Rest of Asia-Pacific Trade Management Software Market By Enterprise Type
13.4.14.4 Rest of Asia-Pacific Trade Management Software Market By Industry
13.5 Middle East & Africa
13.5.1 Trend Analysis
13.5.2 Middle East
13.5.2.1 Middle East Trade Management Software Market by Country
13.5.2.2 Middle East Trade Management Software Market By Function
13.5.2.3 Middle East Trade Management Software Market By Deployment
13.5.2.4 Middle East Trade Management Software Market By Enterprise Type
13.5.2.5 Middle East Trade Management Software Market By Industry
13.5.2.6 UAE
13.5.2.6.1 UAE Trade Management Software Market By Function
13.5.2.6.2 UAE Trade Management Software Market By Deployment
13.5.2.6.3 UAE Trade Management Software Market By Enterprise Type
13.5.2.6.4 UAE Trade Management Software Market By Industry
13.5.2.7 Egypt
13.5.2.7.1 Egypt Trade Management Software Market By Function
13.5.2.7.2 Egypt Trade Management Software Market By Deployment
13.5.2.7.3 Egypt Trade Management Software Market By Enterprise Type
13.5.2.7.4 Egypt Trade Management Software Market By Industry
13.5.2.8 Saudi Arabia
13.5.2.8.1 Saudi Arabia Trade Management Software Market By Function
13.5.2.8.2 Saudi Arabia Trade Management Software Market By Deployment
13.5.2.8.3 Saudi Arabia Trade Management Software Market By Enterprise Type
13.5.2.8.4 Saudi Arabia Trade Management Software Market By Industry
13.5.2.9 Qatar
13.5.2.9.1 Qatar Trade Management Software Market By Function
13.5.2.9.2 Qatar Trade Management Software Market By Deployment
13.5.2.9.3 Qatar Trade Management Software Market By Enterprise Type
13.5.2.9.4 Qatar Trade Management Software Market By Industry
13.5.2.10 Rest of Middle East
13.5.2.10.1 Rest of Middle East Trade Management Software Market By Function
13.5.2.10.2 Rest of Middle East Trade Management Software Market By Deployment
13.5.2.10.3 Rest of Middle East Trade Management Software Market By Enterprise Type
13.5.2.10.4 Rest of Middle East Trade Management Software Market By Industry
13.5.3 Africa
13.5.3.1 Africa Trade Management Software Market by Country
13.5.3.2 Africa Trade Management Software Market By Function
13.5.3.3 Africa Trade Management Software Market By Deployment
13.5.3.4 Africa Trade Management Software Market By Enterprise Type
13.5.3.5 Africa Trade Management Software Market By Industry
13.5.3.6 Nigeria
13.5.3.6.1 Nigeria Trade Management Software Market By Function
13.5.3.6.2 Nigeria Trade Management Software Market By Deployment
13.5.3.6.3 Nigeria Trade Management Software Market By Enterprise Type
13.5.3.6.4 Nigeria Trade Management Software Market By Industry
13.5.3.7 South Africa
13.5.3.7.1 South Africa Trade Management Software Market By Function
13.5.3.7.2 South Africa Trade Management Software Market By Deployment
13.5.3.7.3 South Africa Trade Management Software Market By Enterprise Type
13.5.3.7.4 South Africa Trade Management Software Market By Industry
13.5.3.8 Rest of Africa
13.5.3.8.1 Rest of Africa Trade Management Software Market By Function
13.5.3.8.2 Rest of Africa Trade Management Software Market By Deployment
13.5.3.8.3 Rest of Africa Trade Management Software Market By Enterprise Type
13.5.3.8.4 Rest of Africa Trade Management Software Market By Industry
13.6 Latin America
13.6.1 Trend Analysis
13.6.2 Latin America Trade Management Software Market by Country
13.6.3 Latin America Trade Management Software Market By Function
13.6.4 Latin America Trade Management Software Market By Deployment
13.6.5 Latin America Trade Management Software Market By Enterprise Type
13.6.6 Latin America Trade Management Software Market By Industry
13.6.7 Brazil
13.6.7.1 Brazil Trade Management Software Market By Function
13.6.7.2 Brazil Trade Management Software Market By Deployment
13.6.7.3 Brazil Trade Management Software Market By Enterprise Type
13.6.7.4 Brazil Trade Management Software Market By Industry
13.6.8 Argentina
13.6.8.1 Argentina Trade Management Software Market By Function
13.6.8.2 Argentina Trade Management Software Market By Deployment
13.6.8.3 Argentina Trade Management Software Market By Enterprise Type
13.6.8.4 Argentina Trade Management Software Market By Industry
13.6.9 Colombia
13.6.9.1 Colombia Trade Management Software Market By Function
13.6.9.2 Colombia Trade Management Software Market By Deployment
13.6.9.3 Colombia Trade Management Software Market By Enterprise Type
13.6.9.4 Colombia Trade Management Software Market By Industry
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America Trade Management Software Market By Function
13.6.10.2 Rest of Latin America Trade Management Software Market By Deployment
13.6.10.3 Rest of Latin America Trade Management Software Market By Enterprise Type
13.6.10.4 Rest of Latin America Trade Management Software Market By Industry
14. Company Profiles
14.1 Thomson Reuters
14.1.1 Company Overview
14.1.2 Financial
14.1.3 Products/ Services Offered
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 E2open Parent Holdings, Inc.
14.2.1 Company Overview
14.2.2 Financial
14.2.3 Products/ Services Offered
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 Amber Road, Inc.
14.3.1 Company Overview
14.3.2 Financial
14.3.3 Products/ Services Offered
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 Livingston International
14.4.1 Company Overview
14.4.2 Financial
14.4.3 Products/ Services Offered
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 The Descartes Systems Group, Inc.
14.5.1 Company Overview
14.5.2 Financial
14.5.3 Products/ Services Offered
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 Oracle Corporation
14.6.1 Company Overview
14.6.2 Financial
14.6.3 Products/ Services Offered
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 MIQ Logistics, LLC.
14.7.1 Company Overview
14.7.2 Financial
14.7.3 Products/ Services Offered
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 SAP SE
14.8.1 Company Overview
14.8.2 Financial
14.8.3 Products/ Services Offered
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Integration Point, Inc.
14.9.1 Company Overview
14.9.2 Financial
14.9.3 Products/ Services Offered
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 Expeditors International of Washington, Inc.
14.10.1 Company Overview
14.10.2 Financial
14.10.3 Products/ Services Offered
14.10.4 SWOT Analysis
14.10.5 The SNS View
14.11 Bamboo Rose LLC
14.11.1 Company Overview
14.11.2 Financial
14.11.3 Products/ Services Offered
14.11.4 SWOT Analysis
14.11.5 The SNS View
14.12 QAD Inc.
14.12.1 Company Overview
14.12.2 Financial
14.12.3 Products/ Services Offered
14.12.4 SWOT Analysis
14.12.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. Use Case and Best Practices
17. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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The Digital Signage Market size was valued at USD 18.19 billion in 2023 and will Reach to USD 31.25 billion By 2031 and grow at a CAGR of 7.94% by 2024-2031
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