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Home>Global Trade Management Software Market - Analysis, Technologies & Forecasts to 2021 - Research and Markets

Global Trade Management Software Market - Analysis, Technologies & Forecasts to 2021 - Research and Markets

Global Trade Management Software Market - Analysis, Technologies & Forecasts to 2021 - Research and Markets

10/03/2017

Global Trade Management Software Market - Analysis, Technologies & Forecasts to 2021 - Research and Markets

The "Global Trade Management Software Market 2017-2021" report has been added to Research and Markets' offering.

The global trade management software market is forecast to grow at a CAGR of 11.42% during the period 2017-2021.

The report, Global Trade Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of theKey vendors operating in this market.

The latest trend gaining momentum in the market is GTM software adapting to globalization in trade. Many companies are using global trade as a way of expanding their businesses and to increase their profit margins. To cope with the increasing changes in the global trade sector, GTM software activities are also becoming more globalized. GTM has moved away from the traditional global trade approach and is driven by the growth of e-commerce, omnichannel, and other distribution approaches. A high number of regulations associated with country-to-country imports and exports is one of the major trends that will be seen during the forecast period.

One of the major drivers for this market is the need for efficient supply chain. The need for global supply chain visibility and optimization has increased among trading companies because of the growing cost of global shipments, extended delivery time, and the variations in lead time. The visibility into the global supply chain is necessary as it helps to avoid overstocking of inventory, optimize supply chain network, and mitigate trade compliance risks. However, the use of manual or outdated technologies and the complexity of the global trading systems, which have different data and message formats, are obscuring the visibility into the networks of the supply chain.

Key vendors

  • Amber Road
  • Aptean
  • Descartes
  • Infor
  • Integration Point
  • Oracle
  • QAD
  • SAP
  • QuestaWeb
  • Visual Compliance

Other prominent vendors

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