Global Trade Management Market Report

The global demand for Trade Management Market is presumed to reach the market size of nearly USD 2.26 MN by 2028 from USD 1.09 MN in 2021 with a CAGR of 11% under the study period 2022 - 2028.

Trade management is known as computer applications and related services that assist an organization in centralizing and automating cross-border trade activities and operations. It digitally executes a trading sequence that comprises identifying a set-up, calculating allocation size, planning, and monitoring trade entry and exits. Trade management also features modules for trade compliance, customs administration, logistics monitoring, and providing control and transparency over shipments, orders, and payments. Trade management systems have a wide range of applications in various industries, including retail and consumer goods, transportation and logistics, manufacturing, aerospace and defence, and healthcare.

Market Dynamics

The rising digitalization trend and rapid industrialization worldwide are significant factors driving the trade management market's rise. Traders' widespread adoption of software solutions to minimize manual and back-office procedures and streamline their business processes and trade activities contributes to market growth. Furthermore, increased governmental and private investments in various logistics infrastructural projects for import and export management, particularly in emerging nations, is boosting the market growth. Another growth-inducing component is the development of technologically enhanced solutions that enhance supply chain agility, minimize operational time, and lower distribution costs. These software solutions provide personnel with customizable process management platforms to micro-manage the whole supply chain network. Other factors, including the implementation of favourable government policies that promote international trade and intensive research and development (R&D), are expected to fuel the industry.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of trade management. The growth and trends of trade management industry provide a holistic approach to this study. 

Market Segmentation

This section of the trade management market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Component

• Solutions
• Services

By Deployment Model

• ON-Premises
• Cloud

By Organization Size

• Small And Medium-Sized Enterprises,
• Large Enterprises

By End User

• Transportation And Logistics
• Government And Public
• Healthcare And Life Sciences
• Aerospace And Defense
• Manufacturing
• Consumer Goods And Retail
• Energy And Utilities
• Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Trade Management market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Trade Management Market Share by Region (Representative Graph)



The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the trade management market include Amber Road, Inc., Aptean, THE DESCARTES SYSTEMS GROUP INC., SAP SE, Oracle, Precision Software, Livingston International, MiQ Digital Limited, MIC, QuestaWeb, Inc., Cognizant, OCR Services, Inc., WiseTech Global, Bamboo Rose LLC, MercuryGate International, Inc., IBM, Expeditors International of Washington, Inc., NEXUS Intertrade, Star USA Inc., and Infosys Limited. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.