Published on : Jul 21, 2017
Albany, New York, July 21, 2017: Implementation of a global trade management solution is one of the best ways for businesses to realize drastic operational gains. In recent years, rising investments in global logistics infrastructure, increasing cross-border sales and increasing complexities in managing global trade have led to the adoption of global trade management. Market Research Hub (MRH) has announced in the inclusion of a new study titled “Global Trade Managements Market Size, Status and Forecast 2022” to its vast repository. This study presents a comprehensive understanding of the global trade management market and analyzes the current state of this market in a number of nations across the world.
Geographically, the report throws light on the most lucrative nations in this market and their predicted development in the coming years, which includes United States, India, Japan, EU, China and Southeast Asia. Additionally, this report covers all the key attributes related to the global trade management market and studies the market size for the forecast period from 2017 to 2022. In addition, the product segmentation and the development of its types and end-user in the market have also been encapsulated under this report.
Global trade management (GTM) systems traditionally have focused on helping organizations comply with the myriad regulations governing how components and products cross borders. Even though compliance remains a key feature, many GTM systems providers are adding new capabilities. Some GTM systems also are adding tools that can help coordinate the physical flow of goods, provide visibility to inventory and products, check whether certain materials qualify for preferential treatment under a trade agreement, and help with settlement processes. The report segments the market on the basis of deployment type and defines the two deployment alternatives for global trade management, such as On-premises and Cloud-based.
By application, the market has been segmented into Small and medium enterprises (SMEs); and Large Enterprises. With the expected increase in the global trade management adoption rate among Small and Medium Enterprises (SMEs), the global market is likely to gain traction during the forecast period. The report further also include analysis of key market dynamics propelling the market growth in the coming years.
Moving further, in the next section, the competitive landscape of the global trade management market is then evaluated in the report by describing the leading manufacturers operating in the market. List of companies along with company profile, contact information, product, services and solution, market shares of 2012-2017 for each company is also provided. At present, leading vendors are Oracle (US), The Descartes Systems Group (Canada), Precision Software (US), QuestaWeb (US), Thomson Reuters Corp (US), MIC Customs Solutions (Australia), TechTarget (US), Integration Point (US), SAP SE (Germany), Amber Road (US), Livingston International (Canada) and Aptean (US).
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