Published on : Jun 01, 2017
Albany, New York, June 1, 2017: Today, the order management system consider as a very effective tool for those who want to carry out the business functions smoothly. The growth of online retail is one of the most significant effects of the Internet on the modern business environment, which has significantly created a huge demand for order management software. Market Research Hub (MRH) has freshly added a new report to its massive repository of research reports, which is titled as “Global Order Management Software Market Size, Status and Forecast 2022”. This forecast study offers a holistic perspective of the order management software market, by focusing on some prime regions including EU, United States, Japan, China, India and Southeast Asia.
The term Order Management refers to the set of actions that a retailer/merchant needs to perform to deliver the goods that a customer has ordered. Order management software allows user to process orders according to exact business strategy and business model-whether direct to consumer, business to business, drop shipment or fulfilling orders direct from warehouses across the globe. Presently, due to the rapidly growing online businesses, every online retail business, e-commerce or brick and click, will have some form of order management software, typically as part of an e-commerce platform.
The research analyzes the market overview and scope of order management software and finds that order management system refers to software which brings efficiency in keeping track of orders and maintaining it in a proper way. The software is a great help in entering the orders given by customers. Moreover, market size during the period 2012 to 2017 is also analyzed, by segmenting the market into above-mentioned regions.
The report further provides in-depth insights of the market by segmenting it into type and application. Based on type, it covers On-Premise order management software and cloud inventory order management software. The OMS will encompass the inventory information such as the availability of a particular product or the sourcing of the inventory. By application, the market has been categorized into Distributors, Supermarket, Restaurant and Others. Amongst, restaurant ordering management systems have garnered widespread acclaim for various reasons. A good food ordering software helps you order and pay for food online with no fuss at all.
In all of these applications, the online management software has gained huge momentum, due to the rising number of supermarket and restaurants globally. Also, growing numbers of smartphone users and wide availability of internet in emerging as well as emerged countries is also a major factor for the market growth. For each region, type and application, the report has forecasted the analysis on market size, revenue and growth rate during the period 2017 to 2022.
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Moreover, key players in the market are also profiled in the study. It includes Zoho Inventory, Megaventory, Unicommerce, ecomdash, OpenXcell Technolabs, Vinculum Solutions, 4Psite, BrandOrder, NetSuite, Handshake and Elastic Suite. At last, an important section covering the market dynamics, including opportunities, factors, challenges and risks are highlighted.
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