Global trade management (GTM) is a software that is used to streamline life cycle of trade activities in areas such as logistics and settlement. GTM helps to improve operating efficiencies and cash flows significantly. GTM is comprehensive and helps organizations to use the cross-functional and system-wide view of global trade. GTM is also applied by many companies in their global operations.
Technavio’s analysts forecast the global trade management software market to grow at a CAGR of 11.42% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global trade management software market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of software and services.
The new software license revenue is realized from the fee earned by vendors offering trade management software to customers. The software licensing revenue includes both perpetual and periodic licenses or subscriptions. Vendors also offer pay-per-use models and services based on cloud-based offerings.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s 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 the key vendors operating in this market.
Key vendors • Amber Road • Aptean • Descartes • Infor • Integration Point • Oracle • QAD • SAP • QuestaWeb • Visual Compliance
Other prominent vendors • Bamboo Rose • WiseTech Global • BluJay Solutions • MercuryGate International • MIC • TradeLanes
Market driver • Need for efficient supply chain • For a full, detailed list, view our report
Market challenge • Data security and privacy • For a full, detailed list, view our report
Market trend • GTM software adapting to globalization in trade • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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