Pune, Maharashtra -- (SBWIRE) -- 07/20/2023 -- According to HTF Market Intelligence, the Global Trade Management market to witness a CAGR of 9.47% during the forecast period of 2023-2028. Global Trade Management Market Breakdown by Application (Transportation and Logistics, Government and Public, Healthcare and Life Sciences, Aerospace and Defense, Manufacturing, Retail, Energy and Utilities, Others) by Enterprise Size (SMEs, Large Enterprise) by Component (Solutions, Services) by Deployment (On-premises, Cloud-based) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Trade Management market size is estimated to increase by USD 718 Million at a CAGR of 9.47% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, the market value is pegged at USD 980 Million.

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The trade management market refers to the industry that provides software and services to manage international trade processes for businesses. This includes managing import and export compliance, tracking shipments, managing customs clearance, and providing visibility into global supply chains.

Trade Management Market - Key Segment Analysis

The market share growth by the On-premises segment will be significant during the forecast period. The segment is driven by the Increasing complexity of global trade regulations and the need for businesses to ensure compliance.

Trade Management Market - Competition Analysis
The Global Trade Management market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints in new territories. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward a new growth cycle. The list of players that are profiled in the study is e Amber Road, Inc. (United States), Aptean (United States), Integration Point, Inc. (United States), Oracle (United States), Precision Software (United States), Questa Web, Inc. (United States), MIQ Logistics (United States), Infor (United States), Thomson Reuters (United States), OCR Service, Inc. (United States), Cognizant (United States), Thomas Reuters Corporation (Canada), Descartes (Canada), SAP SE (Germany), Livingston International (Canada), MIC Customs Solutions (Austria).

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Trade Management Market - Geographical Outlook
Asia Pacific will provide maximum growth opportunities in the Trade Management market. According to our research, the region will account for xx% of the global market growth during the forecast period. The market in Asia Pacific is driven by the Use of automation and artificial intelligence to streamline trade processes and reduce costs.

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What key data is demonstrated in this Trade Management market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the Trade Management market between 2023 and 2028
- Precise estimation of the size of the Trade Management market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Value in dollar terms and growth of the market industry across APAC, Europe, North America, South America, and the Middle East and Africa; further broken down by major country within the region.
- Thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Trade Management market players

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Some Extracts from the Table of Content
Some Extracts from the Table of Content
- Overview of the Trade Management Market
- Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
- Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
- Trade Management Size (USD & Sales Volume) Comparison by Type (2017-2028)
- Trade Management Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
- Trade Management Size (Value & Volume) Comparison by Region (2017-2028)
- Market Capacity, Production, Export-Import by Region (2017-2022E)
- Trade Management Market Sales, Revenue, and Growth Rate (2017-2028)
- Competitive Situation and Trends
- Market Positioning and Share Analysis (2020-2022E)
- Suppliers High-Performance Operational Base Distribution
- Analyse competitors, Profiles, Sales Areas, and Product Category
- Trade Management Cost Analysis
- Marketing Strategy Analysis
- Research Conclusions

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