As per the latest report, the global trade management market size is expected to demonstrate a shift to USD 1.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.0% from 2021 to 2026. The major factors which are gearing up the trade management market include a surged volume of international trade, rising trend of digitization, legal guidelines, and compliances, to fuel the development of the trade management market worldwide during the forecast period.

Services To Develop At A Higher CAGR During The Forecast Period

Trade management services are essential to ensure the appropriate incorporation of trade management solutions with the complex network infrastructure established in an organization. Trade management services make sure that various trade solutions execute smoothly over a period by closely monitoring, maintaining, and improving the vital aspects of trade management solutions. It also boosts the international supply chain by automating and organizing trade processes, managing control costs, decreasing the probabilities of penalties and fines, and clearing customs quicker. The determining services for this report include counseling, execution and integration and support as well as maintenance.

Vital Insights

1. Increasing development of international trade to ensure the growth of the market
2. Solutions Segment and the United States to hold large market shares during the forecast period.
3. Solutions Segment and China to hold the large market shares during the forecast period.
4. Japan and India to deliver wholesome opportunities for development during the forecast period.

Market Dynamics

Drivers

1. Increasing volume of global trade
2. Rising trend of digitization
3. Legal regulations and compliances

Limitations

1. Associations resistant to changing legal systems or considering new technologies

Opportunities

1. Advanced features to associate with current corporate systems
2. New technologies in Supply Chain as a service
3. Growth in consumer expectations for free and quicker delivery

Challenges

1. Lack of capabilities to handle GTM Systems
2. Increase in difficulties related to trade management

Vital Topics Covered

1. Introduction
2. Research methods
3. Executive brief
4. Vital insights
5. Market overview and industry trends
6. Trade management market, by component
7. Trade Management Market, by Deployment Type
8. Trade Management Market, by Organization Size
9.Trade Management Market, by Vertical
10. Trade Management Market, by Region
11. Competitive scenario
12. Company profiles
13. Adjacent Markets
14. Appendix

Companies Mentioned

1. 3Rdwave
2. 4Pl Consultancy
3. Accuity
4. AEB
5. Aptean
6. Bamboo Rose
7. Bdp International
8. Bolero International
9. Cargowise
10. Centrade
11. Descartes
12. E2Open
13. Expeditors
14. Global Custom Compliance
15. Infor
16. Livingston International
17. Mic Customs Solutions
18. Neurored
19. Noatum Logistics
20. OCR Services
21. Oracle
22. QAD Precision
23. SAP
24. Shipsy
25. Thomson Reuters
26. Vigilant Global Trade Services
27. Webb Fontaine

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