Europe trade management software market in is expected to grow from US$ 194.9 Mn in 2018 to US$ 430.7 Mn by the year 2027. This represents a CAGR of 9.3% from the year 2018 to 2027.
Trade is a complex process which involves the flow of multiple goods and information across the network of suppliers, carriers, and warehouse. This complexity can be handled using software systems, which allows analyzing real-time and real-world data. This implementation of software systems improves the supply chain and also offers real-time visibility. Increased competitiveness in the industry is the major reason for industries investing in automation and digitization. Moreover, the adoption of the cloud-based solution is expected to provide real-time visibility of exported goods. Software related to transportation management system will reduce the inefficiency and costs with saving time for operations. Few of the trends expected to boost the global trade management software market during the forecast period are blockchain, artificial intelligence, and predictive analysis implementation in logistics operations.
Currently, the UK is dominating the trade management software market in terms of installation, which in turn boost the demand for trade management software. The UK is one of the most technologically advanced countries in the European region. Availability of various technology companies is propelling the UK government to focus on advanced technologies. Some of the prominent manufacturing sectors of the country include chemicals, food & beverage, aerospace, plastics, as well as high-tech manufacturing. Further, the country’s automotive industry is also anticipated to increase at a considerable growth. The country has appeared as an innovation leader in the manufacturing industry. Top export includes cars, packaged medicaments, crude petroleum, gold, and gas turbines. Also, top imports of the country are cars, gold, oil, and packaged drugs. The figure given below highlights the revenue share of Italy in the European trade management software market in the forecast period:
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EUROPE TRADE MANAGEMENT SOFTWARE MARKET - SEGMENTATION
Europe Trade Management Software Market by Component
- Solution
- Services
Europe Trade Management Software Market by Deployment
- On-Premise
- Cloud
Europe Trade Management Software Market by Organization Size
- Small Enterprises
- Medium Enterprises
- Large Enterprises
Europe Trade Management Software Market by End-User
- Retail & CG
- Automotive
- Logistics & Transportation
- Healthcare & Pharma
- Government, Aerospace & Defense
- Chemicals & Minerals
- Manufacturing
- Others
Europe Trade Management Software Market by Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Companies Mentioned
- Amber Road, Inc.
- Bamboo Rose LLC
- Expeditors International of Washington, Inc.
- Integration Point LLC
- Livingston International
- MIC
- Oracle Corp
- QAD, Inc,
- QuestaWeb
- SAP SE
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, by Deployment, by Organization Size, by End-User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
1. Introduction
1.1 Scope of The Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Trade Management Software Market – By Component
1.3.2 Europe Trade Management Software Market – By Deployment
1.3.3 Europe Trade Management Software Market – By Organization Size
1.3.4 Europe Trade Management Software Market – By End-user
1.3.5 Trade Management Software Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Trade Management Software Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe PEST Analysis
4.3 Ecosystem Analysis
5. Trade Management Software Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Growing trade management complexities supporting the increasing demand for trade management software
5.1.2 Increasing focus towards cost-reduction and real-time visibility are the driving the growth of trade management software market
5.2 Restraints
5.2.1 Evolving rules and regulations lead to unexpected expense and impact the business
5.3 Opportunities
5.3.1 Growing popularity of SaaS deployment is expected to create opportunity for Global Trade Management (GTM) vendors
5.4 Future Trends:
5.4.1 Integration of emerging technologies with a trade management software
5.5 Impact Analysis of Drivers and Restraint
6. Europe Trade Management Software–Market Analysis
6.1 Trade Management Software Market Overview
6.2 Europe Trade Management Software Market Forecast and Analysis
7. Trade Management Software Market Revenue and Forecasts to 2027 –Component
7.1 Overview
7.2 Component Market Forecasts and Analysis
7.3 Solutions
7.3.1 Overview
7.3.2 Solutions Market Forecasts and Analysis
7.4 Services
7.4.1 Overview
7.4.2 Services Market Forecasts and Analysis
8. Trade Management Software Market Revenue and Forecasts to 2027 – By Deployment
8.1 Overview
8.2 Deployment Market Forecasts and Analysis
8.3 Cloud
8.3.1 Overview
8.3.2 Cloud Market Forecasts and Analysis
8.4 On-Premise
8.4.1 Overview
8.4.2 On-Premise Market Forecasts and Analysis
9. Trade Management Software Market Revenue and Forecasts to 2027 –Organization Size
9.1 Overview
9.2 Organization Size Market Forecasts and Analysis
9.3 Small Enterprise
9.3.1 Overview
9.3.2 Small Enterprises Market Forecasts and Analysis
9.4 Medium Enterprise
9.4.1 Overview
9.4.2 Medium Enterprise Market Forecasts and Analysis
9.5 Large Enterprise
9.5.1 Overview
9.5.2 Large Enterprise Market Forecasts and Analysis
10. Trade Management Software Market Revenue and Forecasts to 2027 –End-user
10.1 Overview
10.2 End-User Market Forecasts and Analysis
10.3 Retail & Consumer Goods
10.3.1 Overview
10.3.2 Retail & Consumer Goods Market Forecasts and Analysis
10.4 Automotive
10.4.1 Overview
10.4.2 Automotive Market Forecasts and Analysis
10.5 Logistics & Transport
10.5.1 Overview
10.5.2 Logistics & Transport Market Forecasts and Analysis
10.6 Healthcare & Pharma
10.6.1 Overview
10.6.2 Healthcare & Pharma Market Forecasts and Analysis
10.7 Government, Aerospace & Defense
10.7.1 Overview
10.7.2 Government, Aerospace & Defense Market Forecasts and Analysis
10.8 Chemicals & Minerals
10.8.1 Overview
10.8.2 Chemicals & Minerals Market Forecasts and Analysis
10.9 Manufacturing
10.9.1 Overview
10.9.2 Manufacturing Market Forecasts and Analysis
10.10 Others
10.10.1 Overview
10.10.2 Others Market Forecasts and Analysis
11. Trade Management Software Market – Country Analysis
11.1 Overview
11.1.1 Europe Trade Management Software Market Breakdown, by Key Countries
11.1.1.1 Germany Trade Management Software Market Revenue and Forecasts to 2027 (US$ MN)
11.1.1.1.1 Germany Trade Management Software Market Breakdown by Component
11.1.1.1.2 Germany Trade Management Software Market Breakdown by Deployment
11.1.1.1.3 Germany Trade Management Software Market Breakdown by Organization Size
11.1.1.1.4 Germany Trade Management Software Market Breakdown by End-user
11.1.1.2 France Trade Management Software Market Revenue and Forecasts to 2027 (US$ MN)
11.1.1.2.1 France Trade Management Software Market Breakdown by Component
11.1.1.2.2 France Trade Management Software Market Breakdown by Deployment
11.1.1.2.3 France Trade Management Software Market Breakdown by Organization Size
11.1.1.2.4 France Trade Management Software Market Breakdown by End-user
11.1.1.3 Italy Trade Management Software Market Revenue and Forecasts to 2027 (US$ MN)
11.1.1.3.1 Italy Trade Management Software Market Breakdown by Component
11.1.1.3.2 Italy Trade Management Software Market Breakdown by Deployment
11.1.1.3.3 Italy Trade Management Software Market Breakdown by Organization Size
11.1.1.3.4 Italy Trade Management Software Market Breakdown by End-user
11.1.1.4 U.K. Trade Management Software Market Revenue and Forecasts to 2027 (US$ MN)
11.1.1.4.1 U.K Trade Management Software Market Breakdown by Component
11.1.1.4.2 U.K Trade Management Software Market Breakdown by Deployment
11.1.1.4.3 U.K. Trade Management Software Market Breakdown by Organization Size
11.1.1.4.4 U.K Trade Management Software Market Breakdown by End-user
11.1.1.5 Russia Trade Management Software Market Revenue and Forecasts to 2027 (US$ MN)
11.1.1.5.1 Russia Trade Management Software Market Breakdown by Component
11.1.1.5.2 Russia Trade Management Software Market Breakdown by Deployment
11.1.1.5.3 Russia Trade Management Software Market Breakdown by Organization Size
11.1.1.5.4 Russia Trade Management Software Market Breakdown by End-user
11.1.1.6 Rest of Europe Trade Management Software Market Revenue and Forecasts to 2027 (US$ MN)
11.1.1.6.1 Rest of Europe Trade Management Software Market Breakdown by Component
11.1.1.6.2 Rest of Europe Trade Management Software Market Breakdown by Deployment
11.1.1.6.3 Rest of Europe Trade Management Software Market Breakdown by Organization Size
11.1.1.6.4 Rest of Europe Trade Management Software Market Breakdown by End-user
12. Industry Landscape
12.1 Mergers and Acquisitions
12.2 Agreements, Collaborations and Joint Ventures
12.3 New Product Launches
12.4 Expansions and Other Strategic Developments
13. Company Profile
13.1 Amber Road, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Bamboo Rose LLC.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Expeditors International of Washington, Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Integration Point LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 MIC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Oracle Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 QAD, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 QuestaWeb, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 SAP SE
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Business Description
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Livingston International
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. Europe Trade Management Software Market Revenue and Forecasts To 2027 (US$ Mn)
Table 2. Europe Trade Management Software Market Revenue and Forecasts To 2027 – By Component (US$ Mn)
Table 3. Europe Trade Management Software Market Revenue and Forecasts To 2027 – By Deployment (US$ Mn)
Table 4. Europe Trade Management Software Market Revenue and Forecasts To 2027 – By Organization Size (US$ Mn)
Table 5. Europe Trade Management Software Market Revenue and Forecasts To 2027 – By End User (US$ Mn)
Table 6. Europe Trade Management Software Market Revenue and Forecasts To 2027 – By Key Countries (US$ Mn)
Table 7. Germany Trade Management Software Market Revenue and Forecasts To 2027 – By Component (US$ Mn)
Table 8. Germany Trade Management Software Market Revenue and Forecasts To 2027 – By Deployment (US$ Mn)
Table 9. Germany Trade Management Software Market Revenue and Forecasts To 2027 – By Organization Size (US$ Mn)
Table 10. Germany Trade Management Software Market Revenue and Forecasts To 2027 – By End-User (US$ Mn)
Table 11. France Trade Management Software Market Revenue and Forecasts To 2027 – By Component (US$ Mn)
Table 12. France Trade Management Software Market Revenue and Forecasts To 2027 – By Deployment (US$ Mn)
Table 13. France Trade Management Software Market Revenue and Forecasts To 2027 – By Organization Size (US$ Mn)
Table 14. France Trade Management Software Market Revenue and Forecasts To 2027 – By End-User (US$ Mn)
Table 15. Italy Trade Management Software Market Revenue and Forecasts To 2027 – By Component (US$ Mn)
Table 16. Italy Trade Management Software Market Revenue and Forecasts To 2027 – By Deployment (US$ Mn)
Table 17. Italy Trade Management Software Market Revenue and Forecasts To 2027 – By Organization Size (US$ Mn)
Table 18. Italy Trade Management Software Market Revenue and Forecasts To 2027 – By End User (US$ Mn)
Table 19. U.K Trade Management Software Market Revenue and Forecasts To 2027 – By Component (US$ Mn)
Table 20. U.K Trade Management Software Market Revenue and Forecasts To 2027 – By Deployment (US$ Mn)
Table 21. U.K. Trade Management Software Market Revenue and Forecasts To 2027 – By Organization Size (US$ Mn)
Table 22. U.K Trade Management Software Market Revenue and Forecasts To 2027 – By End-User (US$ Mn)
Table 23. Russia Trade Management Software Market Revenue and Forecasts To 2027 – By Component (US$ Mn)
Table 24. Russia Trade Management Software Market Revenue and Forecasts To 2027 – By Deployment (US$ Mn)
Table 25. Russia Trade Management Software Market Revenue and Forecasts To 2027 – By Organization Size (US$ Mn)
Table 26. Russia Trade Management Software Market Revenue and Forecasts To 2027 – By End-User (US$ Mn)
Table 27. Rest of Europe Trade Management Software Market Revenue And Forecasts To 2027 – By Component (US$ Mn)
Table 28. Rest of Europe Trade Management Software Market Revenue And Forecasts To 2027 – By Deployment (US$ Mn)
Table 29. Rest of Europe Trade Management Software Market Revenue And Forecasts To 2027 – By Organization Size (US$ Mn)
Table 30. Rest of Europe Trade Management Software Market Revenue And Forecasts To 2027 – By End-User (US$ Mn)
Table 31. Glossary of Terms, Trade Management Software Market
LIST OF FIGURES
Figure 1. Trade Management Software Market Segmentation
Figure 2. Trade Management Software Market Segmentation – By Countries
Figure 3. Europe Trade Management Software Market, By Cloud-Based Deployment, 2018 & 2027 (%)
Figure 4. Europe PEST Analysis
Figure 5. Trade Management Software – Ecosystem Analysis
Figure 6. Impact Analysis of Drivers and Restraint
Figure 7. Europe Trade Management Software Market Forecast and Analysis, (US$ Mn)
Figure 8. Europe Trade Management Software Market Breakdown by Component, 2018 & 2027 (%)
Figure 9. Europe Solutions Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 10. Europe Services Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 11. Europe Trade Management Software Market Breakdown by Deployment, By Revenue, 2018 & 2027 (%)
Figure 12. Europe Cloud Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 13. Europe On-Premise Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 14. Europe Trade Management Software Market Breakdown by Organization Size, 2018 & 2027 (%)
Figure 15. Europe Small Enterprises Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 16. Europe Medium Enterprise Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 17. Europe Large Enterprise Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 18. Europe Trade Management Software Market Breakdown by End-User, 2018 & 2027 (%)
Figure 19. Europe Retail & Consumer Goods Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 20. Europe Automotive Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 21. Europe Logistics & Transport Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 22. Europe Healthcare & Pharma Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 23. Europe Government, Aerospace & Defense Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 24. Europe Chemicals & Minerals Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 25. Europe Manufacturing Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 26. Europe Others Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 27. Europe Trade Management Software Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 28. Germany Trade Management Software Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 29. France Trade Management Software Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 30. Italy Trade Management Software Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 31. U.K. Trade Management Software Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 32. Russia Trade Management Software Market Revenue and Forecasts To 2027 (US$ Mn)
Figure 33. Rest of Europe Trade Management Software Market Revenue And Forecasts To 2027 (US$ Mn)
The List of Companies
- Amber Road, Inc.
- Bamboo Rose LLC
- Expeditors International of Washington, Inc.
- Integration Point LLC
- Livingston International
- MIC
- Oracle Corp
- QAD, Inc.
- QuestaWeb
- SAP SE
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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