HOME Top Market Reports Global Trade Management Market by Component (Solutions and Services), Deployment Type (On-Premises and Cloud), Organization Size (SMEs and Large Enterprises), Vertical, and Region - Global forecast to 2022

Global Trade Management Market by Component (Solutions and Services), Deployment Type (On-Premises and Cloud), Organization Size (SMEs and Large Enterprises), Vertical, and Region - Global forecast to 2022

By: marketsandmarkets.com
Publishing Date: May 2017
Report Code: TC 5231

 

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MarketsandMarkets forecasts the global trade management market to grow from USD 645.2 Million in 2017 to USD 1,034.2 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 9.9%.

Objectives of the study:

The main objective of this report is to define, describe, and forecast the global trade management market on the basis of segments which include component, deployment type, organization size, vertical, and region. The report provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report forecasts the market size with respect to the five main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa, and Latin America. The report strategically profiles key players and comprehensively analyzes their core competencies. This report also tracks and analyzes competitive developments such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities in the global trade management market.

The research methodology used to estimate and forecast the global trade management market begins with the collection and analysis of data on key vendor product offerings and business strategies from secondary sources, such as World Bank, International Trade Administration, press releases, investor presentations of companies, white papers, technology journals, certified publications, articles from recognized authors, directories, and databases. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the total market size of the global trade management market from the revenue of the key market software tool providers and service providers. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of the primary participants is depicted in the figure below:

Trade Management Market

To know about the assumptions considered for the study, download the pdf brochure

Industry Ecosystem

The global trade management ecosystem comprises the service and solution providers such as Amber Road, Inc. (US), Aptean (US), Descartes (Canada), SAP SE (Germany), Integration Point, Inc. (US), Oracle (US), Precision Software (US), QuestaWeb, Inc. (US), Livingston International (Canada), MIQ Logistics (US), Thomson Reuters (US), and MIC Customs Solutions (Austria).

Key Target Audience

  • Enterprise users
  • Trade organizations
  • Government agencies
  • Industrial users
  • Freight forwarders
  • Trade management vendors

Scope of the Report

The research report segments the global trade management market into following sub-markets:

  • by Component
    The following components play a major role in global trade management
    • Solutions
      • Trade function
        • Import/export management
        • Vendor management
        • Others
      • Trade compliance
        • Duty management
        • Risk and quality management
      • Supply chain visibility
      • Trade finance
        • Insurance management
        • Invoice management
        • Others
    • Services
      • Consulting
      • Implementation
      • Support and maintenance
  • by Deployment Type
    There are two deployment alternatives for global trade management
    • On-premises
    • Cloud-based
  • by Organization Size
    The various organizations utilizing global trade management practices can be broken down into two types
    • Small and Medium Enterprises (SMEs)
    • Large enterprises
  • by Vertical
    Global trade management practices can be adopted across various industries such as
    • Transportation and logistics
    • Government and public
    • Healthcare and life sciences
    • Aerospace and defense
    • Manufacturing
    • Consumer goods and retail
    • Energy and utilities
    • Others
  • by Region
    The global market for global trade management can be broken down into following regions
    • North America
    • Europe
    • APAC
    • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the North American global trade management market into countries
  • Further breakdown of the European global trade management market into countries
  • Further breakdown of the APAC global trade management market into countries
  • Further breakdown of the Middle Eastern and African global trade management market into countries
  • Further breakdown of the Latin American global trade management market into countries

Company Information

  • Detailed analysis and profiling of additional market player

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency.
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Research Assumptions and Limitations
    2.4 Vendor Dive Matrix
           2.4.1 Microquadrant Description

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 29)
    4.1 Attractive Market Opportunities in the Global Trade Management Market
    4.2 Global Trade Management Market, By Component
    4.3 Global Trade Management Market, By Vertical and Region
    4.4 Lifecycle Analysis, By Region

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Complexities in Managing Global Trade
                    5.2.1.2 Government Regulations and Compliances
                    5.2.1.3 Increasing Investment in Global Logistics Infrastructures
           5.2.2 Restraints
                    5.2.2.1 Organizations Resistant to Change Legacy Systems Or Adopt New Technologies
           5.2.3 Opportunities
                    5.2.3.1 Advanced Features to Link With Existing Corporate Systems
                    5.2.3.2 SaaS Model for GTM
           5.2.4 Challenges
                    5.2.4.1 Lack of Capabilities to Manage GTM Systems

6 Industry Trends (Page No. - 35)
    6.1 Introduction
    6.2 Innovation Spotlight
    6.3 Strategic Benchmarking
           6.3.1 Strategic Benchmarking: New Product Launches  and Partnerships

7 Global Trade Management Market Analysis,  By Component (Page No. - 37)
    7.1 Introduction
    7.2 Solutions
           7.2.1 Trade Function
                    7.2.1.1 Import/Export Management
                    7.2.1.2 Vendor Management
                    7.2.1.3 Others
           7.2.2 Trade Compliance
                    7.2.2.1 Duty Management
                    7.2.2.2 Risk and Quality Management
           7.2.3 Supply Chain Visibility
           7.2.4 Trade Finance
                    7.2.4.1  Insurance Management
                    7.2.4.2  Invoice Management
                    7.2.4.3  Others
    7.3 Services
           7.3.1 Consulting
           7.3.2 Implementation
           7.3.3 Support and Maintenance

8 Global Trade Management Market Analysis,  By Deployment Type (Page No. - 50)
    8.1 Introduction
    8.2 Cloud
    8.3 On-Premises

9 Global Trade Management Market Analysis,  By Organization Size (Page No. - 54)
    9.1 Introduction
    9.2 Small and Medium-Sized Enterprises
    9.3 Large Enterprises

10 Global Trade Management Market Analysis, By Vertical (Page No. - 58)
     10.1 Introduction
     10.2 Transportation and Logistics
     10.3 Government and Public
     10.4 Healthcare and Life Sciences
     10.5 Aerospace and Defense
     10.6 Manufacturing
     10.7 Consumer Goods and Retail
     10.8 Energy and Utilities
     10.9 Others

11 Geographic Analysis (Page No. - 66)
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 Asia Pacific
     11.5 Middle East and Africa
     11.6 Latin America

12 Competitive Landscape (Page No. - 92)
     12.1 Introduction
             12.1.1 Vanguards
             12.1.2 Innovators
             12.1.3 Dynamic
             12.1.4 Emerging
     12.2 Competitive Benchmarking
             12.2.1 Product Offerings (For All 25 Players)
             12.2.2 Business Strategies (For All 25 Players)

13 Company Profiles (Page No. - 96)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     13.1 Amber Road, Inc.
     13.2 Aptean, Inc.
     13.3 Integration Point, Inc.
     13.4 Livingston International, Inc.
     13.5 MIC Customs Solutions
     13.6 MIQ Logistics
     13.7 Oracle Corporation
     13.8 Precision Software
     13.9 QuestaWeb, Inc.
     13.10 SAP SE
     13.11 The Descartes Systems Group, Inc.
     13.12 Thomson Reuters Corporation

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 135)
     14.1 Industry Excerpts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details


List of Tables (81 Tables)

Table 1 Global Trade Management Market Size and Growth, 2015–2022 (USD Million, Y-O-Y %)
Table 2 Global Trade Management Market Size, By Component, 2015–2022 (USD Million)
Table 3 Solutions: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 4 Trade Function: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 5 Import/Export Management: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 6 Vendor Management: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 7 Others: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 8 Trade Compliance: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 9 Duty Management: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 10 Risk and Quality Management: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 11 Supply Chain Visibility: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 12 Trade Finance: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 13 Insurance Management: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 14 Invoice Management: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 15 Others: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 16 Global Trade Management Market Size, By Service, 2015–2022 (USD Million)
Table 17 Consulting: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 18 Implementation: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 19 Support and Maintenance: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 20 Global Trade Management Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 21 Cloud: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 22 On-Premises: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 23 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Table 24 Global Trade Management Market Size, By Organization Size, 2015–2022 (USD Million)
Table 25 Small and Medium-Sized Enterprises: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 26 Large Enterprises: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 27 Global Trade Management Market Size, By Vertical, 2015–2022 (USD Million)
Table 28 Transportation and Logistics: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 29 Government and Public: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 30 Healthcare and Life Sciences: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 31 Aerospace and Defense: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 32 Manufacturing: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 33 Consumer Goods and Retail: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 34 Energy and Utilities: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 35 Others: Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 36 Global Trade Management Market Size, By Region, 2015–2022 (USD Million)
Table 37 North America: Global Trade Management Market Size, By Component, 2015–2022 (USD Million)
Table 38 North America: Global Trade Management Market Size, By Solution, 2015–2022 (USD Million)
Table 39 North America: Global Trade Management Market Size, By Trade Function, 2015–2022 (USD Million)
Table 40 North America: Global Trade Management Market Size, By Trade Compliance, 2015–2022 (USD Million)
Table 41 North America: Global Trade Management Market Size, By Trade Finance, 2015–2022 (USD Million)
Table 42 North America: Global Trade Management Market Size, By Service, 2015–2022 (USD Million)
Table 43 North America: Global Trade Management Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 44 North America: Global Trade Management Market Size, By Organization Size, 2015–2022 (USD Million)
Table 45 North America: Global Trade Management Market Size, By Vertical, 2015–2022 (USD Million)
Table 46 Europe: Global Trade Management Market Size, By Component, 2015–2022 (USD Million)
Table 47 Europe: Global Trade Management Market Size, By Solution, 2015–2022 (USD Million)
Table 48 Europe: Global Trade Management Market Size, By Trade Function, 2015–2022 (USD Million)
Table 49 Europe: Global Trade Management Market Size, By Trade Compliance, 2015–2022 (USD Million)
Table 50 Europe: Global Trade Management Market Size, By Trade Finance, 2015–2022 (USD Million)
Table 51 Europe: Global Trade Management Market Size, By Service, 2015–2022 (USD Million)
Table 52 Europe: Global Trade Management Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 53 Europe: Global Trade Management Market Size, By Organization Size, 2015–2022 (USD Million)
Table 54 Europe: Global Trade Management Market Size, By Vertical, 2015–2022 (USD Million)
Table 55 Asia Pacific: Global Trade Management Market Size, By Component, 2015–2022 (USD Million)
Table 56 Asia Pacific: Global Trade Management Market Size, By Solution, 2015–2022 (USD Million)
Table 57 Asia Pacific: Global Trade Management Market Size, By Trade Function, 2015–2022 (USD Million)
Table 58 Asia Pacific: Global Trade Management Market Size, By Trade Compliance, 2015–2022 (USD Million)
Table 59 Asia Pacific: Global Trade Management Market Size, By Trade Finance, 2015–2022 (USD Million)
Table 60 Asia Pacific: Global Trade Management Market Size, By Service, 2015–2022 (USD Million)
Table 61 Asia Pacific: Global Trade Management Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 62 Asia Pacific: Global Trade Management Market Size, By Organization Size, 2015–2022 (USD Million)
Table 63 Asia Pacific: Global Trade Management Market Size, By Vertical, 2015–2022 (USD Million)
Table 64 Middle East and Africa: Global Trade Management Market Size, By Component, 2015–2022 (USD Million)
Table 65 Middle East and Africa: Global Trade Management Market Size, By Solution, 2015–2022 (USD Million)
Table 66 Middle East and Africa: Global Trade Management Market Size, By Trade Function, 2015–2022 (USD Million)
Table 67 Middle East and Africa: Global Trade Management Market Size, By Trade Compliance, 2015–2022 (USD Million)
Table 68 Middle East and Africa: Global Trade Management Market Size, By Trade Finance, 2015–2022 (USD Million)
Table 69 Middle East and Africa: Global Trade Management Market Size, By Service, 2015–2022 (USD Million)
Table 70 Middle East and Africa: Global Trade Management Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 71 Middle East and Africa: Global Trade Management Market Size, By Organization Size, 2015–2022 (USD Million)
Table 72 Middle East and Africa: Global Trade Management Market Size, By Vertical, 2015–2022 (USD Million)
Table 73 Latin America: Global Trade Management Market Size, By Component, 2015–2022 (USD Million)
Table 74 Latin America: Global Trade Management Market Size, By Solution, 2015–2022 (USD Million)
Table 75 Latin America: Global Trade Management Market Size, By Trade Function, 2015–2022 (USD Million)
Table 76 Latin America: Global Trade Management Market Size, By Trade Compliance, 2015–2022 (USD Million)
Table 77 Latin America: Global Trade Management Market Size, By Trade Finance, 2015–2022 (USD Million)
Table 78 Latin America: Global Trade Management Market Size, By Service, 2015–2022 (USD Million)
Table 79 Latin America: Global Trade Management Market Size, By Deployment Type, 2015–2022 (USD Million)
Table 80 Latin America: Global Trade Management Market Size, By Organization Size, 2015–2022 (USD Million)
Table 81 Latin America: Global Trade Management Market Size, By Vertical, 2015–2022 (USD Million)
 
 
List of Figures (54 Figures)
 
Figure 1 Global Trade Management Market: Market Segmentation
Figure 2 Regional Scope
Figure 3 GTM Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Data Triangulation
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Global Trade Management Market: Assumptions
Figure 9 Vendor Dive Matrix: Criteria Weightage
Figure 10 Vendor Dive Matrix
Figure 11 Top 3 Categories for the Global Trade Management Market During the Period of 2017–2022
Figure 12 North America is Expected to Hold the Largest Share of the Global Trade Management Market in 2017
Figure 13 Increased Demand for Managing Complex Global Trade Processes is Expected to Boost the Global Trade Management Market During the Forecast Period
Figure 14 Services Segment to Grow at the Highest CAGR During the Forecast Period
Figure 15 Transportation and Logistics, and North America are Expected to Hold the Largest Market Shares in 2017
Figure 16 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 17 Strategic Benchmarking: New Product Launches and Partnerships
Figure 18 Global Trade Management Service Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 19 Cloud Deployment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 20 Aerospace and Defense Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 21 North America is Expected to Hold the Largest Market Size During the Forecast Period
Figure 22 Regional Snapshot: Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 North America: Market Snapshot
Figure 24 Asia Pacific: Market Snapshot
Figure 25 Dive Chart
Figure 26 Amber Road, Inc.: Company Snapshot (2016)
Figure 27 Amber Road, Inc.: Product Offering Scorecard
Figure 28 Amber Road, Inc.: Business Strategy Scorecard
Figure 29 Aptean, Inc.: Product Offering Scorecard
Figure 30 Aptean, Inc.: Business Strategy Scorecard
Figure 31 Integration Point, Inc.: Product Offering Scorecard
Figure 32 Integration Point, Inc.: Business Strategy Scorecard
Figure 33 Livingston International, Inc.: Product Offering Scorecard
Figure 34 Livingston International, Inc.: Business Strategy Scorecard
Figure 35 MIC Customs Solutions: Product Offering Scorecard
Figure 36 MIC Customs Solutions: Business Strategy Scorecard
Figure 37 MIQ Logistics: Product Offering Scorecard
Figure 38 MIQ Logistics: Business Strategy Scorecard
Figure 39 Oracle Corporation: Company Snapshot (2016)
Figure 40 Oracle Corporation: Product Offering Scorecard
Figure 41 Oracle Corporation: Business Strategy Scorecard
Figure 42 Precision Software: Product Offering Scorecard
Figure 43 Precision Software: Business Strategy Scorecard
Figure 44 QuestaWeb, Inc.: Product Offering Scorecard
Figure 45 QuestaWeb, Inc.: Business Strategy Scorecard
Figure 46 SAP SE: Company Snapshot (2016)
Figure 47 SAP SE: Product Offering Scorecard
Figure 48 SAP SE: Business Strategy Scorecard
Figure 49 The Descartes Systems Group, Inc.: Company Snapshot (2016)
Figure 50 The Descartes Systems Group, Inc.: Product Offering Scorecard
Figure 51 The Descartes Systems Group, Inc.: Business Strategy Scorecard
Figure 52 Thomson Reuters Corporation: Company Snapshot (2016)
Figure 53 Thomson Reuters Corporation: Product Offering Scorecard
Figure 54 Thomson Reuters Corporation: Business Strategy Scorecard

The global trade management market is expected to grow from USD 645.2 Million in 2017 to USD 1,034.2 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 9.9%. Several factors such as increasing complexities in global trade, changing government rules and regulations pertaining to foreign trade, increasing transportation costs, and increasing investment in global logisitics infrastructure are responsible for the growth of the global trade management market. Verticals such as transportation and logistics, aerospace and defense, consumer goods and retail, healthcare and life sciences, and manufacturing have contributed largely to the global trade management market.

The global trade management market is segmented by solution, service, deployment type, organization size, vertical, and region. The on-premises deployment model has been the preferred deployment model, However, cloud-based global trade management deployment is likely to gain traction during the forecast period and grow at highest CAGR. Cloud-based deployment model reduces the total cost of ownership by cutting down the cost associated with installing hardware to support global trade management solutions. One of the major advantages of the cloud-based deployment model is that it helps the enterprises to know the real-time condition of the trade process from a remote location. Moreover, cloud-based deployment model offers higher agility than the on-premises deployment model. Enterprises are considering cloud deployment as solution providers offer remote global trade management solutions at competitive pricings.

Trade function solutions are estimated to dominate the global trade management solutions market in 2017, while trade compliance solutions are expected to witness the fastest growth during the forecast period from 2017 to 2022. Growing complexities in managing business import/export functions have driven the growth of trade function solutions in the global trade management solutions market. To avoid heavy penalties and brand damage, enterprises are likely to adopt trade compliance solutions to understand the rules and regulations laid down by the concerned authorities of different countries across the world. Global trade management support and maintenance services are expected to gain traction during the forecast period, considering the need to ensure smooth functionality of the solutions over the long run. Moreover, corporate training and support to upgrade advanced solution functionalities are likely to further contribute to the demand for support and maintenance services.

The Small and Medium Enterprises (SMEs) segment is expected to grow at the highest CAGR in the global trade management market during the forecast period. SMEs have been majorly dependent on manual records, spreadsheets, and traditional solutions to manage their global trade processes. This is majorly due to the lack of awareness and budget constraints. However, increasing awareness and digital transformation has influenced SMEs to adopt automated solutions such as global trade management.

Global trade management solutions and services are being increasingly adopted by verticals, such as transportation and logistics, aerospace and defense, heathcare and life sciences, consumer goods and retail, manufacturing, and energy and utilities, to automate and simplify global trade operations, thus, fueling the growth of the global trade management market across the globe. The transportation and logistics vertical is expected to hold the largest market size during the forecast period. However, aerospace and defense and healthcare and life sciences segments are also expected to represent prospective opportunities during the forecast period for global trade management vendors.

Global Trade Management Market

The global trade management market has been segmented by region into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America to provide a region-specific analysis in the report. North America is expected to have the largest market share and is expected to dominate the market from 2017 to 2022, considering the presence of large global trade management vendors in the region. The region is also considered to be one of the most advanced regions with regards to the technology adoption and infrastructure.

Enterprises operating in global trade have been dependent on or are using traditional solutions to manage their trade processes. Moreover, due to the lack of budget, SMEs are highly dependent on manual processes or traditional methods to manage their trade processes. This is one of the major identified restraints affecting the widespread adoption of global trade management in the global market.

The major vendors that offer global trade management solutions and services across the globe are Amber Road, Inc. (US), Aptean (US), Descartes (Canada), SAP SE (Germany), Integration Point, Inc. (US), Oracle (US), Precision Software (US), QuestaWeb, Inc. (US), Livingston International (Canada), MIQ Logistics (US), Thomson Reuters (US), and MIC Customs Solutions (Austria). These vendors have adopted different types of organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions to expand their offerings in the global trade management market.

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