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3. Leading Companies in Trade Management Industry - Oracle (US), Infor (US) Thomson Reuters (US), Bolero International (UK) and Global Custom Compliance (China)

MarketsandMarkets forecasts the global trade management market size is expected to grow USD 0.9 billion in 2022 to USD 1.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period.

Top Trade Management Key Companies 2024 included as:

• Oracle (US)
• Infor (US)
• Thomson Reuters (US)
• Bolero International (UK)
• Global Custom Compliance (China)

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

Oracle offers goods and services that cover all facets of business IT, including platforms, applications, and infrastructures. Product lifecycle management, supply chain planning, procurement, logistics, management, manufacturing, and maintenance management are just a few of the solutions the organisation offers to manage supply networks. It provides options for effective logistics management, including GTM, warehouse management, and transportation management. Additionally, it provides a variety of products and services for a number of industries, including utilities, technology, manufacturing, communications, retail, and financial services. The Americas, Europe, Middle East and Africa, and Asia Pacific are just a few of the regions where the organisation offers its solutions and services.

Infor offers GT Nexus platform to assist businesses in managing production and monitoring goods while in transit and at rest; Birst Analytics, a doud-based platform for networked business intelligence; maintenance and technical support programmes, such as product upgrades, updates, and corrections for the software under maintenance; as well as other technical support and consulting services; and its in-house supply chain management products. It offers its industry-specific and other enterprise software products and related services primarily to large enterprises and small-to-medium-sized companies in various industries, such as manufacturing, distribution, healthcare, public sector, retail, and hospitality industries.

Thomson Reuters, a leading global provider of data and analytics solutions, plays a significant role in the trade management market. Leveraging its comprehensive suite of tools, Thomson Reuters offers tailored solutions for trade compliance, risk management, and market intelligence. With a focus on real-time market data, regulatory insights, and sophisticated risk analysis tools, Thomson Reuters enables businesses to optimize trade operations, ensure compliance with global regulations, and make informed decisions. Their solutions integrate seamlessly with existing systems, providing end-to-end visibility and control over trade transactions, thereby helping organizations navigate the complexities of international trade effectively.

Bolero International, headquartered in the UK, is a renowned player in the trade management market, specializing in trade finance and digital documentation solutions. With a strong emphasis on digitization, Bolero International offers innovative solutions that streamline trade finance workflows, facilitate secure document exchange, and provide end-to-end visibility and control over trade transactions. Their expertise in digital documentation enables businesses to optimize trade finance operations, mitigate risks, and ensure compliance with regulatory requirements. Bolero International's solutions empower organizations to enhance efficiency, reduce costs, and streamline trade processes, making them a trusted partner for businesses navigating the complexities of international trade.

Global Custom Compliance, based in China, is a key player in the trade management market, specializing in trade compliance and regulatory solutions tailored for businesses operating in China and globally. With a focus on automating customs compliance processes, ensuring accurate tariff classification, and streamlining import/export documentation, Global Custom Compliance enables businesses to navigate complex trade regulations efficiently. Their solutions help organizations mitigate compliance risks, improve operational efficiency, and optimize trade processes, making them a trusted partner for businesses seeking to ensure compliance and enhance competitiveness in the global marketplace.

Related Reports:

Trade management Market by Component (Solutions, and Services), Deployment Mode (On-Premises, and Cloud), Organization Size (Large enterprises, Small and medium-sized enterprises), Vertical and Region - Global Forecast to 2027