The Asia Pacific Trade Management Software Market would witness market growth of 9.5% CAGR during the forecast period (2022-2028).
Companies are in great demand for trade management software as they look to streamline and improve their overall global trade procedures. Nevertheless, in order to remain competitive and grab upcoming potential markets, trade management vendors must keep up with those needs. Every GTM (Global Trade Management) package's main goal is to automate trade activities and handle import and export services.
This is accomplished through the efficient execution of prohibited party screenings and embargo checks, the granting of export and import licences, the creation and filing of trade documentation, and electronic communication with customs authorities. Additionally, it can handle transit as well as customs procedures, facilitate product classification, and identify who qualifies for preferential trade. Additionally, a customized GTM solution can offer a high degree of visibility into landed costs. Without a GTM system, organizations would have to compute these expenses manually that takes a lot of time and is prone to mistakes like missing opportunities for preferential trade that lower tariffs and taxes.
The National Standards Body of India is the Bureau of Indian Standards (BIS), which was established by the Indian Government underneath the BIS Act 2016. The Bureau participates in the smooth growth of the operations of standardization, marking, and quality certification of goods and works under Ministry of Consumer Affairs, Food & Public Distribution. The Food Safety and Standards Authority of India (FSSAI), a separate organization created by the Food Safety and Standards Act within the Ministry of Health and Family Welfare, including the Office of Legal Metrology underneath the Ministry of Consumer Affairs, Food, and Public Distribution, and the Department of Commerce underneath the Ministry of Commerce and Industries (MOCI), oversees the labelling & packaging needs for foods and agricultural products.
The China market dominated the Asia Pacific Trade Management Software Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $159 million by 2028.The Japan market is estimated to grow a CAGR of 8.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 10.2% during (2022 - 2028).
Based on Component, the market is segmented into Software (Without Services) and Services. Based on Software Type, the market is segmented into Trade Visibility & Execution Solutions, Compliance Solutions and Trade Financial Management Solutions. Based on End-use, the market is segmented into Transportation & Logistics, Manufacturing, Government & Defense, Healthcare, Retail, Energy and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Trade Management Software Market is Projected to reach USD 1.9 Billion by 2028, at a CAGR of 9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, SAP SE, The Descartes Systems Group, Inc., QAD, Inc. (Thoma Bravo), E2open Parent Holdings, Inc., Aptean, Inc. (Vista Equity Partners), Livingston International Inc. (Platinum Equity, LLC), and MIC Datenverarbeitung GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Software (Without Services)
- Trade Visibility & Execution Solutions
- Compliance Solutions
- Trade Financial Management Solutions
- Services
By End User
- Transportation & Logistics
- Manufacturing
- Government & Defense
- Healthcare
- Retail
- Energy
- Others
By Deployment Type
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation
- SAP SE
- The Descartes Systems Group, Inc.
- QAD, Inc. (Thoma Bravo)
- E2open Parent Holdings, Inc.
- Aptean, Inc. (Vista Equity Partners)
- Livingston International Inc. (Platinum Equity, LLC)
- MIC Datenverarbeitung GmbH
TABLE 1 Asia Pacific Trade Management Software Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Trade Management Software Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Trade Management Software Market by Component, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Trade Management Software Market by Component, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Software (Without Services) Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Software (Without Services) Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Trade Management Software Market by Software Type, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Trade Management Software Market by Software Type, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Trade Visibility & Execution Solutions Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Trade Visibility & Execution Solutions Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Compliance Solutions Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Compliance Solutions Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Trade Financial Management Solutions Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Trade Financial Management Solutions Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Trade Management Software Market by End-use, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Trade Management Software Market by End-use, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Transportation & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Transportation & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Government & Defense Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Government & Defense Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Retail Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Retail Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Energy Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Energy Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Other End-use Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Other End-use Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Trade Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Trade Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 35 Asia Pacific On-premise Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific On-premise Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Cloud Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Cloud Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Trade Management Software Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Trade Management Software Market by Country, 2022 - 2028, USD Million
TABLE 41 China Trade Management Software Market, 2018 - 2021, USD Million
TABLE 42 China Trade Management Software Market, 2022 - 2028, USD Million
TABLE 43 China Trade Management Software Market by Component, 2018 - 2021, USD Million
TABLE 44 China Trade Management Software Market by Component, 2022 - 2028, USD Million
TABLE 45 China Trade Management Software Market by Software Type, 2018 - 2021, USD Million
TABLE 46 China Trade Management Software Market by Software Type, 2022 - 2028, USD Million
TABLE 47 China Trade Management Software Market by End-use, 2018 - 2021, USD Million
TABLE 48 China Trade Management Software Market by End-use, 2022 - 2028, USD Million
TABLE 49 China Trade Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 50 China Trade Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 51 Japan Trade Management Software Market, 2018 - 2021, USD Million
TABLE 52 Japan Trade Management Software Market, 2022 - 2028, USD Million
TABLE 53 Japan Trade Management Software Market by Component, 2018 - 2021, USD Million
TABLE 54 Japan Trade Management Software Market by Component, 2022 - 2028, USD Million
TABLE 55 Japan Trade Management Software Market by Software Type, 2018 - 2021, USD Million
TABLE 56 Japan Trade Management Software Market by Software Type, 2022 - 2028, USD Million
TABLE 57 Japan Trade Management Software Market by End-use, 2018 - 2021, USD Million
TABLE 58 Japan Trade Management Software Market by End-use, 2022 - 2028, USD Million
TABLE 59 Japan Trade Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 60 Japan Trade Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 61 India Trade Management Software Market, 2018 - 2021, USD Million
TABLE 62 India Trade Management Software Market, 2022 - 2028, USD Million
TABLE 63 India Trade Management Software Market by Component, 2018 - 2021, USD Million
TABLE 64 India Trade Management Software Market by Component, 2022 - 2028, USD Million
TABLE 65 India Trade Management Software Market by Software Type, 2018 - 2021, USD Million
TABLE 66 India Trade Management Software Market by Software Type, 2022 - 2028, USD Million
TABLE 67 India Trade Management Software Market by End-use, 2018 - 2021, USD Million
TABLE 68 India Trade Management Software Market by End-use, 2022 - 2028, USD Million
TABLE 69 India Trade Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 70 India Trade Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 71 South Korea Trade Management Software Market, 2018 - 2021, USD Million
TABLE 72 South Korea Trade Management Software Market, 2022 - 2028, USD Million
TABLE 73 South Korea Trade Management Software Market by Component, 2018 - 2021, USD Million
TABLE 74 South Korea Trade Management Software Market by Component, 2022 - 2028, USD Million
TABLE 75 South Korea Trade Management Software Market by Software Type, 2018 - 2021, USD Million
TABLE 76 South Korea Trade Management Software Market by Software Type, 2022 - 2028, USD Million
TABLE 77 South Korea Trade Management Software Market by End-use, 2018 - 2021, USD Million
TABLE 78 South Korea Trade Management Software Market by End-use, 2022 - 2028, USD Million
TABLE 79 South Korea Trade Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 80 South Korea Trade Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 81 Singapore Trade Management Software Market, 2018 - 2021, USD Million
TABLE 82 Singapore Trade Management Software Market, 2022 - 2028, USD Million
TABLE 83 Singapore Trade Management Software Market by Component, 2018 - 2021, USD Million
TABLE 84 Singapore Trade Management Software Market by Component, 2022 - 2028, USD Million
TABLE 85 Singapore Trade Management Software Market by Software Type, 2018 - 2021, USD Million
TABLE 86 Singapore Trade Management Software Market by Software Type, 2022 - 2028, USD Million
TABLE 87 Singapore Trade Management Software Market by End-use, 2018 - 2021, USD Million
TABLE 88 Singapore Trade Management Software Market by End-use, 2022 - 2028, USD Million
TABLE 89 Singapore Trade Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 90 Singapore Trade Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 91 Malaysia Trade Management Software Market, 2018 - 2021, USD Million
TABLE 92 Malaysia Trade Management Software Market, 2022 - 2028, USD Million
TABLE 93 Malaysia Trade Management Software Market by Component, 2018 - 2021, USD Million
TABLE 94 Malaysia Trade Management Software Market by Component, 2022 - 2028, USD Million
TABLE 95 Malaysia Trade Management Software Market by Software Type, 2018 - 2021, USD Million
TABLE 96 Malaysia Trade Management Software Market by Software Type, 2022 - 2028, USD Million
TABLE 97 Malaysia Trade Management Software Market by End-use, 2018 - 2021, USD Million
TABLE 98 Malaysia Trade Management Software Market by End-use, 2022 - 2028, USD Million
TABLE 99 Malaysia Trade Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 100 Malaysia Trade Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 101 Rest of Asia Pacific Trade Management Software Market, 2018 - 2021, USD Million
TABLE 102 Rest of Asia Pacific Trade Management Software Market, 2022 - 2028, USD Million
TABLE 103 Rest of Asia Pacific Trade Management Software Market by Component, 2018 - 2021, USD Million
TABLE 104 Rest of Asia Pacific Trade Management Software Market by Component, 2022 - 2028, USD Million
TABLE 105 Rest of Asia Pacific Trade Management Software Market by Software Type, 2018 - 2021, USD Million
TABLE 106 Rest of Asia Pacific Trade Management Software Market by Software Type, 2022 - 2028, USD Million
TABLE 107 Rest of Asia Pacific Trade Management Software Market by End-use, 2018 - 2021, USD Million
TABLE 108 Rest of Asia Pacific Trade Management Software Market by End-use, 2022 - 2028, USD Million
TABLE 109 Rest of Asia Pacific Trade Management Software Market by Deployment Type, 2018 - 2021, USD Million
TABLE 110 Rest of Asia Pacific Trade Management Software Market by Deployment Type, 2022 - 2028, USD Million
TABLE 111 Key Information – Oracle Corporation
TABLE 112 Key Information – SAP SE
TABLE 113 Key Information – The Descartes Systems Group, Inc.
TABLE 114 Key Information – QAD, Inc.
TABLE 115 Key information – E2open Parent Holdings, Inc.
TABLE 116 Key Information – Aptean, Inc.
TABLE 117 Key Information – Livingston International Inc.
TABLE 118 Key Information – MIC Datenverarbeitung GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Oracle Corporation
FIG 3 SWOT analysis: Oracle Corporation
FIG 4 SWOT Analysis: SAP SE