The Latin America, Middle East and Africa Trade Management Software Market is expected to witness market growth of 11.8% CAGR during the forecast period (2022-2028).
A transparent landed cost strategy helps a company make wise business decisions and spot cost-saving possibilities, and it plays a big part in building profitable and sustainable supply chains. Several businesses adopt GTM largely to cut costs associated with export order screening, expedite shipments, cargo tracking, and decrease human compliance requirements. The effectiveness of the supply chain can be increased by using these solutions. The saved data is instantly and automatically transmitted to both internal and external actors.
Landed costs must be manually entered in the absence of a global trade management system. This implies that decision-making doesn't always take into account actual expenses, like product pricing, refunds, and discounts. Without that transparency, businesses risk losing money on a product they believe is expected to be lucrative. A shipment for import that doesn't have accurate documentation may experience lengthy delays at customs.
The UAE places a strong emphasis on integrity and interpersonal ties. Quality, after-sales support, maintenance needs, and pricing are all receiving more attention. Many businesses are urged to invest time in the market, build a local presence, or, at the very least, establish frequent contacts and visits since the personal ties that are a hallmark of the UAE corporate environment take time to cultivate. It's crucial to interact in person and take part in regional trade shows. The UAE, and Dubai in especially, act as the region's business hub. The UAE organizes a large number of popular conferences and trade shows from late September to early May.
The Brazil market dominated the LAMEA Trade Management Software Market by Country 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $36.9 million by 2028.The Argentina market is experiencing a CAGR of 12.4% during (2022 - 2028). Additionally, The UAE market is expected to display a CAGR of 11.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
A transparent landed cost strategy helps a company make wise business decisions and spot cost-saving possibilities, and it plays a big part in building profitable and sustainable supply chains. Several businesses adopt GTM largely to cut costs associated with export order screening, expedite shipments, cargo tracking, and decrease human compliance requirements. The effectiveness of the supply chain can be increased by using these solutions. The saved data is instantly and automatically transmitted to both internal and external actors.
Landed costs must be manually entered in the absence of a global trade management system. This implies that decision-making doesn't always take into account actual expenses, like product pricing, refunds, and discounts. Without that transparency, businesses risk losing money on a product they believe is expected to be lucrative. A shipment for import that doesn't have accurate documentation may experience lengthy delays at customs.
The UAE places a strong emphasis on integrity and interpersonal ties. Quality, after-sales support, maintenance needs, and pricing are all receiving more attention. Many businesses are urged to invest time in the market, build a local presence, or, at the very least, establish frequent contacts and visits since the personal ties that are a hallmark of the UAE corporate environment take time to cultivate. It's crucial to interact in person and take part in regional trade shows. The UAE, and Dubai in especially, act as the region's business hub. The UAE organizes a large number of popular conferences and trade shows from late September to early May.
The Brazil market dominated the LAMEA Trade Management Software Market by Country 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $36.9 million by 2028.The Argentina market is experiencing a CAGR of 12.4% during (2022 - 2028). Additionally, The UAE market is expected to display a CAGR of 11.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- On-premise
- Cloud
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. LAMEA Trade Management Software Market by Component
Chapter 4. LAMEA Trade Management Software Market by End-use
Chapter 5. LAMEA Trade Management Software Market by Deployment Type
Chapter 6. LAMEA Trade Management Software Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- 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
Methodology
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