PUBLISHER: Allied Market Research | PRODUCT CODE: 1225127
PUBLISHER: Allied Market Research | PRODUCT CODE: 1225127
The multichannel order management market was valued at $2,537.0 million in 2021 and is projected to reach $6,543.3 million by 2031, registering a CAGR of 10.1% from 2022 to 2031. The company's online and offline sales channels are all centralized by multichannel order management solutions. Regardless of the origin or kind of order, the program offers a single picture of all the orders. The program enables the sales staff to improve customer service by ensuring that all order statuses are correct and readily available.
Due to the increased need for multichannel sales as well as the development of cloud computing and machine learning technologies, the multichannel order management market is anticipated to expand significantly over the course of the projected period. The market has grown as a result of the boom in e-commerce and digital retail, as well. However, the main issue impeding market growth is a lack of technological know-how, data breaches, and leaks of sensitive information. Contrarily, throughout the projected period, the need for multichannel order management with complete inventory & order visibility is anticipated to drive market growth.
The global multichannel order management market research is segmented into components, organization size, deployment mode, application end-use vertical, and regions. Based on components, the market is bifurcated into software and services. By organization size, it is divided into large enterprises and small & medium-sized enterprises (SMEs). The deployment mode is segmented into on-premises and cloud-based. Based on application, the multichannel order management market is categorized into order fulfillment, inventory management, channel integration, and others. Based on the end-use vertical the market is segmented into retail, manufacturing, transportation & logistics, and others.
Region-wise, the advanced distribution management system market trends are analyzed across North America (U.S. and Canada), Europe (Germany, Italy, France, Spain, UK, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Key players operating in the market Brightpearl, Inc., Cloud Commerce Pro Ltd., Delhivery Pvt. Ltd., HCL Technologies Limited, IBM Corporation, Newfold Digital Inc., Oracle Corporation, Salesforce.com, Inc., SAP SE and Zoho Corporation.
Key Benefits For Stakeholders
By Component
By Organization Size
By Deployment Mode
By Application
By End Use Vertical
By Region