Multichannel Order Management Market - Global Industry Analysis

Multichannel Order Management Market - By Vertical (Retail, E-Commerce, Wholesale, Manufacturing, and Healthcare), By Component (Software and Services), By Deployment Mode (Cloud and On-Premise), By Organization Size (Large Enterprises and SMEs), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 14-Jul-2021 Category: Technology & Media Report Format : PDF Pages: 120 Report Code: ZMR-6480 Status : Published

The global Multichannel Order Management market accrued earnings worth approximately 2.1(USD Billion) in 2020 and is predicted to gain revenue of about 5.2(USD Billion) by 2028, is set to record a CAGR of nearly 11.3% over the period from 2021 to 2028.

Description

The global Multichannel Order Management market accrued earnings worth approximately 2.1(USD Billion) in 2020 and is predicted to gain revenue of about 5.2(USD Billion) by 2028, is set to record a CAGR of nearly 11.3% over the period from 2021 to 2028. The report offers assessment and analysis of the Multichannel Order Management market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Multichannel Order Management Market: Overview

Multichannel order management (MOM) is a B2B software developed for different traders for selling their products along with focusing on their ecommerce business. These multichannel order management solutions are designed for helping integration of orders from different channels into similar catalogue along with posting current prices across various sales channels at time of price changes. Thriving online purchase activities along with online retailing as well as massive use of social media & cloud computing tools will create new growth avenues for multichannel order management business over upcoming years. Large-scale requirement of firms on enhancing end-user experience and steep rise in competition among the players will culminate into humungous business growth over upcoming years.

Multichannel Order Management Market: Growth Drivers

Large-scale acceptance of MOM software services in firms is high owing to its myriad benefits such as simplified architecture, enhanced operational proficiency, ease of deployment, and improved customer experience. These features will assist multichannel order management market explore new growth dimensions in foreseeable future. In addition to this, increase in sales at retail stores and online shopping activities will expedite business growth over the years ahead. With firms trying to become more flexible in its functioning, there is higher demand for scalability resulting in constant surge in multichannel selling, thereby culminating in large-scale adoption of MOM services in various industries. With multichannel order management solutions proving to be cost-efficient as compared to other conventional solutions, market for multichannel order management is likely to expand leaps & bounds during forecast timespan.

Moreover, a prominent rise in popularity of multichannel order management services due to increase in internet users in countries such as China and India will promulgate expansion of multichannel order management industry over the upcoming years. Low operating costs and multichannel selling will further contribute towards overall market size.

Cloud To Dominate Deployment Mode Segment During 2021-2028

Large number of customers prefer cloud as mode of deployment as it facilitate risk reduction and resiliency. Apart from this, cloud used as a mode of deployment provides various benefits such as cost-efficiency, scalability, installation ease, and adaptability. In addition to this, low cost and effective operating of cloud services has enhanced its popularity among end-users.

Large Enterprises Sector To Make Notable Contributions Towards Market Volume By 2028

The growth of large enterprises segment over forecast timespan can be credited to massive focus of giant firms on use of multiple channels to expand its global reach along with fulfilling customer demand. Furthermore, large firms receive many orders from multiple channels and try to prevent occurrence of issues related to inventory management & Omni-channels by making use of multichannel order management services.

Asia Pacific Market To Register Highest CAGR Over 2021-2028

The expansion of multichannel order management industry in Asia Pacific during assessment period can be attributed to humungous demand for cloud solutions in countries such as Japan, India, South Korea, and China. Technological breakthroughs in slew of industries in sub-continent and strong demand for multichannel order management services in the region will drive regional market trends.

Competitive Insights

Key players profiled in the study and leveraging growth of multichannel order management industry include IBM Corporation, Delivery Private Limited, SalesWarp, GeekSeller, Newfold Digital Inc., Etail Solutions, Zoho Corporation Private Limited, HCL Technologies Limited, SAP SE, SKUSUITE Inc., ManageEcom, and EMERGE App & Higher Identity Technology Private Limited.

The global Multichannel Order Management Market is segmented as follows:

By Deployment Mode

  • Cloud
  • On-Premise

By Vertical

  • E-Commerce
  • Wholesale
  • Retail
  • Manufacturing
  • Healthcare

By Component

  • Software
  • Services

By Organization Size

  • Large Enterprises
  • SMEs

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Multichannel Order Management Market, 2018–2028(USD Billion)
    • 2.2. Multichannel Order Management Market: Snapshot
  • Chapter 3. Global Multichannel Order Management Market– Deployment Mode Analysis
    • 3.1. Multichannel Order Management Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Large-scale acceptance of MOM software sulutions in firms is high due to its myriad benefits such as simplified architecture, improved operational efficiency, installation ease, and enhanced end-user experience. These features will assist multichannel order management market explore new growth avenues in near future.
      • 3.2.2. Surge in sales at retail stores and online shopping activities will expedite business sphere in the years ahead.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By End-User
      • 3.4.2. Market attractiveness analysis By Vertical
      • 3.4.3. Market attractiveness analysis By Component
      • 3.4.4. Market attractiveness analysis By Organization Size
  • Chapter 4. Global Multichannel Order Management Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Multichannel Order Management Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Service launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Multichannel Order Management Market– Deployment Mode Analysis
    • 5.1. Global Multichannel Order Management Market overview: By Deployment Mode
      • 5.1.1. Global Multichannel Order Management Market share, By Deployment Mode, 2020 and 2028
    • 5.2. Cloud
      • 5.2.1. Global Multichannel Order Management Market by Cloud , 2018–2028(USD Billion)
    • 5.3. On-Premise
      • 5.3.1. Global Multichannel Order Management Market by On-Premise, 2018–2028(USD Billion)
  • Chapter 6. Global Multichannel Order Management Market– Organization Size Analysis
    • 6.1. Global Multichannel Order Management Market overview: By Organization Size
      • 6.1.1. Global Multichannel Order Management Market share, By Organization Size, 2020 and 2028
    • 6.2. Large Enterprises
      • 6.2.1. Global Multichannel Order Management Market by Large Enterprises, 2018–2028(USD Billion)
    • 6.3. SMEs
      • 6.3.1. Global Multichannel Order Management Market by SMEs, 2018–2028(USD Billion)
  • Chapter 7. Global Multichannel Order Management Market– Vertical Analysis
    • 7.1. Global Multichannel Order Management Market overview: By Vertical
      • 7.1.1. Global Multichannel Order Management Market share, By Vertical, 2020 and 2028
    • 7.2. E-Commerce
      • 7.2.1. Global Multichannel Order Management Market by E-Commerce, 2018–2028(USD Billion)
    • 7.3. Whulesale
      • 7.3.1. Global Multichannel Order Management Market by Whulesale, 2018–2028(USD Billion)
    • 7.4. Manufacturing
      • 7.4.1. Global Multichannel Order Management Market by Manufacturing, 2018–2028(USD Billion)
    • 7.5. Healthcare
      • 7.5.1. Global Multichannel Order Management Market by Healthcare, 2018–2028(USD Billion)
    • 7.6. Retail
      • 7.6.1. Global Multichannel Order Management Market by Retail, 2018–2028(USD Billion)
  • Chapter 8. Global Multichannel Order Management Market– Component Analysis
    • 8.1. Global Multichannel Order Management Market overview: By Component
      • 8.1.1. Global Multichannel Order Management Market share, By Component, 2020 and 2028
    • 8.2. Software
      • 8.2.1. Global Multichannel Order Management Market by Software, 2018–2028(USD Billion)
    • 8.3. Services
      • 8.3.1. Global Multichannel Order Management Market by Services, 2018–2028(USD Billion)
  • Chapter 9. Company Profiles
    • 9.1. IBM Corporation
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Service Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Delivery Private Limited
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Service Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. SalesWarp
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Service Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Development
    • 9.4. GeekSeller
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Service Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Development
    • 9.5. Newfuld Digital Inc.
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Service Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. Etail Sulutions
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Service Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
    • 9.7. Zoho Corporation Private Limited
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Service Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. HCL Technulogies Limited
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Service Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. SAP SE
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Service Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development
    • 9.10. SKUSUITE Inc.
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Service Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Development
    • 9.11. EMERGE App & Higher Identity Technology Private Limited
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Service Portfolio
      • 9.11.4. Business Strategy
      • 9.11.5. Recent Development
    • 9.12. ManageEcom
      • 9.12.1. Overview
      • 9.12.2. Financials
      • 9.12.3. Service Portfolio
      • 9.12.4. Business Strategy
      • 9.12.5. Recent Development

List of Figures

1. Market research Type
2. Market research methodology
3. Global Multichannel Order Management Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Multichannel Order Management Marketattractiveness, By End-User
6. Global Multichannel Order Management Marketattractiveness, By Vertical
7. Global Multichannel Order Management Marketattractiveness, By Component
8. Global Multichannel Order Management Marketshare by Deployment Mode,2020 and 2028 (USD Billion)
9. Global Multichannel Order Management Marketby Cloud , 2018–2028(USD Billion)
10. Global Multichannel Order Management Marketby On-Premise, 2018–2028(USD Billion)
11. Global Multichannel Order Management Marketshare by Organization Size ,2020 and 2028 (USD Billion)
12. Global Multichannel Order Management Marketby Large Enterprises, 2018–2028(USD Billion)
13. Global Multichannel Order Management Marketby SMEs, 2018–2028(USD Billion)
14. Global Multichannel Order Management Marketshare by Vertical ,2020 and 2028 (USD Billion)
15. Global Multichannel Order Management Marketby ECommerce, 2018–2028(USD Billion)
16. Global Multichannel Order Management Marketby Wholesale, 2018–2028(USD Billion)
17. Global Multichannel Order Management Marketby ,Manufacturing, 2018–2028(USD Billion)
18. Global Multichannel Order Management Marketby Healthcare, 2018–2028(USD Billion)
19. Global Multichannel Order Management Marketby Retail, 2018–2028(USD Billion)
20. Global Multichannel Order Management Marketshare by Component ,2020 and 2028 (USD Billion)
21. Global Multichannel Order Management Marketby Software, 2018–2028(USD Billion)
22. Global Multichannel Order Management Marketby Services, 2018–2028(USD Billion)
23. Global Multichannel Order Management Marketshare, by Region, 2020 and 2028
24. North America Multichannel Order Management Market, 2018–2028(USD Billion)
25. Europe Multichannel Order Management Market, 2018–2028(USD Billion)
26. Asia Pacific Multichannel Order Management Market, 2018–2028(USD Billion)
27. Latin America Multichannel Order Management Market, 2018–2028(USD Billion)
28. The Middle East and Africa Multichannel Order Management Market, 2018–2028(USD Billion)


List of Tables

1. Global Multichannel Order Management Market: snapshot
2. Drivers of the Multichannel Order Management Market: impact analysis
3. North America Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
4. North America Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
5. North America Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
6. North America Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
7. The U.S. Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
8. The U.S. Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
9. The U.S. Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
10. The U.S. Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
11. Rest of North America Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
12. Rest of North America Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
13. Rest of North America Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
14. Rest of North America Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
15. Europe Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
16. Europe Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
17. Europe Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
18. Europe Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
19. UK Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
20. UK Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
21. UK Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
22. UK Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
23. France Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
24. France Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
25. France Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
26. France Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
27. Germany Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
28. Germany Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
29. Germany Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
30. Germany Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
31. Rest of Europe Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
32. Rest of Europe Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
33. Rest of Europe Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
34. Rest of Europe Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
35. Asia Pacific Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
36. Asia Pacific Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
37. Asia Pacific Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
38. Asia Pacific Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
39. China Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
40. China Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
41. China Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
42. China Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
43. Japan Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
44. Japan Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
45. Japan Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
46. Japan Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
47. India Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
48. India Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
49. India Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
50. India Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
51. Rest of Asia Pacific Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
52. Rest of Asia Pacific Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
53. Rest of Asia Pacific Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
54. Rest of Asia Pacific Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
55. Latin America Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
56. Latin America Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
57. Latin America Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
58. Latin America Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
59. Brazil Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
60. Brazil Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
61. Brazil Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
62. Brazil Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
63. Rest of Latin America Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
64. Rest of Latin America Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
65. Rest of Latin  America Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
66. Rest of Latin America Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
67. The Middle East and Africa Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
68. The Middle East and Africa Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
69. The Middle East and Africa Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
70. The Middle East and Africa Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
71. Saudi Arabia Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
72. Saudi Arabia Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
73. Saudi Arabia Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
74. Saudi Arabia Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
75. South Africa Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
76. South Africa Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
77. South Africa Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
78. South Africa Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)
79. Rest of the Middle East & Africa Multichannel Order Management Market revenue, By Deployment Mode ,2018–2028(USD Billion)
80. Rest of the Middle East & Africa Multichannel Order Management Market revenue, By Vertical  ,2018–2028(USD Billion)
81. Rest of the Middle East & Africa Multichannel Order Management Market revenue, By Component  ,2018–2028(USD Billion)
82. Rest of the Middle East and Africa Multichannel Order Management Market revenue, By Organization Size  ,2018–2028(USD Billion)

   
 
 

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FrequentlyAsked Questions

Large-scale acceptance of MOM software solutions in firms is high due to its myriad benefits such as simplified architecture, improved operational efficiency, installation ease, and enhanced end-user experience. These features will assist multichannel order management market explore new growth avenues in near future. Apart from this, surge in sales at retail stores and online shopping activities will expedite business sphere in the years ahead. With organizations trying to become more flexible in its functioning, there is higher demand for scalability resulting in consistent surge in multichannel sales, thereby culminating in huge acceptance of MOM services in myriad sectors. With multichannel order management solutions proving to be cost-effective in comparison to other conventional services, market for multichannel order management is projected to expand leaps & bounds during forecast timespan.

Furthermore, a prominent increase in popularity of multichannel order management services due to increase in number of web users in countries such as China and India will promulgate expansion of multichannel order management industry over the upcoming years. Low operating costs and multichannel selling will further contribute towards overall market size.    

According to Zion market research report, the global Multichannel Order Management market accrued earnings worth approximately 2.1(USD Billion) in 2020 and is predicted to gain revenue of about 5.2(USD Billion) by 2028, is set to record a CAGR of nearly 11.3% over the period from 2021 to 2028.

Asia Pacific will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to humungous demand for cloud solutions in countries such as Japan, India, South Korea, and China. Technological breakthroughs in slew of industries in sub-continent and strong demand for multichannel order management services in the region will drive regional market trends.

 

The key market participants include IBM Corporation, Delivery Private Limited, SalesWarp, GeekSeller, Newfold Digital Inc., Etail Solutions, Zoho Corporation Private Limited, HCL Technologies Limited, SAP SE, SKUSUITE Inc., ManageEcom, and EMERGE App & Higher Identity Technology Private Limited.

Cloud is the deployment mode which will be preferred by end-users and will contribute majorly towards multichannel order management market size over the upcoming years.

Large enterprises will lead organizational size sector during forecast timeline subject to large-scale highlight of giant firms on use of multiple channels for extending its global reach along with fulfilling consumer demand. Furthermore, large organizations receive many orders from multiple channels and try prevention of incurrence of issues pertaining to inventory management & Omni-channels by making optimum utilization of multichannel order management solutions.

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