Research and Markets (http://www.researchandmarkets.com/research/hgnwnd/global_trade)
has announced the addition of the "Global
Trade Management Software Market 2014-2018 with Amber Road, GT Nexus &
SAP AG Dominating" report to their offering.
The Global Trade Management Software market will grow at a CAGR of
10.92% to 2018.
One of the major drivers is increasing investment in the domestic supply
chain. The domestic supply chain is considered to be important by many
companies as it generates most of their revenue. Moreover, organizations
are using trade management solutions to keep track of all the components
of the supply hain as well as reduce total landed and operational
costs. Also, enterprises are deploying travel management software to
improve their business processes.
The emergence of cloud-based solutions is a recent trend witnessed in
the market. Enterprises across the globe are increasingly adopting cloud
computing and cloud-based services to meet their requirements.
Enterprises have now realized the cost benefits associated with adopting
cloud-based services. This is because cloud-based services offer various
advantages such as rapid scalability, easy access, uninterrupted
service, and high security. With the emergence of cloud computing,
companies are trying to shift their data onto a hosted system. Thus,
organizations now prefer software through the cloud model instead of
deploying licensed versions of the software on their premises.
Therefore, the emergence of cloud-based solutions is expected to propel
the growth of the market during the forecast period.
Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/hgnwnd/global_trade
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