The Multichannel Order Management market is expected to grow from USD 2.2 billion in 2020 to USD 5.06 billion by 2028, at a CAGR of 11% during the forecast period 2021-2028.
A multichannel order management system (MOM) is business-to-business software designed to help various dealers sell their products and promote their online businesses. The executive's preparations for multichannel requests are primarily meant to assist in combining orders from many channels into a single list and posting the most recent costs across all business diverts during cost adjustments. For most multichannel demands, the executive's arrangements are used for basic necessities, and the board arrangement is used to operate as a business. In addition, as the internet market develops, associations, particularly retail places, are gaining innovative developments, such as huge data analysis, computerized retail, distributed computing, and web-based media companies to bring in clients and expand their client base effectively. Because of the increased competition in the industry, businesses are focusing on enhancing customer experience, as there is a significant difference among a large range of web-based purchasing options.
There are several factors driving the market growth. After implementing these systems, businesses become more flexible and adaptable, which is likely to drive market growth during the forecast period. The demand for scalability is steadily increasing, resulting in an increase in multichannel selling and a greater need for multichannel order management (MOM) systems inside businesses. Multichannel order management systems are in high demand across the world since they are less expensive than traditional solutions. Cloud-based solutions' benefits, such as scalability and minimal maintenance costs, are projected to create attractive market development prospects. In the next years, concerns over data privacy and security are likely to hamper the market growth.
This study delivers a comprehensive analysis of deployment, size, and region. The deployment segment includes cloud and on-premise. The cloud held the largest market share, as it allows both resiliency and risk minimization, which isn't possible with on-premises infrastructure. The size segment includes large enterprises and small and medium-sized enterprises. The large enterprises segment held the largest market share, as they are focused on numerous channels to reach a wide number of customers and satisfy their expectations.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia Pacific held the largest market share in 2020. Shopping malls, grocery shops, supermarkets, convenience shops, and hypermarkets are all undergoing a digital makeover in the Asia Pacific area in order to stay competitive in the future generation of purchasing. The retail experience is largely being intended to be smooth, fast, and easy with the arrival of technology advances in the market, such as face recognition, rapid-fire delivery, digital payments, big data, and shopping experiences suited to the requirements of consumers. These innovations have transformed the brick-and-mortar retail experience by combining the physicality and accountability of an offline store with the speed and convenience of internet buying. During the forecast period, these factors are likely to increase demand for order management solutions. In addition, India's retail sector is rather unstructured. There is a requirement for the efficient supply chain management. Rising urbanization, greater disposable incomes, growing consumption, and the nuclear family structure, among other reasons, are driving the rise of organized commerce in India. These factors are likely to increase the demand for order management solutions in the nation.
Some of the notable players in the market are Aptean, Brightpearl, Browntape Technologies, Cloud Commerce Pro Ltd, Delhivery Pvt Ltd, Etail Solutions, EMERGE App & Higher Identity Technology Pte Ltd., Freestyle Solutions, HCL Technologies Limited, IBM Corporation, Linnworks, Newfold Digital Inc., Oracle Corporation, SAP SE, Salesforce.com Inc., Stitch Labs, Selro Ltd., SellerActive Inc., SalesWarp, Contalog, SKUSUITE INC., QuickBooks Commerce, Unicommerce eSolutions Pvt. Ltd., Vinculum Solutions Pvt. Ltd., and Zoho Corporation Pvt. Ltd.
Multichannel Order Management Market Analysis and Forecast, Deployment
Multichannel Order Management Market Analysis and Forecast, Size
Multichannel Order Management Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Deployment
4.3.2. Market Attractiveness Analysis By Size
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Growth in multichannel selling
5.2.2. Low operational and initial costs
5.2.3. Rapidly growing number of internet users
5.3. Restraints
5.3.1. Security and Privacy Concerns
6. Global Multichannel Order Management Market Analysis and Forecast, By Deployment
6.1. Segment Overview
6.2. Cloud
6.3. On-premise
7. Global Multichannel Order Management Market Analysis and Forecast, By Size
7.1. Segment Overview
7.2. Large Enterprises
7.3. Small and Medium-Sized Enterprises
8. Global Multichannel Order Management Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Multichannel Order Management Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Multichannel Order Management Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Aptean
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Brightpearl
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Browntape Technologies
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Cloud Commerce Pro Ltd
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Delhivery Pvt Ltd
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Etail Solutions
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. EMERGE App & Higher Identity Technology Pte Ltd.
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Freestyle Solutions
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. HCL Technologies Limited
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. IBM Corporation
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Linnworks
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Newfold Digital Inc.
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Oracle Corporation
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. SAP SE
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. Salesforce.com Inc.
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. Stitch Labs
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
10.17. Selro Ltd.
10.17.1. Business Overview
10.17.2. Company Snapshot
10.17.3. Company Market Share Analysis
10.17.4. Company Product Portfolio
10.17.5. Recent Developments
10.17.6. SWOT Analysis
10.18. SellerActive Inc.
10.18.1. Business Overview
10.18.2. Company Snapshot
10.18.3. Company Market Share Analysis
10.18.4. Company Product Portfolio
10.18.5. Recent Developments
10.18.6. SWOT Analysis
10.19. SalesWarp
10.19.1. Business Overview
10.19.2. Company Snapshot
10.19.3. Company Market Share Analysis
10.19.4. Company Product Portfolio
10.19.5. Recent Developments
10.19.6. SWOT Analysis
10.20. Contalog
10.20.1. Business Overview
10.20.2. Company Snapshot
10.20.3. Company Market Share Analysis
10.20.4. Company Product Portfolio
10.20.5. Recent Developments
10.20.6. SWOT Analysis
10.21. SKUSUITE INC.
10.21.1. Business Overview
10.21.2. Company Snapshot
10.21.3. Company Market Share Analysis
10.21.4. Company Product Portfolio
10.21.5. Recent Developments
10.21.6. SWOT Analysis
10.22. QuickBooks Commerce
10.22.1. Business Overview
10.22.2. Company Snapshot
10.22.3. Company Market Share Analysis
10.22.4. Company Product Portfolio
10.22.5. Recent Developments
10.22.6. SWOT Analysis
10.23. Unicommerce eSolutions Pvt. Ltd
10.23.1. Business Overview
10.23.2. Company Snapshot
10.23.3. Company Market Share Analysis
10.23.4. Company Product Portfolio
10.23.5. Recent Developments
10.23.6. SWOT Analysis
10.24. Vinculum Solutions Pvt. Ltd.
10.24.1. Business Overview
10.24.2. Company Snapshot
10.24.3. Company Market Share Analysis
10.24.4. Company Product Portfolio
10.24.5. Recent Developments
10.24.6. SWOT Analysis
10.25. Zoho Corporation Pvt. Ltd.
10.25.1. Business Overview
10.25.2. Company Snapshot
10.25.3. Company Market Share Analysis
10.25.4. Company Product Portfolio
10.25.5. Recent Developments
10.25.6. SWOT Analysis
List of Table
1. Global Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
2. Global Cloud, Multichannel Order Management Market, By Region, 2018-2028 (USD Billion)
3. Global On-premise, Multichannel Order Management Market, By Region, 2018-2028 (USD Billion)
4. Global Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
5. Global Large Enterprises, Multichannel Order Management Market, By Region, 2018-2028 (USD Billion)
6. Global Small and Medium-Sized Enterprises, Multichannel Order Management Market, By Region, 2018-2028 (USD Billion)
7. North America Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
8. North America Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
9. U.S. Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
10. U.S. Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
11. Canada Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
12. Canada Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
13. Mexico Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
14. Mexico Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
15. Europe Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
16. Europe Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
17. Germany Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
18. Germany Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
19. France Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
20. France Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
21. U.K. Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
22. U.K. Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
23. Italy Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
24. Italy Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
25. Spain Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
26. Spain Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
27. Asia Pacific Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
28. Asia Pacific Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
29. Japan Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
30. Japan Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
31. China Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
32. China Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
33. India Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
34. India Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
35. South America Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
36. South America Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
37. Brazil Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
38. Brazil Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
39. Middle East and Africa Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
40. Middle East and Africa Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
41. UAE Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
42. UAE Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
43. South Africa Multichannel Order Management Market, By Deployment, 2018-2028 (USD Billion)
44. South Africa Multichannel Order Management Market, By Size, 2018-2028 (USD Billion)
List of Figures
1. Global Multichannel Order Management Market Segmentation
2. Global Multichannel Order Management Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Multichannel Order Management Market Attractiveness Analysis By Deployment
9. Global Multichannel Order Management Market Attractiveness Analysis By Size
10. Global Multichannel Order Management Market Attractiveness Analysis By Region
11. Global Multichannel Order Management Market: Dynamics
12. Global Multichannel Order Management Market Share by Deployment (2021 & 2028)
13. Global Multichannel Order Management Market Share by Size (2021 & 2028)
14. Global Multichannel Order Management Market Share by Regions (2021 & 2028)
15. Global Multichannel Order Management Market Share by Company (2020)
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
Market research is valuable because of the following reasons:
Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.
Our market research process involves with the four specific stages.
Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:
Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:
Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.
This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.
Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.
Free Customization
Countries can be added on demand
Free yearly update on purchase of Multi/Corporate User License
Companies served till date
We serve our customers 24x7 for 365 days through calls, emails and live chat options.
Huge database of exceptional market reports bringing market intelligence to your fingertips.
SSL enabled, we offer you various secured payment options for risk free purchase.