"Smart Strategies, Giving Speed to your Growth Trajectory"

Multichannel Order Management Market Size, Share and Analysis By Component (Solutions, Services), By Deployment (On-premise, Cloud), By Enterprise Size (Small & Medium Size Enterprise, Large Enterprise), By Application (Healthcare, Manufacturing, Food & Beverages, Automotive, Retail & eCommerce, Others) and Geography Forecast till 2023-2030

Region : Global | Report ID: FBI106608 | Status : Ongoing

 

KEY MARKET INSIGHTS

Growth in the retail and online shopping industries, particularly in emerging markets, is driving the global multichannel order management market. Furthermore, as companies become more innovative and flexible, the requirement for scalability increases, increasing multichannel selling and a greater need for multichannel order management (MOM) inside companies.  In addition, the significant expansion in the number of internet users is driving demand for multichannel order management (MOM) in markets like India and China, where internet usage continues to accelerate. Cloud-based solutions, such as scalability and cheaper maintenance costs, drive their growth. These reasons are expected to contribute to the worldwide multichannel order management market's growth.


Furthermore, the market is being driven by technical improvements connected to the digital transformation in numerous industries, increasing smartphone penetration worldwide, rising internet users, and the use of diverse sales channels by various enterprises. For instance, in 2020, According to Malaysia Communications and Multimedia Commission, as per the internet user survey, 88.7% of the population are using the internet, which is a 1.3% increase from 87.4% in 2018.


Impact Of Covid-19 On The Multichannel Order Management Market


The COVID-19 pandemic has positively impacted the multichannel order management market. During the lockdown, the use of digital channels increased dramatically. Companies' digital experiences will need to reflect changing ways of living and working. Customers' post-crisis expectations for digital experiences will continue to climb as they go digital and stay digital. Due to lockdowns in various regions, organizations see dramatic changes in online sales. As a result, enterprises offer multiple options and platforms for online shopping to reach customers and deliver goods to their homes. For Instance, According to India Brand Equity Foundation, India’s e-commerce order volume increased by 36% in 2020.


Key Insights-


The report will cover the following insights-



  • Micro Macro Economic Indicators

  • Drivers, Restraints, Opportunities, and Trends

  • Impact of Covid-19

  • Business Strategies Adopted by Key Players

  • Consolidated SWOT Analysis of Key Players


Analysis by Application-


Healthcare & Ecommerce Industry to Boost Market Growth


The retail and e-commerce segments will have the most significant market share with the growth of the internet market. Retail retailers are adopting cutting-edge technologies like cloud computing and big data analytics, which provide benefits including greater operational efficiency, easy architecture, flexible deployment, faster deployment time-to-market, and improved consumer experience. For instance, according to the U.S. Department of Commerce, total retail sales were predicted to be $1,666.8 billion in the second quarter of 2021, increasing 5.2% from the first quarter. The e-commerce estimate for the second quarter of 2021 increased 9.1% from the second quarter of 2020, while total retail sales increased 28.2%.


Regional Analysis-


To gain extensive insights into the market, Request for Customization


The largest market share belongs to the Asia Pacific. Factors attributing to grocery stores, supermarkets, shopping malls, convenience stores, and hypermarkets adopting a digital makeover competing for providing the next generation of shopping experiences will push the growth of the market in the region.


The retail experience is developed to be flawless, fast, and easy with the arrival of technology breakthroughs in the market, such as rapid-fire delivery, digital payments, facial recognition, big data, and shopping experiences suited to the demands of consumers. Additionally, major retailers in Asia Pacific and partnership and acquisition will fuel the market growth. For Instance, JD.com, one of China's key retailers, has been implementing what it calls "boundaryless retail" through partnerships with major western corporations such as Walmart and Intel.


Key Players Covered-


Key players in the multichannel order management market include Oracle Corporation, Salesforce.com, Inc., HCL Technologies Limited, SAP SE, IBM Corporation, International Business Machine Corporation, Brightpearl, Inc., Zoho Corporation, Delhivery Pvt. Ltd., Newfold Digital Inc., Cloud Commerce Pro Ltd., and others.


Segmentation




















By Component



By Deployment



By Enterprise Size



By Application



By Geography




  • Solutions

  • Services




  • On-premise

  • Cloud




  • Small & Medium Size Enterprise

  • Large Enterprise


 




  • Healthcare

  • Manufacturing

  • Food & Beverages

  • Automotive

  • Retail & eCommerce



  • Others




  • North America (USA and Canada, Mexico)

  • Europe (U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics, and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, ASEAN, Oceania, and Rest of Asia Pacific)

  • Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, and Rest of the Middle East & Africa)

  • Latin America (Brazil, Argentina, and Rest of Latin America)



Key Recent Developments-



  • February 2021 – Mimecast Services Limited and Netskope, a cloud security firm, announced a strategic agreement. This strategic partnership enables businesses to use enterprise-grade Data Loss Prevention solutions to secure cloud services and emails. Integrations are designed to help companies better understand their threat landscape, decrease complexity, lower risk, and increase threat detection and response.

  • January 2020 – Micro Focus launched Voltage "SmartCipher," the latest service that combines essential technology elements into a single solution for endpoint privacy and security, allowing for secure communication and simplifying unstructured data preservation and administration. This solution enables secured data encryption and increased privacy compliance across collaborative platforms like email and cloud-hosted environments.


  • Ongoing
  • 2022
  • 2019-2021

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $6850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Information & Technology Clients

Lg
Bain & Company
huawei
Toshiba
Panasonic

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- UGlobal hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X