Global Multichannel Order Management Market Size, Status and Forecast 2022

Multichannel Order Management (MOM) are B2B software intended for merchants with a primary focus on online commerce. MOM address two key concerns. First, they consolidate orders across all channels into the same physical inventory. Second, when prices are changed, they dispatch the new prices across all channels. Some MOM go beyond those basic needs and act as full commerce management solutions.
North America is expected to hold the largest market size in the multichannel order management market during the forecast period. North America is expected to dominate the overall market and is considered to be the most advanced region in terms of technological adoption. This is mainly due to the presence of various developed economies, such as the US and Canada, and their focus on innovations obtained from R&D and technology. Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. Several factors are expected to drive the market’s significant growth in the APAC region. With the increasing pressure to achieve greater business agility, more IT organizations in the APAC region are planning to adopt the multichannel order management environment to function properly, improve operational efficiency, and reduce cost. There is a huge market potential for enterprises in this region; this potential can be leveraged to create better business opportunities.

Market Analysis and Insights: Global Multichannel Order Management Market
The global Multichannel Order Management market size is projected to reach US$ 2280.1 million by 2027, from US$ 1238.7 million in 2020, at a CAGR of 8.6% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Multichannel Order Management market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Multichannel Order Management market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Multichannel Order Management market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Multichannel Order Management market.

Global Multichannel Order Management Scope and Market Size
Multichannel Order Management market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Multichannel Order Management market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Cloud
On-premises

Segment by Application
Retail, E-commerce and Wholesale
Healthcare
Manufacturing
Food and Beverage
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
IBM
HCL
Oracle
Salesforce
SAP
Brightpearl
Freestyle Solutions
Linnworks
Sanderson
Zoho
Browntape
Channelgrabber
Cloud Commerce Pro
Contalog
Ecomdash
Etail Solutions
Geekseller
Manageecom
Primaseller
Saleswarp
Selleractive
Selro
Stitch Labs
Tradegecko
Unicommerce
Vinculum