“Global Order Management Software Market: Growth, Outlook, and Competitive Analysis, 2018 – 2030” is the most recent market study released by Credence Research, Inc. The global order management software market had revenue of about USD 1.9 billion in 2022, and it is predicted that it will increase at a CAGR of more than 6.90% from 2018 to 2030, reaching about USD 3.03 billion.
Market Overview
An order management software (OMS) electronic system was created to carry out orders quickly and affordably. It involves the management of commercial operations including orders for goods or services. For organizations, an OMS automates and streamlines the order processing process. The market for order management software is driven by rising trade volumes, the need to manage trade-processing costs, and the desire to reduce operational risks. Additionally, the market for order management software is anticipated to rise as a result of increased digitization, the need to automate processes, and growing use of cloud-based deployment due to its effective operation and low operating costs. However, hefty installation costs limit market expansion. A significant possibility for market expansion exists as a result of the increasing regulatory and competitive pressure on financial services organizations to automate the process.
Company Profile
Zoho Corporation Pvt. LtdComputer software and web-based business tools are produced by the multinational Indian technology company Zoho Corporation. The online office suite Zoho Office Suite is what it is most famous for. Founded in 1996, the business. Zoho’s 55+ products help with your recruitment, support and collaboration, finance, and sales and marketing needs, allowing you to concentrate solely on your business. Zoho has over 80 million customers globally. In all areas of its business, including its free products, Zoho does not rely on advertising and protects the privacy of its users.
- Multiorders, Ltd
A robust multichannel e-commerce administration tool for small and medium-sized firms is called Multiorders. The platform offers an intuitive solution for order fulfillment, automatic label production, real-time inventory tracking, analytics, and multichannel selling all in one. It provides you with an all-inclusive e-commerce business management system that integrates every aspect of your online enterprise.
- Vinculum Solutions Pvt. Limited
In 1995, Vinculum Solutions Inc. (VSI) was established to assist in bridging the gaps between the demands of government stakeholders and the outcomes produced by the creation, evaluation, and application of technology. One of its product lines includes Vin eRetail, a SaaS-based order management, fulfillment, and analytics tool that enables multichannel retailing and has pre-built connections with top marketplaces.
- Megaventory Inc.
One of the first companies to offer online inventory and order management is Megaventory, a US business established in 2010. It is a cloud-based order and inventory management application that assists medium-sized enterprises in managing manufacturing, invoicing, reporting, and order fulfilment across different locations. Applications like Shopify, WooCommerce, Magento, and Zapier are all seamlessly integrated with it.
- Unicommerce eSolutions Pvt. Ltd.
The premier global E-commerce Supply Chain Solution, Unicommerce, enables manufacturers, wholesalers, distributors, retail chains, individual store owners, and E-commerce sellers to automate their supply chain operations for both online and offline business to sell. In order to manage various components of the process, including procurement, vendors, inventories, warehouses, shipping, order management software, and drop shipments, it offers e-commerce merchants an online multichannel order fulfilment platform.
- OpenXcell
OpenXcell, a top resource hiring and software solutions development company with its headquarters in the USA and a 2009 incorporation, is renowned for offering the top 1% talent in the IT sector and highly qualified resources with more than 10 years of relevant expertise. By following stringent deadlines and delivering top-notch products, OpenXcell has developed a premium brand image.
- Elastic Inc.
For technology startups with venture capital funding, Elastic, Inc. offers scalable, on-demand business development services. The company provides a sales communication platform that redefines sales through the integration of software and human resources. Users may also manage their sales force in the cloud and receive real-time data using this platform. In Mountain View, California, Elastic operates its company.
- Oracle
The headquarters of the American multinational computer technology company Oracle Corporation are in Austin, Texas. By sales and market value in 2020, Oracle ranked third among all software companies worldwide. The company sells enterprise software products like human capital management (HCM) software, enterprise performance management (EPM) software, enterprise resource planning (ERP) software, customer relationship management (CRM) software (also referred to as customer experience) software, and supply chain management (SCM) software. It also sells database software and technology, particularly under its own brands.
- 4Psite, LLC
A popular cloud-based, multi-channel order management system called 4Psite makes running your eCommerce business easier. You can manage eCommerce sales from more than 40 carts and channels, including Amazon, eBay, Houzz, WayFair, BigCommerce, Volusion, Yahoo!, Overstock.com, Shopify, and more, using 4Psite’s seamless integration and unified UI. All of your orders are captured and managed by 4Psite, which also features manual order input, built-in CRM, real-time shipping with USPS, UPS, and FedEx, automated payment processing, and a comprehensive drop shipping module.
Browse full report – Global Order Management Software Market By Deployment (On-premise and Cloud), By Application (Retail and E-commerce, Consumer Goods, Healthcare, Telecom and Others) Growth, Future Prospects & Competitive Analysis, 2016 – 2030
