How big is the Multichannel Order Management Market?

The Multichannel Order Management Market size is expected to reach USD 3.27 billion in 2024 and grow at a CAGR of 8.92% to reach USD 5.01 billion by 2029. Read More

What is the current Multichannel Order Management Market size?

In 2024, the Multichannel Order Management Market size is expected to reach USD 3.27 billion. Read More

Who are the key players in Multichannel Order Management Market?

IBM Corporation, HCL Technologies Limited, Oracle Corporation, Salesforce.com, Inc. and SAP SE are the major companies operating in the Multichannel Order Management Market. Read More

Which is the fastest growing region in Multichannel Order Management Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Multichannel Order Management Market?

In 2024, the North America accounts for the largest market share in Multichannel Order Management Market. Read More

What years does this Multichannel Order Management Market cover, and what was the market size in 2023?

In 2023, the Multichannel Order Management Market size was estimated at USD 3.00 billion. The report covers the Multichannel Order Management Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Multichannel Order Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Multichannel Order Management Market

Multichannel Order Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Multi Channel Order Management Market Analysis and it is segmented by Offerings (Software, Services), Deployment (Cloud, On-premise), End-user Vertical (Retail & E-commerce, Food & Beverage, Healthcare), and Geography (North America (United States, Canada), Europe (United Kingdom, Germany, Rest of Europe), Asia Pacific (China, Japan, Rest of Asia Pacific), Latin America and the Middle East and Africa). The market size and forecasts are provided in terms of value (USD) for all the above segments.

Multichannel Order Management Industry Overview

The multichannel order management market is highly competitive due to many large and small players providing software and services to domestic and international markets. The market appears moderately fragmented and is moving towards the fragmented stage. The major players in the market are adopting strategies like product and service innovation and mergers and acquisitions to expand their product portfolio's functionality and stay competitive in the market. Some of the major players in the market are IBM Corporation, HCL Technologies Limited, Oracle Corporation, and Salesforce.com, Inc.

In April 2023, Oracle introduced new capabilities across Oracle Fusion Cloud Applications Suite, expected to help customers accelerate supply chain planning, increase operational efficiency, and improve financial accuracy. The updates included new planning, usage-based pricing, Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) rebate management capabilities, and enhanced quote-to-cash processes in Oracle Fusion Applications.

In April 2023, Freestyle Software announced the availability of version 12 of Multichannel Order Manager (M.O.M.), which marks the second major release since 2020. The latest version includes significant improvements to security and is one of the first applications to be certified under the new, more stringent PCI-S3 requirements.