Global Multichannel order management Market is expected to reach US$ 3.2 Bn by 2026 from US$ 1.42 Bn by 2017at a CAGR of 10.69%.

Multichannel order management Market is segmented by component, deployment type, organization size, industry, and geography. A component is classified as software and service. A deployment type is split into cloud and on-premise. Organization sizes are sub segmented into SMEs and large enterprises. By industry is divided into retail, E-commerce, healthcare, manufacturing, food & beverage. Geography-wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

The key driver of the global multichannel order management solution market is the growth in retail sales and online shopping vertical, especially in the emerging economies. Moreover, the organizations tend to become more agile and flexible, a demand of scalability continue to rise, leading to the continuous upsurge of multichannel selling, thus raising the need to adopt multichannel order management (MOM) solutions within enterprises. Demand for multichannel order management solutions is growing globally, as these are less costly than traditional solutions. So, there continues to be rapid growth in the number of internet users globally, leading to the demand of multichannel order management (MOM) solutions in economies such as India and China, the rate of internet adoption continues to grow at a rapid pace.

Based on the deployment type, the cloud is expected to have the largest share of the multichannel order management market during the forecast period 2018-2026. Cloud-based solutions have witnessed a greater demand as of their wide range of functionalities, that pay-per-use model, flexibility, ease in accessibility, faster setup time, multiuser support, and low installation and maintenance costs.

On the basis of verticals, retail, eCommerce, and wholesale industry vertical is expected to hold the largest market share during the forecast period. Increasing multiple sales channels among retail, eCommerce, and wholesale companies have made it necessary to have a greater visibility across the entire order process life cycle.

In terms of geography, North America among other regions is expected to hold the largest market share in the Global Multichannel Order Management Market during the current forecast period with a major factor being a high rate of technological adoption in the region. North America can be contributed owing to the presence of developed economies, like the US and Canada, and the increased focus towards R&D and technology.

Key players operating on the market are, IBM, Salesforce, SAP, Oracle, HCL Technologies Limited, Zoho Corporation, Stitch Labs, Cloud Commerce Pro Ltd., ChannelGrabber, Etail Solutions Freestyle Solutions, Ecomdash,, SellerActive, Contalog, Linnworks, Sanderson, Selro Ltd., ManageEcom, Vinculum Solutions Ltd., SalesWarp, Brightpearl, Primaseller Unicommerce Esolutions Pvt. Ltd.

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Scope of the Global Multichannel order management Market

Global Multichannel order management Market, by Component
• Software
• Services
o Professional Services
o Managed Services

Global Multichannel order management Market, by Deployment Type
• Cloud
• On-premises

Global Multichannel order management Market, by Organization Size
• Small & Medium Enterprises
• Large Enterprise

Global Multichannel order management Market, by Industry vertical
• Retail & E-commerce
• Healthcare
• Manufacturing
• Food & Beverage

Global Multichannel order management Market, by Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America

Key Players operating in the Global Multichannel Order Management Market:
• IBM
• Salesforce
• SAP
• Oracle
• HCL Technologies Limited
• Zoho Corporation
• Stitch Labs
• Cloud Commerce Pro Ltd.
• ChannelGrabber
• Etail Solutions
• Freestyle Solutions
• Ecomdash
• SellerActive
• Contalog
• Linnworks
• Sanderson
• Selro Ltd.
• ManageEcom
• Vinculum Solutions Ltd.
• SalesWarp
• Brightpearl
• Primaseller
• Unicommerce Esolutions Pvt. Ltd.

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