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In terms of revenue, the global trade management software market was valued at US$ 825.0 million in 2020 and is projected to reach US$ 1,748.4 million by 2028; it is expected to grow at a CAGR of 10.1% from 2021 to 2028.
The sales of trade management software are largely influenced by several economic and non-economic factors prevailing across the globe. Logistics & transportation, retail & consumer goods, and automotive sectors are expected to impact the growth of the trade management software market considerably. Besides, with the increasing import and export of medical devices and drugs, the healthcare & pharmaceutical industry is creating a huge demand for trade management software market globally.
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