GITNUX MARKETDATA REPORT 2024

Order Management Software Industry Statistics

The order management software industry is expected to grow steadily, driven by increasing demand for automation and efficiency in supply chain management.

Statistic 1

"The global order management software market was valued at USD 1,581 million in 2019."

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Statistic 2

"It is expected to grow at a compound annual growth rate (CAGR) of 9.7% from 2020 to 2027."

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Statistic 3

"The market size of the order management software industry crossed USD 2.8 billion in 2020."

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Statistic 4

"The integration of artificial intelligence in order management systems is expected to boost the market to USD 3.5 billion by 2026."

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Statistic 5

"North America dominates the order management software market with over 35% share due to presence of major market players."

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Statistic 6

"The cloud-based order management software segment held over 55% market share in 2020."

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Statistic 7

"Market growth is also driven by strong demand from e-commerce, projected to grow 16.7% annually till 2023."

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Statistic 8

"The Asia-Pacific region will experience the fastest growth in the order management software market through 2027."

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Statistic 9

"73% of brands plan to invest in order management systems to improve customer experience."

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Statistic 10

"Digital commerce will drive 90% of the global retail growth in the next 12 years, propelling order management software adaptation."

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Statistic 11

"By 2027, companies that have implemented the system reduced their order-to-ship time by 2.5 days on average."

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Statistic 12

"Amazon, one of the biggest users of order management software, processed 306.4 million orders in 2019."

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Statistic 13

"About 54% of companies using order management software saw a reduction in labor costs."

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Statistic 14

"The largest end-users of order management software include Retail (40.6%), Wholesale (18.5%) and Food & Beverage (12.1%)."

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Statistic 15

"In 2019, 41% of decision-makers said they would likely invest in an order management system in the next two years."

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Statistic 16

"About 60% of companies indicate the implementation of an order management system reduced shipping errors by at least 25%."

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Statistic 17

"E-commerce companies account for 32% of the total users of order management software."

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Statistic 18

"The mobile application market for order management software is expected to grow with a CAGR of 11.4% from 2020 to 2025."

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