Multichannel Order Management Market Share

Statistics for the 2023 & 2024 Multichannel Order Management market share, created by Mordor Intelligence™ Industry Reports. Multichannel Order Management share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Multichannel Order Management Industry

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, 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.

Multichannel Order Management Market Leaders

  1. IBM Corporation

  2. HCL Technologies Limited

  3. Oracle Corporation

  4., Inc.

  5. SAP SE

*Disclaimer: Major Players sorted in no particular order

Multichannel Order Management Market Concentration

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