TECH SUPPLIER Jun 2021 - Market Forecast - Doc # US46436321
Worldwide Order Management Applications Forecast, 2021–2025
This IDC study examines the worldwide market for order management applications, which is rebounding from the COVID-19 pandemic through 2025. As the digital commerce world evolves, so too does the demand for modern order management applications.
"The order management applications market is critical in powering the evolution of digital commerce for both B2B and B2C transactions," says Jordan Jewell, research manager, Digital Commerce and Enterprise Applications at IDC. "If we look ahead five years to 2025, global commerce will look drastically different, with more fluid, autonomous commerce models. Order management systems will need to support these more flexible fulfillment models by including innovative technologies and business models such as subscriptions, IoT, voice commerce, and mobile payments, to name a few. Vendors that don't support this future of commerce risk irrelevance."
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