THE BUSINESS OF INTERNATIONAL TRADE
Technologies such as Global Trade Compliance Systems and economic conditions are changing rapidly these days. This also has an impact on future market trends in the Global Trade Compliance sector. The new market forecast from ARC Advisory Group provides an all-encompassing picture of this market for the coming years (2021 – 2026).
The Global Trade Compliance Systems market study revealed that MIC is the leading software supplier in the EMEA region, with a market share of 19.4%.
In addition, MIC remains to be the number one supplier of Global Trade Compliance software solutions for the automotive industry globally. MIC reached a global market share in the automotive sector of 36.3%.
The broad range of the MIC software solutions as well as its coverage of 55+ countries on 6 continents allowed for a considerable expansion of its customer base in the EMEA region. Besides many large multinational companies across various industries also international mid-size firms have implemented the MIC Customs & Global Trade Compliance software solution and are benefiting from MIC's coverage and experience.
Global organizations can benefit in particular from the following software solutions:
Using GTC solutions enables trading organizations to optimize operations and to ensure compliance to trade laws and regulations. Especially in industries with high volumes & customs duties, innovative and automated GTC software solutions are optimal decision-making tools leading to cost savings and competitive advantage!
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