A Demand Planning Software Market is a computer-based program that helps in driving the demand planning process by integrating historical sales data, relevant business information, and statistical analysis to create long-range estimations of anticipated demand. User inputs like the impact of marketing promotions, new product developments, its launches and discontinuations, rebates and market intelligence, and pricing discounts are also considered by the software to create a detailed version of the demand plan. Some of the key benefits include increased speed, enhanced accuracy, higher efficiency, cost savings and flexibility, and scalability.
MARKET SCOPE
The "Global Demand Planning Software Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the demand planning software market with detailed market segmentation by type, deployment, organization size, end user and geography. The report provides key statistics on the market status of the leading demand planning software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global demand planning software market is segmented into solution, services
- On the basis of deployment type, the market is segmented into on-premise, cloud based, hybrid
- Based on organization size, the market is bifurcated into large enterprises, small and medium enterpriseS
- Based on end user, the market is bifurcated into telecom and IT, healthcare, retail, automotive, industrial, food and beverages, manufacturing, others
MARKET DYNAMICS
Drivers:
- The main drivers helping in the growth of the Demand Planning Software Market include ever-changing customer demands, preferences, and expectations.
- Furthermore, the growth of the Demand Planning Software Market among enterprises is very fast owing to the higher data processing speed of software and the capability to handle multiple users.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The demand planning software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the demand planning software market in these regions.
IMPACT OF COVID-19 ON DEMAND PLANNING SOFTWARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the demand planning software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from demand planning software market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the demand planning software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Blue Ridge Solutions Inc.
- John Galt Solutions, Inc.
- Huawei Technologies Co., Ltd.
- Aspire Systems
- RELEX Solutions
- Demand Works
- Logility, Inc
- Blue Yonder Group
- Mi9 Retail
- INFOR GmbH
The Insight Partner?s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.