Press release
Asia Pacific Trade Promotion Management Software Market Exact estimations of the upcoming trends and Growing Demand 2021-2026 by Aera Technology, Cornerstone, Deloitte, Exceedra by TELUS and o9 Solutions, Inc.
The trade promotion management software market in APAC is expected to grow from US$ 393.75 million in 2021 to US$ 920.09 million by 2028; it is estimated to grow at a CAGR of 12.9% from 2021 to 2028Trade promotion acts as a marketing tool and therefore is a part of revenue management, which indicates marketing campaigns for retailers/wholesalers. Use of best-in-class trade promotions strategies by consumer goods companies have a potential to give five times better results than earlier trade promotions methods. These companies across the world invest nearly 20–23% of their top-line revenue in trade promotions annually that is creating a need to evaluate whether the trade spent meets an objective of maximizing return on investment. In respect to expenditure, the consumer-packaged goods companies have increased their spending on trade promotion to handle diminishing customer loyalty and private labels growth. This factor propels demand for efficient trade promotion strategies and plays a positive role in creating development of software for managing trade promotions. Consumer goods manufacturers face pressing trade investment requests from their retail partners to drive an increase of both revenues and margins
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Asia Pacific Trade Promotion Management Software Market –Companies Profiles
• Aera Technology
• Cornerstone
• Deloitte
• Exceedra by TELUS
• o9 Solutions, Inc.
• Oracle Corporation
• Palantir Technologies
• SAP SE
• UpClear
With COVID-19, the entire workforce has experienced a transition toward remote working, paving a way for Asia Pacific Trade Promotion Management Software solution and hardware products. The reduced travel time and cost, the importance of involving employees in determining strategic goals, and the rising need for virtual meeting rooms have overall increased the spending of companies on Asia Pacific Trade Promotion Management Software solutions.
This report provides:
1) An overview of the market for Asia Pacific Trade Promotion Management Software Market and related technologies.
2) Analyses of Asia Pacific Trade Promotion Management Software Market trends, with data from 2018, estimates for 2019 and 2020, and projections of compound annual growth rates (CAGRs) through 2026.
3) Identifications of new market opportunities and targeted promotional plans for Asia Pacific Three-Wheeler Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
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Related Reports and latest on Technology Industry Reports:
Asia Pacific Trade Promotion Management Software Market Forecast to 2028 - Asia Pacific Trade Promotion Management Software devices are used by patients suffering from heart diseases. These rehabilitation devices aid the patients in reducing the danger of heart attacks and heart diseases.
Production Analysis:
SWOT analysis of major key players of Trade Promotion Management Software industry based on a Strengths, Weaknesses, company’s internal & external environments, Opportunities and Threats. It also includes Production, Revenue and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.
Asia Pacific Trade Promotion Management Software Market 2021-2028: Key Highlights
• CAGR of the market during the forecast period 2021-2028.
• Detailed data on factors that will help Asia Pacific Trade Promotion Management Software market development during the following five years.
• Assessment of the Asia Pacific Trade Promotion Management Software market size and its commitment to the parent market.
• Forecasts on forthcoming patterns and changes in purchaser conduct.
• The development of the Asia Pacific Trade Promotion Management Software market.
• Analysis of the market’s serious scene and definite data on vendors.
• Comprehensive details of components that will challenge the development of Asia Pacific Trade Promotion Management Software Market vendors.
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