Demand Planning Solutions Market Analysis, Size, Recent Trends, Growth And Forecast 2024-2033 | Top Key Players: International Business Machines Corporation (IBM), Oracle Corporation, SAP SE, Wolters Kluwer N.V., Infor

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Demand Planning Solutions Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
The demand planning solutions market size has grown rapidly in recent years. It will grow from $4.05 billion in 2023 to $4.53 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to globalization of supply chains, increased product variability, market dynamics and competitive pressures, e-commerce growth, regulatory compliance requirements.

The demand planning solutions market size is expected to see rapid growth in the next few years. It will grow to $6.93 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to real-time data and analytics, sustainability and environmental concerns, demand for integrated planning platforms, post-pandemic supply chain optimization. Major trends in the forecast period include integration with e-commerce platforms, enhanced user experience and intuitive interfaces, dynamic scenario planning, demand planning for omni-channel retail, integration of predictive analytics..

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Key Market Players:
Major companies operating in the demand planning solutions market report are International Business Machines Corporation (IBM), Oracle Corporation, SAP SE, Wolters Kluwer N.V., Infor, SAS Institute Inc, Blue Yonder, Manhattan Associates Inc., Coupa Software Inc, Anaplan, e2open LLC, Blue Ridge Solutions Inc., Kinaxis Inc., RELEX Solutions Srl, QAD Inc., OM Partners nv, American Software Inc., Aspire Systems Pvt. Ltd., Maropost Inc, ToolsGroup, Logiwa Technology Inc., FuturMaster, John Galt Solutions Inc., Gain Systems Inc., Arkieva Inc., Alloy Technologies Inc., GMDH Inc., Solvoyo, Business Forecast Systems Inc., Avercast LLC

Market Drivers:
The increasing number of business entities is expected to propel the growth of the demand planning solutions market going forward. Business entities refer to legally recognized organizations that are formed to conduct business activities. They are separate and distinct from their owners and have legal rights and responsibilities. Demand planning solutions are used by business entities in various ways to improve their demand forecasting and planning processes. They improve forecasting accuracy, optimize inventory management, and enhance supply chain efficiency. So, these factors boost the demand for the planning solutions market. For instance, in May 2023, according to the United States Census Bureau, a US-based government agency, in 2022, the US estimated a total of 5.0 million enterprises, which is a 42 percent increase when compared to the previous year. Furthermore, in May 2023, according to NerdWallet, a US-based finance company, 33.2 million small businesses were introduced in the US by 2022. Therefore, the increasing number of business entities is driving the growth of the demand planning solutions market.

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The demand planning solutions market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Deployment: Cloud-Based, On-Premise
3) By Enterprise: Small And Medium Sized Enterprises (SMEs), Large Enterprises
4) By End User: Automotive, Healthcare, IT And Telecom, Banking, Financial Services And Insurance (BFSI), Manufacturing, Food And Beverages, Other End Users

The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?

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