The global demand planning solution market size was USD 4.4 Billion in 2022 and is expected to reach USD 11.79 Billion in 2032, and register a rapid CAGR of 10% during the forecast period. Increasing use of cloud-based solutions and rising popularity of Predictive Analytics are major factors driving market revenue growth. Adoption of cloud-based demand planning systems across a various industries is rising as these solutions offer flexibility, scalability, and affordability.  Cloud-based solutions provide real-time data access, enabling businesses to base their decisions on accurate and current information.

Organizations can use predictive analytics to identify trends in future demand and take proactive steps to satisfy those trends. Insights into consumer behavior, market trends, and other important demand-influencing elements are provided by predictive analytics technologies, enabling businesses to make better decisions about production, inventory, and supply chain management. In addition, complexity of supply chain management is increasing need for demand planning solutions. Demand management across many channels is getting harder as supply chains get more complicated. Organizations may manage demand across numerous channels, including e-commerce, brick-and-mortar stores, and other sales channels, with the use of demand planning systems.

Get a sample of the report @  https://www.reportsanddata.com/download-free-sample/7308 

Moreover, rising use of Machine Learning (ML) and Artificial Intelligence (AI) technology is also expected to drive revenue growth of the market. Organizations may analyze enormous amounts of data using AI and ML technologies to spot patterns and trends that would be challenging to spot using conventional techniques. This makes it possible for businesses to improve their supply chains and forecast demand more precisely.

Furthermore, increasing need for integrated solutions is a further trend driving market revenue growth. Enterprise Resource Planning (ERP) systems, Customer Relationship Management (CRM) tools, and supply chain management systems are a few examples of the systems and tools that organizations are searching for solutions that can interact with. Through this connection, businesses can gain a comprehensive understanding of their operations and base their decisions on more reliable information.

Competitive Landscape:

  • SAP SE
  • Anaplan, Inc.
  • Oracle Corporation
  • IBM Corporation
  • Kinaxis Inc.
  • JDA Software Group, Inc.
  • ToolsGroup
  • John Galt Solutions, Inc.
  • Logility Inc.
  • Blue Yonder Group, Inc.
  • Outperform, a Quintiq Solution

The global market is further segmented into type and application:

By Component Outlook 
  • Software
  • Services
By Application Outlook 
  • Manufacturing
  • Retail
  • Consumer Goods
  • Healthcare
  • Others

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/7308 

Thank you for reading our report. Please connect with us to know more about the report and its customization feature. Our team will ensure the report is well suited to meet your requirements.

Get Explore Latest Research Report by Reports and Data:

Particle Size Analyzers Market @ https://www.reportsanddata.com/report-detail/particle-size-analyzers-market

Ultrasound Sensors Market @ https://www.reportsanddata.com/report-detail/ultrasound-sensors-market

Driver Assistance System (DAS) Locomotive Market @ https://www.reportsanddata.com/report-detail/driver-assistance-system-locomotive-market

Driver Monitoring Systems (DMS) Market @ https://www.reportsanddata.com/report-detail/driver-monitoring-systems-market

Ship Repair and Maintenance Service Market @ https://www.reportsanddata.com/report-detail/light-detection-and-ranging-market

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

(Head of Business Development)

Reports and Data | Web:www.reportsanddata.com

Direct Line:+1-212-710-1370

E-mail:[email protected]

Blogs|Press Release|Industry News|Our competencies

Browse MoreUpcoming Reports @https://www.reportsanddata.com/upcoming-reports

Browse More Latest Reports @https://www.reportsanddata.com/report

Browse More Defence And Space Industry Related Reports @ https://www.reportsanddata.com/report/category/defence-and-space