Demand Planning Software Market Outlook and Forecast from 2024 to 2031
The "Demand Planning Software Market" prioritizes cost control and efficiency enhancement. Additionally, the reports cover both the demand and supply sides of the market. The Demand Planning Software market is anticipated to grow at an annual rate of 12.5% from 2024 to 2031.
This entire report is of 182 pages.
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Demand Planning Software Market Analysis
The Demand Planning Software market research report highlights the growing importance of utilizing advanced software solutions to effectively manage and forecast demand in today's competitive business environment. Demand Planning Software helps companies optimize inventory levels, reduce costs, and improve customer service. The market is projected to witness significant growth due to factors such as increasing globalization, rising demand for efficient supply chain management, and the adoption of cloud-based solutions. Key players in the market include Oracle, Logility, SAP America, and JDA Software. The report recommends companies to invest in innovative technologies and strategic partnerships to stay ahead in the competitive market.
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The Demand Planning Software market is witnessing significant growth, driven by the increasing need for efficient inventory management and forecasting. The market is segmented into On-premise and Cloud-based solutions, catering to the needs of both Large Enterprises and SMEs.
Regulatory and legal factors play a vital role in shaping the market conditions for Demand Planning Software. Compliance with data protection regulations such as GDPR and industry-specific laws is imperative for software vendors operating in this space. Additionally, adherence to international trade laws and tariffs can impact market dynamics for demand planning software providers.
Overall, the Demand Planning Software market is experiencing a surge in demand, driven by the growing emphasis on streamlining supply chain operations and meeting customer demands efficiently. With robust solutions available for both On-premise and Cloud-based deployment, businesses of all sizes can leverage these tools to optimize inventory management and forecasting processes while ensuring compliance with regulatory and legal requirements.
Top Featured Companies Dominating the Global Demand Planning Software Market
The demand planning software market is highly competitive with several key players dominating the industry. Some of the major companies operating in this market include Oracle, Logility, Infor, SAP America, Demand Management, GAINSystems, JDA Software, Palo Alto Software, Business Forecast Systems, Electronics For Imaging, Algopine, Alloy Technologies, Arkieva, Syncron, and John Galt Solutions.
These companies offer a wide range of demand planning software solutions that help businesses streamline their forecasting and planning processes, improve inventory management, and optimize supply chain operations. By leveraging advanced analytics and machine learning algorithms, these companies enable organizations to accurately forecast demand, reduce stockouts, and enhance customer satisfaction.
Oracle, for example, offers a comprehensive demand planning solution that integrates with its wider suite of supply chain management software. Logility specializes in providing advanced analytics and optimization tools for demand planning. SAP America offers a cloud-based demand planning software that integrates with its ERP systems. Demand Management focuses on providing forecasting and replenishment solutions for retail and consumer goods industries.
Overall, these companies drive growth in the demand planning software market by offering innovative solutions that meet the evolving needs of businesses across various sectors. According to industry reports, Oracle reported sales revenue of $ billion in 2020, SAP America reported sales revenue of $30.1 billion, and Infor reported sales revenue of $2.5 billion. These numbers highlight the significant market presence and financial success of these companies in the demand planning software market.
- Oracle
- Logility
- Infor
- SAP America
- Demand Management
- GAINSystems
- JDA Software
- Palo Alto Software
- Business Forecast Systems
- Electronics For Imaging
- Algopine
- Alloy Technologies
- Arkieva
- Syncron
- John Galt Solutions
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Demand Planning Software Segment Analysis
Demand Planning Software Market, by Application:
- Large Enterprises
- SMEs
Demand planning software is widely used by large enterprises and SMEs to accurately forecast customer demand and optimize inventory levels. Large enterprises typically use this software to manage complex supply chains and multiple product lines, while SMEs benefit from improved efficiency and reduction in carrying costs. The fastest growing application segment in terms of revenue is in the retail and e-commerce industry, where demand planning software helps companies predict consumer trends, plan promotions, and manage seasonal fluctuations in demand. Overall, demand planning software is crucial for businesses to stay competitive in today's rapidly changing market.
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Demand Planning Software Market, by Type:
- On-premise
- Cloud-based
Demand Planning Software can be categorized into two main types: On-premise and Cloud-based. On-premise software is installed and run on the internal servers of an organization, providing complete control and security. On the other hand, Cloud-based software is hosted on external servers and accessed through the internet, offering flexibility and scalability. Both types help in boosting the demand of Demand Planning Software market by providing companies with accurate forecasting, inventory optimization, and decision-making tools. Cloud-based software, in particular, is gaining popularity due to its cost-effectiveness and easy accessibility, driving the growth of the market.
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Regional Analysis:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The demand planning software market is expected to experience significant growth in North America, particularly in the United States and Canada. Europe, with key countries such as Germany, France, and the ., is projected to be another dominant region in the market. In the Asia-Pacific region, countries like China, Japan, South Korea, India, and Australia are expected to see strong growth in demand for planning software. Latin America, including Mexico, Brazil, Argentina, and Colombia, is also expected to contribute to market growth. In the Middle East & Africa, Turkey, Saudi Arabia, UAE, and Korea are expected to exhibit increasing demand for planning software. North America and Europe are expected to dominate the market with a market share percentage valuation of around 40% each, followed by Asia-Pacific with a share of around 20%. Latin America and Middle East & Africa are expected to account for the remaining market share.
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