The Demand Planning Solutions Global Market Report 2023, provides comprehensive information on the demand planning solutions market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global demand planning solutions market size is expected to grow from $3.60 billion in 2022 to $4.05 billion in 2023 at a compound annual growth rate (CAGR) of 12.26%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of demand planning solutions market is expected to reach $6.22 billion in 2027 at a CAGR of 11.35%.
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Technological advancement is a key trend gaining popularity in the demand planning solutions market. Major companies operating in the demand planning solutions market are adopting new technologies to sustain their position in the market. For instance, in March 2023, Zionex Inc., a South Korea-based provider of supply chain planning solutions, launched PlanNEL Beta. It is an innovative artificial intelligence (AI)-powered SaaS platform for demand forecasting and inventory optimization. It is designed to help manufacturing and distribution companies improve their supply chain performance by providing accurate demand forecasts and optimal inventory levels. PlanNEL uses a variety of AI techniques to generate demand forecasts, including machine learning, natural language processing, and computer vision. Additionally, it also includes some features to help companies optimize their inventory levels, such as demand-driven replenishment, safety stock optimization, and cycle counting.
The demand planning solutions market 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
North America was the largest region in the demand planning solutions market in 2022.
The table of contents in TBRC’s demand planning solutions market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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