Europe Advanced Planning and Scheduling (APS) Software Market
No. of Pages: 120 | Report Code: TIPRE00022151 | Category: Technology, Media and Telecommunications
No. of Pages: 120 | Report Code: TIPRE00022151 | Category: Technology, Media and Telecommunications
The adoption of cloud-based solutions among European enterprises has been surging at an impressive pace since past decade. Cloud-based solutions offer easy scalability and operational flexibility while reducing costs and risks associated with daily operations. A cloud-based deployment is an attractive option for SMEs and large enterprises in European countries owing to benefits such as payment on use-basis, regular data backup, reduction in capital and operation costs, and instant provisioning features. Due to the rising popularity of the cloud, the government is highly focused on investing in cloud-based technology to streamline the business process in all verticals. For instance, in October 2020, the European Union stated that it would invest ~US$ 12.05 billion over the next seven years to build a cloud-computing sector. Twenty-five European countries have signed a declaration to drive the cloud sector. The growing significance of cloud services would allow APS providers to renovate their IT systems; thus, anticipated to fuel the demand for cloud-based APS software in Europe during the forecast period.
Due to the COVID-19 outbreak, Russia, UK, France, Spain, Italy, and Germany are some of the worst affected member states in the European region. Businesses in the region face severe economic difficulties, as they had to suspend their operations or substantially reduce their activities. Due to business lockdowns, travel bans, and supply chain disruptions, the region is anticipated to have an economic slowdown till Mid-2021. The member states of Europe, such as Italy, Spain, and Germany, have implemented drastic measures and travel restrictions to limit the spread of coronavirus among its citizens. European countries represent a major market for APS software adoption due to the rising retail and manufacturing industry. In the region, the numbers reflecting the swift spread of Covid-19 are devastating. In the face of such a global outbreak, several pharmaceutical manufacturers in Europe are witnessing growing pressure to produce treatments and design a potential vaccine. The process of design a COVID-19 vaccine is going to be complex, which will include ~1,000 separate operations. Few companies have the capabilities of managing a high level of complexity. In order to mitigate complex processes, pharmaceutical manufacturers are opting for APS software, which is likely to surge the market growth even in the pandemic.
Strategic insights for the Europe Advanced Planning and Scheduling (APS) Software provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2020 | US$ 386.70 Million |
| Market Size by 2028 | US$ 769.14 Million |
| Global CAGR (2021 - 2028) | 9.1 % |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2028 |
| Segments Covered |
By Deployment
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe Advanced Planning and Scheduling (APS) Software refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe advanced planning and scheduling (APS) software market is expected to grow from US$ 386.70 million in 2020 to US$ 769.14 million by 2028; it is estimated to grow at a CAGR of 9.1 % from 2021 to 2028. Digitalization of manufacturing operations is expected to escalate the Europe advanced planning and scheduling (APS) software market. Digital transformation is becoming a trend, especially in the manufacturing sector due to increasing competition in this sector, which compels them to reduce costs and increase profitability. Digitization would help manufacturing companies to track and trace products across value chain, improve quality of work, take preventive and predictive maintenance action, and improve on their key performance indicators (KPIs). Further, the digitalization of various processes enables them to add value to their products. Large manufacturing enterprises, and small and medium manufacturing firms are, therefore, investing heavily in digitalizing their operations. Advanced manufacturing companies are leveraging the capability of artificial intelligence (AI), Internet of Things (IoT), analytics, and business intelligence to improve their overall production performance. They are adopting digital manufacturing strategies to analyze which departments need to be prioritized for bringing digital transformation. The rising trend of digitalization would propel the demand for various advanced software solutions, including APS software, in the coming years for Europe region.
In terms of deployment, the on-premise segment accounted for the largest share of the Europe advanced planning and scheduling (APS) software market in 2020. In terms of organization size, the large enterprises segment held a larger market share of the Europe advanced planning and scheduling (APS) software market in 2020. Further, the manufacturing segment held a larger share of the Europe advanced planning and scheduling (APS) software market based on industry in 2020.
A few major primary and secondary sources referred to for preparing this report on the Europe advanced planning and scheduling (APS) software market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ACUMATICA, INC; ASPROVA CORPORATION; Dassault Systèmes SE; DELFOI OY; GLOBAL SHOP SOLUTIONS; INFORM SOFTWARE; PLEX SYSTEMS; Siemens AG; and THE ACCESS GROUP
The Europe Advanced Planning and Scheduling (APS) Software Market is valued at US$ 386.70 Million in 2020, it is projected to reach US$ 769.14 Million by 2028.
As per our report Europe Advanced Planning and Scheduling (APS) Software Market, the market size is valued at US$ 386.70 Million in 2020, projecting it to reach US$ 769.14 Million by 2028. This translates to a CAGR of approximately 9.1 % during the forecast period.
The Europe Advanced Planning and Scheduling (APS) Software Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Advanced Planning and Scheduling (APS) Software Market report:
The Europe Advanced Planning and Scheduling (APS) Software Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Advanced Planning and Scheduling (APS) Software Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Advanced Planning and Scheduling (APS) Software Market value chain can benefit from the information contained in a comprehensive market report.
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