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ALBANY, N.Y, Dec. 3, 2020 /PRNewswire/ --A wide range of industry verticals including healthcare, hospitality, automotive, retail, e-Commerce, BFSI, and food and beverages are harnessing the capabilities of demand planning solutions for various stages of product development and supply chain. The gains that accrue include improved synchronization, reduce inventory investment, better cash flow, and boost customer satisfaction. The growing role of predictive analytics in understanding resource management and planning revenue targets is key to the increasing penetration of demand planning solutions market. The supply chain disruptions caused by novel COVID-19 pandemic has up the ante for stakeholders to have access to cutting-edge solutions, opine analysts at TMR. This is because the pandemic has severely constrained the supply and logistic chain of companies across industries. The analysts at TMR project the demand planning solutions market to clock impressive CAGR of ~16% from 2020 to 2030, and surpass a valuation of US$ 14.5 Bn by the period-end. Download PDF Brochure https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=79575 Key Findings of Demand Planning Solutions Market Report Opportunities in North America have been rising at promising pace Europe is also a promising market and is expected to rise at impressive growth rate Asia Pacific is expected to remain at the key focus for consumers and solution providers In 2019 the demand planning solutions market stood at ~US$ 3 Bn Trade promotion planning, and product portfolio management are promising application areas Explore 238 pages of top-notch research, incisive insights, and detailed country-level projections on Demand Planning Solutions Market (Component: Software/Platform and Services [Professional and Managed]; Deployment: On-premise and Cloud-based; Enterprise Size: Small & Medium Enterprises and Large Enterprises; and Industry: BFSI, IT & Telecom, Healthcare, Retail & e-Commerce, Automotive, Food & Beverages, Manufacturing, Hospitality, and Others) Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 at https://www.transparencymarketresearch.com/demand-planning-solutions-market.html Demand Planning Solutions Market: Key Driving Factors and Promising Avenues The relevance of planning and forecasting platforms is steadily growing across companies of different industries for maintaining the production and supply of products. The demand for product portfolio management is boosting the business propositions in the demand planning solutions market. The benefits of managing product lifecycle stages in real-time during seasonal demand is made possible by the array of demand forecasting solutions. The growing adoption of flexible promotional modeling is boosting the market. In this dynamically changing business landscape, consumer behavior has to be closely tracked before product development. This is boosting the prospects in the demand planning solutions market. The forecasting methods help understand the demand for new features. Over the years, the capabilities of solutions have increased as machine learning technologies, and automated technique are integrated. Demand Planning Solutions Market: Key Impediments Despite the high capabilities of real-time demand forecasting, small and medium-scale enterprises lack budget to gain access to contemporary solutions, impeding the expansion of the demand planning solutions market. Also, when not all features of the platforms are used, this sometimes give wrong or incomplete results, creating negative criticism among prospective buyers. This is mainly due to the lack of awareness and lack of expertise. Analyze global demand planning solutions market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sampleof the study Demand Planning Solutions Market: Regional Landscape North America has been a prominent market. The presence of numerous top players and the early adopters are key to growth avenues in the regional market. Asia Pacific is a promising regional market and will continue to present lucrative revenue streams in the coming years as well. The regional market is expected to clock at a higher CAGR during 2020 2030. Key Participants in Demand Planning Solutions Market Providers are increasingly leaning on aiming at better customer experience and satisfactions to stay ahead of their peers and competitors in the demand planning solutions market. Some of the key participants are SAP SE, RELEX Oy, International Business Machines Corporation, GAINSystems, Inc., Demand Works Company, Blue Ridge Solutions Inc., Aspire Systems, and Cognizant Technology Solutions Corp. Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=79575 Global Demand Planning Solutions Market: Segmentation Demand Planning Solutions Market, by Component Software/Platform Services Professional Integration & Consulting Support & Maintenance Managed Demand Planning Solutions Market, by Deployment On-premise Cloud-based Demand Planning Solutions Market, by Enterprise Size Small & Medium Enterprises Large Enterprises Demand Planning Solutions Market, by Industry BFSI IT & Telecom Healthcare Retail & e-Commerce Automotive Food & Beverages Manufacturing Hospitality Others (Education, Media & Entertainment, etc.) Demand Planning Solutions Market, by Region North America U.S. Canada Mexico Europe Germany U.K. France Spain Italy Rest of Europe Asia Pacific (APAC) China Japan India ASEAN Rest of Asia Pacific Middle East & Africa (MEA) UAE South Africa Rest of Middle East & Africa South America Brazil Argentina Rest of South America Explore Transparency Market Research's award-winning coverage of the Global IT & Telecom Industry: Contact Center Solution Market The contact center solution market is expected to grow at an astonishing CAGR of ~19% during the forecast period. However, challenges such as poor audio quality and lack of communication at centers can affect services provided to customers. Hence, companies in the contact center solution market are implementing proactive monitoring and testing of phone lines to move toward better services. Conducting bi-weekly or monthly meetings at the center is another solution to avoid lack of communication. Extended Reality [XR] Market The global extended reality (XR) market is expected to grow at a staggering CAGR of 45% during the assessment period. The market growth is driven by a range of factors, including increasing smartphone penetration, rising demand for digital environments, growing popularity of augmented reality and virtual reality technologies, and its applicability across various end-use industries. Market players are anticipated to focus on the development of extended reality solutions in collaboration with a number of startups that have entered the market, particularly in developed regions such as North America and Europe. Machine Learning Market The machine learning market is expected to advance at an explosive CAGR of ~27% during the forecast period. However, the implementation of ML models is emerging as a challenge for companies. For instance, computations with Big Data can lead to issues in processing performance of ML models, thus making even trivial operations expensive. Companies in the machine learning market should provide proper training for algorithms in order to improve computational feasibility on very large datasets. About Transparency Market Research Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. ContactMr Rohit BhiseyTransparency Market ResearchState Tower,90 State Street,Suite 700,Albany NY - 12207United StatesUSA - Canada Toll Free: 866-552-3453Email: [emailprotected] Website: https://www.transparencymarketresearch.com Press Release Source: https://www.transparencymarketresearch.com/pressrelease/demand-planning-solutions-market.htm SOURCE Transparency Market Research

Answer: Manufacturing Industries Pin Hopes on Demand Planning Solutions Market to Boost Performance of Supply Chains, Market to Cross Mark of US$ 14.5 Bn by 2030-End: TMR