Market Size –
The advanced planning and scheduling software market size has grown rapidly in recent years. It will grow from $1.07 billion in 2023 to $1.19 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to helping manufacturing firms by boosting productivity, increasing complexity in manufacturing, the rise of lean manufacturing, and e-commerce growth.
The advanced planning and scheduling software market size is expected to see rapid growth in the next few years. It will grow to $1.82 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to the requirement for advanced planning and scheduling (APS) software, utilization of automated solutions, alleviating the burden on IT departments, an increasing number of SMEs, and ongoing infrastructure development. Major trends in the forecast period include integration of AI and machine learning, technological advancements, demand sensing, edge computing for edge analytics, dynamic supply chain network design.
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Scope Of Advanced Planning And Scheduling Software Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Advanced Planning And Scheduling Software Market Overview
Market Drivers –
The rising focus on cloud technology is expected to propel the growth of the advanced planning and scheduling software market going forward. Cloud technology delivers computing resources over the Internet, including storage, processing power, and applications, offering on-demand access, flexibility, and scalability. The rising focus on cloud technology is driven by its ability to deliver cost-effective, scalable, reliable, and secure IT infrastructure that enables businesses to innovate, collaborate, and compete more effectively in the digital economy. Cloud-based advanced planning and scheduling software offers greater accessibility and flexibility than traditional on-premises solutions, enabling users to access the software from anywhere with an internet connection, enabling remote collaboration and decision-making. For instance, according to reports published by AAG IT Services, a UK-based IT services company, Infrastructure as a Service (IaaS) public cloud service revenue surged from $343 billion in 2021 to $415 billion in 2022. Therefore, the rising focus on cloud technology drives the growth of the advanced planning and scheduling software market.
Market Trends –
Major companies operating in the advanced planning and scheduling software market are focused on developing innovative capabilities for deeper visibility into manufacturing and the supply chain. Deeper visibility refers to gaining a more comprehensive and detailed understanding of the processes, activities, and dynamics within a business’s manufacturing and supply chain operations. For instance, in March 2022, Logility Inc., a US-based digital supply chain platform, launched upgrades to its software designed to elevate planning capabilities across the product lifecycle. This platform leverages advanced analytics, artificial intelligence (AI), and machine learning (ML) to empower businesses to achieve end-to-end visibility, drive sustainability initiatives, enhance operational performance, and strengthen relationships with suppliers and customers. It automatically populates the geographical locations of providers, depicting relationships among various provider types, including agents, vendors, factories, contractors, and suppliers.
The advanced planning and scheduling software market covered in this report is segmented –
1) By Type: Cloud-Based, Web-Based
2) By Application: Large Enterprises, Small and Medium Enterprises (SMEs)
3) By Industry : Manufacturing, Pharmaceuticals And Life Sciences, Retail And Consumer Goods, Food And Beverage, Chemicals, Automotive, Aerospace And Defense, Electronics, Other Industries
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Regional Insights –
North America was the largest region in the advanced planning and scheduling software market in 2023. The regions covered in the advanced planning and scheduling software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the advanced planning and scheduling software market are Microsoft Corporation, Siemens AG, Oracle Corporation, Oracle NetSuite, SAP SE, 3PL Central LLC, Workday Inc., The Sage Group plc, PTC Inc., Infor Global Solutions, Epicor Software Corporation, IFS AB, E2open LLC, Anaplan Inc., Kinaxis Inc., QAD Inc., Logility Inc., GAINSystems Inc., Blue Ridge Solutions Inc., Plex Systems Inc., Blue Yonder, Syspro Limited, Dassault Systèmes DELMIA Corp., Demand Management Inc., ToolsGroup Srl, Ab Ovo B.V., Vanguard Software Corporation, Ultra Consultants Inc., Aptean, Saviom Software Pty Ltd.
Table of Contents
1. Executive Summary
2. Advanced Planning And Scheduling Software Market Characteristics
3. Advanced Planning And Scheduling Software Market Trends And Strategies
4. Advanced Planning And Scheduling Software Market – Macro Economic Scenario
5. Global Advanced Planning And Scheduling Software Market Size and Growth
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31. Advanced Planning And Scheduling Software Market Other Major And Innovative Companies
32. Global Advanced Planning And Scheduling Software Market Competitive Benchmarking
33. Global Advanced Planning And Scheduling Software Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Advanced Planning And Scheduling Software Market
35. Advanced Planning And Scheduling Software Market Future Outlook and Potential Analysis
36.Appendix
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