Advanced Planning and Scheduling (APS) Software Market is expected to reach US$ 2,941.27 million by 2028

Published Date: 30 Dec 2021

Report : Advanced Planning and Scheduling (APS) Software Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Deployment (Cloud-Based and On-Premise), Organization Size (Large Enterprises and SMEs) and Industry (Manufacturing, Pharmaceuticals & Life Sciences, Retail & Consumer Goods, Food & Beverage, Chemicals, Automotive, Aerospace and Defense, Electronics, and Others)

Scope for Continuous Innovations in advanced planning and scheduling (APS) software to Provide Growth Opportunities for Advanced Planning and Scheduling (APS) Software Market During 2021–2028

According to our latest market study on “Advanced Planning and Scheduling (APS) Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Deployment, Organization Size, Industry, and Geography,” the advanced planning and scheduling (APS) software market is projected to reach US$ 2,941.27 million by 2028 from US$ 1,491.22 million in 2021; it is expected to grow at a CAGR of 9.0% from 2021 to 2028.

 

Vendors operating in the advanced planning and scheduling (APS) software market need to innovate and offer comprehensive solutions continuously. This can be achieved by increasing research and development (R&D) investments and spending on mergers and acquisitions (M&A). M&A vendors can extend their offering across developing regions and enhance their technological capabilities. They can also expand their advanced planning and scheduling (APS) software suite by adding features that integrate the legacy solutions, including MES and ERP. For example, Cybertec’s Cyberplan advanced planning and scheduling (APS) software can easily integrate all key ERPs, including SAP, JDE, Sage, Oracle, and Panthera. In most cases, end users prefer APS software that can be integrated with their existing ERP systems without any hassle. Therefore, vendors such as Dassault Systems Acumatica Inc., Siemens, and Plex Systems are now considering offering advanced planning and scheduling (APS) software solutions with integration capability.

Competition in the advanced planning and scheduling (APS) software market is increasing with the rise in the number of vendors entering the market. The vendors are likely to consider adding more functionalities to their software products to differentiate themselves from competitors. Vendors must try to anticipate future trends beforehand. For instance, artificially advanced analytics is becoming a potential focus point for many advanced planning and scheduling (APS) software market players. Offering an end-to-end suite would further help manufacturers increase efficiency and reduced complexity.

 

Based on deployment, the advanced planning and scheduling (APS) software market is bifurcated into on-premise and cloud. In 2020, the on-premise segment led the advanced planning and scheduling (APS) software market, accounting for a larger market share. By organization size, the advanced planning and scheduling (APS) software market is bifurcated into SMEs and large enterprises. In 2020, the large enterprises segment accounted for a larger market share. Based on industry, the advanced planning and scheduling (APS) software market is segmented into manufacturing, pharmaceuticals & life sciences, retail & consumer goods, food & beverage, chemicals, automotive, aerospace and defense, electronics, and others. In 2020, the manufacturing segment accounted for the largest market share in advanced planning and scheduling (APS) software market. Geographically, the advanced planning and scheduling (APS) software market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, North America accounted for a significant share in the global advanced planning and scheduling (APS) software market.

 

Impact of COVID-19 Pandemic on global advanced planning and scheduling (APS) software Market

According to the latest situation report from World Health Organization (WHO), the US, India, Brazil, Russia, the UK, France, Italy, Germany, Argentina, and South Africa are some of the worst-affected countries due to the COVID-19 outbreak. The COVID-19 crisis affected industries worldwide, and the global economy was worst hit until mid-2021. The advanced planning and scheduling (APS) software market industry was adversely affected due to shutdowns, travel bans, trade bans, and border lockdowns.

ACUMATICA, INC; ASPROVA CORPORATION; Cybertec; Dassault Systemes SE; DELFOI OY; GLOBAL SHOP SOLUTIONS; INFORM SOFTWARE; PLEX SYSTEMS; Siemens AG; THE ACCESS GROUP; SAP SE; and PlanetTogether are among the major companies operating in the advanced planning and scheduling (APS) software market.

Advanced Planning and Scheduling (APS) Software Market — by Geography, 2020 and 2028 (%)
Advanced Planning and Scheduling (APS) Software Market — by Geography, 2020 and 2028 (%)

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