Asia Pacific Business Plan Software Market Key Companies and SWOT Analysis by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027Asia Pacific Business Plan Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Platform (iOS, Windows, and Others), Deployment Type (On-Premise and Cloud), and Subscription Type (One-time, Monthly, and Annual)
- Report Date : Aug 2020
- Report Code : TIPRE00012958
- Category : Technology, Media and Telecommunications
- Status : Published
- Available Report Formats :
- No. of Pages : 65
The business plan software market in APAC is expected to grow from US$ 15034.46 Mn in 2019 to US$ 32523.87 Mn by 2027; it is estimated to grow at a CAGR of 10.48% from 2020 to 2027.
The China, Japan, South Korea, India, Australia, and Rest of APAC are major economies in APAC. The increasing number of start-ups has rises over the past few years. The stupendous growth in the industrialization is a result of the rising number of start-ups, small and medium enterprises (SMEs), and large organizations across industries. The start-up ecosystem is booming in the current scenario, and is driving the economy of every country. The new entrepreneurs are seeking business-planning services to assess their business prospects. Considering the fact, that majority of the emerging entrepreneurs in the developed countries are well aware of the benefits of software-based business planning, the demand for business plan software among the companies providing business planning services is surging. This parameter is positively influencing the growth of the Asia Pacific business plan software market
The availability of easy funding and the demand for advanced technology is resulting into the rise in number of start-ups in these regions. From the Asia perspective, China and India account for the majority share in terms of start-ups. China has witnessed a strong growth in the number of start-ups recently as the government promised to implement an innovation-driven development strategy and enhance competitiveness in the country. The continuous rise in the number of start-ups in the country is generating significant demand for software-based business planning services in order to gather comprehensive information on the market and business prospects. These factors are driving the growth of the business plan software market. Thus the growth in the increasing number of start-ups is expected to create a significant demand for business plan software in the coming years, which is further anticipated to drive the market in APAC. Moreover, Chinese VC deals have shrined between 50% and 57% points since the COVID 19 pandemic. Investments in the region dropped by 42% in 2019. After the coronavirus, there might be a 10%-20% decrease in 2020. The VC in start-ups are expected to witness drop, at least in Q1 and Q2 of 2020. Moreover, start-ups are wary of the Indian government move to change the FDI policy in an attempt to confine investment from China.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the business plan software market. The APAC business plan software market is expected to grow at a good CAGR during the forecast period. While there are diverse viewpoints on the damage, which COVID-19 may cause, the fact remains that COVID-19 is spreading rapidly. New cases are rising in all countries in APAC. Though the impacts on diverse businesses are well-known, the technology sector is also facing the largest disruption in recent remembrance.
APAC Business Plan Software Market Segmentation
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
APAC Business Plan Software Market – By Platform
- iOS
- Windows
- Others
APAC America Business Plan Software Market – By Deployment Type
- On-Premise
- Cloud
APAC Business Plan Software Market – By Subscription Type
- One-Time
- Monthly
- Annual
APAC Business Plan Software Market – By Country
- China
- Japan
- South Korea
- India
- Russia
- Rest of APAC
APAC Business Plan Software Market - Companies Mentioned
- UpMetrics
- PlanGuru, LLC
Asia Pacific Business Plan Software Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 15034.46 Million |
| Market Size by 2027 | US$ 32523.87 Million |
| Global CAGR (2020 - 2027) | 10.48% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Platform
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
Market Research & Consulting
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- UpMetrics
- PlanGuru, LLC
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