Strategic Planning Software Market Share, Size, Trends, and Forecast by 2031

The strategic planning software market is expected to register a CAGR of 13.3% during 2023–2031. Shift towards agile strategic planning and market expansion and globalization are likely to remain key trends in the market.

Strategic Planning Software Market Analysis

• The prospects of strategic planning software adoption are bright today. Many industries are embracing the use of such software to help navigate the complexities of the business environment, to provide information for decision making and to achieve competitive advantages.
• As decision making has become more urgent to respond to the challenges constantly besetting business environments, the demand for strategic planning software has been growing. Moreover, the complexity of corporate environments today necessitates the use of strategic planning software to facilitate decision-making and enhance competitive advantage.
• Technological advancements, especially in the integration of artificial intelligence (AI), the use of predictive analytics and a new wave of measuring the performance of organizations, are factors that have contributed to the growth and expansion of the strategic planning software market.

Strategic Planning Software Market Overview

• The strategic planning software market is experiencing strong growth due to its wide adoption in different industries. Amplification of business complexity arises from continuous disruptions in the environment and shifts in market forces/demographics.
• Recognizing this factor, enterprises are considering the use of tools that can help them anticipate critical business decisions, proactively mitigate or plan for risks, and maximize opportunities in any given situation. Strategic planning software allows organizations to analyze data, collaborate with virtual teams, and track performance relative to set strategies/targets in response to changing market dynamics.

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Strategic Planning Software Market: Strategic Insights

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Strategic Planning Software Market Drivers and Opportunities

Growing Complexity of Corporate Environments to Favor the Market

• However, the increasing complexity of the corporate environment is driving the growth of the strategic planning software market. On the one hand, a growing business complexity entails that companies face more dynamic, complex and unpredictable market conditions.
• On the other hand, it pushes for correspondingly more comprehensive data analysis in order to better understand the market and anticipate risks, identify opportunities and encounter uncertainties.
• Strategic planning software allows an organization to make data-driven decisions, based on proper analysis carried out. It also gives an organization the ability to match the complexity of the operating environment with the financial and labor resources that the company can reasonably deploy and control.
• In other words, nowadays, it is important for businesses to adapt to the increasing complexity of their operating environments to ensure their own agility and ability to anticipate change. This environmental factor is driving the need for strategic planning software.

Increasing Need for Proactive Decision-Making

• With the growing demand for foresight-driven decision-making, organizations require a platform to make fast, data-driven decisions based on changing business landscape to better leverage the opportunities and mitigate risks.
• Strategic planning software enables its users to generate sophisticated and customized models driving toward better and earlier decisions. The software provides tools and functionalities to analyze data, understand patterns and align evolving strategies to the changing business landscape.
• Using strategic planning software, organizations can make fast, proactive decisions to move faster and leverage opportunities from the market in a dynamic business environment. The demand for strategic planning software is due to the goal of better organizational performance and achieving strategic success in an ever-evolving business environment.

Strategic Planning Software Market Report Segmentation Analysis

Key segments that contributed to the derivation of the strategic planning software market analysis are deployment type, enterprise size, and end-user.

• Based on deployment type, the strategic planning software market is divided into cloud and on-premises.
• Based on the enterprise's size, the strategic planning software market is divided into small and medium-sized enterprises, and large enterprises.
• Based on the end-user, the strategic planning software market is divided into BFSI, IT and telecom, manufacturing, healthcare, retail, and others.

Strategic Planning Software Market Share Analysis by Geography

• Strategic Planning Software Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
• Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering Strategic Planning Software market dynamics, such as drivers, trends, and opportunities that are impacting the markets at the regional level.
• Also, the report covers PEST analysis, which involves the study of major factors that influence the Strategic Planning Software market in these regions.

Strategic Planning Software Market Regional Insights

The regional trends and factors influencing the Strategic Planning Software Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Strategic Planning Software Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Strategic Planning Software Market Report Scope

Strategic Planning Software Market Players Density: Understanding Its Impact on Business Dynamics

The Strategic Planning Software Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Strategic Planning Software Market are:

1. AchieveIt
2. ClearPoint Strategy
3. Envisio Solutions Inc.
4. MPOWR (SupplyCore Inc.)
5. Perforce Software, Inc.
6. Planview, Inc.

Disclaimer: The companies listed above are not ranked in any particular order.

Strategic Planning Software Market News and Recent Developments

The strategic planning software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the strategic planning software market are listed below:

• Leading supplier of performance management and strategic planning software, ClearPoint Strategy, has introduced two innovative innovations that will completely change the way businesses communicate and manage their strategic plans. (Source: ClearPoint Strategy, Press Release, January 2024)

Strategic Planning Software Market Report Coverage and Deliverables

The “Strategic Planning Software Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Strategic planning software market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Strategic planning software market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Strategic planning software market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the strategic planning software market
• Detailed company profiles