The North America advanced planning and scheduling (APS) software market is expected to grow from US$ 546. 51 million in 2020 to US$ 1,033. 86 million by 2028; it is estimated to grow at a CAGR of 8. 4% from 2021 to 2028.
New York, May 27, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "North America Advanced Planning and Scheduling Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment, Organization Size, and Industry" - https://www.reportlinker.com/p06075721/?utm_source=GNW
The growing adoption of cloud-based solutions is expected to escalate the North America advanced planning and scheduling (APS) software market. Software users are looking for more flexible and easy-to-use solutions that can be accessed remotely, from any place, at any time. This led to growth in the demand for cloud-based APS software. Vendors operating in the North America market are therefore adding cloud deployment options to their APS software products. Companies such as Dassault Systèmes, Asprova Corporation, Plex Systems, and Siemens, are among other companies offering cloud-based solutions to effectively cater to the growing cloud computing needs. Further, cloud-based APS software solutions and their deployment are less expensive, and thus, small and medium organizations can adopt these solutions for optimizing their production process. Moreover, cloud-based APS software is less expensive and are scalable, which is further gathering the attention of small and medium enterprises. Along with small and medium enterprises, large organizations are also planning to shift to cloud-based APS software solutions for leveraging their features such as affordability, scalability, flexibility, and ease of use. These advantages are expected to escalate the North America advanced planning and scheduling (APS) software market.
In case of COVID-19, North America is highly affected, especially the US.North America is one of the most important regions for the adoption and growth of new technologies due to favorable government policies to boost innovation, the presence of a huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada.
Hence, any impact on the growth of industries is expected to affect the region’s economic growth negatively.The US is one of the prominent markets for APS software.
The huge increase in the number of confirmed cases and rising reported deaths in the country has affected numerous industries, including manufacturing.The factory and business shutdowns across the US, Canada, and Mexico has negatively impacted the adoption of the APS software.
Several industries in the region are working on APS software to manage their complex production process. However, due to the closed business of various industries the market for APS software slightly affected in 2020. Moreover, APS vendors continued their operations remotely to offer the best services to their end users. The impact of COVID-19 is short-term; it is likely to decrease in the coming months.
Based on deployment, the on-premise segment led the North America advanced planning and scheduling (APS) software market in 2020.The on-premise deployment refers to the installation, maintenance, and management of software and solutions within the end user’s systems and environments; thus, it helps companies collect and store information within their premises or systems, which helps them gain protection against data breaching.
Moreover, this setup allows companies to control third-party interferences.The on-premise deployment of solutions provides end-users with better control over processes and data.
The on-premise deployment of solutions may not seem like an attractive option for SMEs due to its high initial capital investments and infrastructural requirements, however this deployment is widely preferred by large enterprises focusing on handling huge data. Advantages of on-premise deployment such as cost effective, customization, and more safety are expected to escalate its demand, thereby driving the growth of the North America advanced planning and scheduling (APS) software market.
The overall North America advanced planning and scheduling (APS) software market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the North America advanced planning and scheduling (APS) software market.
The process also serves the purpose of obtaining overview and forecast for the North America advanced planning and scheduling (APS) software market with respects to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America advanced planning and scheduling (APS) software market. ACUMATICA, INC; ASPROVA CORPORATION; CYBERTEC; Dassault Systèmes SE; GLOBAL SHOP SOLUTIONS; INFORM SOFTWARE; PLEX SYSTEMS; Siemens AG; and THE ACCESS GROUP are among a few players operating in the North America advanced planning and scheduling (APS) software market.
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