The Asia Pacific Category Management Software Market would witness market growth of 11.3% CAGR during the forecast period (2022-2028).
Many vendors and retailers are implementing category management solutions in stores and warehouses in order to maintain client needs both offline and online through omnichannel platforms and efficiently manage stocks. Utilizing category management tools makes it simple to examine vendor agreements and understand that merchants might make modest advantages by streamlining procurement processes, further promoting industry growth.
Supply chain risk can be significantly decreased by putting category management solutions and services into place. Using enhanced category management tools, businesses can find anomalous spending, identify areas where they can make improvements, and start cutting costs. The increasing acceptance of these solutions is also because of their widely known thorough, configurable reports and graphing features.
The demand for category management in the Asia Pacific region is anticipated to be driven by significant infrastructure investments made by the government and business sectors, particularly in India and Indonesia. SCM software and services are also driven by the most recent trends of widespread adoption of trucking and computerization leading to Work In Progress (WIP), scaled shipping and delivery of raw materials, and finished goods around the world, and significantly improving cost, quality, and delivery of supply chain.
The China market dominated the Asia Pacific Category Management Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $232.5 million by 2028.The Japan market is estimated to grow a CAGR of 10.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 12% during (2022 - 2028).
Based on Offering, the market is segmented into Solution and Services. Based on Solution Type, the market is segmented into Assortment Planning, Planogram Software, Floor Planning Software and Others. Based on Application, the market is segmented into Retail, Distribution and Consumer Packaged Goods. Based on Deployment Mode, the market is segmented into Cloud and On premise. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Category Management Software Market is Projected to reach USD 2.9 Billion by 2028, at a CAGR of 10.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, Epicor Software Corporation, Aptos, LLC, Board International S.A., Interactive Edge, 42 Technologies, Inc., Cognizant Technology Solutions Corporation, GEP Worldwide, Jagger LLC, and DotActiv (Pty) Ltd.
By Offering
By Application
By Deployment Mode
By Enterprise Size
By Country
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