Europe Trade Promotion Management Software Market Forecast to 2030 - Regional Analysis - by Component (Solution and Services), Deployment Type (Cloud and On-premise), Application (Large Enterprises and Small & Medium Size Enterprises), and Industry Vertical (Retail & Consumer Goods, Pharmaceutical, IT & Services, Manufacturing, and Others)
The Europe trade promotion management software market is expected to grow from US$ 385.16 million in 2022 to US$ 832.65 million by 2030. It is estimated to grow at a CAGR of 10.1% from 2022 to 2030... もっと見る
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SummaryThe Europe trade promotion management software market is expected to grow from US$ 385.16 million in 2022 to US$ 832.65 million by 2030. It is estimated to grow at a CAGR of 10.1% from 2022 to 2030.Focus on Online Promotions Drives Europe Trade Promotion Management Software Market The category of users is widespread and is playing a huge role in impacting the growth of industries such as retail, consumer goods, IT, and healthcare. Pertaining to the fact that Generation X and Millennials generation account for ~35– 40% of the global population, retailers and consumer goods manufacturers are offering these generations more choices and lower prices. Hence, the leading and well-established retailers and manufacturers are working on new promotional activities to retain customers from these generations. Loyalty programs, discounts, and traditional and social ads are a few of the techniques used by companies to maintain their customer base. As a result, consumer goods and other industries should spend on trade promotion tools to keep retailers and manufacturers earning more revenue. This use of trade promotion management solutions can create demand for software to keep them running efficiently. Moreover, the trend of e-commerce is prevailing heavily and gaining high momentum among diversified industries. Gen X spends more time on online websites and tends to be loyal customers. This factor encourages the companies to put additional emphasis on marketing and trade promotion, which is another factor encouraging consumer goods, retailers, and other sectors to invest substantially in trade promotion activities. Due to the above-mentioned factors, the companies have an opportunity to target this generation for online promotions. To manage the promotions, the need for trade promotion management solutions will rise, which is anticipated to create numerous opportunities for the trade promotion management software market growth in the coming years. Europe Trade Promotion Management Software Market Overview Germany, Russia, France, the UK, and Italy are the major countries in Europe. The countries are known for large-scale industrialization. Thus, they hold great potential for adopting advanced solutions that boost the productivity of various industrial and urban processes. European countries are concentrated with prominent industries such as retail & consumer goods. In addition, Norway, Finland, Sweden, the Netherlands, Denmark, and Switzerland are the other European countries that have made robust contributions to the technological advancements of the region, which is anticipated to bolster the trade promotion management software market in Europe in the coming years. In Europe, changing consumer behavior, external influences, and industry dynamics contribute to the growth of the trade promotion management software market. Hybrid shopping rise in discounters, stagnating mass market, the emergence of e-grocery, competition in digital areas, and stringent regulation are among the factors boosting the growth of the fast-moving consumer goods companies in Europe. These factors will encourage retailers and consumer goods companies to invest significantly in advanced marketing techniques using promotional methods. In addition, the region houses leading and large consumer goods companies such as Nestlé, Procter & Gamble, Unilever, PepsiCo, Anheuser-Busch InBev, Mondelèz International, The Coca-Cola Company, L'Oréal, Danone, and Kraft Heinz Company, which hold significant share in the FMCG sector in terms of sales. To maintain their position in the market, these companies use sophisticated and advanced promotional tools to generate greater revenue with higher ROI while making the best of their investments. Therefore, considering the above parameters, the trade promotion management software market is gaining traction in the region. Europe Trade Promotion Management Software Market Revenue and Forecast to 2030 (US$ Million) Europe Trade Promotion Management Software Market Segmentation The Europe trade promotion management software market is segmented into component, deployment type, application, Industry vertical, and country . Based on component, the Europe trade promotion management software market is bifurcated into solution and services. The solution segment held a larger share of the Europe trade promotion management software market in 2022. In terms of deployment type, the Europe trade promotion management software market is bifurcated into cloud and on-premise . The cloud segment held a larger share of the Europe trade promotion management software market in 2022. Based on application, the Europe trade promotion management software market is bifurcated into large enterprises and SMEs. The large enterprises segment held a larger share of the Europe trade promotion management software market in 2022. In terms of industry vertical the Europe trade promotion management software market is segmented into retail & consumer goods, pharmaceutical, it and services, manufacturing, and others . The retail & consumer goods segment held the largest share of the Europe trade promotion management software market in 2022. Based on country, the Europe trade promotion management software market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Germany dominated the Europe trade promotion management software market in 2022. Wipro Ltd; PSignite Group Inc; Aera Technology; TELUS; o9 Solutions, Inc.; Oracle Corp; SAP SE; UpClear; Anaplan Inc; and Aforza Inc are among the leading companies operating in the Europe trade promotion management software market. Table of ContentsTABLE OF CONTENTS1. Introduction 1.1 The Insight Partners Research Report Guidance 1.2 Market Segmentation 2. Executive Summary 2.1 Key Insights 2.2 Market Attractiveness 3. Research Methodology 3.1 Coverage 3.2 Secondary Research 3.3 Primary Research 4. Europe Trade Promotion Management Software Market Landscape 4.1 Overview 4.2 PEST Analysis 4.3 Ecosystem Analysis 4.3.1 List of Vendors in Value Chain 5. Europe Trade Promotion Management Software Market - Key Industry Dynamics 5.1 Trade Promotion Management Software Market - Key Industry Dynamics 5.2 Market Drivers 5.2.1 Rise in Expenditure on Trade Promotion Management 5.2.2 Growing Need for Software Solutions 5.2.3 Digitalization of Trade Promotion Operations 5.3 Market Restraints 5.3.1 Preference for Spreadsheet and Sell-out Based Payments 5.4 Market Opportunities 5.4.1 Focus Towards Online Promotions 5.4.2 Revolution of Data Analytics 5.5 Future Trends 5.5.1 Use of Advanced Analytics for Trade Promotion Management 5.6 Impact of Drivers and Restraints: 6. Trade Promotion Management Software Market – Europe Market Analysis 6.1 Trade Promotion Management Software Market Revenue (US$ Million), 2020 – 2030 6.2 Trade Promotion Management Software Market Forecast and Analysis 7. Europe Trade Promotion Management Software Market Analysis - Component 7.1 Solution 7.1.1 Overview 7.1.2 Solution Market, Revenue and Forecast to 2030 (US$ Million) 7.2 Services 7.2.1 Overview 7.2.2 Services Market, Revenue and Forecast to 2030 (US$ Million) 8. Europe Trade Promotion Management Software Market Analysis – Deployment Type 8.1 Cloud 8.1.1 Overview 8.1.2 Cloud Market, Revenue and Forecast to 2030 (US$ Million) 8.2 On-Premise 8.2.1 Overview 8.2.2 On-Premise Market, Revenue and Forecast to 2030 (US$ Million) 9. Europe Trade Promotion Management Software Market Analysis - Application 9.1 Large Enterprises 9.1.1 Overview 9.1.2 Large Enterprises Market, Revenue and Forecast to 2030 (US$ Million) 9.2 SMEs 9.2.1 Overview 9.2.2 SMEs Market, Revenue and Forecast to 2030 (US$ Million) 10. Europe Trade Promotion Management Software Market Analysis - Industry Vertical 10.1 Retail & Consumer Goods 10.1.1 Overview 10.1.2 Retail & Consumer Goods Market, Revenue and Forecast to 2030 (US$ Million) 10.2 Pharmaceutical 10.2.1 Overview 10.2.2 Pharmaceutical Market, Revenue and Forecast to 2030 (US$ Million) 10.3 IT and Services 10.3.1 Overview 10.3.2 IT and Services Market, Revenue and Forecast to 2030 (US$ Million) 10.4 Manufacturing 10.4.1 Overview 10.4.2 Manufacturing Market, Revenue and Forecast to 2030 (US$ Million) 10.5 Others 10.5.1 Overview 10.5.2 Others Market Revenue and Forecast to 2030 (US$ Million) 11. Europe Trade Promotion Management Software Market - Country Analysis 11.1 Europe: Trade Promotion Management Software Market 11.1.1 Europe: Trade Promotion Management Software Market, by Key Country – Revenue (2022) (US$ Million) 11.1.2 Europe: Trade Promotion Management Software Market, by Key Country 11.1.2.1 Germany: Trade Promotion Management Software Market – Revenue and Forecast to 2030 (US$ Million) 11.1.2.1.1 Germany: Trade Promotion Management Software Market Breakdown by Component 11.1.2.1.2 Germany: Trade Promotion Management Software Market Breakdown by Deployment Type 11.1.2.1.3 Germany: Trade Promotion Management Software Market Breakdown by Application 11.1.2.1.4 Germany: Trade Promotion Management Software Market Breakdown by Industry Vertical 11.1.2.2 UK: Trade Promotion Management Software Market – Revenue and Forecast to 2030 (US$ Million) 11.1.2.2.1 UK: Trade Promotion Management Software Market Breakdown by Component 11.1.2.2.2 UK: Trade Promotion Management Software Market Breakdown by Deployment Type 11.1.2.2.3 UK: Trade Promotion Management Software Market Breakdown by Application 11.1.2.2.4 UK: Trade Promotion Management Software Market Breakdown by Industry Vertical 11.1.2.3 France: Trade Promotion Management Software Market – Revenue and Forecast to 2030 (US$ Million) 11.1.2.3.1 France: Trade Promotion Management Software Market Breakdown by Component 11.1.2.3.2 France: Trade Promotion Management Software Market Breakdown by Deployment Type 11.1.2.3.3 France: Trade Promotion Management Software Market Breakdown by Application 11.1.2.3.4 France: Trade Promotion Management Software Market Breakdown by Industry Vertical 11.1.2.4 Italy: Trade Promotion Management Software Market – Revenue and Forecast to 2030 (US$ Million) 11.1.2.4.1 Italy: Trade Promotion Management Software Market Breakdown by Component 11.1.2.4.2 Italy: Trade Promotion Management Software Market Breakdown by Deployment Type 11.1.2.4.3 Italy: Trade Promotion Management Software Market Breakdown by Application 11.1.2.4.4 Italy: Trade Promotion Management Software Market Breakdown by Industry Vertical 11.1.2.5 Russia: Trade Promotion Management Software Market – Revenue and Forecast to 2030 (US$ Million) 11.1.2.5.1 Russia: Trade Promotion Management Software Market Breakdown by Component 11.1.2.5.2 Russia: Trade Promotion Management Software Market Breakdown by Deployment Type 11.1.2.5.3 Russia: Trade Promotion Management Software Market Breakdown by Application 11.1.2.5.4 Russia: Trade Promotion Management Software Market Breakdown by Industry Vertical 11.1.2.6 Rest of Europe: Trade Promotion Management Software Market – Revenue and Forecast to 2030 (US$ Million) 11.1.2.6.1 Rest of Europe: Trade Promotion Management Software Market Breakdown by Component 11.1.2.6.2 Rest of Europe: Trade Promotion Management Software Market Breakdown by Deployment Type 11.1.2.6.3 Rest of Europe: Trade Promotion Management Software Market Breakdown by Application 11.1.2.6.4 Rest of Europe: Trade Promotion Management Software Market Breakdown by Industry Vertical 12. Industry Landscape 12.1 Overview 12.2 Market Initiative 13. Company Profiles 13.1 Wipro Ltd 13.1.1 Key Facts 13.1.2 Business Description 13.1.3 Products and Services 13.1.4 Financial Overview 13.1.5 SWOT Analysis 13.1.6 Key Developments 13.2 PSignite Group Inc 13.2.1 Key Facts 13.2.2 Business Description 13.2.3 Products and Services 13.2.4 Financial Overview 13.2.5 SWOT Analysis 13.2.6 Key Developments 13.3 Aera Technology 13.3.1 Key Facts 13.3.2 Business Description 13.3.3 Products and Services 13.3.4 Financial Overview 13.3.5 SWOT Analysis 13.3.6 Key Developments 13.4 TELUS 13.4.1 Key Facts 13.4.2 Business Description 13.4.3 Products and Services 13.4.4 Financial Overview 13.4.5 SWOT Analysis 13.4.6 Key Developments 13.5 o9 Solutions, Inc. 13.5.1 Key Facts 13.5.2 Business Description 13.5.3 Products and Services 13.5.4 Financial Overview 13.5.5 SWOT Analysis 13.5.6 Key Developments 13.6 Oracle Corp 13.6.1 Key Facts 13.6.2 Business Description 13.6.3 Products and Services 13.6.4 Financial Overview 13.6.5 SWOT Analysis 13.6.6 Key Developments 13.7 SAP SE 13.7.1 Key Facts 13.7.2 Business Description 13.7.3 Products and Services 13.7.4 Financial Overview 13.7.5 SWOT Analysis 13.7.6 Key Developments 13.8 UpClear 13.8.1 Key Facts 13.8.2 Business Description 13.8.3 Products and Services 13.8.4 Financial Overview 13.8.5 SWOT Analysis 13.8.6 Key Developments 13.9 Anaplan Inc 13.9.1 Key Facts 13.9.2 Business Description 13.9.3 Products and Services 13.9.4 Financial Overview 13.9.5 SWOT Analysis 13.9.6 Key Developments 13.10 Aforza Inc 13.10.1 Key Facts 13.10.2 Business Description 13.10.3 Products and Services 13.10.4 Financial Overview 13.10.5 SWOT Analysis 13.10.6 Key Developments 14. Appendix 14.1 About The Insight Partners 14.2 Word Index
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