Global CPG Software Market Overview:
Consumer packaged goods software supports businesses to manage and monitor products as they move along the supply chain from manufacturing to sales. CPG solutions enhance transparency and simplify the production, warehousing, distribution, marketing and sales of consumable goods. There is a shift in customer demand from traditional packaged products to local and improved alternatives. Small CPG companies are facing the challenges of keeping low logistics costs, ensuring delivery on-time to retailers, refining product marketing, tracking inventory and more.
- Rising Adoption of Cloud Based Solutions
- Growing Demand for Tracking Mechanism
- High Cost Associated With CPG Software
- High Growth in E-Commerce Sector
- Rising Need for Business Intelligence & Insights
- Concern Regarding Data Security and Privacy
Some of the key players profiled in the report are NetSuite (United Sates), Fishbowl Inventory Distribution (United States), Systum (United States), Agiliron Distribution (United States), Deskera ERP (Singapore), Zangerine (United States), Odoo (Belgium), Adobe (United States), Epicor Prophet 21 (United States) and Salesforce (United States). Additionally, following companies can also be profiled that are part of our coverage like Lead Commerce (United States), Sage 100cloud (United States) and Acumatica (United States). Analyst at AMA Research see United States Players to retain maximum share of Global CPG Software market by 2026. Considering Market by Deployment Mode, the sub-segment i.e. On Premises will boost the CPG Software market.
Latest Market Insights:
On December 31, 2019 - Deskera, a world-leading cloud ERP provider, has announce its partnership with PTC Systems one of the largest IT system integrator that has proven its expertise in providing enterprise data management solutions for years. As part of this strategic collaboration, Deskera will be expanding its presence in ASEAN. At the same time, this association will strengthen PTC systems’ cloud-based ERP solutions portfolio.
What Can be Explored with the CPG Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global CPG Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in CPG Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global CPG Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in CPG Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes CPG Software Providers, Industry Association, Downstream Vendors, CPG Industry and Regulatory Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.