Dublin, Oct. 09, 2020 (GLOBE NEWSWIRE) — Asia-Pacific Business Plan Software Market Forecast to 2027 – Impact and Analysis of COVID-19 – by Platform (iOS, Windows and Others) , Deployment Type (On-Premises and Cloud), and Subscription Type (One-Time, Monthly, and Yearly) report has been added to from ResearchAndMarkets.com offer.
Business plan software market in APAC region is expected to grow from US$15,034.46 million in 2019 to US$32,523.87 million by 2027; it is estimated to grow at a CAGR of 10.48% from 2020 to 2027.
Due to the cost-effectiveness of the solutions, the demand for business plan software is booming among SMEs and start-ups. With the rise of technology-based business plan solutions, many emerging businesses are opting for business planning tools, which help them get a proper view of their upcoming business. Writing a business plan is a crucial step for any business. From the point of view of SMEs, which are looking for financing, creating a business plan is a difficult task.
Implementing business plan software is less expensive than opting for business plan writing services. However, the fees charged by business plan service companies vary depending on the needs of the business. These companies typically charge editorial fees, as well as additional feature costs. For example, Go Business Plan charges around $1500 for writing a business plan and around $150-300 for editing.
Additionally, business plan software provides research-focused resources such as investor information, business tips, and market analysis. The profitability of business plan software is attracting a significant number of business owners, which is catalyzing the growth of the APAC business plan software market. Majority of the traction in the APAC business plan software market is generated by developed countries with a higher number of emerging companies. Moreover, in developed countries, capital investments can be easily obtained from private investors as well as public investors.
The cloud segment led the business plan software market based on deployment type in 2019. The technology industry has witnessed a significant increase in the development and adoption of cloud-based software in recent times . This growth is mainly attributed to the cloud-based software simplifying the planning process with personalized business plan templates.
Also, developed countries have developed an internet infrastructure which is booming in several developing countries, which enables end users in both developed and developing countries to access the cloud-based business planning software. This factor is driving the APAC business plan software market. Business plan software developers continuously invest in the development of robust and secure cloud-based software in an effort to protect customer data and prevent cyberattacks.
The COVID-19 outbreak has had a devastating effect on APAC. Governments of countries like China and India are taking drastic measures to reduce the effects of this epidemic by imposing lockdowns.
Main topics covered:
1.1 Scope of the study
1.2 Guidelines for the research report
1.3 Market Segmentation
2. Main Takeaways
3. Research methodology
3.2 Secondary research
3.3 Primary research
4. Business Plan Software Market Landscape
4.1 Market Overview
4.2 PEST analysis
4.3 Ecosystem analysis
4.4 Expert Opinions
5. Business Plan Software Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in the number of startups
5.1.2 Cost-effectiveness of business plan software versus services
5.2 Market Constraints
5.2.1 Major reliance on traditional business planning tools
5.3 Market Opportunities
5.3.1 Growing awareness in developing countries in the APAC region
5.4 Future trends
5.4.1 Focus on improving data security to prevent data loss
5.5 Impact analysis of drivers and constraints
6. Business Plan Software Market – APAC Market Analysis
6.1 Business Plan Software Market Overview
6.2 APAC Business Plan Software Market – Revenue and Forecast to 2027 (USD Thousand)
6.3 Market Positioning – Key Players
7. Business Plan Software Market Analysis – By Platform
7.2 APAC Business Plan Software Market, by Platform (2019 & 2027)
8. Business Plan Software Market Analysis – By Deployment Type
8.2 APAC Business Plan Software Market, by Deployment Type (2019 & 2027)
9. Business Plan Software Market Analysis – By Subscription Type
9.2 APAC Business Plan Software Market, By Subscription Type (2019 & 2027)
10. Business Plan Software Market – Geographical Analysis
11. Impact of the COVID-19 pandemic on the Business Plan Software Market
11.1 Impact of Covid-19 Pandemic on Business Planning Software Market
11.1.1 Asia-Pacific: assessment of the impact of the COVID-19 pandemic
12. Business Planning Software Market and Industry Landscape
13. Business Profiles
13.1.1 Key Facts
13.1.2 Description of the activity
13.1.3 Products and services
13.1.4 Financial overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 PlanGuru, LLC
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