Cloud ERP Market Size Worth USD 141.68 Billion in 2028, Market Trends – Increasing integration of big data analytics with cloud ERP solutions

May 04 14:27 2021
The global cloud ERP market size reached USD 44.83 Billion in 2020 and is expected to register a CAGR of 15.6% during the forecast period

The global cloud ERP market size reached USD 44.83 Billion in 2020 and is expected to register a CAGR of 15.6%, during the forecast period, according to latest analysis by Emergen Research. Global cloud ERP market revenue growth is expected to be driven by increasing need to streamline business processes, rising demand for real-time analytics to improve operational efficiency, and increasing integration of big data analytics with cloud ERP solutions. In addition, this trend is expected to continue to propel revenue growth of the global cloud ERP market going ahead.

The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. Additionally, the report also covers details of the company, such as sales and distribution area, product portfolios, specifications, and others.

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Some Key Highlights From the Report

Factors such as increasing introduction of IoT, Artificial Intelligence, and big data analytics in cloud ERP leading to rising adoption of cloud ERP among SMEs in countries in North America, which is expected to drive growth of the market in the region during the forecast period.

Key players in the market include Microsoft Corporation, Oracle Corporation, SAP SE, Sage Group plc, Workday, Inc., QAD Inc., Genius Solutions, Inc., OpenPro, Inc., Acumatica, Inc., and Ramco Systems Limited.

In April 2020, QAD Inc. announced advancements to QAD adaptive ERP and related solutions to allow adaptive manufacturing enterprises to respond to industry disruption more rapidly.

 Key Questions Answered in the Report:

  • What will be the estimated growth rate of the cloud ERP market by 2028?
  • Who are the prominent distributors, vendors, and manufacturers of the market?
  • What are the driving and restraining factors of the growth of the cloud ERP market throughout the forecast period?
  • What are the current and future market trends of the cloud ERP market?
  • What are the sales and price analysis of the product by types, applications, and regions?
  • What are the expected opportunities for the companies and new entrants in the coming years?

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Emergen Research has segmented the global cloud ERP market on the basis of deployment, organization size, application, end-use, and region:

  • Deployment Outlook (Revenue, USD Billion; 2018–2028)
    • Private Cloud
    • Public Cloud
    • Hybrid Cloud
  • Organization Size Outlook (Revenue, USD Billion; 2018–2028)
    • Small and Medium-sized Enterprises
    • Large Enterprises
  • Application Outlook (Revenue, USD Billion; 2018–2028)
    • Finance
    • Operations
    • Sales & Marketing
    • Others
  • End-use Outlook (Revenue, USD Billion; 2018–2028)
    • Manufacturing
    • Healthcare
    • IT and Telecom
    • Retail
    • Transportation and Logistics
    • Government
    • Media & Entertainment
    • BFSI
    • Others

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Cloud ERP industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021–2028

Chapter 3. Key Insights

Chapter 4. Cloud ERP Market Segmentation & Impact Analysis

    4.1. Cloud ERP Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing need to streamline business processes

                    4.2.2.2. Increasing demand for real-time analytics to improve operational efficiency

                    4.2.2.3. Rising demand for solutions for data-driven business decisions

                    4.2.2.4. Increasing demand for efficient, paper-free accounting, and orders management solutions

          4.2.3. Market restraints analysis

                    4.2.3.1. Limited customization scope

                    4.2.3.2. Systems integration issues

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Cloud ERP Market By Deployment Insights & Trends, Revenue (USD Billion)

    5.1. Deployment Dynamics & Market Share, 2021–2028

          5.1.1. Private Cloud

          5.1.2. Public Cloud

          5.1.3. Hybrid Cloud

Chapter 6. Cloud ERP Market By Organization Size Insights & Trends, Revenue (USD Billion)

    6.1. Organization Size Dynamics & Market Share, 2021–2028

          6.1.1. Small and Medium-Sized Enterprises

          6.1.2. Large Enterprises

Chapter 7. Cloud ERP Market By Application Insights & Trends, Revenue (USD Billion)

    7.1. Application Dynamics & Market Share, 2021–2028

          7.1.1. Finance

          7.1.2. Operations

          7.1.3. Sales & Marketing

          7.1.4. Others

CONTINUE…!

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