Cloud ERP refers to use of cloud computing platforms and services for creating business operations better and evener. Cloud ERP consists of multiple software modules, and each module is mainly focused on a single area business process like material purchasing, accounting &finance and extensively used for back-office operations. The cloud ERP market is value will be $18.71 Billion in 2018, and it is anticipated to reach up to $32.86 Billion by the end of 2025 with a CAGR of 11.04% during the forecast period 2019-2025. Rising adoptions of mobile applications & cloud-based infrastructure, changes in the business dynamics and growing demands of Enterprise Resource Planning (ERP) solutions and services are the major factors which are driving the market growth. However, growing operational expenses and availability of open-source ERP applications are the major factors hindering the growth of the cloud ERP market. The public cloud is having the prominent share due to the free services and offering a pay-for-usage model.
Research Study Objectives:
- Define, estimate, and forecast the cloud ERP market statistics by type, deployment model, organisation size, end-user, and regions concerning the individual growth drivers, market trends and their contribution toward the cloud ERP market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the cloud ERP Market Analysis
- Analysis and conclusions on the future cloud ERP market outlook.
Top-down and bottom-up approaches are used to validate the cloud ERP market size and are used to estimate the size of
other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The
cloud ERP market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the
cloud ERP market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The cloud ERP market segmentation is as follows:
By Type
- Solutions
- Services
- Professional services
- Implementation
- Consulting
- Training and Education
- Support and Maintenance
- Managed services
By Function
- Finance
- Marketing
- Sales
- Operations
- Human Resource
By Deployment model
- Public cloud
- Private cloud
- Hybrid cloud
By Organisation size
- Small and medium enterprises
- Large enterprises
By End-user
- Banking and Financial Services and Insurance (BFSI)
- Manufacturing
- Government and Public Sectors
- Aerospace and Defense
- IT and Telecommunication
- Healthcare
- Retail
- Others
Geographical Analysis:
Cloud ERP Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland, and some other promising economies. APAC is further categorised by
countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the cloud ERP Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global cloud ERP Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant cloud ERP market players, such as
- Plex Systems, Inc.
- Ramco Systems Ltd.
- com
- Intacct Corporation
- Epicor Software Corporation
Along with these companies, many other companies are considered in the report while analysing the global cloud ERP competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
