Enterprise Resource Planning (ERP) Market Analysis

According to a report by Evolve Business Intelligence, the global enterprise resource planning market was valued at $43.72 billion in 2020 and is expected to reach $117.09 billion by 2030, growing at a CAGR of 10% from 2021 to 2030. The study covers information regarding growth drivers and investment strategies for each of the reader’s analysts. The reader will get valuable insights about the key players and their development prospects for 2019, 2020 and 2021. This latest report on pre-COVID-19 and post-COVID-19 impact analysis will help investors keep abreast of mainstream of the current market. activity and plan future investments accordingly.

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The report includes 10 key players in the Enterprise Resource Planning (ERP) market ecosystem that have been strategically profiled along with the ranking/market share of key players. The key players profiled in the report are:

• IBM Corporation
• Information
• Microsoft Corporation
• NetSuite Inc.
• Oracle Corporation
• Sage Group Plc.
• SAP SE
• SYSPRO
• TOTVS S.A.
• Unit 4

The research team conducted a study on the Enterprise Resource Planning (ERP) market. This study indicated a positive outlook for the future based on current and past data along with an in-depth review of key trends that could impact the long-term performance of this sector. Based on our findings, we see growth opportunities in some specific key areas that we believe are ripe for new applications. To determine the quantities of these opportunities, we looked closely at factors such as the accessibility of the required raw materials and the ease of access to sources for those who would be potentially interested in learning more about these materials and their unique qualities in order to that they can consider incorporating them into their manufacturing process or commercializing them.

The study examines the growth potential of the Enterprise Resource Planning (ERP) market globally, by region and by country. The report analyzes how and why market trends are affecting the market in different parts of the world. Then, it sheds light on the opportunities available to companies that want to get involved in this industry, regardless of the product or service they offer.

Impact of COVID-19 and post-Covid scenario
The COVID-19 pandemic has impacted the industry over the past year. Several financial impacts, including disruptions, were felt over a long period of time in various markets. Our research interviewed hundreds of people in the same geographic markets to gather information.

In terms of the impact of COVID 19, the Enterprise Resource Planning (ERP) Market report also includes the following data points:
• Impact of COVID-19
• Government aid and industry recovery policies
• Recent corporate developments to combat the negative impact
• Window of opportunity and post-COVID trend

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Market Segment by Component with Emphasis on Market Share, Consumption Trend and Growth Rate of Enterprise Resource Planning (ERP) Market:
• Software
• Services

Market Segment by Deployment Model with Emphasis on Market Share, Consumption Trend and Growth Rate of Enterprise Resource Planning (ERP) Market:
• On the site
• Cloud
• Hybrid

Market Segment by Company Size with Emphasis on Market Share, Consumption Trend and Growth Rate of Enterprise Resource Planning (ERP) Market:
• Large companies
• Medium-sized companies
• Small enterprises

Market Segment by Business Function with Emphasis on Market Share, Consumption Trend and Growth Rate of Enterprise Resource Planning (ERP) Market:
• Finance
• Human Resources (HR)
• Supply Chain
• Customer management
• Inventory management
• Manufacturing module
• Others

Market Segment by Industry Vertical with Emphasis on Market Share, Consumption Trend and Growth Rate of Enterprise Resource Planning (ERP) Market:
• Manufacturing
• BFSI
• Health care
• Retail distribution
• Government and public services
• IT & Telecom
• Construction
• Aerospace and Defense
• Others

Enterprise Resource Planning (ERP) Global Geographic Coverage:
• North America
o United States
o Canada

• Europe
o United Kingdom
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia-Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East and Africa
o Saudi Arabia
o WATER
o Egypt
o South Africa
o Rest of MEA

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Key matrix
• Base year: 2021
• Estimated year: 2022
• CAGR: 2022 to 2030

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence and consulting company that provides innovative solutions to tough business problems. Our market research reports include data useful for micro, small, medium and large businesses. We provide solutions ranging from simple data collection to business consulting.
Evolve Business Intelligence is built on the foundation of technological advancements providing highly accurate data through our in-house AI modeled data analysis and forecasting tool – EvolveBI. This tool tracks real-time data, including quarterly performance, annual performance, and recent developments for Fortune 2000 global companies.

This press release was published on openPR.