Dublin, June 10, 2022 (GLOBE NEWSWIRE) — The “Global Enterprise Resource Planning Market 2022-2028” report has been added to from ResearchAndMarkets.com offer.
The global enterprise resource planning market is expected to grow at a compound annual growth rate of 7.28% in revenue over the forecast period 2022-2028.
Factors such as growing need to develop competitive strategies and real-time decision making coupled with increasing demand for efficiency are supporting the overall development of the enterprise resource planning market.
Moreover, the surge in demand for ERP solutions and its integration with big data and IoT are expected to create new opportunities for the market studied. However, increasing vulnerabilities and common exposures along with high costs are hampering the growth of the global market.
The global enterprise resource planning market encompasses the regions of North America, Asia-Pacific, Latin America, Europe, Middle East and Africa.
Asia-Pacific is expected to become the fastest growing market region during the forecast phase. The region’s robust growth is attributed to easy access to resources and low-wage manufacturing labor. Several large companies are implementing on-premises ERP solutions to improve overall productivity and performance. In this regard, a solid IT infrastructure should further support the growth of cloud-enabled ERP software. Additionally, a growing number of start-ups and SMBs prefer cloud-enabled software because it is less expensive than on-premises solutions. These factors are expected to expand the scope and growth of the enterprise resource planning market.
The major companies that are thriving in the enterprise resource planning market are Workday Inc, Deskera Holdings Ltd, The Sage Group Plc, Infor Inc, IBM Corporation, Syspro Ltd, Ramco Systems Limited, Epicor Software Corporation, SAP SE, Microsoft Corporation, Oracle Corporation, Plex Systems Inc, Qad Inc, IQMS, IFS AB and Unit4 NV.
IBM Corporation is an integrated information technology company that provides services such as consulting and delivery of various products and services. It offers cloud and cognitive products, enterprise software and financing solutions. The company serves a variety of clients in the financial services, industrial, communications and retail sectors. IBM operates in several regions, including Europe, the Middle East and Africa, Asia-Pacific and Latin America. Its headquarters are in New York, USA.
Main topics covered:
1. Global Enterprise Resource Planning Market – Summary
2. Industry Outlook
2.1. Impact of Covid-19 on the Enterprise Resource Planning Market
2.2. Parent Market Analysis: Enterprise Application Market
2.3. Enterprise Resource Planning (ERP) Timeline
2.4. key ideas
2.4.1. Emergence of the Erp Cloud
2.4.2. Social media is gaining prominence among Erp merchants
2.4.3. Integrated ERP is one of the most important emerging trends
2.4.4. Acquisition has become a primary growth strategy
2.5. Porter’s Five Forces Analysis
2.5.1. The threat of new entrants
2.5.2. The threat of substitutes
2.5.3. The bargaining power of buyers
2.5.4. Bargaining power of suppliers
2.5.5. Threat of competitive rivalry
2.6. Key impact analysis
2.6.3. Ease of use
2.7. Market attractiveness index
2.8. Vendor Scorecard
2.9. industry components
2.10. Key Market Strategies
2.10.1. Mergers and Acquisitions
2.10.2. Product launches and developments
2.10.3. Partnerships and agreements
2.10.4. Business expansions and divestitures
2.11. Market factors
2.11.1. Growing need to develop competitive strategies and real-time decision making
2.11.2. Growing demand for efficiency
2.12. Market challenges
2.12.1. Increasing common vulnerabilities and exposures (Cve)
2.12.2. High Costs Limiting Erp Software Adoption
2.12.3. Easy Availability of Open Source Erp Software
2.13. Market opportunities
2.13.1. Increase in ERP demand
2.13.2. Integration of ERP with Big Data and Internet of Things (IoT)
3. Global Enterprise Resource Planning Market Outlook – By Enterprise Size
3.1. Large companies
3.2. Medium Enterprises
3.3. Small enterprises
4. Global Enterprise Resource Planning Market Outlook – By Deployment
4.1. On the site
5. Global Enterprise Resource Planning Market Outlook – By Application
5.2. Human Resources (HR)
5.3. Supply Chain
5.4. Customer management
5.5. Inventory management
5.6. Manufacturing module
5.7. Other Apps
6. Global Enterprise Resource Planning Market Outlook – By Verticals
6.4. Banking, financial services and insurance (Bfsi)
6.6. IT and Telecom
6.7. Health care
6.8. Military and Defense
6.9. Other verticals
7. Global Enterprise Resource Planning Market – Regional Outlook
8. Competitive landscape
8.1. Deskera Holdings Ltd
8.2. Epicor Software Corporation
8.3. IBM Corporation
8.4. If Ab
8.5. info inc
8.7. Microsoft Corporation
8.8. Oracle Corporation
8.9. Plex Systems Inc
8.10. Qad Inc.
8.11. Ramco Systems Limited
8.12. The Sage plc group
8.13. Sap Se
8.14. Syspro Ltd
8.15. Unit4 SA
8.16. Workday Inc.
9. Research methodology and scope
For more information on this report, visit https://www.researchandmarkets.com/r/vr3ppa