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Increasing Need for Functional Efficiency favors the Global Enterprise Resource Planning (ERP) Market Growth

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Increasing Need for Functional Efficiency favors the Global Enterprise Resource Planning (ERP) Market Growth

January 24
11:16 2022
Increasing Need for Functional Efficiency favors the Global Enterprise Resource Planning (ERP) Market Growth
Global Enterprise Resource Planning (ERP) Market
According to a new market research report launched by Inkwood Research, the Global Enterprise Resource Planning (ERP) Market is predicted to reach approximately $71.24 billion by 2030, growing at a CAGR of 9.82% over the forecasting years of 2022-2030.

According to a new market research report launched by Inkwood Research, the Global Enterprise Resource Planning (ERP) Market is predicted to reach approximately $71.24 billion by 2030, growing at a CAGR of 9.82% over the forecasting years of 2022-2030.

Browse 73 Market Data Tables and 57 Figures spread over 284 Pages, along with in-depth analysis on Global Enterprise Resource Planning (ERP) Market by Deployment, Enterprise Size, Business Functions, End-User, & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Enterprise Resource Planning (ERP) Market Scenario

Enterprise resource planning (ERP) is software that overlooks business activities like supply chain operations, risk management and compliance, project management, procurement, and accounting. A modern ERP solution provides flexible deployment options, low-code customization, sustainability, and enhanced privacy and security.

Further, ERP facilitates business efficiency by optimizing business operations. It further enables users to integrate multiple business areas into one program, allowing managers access to an overall database that encompasses client figures, invoices, orders, and information. Also, the users can update changes and implement them in real time.

Besides, finance is the critical element of any business. A complete ERP entails enterprise performance management and software that helps report, predict, budget, and plan the organization’s financial results. In addition, it eliminates data duplication and offers data integrity. Moreover, it provides comprehensive management visibility into operations. Therefore, the surging demand for improved operational efficiency and business processes propels the global enterprise resource planning (ERP) market growth. However, the market growth is hindered by the high costs and the vast presence of open-source ERP vendors.

The Global Enterprise Resource Planning (ERP) Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Enterprise Resource Planning (ERP) Market by Deployment, Enterprise Size, Business Functions, End-User, & by Geography: https://inkwoodresearch.com/reports/enterprise-resource-planning-market/#request-free-sample

Market Segmentation

Market by Enterprise Size

  • Small Enterprises
  • Large Enterprises
  • Medium Enterprises

Market by End-User

  • IT and Telecom
  • Retail
  • Military and Defense
  • Automotive
  • Banking, Financial Services & Insurance (BFSI)
  • Healthcare
  • Manufacturing
  • Government
  • Other End-User

Market by Business Functions

  • Finance
  • Inventory Management
  • Supply Chain
  • Customer Management
  • Human Resource (HR)
  • Manufacturing Module
  • Other Business Functions

Market by Deployment

  • Cloud
  • Hybrid
  • On-Premise

 

Report Highlights

– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities – Market forecasts till 2028, using estimated market values as the base numbers – Key market trends across the business segments, regions, and countries – Key developments and strategies observed in the market – Market dynamics such as drivers, restraints, opportunities, and other trends – In-depth company profiles of key players and upcoming prominent players – Growth prospects among the emerging nations through 2028

Companies Profiled

  • ORACLE CORPORATION
  • INFOR INC
  • INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)
  • EPICOR SOFTWARE CORPORATION
  • PLEX SYSTEMS INC (ACQUIRED BY FRANCISCO PARTNERS)
  • SYSPRO (PTY) LTD
  • MICROSOFT CORPORATION
  • SAP SE
  • QAD INC
  • DESKERA HOLDINGS LTD
  • UNIT4 NV (ACQUIRED BY ADVENT INTERNATIONAL)
  • INDUSTRIAL AND FINANCIAL SYSTEMS IFS AB
  • WORKDAY INC
  • IQMS (ACQUIRED BY DASSAULT SYSTEMES)
  • RAMCO SYSTEMS LIMITED (RSL)
  • THE SAGE GROUP PLC

 

Related Reports

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GLOBAL ENTERPRISE APPLICATION MARKET – The global enterprise application market growth is expected to progress at a CAGR of  10.23% during the forecast period, 2022-2030.

Media Contact
Company Name: Inkwood Research
Contact Person: Arvind Iyer
Email: Send Email
Phone: 1-(857) 293-0150
Country: United States
Website: https://www.inkwoodresearch.com/