Cloud ERP Market 2018 Global Leaders Overview: SAP SE, Microsoft, Sage Group, Oracle, Infor, Ramco Systems, Netsuite, Syspro, IBM

Market Research Future published a research report on “Cloud ERP Market Research Report - Global Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario:

The cloud enterprise resource planning market is increasing at a fast pace due to advancement in technology and internet of things. The cloud ERP market has numerous advantages which includes cloud ERP being cheaper up front, stable and easy to use. The cloud software is hosted on the vendor’s servers and accessed through a web browser. Growing organizations that want to use ERP as a multi-tiered strategy, cloud ERP is now a compelling option. Two key reasons to consider the cloud as a vital solution include: lower capital expenditures and a significant decrease on IT cost.

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The cloud ERP market is segmented on the basis of deployment type, vertical and organization size. By deployment type segment consists of public, private and hybrid. A public cloud is one based on the standard cloud computing model, in which a service provider makes resources, such as applications and storage, available to the general public over the Internet. Public cloud services may be free or offered on a pay-per-usage model.

The global Cloud ERP market is expected to grow approximately at USD 28 Billion by 2022, at approx. 8% of CAGR between 2016 and 2022.

Key Players:

The prominent players in the cloud ERP market are Microsoft Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Infor (U.S.), Ramco Systems (India), IBM Corporation (U.S.), Sage Group Plc. (U.K.), Netsuite Inc. (U.S.), Totvs S.A. (Brazil), Syspro (South Africa), among others.

Segments:

Cloud ERP Market for segment on the basis of deployment type, organization size and vertical.

Cloud ERP Market by Deployment Type:
• Public
• Private
• Hybrid

Cloud ERP Market by Organization Size:
• Small and Medium Enterprises
• Large Enterprises

Cloud ERP Market by Vertical:
• Manufacturing
• BFSI
• Healthcare
• Retail
• Government
• Aerospace & Defense
• IT and Telecommunications

Regional Analysis:

The regional analysis of transport predictive analytics market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. North America is expected to have the largest market share and dominate the cloud ERP market, due to the presence of large number of cloud ERP solution vendors and early innovative technology adopters across the U.S. and Canada. Asia-Pacific includes emerging economies, such as China, Japan, and India, which are rapidly transforming into business hubs with the regional expansion of global enterprises and the emergence of large number of small and medium enterprises.

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Intended Audience

• Cloud service providers
• Investors and consultants
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• Automotive Sector

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This release was published on openPR.