Cloud ERP Market Will Generate New Growth Opportunities in the Next Upcoming Years
Download Free PDF Sample Copy of the Report (with covid 19 Impact Analysis)
Increasing adoption of cloud-based services with integrated business management and on-demand access to computing services across the world are the key factors driving the global cloud ERP market. Cloud ERP is a shared database that supports several functions used across different business units that relies on the cloud rather than proprietary server infrastructure to support businesses share information across segments. The need for empowering on-demand access to computing and large storing facilities are driving companies towards Cloud ERP. For instance, in 2017, Blackbaud, the world’s leading cloud software company, expanded partnership with Microsoft for pursuing non-profit cloud solutions to create high growth opportunities in the future market.
Any Question | Speak to Analyst
Cloud ERP Market Market Segmentation
Cloud ERP Functions
Human Capital Management
Sales and Marketing
Inventory and Order Management
Finance and Accounting
Cloud ERP Segmentation by End-use Industry
Banking & Financial Services
IT and Telecommunication
Aerospace & Defense
Government and Public Sectors
Cloud ERP Components
Cloud ERP Market Segmentation by Organization
Small & Medium Enterprises
Cloud ERP Segmentation By Region
Rest of Europe
Rest of Asia-Pacific
Rest of World
The Middle East and Africa
Click here for more detailed report
The Services Segment is Expected to Register Exponential Growth during the Forecast Period
Based on components, the Cloud ERP market is segmented into solutions and services. Among these, services are expected to be the fastest growing segment in the market. The service sector is on high growth trajectory, driven by enhanced adaptation of cloud computing, raising innovation accessible by digitalization technique, and financial applications. It also reduces redundant task, supplies process management, and improves the precision of financial data. These factors are creating the high growth opportunities which gives a further push to the banking & financial services, retail, government and public sectors, and automotive, among others.
Banking & Financial Services Segment is Expected to Witness the Highest CAGR during the Forecast Period
Based on end-use industry, the banking & financial services segment of the Cloud ERP market is expected to grow at the highest rate in the coming years. Cloud ERP maintains operational efficiency and provides solutions and services that can benefit enterprises across the BFSI to compete with today’s digital world. It also minimizes huge infrastructure cost by providing business flexibility and professional and advisory services, which ultimately increases the growth opportunities for cloud-based ERP market during the forecast period.
Purchase This Report (Price 3937.5 USD for single user license)
Asia-Pacific: The Fastest Growing Regional Market
Geographically, North America, comprising the U.S. and Canada, accounted for the largest share of the global market. However, Asia-Pacific is expected to witness rapid growth during the forecast period. The growth of this market is mainly attributed to the adoption of advanced technologies, such as cloud computing, artificial intelligence, big data analytics, IoT, machine learning, and digital transformation. The related rise in the use of new technological advancements and a surge in applications of cloud-based ERP in BFSI, government, and retail fields are majorly attributed to the large of share this region. For instance, in 2017, Oracle launched a GST acquiescent ERP cloud for India, which will help companies to prepare for the GST and the country’s transformational tax reforms. Moreover, the necessity for crystalline and efficient business processes in various industries is also anticipated to drive the growth of cloud-based ERP software market, especially in Asia-Pacific region.
Enquire Here Get Customization & Check Discounts for Report
The key players operating in the global cloud ERP market are Oracle Corporation (US), SAP SE (Germany), Workday (US), Ramco Systems (India), IQMS (US), Rootstock Software (US), Infor (US), Unit4 (Netherlands), Microsoft Corporation (US), Sage Software (UK), Acumatica (US), Deltek (US), Plex Systems (US), and QAD Inc (US).
Related report - Big Data Security Market
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Office No-202, 203,204,205,206
2nd Floor, Pushpak Business Hub,
The name of our company defines our services, strengths, and values. Since the inception, we have endeavoured to research, analyze and present the critical market data with great attention to details.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cloud ERP Market Will Generate New Growth Opportunities in the Next Upcoming Years here
News-ID: 2251359 • Views: 225
More Releases from Meticulous Research
Interactive Display Market to Surpass with CAGR of 8.08% and Garner Revenue of $ …
Meticulous Research® – leading global market research company published a research report titled “Global Interactive Display Market by Product (Interactive Flat Panel Display, Interactive Whiteboard, Interactive Kiosk, Interactive Video Wall), Panel Size, Technology, End-User, and Geography – Global Forecast to 2027”. According to this latest publication from Meticulous Research, the global interactive display market is projected to reach a value of USD 35.03 billion by 2027, growing at a CAGR of
Artificial Intelligence (AI) In Cybersecurity Market (COVID-19 Analysis) Benefit …
Meticulous Research®– a leading global market research company published a research report titled “Artificial Intelligence (AI) in Cybersecurity Market by Technology (ML, NLP), Security (Endpoint, Cloud, Network), Application (DLP, UTM, Encryption, IAM, Antivirus, IDP), Industry (Retail, Government, Automotive, BFSI, IT, Healthcare, Education), Geography – Global Forecast to 2027”. According to this latest publication from Meticulous Research®, Artificial Intelligence in Cybersecurity Market is expected to grow at a CAGR of 23.6% from
Mid-revenue Cycle Management/ Clinical Documentation Improvement Market to Surpa …
Meticulous Research– leading global market research company published a research report titled “Mid-revenue Cycle Management/Clinical Documentation Improvement Market by Product & Service [Solutions (Coding, Charge Capture, DRG Group, Pre-Bill Review), Consulting Services], End User (Providers, Payers), and Geography – Global Forecast to 2027”. Download Free PDF Sample Copy of the Report (with covid 19 Impact Analysis) https://www.meticulousresearch.com/download-sample-report/cp_id=5012 According to this latest publication from Meticulous Research, the mid-revenue cycle management/clinical documentation improvement market is
Market Agriculture Analytics Market 2020: Potential growth, attractive valuation …
Meticulous Research – a leading global market research company, published a research report titled “Agriculture Analytics Market by Component (Solutions, Services), Application (Farm, Livestock, Aquaculture, and Others), Deployment (Cloud, On-premise), Farm Size (Small and Medium-sized Farms, Large Farms), and Region – Global Forecast to 2027”. According to this latest publication from Meticulous Research, the agriculture analytics market is expected to grow at a CAGR of 17.5% from 2019 to 2027 to
More Releases for ERP
VAT Enabled ERP Software - AxolonERP
VAT Complaint ERP in UAE The end of the fiscal year of 2016-17 brought a novel taxation scheme in the UAE and Saudi Arabia – VAT. The VAT or Value Added Tax changed the way enterprises of all types and scales worked as far as accounting and finance management is concerned. The invoicing; inventory management; investment and asset planning and billings of all kinds experienced changes and the need of the
ERP System: Order Tracking
Pathak Technosys can provide you with ERP System too. WE have created one of the Order tracking system for our Client. An order tracking system is important because it's a key component of the overall customer experience, which is gaining more and more importance in the B2B space. Wysetek is an Application prepared for tracking your orders. It is basically an ERP system for maintaining the orders received and order delivered in
Itech Solutions: - Best erp systems
Itech Solutions ERP Lite is the best Software provider settled in Bangalore since 2009. Our Software additionally provides a specialized software popularly called ERP Software for Real-estate, Retail, Health care, Manufacturing and Education. In Simple words associate ERP is the incorporated programming arrangement as well as all the practical bureaus of the enterprise. Erp Lite software contains of coordinated elements of Accounts and Finance administration, Sales, marketing and CRM Management,
Visibility Launches the ERP Connection
The ERP Connection blog provides unique insight into Enterprise Resource Planning and more. ANDOVER, MA – August 9, 2011 – Visibility Corporation has launched the ERP Connection blog, to share a unique perspective on ERP systems, implementations, and other humorously related topics. Authored by the staff at Visibility, the ERP blog will have a primary focus on the manufacturing industry, while mixing in personal tales of adventure. The ERP
abas ERP sales boom
Production-, manufacturing-, distribution companies, and automotive suppliers, selected abas ERP to move towards an economic recovery Karlsruhe, Germany, January 04th 2011 – The IFO Business Climate Index confirms that business development in many industries is again rapidly increasing. In comparison to 2009, ABAS has again seen a significant rise in sales. Especially mid-market custom manufacturers and automotive suppliers seeking technological and organizational changes while moving towards an economic recovery and increasing
Abecor Sistemes selected abas ERP
Barcelona, Spain / Karlsruhe, Germany – Abecor Sistemes S.L. focuses on industrial engineering and the automation of industrial processes. Located in Barcelona, local software partner ABAS Business Solutions Ibérica S.L. will ensure a smooth and successful implementation. Abecor’s (abecor.com) business portfolio includes PLC programming and process management for various industries such as, paper, chemistry, and cellulose. Abecor’s experience and professionalism allows them to offer concrete solutions and adapt them to