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Enterprise Resource Planning (ERP) Software Market 2023 Size Industry, Current Trends, Share Estimation By 2032 With Top Players
ERP Software Market
As per the ERP software market report by The Business Research Company, increased need for bringing efficiency and transparency in the business operations is expected to benefit the enterprise resource planning software market in the forecast period as ERP enables the integration of high volume of data among several departments and manages the flow of information and communication throughout the organization
The global erp software market size will grow from $167.33 billion in 2022 to $187.88 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global erp software market size is expected to grow to $294.34 billion in 2027 at a CAGR of 11.9%.
Read More On The ERP software Market Report Here:
https://www.thebusinessresearchcompany.com/report/erp-software-global-market-report
Major competitors in the ERP software market include SAP, Oracle, Microsoft, Epicor, Infor, Sage Intacct, NetSuite, IFS, Syspro, Brightpearl, FinancialForce, Dolibarr, Awery Aviation, WP, Kechie, Stafiz, BatchMaster, Intuit Inc., FIS Global, Finserv, Cerner Corporation, SS&C Technology, Constellation Software Inc., Odoo, Lawson, Consona Corp., Activant, QAD, Kronos and IBM.
The ERP software market is segmented -
• By Function: Finance, HR, Supply Chain, Other Functions
• By Deployment: On Premise ERP, Cloud ERP
• By Vertical: Manufacturing and Services, BFSI, Healthcare, Retail, Government Utilities, Aerospace & Defense, Telecom, Other Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the ERP software market.
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ERP is a software that organizations use to manage day-to-day business operations such as procurement, accounting, project management, risk management & compliance, and supply chain activities.
The main function types of enterprise resource planning (ERP) software are finance, HR, Supply Chain and Others. The ERP finance module is the software component of an enterprise resource planning system that handles the primary accounting and financial management functions. The software is deployed as on premise ERP and cloud ERP that are used by manufacturing and services, BFSI, healthcare, retail, government utilities, aerospace and defense, telecom, and other industry verticals.
The Table Of Content For The ERP software Market Include:
1. Executive Summary
2. Enterprise Resource Planning (ERP) Software Market Characteristics
3. Enterprise Resource Planning (ERP) Software Market Trends And Strategies
4. Enterprise Resource Planning (ERP) Software Market - Macro Economic Scenario
5. Enterprise Resource Planning (ERP) Software Market Size And Growth
6. Enterprise Resource Planning (ERP) Software Market Segmentation
……
26. Africa Enterprise Resource Planning (ERP) Software Market
27. Enterprise Resource Planning (ERP) Software Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Enterprise Resource Planning (ERP) Software Market
29. Enterprise Resource Planning (ERP) Software Market Future Outlook and Potential Analysis
30. Appendix
The "Global ERP Software Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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