Cloud-based Enterprise Resource Planning (ERP) Industry Analysis | Top Players Such as - Epicor Software, Infor and Aptean

According to the report published by Allied Market Research, The Cloud-based Enterprise Resource Planning (ERP) Industry Analysis | Top Players Such as - Epicor Software, Infor and Aptean . The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.

Rise in applications of cloud-based ERP in manufacturing, government, and retail fields. The Asia-Pacific cloud-based ERP market is expected to grow at the highest rate, followed by LAMEA during the forecast period. The need for transparent and modernized manufacturing processes in diverse industries is expected to drive the growth of cloud-based ERP software in Asia-Pacific.

Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/4577

The global cloud-based ERP market was valued at USD 13,238 million in 2016, and is projected to reach USD 32,184 million by 2023, growing at a CAGR of 13.6% from 2017 to 2023.

The cloud-based ERP market is segmented based on component, function, end user, industry vertical, and region. By component, the market is categorized into software and services. The services segment is further studied across professional and managed services. As per function the market is classified into finance, HR, supply chain, and others. Based on end users the market is segmented into large, mid-size, and small organizations. Based on industry vertical, it is classified into manufacturing & services, BFSI, healthcare, retail, government, aerospace & defense, IT & telecom, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Update Available On-Demand at: https://www.alliedmarketresearch.com/on-demand-updates/A04225

The software segment contributed the highest share in 2016. This segment accounted for USD 8,211 million in 2016 and is projected to grow at the CAGR of 12.8% during the forecast period. The cloud-based ERP market for managed services is projected to grow at the highest rate of 14.8%.

Other functions segment generated maximum share of revenue in 2016 and is expected to dominate the market throughout the forecast period at the CAGR of 16.8%. The cloud-based ERP market for finance is expected to witness a highest CAGR of 17.7% during the forecast period, followed by retail.

If you have any questions, Please feel free to contact our analyst at: https://www.alliedmarketresearch.com/connect-to-analyst/4577

The North American cloud enterprise resource planning market generated the highest revenue in 2016, owing to increase in adoption of cloud-based solutions, presence of many enterprises, and rise in the adoption of IoT. The Asia-Pacific cloud-based ERP market is expected to grow at the highest CAGR, owing to increase in penetration of the internet and surge in adoption of ERP application in the government agencies. Furthermore, SMEs in the region require technologically advanced solutions to manage departments & functions, which fosters the adoption of cloud-based enterprise applications.

The key players operating in the cloud enterprise resource planning industry include Oracle, IBM, Microsoft, SAP, Sage Group Plc, QAD Inc., IFS AB, Epicor Software Corp., Infor, and Aptean. These players have expanded their market presence by adopting various business strategies such as acquisition, geographical expansion, product development, strategic alliance, and collaboration.

Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/4577

Key findings of the study

• The software segment accounted for the highest share of the global cloud-based ERP industry by component in 2016, growing at a CAGR of 12.8% from 2017 to 2023.

• The professional services segment by services generated the highest revenue share in 2016 and is projected to grow at a rate of 16.8%.

• The North America cloud-based ERP market generated the highest share, valued at USD 5,375 million, in terms of revenue in 2016.

• The cloud-based ERP market in finance is expected to witness growth during the forecast period.

Buy Complete Report (225 Pages PDF with Insights, Charts, Tables, and Figures) at:
https://www.alliedmarketresearch.com/cloud-based-enterprise-resource-planning-erp-market/purchase-options

Thanks for reading this article you can also get individual chapter-wise sections or region-wise report versions like North America Europe or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Access the full summary at: https://www.alliedmarketresearch.com/cloud-based-enterprise-resource-planning-erp-market

Contact:
David Correa
5933 NE Win Sivers Drive
#205 Portland OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn and Twitter

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles Avenue. An e-access library is accessible from any device anywhere and at any time for entrepreneur's stakeholder's researchers and students at universities. With reports on more than 60000 niche markets with data comprising of 600000 pages along with company profiles on more than 12000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

This release was published on openPR.