Press release
Global Microsoft Dynamics Services Market Overview 2033 : Forecasted Market Size And Growth Rate | Samsung Group, Nestlé S.A, Bosch Group, PepsiCo Inc., Siemens AG, International Business Machines Corporation
"The new report published by The Business Research Company, titled ""Microsoft Dynamics Services Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the Microsoft dynamics services market size has grown rapidly in recent years. It will grow from $7.86 billion in 2023 to $9.24 billion in 2024 at a compound annual growth rate (CAGR) of 17.5%. The Microsoft dynamics services market size is expected to see rapid growth in the next few years. It will grow to $17.80 billion in 2028 at a compound annual growth rate (CAGR) of 17.8%.
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Empowering Digital Transformation Through Dynamic Solutions
The growing digital transformation is expected to propel the growth of the Microsoft dynamics services market going forward. Digital transformation is the strategic adoption of digital technologies to revolutionize processes, operations, and services for enhanced efficiency and effectiveness. The growing digital transformation can be attributed to factors such as technological advancements, evolving consumer expectations, increasing competition, globalization, and the need for cost-efficiency. Microsoft dynamic services facilitate digital transformation by providing comprehensive solutions for seamless integration, automation, and optimization of business processes across various departments and functions. For instance, in November 2023, the Central Digital and Data Office, a UK-based cabinet office led the government's digital and data function, between April 2022 and April 2023, the Government's Digital and Data profession experienced a notable expansion of 19%, effectively meeting crucial demands for digital expertise. Therefore, the growing digital transformation is driving the growth of the Microsoft dynamics services market.
Advancements In Enterprise Resource Planning (ERP) Enhanced Business Efficiency
Major companies operating in the Microsoft dynamics services market are focused on developing advanced accounts receivable (AR) automation software solutions to enhance efficiency and streamline financial processes. Accounts receivable (AR) automation software streamlines invoice processing, payment tracking, and collections management to optimize financial operations. For instance, in January 2024, Nuvei Corporation, a Canada-based payment technology company, launched enterprise resource planning (ERP) integration with Microsoft Dynamics 365. This integration allows businesses to seamlessly incorporate various payment methods, such as card payments, instant bank transfers, and ACH transactions, into their existing Dynamics 365 business central module. By leveraging Nuvei's expertise in ERP payments and accounts receivable automation, businesses in sectors such as manufacturing, distribution, wholesale, and construction can streamline their accounting workflows and improve back-office reconciliation processes.
The microsoft dynamics services market covered in this report is segmented -
1) By Product Type: Enterprise Resource Planning (ERP), Customer Relationship Management (CRM)
2) By Service Type: Advisory Or Consulting Services, Implementation, Upgradation And Migration Services, Maintenance And Support Services
3) By Deployment Type: On Premise, Cloud Based
4) By End User: Banking, Financial Services And Insurance, Manufacturing, Retail, Information Technology And Telecom, Education, Healthcare, Other End Users
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Major companies operating in the microsoft dynamics services market are Samsung Group, Nestlé S.A, Bosch Group, PepsiCo Inc., Siemens AG, International Business Machines Corporation, Tata Consultancy Services Limited, Cap Gemini SA, Cognizant Technology Solutions Corporation, Infosys Technologies Private Limited, HCL Tecchnologies Limited, Wipro Limited, Avanade Inc, Hitachi Solutions Ltd, SA.gobal, Folio3, Calsoft Systems Inc., HexaCorp LLC, Sunrise Technologies Inc., ScienceSoft
Contents of the report:
1. Executive Summary
2. Microsoft Dynamics Services Market Report Structure
3. Microsoft Dynamics Services Market Trends And Strategies
4. Microsoft Dynamics Services Market - Macro Economic Scenario
5. Microsoft Dynamics Services Market Size And Growth
…..
27. Microsoft Dynamics Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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