Press release
Cloud-Based ERP Market: Escalating to $46.14 billion in 2025 with CAGR 5.8%, Driven by Rising Demand for Industry-Specific Solutions and Advanced Analytics
Cloud-Based ERP Market Size
Shaping the Future Through Advancements in Cloud-Based ERP: Market Insights and Key Trends for 2024-2029.
What Is The Projected Market Size Of The Global Cloud-Based ERP Market And Its Growth Rate?
• The cloud-based ERP market size is showing strong growth, expected to escalate from $43.61 billion in 2024 to $46.14 billion in 2025 at a CAGR of 5.8%.
• Growth in the historic period can be attributed to transition to cloud computing, need for scalability in enterprise resource planning (ERP), cost reduction and resource optimization, increased mobility and accessibility of data, growing awareness of software as a service (SaaS) models.
• The cloud-based ERP market size shows potential for rapid growth in the next few years, with a projected size of $73.91 billion in 2029 at a CAGR of 12.5%.
• The forecasted growth can be attributed to a rise in demand for industry-specific cloud ERP solutions, growing emphasis on cybersecurity in cloud-based ERP, expansion of cloud ERP in SMEs, advanced analytics, and hybrid cloud adoption.
What Is Driving The Growth In The Cloud-Based ERP Market?
The growth of the cloud-based ERP market is largely driven by growing digitization, IoT adoption, and a thriving cloud computing environment. Cloud ERP provides real-time information, facilitates vital business insights instantly, improves decision-making, and enables better interaction between devices. Furthermore, this cost-effective option allows employees in small to mid-sized businesses to access the system from any device. As per a study by McKinsey, companies investing in advanced technologies during this period reported significant operational efficiencies and enhanced customer engagement metrics. Particularly, businesses utilizing AI and machine learning witnessed a 20% increase in productivity on average.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=5869&type=smp
Who Are the Key Players Driving Cloud-Based ERP Market Growth?
• SAP SE
• Microsoft Corporation
• Oracle Corporation
• IBM Corporation
• Infor Inc.
• Sage Group plc
• Aptean
• Epicor Software Corporation
• Acumatica Inc.
• Ramco Systems Limited
• Deltek Inc.
• Plex Systems Inc.
• Syspro
• Unit4 N. V.
• QAD Inc.
• Workday Inc
• Netsuite Inc.
• Daffodil Software Ltd
• Certinia (FinancialForce Inc.)
• IQMS (Dassault Systemes SE)
• Rootstock Software (The Danville Group Inc.)
• IFS AB
• Genius Solutions Inc.
• OpenPro Inc.
• Koch Industries Inc.
• Sapphire Systems (Kechie ERP)
• Brahmin Solutions LLC
• Method Integration Inc.
• Deskera Holdings Limited
• Blue Link Associates Limited
• Brightpearl Limited
What Are The Key Trends In The Cloud-Based ERP Market?
• Industry-specific solutions
• Mobile ERP
• Blockchain integration
• Continuous updates and improvements
• Focus on user experience
What Are The Segments Of The Global Cloud-Based ERP Market?
• By Component: Solution, Service
• By Organization Size: Small And Medium-sized Enterprises, Large Enterprises
• By Development Model: Private Cloud, Public Cloud, Hybrid Cloud
• By End-Use Industry: Automotive, Aerospace And Defense, Retail, Banking And Financial Services, IT And Telecommunication, Education, Government And Public Sectors, Other End-Use Industries
Which Region Leads The Cloud-Based ERP Market?
North America led the cloud-based ERP market in 2024, with Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa also contributing significantly.
Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/cloud-based-erp-global-market-report-)
What Is Covered In The Cloud-Based ERP Market Global Market Report?
- Market Size Analysis: Analyze the Cloud-Based ERP Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Cloud-Based ERP Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Cloud-Based ERP Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Cloud-Based ERP Market .
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/Customise?id=5869&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
"Learn More About The Business Research Company
With over 15,000+ reports covering 27 industries across 60+ geographies, The Business Research Company provides comprehensive, data-rich research and insights. With 1,500,000 datasets, we contribute in-depth secondary research and unique insights from industry leaders to provide the information you need to stay ahead. Our flagship product, the Global Market Model, is a leading market intelligence platform providing comprehensive and up-to-date forecasts to support informed decision-making."
This release was published on openPR.
Permanent link to this press release:
Copy
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-Based ERP Market: Escalating to $46.14 billion in 2025 with CAGR 5.8%, Driven by Rising Demand for Industry-Specific Solutions and Advanced Analytics here
News-ID: 3812482 • Views: …
More Releases from The Business research company
Leading Companies Reinforce Their Presence in the Blanket Market
The blanket market is steadily gaining traction as consumers increasingly seek comfort and style in their home essentials. With evolving preferences and technological advancements, this sector is set to experience consistent growth. Let's explore the current market value, key players, emerging trends, and the main segments fueling this expansion.
Forecasted Blanket Market Size and Growth Trajectory
The blanket market has seen consistent growth over recent years. From a market size…
Global Trends Review: The Rapid Evolution of the Sporting and Athletic Goods Mar …
The sporting and athletic goods market is experiencing steady growth, driven by evolving consumer preferences and technological advancements. As health and wellness continue to gain importance globally, this market is set for notable expansion in the coming years. Let's explore the current market size, key factors fueling its growth, leading companies, major trends, and segmentation details.
Forecast for Sporting and Athletic Goods Market Size Through 2029
The sporting and athletic…
Train Seat Market Overview, Key Growth Factors, and Insights on Top Players
The train seat industry is experiencing notable growth, driven by advancements in technology and increasing demand for improved passenger comfort. As rail travel evolves, so does the need for innovative, efficient, and adaptable seating solutions that cater to modern requirements. Let's explore the current market status, key players, trends, and segments shaping the future of train seating.
Train Seat Market Size and Growth Expectations
The train seat market has seen…
Leading Companies Solidifying Their Presence in the Spunbond Nonwovens Market
The spunbond nonwovens industry has been experiencing notable growth and shows promising prospects for the coming years. This expanding market is being driven by several innovations and increasing demand across diverse sectors, signaling a robust future.
Projected Growth and Market Size of the Spunbond Nonwovens Market
The spunbond nonwovens market has demonstrated solid expansion recently, with its size expected to rise from $15.57 billion in 2024 to $16.59 billion in…
More Releases for ERP
Medical Resource Management ERP Market Is Booming Worldwide | Major Giants GHX, …
HTF MI just released the Global Medical Resource Management ERP Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Key Players in This Report Include:
SAP Ariba Healthcare, Oracle…
ERP Linker Unveils Next-Gen ERP Integration for E-Commerce Growth
ERP Linker, a recognized innovator in ERP automation and e-commerce integration, announces the launch of its advanced integration suite designed to enable seamless synchronization between leading ERP platforms-such as SAP, NetSuite, Oracle, SYSPRO, and Plex-and top e-commerce engines including Shopify, BigCommerce, and WooCommerce.
Modern businesses are confronted with the challenge of maintaining operational efficiency and data accuracy across multiple systems. ERP Linker's unique solution addresses this by transforming complex ERP logic…
Healthcare ERP Market - Simplify, Optimize, Excel: Empowering Healthcare with ER …
Newark, New Castle, USA: The "Healthcare ERP Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Healthcare ERP Market: https://www.growthplusreports.com/report/healthcare-erp-market/8453
This latest report researches the industry structure, sales, revenue,…
Chemical Manufacturing Software Market to Witness Huge Growth by Key Players: Fi …
ReportsnReports publishes the report titled Chemical Manufacturing Software that presents a 360-degree overview of the market under one roof. The report is developed with the meticulous efforts of an enthusiastic and experienced team of experts, analyts, and researchers that makes the report a valuable asset for stakeholders to make robust decisions. This report also provides an in-depth overview of product type, specification, technology, and production analysis considering vital factors like…
ERP Integration with Big Data to Fuel ERP Market's Growth
Triton Market Research presents the Global Enterprise Resource Planning Market report segmented by Application (Supply Chain, Inventory Management, Finance, Customer Management, Human Resource (HR), Manufacturing Module, Other Applications), Enterprise Size (Small Enterprises, Large Enterprises, Medium Enterprises), Verticals (IT and Telecom, Retail, Banking, Financial Services, & Insurance (BFSI), Manufacturing, Military and Defense, Government, Healthcare, Other Verticals), and by Geography (Europe, Middle East and Africa, Latin America, Asia-Pacific, North America). The report…
Best ERP Software in India | Cloud Based ERP Software in India
ERP software systems are the best software systems that prove to be of great help in operations planning, administration and to optimize Internal Business Processes, Comprising of Manufacturing, Supply Chain, Finance, CRM, Human Resources as well as warehouse management. With the help of these solutions, a typical ERP software integrates the data and processes of an organization into a single unified system.
Tech Cloud ERP Software Solutions offer the best ERP…
