Press release
ERP (Enterprise Resource Planning) Market to Reach US$ 49.0 Billion by 2020
New York, January 16: Market Research Engine has published a new report titled as “ERP (Enterprise Resource Planning) Software Market by Verticals (Manufacturing & Services, BFSI, Healthcare, Aerospace & Defense and Telecom), by Deployment and by Function (Human Resource, Finance and Supply Chain) – Global Industry Analysis and Forecast 2015 - 2021”The enterprise resource planning market is expected to exceed more than USD 49.50 billion by 2020.
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ERP (Enterprise Resource Planning) is business procedure managing software that allows business to use integrated application for a system to run business. It also computerized various back office tasks associated to technology, HR and services, such as project planning, manage HR, accounting and financial applications, reduce redundant task, distribution process management, improve accuracy of financial data and more. Enterprise resource planning software combines all feature of a business such as planning, manufacturing, retailing and selling. This software consider applications used in large business ERP to study, modify and deployment data. Small business enterprise resource planning applications are lightweight industry organization software solutions, modified for the industry. Enterprise resource planning software contains different modules such as planning, distribution, marketing, accounting, inventory control and human resource. Mobile, cloud and social ERP are new and long term trend which change the enterprise resource market software.
Browse Full Report: https://www.marketresearchengine.com/reportdetails/erp-enterprise-resource-planning-software-market
The major driving factors of enterprise resource planning market are as follows:
o Need for intelligibility in business processes.
o Requirement of operational efficiency in industry development
o Growing demand of enterprise resource planning in medium and small enterprises.
o Acceptance of mobile and cloud base applications
The restraining factors of enterprise resource planning market are as follows:
o High rate
o Open source application
The enterprise resource planning market is segmented on the lines of its deployment, function, verticals and end user. The enterprise resource planning market is segmented on the lines of its deployment like on-premise deployment and cloud deployment. Under function segmentation it covered finance, human resource (HR) and supply chain.
The enterprise resource planning market is segmented on the lines of its verticals like manufacturing & services, BFSI, healthcare, retail, government utilities, aerospace and defense and telecom. The enterprise resource planning market is segmented on the lines of its end user like large enterprises, medium enterprises and small enterprises. The enterprise resource planning market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for enterprise resource planning and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2021.
3) Identifications of new market opportunities and targeted promotional plans for enterprise resource planning.
4) Discussions of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for various types of enterprise resource planning with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Oracle, IBM Corp., Microsoft Corp., SAP, Infor, Sage, Netsuite Inc., Totvs, Unit4 and Syspro Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Enterprise resource planning Market has been segmented as below:
by Deployment Analysis
• On-premise deployment
• Cloud deployment
by Function Analysis
• Finance
• Human resource (HR)
• Supply chain
• Others
by Verticals Analysis
• Manufacturing & Services
• BFSI
• Healthcare
• Retail
• Government Utilities
• Aerospace and defense
• Telecom
• Others
• by End User Analysis
• Large enterprises
• Medium enterprises
• Small enterprises
by Regional Analysis
• North America
• Europe
• Asia-Pacific
• Rest of the World
About MarketResearchEngine.com
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
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Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862, +91-860-565-7204
Country: United States
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