The global enterprise resource planning (ERP) market is expected to register a CAGR of 9.82% during the forecast period, 2022-2030

The growing need for continuous improvement of operational efficiency and business processes, the rising focus on real-time decision-making and competitive strategies, and fast-paced adoption of cloud-based ERP solutions drive market growth.

Lyon, FRANCE


New York, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "GLOBAL ENTERPRISE RESOURCE PLANNING (ERP) MARKET FORECAST 2022-2030" - https://www.reportlinker.com/p05837563/?utm_source=GNW


MARKET INSIGHTS
Enterprise resource planning (ERP) is designed to integrate the key operative areas of an enterprise’s business processes into a unified system. It entails core software components called modules that focus on areas like human resources, supply chain management, customer relationship management (CRM), etc.
The adoption of cloud-based ERP systems is on the rise.They provide the benefits of low costs and simplicity compared to the traditional on-premise and hosted solutions.

The other major benefits include fast and increased scalability and innovation. One of the key factors of the rapid adoption of cloud-based ERP is the increasing adoption of the cloud across several end-user industries.
Further, cloud integration led to significant ROI improvements over on-premise ERP systems, along with an 8% improvement in operational costs and profitability.In addition, enterprise resource management (ERM) and customer relationship management (CRM) are increasingly prioritized for application-based Software as a Service (SaaS) expenditures.

Such aspects propel the global ERP market growth. However, the market growth is hindered by high costs and vulnerabilities associated with ERP applications.

REGIONAL INSIGHTS
The global enterprise resource planning (ERP) market growth evaluation includes the geographical analysis of North America, Europe, Asia-Pacific, and Rest of World. Asia-Pacific is the fastest-growing region in the global market, with a growing number of ERP vendors expanding their services across the region.

COMPETITIVE INSIGHTS
The competitive rivalry is high, defined by established market leaders, start-ups, and niche players. Infor Inc, International Business Machines Corporation (IBM), Epicor Software Corporation, etc., are among the leading players in the market.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. DESKERA HOLDINGS LTD
2. EPICOR SOFTWARE CORPORATION
3. INDUSTRIAL AND FINANCIAL SYSTEMS IFS AB
4. INFOR INC
5. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)
6. IQMS (ACQUIRED BY DASSAULT SYSTEMES)
7. MICROSOFT CORPORATION
8. ORACLE CORPORATION
9. PLEX SYSTEMS INC (ACQUIRED BY FRANCISCO PARTNERS)
10. QAD INC
11. RAMCO SYSTEMS LIMITED (RSL)
12. SAP SE
13. SYSPRO (PTY) LTD
14. THE SAGE GROUP PLC
15. UNIT4 NV (ACQUIRED BY ADVENT INTERNATIONAL)
16. WORKDAY INC
Read the full report: https://www.reportlinker.com/p05837563/?utm_source=GNW

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