Rohtak News Magazine

Enterprise Resource Planning (ERP) Market Size Worth $ 70+ Billion by 2027 | CAGR 9.7%

 Breaking News
  • No posts were found

Enterprise Resource Planning (ERP) Market Size Worth $ 70+ Billion by 2027 | CAGR 9.7%

August 23
20:52 2022
Enterprise Resource Planning (ERP) Market Size Worth $ 70+ Billion by 2027 | CAGR 9.7%

According to IMARC Group latest published report, titled “Enterprise Resource Planning (ERP) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” Offers a comprehensive analysis of the industry, which comprises insights on erp market share. The global enterprise resource planning (ERP) market size reached US$ 41.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 70.6 Billion by 2027, exhibiting a growth rate (CAGR) of 9.7% during 2022-2027.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

What is ERP

Enterprise resource planning (ERP) is a corporate management software used to manage regular business activities, such as accounting, procurement, project management, risk management, and compliance. It helps store, control, interpret, and process different organizational data into a unified system. It also assists in improving efficiency, lowering risks, fostering collaborations, and enhancing supply chain management. As a result, several companies are adopting cloud-based ERP solutions to minimize operational and capital expenses.

Request Free Sample Report: https://www.imarcgroup.com/enterprise-resource-planning-market/requestsample

Market Trends

The rising need for task automation, operational efficiency and transparency, along with the increasing digitization of corporate functionalities, represents one of the key factors positively influencing the market. In addition, the rising adoption of ERP in the healthcare sector to minimize clinical errors and monitor administrative tasks effectively is contributing to the market growth. Apart from this, the growing utilization of ERP amongst small and medium-sized enterprises (SMEs) to make data-driven decisions is offering a favorable market outlook. Furthermore, increasing investments by leading market players in research and development (R&D) activities are driving the market.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/enterprise-resource-planning-market

List of Key Companies Covered in this Market Report:

  • Epicor Software Corporation (KKR & Co. Inc.)
  • International Business Machines Corporation (NYSE: IBM)
  • Kronos Incorporated (Hellman & Friedman LLC) (NYSE: KRO)
  • Microsoft Corporation (NASDAQ: MSFT)
  • Oracle Corporation (NYSE: ORCL)
  • SAP SE (NYSE: SAP)
  • The Sage Group Plc (OTCMKTS: SGPYY)
  • TOTVS S.A (BVMF: TOTS3)
  • Unit4 (Advent International) (BVMF: TOTS3)
  • Workday Inc. (NASDAQ: WDAY)
  • Yonyou Network Technology Co. Ltd.(SHA: 600588)

The report has segmented the market on the basis of component, business segment, deployment type, organization size, vertical and geography.

Breakup by Component:

  • Solutions
  • Services

Breakup by Business Segment:

  • Sales and Marketing
  • Finance and Accounting
  • Order Management
  • Others

Breakup by Deployment Type:

  • On-premises
  • Cloud-based

Breakup by Organization Size:

  • Large Organizations
  • Small and Medium-Sized Organizations

Breakup by Vertical:

  • BFSI
  • Manufacturing
  • Healthcare
  • Education
  • Government
  • Automotive
  • Others

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021- 2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Related Reports

Digital Marketing Software Market Size

Virtual Production Market Size

Artificial Intelligence Market Size

Edge Computing Market Size

Smart Grid Security Market Size

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com