ERP Software Market Size, Status, Applications, Technological Improvements and Forecast 2018-2026

A recent report by KD market insights titled as "ERP Software Market Size, Trends & Opportunity Outlook – Forecast to 2023" provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2018-2023. The study also provides the ERP Software Market. competitors share and region wise analysis around the globe. 

Enterprise resource planning (ERP) is a software that enables organizations to manage and automate their business processes. This software has been widely used for back-office operations, which include inventory control production, order management, accounting, human resource (HR), and others. An ERP software system comprises several software modules, and each ERP module is focused on a particular departmental area, such as inventory control, finance, material purchasing, marketing, HR, and accounting. These modules can be customized according to the business requirement of the organization. In addition, ERPs have witnessed increased adoption, as they offer effective planning and streamlining of data under one platform, which helps in regulating operational costs, increase sales, and enhance decision-making. The adoption of ERP software is expected to increase in the upcoming years with the rise in focus of modern SMEs toward improving their operational and business process efficiency. This is anticipate to fuel the growth of the ERP software market.

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Rise in need for operational efficiency & transparency in business processes, increase in demand for data-driven decision-making, and surge in adoption of cloud & mobile applications are the major factors that fuel the growth of the ERP software market. However, higher investment and maintenance costs and availability of open source applications are expected to hinder the ERP software market growth. On the contrary, increase in demand for ERP among small & medium enterprises and technological advancements in ERP are expected to provide lucrative opportunities for the market growth in the coming years.

The ERP software market is segmented on the basis of component, deployment model, business function, industry vertical, end user, and region. On the basis of component, the market is bifurcated into software and service. Based on deployment model, the market is categorized into on-premise, cloud, and hybrid. Depending on business function, it is classified into finance, human resource (HR), supply chain, customer management, inventory management, manufacturing module, and others. As per end user, it is divided into large enterprises, medium enterprises, and small enterprises. By industry vertical, it is segregated into manufacturing, BFSI, healthcare, retail & distribution, government & utilities, it & telecom, construction, aerospace and defense, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The market players operating in the ERP software market include SAP SE, Oracle Corporation, Sage Software Solutions Pvt. Ltd., Workday, Inc., Infor, Epicor Software Corporation, SYSPRO , Microsoft Corporation, IFS, and Deskera.

KEY BENEFITS FOR STAKEHOLDERS:

- The study provides an in-depth analysis of the ERP software market and current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analyses on the market is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the ERP software industry.
- The quantitative analysis of the market from 2018 to 2026 is provided to determine the market potential.

KEY MARKET SEGMENTS:

BY COMPONENT
- Software
- Service

BY DEPLOYMENT MODEL
- On-premise
- Cloud
- Hybrid

BY BUSINESS FUNCTION
- Finance
- Human Resource (HR)
- Supply Chain
- Customer Management
- Inventory Management
- Manufacturing Module
- Others

BY END USER
- Large Enterprises
- Medium Enterprises
- Small Enterprises

BY INDUSTRY VERTICAL
- Manufacturing
- BFSI
- Healthcare
- Retail & Distribution
- Government & Utilities
- IT & Telecom
- Construction
- Aerospace and Defense
- Others

BY REGION

North America
- U.S.
- Canada

Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe

Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia-Pacific

LAMEA
- Latin America
- Middle East
- Africa

KEY MARKET PLAYERS:

- SAP SE
- Oracle Corporation
- Sage Software Solutions Pvt. Ltd.
- Workday, Inc.
- Infor
- Epicor Software Corporation
- SYSPRO
- Microsoft Corporation
- IFS
- Deskera

Get Complete Research Report with TOC @: https://www.kdmarketinsights.com/product/erp-software-market-amr

Table Of Content:

Chapter 1: Introduction

1.1. Report Description

1.2. Key Benefits For Stakeholders

1.3. Key Market Segments

1.4. Research Methodology

1.4.1. Secondary Research

1.4.2. Primary Research

1.4.3. Analyst Tools & Models

Chapter 2: Executive Summary

2.1. Key Findings

2.1.1. Top Impacting Factors

2.1.2. Top Investment Pockets

2.2. Cxo Perspective

Chapter 3: Market Overview

3.1. Market Definition And Scope

3.2. Market Evolution/Industry Roadmap

3.3. Porter’S Five Forces Analysis

3.3.1. Low-To-Moderate Bargaining Power of Suppliers

3.3.2. Moderate-To-High Bargaining Power of Buyers

3.3.3. Moderate-To-High Threat of Substitutes

3.3.4. Low Threat of New Entrants

3.3.5. Moderate Competitive Rivalry

3.4. Case Studies

3.4.1. Case Study 01

3.4.2. Case Study 02

3.5. Market Dynamics

3.5.1. Drivers

3.5.1.1. Rise In Need For Operational Efficiency & Transparency In Business Processes

3.5.1.2. Surge In Adoption of Cloud & Mobile Applications

3.5.1.3. Increase In Demand For Data-Driven Decision-Making

3.5.2. Restraints

3.5.2.1. Higher Investment And Maintenance Costs

3.5.3. Opportunities

3.5.3.1. Increase In Demand For Erp Among Small And Medium Enterprises

3.5.3.2. Technological Advancement In Erp

3.6. Patent Analysis

3.6.1. By Region (2000-2019)

3.6.2. By Applicant

3.7. Market Evolution/ Industry Roadmap

3.8. Value Chain Analysis

3.9. Emerging Trends: Erp Software Market

3.9.1. Emergence of Additive Manufacturing

3.9.2. Cloud Dominance

3.9.3. Big Data

3.9.4. Mobile Erp Accessibility

3.9.5. Social Media Trend

3.9.6. Acquisition of Small Start-Ups

3.9.7. Direct Machine Integration

3.9.8. Built-In Analytics

3.9.9. Integrated Erp

3.9.10. Internet of Things

Chapter 4: ERP Software Market, By Component

4.1. Overview

4.2. Software

4.2.1. Key Market Trends, Growth Factors, And Opportunities

4.2.2. Market Size And Forecast, By Region

4.2.3. Market Analysis, By Country

4.3. Services

4.3.1. Key Market Trends, Growth Factors, And Opportunities

4.3.2. Market Size And Forecast, By Region

4.3.3. Market Analysis, By Country

Chapter 5: ERP Software Market, By Deployment Model

5.1. Overview

5.2. On-Premise

5.2.1. Key Market Trends, Growth Factors, And Opportunities

5.2.2. Market Size And Forecast, By Region

5.2.3. Market Analysis, By Country

5.3. Cloud

5.3.1. Key Market Trends, Growth Factors, And Opportunities

5.3.2. Market Size And Forecast, By Region

5.3.3. Market Analysis, By Country

5.4. Hybrid

5.4.1. Key Market Trends, Growth Factors, And Opportunities

5.4.2. Market Size And Forecast, By Region

5.4.3. Market Analysis, By Country

Continue:

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