Cloud ERP Market to Rise at CAGR of 15.6% During Forecast Period, Notes Emergen Research Study
The global cloud ERP market size reached USD 44.83 Billion in 2020 and is expected to register a CAGR of 15.6%, during the forecast period, according to latest analysis by Emergen Research. Global cloud ERP market revenue growth is expected to be driven by increasing need to streamline business processes, rising demand for real-time analytics to improve operational efficiency, and increasing integration of big data analytics with cloud ERP solutions. In addition, this trend is expected to continue to propel revenue growth of the global cloud ERP market going ahead.
The report studies the impact of the COVID-19 pandemic on the Cloud ERP market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.
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Some Key Highlights from the Report
- Public cloud segment revenue is expected to expand at a significantly steady CAGR during the forecast period. Increasing deployment of public cloud-based cloud ERP solutions among end-users is expected to boost revenue growth of this segment going ahead.
- The large enterprise segment is expected to lead in terms of revenue over the forecast period due to rising adoption of cloud ERP solutions among large enterprises to simplify business performance and operational efficiency.
- Increasing adoption of cloud ERP for operation management to boost operational efficiency is expected to drive revenue growth of the operation segment, which is expected to lead in terms of revenue contribution to the global cloud ERP market during the forecast period.
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The report offers a complete analysis of the global Cloud ERP market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
Key companies profiled in the Cloud ERP report include:
Microsoft Corporation, Oracle Corporation, SAP SE, Sage Group plc, Workday, Inc., QAD Inc., Genius Solutions, Inc., OpenPro, Inc., Acumatica, Inc., and Ramco Systems Limited.
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The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.
Emergen Research has segmented the global cloud ERP market on the basis of deployment, organization size, application, end-use, and region:
- Deployment Outlook (Revenue, USD Billion; 2018–2028)
- Private Cloud
- Public Cloud
- Hybrid Cloud
- Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Small and Medium-sized Enterprises
- Large Enterprises
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Sales & Marketing
- End-use Outlook (Revenue, USD Billion; 2018–2028)
- IT and Telecom
- Transportation and Logistics
- Media & Entertainment
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
To know more about the Cloud ERP report, visit @ https://www.emergenresearch.com/industry-report/cloud-erp-market
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type & applications
Chapter 9: Current and Future Trends
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