Enterprise Resource Planning Software Global Market Report 2020-30: COVID-19 Impact and Recovery provides strategists, marketers and senior management with the critical information they need to assess the global enterprise resource planning software market as it emerges from the COVID-19 shut down.
Reasons to Purchase
Description:
Where is the largest and fastest growing market for the enterprise resource planning software? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? the Enterprise Resource Planning Software Market Global Report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
Markets Covered:
1) by Function: Finance; HR; Supply Chain;Others
2) by Deployment: On Premise ERP; Cloud ERP
3) by Vertical: Manufacturing and Services; BFSI; Healthcare; Retail; Government Utilities; Aerospace & Defense; Telecom; Others
Companies Mentioned: SAP; Oracle; Microsoft; Epicor; Infor
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the enterprise resource planning software? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? the Enterprise Resource Planning Software Market Global Report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The Market Characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Function: Finance; HR; Supply Chain;Others
2) by Deployment: On Premise ERP; Cloud ERP
3) by Vertical: Manufacturing and Services; BFSI; Healthcare; Retail; Government Utilities; Aerospace & Defense; Telecom; Others
Companies Mentioned: SAP; Oracle; Microsoft; Epicor; Infor
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Table of Contents
1. Executive Summary2. Entreprise Resource Planning (ERP) Software Market Characteristics26. Key Mergers And Acquisitions In The Entreprise Resource Planning (ERP) Software Market27. Entreprise Resource Planning (ERP) Software Market Trends And Strategies28. Entreprise Resource Planning (ERP) Software Market Future Outlook and Potential Analysis
3. Entreprise Resource Planning (ERP) Software Market Size And Growth
4. Entreprise Resource Planning (ERP) Software Market Segmentation
5. Entreprise Resource Planning (ERP) Software Market Regional And Country Analysis
6. Asia-Pacific Entreprise Resource Planning (ERP) Software Market
7. China Entreprise Resource Planning (ERP) Software Market
8. India Entreprise Resource Planning (ERP) Software Market
9. Japan Entreprise Resource Planning (ERP) Software Market
10. Australia Entreprise Resource Planning (ERP) Software Market
11. Indonesia Entreprise Resource Planning (ERP) Software Market
12. South Korea Entreprise Resource Planning (ERP) Software Market
13. Western Europe Entreprise Resource Planning (ERP) Software Market
14. UK Entreprise Resource Planning (ERP) Software Market
15. Germany Entreprise Resource Planning (ERP) Software Market
16. France Entreprise Resource Planning (ERP) Software Market
17. Eastern Europe Entreprise Resource Planning (ERP) Software Market
18. Russia Entreprise Resource Planning (ERP) Software Market
19. North America Entreprise Resource Planning (ERP) Software Market
20. USA Entreprise Resource Planning (ERP) Software Market
21. South America Entreprise Resource Planning (ERP) Software Market
22. Brazil Entreprise Resource Planning (ERP) Software Market
23. Middle East Entreprise Resource Planning (ERP) Software Market
24. Africa Entreprise Resource Planning (ERP) Software Market
25. Entreprise Resource Planning (ERP) Software Market Competitive Landscape And Company Profiles
29. Appendix
Executive Summary
Major players in the enterprise resource planning (ERP) software market are SAP, Oracle, Microsoft, Epicor and Infor.The global erp software market is expected to decline from $147 billion in 2019 to $145.2 billion in 2020 at a compound annual growth rate (CAGR) of -1.2%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $181.5 billion in 2023.
The enterprise resource planning (ERP) software market consists of sales of enterprise resource planning software. ERP software helps to connect the various departments in a business for the smooth flow of communication and information by providing a central database. This central database is a shared database which gathers, stores, analyzes and interprets data, allows any department to retrieve required information at any time, and supports multiple departments with ease.
The ERP software market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. North America market is the largest market for ERP software.
The strict guidelines taken by the UK and French governments on Internet of Things (IoT) device manufacturers break the split of regulations for ERP software. The adoption of advanced technologies such as IoT and machine learning in almost all the applications including ERP resulted in a lot of fraud practices and the need to prevent such practices through stringent regulations. Some examples of regulations are the stringent guidelines implemented by the French government and the UK government which have to be followed by IoT device manufacturers. These strict regulations hinder the growth of the market and prevent other companies to enter the ERP market. For instance, leading ERP software vendors such as SAP and Oracle have been looking at ways to integrate the latest technologies including IoT and machine learning, but the strict policies constraining the development of their products are restricting the growth of the market.
Increasing number of cyber-attacks are expected to limit the growth of companies in the enterprise resource planning software market during the forecast period. These attacks on ERP applications including compromise and distributed denial of service (DDoS) attacks damage the operations of businesses. According to Onapsis, which is an ERP cyber security and compliance firm, ERP applications such as SAP and Oracle have a combined total of over 9000 security vulnerabilities.
One of the latest trends in the ERP software market is the integration of block chain technology with ERP. Block chain is a chronological series of data managed by multiple computers owned by multiple entities, and each block of data is secured by a cryptographic code. ERP vendors need to keep their software updated in order to maximize the value addition provided to their clients. Integration of ERP with block chain will create a secured platform for collaboration, through which systems of records can be freely shared to trusted parties. For example, SAP, a software company, is exploring ways in which it can implement block chain efficiently to its existing ERP. It is trying to integrate block chain to ERP to improve 3D printing and digital manufacturing.
Increased need for bringing efficiency and transparency in the business operations is expected to benefit the enterprise resource planning software market in the forecast period as ERP enables the integration of high volume of data among several departments and manages the flow of information and communication throughout the organization. In addition, the use of cloud based technologies for storing and accessing real time data, analytical reporting for business decisions and the need to meet the industry standards processes which are already implanted in the software are also enhancing the growth of the market. For example, Annabelle Candy implemented the STSPRO ERP, an ERP software provided by SYSPRO for manufacturing and distribution industries enabled them to expand their marketing practices to more locations and track their progress with ease.
Companies Mentioned
A selection of companies mentioned in this report includes:
- SAP
- Oracle
- Microsoft
- Epicor
- Infor
- Sage Intacct
- NetSuite
- IFS
- Syspro
- Brightpearl
- FinancialForce
- Dolibarr
- Awery Aviation
- WP
- Kechie
- Stafiz
- BatchMaster
- Intuit Inc.
- FIS Global
- Finserv
- Cerner Corporation
- SS&C Technology
- Constellation Software Inc.
- Odoo
- Lawson
- Consona Corp.
- Activant
- QAD
- Kronos
- IBM
Methodology
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