Cloud ERP Market – Industry Size, Future Trends, Development Strategy, Growth Rate, Historical Analysis, Competitive Landscape And Forecast to 2027

Cloud ERP Market

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 contains data validated by the industry experts and contains a thorough analysis of the market drivers and opportunities that will contribute to market growth. The report also utilizes advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape and overall Cloud ERP industry. It also covers the strategic initiatives undertaken by the key companies to offer the readers opportunities to capitalize on emerging growth opportunities.

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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.
• BFSI segment is expected to lead in terms of revenue over the forecast period due to increasing usage of cloud ERP solutions by companies in the BFSI sector to enhance daily operations processes while keeping operating effectiveness.
• Key players in the market 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.
• In April 2020, QAD Inc. announced advancements to QAD adaptive ERP and related solutions to allow adaptive manufacturing enterprises to respond to industry disruption more rapidly.

Cloud ERP Market Segmentation:

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)
  • Finance
  • Operations
  • Sales & Marketing
  • Others
• End-use Outlook (Revenue, USD Billion; 2018–2028)
  • Manufacturing
  • Healthcare
  • IT and Telecom
  • Retail
  • Transportation and Logistics
  • Government
  • Media & Entertainment
  • BFSI
  • Others

Regional Segmentation of the Market:

• North America (U.S.., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Major Objectives of the Study:

• To offer a comprehensive analysis of the market scenario to derive an accurate forecast of the market and its major segments
• Accurate insights into the future growth prospects of the market through an analysis of the influencing factors
• Analysis of vital aspects of the market including cost analysis, supply chain analysis, Porter’s Five Forces analysis, SWOT analysis, and investment return analysis
• Extensive historical and forecast estimation of the market revenue based on its key segments and key regions
• Comprehensive analysis of the competitive landscape of the market along with exhaustive profiling of the key competitors, product portfolio, and manufacturing and production capabilities

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope  
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. Cloud ERP Market Segmentation & Impact Analysis
    4.1. Cloud ERP Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Increasing need to streamline business processes
                    4.2.2.2. Increasing demand for real-time analytics to improve operational efficiency
                    4.2.2.3. Rising demand for solutions for data-driven business decisions
                    4.2.2.4. Increasing demand for efficient, paper-free accounting, and orders management solutions 
          4.2.3. Market restraints analysis 
                    4.2.3.1. Limited customization scope
                    4.2.3.2. Systems integration issues
    4.3. Technological Insights 
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

Chapter 5. Cloud ERP Market By Deployment Insights & Trends, Revenue (USD Billion)
    5.1. Deployment Dynamics & Market Share, 2021–2028
          5.1.1. Private Cloud
          5.1.2. Public Cloud
          5.1.3. Hybrid Cloud

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