ERP Software Market Research Report

 

The GMI Research forecasts that the ERP software market is witnessing an upsurge in demand during the forecast period. This is mainly due to the growing technological advancements and the strong presence of various organizations providing ERP software.

Top Manufacturers in the ERP Software Market:

·        Microsoft

·        Oracle Corporation

·        SAP SE

·        IBM Corporation

·        TOTVS S.A

·        Infor

·        Workday, Inc.

·        Sage Group Plc

·        SYSPRO

·        Epicor Software Corporation

 

Request a FREE sample of this report: https://www.gmiresearch.com/report/erp-software-market/sample-request

 

ERP Software Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The growing penetration of mobile and cloud applications, which is increasing adoption of ERP software as it is minimizing the cost of maintaining, supports the applications, and decreases the need for IT support services, is a major factors surging the growth of the ERP software market size. As per ERP market analysis, the growing application of ERP software among the small and medium-sized enterprises to improve the efficiency & business insight and rapid growth in the technological advancements in the software such as the execution of artificial intelligence and IoT will propel the growth of the global ERP software market share in terms of revenue.

According to ERP market forecast, several benefits regarding the use of ERP software as it reduces errors & duplication, better customer service, streamline the operations, followed by enhancement in the financial consolidation, improved efficiency, and optimization of the supply chain, will attract many end-users to opt for ERP software. As per ERP market overview, the rising penetration of IT technologies in emerging countries such as China and India is significantly changing consumer behavior, which will lead to an increase in the adoption of ERP software to expand profitability and flexibility. This factor is fuelling the growth of ERP software in the market. On the other hand, the high cost of installation of the software will hamper the growth of the global ERP software market.

Regional Drivers

Based on the region, North America is expected to dominate the market during the forecast period due to the fundamental shift of businesses from on-premises to cloud ERP software, which is raising the usage of ERP software. Furthermore, growing technological advancements and the strong presence of various organizations providing ERP software also surges the growth of the market in this region.

ERP Software Market Segmentation:

Segmentation by Deployment Model:

·        Cloud

·        On-Premise

·        Hybrid

Segmentation by Component:

·        Software

·        Services

Segmentation by Business Function:

·        Supply Chain

·        Human Resource

·        Finance

·        Inventory Management

·        Customer Management

·        Manufacturing Module

·        Others

Segmentation by Enterprise Size:

·        Small & Medium Enterprises

·        Large Enterprises

Segmentation by Industry:

·        Manufacturing

·        BFSI

·        Healthcare

·        Government & Utilities

·        Retail & Distribution

·        Aerospace & Defense

·        IT & Telecom

·        Construction

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a leading market research company that offers market research reports for every industry. Our research teams have seasoned analysts and researchers and are always looking for industry-leading research techniques to create all-encompassing research reports. GMI Research's extensive global network allows it to collect relevant information about the industry on a regional as well as country-level basis. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of sectors. We provide step-by-step assistance to our clients through strategic and consulting services to reach a managerial and actionable decision. Our market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, major factors impacting the market growth, and various market insights to aid companies to make strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

 

Comments

Post a Comment

Popular posts from this blog

Hi-Fi System Market Research Report

 Growth opportunities in the Hi-Fi system market look promising over the next six years. This is mainly due to the rising demand for portable devices such as smartphones, and laptops, the continuous technological advancement in the Hi-Fi systems, like integration of AI and machine learning, and the increasing penetration of the internet. Request for a FREE Sample Report on Hi-Fi System Market Hi-Fi System Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The augmenting demand for portable devices and the growing need for infotainment services are the crucial drivers fuelling the growth of the global Hi-Fi system market .  Rising portable device demand such as laptops, tablets, and smartphones strengthens the demand for wireless audio products in the HI-FI system market. Also, the ongoing technological developments in Hi-Fi systems, like the amalgamation of machine learning and artificial intelligence, are ...
Read more

Tight Gas Market Research Report

  Growth opportunities in the tight gas market look promising over the next six years. This is mainly due to the favourable government strategies, funds and aids for the gas production and the development of sophisticated technology. Request for a FREE Sample Report on Tight Gas Market Tight Gas Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers One of the prominent drivers responsible for the growth of the global tight gas market includes the augmenting demand for million barrels each day. In accordance with the U.S. Energy Information Administration, the demand of the barrels from 2016 Q1 to 2017 Q1 augmented from 1 million in 2016 to more than 2 million in 2017, and the same trend is anticipated in the future, which will change the perspective of the market, thereby fulfilling the market demand. Also, the emergence of low-cost gas supplies from different sources will change over the chauffeurs of natura...
Read more

Vitreoretinal Surgery Devices Market Research Report

 Growth opportunities in the vitreoretinal surgery devices market look promising over the next six years. This is mainly due to the increasing technological advancements and the rise in the geriatric population coupled with the rising eye disorders. Request for a FREE Sample Report on Vitreoretinal Surgery Devices Market Vitreoretinal Surgery Devices Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The increase in the geriatric population across the world along with the surging number of eye disorders including diabetic retinopathy, detached retina, macular hole, and CMV retinitis, and the growing awareness concerned with eye health are the key drivers stimulating the growth of the global vitreoretinal surgery devices market. The use of vitreoretinal surgeries to treat various eye-related disorders, with the help of several procedures, is effective in restoring and improving vision. Furthermore, the ongoing t...
Read more