The global ERP software market was valued at about $76.8 billion in 2018. North America market is the largest market for ERP 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.
Read More On The Global Enterprise Resource Planning (ERP) Software Market Report At:
The global ERP software market is expected to grow to $105.26 billion at a rate of around 8.2% through 2022. Increased need for bringing efficiency and transparency in business operations is expected to benefit the enterprise resource planning software market in the forecast period as ERP enables the integration of high volumes 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 for processes, which are already implanted in the software, are also enhancing 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.
One of the latest trends in the ERP software market is the integration of block chain technology with ERP. 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.
Major players in the market are SAP, Oracle, Microsoft, Epicor and Infor.
Oracle Corporation is an American multinational computer technology corporation that sells database software and technology, cloud engineered systems, and enterprise software products—particularly its own brands of database management systems.
Request A Sample Of The Global Enterprise Resource Planning (ERP) Software Market Report At:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2377&type=smp
Few Points From Table of Contents:
1. Executive Summary
2. Entreprise Resource Planning (ERP) Software Market Characteristics
3. Entreprise Resource Planning (ERP) Software Market Size And Growth
3.1. Global Entreprise Resource Planning (ERP) Software Historic Market, 2014 – 2018, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Entreprise Resource Planning (ERP) Software Forecast Market, 2018 – 2022F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Entreprise Resource Planning (ERP) Software Market Segmentation
4.1. Global Entreprise Resource Planning (ERP) Software Market, Segmentation By Function, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Finance
HR
Supply Chain
Others
4.2. Global Entreprise Resource Planning (ERP) Software Market, Segmentation By Deployment, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
On Premise ERP
Cloud ERP
4.3. Global Entreprise Resource Planning (ERP) Software Market, Segmentation By Vertical, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Manufacturing and Services
BFSI
Healthcare
Retail
Government Utilities
Aerospace & Defense
Telecom
Others
5. Entreprise Resource Planning (ERP) Software Market Regional And Country Analysis
5.1. Global Entreprise Resource Planning (ERP) Software Market, Split By Region, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
5.2. Global Entreprise Resource Planning (ERP) Software Market, Split By Country, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
6. Asia-Pacific Entreprise Resource Planning (ERP) Software Market
6.1. Asia-Pacific Entreprise Resource Planning (ERP) Software Market Overview
6.2. Asia-Pacific Entreprise Resource Planning (ERP) Software Market, Segmentation By Function, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
6.3. Asia-Pacific Entreprise Resource Planning (ERP) Software Market, Segmentation By Deployment, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
6.4. Asia-Pacific Entreprise Resource Planning (ERP) Software Market, Segmentation By Vertical, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
7. China Entreprise Resource Planning (ERP) Software Market
Order a Copy of Complete Report @ https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2377
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Media Contact
Company Name: The Business Research Company
Contact Person: Nitin
Email: Send Email
Phone: 08897263534
Address:1st Floor, Anshu Colors Building, Road Number 1 Park View Enclave, Jubilee Hills
City: Hyderabad 500033
State: Telengana
Country: India
Website: https://www.thebusinessresearchcompany.com/report/enterprise-resource-planning-erp-software-global-market-report