ERP Software Market Demand Side Dynamics And Growth Opportunities In 2022
ERP Software Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
(EMAILWIRE.COM, June 28, 2018 ) Global ERP Software market is accounted for $28.27 billion in 2015 and is poised to reach $47.26 billion by 2022 growing at a CAGR of 7.6% during the forecast period 2015 to 2022. Some of the key drivers for the market growth include reduced operational cost in IT, surge in cloud technology and data transparency on real-time basis. However, high costs of ERP software and time-consuming ERP deployments are some of the factors inhibiting the ERP Software market.
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Asia-Pacific is expected to be one of the most productive markets in terms of growth. On-premise ERP software would continue to have a larger market share occupying more than 50% of the global market during the forecast period. Among the various functions, finance module is estimated to drive the ERP software market and would contribute to nearly one third of the overall market revenue. SAP retained its market leadership position in 2013, followed by Oracle, Infor and Microsoft.
The key players in the global ERP software market are Microsoft Corporation, SAP, IBM, NetSuite Inc., Epicor, Adonix, Oracle, Sage Group Plc., Infor and Lawson.
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Deployment Type Covered:
- On cloud
- On Premise
Functions Covered:
- Finance
- Human Resource
- Marketing
- Supply Chain
- Other Functions
Applications Covered:
- Telecom and IT
- Government and Public Utilities
- Banking, Financial Services and Insurance (BFSI)
- Aerospace, Defense and Intelligence
- Manufacturing
- Retail
- Other Applications
End Users Covered:
- Small enterprises
- Medium enterprises
- Large enterprises
Get more information @ http://www.reportsweb.com/erp-software-global-market-outlook-2016-2022
Request sample copy @ http://www.reportsweb.com/inquiry&RW0001583433/sample
Asia-Pacific is expected to be one of the most productive markets in terms of growth. On-premise ERP software would continue to have a larger market share occupying more than 50% of the global market during the forecast period. Among the various functions, finance module is estimated to drive the ERP software market and would contribute to nearly one third of the overall market revenue. SAP retained its market leadership position in 2013, followed by Oracle, Infor and Microsoft.
The key players in the global ERP software market are Microsoft Corporation, SAP, IBM, NetSuite Inc., Epicor, Adonix, Oracle, Sage Group Plc., Infor and Lawson.
Have any query? Enquire about report @ http://www.reportsweb.com/inquiry&RW0001583433/buying
Deployment Type Covered:
- On cloud
- On Premise
Functions Covered:
- Finance
- Human Resource
- Marketing
- Supply Chain
- Other Functions
Applications Covered:
- Telecom and IT
- Government and Public Utilities
- Banking, Financial Services and Insurance (BFSI)
- Aerospace, Defense and Intelligence
- Manufacturing
- Retail
- Other Applications
End Users Covered:
- Small enterprises
- Medium enterprises
- Large enterprises
Get more information @ http://www.reportsweb.com/erp-software-global-market-outlook-2016-2022
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results