Global Cloud ERP Industry

Global Cloud ERP Industry

  • October 2019 •
  • 136 pages •
  • Report ID: 5798154 •
  • Format: PDF
Cloud ERP market worldwide is projected to grow by US$19.5 Billion, driven by a compounded growth of 9.6%. Solutions, one of the segments analyzed and sized in this study, displays the potential to grow at over 8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$25.1 Billion by the year 2025, Solutions will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 11% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$904.7 Million to the region’s size and clout in the next 5 to 6 years. Over US$901.5 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Solutions will reach a market size of US$1.9 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.3% over the next couple of years and add approximately US$3.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Epicor Software Corporation; FinancialForce; Infor; Intacct Corporation; Microsoft Corporation; Oracle Corporation; Plex Systems, Inc.; Ramco Systems Ltd.; Sage Software, Inc.; SAP SE