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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.
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www.emergenresearch.com Cloud ERP Market Report 2020-2027 Increasing need to streamline business processes and rising demand for real-time analytics to improve operational efficiency are some key factors driving global cloud ERP market growth
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Market Summary 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. Some Key HighlightsFrom 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. www.emergenresearch.com
Market Summary Some Key Highlights From the Report • Increasing adoption of cloud ERP for operation management to boost operational efficiency is expected to drive revenue growth of the operation segment, which is expected to lead in terms of revenue contribution to the global cloud ERP market during the forecast period. 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. Factors such as increasing introduction of IoT, Artificial Intelligence, and big data analytics in cloud ERP leading to rising adoption of cloud ERP among SMEs in countries in North America, which is expected to drive growth of the market in the region during the forecast period. 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. 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. • • • • Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/648 www.emergenresearch.com
Market Summary 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 Read More@ https://www.emergenresearch.com/industry-report/cloud-erp-market
Parameter Details Market Size Estimation Period 2020-2028 Base Year Considered 2020 Historical Data 2017-2019 Forecast Period 2021-2028 Quantitative Units Revenue in USD million & CAGR from 2020 to 2028 Segments Covered Types, Application, End-Users, Regions & more. MARKET Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil SEGMENTATION Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends Report Coverage Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa Customization Scope 10 hours of free customization & expert consultation Explore Different Purchase Options & Request for Discount to Avail New Year Discount Pricing and Purchase Options www.emergenresearch.com
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