Global Cloud-based Enterprise Resource Planning (ERP) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Cloud-based Enterprise Resource Planning (ERP) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Cloud ERP is Software as a Service that allows users to access Enterprise Resource Planning (ERP) software over the Internet. Cloud ERP generally has much lower upfront costs, because computing resources are leased by the month rather than purchased outright and maintained on premises. Cloud ERP also gives companies access to their business-critical applications at any time from any location.

Market Overview:

The latest research study on the global Cloud-based Enterprise Resource Planning (ERP) market finds that the global Cloud-based Enterprise Resource Planning (ERP) market reached a value of USD 25123.94 million in 2022. It’s expected that the market will achieve USD 55675.8 million by 2028, exhibiting a CAGR of 14.18% during the forecast period.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects

Company Overview:

SAP SE is one of the major players operating in the Cloud-based Enterprise Resource Planning (ERP) market, holding a share of 21.44% in 2020.

SAP SE

SAP SE is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP system. Its machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. Its end-to-end suite of applications and services enables customers to operate profitably, adapt continuously, and make a difference.

Oracle Corporation

Leading the cloud. From intelligent business applications to infrastructure, we deliver tomorrow’s emerging technologies today, like the world’s first - and only - autonomous database.

Segmentation Overview:

By type, Finance segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Manufacturing & Services segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Cloud-based Enterprise Resource Planning (ERP) market covered in Chapter 3:

Microsoft
IFS.com
Plex Systems
Sage Group Plc
Unit4
Oracle Corporation
Infor
Aptean
Yonyou
QAD
Workday
Kingdee
Epicor Software Corporation
Acumatica
Syspro
IQMS
SAP SE

In Chapter 4 and Chapter 14.2, on the basis of types, the Cloud-based Enterprise Resource Planning (ERP) market from 2018 to 2029 is primarily split into:

Finance
Human Resources
Supply Chain
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Cloud-based Enterprise Resource Planning (ERP) market from 2018 to 2029 covers:

Manufacturing & Services
BFSI
Healthcare
Retail
Government
Aerospace & Defense
IT & Telecom
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)