Global Enterprise Resource Planning (ERP) Software Market - Forecast to 2026: A $74.2 Billion Opportunity - ResearchAndMarkets.com
Aug. 28, 2018
DUBLIN--(BUSINESS WIRE)--Aug 28, 2018--The "ERP Software - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to the Global ERP Software market is expected to grow from $34.1 billion in 2017 to reach $74.2 billion by 2026 with a CAGR of 9%.
Factors such as improving operational efficiency and transparency within the organization and high penetration of cloud based deployment model are propelling the market growth. However, high installation price and the accessibility of open source applications are few factors inhibiting the market growth.
Based on deployment model, the cloud deployment segment has a substantial growth in the market. This is attributed to the increase in adoption of cloud-based technologies coupled with growing scalability offered by these technologies.
By application, the aerospace & defense segment acquired significant growth during the forecast period. The major reason for this growth would be to maintain data transparency on a real-time basis.
By geography, North America is dominating the market during the forecast period due to huge software implementation in business processes among organizations is propelling the region. Asia Pacific has emerged as the fastest growing market owing to the rising manufacturing and semiconductor industry in emerging countries.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Enterprise Resource Planning (ERP) Software Market, By Deployment
6 Global Enterprise Resource Planning (ERP) Software Market, By Type
7 Global Enterprise Resource Planning (ERP) Software Market, By Function Type
8 Global Enterprise Resource Planning (ERP) Software Market, By Application
9 Global Enterprise Resource Planning (ERP) Software Market, By End-User
10 Global Enterprise Resource Planning (ERP) Software Market, By Geography
11 Key Developments
12 Company ProfilingTOTVS Microsoft Corporation Syspro SAP Unit4 Tally Oracle NetSuite Inc. Focus Softnet IBM Corporation QAD Epicor Infor Sage Group PLC
For more information about this report visit https://www.researchandmarkets.com/research/vktw9q/global_enterprise?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180828005674/en/
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Related Topics:Information Management
INDUSTRY KEYWORD: TECHNOLOGY NETWORKS SOFTWARE
SOURCE: Research and Markets
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PUB: 08/28/2018 01:32 PM/DISC: 08/28/2018 01:32 PM