(Telecom-NewsWire.Net, June 19, 2017 ) According to Publisher, the 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.
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. 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
Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
11 Company Profiling 11.1 Microsoft Corporation 11.2 SAP 11.3 IBM 11.4 NetSuite Inc. 11.5 Epicor 11.6 Adonix 11.7 Oracle 11.8 Sage Group Plc. 11.9 Infor 11.10 Lawson
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