As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global enterprise resource planning (ERP) software market is being driven by its growing demand in organisations to enhance business process management and reduce the operational cost. The overall industry is receiving a boost due to the high demand for ERP software in regions like the Asia Pacific and Latin America. Due to the increased penetration of advanced technology and gadgets in regions such as North America, Europe, and Japan, they have emerged as the high growth markets for the ERP software industry. The growing inclination towards cloud-based ERP software by leading industries, owing to its low cost and easy accessibility even via the Cloud and mobile devices, is leaving a positive impact on the overall industry, which is expected to further increase the product demand in the future.
With the rapid development of user-friendly ERP software interfaces and advanced features, its demand is increasing, further aiding the overall industry. In October 2020, Microsoft Corporation (NASDAQ: MSFT) and SAP SE (NYSE: SAP), the leading players in the industry announced an extensive go-to-market partnership to accelerate customer adoption of SAP S/4HANA® and SAP® Cloud Platform on Microsoft Azure, aiming to migrate SAP ERP and SAP S/4HANA customers from on-premises to public Cloud alongside the sale of Azure. Further, to improve business efficiency and achieve reduced operational costs, the various sectors are adopting the latest technologies, providing a boost to the global ERP software industry. The higher education industry is rapidly evolving, moving from conventional to latest technologies. In October 2020, Oracle Corporation (NYSE: ORCL), a key player in the industry, announced that the top universities across the U.S., namely, DePaul University and Ithaca College are adopting Oracle’s ERP Cloud, along with EPM Cloud and HCM Cloud, aiming to adopt a modern system, cut costs, and streamline operations, further improving student outcomes. Such developments are expected to further aid the industry over the forecast period.
Market Breakup by Deployment Type, Application, End Use, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global enterprise resource planning (ERP) software market are Sage, Microsoft Corp., Oracle Corporation, SAP, Pegasystems Inc., and Infor, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.