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ERP Software Market

The factors responsible for the growth of the global ERP software market include the growing penetration of mobile and cloud applications, which is leading to an increase in adoption of ERP software as it offers in decreasing the cost of maintaining & supporting the applications and enables reducing the IT support services as the support is provided by the data center.

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ERP Software Market

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  1. ERP Software Market ERP Software Market by Deployment Model (Cloud, On-Premise, and Hybrid), By Component (Software and Services), By Business Function (Supply Chain, Human Resource, Finance, Management, Customer Management, Manufacturing Module, and Others), By Enterprise Size, By Industry, and By Region – Global Opportunities & Forecast, 2020- 2027 Inventory GMI Research GMI Research See the Future Insights 1

  2. GMI Research market report focuses on providing an overview of the industry through detailed market segmentation. The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study. List of Significant Manufacturers in the ERP Software Market include: •Microsoft •Oracle Corporation •SAP SE •IBM Corporation •TOTVS S.A •Infor •Workday, Inc. •Sage Group Plc •SYSPRO •Epicor Software Corporation ERP Software Market Drivers and Restraints: The factors responsible for the growth of the global ERP software market include the growing penetration of mobile and cloud applications, which is leading to an increase in adoption of ERP software as it offers in decreasing the cost of maintaining & supporting the applications and enables reducing the IT support services as the support is provided by the data center. Moreover, the growing implementation of ERP software among the small and medium-sized enterprises to improve the efficiency & business insight and growth in the technological advancements in the software such as the implementation of artificial intelligence and IoT are certain factors bolstering the growth of the global ERP software market in the upcoming years. Numerous benefits, along with the use of ERP software such as it helps in decreasing errors & duplication, improve customer service, streamline the operations, coupled with improvement in the financial consolidation, optimization of the supply chain, and 2

  3. enhanced efficiency will attract many end-users to opt for ERP software. Rising penetration of IT technologies in developing countries such as India and China is leading to a shift in consumer behavior, which will also lead to an adoption of ERP software to raise profitability and flexibility. This factor is fuelling the growth of ERP software in the market. The factor hampering the growth of the global ERP software market includes the high cost of installation of the software. Segmentation: ERP Software Market ERP Software Market: By Deployment Model •Cloud •On-Premise •Hybrid ERP Software Market: By Component •Software •Services ERP Software Market: By Business Function •Supply Chain •Human Resource •Finance •Inventory Management •Customer Management •Manufacturing Module •Others ERP Software Market: By Enterprise Size •Small & Medium Enterprises •Large Enterprises ERP Software Market: By Industry •Manufacturing •BFSI •Healthcare •Government & Utilities •Retail & Distribution 3

  4. •Aerospace & Defense •IT & Telecom •Construction •Others ERP Software Market: By Region •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) 4

  5. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 5

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