Global Cloud ERP Market Overview
was valued at USD 72.20 Bn in 2023 and is expected to reach USD 165.69 Bn by 2030, at a CAGR of 12.6 % during the forecast period.
Cloud ERP Market Overview
Cloud ERP, or enterprise resource planning, is an online-accessible ERP software system based on cloud computing infrastructure. In contrast to conventional on-premises ERP systems, which necessitate software installation and upkeep on local servers, cloud ERP solutions are set up and run by outside companies in distant data centres. Cloud ERP systems are housed on cloud infrastructure that is supplied by outside providers, like Google Cloud Platform, Microsoft Azure, and Amazon Web Services (AWS). This enables remote internet access to the ERP software and data for enterprises.
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Cloud ERP Market Regional Insights
In this report, the market size, growth rate, import and export by region, and other pertinent facts are all carefully examined. It is simple to comprehend the Cloud ERP market conditions in various nations thanks to the research's regional analysis. The Cloud ERP market is composed of markets in North America, Europe, South America, Asia Pacific, and the Middle East.
Cloud ERP Market Segmentation
by Component
Solution
Services
by Function
Accounting and Finance
Sales and Marketing
Inventory and Order Management
Human Capital Management
The market is divided into four segments based on function: inventory and order management, human capital management, sales and marketing, and accounting and finance. The market was led by the Accounting and Finance segment in 2023, and during the forecast period, this category is anticipated to hold the greatest share of the Cloud ERP market.
by Vertical Manufacturing Services
BFSI
Healthcare
Retail
Government Utilities
Other
The market is divided into Manufacturing Services, BFSI, Healthcare, Retail, Government Utilities, and Other segments based on Vertical. Throughout the course of the forecast period, the manufacturing and services category is anticipated to maintain its dominant market position in Cloud ERP, having done so in 2023. Within the Cloud ERP (Enterprise Resource Planning) market, the Manufacturing Services category deals with a particular group of industries that produce goods and offer a range of services. Businesses involved in production, distribution, supply chain management, inventory control, and service provision are included in this category.
by Organization Size
SMEs
Large enterprises
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Cloud ERP Market Key Players
1. Oracle Corporation - Redwood City, California, USA
2. SAP SE - Walldorf, Germany (with a significant presence in North America)
3. Microsoft Corporation - Redmond, Washington, USA
4. Workday, Inc. - Pleasanton, California, USA
5. Infor - New York City, New York, USA
6. Salesforce - San Francisco, California, USA
7. Epicor Software Corporation - Austin, Texas, USA
8. NetSuite (Oracle NetSuite) - San Mateo, California, USA
9. Plex Systems, Inc. - Troy, Michigan, USA
10. Acumatica - Bellevue, Washington, USA
11. Cisco - San Jose, California
Europe:
12. Sage Group plc - Newcastle upon Tyne, United Kingdom
13. Unit4 - Utrecht, Netherlands
14. IFS - Linköping, Sweden
15. Exact Software - Delft, Netherlands
16. Visma - Oslo, Norway
Asia-Pacific:
17. Zoho Corporation - Chennai, India
18. Ramco Systems - Chennai, India
19. Deskera - Singapore
20. IFS (Asia-Pacific Division) - Singapore
21. Yonyou (Yonyou Software Co., Ltd.) - Beijing, China
List of Contents : Cloud ERP Market
Part 01: Executive Summary
Part 02: Scope of the Cloud ERP Market Report
Part 03: Cloud ERP Market Landscape
Part 04: Cloud ERP Market Sizing
Part 05: Cloud ERP Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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