Market Overview:
The global cloud enterprise resource planning (ERP) software market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based ERP software from small and medium-size businesses (SMBs) and large businesses. Additionally, the growing trend of digitization across industries is also fueling the demand for cloud ERP software. The global cloud ERP software market by type is segmented into SMBs and large businesses. The SMBs segment is expected to grow at a higher CAGR than the large businesses segment during the forecast period. This can be attributed to the growing adoption of cloud-based ERP solutions by SMBs due to their lower costs and easy deployment options as compared with on-premises solutions. The global cloud ERP software market by application is divided into manufacturing, BFSI, healthcare, aerospace & defense, telecom, and others (retail & ecommerce, education).
Product Definition:
Cloud-based ERP is software that allows businesses to manage their finances, operations and other critical business processes from a cloud-based platform. Cloud ERP can be accessed from any device with an internet connection, which makes it ideal for businesses with mobile workforces. Cloud ERP also offers features like real-time updates and automatic backups that can help businesses reduce risk and improve efficiency.
Small and Medium-Size Businesses:
Small and medium-size businesses (SMB) are expected to be the key users of cloud enterprise resource planning software owing to its cost benefits. Cloud ERP solutions offer numerous advantages such as scalability, agility, and ease of use which is anticipated to drive the market growth over the forecast period.
Large Businesses:
Large businesses and it's usage in Cloud Enterprise Resource Planning (ERP) software market is a new term that refers to organizations with more than 10,000 employees. The cloud ERP software offers benefits such as reduced cost of ownership, ease of use and deployment along with flexibility. These factors are expected to drive the demand for cloud ERP solutions among large businesses over the forecast period.
Application Insights:
The manufacturing segment dominated the global cloud enterprise resource planning software market in 2017. The growth can be attributed to the growing demand for industrial robots and increasing use of computerized numerical control machines. Furthermore, companies are making use of these platforms to improve their supply chain management by gaining visibility into all processes involved in manufacturing activities such as order picking, production scheduling and tracking from raw material procurement to final product delivery.
The BFSI application segment is expected to witness significant growth over the forecast period owing to extensive usage of cloud ERP solutions by banks and other financial institutions for managing their operations more effectively while improving customer experience along with operational efficiency.
Regional Analysis:
The North American region dominated the global market in 2017. The growth can be attributed to the presence of a large number of small and medium-size businesses in the region. Additionally, technological advancements coupled with high internet penetration are some factors driving regional market growth. Moreover, an increase in spending on cloud computing is further expected to drive demand for ECM software over the forecast period.
Asia Pacific is anticipated to emerge as one of the fastest-growing regions during the forecast period owing to increasing investments by various governments and enterprises for improving their business operations through effective information management systems integration solutions implementation services delivery platform as a service (SDP). Furthermore, growing awareness regarding cloud computing among users is also expected to drive regional demand over next eight years or so. ‰â€˜Cloud Adoption Modeling' (CAM) tool has been used by Gartner Inc.
Growth Factors:
- Increasing demand for cloud-based ERP software from small and medium businesses (SMBs) due to the advantages of cloud deployment such as scalability, flexibility, and lower costs.
- The growing trend of digitization across all industries is fueling the adoption of cloud-based ERP software as it enables real-time access to data and improved collaboration among employees.
- Rapid advancements in technology are resulting in new features being added to ERP software which is attracting users towards these solutions.
- The increasing number of mergers and acquisitions (M&A) in the enterprise space is leading to consolidation among businesses which is subsequently driving the demand for cloud-based ERP software solutions .
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Enterprise Resource Planning Software Market Research Report
By Type
Small and Medium-Size Businesses, Large Businesses
By Application
Manufacturing, BFSI, Healthcare, Aerospace & Defense, Telecom, Others
By Companies
SAP, Oracle, Sage, Infor, Microsoft, Kronos, Epicor, IBM, Totvs, Workday, UNIT4, YonYou, Cornerstone, Kingdee, Digiwin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Enterprise Resource Planning Software Market Report Segments:
The global Cloud Enterprise Resource Planning Software market is segmented on the basis of:
Types
Small and Medium-Size Businesses, Large Businesses
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing, BFSI, Healthcare, Aerospace & Defense, Telecom, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAP
- Oracle
- Sage
- Infor
- Microsoft
- Kronos
- Epicor
- IBM
- Totvs
- Workday
- UNIT4
- YonYou
- Cornerstone
- Kingdee
- Digiwin
Highlights of The Cloud Enterprise Resource Planning Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small and Medium-Size Businesses
- Large Businesses
- By Application:
- Manufacturing
- BFSI
- Healthcare
- Aerospace & Defense
- Telecom
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud Enterprise Resource Planning Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud Enterprise Resource Planning Software (CERP) is a software application that helps organizations manage their resources more effectively. It provides users with a centralized platform from which to monitor and manage all aspects of their organization's resource allocation, including human resources, technology infrastructure, and financial resources. CERP can also help organizations optimize their use of these resources by providing insights into how best to allocate them across different areas of the business.
Some of the major players in the cloud enterprise resource planning software market are SAP, Oracle, Sage, Infor, Microsoft, Kronos, Epicor, IBM, Totvs, Workday, UNIT4, YonYou, Cornerstone, Kingdee, Digiwin.
The cloud enterprise resource planning software market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Enterprise Resource Planning Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cloud Enterprise Resource Planning Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud Enterprise Resource Planning Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cloud Enterprise Resource Planning Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cloud Enterprise Resource Planning Software Market Size & Forecast, 2018-2028
4.5.1 Cloud Enterprise Resource Planning Software Market Size and Y-o-Y Growth
4.5.2 Cloud Enterprise Resource Planning Software Market Absolute $ Opportunity
Chapter 5 Global Cloud Enterprise Resource Planning Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cloud Enterprise Resource Planning Software Market Size Forecast by Type
5.2.1 Small and Medium-Size Businesses
5.2.2 Large Businesses
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cloud Enterprise Resource Planning Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cloud Enterprise Resource Planning Software Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 BFSI
6.2.3 Healthcare
6.2.4 Aerospace & Defense
6.2.5 Telecom
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Enterprise Resource Planning Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cloud Enterprise Resource Planning Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cloud Enterprise Resource Planning Software Analysis and Forecast
9.1 Introduction
9.2 North America Cloud Enterprise Resource Planning Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cloud Enterprise Resource Planning Software Market Size Forecast by Type
9.6.1 Small and Medium-Size Businesses
9.6.2 Large Businesses
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cloud Enterprise Resource Planning Software Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 BFSI
9.10.3 Healthcare
9.10.4 Aerospace & Defense
9.10.5 Telecom
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cloud Enterprise Resource Planning Software Analysis and Forecast
10.1 Introduction
10.2 Europe Cloud Enterprise Resource Planning Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cloud Enterprise Resource Planning Software Market Size Forecast by Type
10.6.1 Small and Medium-Size Businesses
10.6.2 Large Businesses
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cloud Enterprise Resource Planning Software Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 BFSI
10.10.3 Healthcare
10.10.4 Aerospace & Defense
10.10.5 Telecom
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cloud Enterprise Resource Planning Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cloud Enterprise Resource Planning Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cloud Enterprise Resource Planning Software Market Size Forecast by Type
11.6.1 Small and Medium-Size Businesses
11.6.2 Large Businesses
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cloud Enterprise Resource Planning Software Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 BFSI
11.10.3 Healthcare
11.10.4 Aerospace & Defense
11.10.5 Telecom
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cloud Enterprise Resource Planning Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Cloud Enterprise Resource Planning Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cloud Enterprise Resource Planning Software Market Size Forecast by Type
12.6.1 Small and Medium-Size Businesses
12.6.2 Large Businesses
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cloud Enterprise Resource Planning Software Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 BFSI
12.10.3 Healthcare
12.10.4 Aerospace & Defense
12.10.5 Telecom
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cloud Enterprise Resource Planning Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cloud Enterprise Resource Planning Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cloud Enterprise Resource Planning Software Market Size Forecast by Type
13.6.1 Small and Medium-Size Businesses
13.6.2 Large Businesses
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cloud Enterprise Resource Planning Software Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 BFSI
13.10.3 Healthcare
13.10.4 Aerospace & Defense
13.10.5 Telecom
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cloud Enterprise Resource Planning Software Market: Competitive Dashboard
14.2 Global Cloud Enterprise Resource Planning Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAP
14.3.2 Oracle
14.3.3 Sage
14.3.4 Infor
14.3.5 Microsoft
14.3.6 Kronos
14.3.7 Epicor
14.3.8 IBM
14.3.9 Totvs
14.3.10 Workday
14.3.11 UNIT4
14.3.12 YonYou
14.3.13 Cornerstone
14.3.14 Kingdee
14.3.15 Digiwin
