The global cloud ERP market size is expected to grow from $44.5 billion in 2020 to $101.1 billion in 2025 with an average annual growth rate (CAGR) of 17% over the forecast period. Key factors driving the growth of the cloud ERP industry are the growing demand from enterprises to improve operational efficiency and streamline business processes, the impact of the COVID-19 epidemic, and increased adoption of cloud-based solutions.
A full report of Cloud ERP Market available at https://www.orionmarketreports.com/cloud-erp-market/11589/
The major players in thecloud ERP market are Oracle (US), Microsoft (US), SAP (Germany), IFS (Sweden), Infor (US), Sage Software (UK), Workday (US), Plex System (US), Ramco System (India), Epicor (US), Acumatica (US), Deltek (US), Unit 4 (Europe), SYSPRO (South Africa), QAD Inc (US), IQMS (US), MIE Track Pro (US), Genius Solutions (Canada), OpenPro (US), Global Shop Solutions (US).
Cloud ERP Market: Segmentation
Based on the component:
• Solution
• Services
Based on the professional service type:
• Implementation and Integration
• Consulting
• Support and Maintenance
Based on the business function type:
• Finance and Accounting
• Sales and Marketing
• Inventory and Order Management
Based on organization size:
• Large Enterprises
• Small and Medium-sized Enterprises
Based on verticals:
• BFSI
• Telecom
• Healthcare and Life Sciences
• Manufacturing
• Government and Public Sector
• Aerospace and Defense
• Retail
• Education
• Others (media and entertainment, transportation and logistics, and utilities)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
