出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年10月
Cloud ERP Market – Global Forecast to 2028
クラウドERP市場 : コンポーネント (ソリューション、サービス)、ビジネス機能 (財務＆会計、販売＆マーケティング、オペレーション)、導入モード (パブリッククラウド、プライベートクラウド)、組織の規模、業種、地域別 – 2028年までの世界予測
Cloud ERP Market by Component (Solutions, Services), Business Function (Finance & Accounting, Sales & Marketing, Operations), Deployment Mode (Public Cloud, Private Cloud), Organization Size, Vertical and Region – Global Forecast to 2028
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| 種別 | 英文調査報告書 |
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Report Overview
The cloud ERP market size is expected to grow from USD 72.2 billion in 2023 to USD 130.5 billion by 2028 at a compound annual growth rate (CAGR) of 12.6% during the forecast period. Cloud ERP empowers businesses to adapt to a dynamic and digital world while maintaining a competitive edge. Cloud ERP solutions can quickly adapt to the changing needs of an organization. Companies can add or remove features, users, or resources as required, making it easier to scale operations up or down according to market conditions or organizational growth. Furthermore, inventory management, order management, and procurement are fundamental pillars of the cloud ERP market. These features benefit users in several crucial ways. For instance, inventory management ensures optimal stock levels, preventing overstocking or understocking, reducing carrying costs, and enhancing demand forecasting accuracy. Order management streamlines the order-to-cash cycle, facilitating efficient order creation, tracking, and fulfillment, resulting in improved accuracy and timely deliveries. Moreover, it can offer self-service options for customers, enhancing their experience. These functions collectively provide real-time data, automation, and data-driven insights, empowering businesses to make informed decisions, improve operational efficiency, reduce costs, and deliver better customer service.
By vertical, the BFSI segment holds the highest CAGR during the forecast period.
The cloud ERP market by vertical is divided into BFSI, IT & telecom, government & defense, education, healthcare & life sciences, manufacturing, retail, and other verticals. The BFSI segment is estimated to grow at the highest CAGR during the forecasted cloud ERP market. The cloud ERP market plays a pivotal role in the BFSI vertical by addressing the unique challenges and demands of this highly regulated and data-sensitive industry. Cloud ERP systems offer transformative advantages in the BFSI sector, where data security, compliance, and efficiency are paramount. These solutions enable financial institutions to streamline their complex operations, including accounting, risk management, customer service, and compliance tracking, all while enhancing agility and scalability. Cloud ERP in BFSI enables real-time data access and analysis, allowing for more informed decision-making and quicker responses to market changes.
Furthermore, these systems facilitate multi-channel customer interactions, helping banks and insurance companies deliver superior service and personalized experiences in an increasingly digital landscape. Cloud ERP solutions address the rigorous data security and compliance requirements of the BFSI sector, helping organizations adhere to regulatory standards while maintaining data integrity and privacy. In an era of digital disruption, the cloud ERP market in BFSI empowers institutions to adapt rapidly, improve operational efficiency, reduce costs, and, ultimately, provide enhanced financial services to their clients while staying compliant with evolving regulations.
Based on organization size, the large enterprises segment holds the largest market share during the forecast period.
The cloud ERP market, by managed security service, is segmented into large enterprises and SMEs. The large enterprises segment is expected to hold the largest market share during the forecast period. The cloud ERP market plays a transformative and strategic role in large enterprises by revolutionizing how they manage their business processes, resources, and data. Large enterprises, often characterized by complex operations and global reach, benefit significantly from cloud ERP systems. These solutions provide a centralized and scalable platform that enables streamlined operations, real-time data access, and cross-functional collaboration on a massive scale. Large enterprises can efficiently manage their financials, supply chains, HR, and customer relationships while adapting to ever-changing market dynamics. Cloud ERP also facilitates cost savings by eliminating the need for extensive on-premises infrastructure and maintenance, and it enables agility by offering customization options and supporting rapid scalability. Moreover, it enhances data security and compliance, which is critical for organizations dealing with vast amounts of sensitive information. Overall, cloud ERP empowers large enterprises to maintain a competitive edge, drive innovation, and navigate the complexities of the modern business landscape with agility and efficiency.
Based on deployment mode, the private cloud segment holds the highest CAGR during the forecast period.
The cloud ERP market, by deployment mode, is segmented into public and private cloud. The private cloud segment is estimated to grow at the highest CAGR during the forecasted cloud ERP market. Private cloud deployment is a crucial player in the cloud ERP market, offering unique advantages that cater to specific organizational needs. Unlike public cloud options, private cloud ERP deployments provide businesses with greater control over their infrastructure, making them ideal for industries with stringent regulatory compliance requirements or those handling extremely sensitive data. This control allows for the customization of security measures, ensuring data protection and adherence to industry-specific standards. Private cloud ERP deployments also offer enhanced reliability and performance predictability since resources are dedicated solely to the organization, preventing potential performance fluctuations caused by shared resources in the public cloud. This stability is particularly vital for companies that rely heavily on ERP systems for mission-critical operations.
Moreover, private clouds enable businesses to leverage their existing on-premises investments by integrating them with cloud-based ERP solutions, facilitating a gradual transition to the cloud while preserving legacy systems and data. This hybrid approach allows for a smoother migration, minimizing disruption during the transition.
Private clouds also address concerns related to data sovereignty, as organizations can choose the physical location of their data centers or opt for dedicated infrastructure within a trusted third-party provider’s facility, giving them greater control over where their data resides.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the cloud ERP market.
§ By Company: Tier I: 48%, Tier II: 37%, and Tier III: 15%
§ By Designation: C-Level Executives: 40%, Director Level: 34%, and Others: 26%
§ By Region: North America: 42%, Europe: 31%, Asia Pacific: 16%, Rest of World: 11%
Some of the significant cloud ERP market vendors are Oracle (US), Microsoft (US), SAP (Germany), Workday (US), Infor (US), IFS (Sweden), Plex Systems (US), Epicor Software Corporation (US), Sage Group (UK), Ramco Systems (India).
Research coverage:
The market study covers the cloud ERP market across segments. It aims to estimate the market size and the growth potential across different segments, such as components, business functions, organization sizes, verticals, deployment modes, and regions. It includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall cloud ERP market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Implementation of ERP systems to perform core business operations, Surge in adoption of cloud-based ERP solutions across verticals, Increased spending on public cloud platforms, Unified enterprise-wide integration approach, Need for disaster recovery and backup services amid COVID-19 pandemic), restraints (Availability of limited customization options for SaaS ERP solutions, Dependency on wireless routers), opportunities (Advent of big data and analytics in cloud ERP solutions, Increasing government investment in digitalization), and challenges (Integration issues with legacy and on-premises ERP systems, Security concerns in adopting cloud ERP solutions) influencing the growth of the cloud ERP market.
•
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the cloud ERP market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the cloud ERP market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the cloud ERP market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, including Oracle (US), Microsoft (US), SAP (Germany), Workday (US), and Infor (US), among others in the cloud ERP market.
Table of Contents
1 INTRODUCTION 33
1.1 STUDY OBJECTIVES 33
1.2 MARKET DEFINITION 33
1.2.1 INCLUSIONS AND EXCLUSIONS 34
1.3 MARKET SCOPE 35
1.3.1 MARKET SEGMENTATION 35
1.3.2 REGIONS COVERED 35
1.3.3 YEARS CONSIDERED 36
1.4 CURRENCY CONSIDERED 36
TABLE 1 USD EXCHANGE RATES, 2018–2022 36
1.5 STAKEHOLDERS 36
1.6 SUMMARY OF CHANGES 37
1.6.1 RECESSION IMPACT 37
2 RESEARCH METHODOLOGY 38
2.1 RESEARCH APPROACH 38
FIGURE 1 CLOUD ERP MARKET: RESEARCH DESIGN 38
2.1.1 SECONDARY DATA 39
2.1.2 PRIMARY DATA 39
2.1.2.1 Breakup of primary profiles 40
FIGURE 2 BREAKUP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 40
2.1.2.2 Primary respondents: Cloud ERP market 40
2.1.2.3 Key insights from industry experts 40
2.2 MARKET BREAKUP AND DATA TRIANGULATION 41
FIGURE 3 DATA TRIANGULATION 41
2.3 MARKET SIZE ESTIMATION 42
FIGURE 4 CLOUD ERP MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 42
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): REVENUE OF CLOUD ERP FROM VENDORS 43
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY BOTTOM-UP APPROACH (SUPPLY-SIDE): COLLECTIVE REVENUE OF CLOUD ERP VENDORS 44
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY-SIDE): VENDOR-REVENUE ESTIMATION 45
2.3.1 DEMAND-SIDE APPROACH 45
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY ̶ APPROACH 2 (DEMAND-SIDE): REVENUE OF VENDORS FROM BUSINESS FUNCTIONS 46
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 2 (DEMAND-SIDE): CLOUD ERP MARKET 46
2.4 MARKET FORECAST 47
TABLE 2 FACTOR ANALYSIS 47
2.5 RESEARCH ASSUMPTIONS 48
TABLE 3 ECONOMIC FACTOR ANALYSIS 48
2.6 LIMITATIONS 48
2.7 IMPACT OF RECESSION ON GLOBAL CLOUD ERP MARKET 49
TABLE 4 IMPACT OF RECESSION ON GLOBAL CLOUD ERP MARKET 49
3 EXECUTIVE SUMMARY 50
FIGURE 10 CLOUD ERP MARKET SNAPSHOT, 2020–2028 51
FIGURE 11 TOP MARKET SEGMENTS IN TERMS OF GROWTH RATE 52
FIGURE 12 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET BY 2028 53
FIGURE 13 PROFESSIONAL SERVICES SEGMENT TO ACCOUNT FOR LARGER MARKET BY 2028 54
FIGURE 14 TRAINING, SUPPORT, AND MAINTENANCE SEGMENT TO ACCOUNT FOR LARGEST MARKET BY 2028 55
FIGURE 15 OPERATIONS SEGMENT TO ACCOUNT FOR LARGEST SHARE BY 2028 56
FIGURE 16 PUBLIC CLOUD SEGMENT TO ACCOUNT FOR LARGER MARKET BY 2028 57
FIGURE 17 LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGER MARKET BY 2028 57
FIGURE 18 BFSI SEGMENT TO ACCOUNT FOR LARGEST SHARE BY 2028 58
FIGURE 19 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 59
4 PREMIUM INSIGHTS 60
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CLOUD ERP MARKET 60
FIGURE 20 INCREASING FOCUS OF ORGANIZATIONS ON MAXIMIZING WORKFORCE EFFICIENCY TO DRIVE ADOPTION OF CLOUD ERP SOLUTIONS 60
4.2 CLOUD ERP MARKET, BY COMPONENT 60
FIGURE 21 SOLUTIONS SEGMENT TO LEAD MARKET IN 2023 60
4.3 CLOUD ERP MARKET, BY SERVICE 61
FIGURE 22 PROFESSIONAL SERVICES SEGMENT TO ACCOUNT FOR LARGER SHARE IN 2023 61
4.4 CLOUD ERP MARKET, BY PROFESSIONAL SERVICE 61
FIGURE 23 TRAINING, SUPPORT, AND MAINTENANCE SEGMENT TO ACCOUNT FOR LARGEST SHARE IN 2023 61
4.5 CLOUD ERP MARKET, BY BUSINESS FUNCTION 61
FIGURE 24 FINANCE & ACCOUNTING SEGMENT TO LEAD MARKET IN 2023 61
4.6 CLOUD ERP MARKET, BY DEPLOYMENT MODE 62
FIGURE 25 PUBLIC CLOUD SEGMENT TO ACCOUNT FOR LARGER SHARE IN 2023 62
4.7 CLOUD ERP MARKET, BY ORGANIZATION SIZE 62
FIGURE 26 LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGER SHARE IN 2023 62
4.8 CLOUD ERP MARKET, BY VERTICAL 63
FIGURE 27 BFSI SEGMENT TO ACCOUNT FOR LARGEST SHARE IN 2023 63
4.9 CLOUD ERP MARKET, BY REGION 63
FIGURE 28 ASIA PACIFIC TO EMERGE AS LUCRATIVE MARKET FOR INVESTMENTS IN NEXT FIVE YEARS 63
5 MARKET OVERVIEW AND INDUSTRY TRENDS 64
5.1 INTRODUCTION 64
5.2 MARKET DYNAMICS 64
FIGURE 29 CLOUD ERP MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 64
5.2.1 DRIVERS 65
5.2.1.1 Implementation of ERP systems to perform core business operations 65
5.2.1.2 Surge in adoption of cloud ERP solutions across verticals 65
5.2.1.3 Increased spending on public cloud platforms 65
5.2.1.4 Unified enterprise-wide integration approach 66
5.2.1.5 Need for disaster recovery and backup services amid COVID-19 pandemic 66
5.2.2 RESTRAINTS 66
5.2.2.1 Availability of limited customization options for SaaS ERP solutions 66
5.2.2.2 Dependency on wireless routers 67
5.2.3 OPPORTUNITIES 67
5.2.3.1 Advent of big data and analytics in cloud ERP solutions 67
5.2.3.2 Increasing government investment in digitalization 67
5.2.4 CHALLENGES 68
5.2.4.1 Integration issues with legacy and on-premises ERP systems 68
5.2.4.2 Security concerns in adopting cloud ERP solutions 68
5.3 CASE STUDY ANALYSIS 68
5.3.1 KARMA HEALTHCARE ADOPTED AND IMPLEMENTED RAMCO’S ERP SYSTEMS TO STREAMLINE INTERNAL PROCESSES 68
5.3.2 MUNICIPAL UTILITIES DEPARTMENT OF CHASKA IMPLEMENTED TYLER’S ENTERPRISE ERP SOLUTION TO INCREASE EFFICIENCY 69
5.3.3 TOPCON GLOBAL ECOSYSTEM ADOPTED SAP’S CUSTOMER EXPERIENCE SOLUTIONS TO STANDARDIZE SYSTEMS AND PROCESSES 70
5.3.4 DROPBOX DEPLOYED ORACLE’S CLOUD PLATFORM TO CUT FINANCIAL RECORDS PROCESSING COSTS AND REDUCE VOLUME OF TRANSACTIONS 71
5.3.5 SIRIO RETAIL OPERATIONS ADOPTED MICROSOFT’S DYNAMIC 365 TO ENHANCE BUSINESS EFFICIENCY 71
5.3.6 SARMED DEPLOYED NUBIS CLOUD ERP TO AUTOMATE AND INTEGRATE BUSINESS PROCESSES 72
5.3.7 PROPHARMA DISTRIBUTION IMPLEMENTED ACUMATICA’S CLOUD ERP SYSTEM TO ADDRESS INTEGRATION ISSUES 72
5.3.8 DAB PUMPS ADOPTED INFOR’S LN AND CLOUD ERP SYSTEM TO MANAGE MANUFACTURING NEEDS 73
5.3.9 SECOND 61 DEPLOYED DELTEK’S COSTPOINT TO FACILITATE GROWTH AND EXPANSION 73
5.4 ECOSYSTEM ANALYSIS 74
FIGURE 30 ECOSYSTEM MAP 74
5.5 VALUE CHAIN ANALYSIS 75
FIGURE 31 VALUE CHAIN ANALYSIS 75
5.6 INDICATIVE PRICING ANALYSIS 75
TABLE 5 AVERAGE PRICE ANALYSIS FOR COMPONENTS, BY KEY VENDOR (1/3) 76
TABLE 6 AVERAGE PRICE ANALYSIS FOR COMPONENTS, BY KEY VENDOR (2/3) 76
TABLE 7 AVERAGE PRICE ANALYSIS FOR COMPONENTS, BY KEY VENDOR (3/3) 77
5.7 PATENT ANALYSIS 77
FIGURE 32 NUMBER OF PATENTS PUBLISHED, 2012–2022 77
FIGURE 33 TOP TEN PATENT APPLICANTS (GLOBAL), 2022 78
TABLE 8 TOP TEN PATENT OWNERS 78
5.8 TECHNOLOGY ANALYSIS 78
5.8.1 KEY TECHNOLOGIES 78
5.8.1.1 Big data & analytics 78
5.8.1.2 5G technology 79
5.8.1.3 Artificial intelligence 79
5.8.1.4 Machine learning 79
5.8.2 COMPLEMENTARY TECHNOLOGIES 80
5.8.2.1 Robotic process automation 80
5.8.2.2 Application programming interfaces (APIs) 80
5.8.3 ADJACENT TECHNOLOGIES 81
5.8.3.1 Cloud computing 81
5.8.3.2 Edge computing 81
5.9 REGULATORY LANDSCAPE 82
5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 82
TABLE 9 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 82
TABLE 10 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 82
TABLE 11 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 82
TABLE 12 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 83
5.9.2 REGULATIONS, BY REGION 83
5.9.2.1 North America 83
5.9.2.2 Europe 84
5.9.2.3 Asia Pacific 84
5.9.2.4 Middle East & South Africa 85
5.9.2.5 Latin America 85
5.9.3 REGULATORY IMPLICATIONS AND INDUSTRY STANDARDS 85
5.9.3.1 General Data Protection Regulation 85
5.9.3.2 SEC Rule 17a-4 85
5.9.3.3 ISO/IEC 27001 86
5.9.3.4 System and Organization Controls 2 Type II Compliance 86
5.9.3.5 Financial Industry Regulatory Authority 86
5.9.3.6 Freedom of Information Act 86
5.9.3.7 Health Insurance Portability and Accountability Act 86
5.10 PORTER’S FIVE FORCES ANALYSIS 87
FIGURE 34 PORTER’S FIVE FORCES ANALYSIS 87
TABLE 13 IMPACT OF PORTER’S FIVE FORCES ON CLOUD ERP MARKET 87
5.10.1 THREAT OF NEW ENTRANTS 88
5.10.2 THREAT OF SUBSTITUTES 88
5.10.3 BARGAINING POWER OF SUPPLIERS 88
5.10.4 BARGAINING POWER OF BUYERS 88
5.10.5 INTENSITY OF COMPETITIVE RIVALRY 88
5.11 KEY CONFERENCES & EVENTS 89
TABLE 14 KEY CONFERENCES & EVENTS, 2023–2024 89
5.12 TRENDS/DISRUPTIONS IMPACTING BUYERS 89
FIGURE 35 TRENDS/DISRUPTIONS IMPACTING BUYERS 89
5.13 KEY STAKEHOLDERS & BUYING CRITERIA 90
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 90
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP BUSINESS FUNCTIONS 90
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP BUSINESS FUNCTIONS 91
5.13.2 BUYING CRITERIA 91
FIGURE 37 KEY BUYING CRITERIA FOR TOP THREE BUSINESS FUNCTIONS 91
TABLE 16 KEY BUYING CRITERIA FOR TOP THREE BUSINESS FUNCTIONS 92
5.14 CLOUD ERP MARKET: BUSINESS MODELS 92
5.14.1 SUBSCRIPTION MODEL 92
5.14.2 PAY-PER-USE MODEL 93
6 CLOUD ERP MARKET, BY COMPONENT 94
6.1 INTRODUCTION 95
TABLE 17 COMPONENT: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 95
TABLE 18 COMPONENT: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 95
6.1.1 COMPONENT: CLOUD ERP MARKET DRIVERS 95
FIGURE 38 SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 96
TABLE 19 CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 96
TABLE 20 CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 96
6.2 SOLUTIONS 97
6.2.1 REAL-TIME ACCESS TO CRITICAL BUSINESS DATA FROM ANYWHERE TO FOSTER DATA-DRIVEN DECISION-MAKING 97
6.2.2 SOLUTIONS: CLOUD ERP MARKET DRIVERS 97
TABLE 21 SOLUTIONS: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 97
TABLE 22 SOLUTIONS: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 98
6.3 SERVICES 98
6.3.1 CLOUD ERP SERVICES TO ENABLE STREAMLINED OPERATIONS AND LONG-TERM SCALABILITY 98
TABLE 23 SERVICES: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 98
TABLE 24 SERVICES: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 99
6.3.2 SERVICES: CLOUD ERP MARKET DRIVERS 99
FIGURE 39 MANAGED SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 99
TABLE 25 CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 99
TABLE 26 CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 100
6.3.3 PROFESSIONAL SERVICES 100
TABLE 27 PROFESSIONAL SERVICES: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 100
TABLE 28 PROFESSIONAL SERVICES: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 101
TABLE 29 PROFESSIONAL SERVICES: CLOUD ERP MARKET, BY TYPE, 2018–2022 (USD MILLION) 101
TABLE 30 PROFESSIONAL SERVICES: CLOUD ERP MARKET, BY TYPE, 2023–2028 (USD MILLION) 101
FIGURE 40 TRAINING, SUPPORT, AND MAINTENANCE SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 102
6.3.3.1 Integration & implementation 102
TABLE 31 INTEGRATION & IMPLEMENTATION: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 102
TABLE 32 INTEGRATION & IMPLEMENTATION: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 103
6.3.3.2 Consulting & advisory 103
TABLE 33 CONSULTING & ADVISORY: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 103
TABLE 34 CONSULTING & ADVISORY: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 104
6.3.3.3 Training, support, and maintenance 104
TABLE 35 TRAINING, SUPPORT, AND MAINTENANCE: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 104
TABLE 36 TRAINING, SUPPORT, AND MAINTENANCE: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 105
6.3.4 MANAGED SERVICES 105
TABLE 37 MANAGED SERVICES: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 105
TABLE 38 MANAGED SERVICES: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 106
7 CLOUD ERP MARKET, BY BUSINESS FUNCTION 107
7.1 INTRODUCTION 108
7.1.1 BUSINESS FUNCTION: CLOUD ERP MARKET DRIVERS 108
FIGURE 41 FINANCE & ACCOUNTING SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 108
TABLE 39 CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 109
TABLE 40 CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 109
7.2 FINANCE & ACCOUNTING 109
7.2.1 CLOUD ERP TOOLS TO STREAMLINE FINANCIAL PROCESSES AND IMPROVE ACCURACY 109
TABLE 41 FINANCE & ACCOUNTING: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 110
TABLE 42 FINANCE & ACCOUNTING: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 110
7.3 SALES & MARKETING 111
7.3.1 CLOUD ERP TO HELP FOSTER MEANINGFUL CUSTOMER RELATIONSHIPS AND DRIVE REVENUE GROWTH 111
TABLE 43 SALES & MARKETING: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 112
TABLE 44 SALES & MARKETING: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 112
7.4 OPERATIONS 112
7.4.1 CLOUD ERP SYSTEMS TO ENSURE AUTOMATION, VISIBILITY, AND DATA-DRIVEN DECISION-MAKING 112
TABLE 45 OPERATIONS: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 113
TABLE 46 OPERATIONS: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 113
7.5 HUMAN RESOURCES 114
7.5.1 CLOUD ERP SOLUTIONS TO OPTIMIZE OPERATIONS AND MAINTAIN COMPLIANCE EFFORTLESSLY 114
TABLE 47 HUMAN RESOURCES: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 115
TABLE 48 HUMAN RESOURCES: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 115
8 CLOUD ERP MARKET, BY DEPLOYMENT MODE 116
8.1 INTRODUCTION 117
FIGURE 42 PRIVATE CLOUD DEPLOYMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 117
8.1.1 DEPLOYMENT MODE: CLOUD ERP MARKET DRIVERS 117
TABLE 49 CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 118
TABLE 50 CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 118
8.2 PUBLIC CLOUD 118
8.2.1 PUBLIC CLOUD TO ENSURE SCALABILITY, RELIABILITY, AND FLEXIBILITY 118
TABLE 51 PUBLIC CLOUD: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 119
TABLE 52 PUBLIC CLOUD: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 119
8.3 PRIVATE CLOUD 119
8.3.1 PRIVATE CLOUD ERP DEPLOYMENTS TO OFFER ENHANCED RELIABILITY AND PERFORMANCE PREDICTABILITY 119
TABLE 53 PRIVATE CLOUD: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 120
TABLE 54 PRIVATE CLOUD: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 120
9 CLOUD ERP MARKET, BY ORGANIZATION SIZE 121
9.1 INTRODUCTION 122
9.1.1 ORGANIZATION SIZE: CLOUD ERP MARKET DRIVERS 122
FIGURE 43 SMALL- & MEDIUM-SIZED ENTERPRISES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 122
TABLE 55 CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 123
TABLE 56 CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 123
9.2 LARGE ENTERPRISES 123
9.2.1 CLOUD ERP SOLUTIONS TO ENABLE STREAMLINED OPERATIONS, REAL-TIME DATA ACCESS, AND CROSS-FUNCTIONAL COLLABORATION 123
TABLE 57 LARGE ENTERPRISES: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 124
TABLE 58 LARGE ENTERPRISES: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 124
9.3 SMALL- AND MEDIUM-SIZED ENTERPRISES 124
9.3.1 CLOUD ERP SOLUTIONS TO PROVIDE AGILITY AND COST-EFFECTIVENESS 124
TABLE 59 SMALL- AND MEDIUM-SIZED ENTERPRISES: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 125
TABLE 60 SMALL- AND MEDIUM-SIZED ENTERPRISES: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 125
10 CLOUD ERP MARKET, BY VERTICAL 126
10.1 INTRODUCTION 127
10.1.1 VERTICAL: CLOUD ERP MARKET DRIVERS 127
FIGURE 44 BFSI VERTICAL TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 127
TABLE 61 CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 128
TABLE 62 CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 128
10.2 BFSI 129
10.2.1 BANKING CLOUD ERP SOLUTIONS TO STREAMLINE COMPLEX OPERATIONS AND IMPROVE EFFICIENCY 129
10.2.1.1 Banks 129
10.2.1.2 Insurance companies 129
10.2.1.3 Investment firms 129
TABLE 63 BFSI: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 130
TABLE 64 BFSI: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 130
10.3 IT & TELECOM 130
10.3.1 CLOUD ERP SOLUTIONS TO ENHANCE OPERATIONAL EFFICIENCY AND OPTIMIZE RESOURCE UTILIZATION 130
10.3.1.1 Software companies 131
10.3.1.2 BPO and contact centers 131
10.3.1.3 Network operators 131
10.3.1.3.1 Internet service providers 131
10.3.1.3.2 Cloud communication and VoIP providers 132
TABLE 65 IT & TELECOM: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 132
TABLE 66 IT & TELECOM: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 132
10.4 HEALTHCARE & LIFE SCIENCES 133
10.4.1 CLOUD ERP SOLUTIONS TO OPTIMIZE RESOURCE ALLOCATION AND REDUCE COSTS 133
10.4.1.1 Healthcare institutes 133
10.4.1.2 Pharmaceuticals 133
10.4.1.3 Medical research 133
10.4.1.4 Healthcare device manufacturing 134
TABLE 67 HEALTHCARE: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 134
TABLE 68 HEALTHCARE: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 134
10.5 MANUFACTURING 135
10.5.1 INTEGRATED ERP TO DRIVE OPERATIONAL EXCELLENCE AND ENHANCE COMPETITIVENESS 135
10.5.1.1 Discrete manufacturing 135
10.5.1.2 Process manufacturing 136
10.5.1.3 Automotive manufacturing 136
TABLE 69 MANUFACTURING: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 136
TABLE 70 MANUFACTURING: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 137
10.6 GOVERNMENT & DEFENSE 137
10.6.1 CLOUD ERP SYSTEMS TO ENHANCE EFFICIENCY, TRANSPARENCY, AND SECURITY 137
10.6.1.1 Government agencies 138
10.6.1.2 Non-profit organizations 138
10.6.1.3 Aviation companies 138
10.6.1.4 Defense companies 138
TABLE 71 GOVERNMENT & DEFENSE: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 139
TABLE 72 GOVERNMENT & DEFENSE: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 139
10.7 RETAIL 139
10.7.1 CLOUD ERP SYSTEMS TO HELP ORGANIZATIONS ADAPT TO CHANGING MARKET CONDITIONS AND ENHANCE CUSTOMER RELATIONSHIP MANAGEMENT 139
10.7.1.1 Brick and mortar 140
10.7.1.2 eCommerce 140
TABLE 73 RETAIL: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 140
TABLE 74 RETAIL: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 141
10.8 EDUCATION 141
10.8.1 CLOUD ERP SOLUTIONS TO REVOLUTIONIZE ADMINISTRATIVE OPERATIONS AND ENHANCE LEARNING EXPERIENCE 141
10.8.1.1 K-12 141
10.8.1.2 Higher education 142
TABLE 75 EDUCATION: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 142
TABLE 76 EDUCATION: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 142
10.9 OTHER VERTICALS 143
10.9.1 MEDIA & ENTERTAINMENT 143
10.9.2 TRANSPORTATION & LOGISTICS 143
10.9.3 ENERGY & UTILITIES 143
TABLE 77 OTHER VERTICALS: CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 144
TABLE 78 OTHER VERTICALS: CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 144
11 CLOUD ERP MARKET, BY REGION 145
11.1 INTRODUCTION 146
FIGURE 45 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 146
TABLE 79 CLOUD ERP MARKET, BY REGION, 2018–2022 (USD MILLION) 146
TABLE 80 CLOUD ERP MARKET, BY REGION, 2023–2028 (USD MILLION) 147
11.2 NORTH AMERICA 147
11.2.1 NORTH AMERICA: CLOUD ERP MARKET DRIVERS 147
11.2.2 NORTH AMERICA: RECESSION IMPACT 148
FIGURE 46 NORTH AMERICA: MARKET SNAPSHOT 148
TABLE 81 NORTH AMERICA: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 149
TABLE 82 NORTH AMERICA: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 149
TABLE 83 NORTH AMERICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 149
TABLE 84 NORTH AMERICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 149
TABLE 85 NORTH AMERICA: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 150
TABLE 86 NORTH AMERICA: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 150
TABLE 87 NORTH AMERICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 150
TABLE 88 NORTH AMERICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 150
TABLE 89 NORTH AMERICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 151
TABLE 90 NORTH AMERICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 151
TABLE 91 NORTH AMERICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 151
TABLE 92 NORTH AMERICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 151
TABLE 93 NORTH AMERICA: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 152
TABLE 94 NORTH AMERICA: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 152
TABLE 95 NORTH AMERICA: CLOUD ERP MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 152
TABLE 96 NORTH AMERICA: CLOUD ERP MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 153
11.2.3 US 153
11.2.3.1 Need to reduce hardware and maintenance expenses and modernize operations by replacing legacy to drive market 153
TABLE 97 US: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 153
TABLE 98 US: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 153
TABLE 99 US: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 154
TABLE 100 US: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 154
TABLE 101 US: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 154
TABLE 102 US: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 154
TABLE 103 US: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 155
TABLE 104 US: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 155
TABLE 105 US: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 155
TABLE 106 US: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 155
TABLE 107 US: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 156
TABLE 108 US: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 156
TABLE 109 US: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 156
TABLE 110 US: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 157
11.2.4 CANADA 157
11.2.4.1 Rapid shift toward IT service operations’ automation and government initiatives to migrate data to public cloud storage to propel market 157
TABLE 111 CANADA: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 157
TABLE 112 CANADA: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 158
TABLE 113 CANADA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 158
TABLE 114 CANADA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 158
TABLE 115 CANADA: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 158
TABLE 116 CANADA: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 159
TABLE 117 CANADA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 159
TABLE 118 CANADA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 159
TABLE 119 CANADA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 159
TABLE 120 CANADA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 160
TABLE 121 CANADA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 160
TABLE 122 CANADA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 160
11.3 EUROPE 161
11.3.1 EUROPE: CLOUD ERP MARKET DRIVERS 161
11.3.2 EUROPE: RECESSION IMPACT 161
TABLE 123 EUROPE: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 162
TABLE 124 EUROPE: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 162
TABLE 125 EUROPE: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 162
TABLE 126 EUROPE: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 163
TABLE 127 EUROPE: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 163
TABLE 128 EUROPE: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 163
TABLE 129 EUROPE: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 163
TABLE 130 EUROPE: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 164
TABLE 131 EUROPE: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 164
TABLE 132 EUROPE: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 164
TABLE 133 EUROPE: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 164
TABLE 134 EUROPE: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 165
TABLE 135 EUROPE: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 165
TABLE 136 EUROPE: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 165
TABLE 137 EUROPE: CLOUD ERP MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 166
TABLE 138 EUROPE: CLOUD ERP MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 166
11.3.3 UK 166
11.3.3.1 Cloud ERP systems to facilitate global expansion by providing real-time data access, supply chain management, and financial tracking capabilities 166
TABLE 139 UK: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 167
TABLE 140 UK: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 167
TABLE 141 UK: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 167
TABLE 142 UK: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 167
TABLE 143 UK: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 168
TABLE 144 UK: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 168
TABLE 145 UK: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 168
TABLE 146 UK: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 168
TABLE 147 UK: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 169
TABLE 148 UK: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 169
TABLE 149 UK: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 169
TABLE 150 UK: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 169
TABLE 151 UK: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 170
TABLE 152 UK: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 170
11.3.4 GERMANY 170
11.3.4.1 High demand for cloud-based solutions and need for support for supply chain optimization to drive market 170
TABLE 153 GERMANY: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 171
TABLE 154 GERMANY: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 171
TABLE 155 GERMANY: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 171
TABLE 156 GERMANY: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 171
TABLE 157 GERMANY: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 172
TABLE 158 GERMANY: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 172
TABLE 159 GERMANY: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 172
TABLE 160 GERMANY: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 172
TABLE 161 GERMANY: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 173
TABLE 162 GERMANY: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 173
TABLE 163 GERMANY: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 173
TABLE 164 GERMANY: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 173
TABLE 165 GERMANY: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 174
TABLE 166 GERMANY: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 174
11.3.5 FRANCE 174
11.3.5.1 Need to catalyze digital transformation and public sector focus on equipping operations with cloud technology solutions to propel market 174
TABLE 167 FRANCE: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 175
TABLE 168 FRANCE: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 175
TABLE 169 FRANCE: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 175
TABLE 170 FRANCE: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 175
TABLE 171 FRANCE: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 176
TABLE 172 FRANCE: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 176
TABLE 173 FRANCE: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 176
TABLE 174 FRANCE: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 176
TABLE 175 FRANCE: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 177
TABLE 176 FRANCE: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 177
TABLE 177 FRANCE: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 177
TABLE 178 FRANCE: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 177
TABLE 179 FRANCE: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 178
TABLE 180 FRANCE: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 178
11.3.6 REST OF EUROPE 178
TABLE 181 REST OF EUROPE: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 179
TABLE 182 REST OF EUROPE: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 179
TABLE 183 REST OF EUROPE: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 179
TABLE 184 REST OF EUROPE: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 180
TABLE 185 REST OF EUROPE: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 180
TABLE 186 REST OF EUROPE: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 180
TABLE 187 REST OF EUROPE: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 180
TABLE 188 REST OF EUROPE: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 181
TABLE 189 REST OF EUROPE: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 181
TABLE 190 REST OF EUROPE: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 181
TABLE 191 REST OF EUROPE: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 181
TABLE 192 REST OF EUROPE: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 182
TABLE 193 REST OF EUROPE: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 182
TABLE 194 REST OF EUROPE: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 182
11.4 ASIA PACIFIC 183
11.4.1 ASIA PACIFIC: CLOUD ERP MARKET DRIVERS 183
11.4.2 ASIA PACIFIC: RECESSION IMPACT 183
FIGURE 47 ASIA PACIFIC: MARKET SNAPSHOT 184
TABLE 195 ASIA PACIFIC: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 184
TABLE 196 ASIA PACIFIC: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 185
TABLE 197 ASIA PACIFIC: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 185
TABLE 198 ASIA PACIFIC: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 185
TABLE 199 ASIA PACIFIC: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 185
TABLE 200 ASIA PACIFIC: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 186
TABLE 201 ASIA PACIFIC: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 186
TABLE 202 ASIA PACIFIC: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 186
TABLE 203 ASIA PACIFIC: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 186
TABLE 204 ASIA PACIFIC: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 187
TABLE 205 ASIA PACIFIC: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 187
TABLE 206 ASIA PACIFIC: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 187
TABLE 207 ASIA PACIFIC: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 187
TABLE 208 ASIA PACIFIC: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 188
TABLE 209 ASIA PACIFIC: CLOUD ERP MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 188
TABLE 210 ASIA PACIFIC: CLOUD ERP MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 188
11.4.3 CHINA 189
11.4.3.1 Rising investments in latest technologies and growing economy to drive market 189
TABLE 211 CHINA: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 189
TABLE 212 CHINA: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 189
TABLE 213 CHINA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 190
TABLE 214 CHINA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 190
TABLE 215 CHINA: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 190
TABLE 216 CHINA: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 190
TABLE 217 CHINA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 191
TABLE 218 CHINA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 191
TABLE 219 CHINA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 191
TABLE 220 CHINA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 191
TABLE 221 CHINA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 192
TABLE 222 CHINA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 192
TABLE 223 CHINA: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 192
TABLE 224 CHINA: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 193
11.4.4 INDIA 193
11.4.4.1 Increasing number of startups and growth of large ITeS vendors with a global customer base to propel market 193
TABLE 225 INDIA: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 193
TABLE 226 INDIA: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 194
TABLE 227 INDIA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 194
TABLE 228 INDIA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 194
TABLE 229 INDIA: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 194
TABLE 230 INDIA: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 195
TABLE 231 INDIA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 195
TABLE 232 INDIA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 195
TABLE 233 INDIA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 195
TABLE 234 INDIA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 196
TABLE 235 INDIA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 196
TABLE 236 INDIA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 196
TABLE 237 INDIA: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 196
TABLE 238 INDIA: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 197
11.4.5 JAPAN 197
11.4.5.1 Rapid technological advancements and increased R&D activities to fuel demand for cloud ERP solutions 197
TABLE 239 JAPAN: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 197
TABLE 240 JAPAN: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 198
TABLE 241 JAPAN: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 198
TABLE 242 JAPAN: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 198
TABLE 243 JAPAN: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 198
TABLE 244 JAPAN: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 199
TABLE 245 JAPAN: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 199
TABLE 246 JAPAN: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 199
TABLE 247 JAPAN: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 199
TABLE 248 JAPAN: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 200
TABLE 249 JAPAN: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 200
TABLE 250 JAPAN: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 200
TABLE 251 JAPAN: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 200
TABLE 252 JAPAN: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 201
11.4.6 REST OF ASIA PACIFIC 201
TABLE 253 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 201
TABLE 254 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 202
TABLE 255 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 202
TABLE 256 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 202
TABLE 257 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 202
TABLE 258 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 203
TABLE 259 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 203
TABLE 260 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 203
TABLE 261 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 203
TABLE 262 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 204
TABLE 263 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 204
TABLE 264 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 204
TABLE 265 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 204
TABLE 266 REST OF ASIA PACIFIC: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 205
11.5 MIDDLE EAST & AFRICA 205
11.5.1 MIDDLE EAST & AFRICA: CLOUD ERP MARKET DRIVERS 205
11.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 206
TABLE 267 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 206
TABLE 268 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 206
TABLE 269 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 207
TABLE 270 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 207
TABLE 271 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 207
TABLE 272 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 207
TABLE 273 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 208
TABLE 274 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 208
TABLE 275 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 208
TABLE 276 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 208
TABLE 277 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 209
TABLE 278 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 209
TABLE 279 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 209
TABLE 280 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 210
TABLE 281 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 210
TABLE 282 MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 210
11.5.3 UAE 211
11.5.3.1 Need for improved security, enhanced scalability, and easy accessibility to boost demand for cloud ERP solutions 211
TABLE 283 UAE: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 211
TABLE 284 UAE: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 211
TABLE 285 UAE: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 211
TABLE 286 UAE: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 212
TABLE 287 UAE: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 212
TABLE 288 UAE: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 212
TABLE 289 UAE: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 212
TABLE 290 UAE: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 213
TABLE 291 UAE: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 213
TABLE 292 UAE: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 213
TABLE 293 UAE: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 213
TABLE 294 UAE: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 214
TABLE 295 UAE: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 214
TABLE 296 UAE: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 214
11.5.4 KSA 215
11.5.4.1 Digital transformation, technological advancements in cloud computing, and government cloud policies to drive market 215
TABLE 297 KSA: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 215
TABLE 298 KSA: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 215
TABLE 299 KSA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 216
TABLE 300 KSA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 216
TABLE 301 KSA: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 216
TABLE 302 KSA: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 216
TABLE 303 KSA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 217
TABLE 304 KSA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 217
TABLE 305 KSA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 217
TABLE 306 KSA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 217
TABLE 307 KSA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 218
TABLE 308 KSA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 218
TABLE 309 KSA: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 218
TABLE 310 KSA: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 219
11.5.5 SOUTH AFRICA 219
11.5.5.1 Need to protect data, maintain operational continuity, and navigate complexities of evolving digital environment to propel market 219
TABLE 311 SOUTH AFRICA: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 220
TABLE 312 SOUTH AFRICA: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 220
TABLE 313 SOUTH AFRICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 220
TABLE 314 SOUTH AFRICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 220
TABLE 315 SOUTH AFRICA: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 221
TABLE 316 SOUTH AFRICA: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 221
TABLE 317 SOUTH AFRICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 221
TABLE 318 SOUTH AFRICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 221
TABLE 319 SOUTH AFRICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 222
TABLE 320 SOUTH AFRICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 222
TABLE 321 SOUTH AFRICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 222
TABLE 322 SOUTH AFRICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 222
TABLE 323 SOUTH AFRICA: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 223
TABLE 324 SOUTH AFRICA: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 223
11.5.6 REST OF MIDDLE EAST & AFRICA 223
TABLE 325 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 224
TABLE 326 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 224
TABLE 327 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 224
TABLE 328 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 224
TABLE 329 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 225
TABLE 330 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 225
TABLE 331 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 225
TABLE 332 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 225
TABLE 333 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 226
TABLE 334 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 226
TABLE 335 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 226
TABLE 336 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 226
TABLE 337 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 227
TABLE 338 REST OF MIDDLE EAST & AFRICA: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 227
11.6 LATIN AMERICA 227
11.6.1 LATIN AMERICA: CLOUD ERP MARKET DRIVERS 228
11.6.2 LATIN AMERICA: RECESSION IMPACT 228
TABLE 339 LATIN AMERICA: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 228
TABLE 340 LATIN AMERICA: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 229
TABLE 341 LATIN AMERICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 229
TABLE 342 LATIN AMERICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 229
TABLE 343 LATIN AMERICA: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 229
TABLE 344 LATIN AMERICA: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 230
TABLE 345 LATIN AMERICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 230
TABLE 346 LATIN AMERICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 230
TABLE 347 LATIN AMERICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 230
TABLE 348 LATIN AMERICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 231
TABLE 349 LATIN AMERICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 231
TABLE 350 LATIN AMERICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 231
TABLE 351 LATIN AMERICA: CLOUD ERP MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 231
TABLE 352 LATIN AMERICA: CLOUD ERP MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 232
TABLE 353 LATIN AMERICA: CLOUD ERP MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 232
TABLE 354 LATIN AMERICA: CLOUD ERP MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 232
11.6.3 BRAZIL 233
11.6.3.1 Growing complexity in cloud environment and expanding cloud-based managed services to propel market 233
TABLE 355 BRAZIL: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 233
TABLE 356 BRAZIL: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 233
TABLE 357 BRAZIL: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 233
TABLE 358 BRAZIL: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 234
TABLE 359 BRAZIL: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 234
TABLE 360 BRAZIL: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 234
TABLE 361 BRAZIL: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 234
TABLE 362 BRAZIL: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 235
TABLE 363 BRAZIL: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 235
TABLE 364 BRAZIL: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 235
TABLE 365 BRAZIL: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 235
TABLE 366 BRAZIL: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 235
11.6.4 MEXICO 236
11.6.4.1 Cloud ERP to protect data, maintain operational continuity, and navigate complexities of evolving digital landscape 236
TABLE 367 MEXICO: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 236
TABLE 368 MEXICO: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 236
TABLE 369 MEXICO: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 237
TABLE 370 MEXICO: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 237
TABLE 371 MEXICO: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 237
TABLE 372 MEXICO: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 237
TABLE 373 MEXICO: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 238
TABLE 374 MEXICO: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 238
TABLE 375 MEXICO: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 238
TABLE 376 MEXICO: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 238
TABLE 377 MEXICO: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 239
TABLE 378 MEXICO: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 239
11.6.5 ARGENTINA 239
11.6.5.1 Flexibility, cost-effectiveness, and need for managed services to secure digital operations to drive market 239
TABLE 379 ARGENTINA: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 239
TABLE 380 ARGENTINA: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 240
TABLE 381 ARGENTINA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 240
TABLE 382 ARGENTINA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 240
TABLE 383 ARGENTINA: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 240
TABLE 384 ARGENTINA: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 241
TABLE 385 ARGENTINA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 241
TABLE 386 ARGENTINA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 241
TABLE 387 ARGENTINA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 241
TABLE 388 ARGENTINA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 242
TABLE 389 ARGENTINA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 242
TABLE 390 ARGENTINA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 242
11.6.6 REST OF LATIN AMERICA 242
TABLE 391 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY COMPONENT, 2018–2022 (USD MILLION) 243
TABLE 392 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 243
TABLE 393 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 243
TABLE 394 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 244
TABLE 395 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY SERVICE, 2018–2022 (USD MILLION) 244
TABLE 396 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY SERVICE, 2023–2028 (USD MILLION) 244
TABLE 397 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2018–2022 (USD MILLION) 244
TABLE 398 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 245
TABLE 399 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 245
TABLE 400 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 245
TABLE 401 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 245
TABLE 402 REST OF LATIN AMERICA: CLOUD ERP MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 246
12 COMPETITIVE LANDSCAPE 247
12.1 INTRODUCTION 247
12.2 KEY PLAYERS’ STRATEGIES/RIGHT TO WIN 247
TABLE 403 OVERVIEW OF STRATEGIES ADOPTED BY KEY VENDORS 247
12.3 MARKET SHARE ANALYSIS 251
TABLE 404 MARKET SHARE OF KEY VENDORS, 2022 251
FIGURE 48 CLOUD ERP MARKET SHARE ANALYSIS 252
12.4 COMPARISON OF VENDOR PRODUCTS/BRANDS 253
TABLE 405 COMPARISON OF VENDOR PRODUCTS/BRANDS 253
12.5 REVENUE ANALYSIS 255
FIGURE 49 HISTORICAL REVENUE ANALYSIS, BY KEY PLAYER, 2018–2022 (USD MILLION) 255
12.6 COMPANY EVALUATION MATRIX 256
FIGURE 50 KEY COMPANY EVALUATION MATRIX: CRITERIA WEIGHTAGE 257
12.6.1 STARS 257
12.6.2 EMERGING LEADERS 257
12.6.3 PERVASIVE PLAYERS 257
12.6.4 PARTICIPANTS 258
FIGURE 51 KEY COMPANY EVALUATION MATRIX, 2022 258
12.6.5 KEY COMPANY FOOTPRINT 259
TABLE 406 KEY COMPANY REGIONAL FOOTPRINT 259
TABLE 407 KEY COMPANY VERTICAL FOOTPRINT 260
TABLE 408 KEY COMPANY BUSINESS FUNCTION FOOTPRINT 261
TABLE 409 OVERALL KEY COMPANY FOOTPRINT 262
12.7 STARTUP/SME EVALUATION QUADRANT 263
FIGURE 52 STARTUP/SME EVALUATION MATRIX: CRITERIA WEIGHTAGE 263
12.7.1 RESPONSIVE COMPANIES 263
12.7.2 PROGRESSIVE COMPANIES 263
12.7.3 DYNAMIC COMPANIES 264
12.7.4 STARTING BLOCKS 264
FIGURE 53 STARTUP/SME EVALUATION MATRIX, 2022 264
TABLE 410 OVERALL STARTUP/SME FOOTPRINT 265
12.7.5 COMPETITIVE BENCHMARKING OF STARTUPS/SMES 265
TABLE 411 KEY STARTUPS/SMES 265
12.8 COMPANY FINANCIAL METRICS 266
FIGURE 54 COMPANY FINANCIAL METRICS, 2022 266
12.9 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS 266
FIGURE 55 CLOUD ERP MARKET: GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS, 2022 266
12.10 COMPETITIVE SCENARIO AND TRENDS 267
12.10.1 PRODUCT LAUNCHES & ENHANCEMENTS 267
TABLE 412 CLOUD ERP MARKET: PRODUCT LAUNCHES & ENHANCEMENTS, MAY 2020–SEPTEMBER 2023 267
12.10.2 DEALS 271
TABLE 413 CLOUD ERP MARKET: PRODUCT DEALS, JULY 2020–SEPTEMBER 2023 271
13 COMPANY PROFILES 278
13.1 INTRODUCTION 278
(Business overview, Products/Services offered, Recent developments & MnM View)*
13.2 KEY PLAYERS 278
13.2.1 ORACLE 278
TABLE 414 ORACLE: BUSINESS OVERVIEW 278
FIGURE 56 ORACLE: COMPANY SNAPSHOT 279
TABLE 415 ORACLE: PRODUCTS/SERVICES OFFERED 279
TABLE 416 ORACLE: PRODUCT LAUNCHES & ENHANCEMENTS 280
TABLE 417 ORACLE: DEALS 281
13.2.2 MICROSOFT 283
TABLE 418 MICROSOFT: BUSINESS OVERVIEW 283
FIGURE 57 MICROSOFT: COMPANY SNAPSHOT 284
TABLE 419 MICROSOFT: PRODUCTS/SERVICES OFFERED 284
TABLE 420 MICROSOFT: PRODUCT LAUNCHES AND ENHANCEMENTS 285
TABLE 421 MICROSOFT: DEALS 286
13.2.3 SAP 288
TABLE 422 SAP: BUSINESS OVERVIEW 288
FIGURE 58 SAP: COMPANY SNAPSHOT 289
TABLE 423 SAP: PRODUCTS/SERVICES OFFERED 289
TABLE 424 SAP: PRODUCT LAUNCHES & ENHANCEMENTS 291
TABLE 425 SAP: DEALS 291
13.2.4 WORKDAY 294
TABLE 426 WORKDAY: BUSINESS OVERVIEW 294
FIGURE 59 WORKDAY: COMPANY SNAPSHOT 295
TABLE 427 WORKDAY: PRODUCTS/SERVICES OFFERED 295
TABLE 428 WORKDAY: PRODUCT LAUNCHES & ENHANCEMENTS 296
TABLE 429 WORKDAY: DEALS 297
13.2.5 INFOR 299
TABLE 430 INFOR: BUSINESS OVERVIEW 299
TABLE 431 INFOR: PRODUCT/SERVICES OFFERED 299
TABLE 432 INFOR: PRODUCT LAUNCHES & ENHANCEMENTS 300
TABLE 433 INFOR: DEALS 300
13.2.6 IFS 302
TABLE 434 IFS: BUSINESS OVERVIEW 302
TABLE 435 IFS: PRODUCTS/SERVICES OFFERED 302
TABLE 436 IFS: PRODUCT LAUNCHES & ENHANCEMENTS 303
TABLE 437 IFS: DEALS 303
13.2.7 EPICOR SOFTWARE CORPORATION 305
TABLE 438 EPICOR SOFTWARE CORPORATION: BUSINESS OVERVIEW 305
TABLE 439 EPICOR SOFTWARE CORPORATION: PRODUCTS/SERVICES OFFERED 305
TABLE 440 EPICOR SOFTWARE CORPORATION: PRODUCT LAUNCHES & ENHANCEMENTS 306
TABLE 441 EPICOR SOFTWARE CORPORATION: DEALS 307
13.2.8 PLEX SYSTEMS 308
TABLE 442 PLEX SYSTEMS: BUSINESS OVERVIEW 308
TABLE 443 PLEX SYSTEMS: PRODUCTS/SERVICES OFFERED 308
TABLE 444 PLEX SYSTEMS: PRODUCT LAUNCHES & ENHANCEMENTS 309
TABLE 445 PLEX SYSTEMS: DEALS 309
13.2.9 SAGE GROUP 310
TABLE 446 SAGE GROUP: BUSINESS OVERVIEW 310
FIGURE 60 SAGE GROUP: COMPANY SNAPSHOT 311
TABLE 447 SAGE GROUP: PRODUCTS/SERVICES OFFERED 311
TABLE 448 SAGE GROUP: DEALS 313
13.2.10 RAMCO SYSTEMS 314
TABLE 449 RAMCO SYSTEMS: BUSINESS OVERVIEW 314
FIGURE 61 RAMCO SYSTEMS: COMPANY SNAPSHOT 315
TABLE 450 RAMCO SYSTEMS: PRODUCTS/SERVICES OFFERED 315
TABLE 451 RAMCO SYSTEMS: DEALS 316
*Details on Business overview, Products/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
13.3 OTHER PLAYERS 317
13.3.1 QAD 317
13.3.2 PRIORITY 318
13.3.3 TALLY SOLUTIONS 318
13.3.4 ODOO 319
13.3.5 SYSPRO 320
13.3.6 TYLER TECHNOLOGIES 321
13.3.7 MIE SOLUTIONS 322
13.3.8 ACUMATICA 323
13.3.9 GENIUS SOLUTIONS 324
13.3.10 DELTEK 325
13.3.11 VIENNA ADVANTAGE 326
13.3.12 OPENPRO 327
13.3.13 DASSAULT SYSTÈMES 328
13.3.14 AZENTIO SOFTWARE 329
13.3.15 GLOBAL SHOP SOLUTIONS 330
13.3.16 ROOTSTOCK SOFTWARE 331
13.3.17 ECI SOFTWARE SOLUTIONS 332
13.3.18 UNIT4 333
13.4 STARTUPS/SMES 334
13.4.1 DOLIBARR 334
13.4.2 CIN7 335
13.4.3 FLECTRA 336
13.4.4 BIZAUTOMATION 337
13.4.5 VERSA CLOUD ERP 338
13.4.6 CENTRALBOS 339
13.4.7 WRKPLAN 340
13.4.8 DESKERA 341
13.4.9 ROSSUM 342
13.4.10 XOROSOFT 343
14 ADJACENT/RELATED MARKETS 344
14.1 INTRODUCTION 344
14.1.1 RELATED MARKETS 344
14.1.2 LIMITATIONS 344
14.2 CLOUD APPLICATIONS MARKET 344
14.2.1 CLOUD APPLICATIONS MARKET, BY VERTICAL 345
TABLE 452 BFSI: CLOUD APPLICATIONS MARKET, BY REGION, 2018–2025 (USD MILLION) 345
TABLE 453 ENERGY & UTILITIES: CLOUD APPLICATIONS MARKET, BY REGION, 2018–2025 (USD MILLION) 345
TABLE 454 GOVERNMENT & PUBLIC SECTOR: CLOUD APPLICATIONS MARKET, BY REGION, 2018–2025 (USD MILLION) 345
TABLE 455 HEALTHCARE & LIFE SCIENCES: CLOUD APPLICATIONS MARKET, BY REGION, 2018–2025 (USD MILLION) 346
TABLE 456 MANUFACTURING: CLOUD APPLICATIONS MARKET, BY REGION, 2018–2025 (USD MILLION) 346
TABLE 457 RETAIL & CONSUMER GOODS: CLOUD APPLICATIONS MARKET, BY REGION, 2018–2025 (USD MILLION) 346
TABLE 458 TELECOMMUNICATIONS: CLOUD APPLICATIONS MARKET, BY REGION, 2018–2025 (USD MILLION) 347
TABLE 459 TRANSPORTATION AND LOGISTICS: CLOUD APPLICATIONS MARKET, BY REGION, 2018–2025 (USD MILLION) 347
TABLE 460 TRAVEL AND HOSPITALITY: CLOUD APPLICATIONS MARKET, BY REGION, 2018–2025 (USD MILLION) 347
TABLE 461 OTHER VERTICALS: CLOUD APPLICATIONS MARKET, BY REGION, 2018–2025 (USD MILLION) 348
14.2.2 CLOUD APPLICATIONS MARKET, BY REGION 348
TABLE 462 NORTH AMERICA: CLOUD APPLICATIONS MARKET, BY VERTICAL, 2018–2025 (USD MILLION) 348
TABLE 463 EUROPE: CLOUD APPLICATIONS MARKET, BY VERTICAL, 2018–2025 (USD MILLION) 349
TABLE 464 ASIA PACIFIC: CLOUD APPLICATIONS MARKET, BY VERTICAL, 2018–2025 (USD MILLION) 349
TABLE 465 MIDDLE EAST & AFRICA: CLOUD APPLICATIONS MARKET, BY VERTICAL, 2018–2025 (USD MILLION) 350
TABLE 466 LATIN AMERICA: CLOUD APPLICATIONS MARKET, BY VERTICAL, 2018–2025 (USD MILLION) 350
15 APPENDIX 351
15.1 DISCUSSION GUIDE 351
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 355
15.3 CUSTOMIZATION OPTIONS 357
15.4 RELATED REPORTS 357
15.5 AUTHOR DETAILS 358