Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Overview
  • Distribution by PR Newswire
  • AI Tools
  • Multichannel Amplification
  • Guaranteed Paid Placement
  • SocialBoost
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Overview
  • Distribution by PR Newswire
  • AI Tools
  • Multichannel Amplification
  • SocialBoost
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

Global Cloud ERP Market Report 2022 to 2027: Advent of Big Data and Analytics in Cloud ERP Solutions Presents Opportunities

Research and Markets Logo

News provided by

Research and Markets

Nov 24, 2022, 10:45 ET

Share this article

Share toX

Share this article

Share toX

DUBLIN, Nov. 24, 2022 /PRNewswire/ -- The "Cloud ERP Market by Component (Solution, Services), Business Function (Accounting and Finance, Sales and Marketing, Inventory and Order Management), Organization Size, Vertical (BFSI, Manufacturing, IT and Telecom) and Region - Global Forecast to 2027" report has been added to  ResearchAndMarkets.com's offering.


The author forecasts the global Cloud ERP market to grow from USD 64.7 billion in 2022 to USD 130.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 15.0% during the forecast period.

Services segment to grow at a higher CAGR during the forecast period

Services are integral to the software life cycle, including deployment, integration, product upgradation, maintenance, training, and consulting. Services are categorized into managed services and professional services. Managed services are valued based on their use and are provided by third-party vendors. The cost implied while using managed services is limited to the time and amount of their use.

Professional services are obtained directly from parent companies. These services can be provided as advisory, implementation and integration, and support and maintenance. The demand for advisory services would increase as technology-based software solutions are expected to increase. Support services include assistance provided during installation and maintenance activities.

Manufacturing segment to record the second highest CAGR during the forecast period

Manufacturing cloud ERP software(s) integrates manufacturing, inventory management, and accounting to help businesses ensure raw materials are available for production, manage the manufacturing process, maintain revisions, and track financials. Integrated ERP for manufacturing helps streamline business processes, generates accurate pricing, and calculates total manufacturing costs.

Manufacturing companies have been moving their traditional ERP systems to the cloud as they realize their core competency is manufacturing, not managing software and hardware. Cloud ERP offerings from various prominent vendors are more secure and reliable than most in-house solutions and have become a distinct advantage for enterprises. For instance, Acumatica ERP software for the manufacturing industry integrates with financial and CRM modules to effectively support all major business areas, helping flexible business processes to plan and control manufacturing operations.

Europe to record for significant market size during the forecast period

The established internet and robust economic infrastructure with business demand for cloud services market. Europe's one of the top 3 markets for cloud-based services and the second largest market in the overall Cloud ERP market. The major countries considered in this report for analysis are the UK, Germany, and others. The UK and Germany are the countries with the highest potential for the Cloud ERP market among all other countries.

Business demands in the European market are diverse, reasonably like North America. Enterprises in this region have strong technical expertise along with bigger IT budgets. The increasing digitalization and the growing focus of organizations on IT problems and streamlining IT processes and services with business objectives are projected to drive the demand for cloud applications in the region. The UK and Germany have the highest growth potential in the cloud ERP market among all the other countries in the region.

Due to the rise in European government initiatives, cloud ERP vendors are employing several security and access protocols to maintain service quality. Major players, such as Microsoft, Oracle, IBM, and OVH, have established their data centers in European regions to cater to customers' growing demands and increase the customer base. The region is an early adopter of cloud technology due to the strong technical expertise and better IT budget of enterprises.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in Cloud ERP Market
4.2 Market, by Deployment Model, 2022
4.3 Market, by Application, 2022 Vs. 2027
4.4 Market, by Organization Size, 2022
4.5 Market, by Vertical, 2022 Vs. 2027
4.6 Market: Regional Scenario, 2022-2027

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Implementation of ERP Systems to Perform Core Business Operations
5.2.1.2 Surge in Adoption of Cloud ERP Solutions Across Verticals
5.2.1.3 Increasing Cloud Spending Driving Demand for Cloud-Based Applications
5.2.1.4 Unified Enterprise-Wide Integration Approach
5.2.1.5 Need for Disaster Recovery and Backup Services Amid COVID-19 Pandemic
5.2.2 Restraints
5.2.2.1 Limited Customization Options Available for Saas ERP Solutions
5.2.2.2 Dependency on Wireless Routers Creates Network Barrier
5.2.3 Opportunities
5.2.3.1 Advent of Big Data and Analytics in Cloud ERP Solutions
5.2.3.2 Increasing Government Investment in Digitalization
5.2.4 Challenges
5.2.4.1 Integration Issue with Legacy and On-Premises ERP Systems
5.2.4.2 Security Concerns in Adopting Cloud ERP Solutions
5.3 Case Study Analysis
5.3.1 Case Study 1: Sap Customer Experience Assisted Topcon Global Ecosystem Rejuvenate
5.3.2 Case Study 2: Enhanced Transaction Processing Through Integration of Ml and Automation in Dropbox's ERP Solution
5.3.3 Case Study 3: Robust and Flexible ERP System Sought Due to Company/Business Expansion
5.3.4 Case Study 4: Integrating Epm and Crm in Logistics and Supply Chain
5.3.5 Case Study 5: Deployment of Interconnected Cloud-Based ERP Platform
5.3.6 Case Study 6: Optimizing Processes in Manufacturing
5.4 Technology Analysis
5.5 Patent Analysis
5.6 Value Chain Analysis
5.7 Ecosystem
5.8 Porter's Five Forces Analysis
5.9 Key Stakeholders and Buying Criteria
5.10 Key Conferences and Events in 2022-2023
5.11 Pricing Analysis
5.12 Trends/Disruptions Impacting Buyers
5.13 Regulatory Landscape

6 Cloud ERP Market, by Component
6.1 Introduction
6.1.1 Component: Market Drivers
6.2 Solution
6.2.1 Solution: Market Drivers
6.3 Services
6.3.1 Services: Market Drivers
6.3.2 Professional Services
6.3.2.1 Integration and Implementation
6.3.2.2 Consulting
6.3.2.3 Support and Maintenance
6.3.3 Managed Services

7 Cloud ERP Market, by Business Function
7.1 Introduction
7.1.1 Business Function: Market Drivers
7.2 Finance and Accounting
7.3 Sales and Marketing
7.4 Inventory and Order Management

8 Cloud ERP Market, by Organization Size
8.1 Introduction
8.1.1 Organization Size: Market Drivers
8.2 Large Enterprises
8.3 Small and Medium-Sized Enterprises

9 Cloud ERP Market, by Vertical
9.1 Introduction
9.1.1 Vertical: Market Drivers
9.2 Bfsi
9.3 It and Telecom
9.4 Healthcare
9.5 Manufacturing
9.6 Government and Public Sector
9.7 Aerospace and Defense
9.8 Retail
9.9 Education
9.10 Other Verticals

10 Cloud ERP Market, by Region

11 Competitive Landscape
11.1 Overview
11.2 Market Evaluation Framework
11.3 Market Share of Top Players
11.4 Revenue Analysis of Top Players
11.5 Company Evaluation Quadrant
11.5.1 Matrix Definitions and Methodology
11.5.2 Stars
11.5.3 Pervasive Players
11.5.4 Emerging Leaders
11.5.5 Participants
11.6 Startup/Sme Evaluation Quadrant
11.6.1 Definitions and Methodology
11.6.2 Progressive Companies
11.6.3 Responsive Companies
11.6.4 Dynamic Companies
11.6.5 Starting Blocks
11.7 Competitive Benchmarking
11.8 Competitive Scenario
11.8.1 Product Launches and Enhancements
11.8.2 Acquisitions

12 Company Profiles
12.1 Introduction
12.2 Key Companies
12.2.1 Oracle
12.2.2 Microsoft
12.2.3 Sap
12.2.4 Ifs
12.2.5 Infor
12.2.6 Sage Software
12.2.7 Workday
12.2.8 Plex Systems
12.2.9 Ramco Systems
12.2.10 Epicor
12.3 Other Companies
12.3.1 Tally
12.3.2 Odoo
12.3.3 Syspro
12.3.4 Tyler Technologies
12.3.5 Mie Solutions
12.3.6 Acumatica
12.3.7 Genius Solutions
12.3.8 Brightpearl
12.3.9 Deltek
12.3.10 Qad Inc.
12.3.11 Vienna Advantage
12.3.12 Openpro
12.3.13 Delmiaworks
12.3.14 3I Infotech
12.3.15 Global Shop Solutions
12.3.16 Rootstock Software
12.3.17 Eci Software Solutions
12.3.18 Unit4

13 Adjacent and Related Markets

14 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/kqmmth

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

icon3
440k+
Newsrooms &
Influencers
icon1
9k+
Digital Media
Outlets
icon2
270k+
Journalists
Opted In
GET STARTED

Modal title

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform
  • ProfNet
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2025 Cision US Inc.