Cloud ERP Market Forecast, Trends, and Scope by 2030
The cloud ERP market is expected to grow from US$ 27.59 billion in 2022 and is expected to reach US$ 108.17 billion by 2030; it is estimated to record a CAGR of 18.6% from 2022 to 2030. The rising integration with the Internet of Things (IoT) is likely to remain a key trend in the market.
Cloud ERP Market Analysis
Various companies are launching new cloud-based ERP software. For instance, in June 2023, 10X ERP announced the launch of its cloud-based ERP software, which is specifically designed to cater to the needs of small to medium-sized industrial distribution businesses. The solution offers an intuitive, user-friendly, and fast experience. Its core capabilities encompass a wide range of features, including sales and purchase order entry, inventory management, customer and vendor relationship management, real-time dashboards, a custom shipping integrator, QC management tools, and a robust, fully integrated accounting system that provides real-time data. Such initiatives by the market players are fueling the growth of cloud ERP in the market. In addition, the growing adoption of cloud ERP software in various industry verticals, including manufacturing, IT and telecom, BFSI, healthcare, retail, and others, is fueling the growth of the market. Furthermore, the growing technological advancement in the software is further expected to fuel the growth of the cloud ERP market
Cloud ERP Market Overview
Cloud ERP is known as an enterprise resource planning software that can be accessed over the Internet. Hosted on a provider’s cloud computing platform, cloud ERP is typically delivered as a service (software-as-a-service or SaaS ERP). Cloud ERP software provides various advantages; one of the largest advantages of cloud ERP software is its almost limitless customizability. Add-on solutions, open APIs, industry-specific functions, and role-based dashboards allow companies to implement powerful decision-making tools, unparalleled data visibility, and a future-proof platform for success. Enterprises can implement chosen editions that have been designed to the needs of their specific industries—distribution, manufacturing, retail, and construction, among others. The field and office teams work in tandem to complete multiple projects under budget and on time, but challenges arise when they do not have efficient information. Construction-specific ERP software integrates applications and systems—including financials, job cost accounting, inventory, CRM, payroll, and project management, among others—for a complete, real-time view of the business that instantly connects all workers in the team.
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Cloud ERP Market: Strategic Insights
Market Size Value in US$ 27.59 billion in 2022 Market Size Value by US$ 108.17 billion by 2030 Growth rate CAGR of 18.6% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Cloud ERP Market: Strategic Insights
Market Size Value in | US$ 27.59 billion in 2022 |
Market Size Value by | US$ 108.17 billion by 2030 |
Growth rate | CAGR of 18.6% from 2022 to 2030 |
Forecast Period | 2022-2030 |
Base Year | 2022 |
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Speak to AnalystCloud ERP Market Drivers and Opportunities
Increasing Organizational Needs to Improve Staff Productivity and Efficiency to Favor Market
Businesses are continuously seeking ways to boost their output and effectiveness in the current fast-paced, intensely competitive commercial landscape. Cloud-based enterprise resource planning (ERP) systems have garnered significant attention as they assist in business growth, collaborations, and effective operations. Cloud ERP offers a variety of benefits over traditional on-premise systems. Cloud-based systems are accessible from anywhere with an Internet connection. This means that employees can retrieve critical business collaboration data and perform tasks remotely. For example, sales representatives can access real-time inventory data while on the go, which allows them to execute timely customer interactions. Cloud ERP provides real-time data updates and analytics, which can be utilized to make informed decisions. For example, using data obtained from cloud ERP systems, managers can monitor inventory levels and demand in real-time, allowing for proactive restocking and optimized production schedules. Cloud ERP includes collaboration tools, which improve teamwork and coordination. For example, a cloud ERP system facilitates project management and collaboration among remote teams, streamlining project workflows and reducing errors. Further, cloud ERP can reduce operational costs by automating processes and reducing the need for on-premise infrastructure.
Rising Adoption of Cloud ERP in Various Sectors
The Cloud ERP market has grown strongly in the past few years, and one major driving factor for this has to be digitalization in Cloud ERP systems. Owing to advanced technologies and increasing demand from businesses for streamlined and effective tax processes, the demand for digital solutions has been spiraling upward to make all activities related to taxes easier. Digitization of any Cloud ERP system has a lot of benefits associated with it for businesses of all scales and any person. One of the major advantages is the automation of all tasks related to taxation. This reduces manual effort and hence reduces the possibility of errors to a minimum. Through Cloud ERP, data entry, tax calculations, and reporting can be automated, ensuring accuracy and compliance with tax laws.
Cloud ERP Market Report Segmentation Analysis
Key segments that contributed to the derivation of the Cloud ERP market analysis are business function, organization size, and vertical.
- Based on business function, the market is segmented into finance and accounting, sales and marketing, inventory and order management, human capital management, others. The inventory and order management segment dominated the market in 2022.
- Based on organization size, the market is bifurcated into large enterprises, SMEs. The large enterprises segment dominated the market in 2022.
- Based on vertical, the commercial enterprises market is bifurcated into manufacturing, IT and telecom, BFSI, healthcare, retail, government, aerospace and defense, and others. The manufacturing segment dominated the market in 2022.
Cloud ERP Market Share Analysis by Geography
The geographic scope of the Cloud ERP market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America dominated the market in 2022. Technological changes have a substantial impact on the North American economy. All developed countries in North America have a significant focus on creating technological innovations. The US economy depends on technology substantially. As a result, many states have started major initiatives to ignite innovation and empower entrepreneurs. The most frequently mentioned technologies are the Internet of things (IoT), big data analytics, mobility, artificial intelligence (AI), digital media, biotechnology, telemedicine, and cloud computing. Various companies in North America are deploying new cloud-based software. For instance, in April 2023, SAP SE announced that the Greater Austin Merchants Cooperative Association (GAMA) selected SAP S/4HANA Cloud, which is a public edition to help future-proof the organization and support its business transformation. With SAP S/4HANA Cloud, public edition, the company is helping midsize businesses harness the proven benefits of cloud ERP with built-in industry best practices.
Cloud ERP Market Report Scope
Cloud ERP Market News and Recent Developments
The Cloud ERP market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Cloud ERP market are listed below:
- SAP and its partner SGN Software Pvt Ltd launched a flagship Cloud ERP offering designed for small and mid-sized organisations. (Source: SAP, Press Release, July 2024)
- Forterro, the European provider of ERP software solutions to the industrial mid-market, announced the UK launch of Fortee, its entry-level cloud-based ERP solution. Fortee has been designed specifically for the needs of SME discrete manufacturers and industrial startups and is based on 15 years of cloud-ERP learning. (Source: Forterro, Press Release, May 2024)
Cloud ERP Market Report Coverage and Deliverables
The “Cloud ERP Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Cloud ERP market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Cloud ERP market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Cloud ERP market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the superconductor market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Business Function, Organization Size, Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The estimated value of the Cloud ERP market is expected to reach US$ 108.17 billion by 2030.
The market is expected to grow at a CAGR of 18.6% over the forecast period.
The rising integration with the Internet of Things (IoT) is likely to remain a key trend in the market.
Acumatica Inc, Infor Inc, Microsoft Corp, Oracle Corp, and Sage Group Plc are among the leading players in the Cloud ERP market.
North America dominated the Cloud ERP market in 2022.
The Cloud ERP market has grown strongly in the past few years, and one major driving factor for this is increasing organizational needs to improve staff productivity and efficiency.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Cloud ERP Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain:
5. Cloud ERP Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Increasing Organizational Needs to Improve Staff Productivity and Efficiency
5.1.2 Rising Adoption of Cloud ERP Solutions Across Various Verticals
5.2 Restraints
5.2.1 Availability of Limited Customized Options for SaaS ERP Solutions
5.2.2 Possibility of Security Breach Issues
5.3 Opportunity
5.3.1 Increasing Government Initiatives for Digitalization of SMEs
5.3.2 Use of Mobile and Cloud Applications
5.4 Trends
5.4.1 Technological Advancements
5.4.2 Growing Implementation of Two-Tier ERP Systems
5.5 Impact of Drivers and Restraints:
6. Cloud ERP Market - Global Market Analysis
6.1 Cloud ERP Market Overview
6.2 Cloud ERP Market Revenue (US$ Million), 2022 – 2030
6.3 Cloud ERP Market Forecast and Analysis
7. Cloud ERP Market Analysis - Business Function
7.1 Finance and Accounting
7.1.1 Overview
7.1.2 Finance and Accounting Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Sales and Marketing
7.2.1 Overview
7.2.2 Sales and Marketing Market Revenue and Forecasts To 2030 (US$ Million)
7.3 Inventory and Order Management
7.3.1 Overview
7.3.2 Inventory and Order Management Market Revenue and Forecasts To 2030 (US$ Million)
7.4 Human Capital Management
7.4.1 Overview
7.4.2 Human Capital Management Market Revenue and Forecasts To 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecasts To 2030 (US$ Million)
8. Cloud ERP Market Analysis - Organization Size
8.1 Large Enterprises
8.1.1 Overview
8.1.2 Large Enterprises Market Revenue and Forecasts To 2030 (US$ Million)
8.2 SMEs
8.2.1 Overview
8.2.2 SMEs Market Revenue and Forecasts To 2030 (US$ Million)
9. Cloud ERP Market Analysis – Vertical
9.1 Manufacturing
9.1.1 Overview
9.1.2 Manufacturing Market Revenue and Forecasts To 2030 (US$ Million)
9.2 IT and Telecom
9.2.1 Overview
9.2.2 IT and Telecom Market Revenue and Forecasts To 2030 (US$ Million)
9.3 BFSI
9.3.1 Overview
9.3.2 BFSI Market Revenue and Forecasts To 2030 (US$ Million)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare Market Revenue and Forecasts To 2030 (US$ Million)
9.5 Retail
9.5.1 Overview
9.5.2 Retail Market Revenue and Forecasts To 2030 (US$ Million)
9.6 Government
9.6.1 Overview
9.6.2 Government Market Revenue and Forecasts To 2030 (US$ Million)
9.7 Aerospace and Defense
9.7.1 Overview
9.7.2 Aerospace and Defense Market Revenue and Forecasts To 2030 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others Market Revenue and Forecasts To 2030 (US$ Million)
10. Cloud ERP Market - Geographical Analysis
10.1 North America
10.1.1 North America Cloud ERP Market Overview
10.1.2 North America Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3 North America Cloud ERP Market Breakdown by Business Function
10.1.3.1 North America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
10.1.4 North America Cloud ERP Market Breakdown by Organization Size
10.1.4.1 North America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
10.1.5 North America Cloud ERP Market Breakdown by Vertical
10.1.5.1 North America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
10.1.6 North America Cloud ERP Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 US Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.1.1 US Cloud ERP Market Breakdown by Business Function
10.1.6.1.2 US Cloud ERP Market Breakdown by Organization Size
10.1.6.1.3 US Cloud ERP Market Breakdown by Vertical
10.1.6.2 Canada Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.2.1 Canada Cloud ERP Market Breakdown by Business Function
10.1.6.2.2 Canada Cloud ERP Market Breakdown by Organization Size
10.1.6.2.3 Canada Cloud ERP Market Breakdown by Vertical
10.1.6.3 Mexico Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.3.1 Mexico Cloud ERP Market Breakdown by Business Function
10.1.6.3.2 Mexico Cloud ERP Market Breakdown by Organization Size
10.1.6.3.3 Mexico Cloud ERP Market Breakdown by Vertical
10.2 Europe
10.2.1 Europe Cloud ERP Market Overview
10.2.2 Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.3 Europe Cloud ERP Market Breakdown by Business Function
10.2.3.1 Europe Cloud ERP Market Revenue and Forecasts and Analysis - By Business Function
10.2.4 Europe Cloud ERP Market Breakdown by Organization Size
10.2.4.1 Europe Cloud ERP Market Revenue and Forecasts and Analysis - By Organization Size
10.2.5 Europe Cloud ERP Market Breakdown by Vertical
10.2.5.1 Europe Cloud ERP Market Revenue and Forecasts and Analysis - By Vertical
10.2.6 Europe Cloud ERP Market Revenue and Forecasts and Analysis - By Countries
10.2.6.1 France Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.1.1 France Cloud ERP Market Breakdown by Business Function
10.2.6.1.2 France Cloud ERP Market Breakdown by Organization Size
10.2.6.1.3 France Cloud ERP Market Breakdown by Vertical
10.2.6.2 Germany Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.2.1 Germany Cloud ERP Market Breakdown by Business Function
10.2.6.2.2 Germany Cloud ERP Market Breakdown by Organization Size
10.2.6.2.3 Germany Cloud ERP Market Breakdown by Vertical
10.2.6.3 UK Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.3.1 UK Cloud ERP Market Breakdown by Business Function
10.2.6.3.2 UK Cloud ERP Market Breakdown by Organization Size
10.2.6.3.3 UK Cloud ERP Market Breakdown by Vertical
10.2.6.4 Italy Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.4.1 Italy Cloud ERP Market Breakdown by Business Function
10.2.6.4.2 Italy Cloud ERP Market Breakdown by Organization Size
10.2.6.4.3 Italy Cloud ERP Market Breakdown by Vertical
10.2.6.5 Russia Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.5.1 Russia Cloud ERP Market Breakdown by Business Function
10.2.6.5.2 a Cloud ERP Market Breakdown by Organization Size
10.2.6.5.3 Russia Cloud ERP Market Breakdown by Vertical
10.2.6.6 Rest of Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.6.1 Rest of Europe Cloud ERP Market Breakdown by Business Function
10.2.6.6.2 Rest of Europe Cloud ERP Market Breakdown by Organization Size
10.2.6.6.3 Rest of Europe Cloud ERP Market Breakdown by Vertical
10.3 Asia Pacific Cloud ERP Market
10.3.1 Overview
10.3.2 Asia Pacific Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million)
10.3.3 Asia Pacific Cloud ERP Market Breakdown by Business Function
10.3.3.1 Asia Pacific Cloud ERP Market Revenue and Forecasts and Analysis - By Business Function
10.3.4 Asia Pacific Cloud ERP Market Breakdown by Organization Size
10.3.4.1 Asia Pacific Cloud ERP Market Revenue and Forecasts and Analysis - By Organization Size
10.3.5 Asia Pacific Cloud ERP Market Breakdown by Vertical
10.3.5.1 Asia Pacific Cloud ERP Market Revenue and Forecasts and Analysis - By Vertical
10.3.6 Cloud ERP market Breakdown by Countries
10.3.6.1 Australia Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.1.1 Australia Cloud ERP Market Breakdown by Business Function
10.3.6.1.2 Australia Cloud ERP Market Breakdown by Organization Size
10.3.6.1.3 Australia Cloud ERP Market Breakdown by Vertical
10.3.6.2 China Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.2.1 China Cloud ERP Market Breakdown by Business Function
10.3.6.2.2 China Cloud ERP Market Breakdown by Organization Size
10.3.6.2.3 China Cloud ERP Market Breakdown by Vertical
10.3.6.3 India Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.3.1 India Cloud ERP Market Breakdown by Business Function
10.3.6.3.2 India Cloud ERP Market Breakdown by Organization Size
10.3.6.3.3 India Cloud ERP Market Breakdown by Vertical
10.3.6.4 Japan Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.4.1 Japan Cloud ERP Market Breakdown by Business Function
10.3.6.4.2 Japan Cloud ERP Market Breakdown by Organization Size
10.3.6.4.3 Japan Cloud ERP Market Breakdown by Vertical
10.3.6.5 South Korea Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.5.1 South Korea Cloud ERP Market Breakdown by Business Function
10.3.6.5.2 South Korea Cloud ERP Market Breakdown by Organization Size
10.3.6.5.3 South Korea Cloud ERP Market Breakdown by Vertical
10.3.6.6 Rest of Asia Pacific Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.3.6.6.1 Rest of Asia Pacific Cloud ERP Market Breakdown by Business Function
10.3.6.6.2 Rest of Asia Pacific Cloud ERP Market Breakdown by Organization Size
10.3.6.6.3 Rest of Asia Pacific Cloud ERP Market Breakdown by Vertical
10.4 Middle East & Africa
10.4.1 Middle East & Africa Cloud ERP Market Overview
10.4.2 Middle East & Africa Cloud ERP Market Revenue and Forecasts to 2030 (US$ Million)
10.4.3 Middle East & Africa Cloud ERP Market Breakdown by Business Function
10.4.3.1 Middle East & Africa Cloud ERP Market and Forecasts and Analysis - By Business Function
10.4.4 Middle East & Africa Cloud ERP Market Breakdown by Organization Size
10.4.4.1 Middle East & Africa Cloud ERP Market and Forecasts and Analysis - By Organization Size
10.4.5 Middle East & Africa Cloud ERP Market Breakdown by Vertical
10.4.5.1 Middle East & Africa Cloud ERP Market and Forecasts and Analysis - By Vertical
10.4.6 Middle East & Africa Cloud ERP Market Revenue and Forecasts and Analysis - By Countries
10.4.6.1 South Africa Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.1.1 South Africa Cloud ERP Market Breakdown by Business Function
10.4.6.1.2 South Africa Cloud ERP Market Breakdown by Organization Size
10.4.6.1.3 South Africa Cloud ERP Market Breakdown by Vertical
10.4.6.2 Saudi Arabia Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.2.1 Saudi Arabia Cloud ERP Market Breakdown by Business Function
10.4.6.2.2 Saudi Arabia Cloud ERP Market Breakdown by Organization Size
10.4.6.2.3 Saudi Arabia Cloud ERP Market Breakdown by Vertical
10.4.6.3 UAE Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.3.1 UAE Cloud ERP Market Breakdown by Business Function
10.4.6.3.2 UAE Cloud ERP Market Breakdown by Organization Size
10.4.6.3.3 UAE Cloud ERP Market Breakdown by Vertical
10.4.6.4 Rest of Middle East & Africa Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.4.6.4.1 Rest of Middle East & Africa Cloud ERP Market Breakdown by Business Function
10.4.6.4.2 Rest of Middle East & Africa Cloud ERP Market Breakdown by Organization Size
10.4.6.4.3 Rest of Middle East & Africa Cloud ERP Market Breakdown by Vertical
10.5 South & Central America
10.5.1 South & Central America Cloud ERP Market Overview
10.5.2 South & Central America Cloud ERP Market Revenue and Forecasts to 2030 (US$ Million)
10.5.3 South & Central America Cloud ERP Market Breakdown by Business Function
10.5.3.1 South & Central America Cloud ERP Market and Forecasts and Analysis - By Business Function
10.5.4 South & Central America Cloud ERP Market Breakdown by Organization Size
10.5.4.1 South & Central America Cloud ERP Market Revenue and Forecasts and Analysis - By Organization Size
10.5.5 South & Central America Cloud ERP Market Breakdown by Vertical
10.5.5.1 South & Central America Cloud ERP Market Revenue and Forecasts and Analysis - By Vertical
10.5.6 South & Central America Cloud ERP Market Revenue and Forecasts and Analysis - By Countries
10.5.6.1 Brazil Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.1.1 Brazil Cloud ERP Market Breakdown by Business Function
10.5.6.1.2 Brazil Cloud ERP Market Breakdown by Organization Size
10.5.6.1.3 Brazil Cloud ERP Market Breakdown by Vertical
10.5.6.2 Argentina Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.2.1 Argentina Cloud ERP Market Breakdown by Business Function
10.5.6.2.2 Argentina Cloud ERP Market Breakdown by Organization Size
10.5.6.2.3 Argentina Cloud ERP Market Breakdown by Vertical
10.5.6.3 Rest of South & Central America Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.5.6.3.1 Rest of South & Central America Cloud ERP Market Breakdown by Business Function
10.5.6.3.2 Rest of South & Central America Cloud ERP Market Breakdown by Organization Size
10.5.6.3.3 Rest of South & Central America Cloud ERP Market Breakdown by Vertical
11. Cloud ERP Market – Impact of COVID-19 Pandemic
11.1 Pre & Post Covid-19 Impact
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product Development
13.4 Mergers & Acquisitions
14. Company Profiles
14.1 ACUMATICA, INC
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 INFOR INC
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 MICROSOFT CORP
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 ORACLE CORP
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 SAGE GROUP PLC
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 SAP SE
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 WORKDAY INC
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 SYSPRO PROPRIETARY LTD
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 EPICOR SOFTWARE CORP
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 UNIT4 GROUP HOLDING BV
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 Word Index
List of Tables
Table 1. Cloud ERP Market Segmentation
Table 2. Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million) – Business Function
Table 4. Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million) – Organization Size
Table 5. Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million) – Vertical
Table 6. North America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 7. North America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 8. North America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 9. North America Cloud ERP Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 10. US Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 11. US Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 12. US Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 13. Canada Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 14. Canada Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 15. Canada Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 16. Mexico Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 17. Mexico Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 18. Mexico Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 19. Europe Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 20. Europe Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 21. Europe Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 22. Europe Cloud ERP Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 23. France Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 24. France Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 25. France Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 26. Germany Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 27. Germany Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 28. Germany Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 29. UK Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 30. UK Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 31. UK Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 32. Italy Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 33. Italy Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 34. Italy Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 35. Russia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 36. Russia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 37. Russia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 38. Rest of Europe Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 39. Rest of Europe Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 40. Rest of Europe Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 41. Asia Pacific Cloud ERP Market Revenue And Forecasts To 2030 (US$ Million) – Business Function
Table 42. Asia Pacific Cloud ERP Market Revenue And Forecasts To 2030 (US$ Million) – Organization Size
Table 43. Asia Pacific Cloud ERP Market Revenue And Forecasts To 2030 (US$ Million) – Vertical
Table 44. Asia Pacific Cloud ERP Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 45. Australia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 46. Australia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 47. Australia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 48. China Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 49. China Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 50. China Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 51. India Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 52. India Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 53. India Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 54. Japan Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 55. Japan Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 56. Japan Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 57. South Korea Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 58. South Korea Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 59. South Korea Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 60. Rest of Asia Pacific Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 61. Rest of Asia Pacific Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 62. Rest of Asia Pacific Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 63. Middle East & Africa Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million) – By Business Function
Table 64. Middle East & Africa Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million) – By Organization Size
Table 65. Middle East & Africa Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million) – By Vertical
Table 66. Middle East and Africa Cloud ERP Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 67. South Africa Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 68. South Africa Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 69. South Africa Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 70. Saudi Arabia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 71. Saudi Arabia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 72. Saudi Arabia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 73. UAE Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 74. UAE Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 75. UAE Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 76. Rest of Middle East & Africa Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 77. Rest of Middle East & Africa Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 78. Rest of Middle East & Africa Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 79. South & Central America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million) – By Business Function
Table 80. South & Central America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million) – By Organization Size
Table 81. South & Central America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million) – By Vertical
Table 82. South and Central America Cloud ERP Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 83. Brazil Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 84. Brazil Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 85. Brazil Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 86. Argentina Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 87. Argentina Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 88. Argentina Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 89. Rest of South & Central America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Business Function
Table 90. Rest of South & Central America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Organization Size
Table 91. Rest of South & Central America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn) – By Vertical
Table 92. Company Positioning & Concentration
Table 93. List of Abbreviation
List of Figures
Figure 1. Cloud ERP Market Segmentation, By Geography
Figure 2. Global– PEST Analysis
Figure 3. Ecosystem: Cloud ERP Market
Figure 4. Cloud ERP Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. 6.2 Cloud ERP Market Breakdown by Geography, 2022 and 2030 (%)
Figure 7. Cloud ERP Market Revenue (US$ Million), 2022 & 2030
Figure 8. Cloud ERP Market Share (%) – Business Function, 2022 and 2030
Figure 9. Finance and Accounting Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Sales and Marketing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Inventory and Order Management Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Human Capital Management Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Cloud ERP Market Share (%) – Organization Size, 2022 and 2030
Figure 15. Large Enterprises Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. SMEs Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Cloud ERP Market Share (%) – Vertical, 2022 and 2030
Figure 18. Manufacturing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. IT and Telecom Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. BFSI Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Healthcare Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Retail Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Government Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Aerospace and Defense Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Cloud ERP Market Revenue Share, By Region (2022 & 2030)
Figure 27. Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. Cloud ERP Market Breakdown by Business Function (2022 and 2030)
Figure 29. Cloud ERP market Breakdown by Organization Size, 2022 and 2030 (%)
Figure 30. Cloud ERP market Breakdown by Vertical, 2022 and 2030 (%)
Figure 31. Cloud ERP market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 32. US Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 33. Canada Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 34. Mexico Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 35. Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 36. Cloud ERP Market Breakdown by Business Function (2022 and 2030)
Figure 37. Cloud ERP Market Breakdown by Organization Size (2022 and 2030)
Figure 38. Cloud ERP Market Breakdown by Vertical (2022 and 2030)
Figure 39. Cloud ERP market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 40. France Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 41. Germany Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 42. UK Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 43. Italy Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 44. Russia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 45. Rest of Europe Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 46. Asia Pacific Cloud ERP Market Revenue And Forecasts To 2030 (US$ Million)
Figure 47. Asia Pacific Cloud ERP Market Breakdown by Business Function (2022 and 2023)
Figure 48. Asia Pacific Cloud ERP Market Breakdown by Organization Size (2022 and 2023)
Figure 49. Asia Pacific Cloud ERP Market Breakdown by Vertical (2022 and 2023)
Figure 50. Asia Pacific Cloud ERP Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 51. Australia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 52. China Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 53. India Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 54. Japan Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 55. South Korea Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 56. Rest of Asia Pacific Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 57. Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million)
Figure 58. Middle East & Africa Cloud ERP Market Breakdown by Business Function (2022 and 2023)
Figure 59. Middle East & Africa Cloud ERP Market Breakdown by Organization Size (2022 and 2023)
Figure 60. Middle East & Africa Cloud ERP Market Breakdown by Vertical (2022 and 2023)
Figure 61. Cloud ERP Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 62. South Africa Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 63. Saudi Arabia Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 64. UAE Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 65. Rest of Middle East & Africa Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 66. Cloud ERP Market Revenue and Forecasts To 2030 (US$ Million)
Figure 67. South & Central America Cloud ERP Market Breakdown by Business Function (2022 and 2023)
Figure 68. South & Central America Cloud ERP Market Breakdown by Organization Size (2022 and 2023)
Figure 69. South & Central America Cloud ERP Market Breakdown by Vertical (2022 and 2023)
Figure 70. Cloud ERP Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 71. Brazil Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 72. Argentina Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 73. Rest of South & Central America Cloud ERP Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 74. Heat Map Analysis By Key Players
The List of Compnies - Cloud ERP Market
- Acumatica Inc
- Infor Inc
- Microsoft Corp
- Oracle Corp
- Sage Group Plc
- SAP SE
- Workday Inc
- SYSPRO Proprietary Ltd
- Epicor Software Corp
- Unit4 Group Holding BV
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.