Enterprise Resource Planning Software Market
PUBLISHED: 2023 ID: SMRC22849
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Enterprise Resource Planning Software Market

Enterprise Resource Planning Software Market Forecasts to 2028 - Global Analysis By Enterprise size (Small Enterprises, Medium Enterprises and Large Enterprises), Deployment (Cloud and On-premises), Function (Supply Chain Management, Customer Management, Financial Management, Inventory & Work Order Management, Human Capital Management and Other Functions), End Userand By Geography

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4.6 (50 reviews)
Published: 2023 ID: SMRC22849

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $54.76 BN

Projected Year Value (2028)

US $114.01 BN

CAGR (2022 - 2028)

13.0%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global Enterprise Resource Planning Software Market is accounted for $54.76 billion in 2022 and is expected to reach $114.01 billion by 2028 growing at a CAGR of 13.0% during the forecast period. Enterprise resource planning (ERP) software is used by enterprises to manage daily business activities such as procurement, risk management, accounting, supply chain operations, and project management. It is an integrated platform that provides a variety of company tasks such as financial management, human resource management, supply chain management, customer management, inventory and work order management, and others. ERP software incorporates enterprise performance management, which assists firms in planning, predicting, budgeting, and reporting their annual/financial results.

According to the IDC report for 2020, the global digital transformation investment reached USD 1.5 trillion owing to a surge in investments by SMEs and large-scale organizations.



Market Dynamics:

Driver:

Increasing need for digitization and automation

The global ERP software market is expected to expand due to the increasing commercial need for digitization and automation in corporate operations. A company's resources must be employed efficiently in order for it to run successfully. Digitization increases firm productivity because automated procedures are faster and more efficient. They are less prone to errors, saving the company resources and time that can be used on other vital activities.

Restraint:

High cost

ERP software is quite expensive in terms of installation, implementation, and maintenance. The expense may force small and medium-sized businesses to stretch their authorised budget, which may not be feasible for all businesses. Furthermore, ERP software programmes want outside aid in order to fully comprehend corporate functions. This could result in additional costs, rendering the entire system ineffective. In addition, a lack of understanding, a lack of experienced staff to assist organisations in navigating change, and employee unwillingness to adapt to new processes are all problems that could impede expansion.

Opportunity:

Emerging economies

The global ERP market might benefit from the growth potential offered by emerging nations that are quickly commercialising and industrialising. Modern-day entrepreneurs are willing to invest more in technological systems that provide them more time to focus on vital activities and allow them to delegate certain operations to technical systems such as ERP software. If existing or new companies can gain the trust of rising entrepreneurs or firms in Latin America and Asia-Pacific, these regions could yield more revenue.

Threat:

Growing competition

The global sector is highly competitive due to the rapid increase in the number of companies, particularly from growing economies like China and India. These countries are registering a large number of information technology (IT) specialists who are branching out on their own to tap into the high-potential sector. This might lead to fierce competition among market players of all sizes, making it harder for merchants to separate out from the crowd and attract more customers.

Covid-19 Impact

The COVID-19 pandemic has resulted in a succession of lockdowns and self-quarantine restrictions, which have resulted in closures, supply chain problems, and worker unavailability. Such variables had a significant impact on different corporate sectors around the world, ranging from electronics to automobile manufacturing. However, ERP software solutions enabled businesses to operate remotely during the pandemic, which will boost the global ERP industry's growth in the next years.

The large enterprises segment is expected to be the largest during the forecast period

The large enterprises segment is estimated to have a lucrative growth. One of the primary drivers driving the segment's growth is the increasing necessity of large organisations to maintain and align complex operations such as production planning, inventory management, procurement, order fulfilment, and shipping, among others. Furthermore, the considerable spending capacity of large-sized organisations for integrating current technology and software solutions accelerates market acceptance of cloud-based ERP software.

The cloud segment is expected to have the highest CAGR during the forecast period

The cloud segment is anticipated to witness the highest CAGR growth during the forecast period. The cloud implementation of ERP software allows a corporation to benefit from immediacy, efficiency, optimisation of resource planning activities, scalability, and accessibility. Cloud systems assist organisations by enabling speedier implementation and lower initial investments. Furthermore, increasing the usage of connected devices that effectively manage business operations and provide real-time insights allows business owners to choose for cloud-based ERP solutions to process abundant data efficiently is expected to fuel segment expansion.

Region with highest share:

North America is projected to hold the largest market share during the forecast period. The substantial share of this region is primarily due to the increasing adoption of ERP software by small and medium-sized businesses, increased investments by ERP providers in software development with cutting-edge technology, and the existence of several market competitors. Furthermore, the use of ERP software with mobile devices is likely to drive demand during the projection period.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period due to the booming manufacturing sector and growing small and medium enterprises. Many businesses in the region have already deployed on-premise ERP solutions to increase their efficiency and performance. Furthermore, the growing number of start-ups and their increasing demand for cloud-based solutions is expected to drive market growth. Furthermore, government support for constructing IT infrastructure is likely to boost demand over the forecast period.



Key players in the market

Some of the key players profiled in the Enterprise Resource Planning Software Market include SAP SE, Microsoft Corporation, Epicor Software Corporation, International Business Machines Corporation, Hewlett-Packard Development Company, L.P., Sage Group, plc, Infor Inc., Unit4, NetSuite Inc., Oracle Corporation, Deltek, Workday, Inc., NetSuite Inc. and Acumatica, Inc.

Key Developments:

In July 2022, Infor collaborated with Syntellis, a supplier of enterprise resource solutions, to assist healthcare consumers in accessing Syntellis Axiom Healthcare Suite. This suite offers EPM tools with data-driven insights for enhancing the company’s operations.

In February 2022, SAP SE and IBM Corporation partnered to shift their enterprise resource planning (ERP) to the cloud. With this partnership, IBM offered SAP consumers SAP S/4HANA on the IBM cloud. SAP S/4HANA is an ERP solution for many organizations.

In November 2021, Oracle Corporation declared to aid Honda Motor in improving its procurement operations with Oracle Fusion Cloud ERP, in Japan. Four thousand suppliers and 25,000 employees utilize the Oracle Fusion cloud procurement platform.

In October 2021, Microsoft Corporation purchased Clear Software Business Process Solutions to enhance ERP software for automating business workflows.

In January 2021, SAP SE purchased Signavio GmbH, a process management and business intelligence provider. This acquisition of Signavio by SAP business process intelligence unit aids in improving and transforming the organization's business processes at scale.

Enterprise sizes Covered:
• Small Enterprises
• Medium Enterprises
• Large Enterprises

Deployments Covered:
• Cloud
• On-premises

Functions Covered:
• Supply Chain Management
• Customer Management
• Financial Management
• Inventory & Work Order Management
• Human Capital Management
• Other Functions

End Users Covered:
• Aerospace & Defense
• Healthcare
• Telecom
• Manufacturing
• Government
• Retail
• BFSI
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Enterprise Resource Planning Software Market, By Enterprise size
5.1 Introduction
5.2 Small Enterprises
5.3 Medium Enterprises
5.4 Large Enterprises

6 Global Enterprise Resource Planning Software Market, By Deployment
6.1 Introduction
6.2 Cloud
6.3 On-premises

7 Global Enterprise Resource Planning Software Market, By Function
7.1 Introduction
7.2 Supply Chain Management
7.3 Customer Management
7.4 Financial Management
7.5 Inventory & Work Order Management
7.6 Human Capital Management
7.7 Other Functions

8 Global Enterprise Resource Planning Software Market, By End User
8.1 Introduction
8.2 Aerospace & Defense
8.3 Healthcare
8.4 Telecom
8.5 Manufacturing
8.6 Government
8.7 Retail
8.8 BFSI
8.9 Other End Users

9 Global Enterprise Resource Planning Software Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa

10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 Company Profiling
11.1 SAP SE
11.2 Microsoft Corporation
11.3 Epicor Software Corporation
11.4 International Business Machines Corporation
11.5 Hewlett-Packard Development Company, L.P.
11.6 Sage Group, plc
11.7 Infor Inc.
11.8 Unit4
11.9 NetSuite Inc.
11.10 Oracle Corporation
11.11 Deltek
11.12 Workday, Inc.
11.13 NetSuite Inc.
11.14 Acumatica, Inc.

List of Tables
1 Global Enterprise Resource Planning Software Market Outlook, By Region (2020-2028) ($MN)
2 Global Enterprise Resource Planning Software Market Outlook, By Enterprise size (2020-2028) ($MN)
3 Global Enterprise Resource Planning Software Market Outlook, By Small Enterprises (2020-2028) ($MN)
4 Global Enterprise Resource Planning Software Market Outlook, By Medium Enterprises (2020-2028) ($MN)
5 Global Enterprise Resource Planning Software Market Outlook, By Large Enterprises (2020-2028) ($MN)
6 Global Enterprise Resource Planning Software Market Outlook, By Deployment (2020-2028) ($MN)
7 Global Enterprise Resource Planning Software Market Outlook, By Cloud (2020-2028) ($MN)
8 Global Enterprise Resource Planning Software Market Outlook, By On-premises (2020-2028) ($MN)
9 Global Enterprise Resource Planning Software Market Outlook, By Function (2020-2028) ($MN)
10 Global Enterprise Resource Planning Software Market Outlook, By Supply Chain Management (2020-2028) ($MN)
11 Global Enterprise Resource Planning Software Market Outlook, By Customer Management (2020-2028) ($MN)
12 Global Enterprise Resource Planning Software Market Outlook, By Financial Management (2020-2028) ($MN)
13 Global Enterprise Resource Planning Software Market Outlook, By Inventory & Work Order Management (2020-2028) ($MN)
14 Global Enterprise Resource Planning Software Market Outlook, By Human Capital Management (2020-2028) ($MN)
15 Global Enterprise Resource Planning Software Market Outlook, By Other Functions (2020-2028) ($MN)
16 Global Enterprise Resource Planning Software Market Outlook, By End User (2020-2028) ($MN)
17 Global Enterprise Resource Planning Software Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
18 Global Enterprise Resource Planning Software Market Outlook, By Healthcare (2020-2028) ($MN)
19 Global Enterprise Resource Planning Software Market Outlook, By Telecom (2020-2028) ($MN)
20 Global Enterprise Resource Planning Software Market Outlook, By Manufacturing (2020-2028) ($MN)
21 Global Enterprise Resource Planning Software Market Outlook, By Government (2020-2028) ($MN)
22 Global Enterprise Resource Planning Software Market Outlook, By Retail (2020-2028) ($MN)
23 Global Enterprise Resource Planning Software Market Outlook, By BFSI (2020-2028) ($MN)
24 Global Enterprise Resource Planning Software Market Outlook, By Other End Users (2020-2028) ($MN)
25 North America Enterprise Resource Planning Software Market Outlook, By Country (2020-2028) ($MN)
26 North America Enterprise Resource Planning Software Market Outlook, By Enterprise size (2020-2028) ($MN)
27 North America Enterprise Resource Planning Software Market Outlook, By Small Enterprises (2020-2028) ($MN)
28 North America Enterprise Resource Planning Software Market Outlook, By Medium Enterprises (2020-2028) ($MN)
29 North America Enterprise Resource Planning Software Market Outlook, By Large Enterprises (2020-2028) ($MN)
30 North America Enterprise Resource Planning Software Market Outlook, By Deployment (2020-2028) ($MN)
31 North America Enterprise Resource Planning Software Market Outlook, By Cloud (2020-2028) ($MN)
32 North America Enterprise Resource Planning Software Market Outlook, By On-premises (2020-2028) ($MN)
33 North America Enterprise Resource Planning Software Market Outlook, By Function (2020-2028) ($MN)
34 North America Enterprise Resource Planning Software Market Outlook, By Supply Chain Management (2020-2028) ($MN)
35 North America Enterprise Resource Planning Software Market Outlook, By Customer Management (2020-2028) ($MN)
36 North America Enterprise Resource Planning Software Market Outlook, By Financial Management (2020-2028) ($MN)
37 North America Enterprise Resource Planning Software Market Outlook, By Inventory & Work Order Management (2020-2028) ($MN)
38 North America Enterprise Resource Planning Software Market Outlook, By Human Capital Management (2020-2028) ($MN)
39 North America Enterprise Resource Planning Software Market Outlook, By Other Functions (2020-2028) ($MN)
40 North America Enterprise Resource Planning Software Market Outlook, By End User (2020-2028) ($MN)
41 North America Enterprise Resource Planning Software Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
42 North America Enterprise Resource Planning Software Market Outlook, By Healthcare (2020-2028) ($MN)
43 North America Enterprise Resource Planning Software Market Outlook, By Telecom (2020-2028) ($MN)
44 North America Enterprise Resource Planning Software Market Outlook, By Manufacturing (2020-2028) ($MN)
45 North America Enterprise Resource Planning Software Market Outlook, By Government (2020-2028) ($MN)
46 North America Enterprise Resource Planning Software Market Outlook, By Retail (2020-2028) ($MN)
47 North America Enterprise Resource Planning Software Market Outlook, By BFSI (2020-2028) ($MN)
48 North America Enterprise Resource Planning Software Market Outlook, By Other End Users (2020-2028) ($MN)
49 Europe Enterprise Resource Planning Software Market Outlook, By Country (2020-2028) ($MN)
50 Europe Enterprise Resource Planning Software Market Outlook, By Enterprise size (2020-2028) ($MN)
51 Europe Enterprise Resource Planning Software Market Outlook, By Small Enterprises (2020-2028) ($MN)
52 Europe Enterprise Resource Planning Software Market Outlook, By Medium Enterprises (2020-2028) ($MN)
53 Europe Enterprise Resource Planning Software Market Outlook, By Large Enterprises (2020-2028) ($MN)
54 Europe Enterprise Resource Planning Software Market Outlook, By Deployment (2020-2028) ($MN)
55 Europe Enterprise Resource Planning Software Market Outlook, By Cloud (2020-2028) ($MN)
56 Europe Enterprise Resource Planning Software Market Outlook, By On-premises (2020-2028) ($MN)
57 Europe Enterprise Resource Planning Software Market Outlook, By Function (2020-2028) ($MN)
58 Europe Enterprise Resource Planning Software Market Outlook, By Supply Chain Management (2020-2028) ($MN)
59 Europe Enterprise Resource Planning Software Market Outlook, By Customer Management (2020-2028) ($MN)
60 Europe Enterprise Resource Planning Software Market Outlook, By Financial Management (2020-2028) ($MN)
61 Europe Enterprise Resource Planning Software Market Outlook, By Inventory & Work Order Management (2020-2028) ($MN)
62 Europe Enterprise Resource Planning Software Market Outlook, By Human Capital Management (2020-2028) ($MN)
63 Europe Enterprise Resource Planning Software Market Outlook, By Other Functions (2020-2028) ($MN)
64 Europe Enterprise Resource Planning Software Market Outlook, By End User (2020-2028) ($MN)
65 Europe Enterprise Resource Planning Software Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
66 Europe Enterprise Resource Planning Software Market Outlook, By Healthcare (2020-2028) ($MN)
67 Europe Enterprise Resource Planning Software Market Outlook, By Telecom (2020-2028) ($MN)
68 Europe Enterprise Resource Planning Software Market Outlook, By Manufacturing (2020-2028) ($MN)
69 Europe Enterprise Resource Planning Software Market Outlook, By Government (2020-2028) ($MN)
70 Europe Enterprise Resource Planning Software Market Outlook, By Retail (2020-2028) ($MN)
71 Europe Enterprise Resource Planning Software Market Outlook, By BFSI (2020-2028) ($MN)
72 Europe Enterprise Resource Planning Software Market Outlook, By Other End Users (2020-2028) ($MN)
73 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Country (2020-2028) ($MN)
74 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Enterprise size (2020-2028) ($MN)
75 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Small Enterprises (2020-2028) ($MN)
76 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Medium Enterprises (2020-2028) ($MN)
77 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Large Enterprises (2020-2028) ($MN)
78 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Deployment (2020-2028) ($MN)
79 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Cloud (2020-2028) ($MN)
80 Asia Pacific Enterprise Resource Planning Software Market Outlook, By On-premises (2020-2028) ($MN)
81 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Function (2020-2028) ($MN)
82 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Supply Chain Management (2020-2028) ($MN)
83 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Customer Management (2020-2028) ($MN)
84 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Financial Management (2020-2028) ($MN)
85 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Inventory & Work Order Management (2020-2028) ($MN)
86 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Human Capital Management (2020-2028) ($MN)
87 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Other Functions (2020-2028) ($MN)
88 Asia Pacific Enterprise Resource Planning Software Market Outlook, By End User (2020-2028) ($MN)
89 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
90 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Healthcare (2020-2028) ($MN)
91 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Telecom (2020-2028) ($MN)
92 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Manufacturing (2020-2028) ($MN)
93 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Government (2020-2028) ($MN)
94 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Retail (2020-2028) ($MN)
95 Asia Pacific Enterprise Resource Planning Software Market Outlook, By BFSI (2020-2028) ($MN)
96 Asia Pacific Enterprise Resource Planning Software Market Outlook, By Other End Users (2020-2028) ($MN)
97 South America Enterprise Resource Planning Software Market Outlook, By Country (2020-2028) ($MN)
98 South America Enterprise Resource Planning Software Market Outlook, By Enterprise size (2020-2028) ($MN)
99 South America Enterprise Resource Planning Software Market Outlook, By Small Enterprises (2020-2028) ($MN)
100 South America Enterprise Resource Planning Software Market Outlook, By Medium Enterprises (2020-2028) ($MN)
101 South America Enterprise Resource Planning Software Market Outlook, By Large Enterprises (2020-2028) ($MN)
102 South America Enterprise Resource Planning Software Market Outlook, By Deployment (2020-2028) ($MN)
103 South America Enterprise Resource Planning Software Market Outlook, By Cloud (2020-2028) ($MN)
104 South America Enterprise Resource Planning Software Market Outlook, By On-premises (2020-2028) ($MN)
105 South America Enterprise Resource Planning Software Market Outlook, By Function (2020-2028) ($MN)
106 South America Enterprise Resource Planning Software Market Outlook, By Supply Chain Management (2020-2028) ($MN)
107 South America Enterprise Resource Planning Software Market Outlook, By Customer Management (2020-2028) ($MN)
108 South America Enterprise Resource Planning Software Market Outlook, By Financial Management (2020-2028) ($MN)
109 South America Enterprise Resource Planning Software Market Outlook, By Inventory & Work Order Management (2020-2028) ($MN)
110 South America Enterprise Resource Planning Software Market Outlook, By Human Capital Management (2020-2028) ($MN)
111 South America Enterprise Resource Planning Software Market Outlook, By Other Functions (2020-2028) ($MN)
112 South America Enterprise Resource Planning Software Market Outlook, By End User (2020-2028) ($MN)
113 South America Enterprise Resource Planning Software Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
114 South America Enterprise Resource Planning Software Market Outlook, By Healthcare (2020-2028) ($MN)
115 South America Enterprise Resource Planning Software Market Outlook, By Telecom (2020-2028) ($MN)
116 South America Enterprise Resource Planning Software Market Outlook, By Manufacturing (2020-2028) ($MN)
117 South America Enterprise Resource Planning Software Market Outlook, By Government (2020-2028) ($MN)
118 South America Enterprise Resource Planning Software Market Outlook, By Retail (2020-2028) ($MN)
119 South America Enterprise Resource Planning Software Market Outlook, By BFSI (2020-2028) ($MN)
120 South America Enterprise Resource Planning Software Market Outlook, By Other End Users (2020-2028) ($MN)
121 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Country (2020-2028) ($MN)
122 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Enterprise size (2020-2028) ($MN)
123 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Small Enterprises (2020-2028) ($MN)
124 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Medium Enterprises (2020-2028) ($MN)
125 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Large Enterprises (2020-2028) ($MN)
126 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Deployment (2020-2028) ($MN)
127 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Cloud (2020-2028) ($MN)
128 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By On-premises (2020-2028) ($MN)
129 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Function (2020-2028) ($MN)
130 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Supply Chain Management (2020-2028) ($MN)
131 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Customer Management (2020-2028) ($MN)
132 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Financial Management (2020-2028) ($MN)
133 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Inventory & Work Order Management (2020-2028) ($MN)
134 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Human Capital Management (2020-2028) ($MN)
135 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Other Functions (2020-2028) ($MN)
136 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By End User (2020-2028) ($MN)
137 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
138 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Healthcare (2020-2028) ($MN)
139 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Telecom (2020-2028) ($MN)
140 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Manufacturing (2020-2028) ($MN)
141 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Government (2020-2028) ($MN)
142 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Retail (2020-2028) ($MN)
143 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By BFSI (2020-2028) ($MN)
144 Middle East & Africa Enterprise Resource Planning Software Market Outlook, By Other End Users (2020-2028) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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