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Cloud ERP Market by Component, Function, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2021

This Report provided by GrandResearchStore is about, the cloud Enterprise Resource Planning (ERP) market size is estimated to grow from USD 18.52 billion in 2016 to USD 29.84 billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 10.0%. The cloud ERP market is driven by factors, such as, increasing need for creating efficiency across the enterprise and elimination of inefficient processes & data redundancy, along with a rising demand for ERP solutions and services from Small and Medium Enterprises (SMEs).

This Report provided by GrandResearchStore is about, the cloud Enterprise Resource Planning (ERP) market size is estimated to grow from USD 18.52 billion in 2016 to USD 29.84 billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 10.0%. The cloud ERP market is driven by factors, such as, increasing need for creating efficiency across the enterprise and elimination of inefficient processes & data redundancy, along with a rising demand for ERP solutions and services from Small and Medium Enterprises (SMEs).

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<strong>Cloud</strong> <strong>ERP</strong> <strong>Market</strong> <strong>by</strong> <strong>Component</strong> (Solutions <strong>and</strong> Services),<br />

<strong>Function</strong> (Finance, <strong>Market</strong>ing, Sales, Operations, <strong>and</strong><br />

Human Resource), <strong>Deployment</strong> <strong>Mode</strong> (Public, Private, <strong>and</strong><br />

Hybrid), <strong>Organization</strong> <strong>Size</strong>, <strong>Vertical</strong>, <strong>and</strong> <strong>Region</strong> - <strong>Global</strong><br />

<strong>Forecast</strong> <strong>to</strong> <strong>2021</strong><br />

Published On : December 2016<br />

Category : ICT Media<br />

Pages : 173 pages<br />

Contact : International : (+1) 646 781 7170 help@gr<strong>and</strong>researchs<strong>to</strong>re.com<br />

Report Description:<br />

“An increasing need for business process efficiency <strong>and</strong> transparency will drive the cloud<br />

<strong>ERP</strong> market”<br />

The cloud Enterprise Resource Planning (<strong>ERP</strong>) market size is estimated <strong>to</strong> grow from USD<br />

18.52 billion in 2016 <strong>to</strong> USD 29.84 billion <strong>by</strong> <strong>2021</strong>, at an estimated Compound Annual<br />

Growth Rate (CAGR) of 10.0%. The cloud <strong>ERP</strong> market is driven <strong>by</strong> fac<strong>to</strong>rs, such as,<br />

increasing need for creating efficiency across the enterprise <strong>and</strong> elimination of inefficient<br />

processes & data redundancy, along with a rising dem<strong>and</strong> for <strong>ERP</strong> solutions <strong>and</strong> services<br />

from Small <strong>and</strong> Medium Enterprises (SMEs). However, increased operational costs <strong>and</strong><br />

availability of open source cloud <strong>ERP</strong> solutions limit the growth of the market.<br />

“The managed services segment is expected <strong>to</strong> grow at the highest CAGR during the<br />

forecast period”<br />

<strong>Organization</strong>s are rapidly growing their partnership networks <strong>to</strong> deploy such cloud <strong>ERP</strong><br />

solutions across the globe. Thus, the managed services segment is expected <strong>to</strong> grow at the<br />

highest CAGR during the forecast period. However, the professional services segment is<br />

expected <strong>to</strong> have the largest market size in 2016.


“The finance function segment is expected <strong>to</strong> grow at the highest CAGR during the forecast<br />

period”<br />

The finance cloud <strong>ERP</strong> function segment is estimated <strong>to</strong> grow at the highest CAGR during<br />

the forecast period, due <strong>to</strong> the increased adoption of such solutions & services in financial<br />

accounting, assets management, investments, <strong>and</strong> cash flow management activities. The<br />

operations <strong>ERP</strong> function segment will have the largest market size in 2016, owing <strong>to</strong> an<br />

increasing dem<strong>and</strong> from manufacturing <strong>and</strong> related end-users.<br />

“Asia-Pacific (APAC) is expected <strong>to</strong> have the highest growth rate during the forecast period”<br />

APAC includes emerging economies, such as China, Japan, <strong>and</strong> India, along with countries<br />

from the South East Asia, which are rapidly transforming in<strong>to</strong> business hubs with the<br />

regional expansion of global enterprises <strong>and</strong> the emergence of large number of SMEs. APAC<br />

is expected <strong>to</strong> grow at the highest CAGR during the forecast period. This is primarily due <strong>to</strong><br />

increasing awarness <strong>and</strong> adoption of such solutions <strong>and</strong> services amongst enterprises,<br />

operating across various industry verticals in the region. Furthermore, North America is<br />

expected <strong>to</strong> have the largest market size in 2016.<br />

In-depth interviews were conducted with CEOs, marketing direc<strong>to</strong>rs, other innovation &<br />

technology direc<strong>to</strong>rs, <strong>and</strong> executives from various key organizations operating in the cloud<br />

<strong>ERP</strong> market place.<br />

? By company type: Tier 1: 55%, Tier 2: 20%, <strong>and</strong> Tier 3: 25%<br />

? By designation: C-Level: 60%, D-Level: 25%, <strong>and</strong> others: 15%<br />

? By region: North America: 15%, Europe: 25%, APAC: 30%, Latin America: 20%, <strong>and</strong> MEA:<br />

10%<br />

The report includes the study of key players offering cloud <strong>ERP</strong> solutions, such as, Microsoft<br />

Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Infor (U.S.), Sage<br />

Software, Inc. (U.K.), Epicor Software Corporation (U.S.), Intacct Corporation (U.S.),<br />

Financialforce.com (U.S.), Plex Systems, Inc. (U.S.), <strong>and</strong> Ramco Systems (India).<br />

Research Coverage<br />

The report provides a picture on cloud <strong>ERP</strong> solutions <strong>and</strong> associated services across<br />

different industry verticals <strong>and</strong> regions. It aims at estimating the market size <strong>and</strong> future<br />

growth potential of this market across different segments, such as component, function,<br />

deployment mode, organization size, vertical, <strong>and</strong> region. Furthermore, the report also<br />

includes an in-depth competitive analysis of the key players in the market, along with their<br />

company profiles, SWOT analysis, recent developments, <strong>and</strong> key market strategies.<br />

Key Benefits of Buying the Report<br />

The report will help the market leaders/new entrants in this market, <strong>by</strong> providing them with<br />

the closest approximations of the revenue numbers for the overall cloud <strong>ERP</strong> market <strong>and</strong><br />

subsegments. This report will help stakeholders <strong>to</strong> better underst<strong>and</strong> the competi<strong>to</strong>r<br />

l<strong>and</strong>scape, gain more insights <strong>to</strong> better position their businesses, <strong>and</strong> make suitable go-<strong>to</strong>market<br />

strategies. The report also helps the stakeholders <strong>to</strong> underst<strong>and</strong> the pulse of the<br />

market <strong>and</strong> provides them with information on key market drivers, restraints, challenges,<br />

<strong>and</strong> opportunities.


Table of contents:<br />

TABLE OF CONTENTS<br />

1 INTRODUCTION 14<br />

1.1 OBJECTIVES OF THE STUDY 14<br />

1.2 MARKET DEFINITION 14<br />

1.3 MARKET SCOPE 15<br />

1.3.1 MARKETS COVERED 15<br />

1.3.2 YEARS CONSIDERED FOR THE STUDY 16<br />

1.4 CURRENCY 16<br />

1.5 LIMITATIONS 16<br />

1.6 STAKEHOLDERS 16<br />

2 RESEARCH METHODOLOGY 17<br />

2.1 RESEARCH DATA 17<br />

2.1.1 SECONDARY DATA 18<br />

2.1.1.1 Key data from secondary sources 18<br />

2.1.2 PRIMARY DATA 19<br />

2.1.2.1 Key data from primary sources 19<br />

2.1.2.2 Key industry insights 20<br />

2.1.2.3 Breakdown of primary interviews 20<br />

2.2 MARKET SIZE ESTIMATION 21<br />

2.2.1 BOTTOM-UP APPROACH 21<br />

2.2.2 TOP-DOWN APPROACH 22<br />

2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 23<br />

2.4 RESEARCH ASSUMPTIONS 24<br />

3 EXECUTIVE SUMMARY 25<br />

4 PREMIUM INSIGHTS 30<br />

4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL CLOUD <strong>ERP</strong> MARKET 30<br />

4.2 CLOUD <strong>ERP</strong> MARKET: TOP FOUR FUNCTIONS 30<br />

4.3 CLOUD <strong>ERP</strong> MARKET, BY VERTICAL AND REGION 31<br />

4.4 LIFECYCLE ANALYSIS, BY REGION 32<br />

5 MARKET OVERVIEW 33<br />

5.1 INTRODUCTION 34<br />

5.2 MARKET EVOLUTION 34<br />

5.3 MARKET SEGMENTATION 35<br />

5.3.1 BY COMPONENT 35<br />

5.3.2 BY FUNCTION 36<br />

5.3.3 BY DEPLOYMENT MODE 36<br />

5.3.4 BY ORGANIZATION SIZE 37<br />

5.3.5 BY VERTICAL 37<br />

5.3.6 BY REGION 38<br />

5.4 MARKET DYNAMICS 39<br />

5.4.1 DRIVERS 39


5.4.1.1 Increasing need for operational efficiency <strong>and</strong> transparency across various business<br />

processes 39<br />

5.4.1.2 Rising dem<strong>and</strong> of <strong>ERP</strong> solutions <strong>and</strong> services from SMEs 40<br />

5.4.1.3 Surging adoption of cloud-based infrastructures <strong>and</strong> mobile applications 40<br />

5.4.2 RESTRAINTS 41<br />

5.4.2.1 Higher operational cost 41<br />

5.4.2.2 Availability of open-source <strong>ERP</strong> applications 41<br />

5.4.3 OPPORTUNITIES 42<br />

5.4.3.1 Rapid changes in business dynamics 42<br />

5.4.3.2 <strong>Global</strong> expansion of businesses across verticals 42<br />

5.4.3.3 Emerging markets for cloud <strong>ERP</strong> solutions 43<br />

5.4.4 CHALLENGES 44<br />

5.4.4.1 Complex integration process of <strong>ERP</strong> solutions with existing systems 44<br />

5.4.4.2 St<strong>and</strong>ardized software packages <strong>and</strong> design misfits 44<br />

6 INDUSTRY TRENDS 45<br />

6.1 INTRODUCTION 45<br />

6.2 VALUE CHAIN ANALYSIS 45<br />

7 CLOUD <strong>ERP</strong> MARKET ANALYSIS, BY COMPONENT 47<br />

7.1 INTRODUCTION 48<br />

7.2 SOLUTIONS 49<br />

7.3 SERVICES 50<br />

7.3.1 PROFESSIONAL SERVICES 51<br />

7.3.1.1 Implementation 52<br />

7.3.1.2 Consulting 53<br />

7.3.1.3 Training <strong>and</strong> education 54<br />

7.3.1.4 Support <strong>and</strong> maintenance 54<br />

7.3.2 MANAGED SERVICES 55<br />

8 CLOUD <strong>ERP</strong> MARKET ANALYSIS, BY FUNCTION 57<br />

8.1 INTRODUCTION 58<br />

8.2 FINANCE 59<br />

8.3 MARKETING 60<br />

8.4 SALES 61<br />

8.5 OPERATIONS 61<br />

8.6 HUMAN RESOURCE 62<br />

9 CLOUD <strong>ERP</strong> MARKET ANALYSIS, BY DEPLOYMENT MODE 63<br />

9.1 INTRODUCTION 64<br />

9.2 PUBLIC CLOUD 65<br />

9.3 PRIVATE CLOUD 65<br />

9.4 HYBRID CLOUD 66<br />

10 CLOUD <strong>ERP</strong> MARKET ANALYSIS, BY ORGANIZATION SIZE 67<br />

10.1 INTRODUCTION 68<br />

10.2 SMALL AND MEDIUM ENT<strong>ERP</strong>RISES 69<br />

10.3 LARGE ENT<strong>ERP</strong>RISES 70<br />

11 CLOUD <strong>ERP</strong> MARKET ANALYSIS, BY VERTICAL 71


11.1 INTRODUCTION 72<br />

11.2 BANKING, FINANCIAL SERVICES, AND INSURANCE 73<br />

11.3 MANUFACTURING 74<br />

11.4 GOVERNMENT AND PUBLIC SECTORS 74<br />

11.5 AEROSPACE AND DEFENSE 75<br />

11.6 EDUCATION 76<br />

11.7 IT AND TELECOM 77<br />

11.8 HEALTHCARE 77<br />

11.9 RETAIL 78<br />

11.10 OTHERS 79<br />

12 CLOUD <strong>ERP</strong> MARKET ANALYSIS, BY REGION 80<br />

12.1 INTRODUCTION 81<br />

12.2 NORTH AMERICA 83<br />

12.3 EUROPE 87<br />

12.4 ASIA-PACIFIC 90<br />

12.5 MIDDLE EAST AND AFRICA 93<br />

12.6 LATIN AMERICA 97<br />

13 COMPETITIVE LANDSCAPE 101<br />

13.1 OVERVIEW 101<br />

13.2 COMPETITIVE SITUATION AND TRENDS 102<br />

13.3 CLOUD <strong>ERP</strong>: VENDOR ANALYSIS 104<br />

13.3.1 AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS 105<br />

13.3.2 MERGERS AND ACQUISITIONS 107<br />

13.3.3 NEW PRODUCT LAUNCHES 108<br />

13.3.4 BUSINESS EXPANSIONS 109<br />

?<br />

14 COMPANY PROFILES 111<br />

(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, &<br />

Recent Developments)*<br />

14.1 INTRODUCTION 111<br />

14.2 MICROSOFT CORPORATION 112<br />

14.3 ORACLE CORPORATION 117<br />

14.4 SAP SE 122<br />

14.5 INFOR 127<br />

14.6 SAGE SOFTWARE, INC. 133<br />

14.7 EPICOR SOFTWARE CORPORATION 139<br />

14.8 INTACCT CORPORATION 141<br />

14.9 FINANCIALFORCE.COM 144<br />

14.10 PLEX SYSTEMS, INC. 147<br />

14.11 RAMCO SYSTEMS 149<br />

*Details on company at a glance, recent financials, products & services, strategies &<br />

insights, & recent developments might not be captured in case of unlisted companies.<br />

15 KEY INNOVATORS 152<br />

15.1 QAD INC. 152


15.2 ACUMATICA 153<br />

15.3 ROOTSTOCK SOFTWARE 154<br />

16 APPENDIX 155<br />

16.1 INDUSTRY EXPERTS 155<br />

16.2 OTHER DEVELOPMENTS 156<br />

16.2.1 OTHER DEVELOPMENTS: PARTNERSHIPS, AGREEMENTS, AND<br />

COLLABORATIONS 156<br />

16.2.2 OTHER DEVELOPMENTS: MERGERS AND ACQUISITIONS 158<br />

16.2.3 OTHER DEVELOPMENTS: NEW PRODUCT LAUNCHES 159<br />

16.3 DISCUSSION GUIDE 162<br />

16.4 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 166<br />

16.5 INTRODUCTION RT: REAL-TIME MARKET INTELLIGENCE 168<br />

16.6 AVAILABLE CUSTOMIZATIONS 170<br />

16.7 RELATED REPORTS 170<br />

16.8 AUTHOR DETAILS 171<br />

Get full report details at:<br />

https://www.gr<strong>and</strong>researchs<strong>to</strong>re.com/information-<strong>and</strong>-communication-technol<br />

ogy-<strong>and</strong>-media/cloud-erp-market-<strong>by</strong>-component-solutions-<strong>and</strong>-servicesfunction-finance-marketing-sales-operations-<strong>and</strong>-human-resourcedeployment-mode-public-private-<strong>and</strong>-hybrid-organization-size-vertical-<strong>and</strong>region---global-forecast-<strong>to</strong>-<strong>2021</strong>-

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