Florida, February 14, 2018: The enterprise resource planning market is expected to exceed more than USD 49.50 billion by 2020.

    ERP (Enterprise Resource Planning) is business procedure managing software that allows business to use integrated application for a system to run business. It also computerized various back office tasks associated to technology, HR and services, such as project planning, manage HR, accounting and financial applications, reduce redundant task, distribution process management, improve accuracy of financial data and more. Enterprise resource planning software combines all feature of a business such as planning, manufacturing, retailing and selling. This software consider applications used in large business ERP to study, modify and deployment data. Small business enterprise resource planning applications are lightweight industry organization software solutions, modified for the industry. Enterprise resource planning software contains different modules such as planning, distribution, marketing, accounting, inventory control and human resource. Mobile, cloud and social ERP are new and long term trend which change the enterprise resource market software.

    The enterprise resource planning market is segmented on the lines of its end user like large enterprises, medium enterprises and small enterprises. The enterprise resource planning market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

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    The major driving factors of enterprise resource planning market are as follows:
    o    Need for intelligibility in business processes.
    o    Requirement of operational efficiency in industry development
    o    Growing demand of enterprise resource planning in medium and small enterprises.
    o    Acceptance of mobile and cloud base applications

    The restraining factors of enterprise resource planning market are as follows:
    o    High rate
    o    Open source application

    The enterprise resource planning market is segmented on the lines of its deployment, function, verticals and end user. The enterprise resource planning market is segmented on the lines of its deployment like on-premise deployment and cloud deployment. Under function segmentation it covered finance, human resource (HR) and supply chain. The enterprise resource planning market is segmented on the lines of its verticals like manufacturing & services, BFSI, healthcare, retail, government utilities, aerospace and defense and telecom.

    This report provides:

    1) An overview of the global market for enterprise resource planning and related technologies.
    2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2021.
    3) Identifications of new market opportunities and targeted promotional plans for enterprise resource planning.
    4) Discussions of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Oracle, IBM Corp., Microsoft Corp., SAP, Infor, Sage, Netsuite Inc., Totvs, Unit4 and Syspro Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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    Table of Contents

    1 Introduction

    2 Research Methodology

    3 Executive Summar

    4 Premium Insights

    5 Market Overview

    6 Industry Trends

    7 Cloud ERP Market Analysis, By Component

    8 Cloud ERP Market Analysis, By Function

    9 Cloud ERP Market Analysis, By Deployment Mode

    10 Cloud ERP Market Analysis, By Organization Size

    11 Cloud ERP Market Analysis, By Vertical

    12 Cloud ERP Market Analysis, By Region

    13 Competitive Landscape

    14 Company Profiles

    14.1 Introduction

    14.2 Microsoft Corporation

    14.3 Oracle Corporation

    14.4 SAP SE

    14.5 Infor

    14.6 Sage Software, Inc.

    14.7 Epicor Software Corporation

    14.8 Intacct Corporation

    14.9 Financialforce.Com

    14.10 Plex Systems, Inc.

    14.11 Ramco Systems

     

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    Source: http://www.financeswire.com/enterprise-resource-planning-erp-software-market-is-supposed-to-reach-us-49-0-billion-by-2020