PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1282891
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1282891
Vietnam Discrete Manufacturing ERP Market - By Deployment Mode ; By Function ; Industry Vertical, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
Vietnam Discrete Manufacturing ERP Market Size More Than Doubles at Robust CAGR of 14.5% During 2023-2029
Vietnam discrete manufacturing ERP market is rapidly growing due to increasing adoption of automation, demand for real-time data analytics, and rising investments in manufacturing industries.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Vietnam discrete manufacturing ERP market size at USD 133.8 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Vietnam discrete manufacturing ERP market size to grow at a robust CAGR of 14.5% reaching a value of USD 342.79 million by 2029. Vietnam discrete manufacturing ERP market is growing due to various factors including a spurring demand for automation, the growing need for real-time visibility across processes, and the implementation of Industry 4.0 technologies. SAP, Oracle, and Microsoft are among the market's major participants. The market is likely to expand during the forecast period due to the country's increased digitalization efforts.
Vietnam Discrete Manufacturing ERP Market - Overview:
Vietnam discrete manufacturing ERP market refers to the sector of the Vietnamese economy that produces distinct items, such as electronics, autos, machinery, and software solutions that aid in the management of their operations. ERP software is intended to assist manufacturers with a variety of operations, such as inventory management, supply chain management, production planning, and scheduling. This market comprises both domestic and international providers who provide ERP solutions suited to the specific demands of Vietnam's discrete manufacturing. The discrete manufacturing ERP market in Vietnam is likely to expand in the coming years, owing to the country's rapidly increasing manufacturing industry.
Impact of COVID-19 on Vietnam Discrete Manufacturing ERP Market
The COVID-19 pandemic significantly impacted the Vietnam discrete manufacturing ERP market. The country's strict lockdown measures and supply chain disruptions forced many manufacturers to delay or cancel their ERP implementation plans. However, as the economy recovers and businesses adapt to the new normal, the demand for ERP solutions is expected to increase. This is driven by the need for improved operational efficiency and cost savings. Cloud-based ERP solutions are likely to be in high demand, as they offer flexibility and scalability, allowing businesses to adapt to changing market conditions. Overall, the Vietnam discrete manufacturing ERP market is expected to rebound in the post-pandemic era.
Vietnam Discrete Manufacturing ERP Market - By Function:
On the basis of function, Vietnam discrete manufacturing ERP market is divided into Finance, Human Resource, Supply Chain, and Production segments. The supply chain segment dominates the market, as it enables businesses to optimize their supply chain operations and reduce costs. It is especially crucial for Vietnam's manufacturing industry, which heavily relies on imported raw materials and components. The production segment also plays a significant role, as it allows businesses to streamline their manufacturing processes and improve efficiency. However, finance and human resource segments are equally important, as they help businesses manage their finances and human resources effectively. Overall, a well-integrated ERP solution can help Vietnamese manufacturers stay competitive in the global market.
Competitive Landscape:
Vietnam discrete manufacturing ERP market is significantly competitive. Major companies in the market include SAP Vietnam, Infor Vietnam, Oracle Vietnam, Epicor Software Corporation, Sage Software Asia Pte Ltd, QAD Inc., IFS AB, Aptean, Exact Software, and Plex Systems, Inc. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Vietnam discrete manufacturing ERP Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Vietnam Discrete Manufacturing ERP Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Vietnam Discrete Manufacturing ERP Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Technology Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Vietnam Discrete Manufacturing ERP Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing demand for automation and digitization in the manufacturing industry
- 3.2.1.2. Increasing need for real-time tracking and monitoring of manufacturing operations
- 3.2.1.3. Rising adoption of cloud-based ERP solutions
- 3.2.2. Restraints
- 3.2.2.1. Data security and privacy concerns related to cloud-based ERP solutions
- 3.2.2.2. Availability of alternative software solutions for manufacturing operations
- 3.2.3. Opportunities
- 3.2.3.1. Growing demand for ERP solutions in emerging industries
- 3.2.3.2. Growing trend towards outsourcing of manufacturing operations in Vietnam
- 3.2.4. Challenges
- 3.2.4.1. Complexity of ERP solutions leads to potential resistance from end-users
- 3.2.1. Growth Drivers
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Vietnam Discrete Manufacturing ERP Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.1.2. Market Share and Forecast
- 4.1.3. By Deployment Mode
- 4.1.3.1. Cloud
- 4.1.3.2. On-premises
- 4.1.4. By Function
- 4.1.4.1. Finance
- 4.1.4.2. Human Resource
- 4.1.4.3. Supply Chain
- 4.1.4.4. Production
- 4.1.4.5. Others
- 4.1.5. Industry Vertical
- 4.1.5.1. Aerospace & Defense
- 4.1.5.2. Automotive
- 4.1.5.3. Electronics & Semiconductor
- 4.1.5.4. Industrial Machinery
- 4.1.5.5. Medical Devices
- 4.1.5.6. Others
5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. Vietnam Discrete Manufacturing ERP Market Share Analysis, 2022
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Covid-19 on Vietnam Discrete Manufacturing ERP Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 7.1. SAP Vietnam
- 7.2. Infor Vietnam
- 7.3. Oracle Vietnam
- 7.4. Epicor Software Corporation
- 7.5. Sage Software Asia Pte Ltd
- 7.6. QAD Inc.
- 7.7. IFS AB
- 7.8. Aptean
- 7.9. Exact Software
- 7.10. Plex Systems, Inc.
- 7.11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Region
- 9.5. Assumptions & Limitations
*Financial information in case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 Vietnam Discrete Manufacturing ERP market Segmentation
- Figure 2 Vietnam Discrete Manufacturing ERP Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 Vietnam Discrete Manufacturing ERP Market Size, By Value (USD Million), 2019-2029
- Figure 5 Vietnam Discrete Manufacturing ERP Market Share, By Deployment Type, By Value, 2019-2029
- Figure 6 Vietnam Discrete Manufacturing ERP Market Share, By Function, By Value, 2019-2029
- Figure 7 Vietnam Discrete Manufacturing ERP Market Share, Industry Vertical, By Value, 2019-2029
List of Tables
- Table 1 Vietnam Discrete Manufacturing ERP Market Size, By Value (USD Million), 2019-2029
- Table 2 Vietnam Discrete Manufacturing ERP Market Size, By Deployment Type, By Value, 2019-2029
- Table 3 Vietnam Discrete Manufacturing ERP Market Size, By Function, By Value, 2019-2029
- Table 4 Vietnam Discrete Manufacturing ERP Market Size, Industry Vertical, By Value, 2019-2029
- Table 5 SAP Vietnam Company Overview
- Table 6 SAP Vietnam Financial Overview
- Table 7 Infor Vietnam Company Overview
- Table 8 Infor Vietnam Financial Overview
- Table 9 Oracle Vietnam Company Overview
- Table 10 Oracle Vietnam Financial Overview
- Table 11 Epicor Software Corporation Company Overview
- Table 12 Epicor Software Corporation Financial Overview
- Table 13 Sage Software Asia Pte Ltd Company Overview
- Table 14 Sage Software Asia Pte Ltd Financial Overview
- Table 15 QAD Inc. Company Overview
- Table 16 QAD Inc. Financial Overview
- Table 17 IFS AB Company Overview
- Table 18 IFS AB Financial Overview
- Table 19 Aptean Company Overview
- Table 20 Aptean Financial Overview
- Table 21 Exact Software Company Overview
- Table 22 Exact Software Financial Overview
- Table 23 Plex Systems, Inc. Company Overview
- Table 24 Plex Systems, Inc. Financial Overview
