Cloud Enterprise Resource Planning Market by Component, Business Function, Organization Size, Vertical - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

Description

List of Tables

The Global Cloud Enterprise Resource Planning Market is forecasted to grow significantly, with a projected USD 77.34 billion in 2023 at a CAGR of 22.80% and expected to reach a staggering USD 326.07 billion by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Cloud Enterprise Resource Planning Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Cloud Enterprise Resource Planning Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Component, market is studied across Services and Solution. The Services is further studied across Managed Services and Professional Services. The Professional Services is further studied across Consulting, Implementation & Integration, and Support & Maintenance. The Services commanded largest market share of 65.77% in 2022, followed by Solution.

Based on Business Function, market is studied across Finance & Accounting, Human Capital Management, Inventory & Order Management, and Sales & Marketing. The Human Capital Management commanded largest market share of 34.23% in 2022, followed by Finance & Accounting.

Based on Organization Size, market is studied across Large Enterprises and Small and Medium-Sized Enterprises. The Large Enterprises commanded largest market share of 87.88% in 2022, followed by Small and Medium-Sized Enterprises.

Based on Vertical, market is studied across Aerospace & Defense, Banking, Financial Services, and Insurance, Education, Government & Public Sector, Healthcare, IT & Telecom, Manufacturing, and Retail. The IT & Telecom commanded largest market share of 21.23% in 2022, followed by Banking, Financial Services, and Insurance.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 36.77% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Cloud Enterprise Resource Planning Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Cloud Enterprise Resource Planning Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Cloud Enterprise Resource Planning Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Cloud Enterprise Resource Planning Market?

4. What is the competitive strategic window for opportunities in the Global Cloud Enterprise Resource Planning Market?

5. What are the technology trends and regulatory frameworks in the Global Cloud Enterprise Resource Planning Market?

6. What is the market share of the leading vendors in the Global Cloud Enterprise Resource Planning Market?

7. What modes and strategic moves are considered suitable for entering the Global Cloud Enterprise Resource Planning Market?

Product Code: MRR-034230D3E663

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Cloud Enterprise Resource Planning Market, by Component, 2022 vs 2030
4.3. Cloud Enterprise Resource Planning Market, by Business Function, 2022 vs 2030
4.4. Cloud Enterprise Resource Planning Market, by Organization Size, 2022 vs 2030
4.5. Cloud Enterprise Resource Planning Market, by Vertical, 2022 vs 2030
4.6. Cloud Enterprise Resource Planning Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing demand to improve operational efficiency and streamline business processes
  - 5.1.1.2. Ongoing digital transformation in the industries
  - 5.1.1.3. Increasing adoption across BFSI and government sector
- 5.1.2. Restraints
  - 5.1.2.1. Time and cost requirements of cloud ERP implementation
- 5.1.3. Opportunities
  - 5.1.3.1. Integration of advanced technologies in ERP systems
  - 5.1.3.2. Improvements in features of cloud ERP systems
- 5.1.4. Challenges
  - 5.1.4.1. Data security and privacy threats that persist in cloud ERP systems
5.2. Market Trends
- 5.2.1. Government adoption of cloud ERP and favorable partnership between product developers and end-users
- 5.2.2. Surging digitization initiatives and evolving IT infrastructure across industries in the Asia-Pacific region
- 5.2.3. Adoption of cloud ERP by SMEs with growing cloud penetration in support of government initiatives
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Cloud Enterprise Resource Planning Market, by Component

6.1. Introduction
6.2. Services
- 6.2.1. Managed Services
- 6.2.2. Professional Services
  - 6.2.2.1. Consulting
  - 6.2.2.2. Implementation & Integration
  - 6.2.2.3. Support & Maintenance
6.3. Solution

7. Cloud Enterprise Resource Planning Market, by Business Function

7.1. Introduction
7.2. Finance & Accounting
7.3. Human Capital Management
7.4. Inventory & Order Management
7.5. Sales & Marketing

8. Cloud Enterprise Resource Planning Market, by Organization Size

8.1. Introduction
8.2. Large Enterprises
8.3. Small and Medium-Sized Enterprises

9. Cloud Enterprise Resource Planning Market, by Vertical

9.1. Introduction
9.2. Aerospace & Defense
9.3. Banking, Financial Services, and Insurance
9.4. Education
9.5. Government & Public Sector
9.6. Healthcare
9.7. IT & Telecom
9.8. Manufacturing
9.9. Retail

10. Americas Cloud Enterprise Resource Planning Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Cloud Enterprise Resource Planning Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Cloud Enterprise Resource Planning Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
  - 13.3.1.1. Net at Work Acquired Innovation ERP, a Sage X3 and Sage 300 Business Consulting Firm
  - 13.3.1.2. Epicor Acquired Cloud-Based Financial Planning and Analysis Provider DSPanel
  - 13.3.1.3. Aptean to Expand ERP Capabilities for Beverage Companies
  - 13.3.1.4. Deltek Completes Its Acquisition of TIP Technologies
- 13.3.2. Agreement, Collaboration, & Partnership
  - 13.3.2.1. Boomi Partners with Leading Japanese ERP Provider To Accelerate Digital Transformation in Japan
  - 13.3.2.2. MDF commerce announces a partnership with Acumatica offering its SMBs a fully integrated B2B eCommerce solution to Acumatica Cloud ERP
- 13.3.3. New Product Launch & Enhancement
  - 13.3.3.1. GROW with SAP Brings Proven Cloud ERP Benefits to Midsize Customers
  - 13.3.3.2. Rootstock Software Launches Digital Supplier Collaboration in the Fall '22 Release of its Manufacturing Cloud ERP
  - 13.3.3.3. Microsoft announced the Microsoft Supply Chain Platform, a new design approach for supply chain agility, automation, and sustainability
- 13.3.4. Investment & Funding
  - 13.3.4.1. Academia ERP By Serosoft Gets INR 30 Crores Funding From SIDBI Ventures
- 13.3.5. Award, Recognition, & Expansion
  - 13.3.5.1. ERP Buddies Announces Expansion into the United Kingdom as a Leading Cloud ERP Solution Provider
  - 13.3.5.2. Version 1 Named as Oracle SaaS Cloud ERP Partner for Enterprise Ireland

14. List of Company Mentioned

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing