PUBLISHER: The Business Research Company | PRODUCT CODE: 1527065
PUBLISHER: The Business Research Company | PRODUCT CODE: 1527065
Microsoft dynamics refers to a suite of enterprise resource planning (ERP) and customer relationship management (CRM) software applications developed by Microsoft. It encompasses various products tailored for different business needs, helping organizations manage finances, operations, sales, and customer interactions efficiently.
The main solutions of microsoft dynamics are microsoft dynamics 365 platform and microsoft dynamics services. Microsoft Dynamics 365 is a cloud-based platform that integrates CRM and ERP capabilities to streamline business processes and improve customer relationships. Module such as finance and accounting, human capital management, supply chain management, customer relationship management, sales and marketing, procurement, inventory management, and others are available with access types such as system based enterprise resource planning (ERP), and mobile enterprise resource planning (ERP). These solutions are utilized by various enterprises including as small offices, small enterprises, medium sized enterprise, large enterprises, and very large enterprises.
The microsoft dynamics research report is one of a series of new reports from The Business Research Company that provides microsoft dynamics market statistics, including the microsoft dynamics industry's global market size, regional shares, competitors with a microsoft dynamics market share, detailed microsoft dynamics market segments, market trends and opportunities, and any further data you may need to thrive in the microsoft dynamics industry. This microsoft dynamics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The Microsoft dynamics market size has grown rapidly in recent years. It will grow from $9.13 billion in 2023 to $10.20 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The increase observed in the historical period can be credited to the integration with the Microsoft ecosystem, the adoption of cloud services, the development of industry-specific solutions, customizable user interfaces, and a robust network of partners.
The Microsoft dynamics market size is expected to see rapid growth in the next few years. It will grow to $15.94 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. Anticipated growth in the projected timeframe can be attributed to the integration of artificial intelligence, the expansion of cloud services, bolstered security measures and regulatory compliance, enhanced customer satisfaction, and the integration of IoT and edge computing. Noteworthy trends in the projected period involve heightened artificial intelligence and automation, technological progressions, improved data analytics, incorporation of emerging technologies, and an emphasis on enhancing customer experiences.
The anticipated surge in attention towards data security is poised to drive the expansion of the Microsoft Dynamics market in the future. Data security entails safeguarding digital data from unauthorized access, corruption, or theft, ensuring the confidentiality, integrity, and availability of information. This heightened focus on data security is attributable to the escalating cyber threats, stringent regulations, concerns regarding data privacy, high-profile breaches, and the increasing value of data. Microsoft Dynamics bolsters data security by incorporating advanced protection measures, compliance tools, and regular updates to protect business data from threats and ensure adherence to regulations. For instance, according to the Department for Science, Innovation, and Technology, a UK-based government body, cybercrime affected 11% of businesses and 8% of charities in total over the past 12 months, with this number escalating to 26% for medium-sized businesses, 37% for large businesses, and 25% for high-income charities. Consequently, the growing emphasis on data security is propelling the expansion of the Microsoft Dynamics market.
Prominent companies operating in the Microsoft Dynamics market are concentrating on developing cutting-edge technological solutions, such as Copilot, to enhance accuracy, sensitivity, and efficiency within Microsoft Dynamics. Copilot, an AI-powered assistant, aids users in navigating and executing tasks within the Dynamics 365 environment. For instance, in March 2023, Microsoft Corporation Inc., a US-based technology corporation, introduced the new Microsoft Dynamics 365 Copilot. Within Microsoft Dynamics 365, Copilot revolutionizes tasks across sales, customer service, marketing, and supply chain management. By automating email responses, providing contextual answers, streamlining workflows, and offering predictive insights, Copilot boosts efficiency and ensures seamless operations, ultimately delivering exceptional customer experiences.
In July 2021, Microsoft Corporation, a US-based technology company, acquired Suplari Inc. for an undisclosed sum. This acquisition has fortified Microsoft's Dynamics 365 platform with Suplari's supplier spend insights, enabling businesses to proactively manage expenditure by converting diverse data into actionable insights, thereby facilitating strategic decision-making. Suplari Inc. is a US-based company specializing in artificial intelligence (AI) solutions.
Major companies operating in the microsoft dynamics market are Nestle S.A, Robert Bosch GmbH, PepsiCo Inc., Siemens AG, Sony Corporation, Lucky Goldstar Electronics Inc., Unilever Inc., International Business Machines Corporation, ThyssenKrupp AG, Asea Brown Boveri Group, Tata Consultancy Services Limited, Capgemini Technology Services India Limited, Cognizant Technology Solutions Corporation, Infosys Technologies Private Limited, DXC Technology Co., HCL Technologies Limited, Wipro Limited , Avanade Inc., Hitachi Solutions Ltd., Folio3 Software Inc., Calsoft Systems Pvt. Ltd., Sunrise Technologies Pvt. Ltd., ScienceSoft USA Corporation
Europe was the largest region in the Microsoft dynamics market in 2023. The regions covered in the microsoft dynamics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the microsoft dynamics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The Microsoft dynamics market includes revenues earned by entities providing services such as licensing fees, maintenance contracts, and cloud-based subscription services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Microsoft Dynamics Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on microsoft dynamics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for Microsoft dynamics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Microsoft dynamics market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.