Research Report Cloud ERP Market Growing at a CAGR of 9.65% from 2
Title: Cloud ERP Market Growing at a CAGR of 9.65% from 2017 to 2025
The global cloud ERP market was valued at USD 20.3 billion in 2016 and is projected to reach USD
44.22 billion by 2025, growing at a CAGR of 9.65% from 2017 to 2025.
Cloud ERP is an approach to enterprise resource planning (ERP) that makes use of cloud computing
platforms and services to provide a business with more flexible business process transformation.
Enterprise resource planning is an industry including broad set of activities that helps a business
manage the important parts of its business such as purchasing and inventory management. ERP
applications can also include modules for the finance and human capital management aspects of a
business and gives companies access to their business-critical applications at any time from any
location.
Top Leading Companies are Oracle Corporation, Microsoft Corporation, IBM, Sage Software, Inc.,
Intacct Corporation, Plex Systems, Inc., SAP SE, Infor, Epicor Software Corporation,
Financialforce.Com, Ramco Systems.
These major players have adopted various organic as well as inorganic growth strategies such as
mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships,
and others to strengthen their position in this market.
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This report provides a detailed analysis of the Cloud ERP market with description of market sizing
and growth, segmentation of market by products & services and major markets, top market players
etc. The report recapitulates the factors that will be responsible for the growth in the market in the
forecasted period.