Cloud ERP is the technology that makes use of cloud technology and platforms for providing ERP software. The use of cloud offers more flexibility and transforms the business processes. The Indian cloud ERP market is comparatively less mature than other markets in the world but expected to grow in the future due to increasing demand from SME’s. The increased competition and globalization have become the key drivers for SME’s to deploy ERP on cloud to minimise infrastructure cost.The factors such as low IT manpower, low operational cost, data backup and recovery and ubiquitous access are encouraging SME’s to move ERP on cloud.
The overall ERP market in India is expected to grow at a CAGR of 25.5% during the forecast period 2022-2027.
The future market is driven by cloud ERP adoption among enterprises of all sizes. Also, cost advantages and flexibility that it brings to the organization fosters the market. The SME segment is expected to drive cloud ERP market more than that of large enterprises. The cloud ERP adoption in SME segment is expected to grow at a CAGR of 23.9% during the forecasted years 2015-2020. However, the security issues related to cloud technology and increasing regulatory compliances will affect the market.
Government and large enterprises are investing lot in cloud technology that will give lot of opportunities to the vendors trying to enter the market. For instance, Indian government has initiated “Make in India” project to protect and help companies to start and improve in latest technologies. Some of the major players presentin the market are Oracle, Ramco, SAP, and Wipro. The report also considers someof the watch list companies such as IFS, MYOB and Workday.
This study covers and analyses “Cloud ERP in India” globally. Bringing out the complete key insights of this industry, this report aims to provide opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions. In recent years, leading Cloud Service vendors are looking at offering highly customized and converged solutions to cloud payers and providers across the globe. Leading Cloud Service vendors included EPICOR Software Corporation, NetSuite Inc., Ramco Systems Ltd, INFOR, QAD INC, Also Companies to Watch For Plex Systems, Inc., Workday, Inc., MYOB Ltd, Acumatica, Inc.,
Cloud ERP Market Industry Verticals:
By Deployment:
• Public
• Private
• Hybrid
By Implementation Mode:
• Direct Implementation
• Implementation Through Partners
By Enterprise:
• Small Enterprise
• Medium Enterprise
• Large Enterprise
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Global Market
4.2 Market Top Four Functions
4.3 Cloud ERP Market, By Vertical and Region
4.4 Lifecycle Analysis, By Region
5 Market Overview
5.1 Introduction
5.2 Market Evolution
5.3 Market Segmentation
5.3.1 By Component
5.3.2 By Function
5.3.3 By Deployment Mode
5.3.4 By Organization Size
5.3.5 By Vertical
5.3.6 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Increasing Need for Operational Efficiency and Transparency Across Various Business Processes
5.4.1.2 Rising Demand of ERP Solutions and Services From Smes
5.4.1.3 Surging Adoption of Cloud-Based Infrastructures and Mobile Applications
5.4.2 Restraints
5.4.2.1 Higher Operational Cost
5.4.2.2 Availability of Open-Source ERP Applications
5.4.3 Opportunities
5.4.3.1 Rapid Changes in Business Dynamics
5.4.3.2 Global Expansion of Businesses Across Verticals
5.4.3.3 Emerging Markets for Cloud ERP Solutions
5.4.4 Challenges
5.4.4.1 Complex Integration Process of ERP Solutions With Existing Systems
5.4.4.2 Standardized Software Packages and Design Misfits
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
7 Cloud ERP Market Analysis, By Component
7.1 Introduction
7.2 Solutions
7.3 Services
7.3.1 Professional Services
7.3.1.1 Implementation
7.3.1.2 Consulting
7.3.1.3 Training and Education
7.3.1.4 Support and Maintenance
7.3.2 Managed Services
8 Cloud ERP Market Analysis, By Function
8.1 Introduction
8.2 Finance
8.3 Marketing
8.4 Sales
8.5 Operations
8.6 Human Resource
9 Cloud ERP Market Analysis, By Deployment Mode
9.1 Introduction
9.2 Public Cloud
9.3 Private Cloud
9.4 Hybrid Cloud
10 Cloud ERP Market Analysis, By Organization Size
10.1 Introduction
10.2 Small and Medium Enterprises
10.3 Large Enterprises
11 Cloud ERP Market Analysis, By Vertical
11.1 Introduction
11.2 Banking, Financial Services, and Insurance
11.3 Manufacturing
11.4 Government and Public Sectors
11.5 Aerospace and Defense
11.6 Education
11.7 IT and Telecom
11.8 Healthcare
11.9 Retail
11.10 Others
12 Cloud ERP Market Analysis, By Region
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia-Pacific
12.5 Middle East and Africa
12.6 Latin America
13 Competitive Landscape
13.1 Overview
13.2 Competitive Situation and Trends
13.3 Cloud ERP: Vendor Analysis
13.3.1 Agreements, Partnerships, and Collaborations
13.3.2 Mergers and Acquisitions
13.3.3 New Product Launches
13.3.4 Business Expansions
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