ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET FORECAST 2020-2028

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ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET FORECAST 2020-2028

The Asia Pacific market for enterprise resource planning (ERP) is expected to grow significantly and register a CAGR of 9.29% during the forecast period, 2020-2028. A large number of businesses have implemented on-premise ERP solutions to enhance productivity and performance, which is driving the market growth in the region. In the near future, a strong IT infrastructure development is expected to promote cloud-enabled ERP software. There are many SMEs and start-ups in Asia Pacific region which prefer cloud-enabled ERP software since it is less expensive compared to on-premise ERP software solution. The growth prospects of the Asia Pacific enterprise resource planning (ERP) market are studied further by evaluating the markets of countries such as India, Australia & New Zealand, Japan, Vietnam, China, Indonesia, Thailand, South Korea, and the rest of Asia Pacific.

ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET FORECAST 2020-2028

Asia Pacific Enterprise Resource Planning (Erp) Market by Deployment (on-premise, Cloud, Hybrid) by Organization Size (Large Enterprises, Medium Enterprises, Small Enterprises) by Business Functions (Finance, Human Resource (Hr), Supply Chain, Customer Management, Inventory Management, Manufacturing Module, Other Business Functions) by End User (Retail, Manufacturing, Banking, Financial Services & Insurance (Bfsi), Government, It & Telecommunication, Healthcare, Military and Defense, Other End Users) by Geography.

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The Asia Pacific market for enterprise resource planning (ERP) is expected to grow significantly and register a CAGR of 9.29% during the forecast period, 2020-2028. A large number of businesses have implemented on-premise ERP solutions to enhance productivity and performance, which is driving the market growth in the region. In the near future, a strong IT infrastructure development is expected to promote cloud-enabled ERP software. There are many SMEs and start-ups in Asia Pacific region which prefer cloud-enabled ERP software since it is less expensive compared to on-premise ERP software solution.

The growth prospects of the Asia Pacific enterprise resource planning (ERP) market are studied further by evaluating the markets of countries such as India, Australia & New Zealand, Japan, Vietnam, China, Indonesia, Thailand, South Korea, and the rest of Asia Pacific. China, the world’s largest manufacturing economy, witnessed a rapid increase in ERP implementations, resulting in enhanced supply chain management. This further improves the scheduling process that could remarkably optimize costs. In Japan, the introduction of ERP in the government sector is assumed to result in the building of a shared platform, acting as a client-server architecture, providing ERP services to all government organizations. India, because of the SME sector, is witnessing an increasing proliferation of ERP solutions to perform business processes effectively on a daily basis. About 60% of the SME sector has integrated ERP solutions into their businesses. In South Korea, small and medium-sized enterprises (SMEs) are the main driving forces in the ERP software market. In Oct 2018, LG CNS launched a next-generation ERP solution to take over the local ERP market from foreign software firms like SAP and Oracle.

Ramco Systems Limited, headquartered in Chennai, Tamil Nadu, India, is a leading developer of ERP software solutions. It operates in the USA, Europe, India, Canada, South Africa, Middle East, and the Asia Pacific. The developer was the first choice for Erickson Incorporated for implementing its Aviation M&E MRO Solution V5.8.

 

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • PARENT MARKET ANALYSIS: ENTERPRISE APPLICATION MARKET
    • DEVELOPMENT OF ENTERPRISE RESOURCE PLANNING (ERP)
    • MARKET DEFINITION
    • KEY DRIVERS
      • NEED FOR CONTINUOUS IMPROVEMENT OF BUSINESS PROCESSES & OPERATIONAL EFFICIENCY
      • INCREASING FOCUS ON REAL-TIME DECISION-MAKING & COMPETITIVE STRATEGIES
      • RAPID ADOPTION OF CLOUD BASED ERP SOLUTIONS
    • KEY RESTRAINTS
      • HIGH COSTS ASSOCIATED WITH ERP SOLUTIONS
      • PRESENCE OF LARGE NUMBER OF OPEN-SOURCE ERP VENDORS
      • VULNERABILITIES IN ERP APPLICATIONS
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    • PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
    • KEY BUYING CRITERIA
      • COMPATIBILITY
      • COST-EFFECTIVENESS
      • EASE OF USE
      • SECURITY
  1. MARKET BY DEPLOYMENT
    • ON-PREMISE
    • CLOUD
    • HYBRID
  2. MARKET BY ORGANIZATION SIZE
    • LARGE ENTERPRISES
    • MEDIUM ENTERPRISES
    • SMALL ENTERPRISES
  3. MARKET BY BUSINESS FUNCTIONS
    • FINANCE
    • HUMAN RESOURCE (HR)
    • SUPPLY CHAIN
    • CUSTOMER MANAGEMENT
    • INVENTORY MANAGEMENT
    • MANUFACTURING MODULE
    • OTHER BUSINESS FUNCTIONS
  4. MARKET BY END USER
    • RETAIL
    • MANUFACTURING
    • BANKING, FINANCIAL SERVICES & INSURANCE (BFSI)
    • GOVERNMENT
    • IT & TELECOMMUNICATION
    • HEALTHCARE
    • MILITARY AND DEFENSE
    • OTHER END USERS
  5. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. COMPANY PROFILES
    • DESKERA HOLDINGS LTD
    • EPICOR SOFTWARE CORPORATION
    • INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)
    • INDUSTRIAL AND FINANCIAL SYSTEMS, IFS AB
    • INFOR INC.
    • IQMS (ACQUIRED BY DASSAULT SYSTEMES)
    • MICROSOFT CORPORATION
    • ORACLE CORPORATION
    • PLEX SYSTEMS INC. (ACQUIRED BY FRANCISCO PARTNERS)
    • QAD INC
    • RAMCO SYSTEMS LIMITED (RSL)
    • THE SAGE GROUP PLC
    • SAP SE
    • SYSPRO (PTY) LTD.
    • UNIT4 N.V. (ACQUIRED BY ADVENT INTERNATIONAL)
    • WORKDAY INC

TABLE LIST

TABLE 1: MARKET SNAPSHOT – ENTERPRISE RESOURCE PLANNING (ERP)

TABLE 2: DEVELOPMENT OF ENTERPRISE RESOURCE PLANNING (ERP)

TABLE 3: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 4: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY DEPLOYMENT, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 5: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY ORGANIZATION SIZE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 6: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY ORGANIZATION SIZE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 7: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY BUSINESS FUNCTIONS, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 8: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY BUSINESS FUNCTIONS, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 9: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY END USER, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 10: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY END USER, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 11: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 12: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

FIGURES LIST

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: VALUE CHAIN ANALYSIS

FIGURE 6: KEY BUYING CRITERIA

FIGURE 7: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2019

FIGURE 8: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, ON-PREMISE, 2020-2028 (IN $ MILLION)

FIGURE 9: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, CLOUD, 2020-2028 (IN $ MILLION)

FIGURE 10: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, HYBRID, 2020-2028 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY ORGANIZATION SIZE, IN 2019

FIGURE 12: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, LARGE ENTERPRISES, 2020-2028 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, MEDIUM ENTERPRISES, 2020-2028 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, SMALL ENTERPRISES, 2020-2028 (IN $ MILLION)

FIGURE 15: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY BUSINESS FUNCTIONS, IN 2019

FIGURE 16: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, FINANCE, 2020-2028 (IN $ MILLION)

FIGURE 17: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, HUMAN RESOURCE (HR), 2020-2028 (IN $ MILLION)

FIGURE 18: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, SUPPLY CHAIN, 2020-2028 (IN $ MILLION)

FIGURE 19: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, CUSTOMER MANAGEMENT, 2020-2028 (IN $ MILLION)

FIGURE 20: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, INVENTORY MANAGEMENT, 2020-2028 (IN $ MILLION)

FIGURE 21: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, MANUFACTURING MODULE, 2020-2028 (IN $ MILLION)

FIGURE 22: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, OTHER BUSINESS FUNCTIONS, 2020-2028 (IN $ MILLION)

FIGURE 23: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY END USER, IN 2019

FIGURE 24: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, RETAIL, 2020-2028 (IN $ MILLION)

FIGURE 25: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, MANUFACTURING, 2020-2028 (IN $ MILLION)

FIGURE 26: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BANKING, FINANCIAL SERVICES & INSURANCE (BFSI), 2020-2028 (IN $ MILLION)

FIGURE 27: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GOVERNMENT, 2020-2028 (IN $ MILLION)

FIGURE 28: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, IT & TELECOMMUNICATION, 2020-2028 (IN $ MILLION)

FIGURE 29: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, HEALTHCARE, 2020-2028 (IN $ MILLION)

FIGURE 30: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, MILITARY AND DEFENSE, 2020-2028 (IN $ MILLION)

FIGURE 31: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, OTHER END USERS, 2020-2028 (IN $ MILLION)

FIGURE 32: ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 33: CHINA ENTERPRISE RESOURCE PLANNING (ERP) MARKET, 2020-2028 (IN $ MILLION)

FIGURE 34: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, 2020-2028 (IN $ MILLION)

FIGURE 35: INDIA ENTERPRISE RESOURCE PLANNING (ERP) MARKET, 2020-2028 (IN $ MILLION)

FIGURE 36: SOUTH KOREA ENTERPRISE RESOURCE PLANNING (ERP) MARKET, 2020-2028 (IN $ MILLION)

FIGURE 37: INDONESIA ENTERPRISE RESOURCE PLANNING (ERP) MARKET, 2020-2028 (IN $ MILLION)

FIGURE 38: THAILAND ENTERPRISE RESOURCE PLANNING (ERP) MARKET, 2020-2028 (IN $ MILLION)

FIGURE 39: VIETNAM ENTERPRISE RESOURCE PLANNING (ERP) MARKET, 2020-2028 (IN $ MILLION)

FIGURE 40: AUSTRALIA & NEW ZEALAND ENTERPRISE RESOURCE PLANNING (ERP) MARKET, 2020-2028 (IN $ MILLION)

FIGURE 41: REST OF ASIA PACIFIC ENTERPRISE RESOURCE PLANNING (ERP) MARKET, 2020-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • INDONESIA
      • THAILAND
      • VIETNAM
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. MARKET BY DEPLOYMENT
    • ON-PREMISE
    • CLOUD
    • HYBRID
  2. MARKET BY ORGANIZATION SIZE
    • LARGE ENTERPRISES
    • MEDIUM ENTERPRISES
    • SMALL ENTERPRISES
  3. MARKET BY BUSINESS FUNCTIONS
    • FINANCE
    • HUMAN RESOURCE (HR)
    • SUPPLY CHAIN
    • CUSTOMER MANAGEMENT
    • INVENTORY MANAGEMENT
    • MANUFACTURING MODULE
    • OTHER BUSINESS FUNCTIONS
  4. MARKET BY END USER
    • RETAIL
    • MANUFACTURING
    • BANKING, FINANCIAL SERVICES & INSURANCE (BFSI)
    • GOVERNMENT
    • IT & TELECOMMUNICATION
    • HEALTHCARE
    • MILITARY AND DEFENSE
    • OTHER END USERS

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