United States ERP market is anticipated
to register growth with an impressive CAGR in the forecast period, 2023-2027.
The market growth can be attributed to rising demands from the businesses
expanding in the recent years. Growing industrial growth along with surging
demands for the integrated technical services through software that enables the
companies to modulate their business, drives the growth of the United States
ERP market in the upcoming five years. Furthermore, increasing demand for the
affordable and effective solution for the multi-level functionalities of the
business streamlined and automated, further supports the growth of the United
States ERP market in the next five years. Rising digitization of the businesses
along with growing demand for effective within company employee communication
aids the growth of the United States ERP market in the future five years.
ERP widely stands for
enterprise resource planning. The process has specific software provided by
different sources and services that help in using the software effectively
throughout the company. The software helps in managing company's financials,
supply chain, operations, commerce, reporting, manufacturing, and human
resource activities. Multiple verticals of a business that can be operated
feasibly using ERP includes accounting, business entities, corporate governance,
corporate law, corporate title, economics, finance, consumer management,
employee management, etc.
COVID-19 Upsurged Market
Growth
Recent pandemic situation has
impacted the growth of the United States ERP market majorly in the recent
years. Further growth is also anticipated due to increasing involvement of the
ERP in the healthcare industry and the companies dealing with the healthcare
products and services. Multiple healthcare businesses efficiently leveraged
over the cloud based services to construct a robust system that regulated the
patient count, managing the demands for the pharmaceutical and therapeutical
products along with the vaccine administrations through out the countries.
Although the supply chains
were heavily disrupted due to COVID, higher investments and incorporation of
ERP helped with the reinstatement of the supply chain for the online platforms
generated demands for various products. The supply chain impact of COVID-19
will spur manufacturers spendings on enterprise resource planning (ERP), to
reach $14 billion by 2027 in the country, thereby aiding the growth of the
United States ERP market in the future five years.
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Market Segmentation
The
United States ERP market is segmented by component, deployment type, function,
end user, enterprise, competitional landscape, and regional distribution. Based on component, the
market is differentiated between software and services. By deployment type, the
market is divided between on premises and cloud. Based on function, the market
is further segmented into finance, human resource, customer management,
inventory management, supply chain, and others. By end user, the market is fragmented
into manufacturing, BFSI, healthcare, retail, government & utilities, it
& telecom, and others. Based n enterprise, the market is bifurcated into
medium, large, and small enterprises. The market analysis also studies the
regional segmentation to devise regional market segmentation, divided among South
region, Mid west region, North East region, and West region.
Company Profile
IBM Corporation, SAP America,
Inc., Oracle Corporation, The Sage Group, LLC, Microsoft Corporation, Infor,
Inc., Epicor Software Corporation, ESI North America, Workday, Inc., Syspro
Impact Software, Inc.,
among others is a partial list of major market players of the companies
responsible for the growth of United States ERP market.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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·
Component
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Deployment Type
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Function
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End User
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Enterprise
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Regional scope
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South region, Mid west region, North East region, and West
region
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Key companies profiled
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IBM Corporation, SAP America, Inc., Oracle
Corporation, The Sage Group, LLC, Microsoft Corporation, Infor, Inc., Epicor
Software Corporation, ESI North America, Workday, Inc., Syspro Impact
Software, Inc.
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
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Report Scope:
In this report, United States ERP market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- United States ERP Market, By Component:
- United States ERP Market, By Deployment
Type:
- United States ERP Market, By Function:
- Finance
- Human Resource
- Customer Management
- Inventory Management
- Supply Chain
- Others
- United States ERP Market, By End
User:
- Manufacturing
- BFSI
- Healthcare
- Retail
- Government & Utilities
- IT & Telecom
- Others
- United States ERP Market, By
Enterprise:
- United States ERP Market, By
Region:
o South Region
o Mid west Region
o North East Region
o West Region
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United States ERP market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
United States ERP Market is an upcoming report to be released soon. If
you wish an early delivery of this report or want to confirm the date of
release, please contact us at [email protected]