Vietnam ERP market is anticipated
to register growth with an impressive CAGR in the forecast period, 2023-2027.
The market growth can be attributed to increasing demand for the managing the
day to day business activities within the organizations. Growing penetration of
global IT companies and their excellent services further drive the growth of
the Vietnam ERP market in the upcoming five years. Rapidly increasing
industrial organizations, and corporate offices along with the expansion of the
IT industry further supports the growth of the Vietnam ERP market in the next
five years. Recent market is also experiencing growth in the demand for the
affordable and effective multi-level functions of the businesses and
organizations that also aids to the market growth. With increased usage of
internet and internet of things, the incorporation of the processes with the
artificial intelligence also facilitates the growth of the Vietnam 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.
Expanding Applications Of ERP
Facilitates Market Growth
Rising adoption of the
integrated use of ERP into organizations and businesses drive the growth of the
Vietnam ERP market in the upcoming five years. Multiple organizations are
actively investing in the ERP implementations in their business across single
product business or multi-disciplinary business thus aiding the market growth.
Advantages of the use of ERP in process, management experience and best
practices in business along with its operational capacity, security, and
interoperability also influence the adaptation of the ERP systems and thus
substantiate the market growth.
Different industries and
businesses have different models of ERP to facilitate the business applications.
As in banking and finance companies use financial management ERP systems that
is integrated with the core business systems like core banking, core insurance.
For commercial businesses, functions like financial management, warehouse
management, purchasing and sales management are important sectors that ERP may
aid. Other advantages supporting the demand for ERP includes managing personnel
effectively, clear processes, eliminating duplication of work, quality control,
project management, etc.

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Market Segmentation
The
Vietnam 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 Northern Region, Central Region, and Southern Region.
Company Profile
IBM Vietnam Company, SAP Vietnam, Oracle
Vietnam Pte Ltd, Sage Software Asia Pte Ltd, Microsoft Vietnam, Infor Vietnam
Inc., Epicor Software Vietnam Company Limited, ESI Services Vietnam Co., Ltd., Workday,
Inc., Syspro Software Company,
among others is a partial list of major market players of the companies
responsible for the growth of Vietnam ERP market.
Attribute
|
Details
|
Base Year
|
2021
|
Historical Data
|
2017 – 2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023 – 2027
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
|
Report coverage
|
Revenue forecast, company share, competitive landscape, growth
factors, and trends
|
Segments covered
|
·
Component
·
Deployment Type
·
Function
·
End User
·
Enterprise
|
Regional scope
|
Northern Region, Central Region, and Southern Region
|
Key companies profiled
|
IBM Vietnam Company, SAP Vietnam, Oracle
Vietnam Pte Ltd, Sage Software Asia Pte Ltd, Microsoft Vietnam, Infor Vietnam
Inc., Epicor Software Vietnam Company Limited, ESI Services Vietnam Co.,
Ltd., Workday, Inc., Syspro Software Company
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
Delivery Format
|
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
Report Scope:
In this report, Vietnam ERP market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Vietnam ERP Market, By Component:
- Vietnam ERP Market, By Deployment
Type:
- Vietnam ERP Market, By Function:
- Finance
- Human Resource
- Customer Management
- Inventory Management
- Supply Chain
- Others
- Vietnam ERP Market, By End User:
- Manufacturing
- BFSI
- Healthcare
- Retail
- Government & Utilities
- IT & Telecom
- Others
- Vietnam ERP Market, By Enterprise:
- Vietnam ERP Market, By Region:
o Northern Region
o Central Region
o Southern Region
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Vietnam 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).
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please contact us at sales@techsciresearch.com
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