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North America Cloud ERP Market Size, Share & Trends Analysis Report By Component (Solution and Services), By Organization Size, By Deployment Type (Hybrid, Public, and Private), By Function, By Vertical, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Oct 29, 2024
Length 154 Pages
SKU # KBV19301106

Description

North America Cloud ERP Market Size, Share & Trends Analysis Report By Component (Solution and Services), By Organization Size, By Deployment Type (Hybrid, Public, and Private), By Function, By Vertical, By Country and Growth Forecast, 2024 - 2031


The North America Cloud ERP Market would witness market growth of 17.2% CAGR during the forecast period (2024-2031).

The US market dominated the North America Cloud ERP Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $29,918.8 million by 2031. The Canada market is expected to witness a CAGR of 19.5% during (2024 - 2031). Additionally, The Mexico would experience a CAGR of 18.7% during (2024 - 2031).

The market refers to the industry and technological landscape associated with providing ERP software solutions via cloud computing platforms. Cloud ERP systems serve various applications, catering to various industries and organizational needs. They provide instant access to financial data, enabling organizations to generate reports in real-time. This leads to better cash flow management and informed decision-making. With frequent regulatory changes, cloud ERP can automatically update compliance protocols, reducing the risk of non-compliance and penalties.

Leveraging AI and machine learning, cloud ERP can analyze historical data and market trends to predict demand fluctuations, allowing for more accurate inventory management. Cloud ERP systems can provide dedicated portals for suppliers, enhancing collaboration and transparency across the supply chain. Cloud ERP integrates CRM functions to provide a comprehensive view of customer interactions, preferences, and purchase history, facilitating personalized marketing strategies. Chatbots and AI-driven support within cloud ERP systems can automate customer service inquiries, improving response times and satisfaction.

The e-commerce industry thrives on providing an exceptional customer experience, and cloud ERP systems play a crucial role in achieving this goal. By centralizing customer data and streamlining order management processes, these systems empower retailers to personalize interactions and respond to customer inquiries more efficiently. Canadian e-commerce companies can leverage real-time analytics to understand customer preferences and behaviour, allowing them to tailor their marketing strategies and enhance customer satisfaction. As consumers increasingly seek personalized and convenient shopping experiences, the demand for cloud ERP solutions that support these initiatives will continue to grow. Therefore, the region's rising e-commerce and retail sectors drive the market's growth.

Based on Component, the market is segmented into Solution and Services (Managed and Professional). Based on Organization Size, the market is segmented into Large Enterprises and Small and Medium Enterprises. Based on Deployment Type, the market is segmented into Hybrid, Public, and Private. Based on Function, the market is segmented into Finance, Operations, Human Resource, Marketing, and Sales. Based on Vertical, the market is segmented into BFSI, Manufacturing, Telecom & IT, Healthcare and Life Sciences, Government, Retail, Aerospace & Defense, Education, and Other Verticals. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • IBM Corporation
  • Microsoft Corporation
  • SAP SE
  • Hewlett Packard Enterprise Company
  • Oracle Corporation
  • Epicor Software Corporation
  • VMware, Inc. (Broadcom Inc.)
  • Infor, Inc. (Koch Industries)
  • Workday, Inc.
  • SYSPRO (Advent International)
North America Cloud ERP Market Report Segmentation

By Component
  • Solution
  • Services
  • Managed
  • Professional
By Organization Size
  • Large Enterprises
  • Small and Medium Enterprises
By Deployment Type
  • Hybrid
  • Public
  • Private
By Function
  • Finance
  • Operations
  • Human Resource
  • Marketing
  • Sales
By Vertical
  • BFSI
  • Manufacturing
  • Telecom & IT
  • Healthcare and Life Sciences
  • Government
  • Retail
  • Aerospace & Defense
  • Education
  • Other Verticals
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

154 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cloud ERP Market, by Component
1.4.2 North America Cloud ERP Market, by Organization Size
1.4.3 North America Cloud ERP Market, by Deployment Type
1.4.4 North America Cloud ERP Market, by Function
1.4.5 North America Cloud ERP Market, by Vertical
1.4.6 North America Cloud ERP Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, May – 2024, Aug) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Cloud ERP Market by Component
5.1 North America Solution Market by Region
5.2 North America Services Market by Region
5.3 North America Cloud ERP Market by Services Type
5.3.1 North America Managed Market by Region
5.3.2 North America Professional Market by Region
Chapter 6. North America Cloud ERP Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small and Medium Enterprises Market by Country
Chapter 7. North America Cloud ERP Market by Deployment Type
7.1 North America Hybrid Market by Country
7.2 North America Public Market by Country
7.3 North America Private Market by Country
Chapter 8. North America Cloud ERP Market by Function
8.1 North America Finance Market by Country
8.2 North America Operations Market by Country
8.3 North America Human Resource Market by Country
8.4 North America Marketing Market by Country
8.5 North America Sales Market by Country
Chapter 9. North America Cloud ERP Market by Vertical
9.1 North America BFSI Market by Country
9.2 North America Manufacturing Market by Country
9.3 North America Telecom & IT Market by Country
9.4 North America Healthcare and Life Sciences Market by Country
9.5 North America Government Market by Country
9.6 North America Retail Market by Country
9.7 North America Aerospace & Defense Market by Country
9.8 North America Education Market by Country
9.9 North America Other Verticals Market by Country
Chapter 10. North America Cloud ERP Market by Country
10.1 US Cloud ERP Market
10.1.1 US Cloud ERP Market by Component
10.1.1.1 US Cloud ERP Market by Services Type
10.1.2 US Cloud ERP Market by Organization Size
10.1.3 US Cloud ERP Market by Deployment Type
10.1.4 US Cloud ERP Market by Function
10.1.5 US Cloud ERP Market by Vertical
10.2 Canada Cloud ERP Market
10.2.1 Canada Cloud ERP Market by Component
10.2.1.1 Canada Cloud ERP Market by Services Type
10.2.2 Canada Cloud ERP Market by Organization Size
10.2.3 Canada Cloud ERP Market by Deployment Type
10.2.4 Canada Cloud ERP Market by Function
10.2.5 Canada Cloud ERP Market by Vertical
10.3 Mexico Cloud ERP Market
10.3.1 Mexico Cloud ERP Market by Component
10.3.1.1 Mexico Cloud ERP Market by Services Type
10.3.2 Mexico Cloud ERP Market by Organization Size
10.3.3 Mexico Cloud ERP Market by Deployment Type
10.3.4 Mexico Cloud ERP Market by Function
10.3.5 Mexico Cloud ERP Market by Vertical
10.4 Rest of North America Cloud ERP Market
10.4.1 Rest of North America Cloud ERP Market by Component
10.4.1.1 Rest of North America Cloud ERP Market by Services Type
10.4.2 Rest of North America Cloud ERP Market by Organization Size
10.4.3 Rest of North America Cloud ERP Market by Deployment Type
10.4.4 Rest of North America Cloud ERP Market by Function
10.4.5 Rest of North America Cloud ERP Market by Vertical
Chapter 11. Company Profiles
11.1 IBM Corporation
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Regional & Segmental Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Acquisition and Mergers:
11.1.6 SWOT Analysis
11.2 Microsoft Corporation
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.5.2 Acquisition and Mergers:
11.2.6 SWOT Analysis
11.3 SAP SE
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Regional Analysis
11.3.4 Research & Development Expense
11.3.5 Recent strategies and developments:
11.3.5.1 Partnerships, Collaborations, and Agreements:
11.3.5.2 Product Launches and Product Expansions:
11.3.6 SWOT Analysis
11.4 Hewlett Packard Enterprise Company
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expense
11.4.5 Recent strategies and developments:
11.4.5.1 Partnerships, Collaborations, and Agreements:
11.4.5.2 Acquisition and Mergers:
11.4.6 SWOT Analysis
11.5 Oracle Corporation
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Partnerships, Collaborations, and Agreements:
11.5.6 SWOT Analysis
11.6 Epicor Software Corporation
11.6.1 Company Overview
11.6.2 Recent strategies and developments:
11.6.2.1 Acquisition and Mergers:
11.7 VMware, Inc. (Broadcom Inc.)
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental and Regional Analysis
11.7.4 Research & Development Expense
11.7.5 SWOT Analysis
11.8 Infor, Inc. (Koch Industries)
11.8.1 Company Overview
11.8.2 Recent strategies and developments:
11.8.2.1 Partnerships, Collaborations, and Agreements:
11.8.2.2 Product Launches and Product Expansions:
11.8.2.3 Acquisition and Mergers:
11.8.3 SWOT Analysis
11.9 Workday, Inc.
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Regional Analysis
11.9.4 Recent strategies and developments:
11.9.4.1 Partnerships, Collaborations, and Agreements:
11.9.4.2 Product Launches and Product Expansions:
11.9.5 SWOT Analysis
11.10. Syspro (Advent International)
11.10.1 Company Overview

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