Cloud ERP Market Overview:
The Cloud ERP Market Research Report covers a detailed analysis of strategy, micro and macro market trends and scenarios, pricing analysis, and short-term market circumstances, as well as an in-depth look at the main rivals. The report covers future trends that are expected to drive the development of the Cloud ERP Market.
Anticipated Growth Rate for Cloud ERP Market:
Cloud ERP Market was valued at USD 72.20 Bn in 2023 and is expected to reach USD 165.69 Bn by 2030, at a CAGR of 12.6 % during the forecast period.
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Cloud ERP Market Recent Developments:
The cloud ERP (Enterprise Resource Planning) market in 2025 is experiencing rapid growth and innovation, driven by advancements in AI, increased demand for agility, and evolving enterprise needs. Here’s an overview of the latest developments:
Market Growth and Financial Highlights
- Market Expansion: The global cloud ERP market is projected to grow from $72.2 billion in 2023 to $130.5 billion by 2028, reflecting the increasing adoption of cloud solutions for their scalability and efficiency.
- Salesforce’s Performance: Salesforce has raised its fiscal 2026 revenue forecast to between $41 billion and $41.3 billion, up from a previous range of $40.5 billion to $40.9 billion. This growth is attributed to strong enterprise cloud spending and the monetization of its AI platform, Agentforce.
- SAP’s Cloud Revenue Surge: SAP reported a 36% increase in Cloud ERP Suite software sales, reaching €4.35 billion, with 30% of cloud contracts involving AI use. Technological Innovations
- Agentic AI Integration: ERP systems are evolving with Agentic AI, enabling them to proactively anticipate business needs and automate decision-making processes, enhancing operational efficiency.
- Low-Code/No-Code Platforms: The rise of low-code and no-code platforms allows business users to customize and extend their ERP systems without extensive coding knowledge, fostering agility and innovation.
- Generative AI Adoption: By 2026, it’s anticipated that 65% of organizations will leverage AI to bring immediate value to employees and the business, with tools like SAP’s Joule assisting in contextualizing data and providing insights.
Security and Compliance
- Enhanced Cybersecurity: As cloud ERP systems become more integral, there’s a heightened focus on cybersecurity, with advancements aimed at protecting sensitive business data and ensuring compliance with regulations.
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Cloud ERP Market Segmentation:
by Component
Solution
Services
by Function
Accounting and Finance
Sales and Marketing
Inventory and Order Management
Human Capital Management
The market is divided into four segments based on function: sales and marketing, inventory and order management, human capital management, and accounting and finance. The accounting and finance sector led the market in 2023 and is anticipated to continue to retain the biggest share of the cloud ERP market during the forecast period. This section contains a number of fundamental elements that are necessary for sound financial administration, including the general ledger, accounts payable, accounts receivable, budgeting and forecasting, and cash flow management.
by Vertical
Manufacturing & Services
BFSI
Healthcare
Retail
Government Utilities
Other
The market is divided into Manufacturing & Services, BFSI, Healthcare, Retail, Government Utilities, and Other segments based on vertical analysis. The Cloud ERP market share is anticipated to be highest during the forecast period, with the manufacturing and services category dominating the market in 2023. In the Cloud ERP (Enterprise Resource Planning) industry, the Manufacturing & Services category refers to the particular subset of industries that produce goods and offer a range of services.
by Organization Size
SMEs
Large enterprises
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Cloud ERP Market Key Players:
North America:
1. Oracle Corporation – Redwood City, California, USA
2. SAP SE – Walldorf, Germany (with a significant presence in North America)
3. Microsoft Corporation – Redmond, Washington, USA
4. Workday, Inc. – Pleasanton, California, USA
5. Infor – New York City, New York, USA
6. Salesforce – San Francisco, California, USA
7. Epicor Software Corporation – Austin, Texas, USA
8. NetSuite (Oracle NetSuite) – San Mateo, California, USA
9. Plex Systems, Inc. – Troy, Michigan, USA
10. Acumatica – Bellevue, Washington, USA
11. Cisco – San Jose, California
Europe:
12. Sage Group plc – Newcastle upon Tyne, United Kingdom
13. Unit4 – Utrecht, Netherlands
14. IFS – Linköping, Sweden
15. Exact Software – Delft, Netherlands
16. Visma – Oslo, Norway
Asia-Pacific:
17. Zoho Corporation – Chennai, India
18. Ramco Systems – Chennai, India
19. Deskera – Singapore
20. IFS (Asia-Pacific Division) – Singapore
21. Yonyou (Yonyou Software Co., Ltd.) – Beijing, China
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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