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(IT-NEWSWIRE.COM, August 05, 2024 ) Cloud ERP (Enterprise Resource Planning) is an ERP software solution that are hosted on cloud computing infrastructure and accessed over the internet.
The Cloud ERP market has been experiencing significant growth in recent years, driven by increasing adoption of cloud computing technologies and the growing demand for modern, digital-first business solutions. According to various market research reports, the Cloud ERP market is expected to continue growing at a robust pace in the coming years.
North America dominated the market in 2023 and is expected to hold the largest Cloud ERP Market share over the forecast period. Many organizations in North America are undergoing digital transformation to modernize their business processes and stay competitive. Cloud ERP offers scalability, allowing businesses to easily adjust resources and capabilities according to their changing needs, which is expected to boost the Cloud ERP Market growth.
The United States leads the North American Cloud ERP market due to its vast economy and technological innovation, while Canada's market is growing significantly, driven by a strong economy and increasing digitalization across industries.
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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
By Vertical
Manufacturing & Services
BFSI
Healthcare
Retail
Government Utilities
Other
By Organization Size
SMEs
Large enterprises
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Cloud ERP Market Key Players:
Oracle Corporation
Workday, Inc.
Sage Group plc
Unit4
Zoho Corporation
Ramco Systems
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Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:
The Bare Metal Cloud Market size was valued at USD 8.5 Billion in 2023 and the revenue is expected to grow at a CAGR of 17.2% from 2024 to 2030, reaching nearly USD 25.82 Billion by 2030.
The B2B Payments Market size was valued at USD 1603.32 Billion in 2023 and the revenue is expected to grow at a CAGR of 9.42% from 2024 to 2030, reaching nearly USD 3010.91 Billion by 2030.
About Maximize Market Research
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.
MAXIMIZE MARKET RESEARCH PVT. LTD.
L Godage
09607365656
sales@maximizemarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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