DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wkhdss/global_enterprise) has announced the addition of the "Global Enterprise Resource Planning (ERP) Software Industry 2012-2017: Trends, Profits and Forecast Analysis" report to their offering.
The global ERP software industry reached an estimated $47.5 billion in 2011 with 7.9% CAGR and is forecast to attain an estimated $67.7 billion by 2017 with 6.1% CAGR over 2012-2017. It is anticipated that cloud computing will facilitate remolding of the ERP (Enterprise Resource Planning) software industry with new opportunities to penetrate in the small and medium business sectors, and increasing reliance on InfoTech is expected to drive the industry over the forecast period.
The report focuses on North America, Europe, Asia Pacific, and Rest of the World. Currently, North America's dominance prevails in the industry. APAC and ROW witnessed the highest growth during 2006-2011, and this growth momentum is likely to continue during 2012-2017.
Some of the growth factors are economic growth, new emerging markets, and penetration of new industries. A few industry growth deterrents such as high cost of ERP implementation and currency fluctuations also surfaced.
This research report provides insights into the recent industry scope and overview, global macroeconomic overview, annual industry trend, emerging trends, industry forecasts, future opportunities, hazards, and the profitability analysis of the major industry players.
The data and analysis found in this report can be utilized for a variety of functional business reasons, including business development, strategic planning, determination of market size and trends, competitive analysis, investment decisions, and joint product development.
This comprehensive guide provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market's potential. This report will save clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global enterprise resource planning (ERP) software industry. In a fast-paced everchanging world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
For more information visit http://www.researchandmarkets.com/research/wkhdss/global_enterprise
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
