Latin America $2.73 Billion ERP Software Market Analysis By Deployment, Functions, Vertical, End-user And Segment Forecasts, 2014 - 2025 - Research and Markets

DUBLIN--()--The "Latin America ERP Software Market Analysis By Deployment, By Functions (Finance, HR, Supply Chain, Others), By Vertical, By End-user (Large Enterprises, Medium Enterprises, Small Enterprises) And Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.

The Latin America ERP software market is expected to reach USD 2.73 billion by 2025

ERP applications have helped many large-scale organizations to bring clarity and visibility in their business. With rapidly growing small and medium enterprises (SMEs) and adoption of evolving technology demand in SMEs is expected to grow over the forecast period. Furthermore, rising awareness among small & medium enterprises (SMEs) and increasing need for business process efficiency and transparency aid the market growth over the forecast period.

SMEs have been facing various barriers to the adoption of this technology because of expensive and less user-friendly nature of the software. Many SMEs in Brazil, Mexico, Chile, and Peru are still using old IT systems to operate their business. There is a growing need for adoption of upcoming IT systems to sustain in the competitive market. enterprise resource planning software helps the operation of core business processes including sales & distribution, supply chain management, accounting, financial control, and HR, which is expected to propel demand from various SMEs.

The cloud deployment segment is expected to witness a significant growth rate, due to its growing adoption, although the on-premise deployment segment is anticipated to dominate the market (in terms of size) by 2025. Cloud-based applications reduce IT infrastructure cost leading to the adoption of cloud-based application among enterprises.

The investment on cloud-connected mobile applications has increased as mobile owing to the growing penetration of Bring Your Own Device (BYOD) among the organizations. The vendors are developing cloud-based solutions that can be accessible via mobile platforms such as tablets and smartphones expected to influence the market growth further.

The key industry participants include IBM (U.S.A.), Oracle (U.S.A.), Microsoft (U.S.A.), SAP SE (Germany), Infor (U.S.A.), and Sage Group Plc (U.K.).

Key Topics Covered:

1 Research Methodology

2. Executive Summary

3. Industry Outlook

4. Latin America ERP software Market: Regional Estimates & Trend Analysis

5. Competitive Landscape

  • International Business Machines (IBM) Corporation
  • Oracle Corporation
  • Microsoft Corporation
  • SAP SE
  • Infor
  • Sage Group Plc
  • NetSuite, Inc.
  • Totvs S.A.
  • Unit4
  • Syspro

For more information about this report visit https://www.researchandmarkets.com/research/cc5h6m/latin_america_erp

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
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Fax (outside U.S.): +353-1-481-1716
Related Topics: Information Management

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Information Management