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Latin America ERP Software Market Analysis 2014-2017 & 2025DUBLIN, August 21, 2017 /PRNewswire/ -- 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. 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.).
For more information about this report visit https://www.researchandmarkets.com/research/t7dcj7/latin_america_erp Media Contact: Research and Markets |