Enjoy complimentary customisation on priority with our Enterprise License!
The China enterprise resource planning market size is forecast to increase by USD 3.79 billion and is estimated to grow at a CAGR of 11.53% between 2023 and 2028. In today's business landscape, operational efficiency is a top priority for enterprises of all sizes. To address this need, Infor, a leading enterprise software provider, offers a comprehensive Enterprise Resource Planning (ERP) solution. This solution caters to both large corporations and Small and Medium Enterprises (SMEs), providing them with the tools to manage and streamline their business processes. Furthermore, with the increasing demand for transparency and visibility in supply chains, Infor's ERP solution offers robust traceability features, enabling businesses to gain real-time insights into their operations and make informed decisions. By implementing Infor's ERP solution, organizations can optimize their resources, improve collaboration, and enhance overall business performance.
For More Highlights About this Report, Request Free Sample
The market is witnessing significant growth due to the increasing adoption of IT technologies by Small and Medium-Sized Enterprises (SMEs) and large enterprises. Cloud-based ERP solutions are gaining popularity, with the adoption of cloud services and mobile devices becoming more prevalent. Open source ERP software is also on the rise, offering cost-effective alternatives to traditional on-premise ERP systems. Manufacturing businesses, in particular, are embracing ERP systems for efficient inventory management and supplier relationship management. Human resource management and customer relationship management are also key areas where ERP software is being implemented to streamline operations. Cloud-based ERP platforms are innovative and advancing technologies that enable data-driven decisions in real-time. They offer flexibility, accessibility, and cost savings, making them a preferred choice for businesses of all sizes. Mobile-friendly ERP solutions are also becoming increasingly important, allowing users to access critical business information from anywhere, at any time. Inventory costs are a major concern for manufacturing SMEs in China, and ERP systems help optimize inventory levels, reduce wastage, and improve supply chain efficiency. Large enterprises are also adopting ERP systems to streamline their complex operations and gain a competitive edge. Overall, the ERP market in China is expected to continue growing, driven by the adoption of cloud-based solutions and the increasing importance of mobile applications in business operations. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Growing focus on improving operational efficiency among enterprises is notably driving market growth. Enterprise Resource Planning (ERP) solutions are becoming increasingly popular among businesses in China, particularly Small and Medium-Sized Enterprises (SMEs), as they offer a data-driven approach to decision-making. Cloud-based ERP systems and mobile applications are driving the adoption of these solutions, enabling real-time access to critical business data from anywhere, at any time. Open source ERP software is also gaining traction, providing cost-effective alternatives for businesses looking to streamline their operations. ERP implementation allows organizations to integrate various business functions, such as inventory management, supplier relationship management, and customer relationship management, into a single system. Thus, such factors are driving the growth of the market during the forecast period.
Rising adoption of ERP among financial institutions is the key trend in the market. Enterprise Resource Planning (ERP) market is witnessing significant growth in China, particularly among small and medium-sized enterprises (SMEs) and manufacturing businesses. The increasing adoption of cloud-based applications, open source solutions, and mobile-friendly ERP systems are driving this trend.
Moreover, cloud deployment and mobile devices enable real-time, data-driven decisions, reducing inventory costs and improving supplier and customer relationship management. Large and medium enterprises in manufacturing sectors are also embracing ERP software for its innovative capabilities, such as human resource management and advanced technologies like AI and cognitive computing. Thus, such trends will shape the growth of the market during the forecast period.
High risk of cyberattacks on ERP software is the major challenge that affects the growth of the market. Enterprise Resource Planning (ERP) systems have become indispensable for businesses, particularly in sectors like manufacturing and healthcare, due to their ability to facilitate datadriven decisions. The adoption of cloud-based ERP applications and mobile technologies has been on the rise, enabling Small and Medium-Sized Enterprises (SMEs) and even Large Enterprises to streamline their operations.
Moreover, open source ERP software and cloud deployment options have made ERP implementation more accessible and cost-effective for businesses. Inventory costs, supplier relationship management, and customer relationship management are some of the key areas where ERP software provides significant benefits. Hence, the above factors will impede the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Epicor Software Corp: The company offers ERP solution such as cloud ERP software which simplifies business processes and maximizes ROI by eliminating time-consuming research.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The cloud segment is estimated to witness significant growth during the forecast period. Enterprise Resource Planning (ERP) market is witnessing significant growth due to the increasing adoption of cloud applications and mobile technologies by small and medium-sized businesses (SMEs) and large enterprises.
Get a glance at the market share of various regions Download the PDF Sample
The cloud segment was the largest segment and valued at USD 2.40 billion in 2018. IT technologies, such as cloud services and mobile devices, enable datadriven decisions in real-time, leading to increased efficiency and reduced inventory costs. Cloud-based ERP solutions offer flexibility and affordability, making them a popular choice for SMEs. Open source ERP software is also gaining traction due to its cost-effectiveness and customizability. Hence, such factors are fuelling the growth of this segment during the forecast period.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
You may also interested in below market reports:
Turkey - Enterprise Resource Planning (ERP) Market by Component, End-user and Deployment - Forecast and Analysis
Cloud Erp Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, Canada, Germany, China, Japan - Size and Forecast
ERP System Integration and Consulting Market by Application, Deployment and Geography - Forecast and Analysis
The market is witnessing significant growth due to the increasing adoption of IT technologies by Small and Medium-Sized Enterprises (SMEs) and large enterprises. The shift towards cloud-based ERP platforms is a major trend in the market, enabling data-driven decisions and reducing inventory costs. Mobile applications and cloud services have become essential for businesses, leading to the adoption of mobile-friendly ERP solutions. Manufacturing businesses, including Manufacturing SMEs, are major consumers of ERP software in China. The implementation of ERP systems helps streamline operations, improve supplier relationship management, and enhance customer relationship management. The market landscape depends on Cloud applications adoption, Cloud-based ERP, Medium-sized businesses, Patient record administration, Supply chain ERP module, Large enterprise, Medium enterprise, Supplier relationship management, Customer relationship management, Mobile-friendly ERP, Single tenant cloud-based ERP. Open-source ERP solutions are gaining popularity due to their cost-effectiveness and flexibility.
Cloud deployment and on-premise ERP systems are both in use, with cloud deployment gaining ground due to its ease of use and scalability. The market landscape depends on Construction, Aerospace, Cross-functional information, Productivity, Next-generation technologies, Blockchain, Digital assistants, Control of documents, Technological deployments, Supply chain management. Large enterprises and medium enterprises are adopting cloud-based ERP platforms, while SMEs are showing a preference for on-premise solutions. Innovative technologies such as Artificial Intelligence (AI), Machine Learning (ML), and Internet of Things (IoT) are being integrated into ERP systems to provide advanced capabilities, including Material Requirement Planning and Human Resource management. Key players in the Cloud ERP market in China include Acumatica, Intuit, Constellation Software, Azure OpenAI Service, and Montreal.
Market Scope |
|
Report Coverage |
Details |
Page number |
137 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11.53% |
Market growth 2024-2028 |
USD 3.79 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
10.45 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Dassault Systemes SE, Epicor Software Corp., Forterro UK Ltd., Fujitsu Ltd., Huawei Technologies Co. Ltd., Kingdee International Software Group Co. Ltd., Koch Industries Inc., Microsoft Corp., Neusoft Corp., Odoo SA, Oracle Corp., QAD Inc., Ramco Systems Ltd., Rockwell Automation Inc., Rootstock Software, Sage Group Plc, SAP SE, SYSPRO Pty. Ltd., Workday Inc., and YonYou Network Technology Co. Ltd. |
Market dynamics |
Parent market analysis, market report , market forecast , Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.