SMB Software Market by Deployment, Action, and Geography - Forecast and Analysis 2023-2027

Published: Mar 2023 Pages: 168 SKU: IRTNTR71085

The SMB software market is estimated to grow at a CAGR of 7.41% between 2022 and 2027. The size of the market is forecast to increase by USD 57.76 billion. The growth of the market depends on several factors, including increasing demand for cloud-based applications, the growing need to enhance business efficiency, and the increasing encouragement given for remote working.

This report extensively covers market segmentation by deployment (on-premise and cloud), application (media, telecommunication, consultants, and law firms), and geography(North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the SMB Software Market During the Forecast Period?

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SMB Software Market: Key Drivers, Trends, Challenges, and Customer Landscape

The growing demand for cloud-based applications is notably driving the SMB software market, although the lack of awareness about SMB software may impede the market growth. Our researchers analyzed the data with 2022 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.

Key SMB Software Market Driver

The rapid adoption of cloud-based applications by different businesses notably drives the SMB software market growth. The growing demand for cloud-based SMB software like ERP is primarily due to lower initial costs and faster implementation times. A cloud-based ERP can also offer a variety of other business benefits, such as process integrity and business consistency across the organization and access to applications by users, employees, and partners. Cloud-based SMB software solutions also eliminate the need for a dedicated IT support team to maintain and update software, eliminating the need for servers, storage, and computing resources for global organizations. Cloud-based SMB software solutions enable companies to effectively execute their business strategies and focus on their core business, not on rising IT costs. 

The proliferation of connected devices in small businesses is generating massive amounts of data. Businesses have realized that data can be used to optimize costs, deliver superior service, and increase revenue. As a result, small and midsize business models are changing globally from experience and perception driven to data-driven models. Companies are integrating automation and flexible production techniques into their manufacturing processes to increase business productivity. In addition to these benefits, predictive maintenance of assets can help businesses save money on planned repairs, reduce maintenance costs, and eliminate downtime. 

Significant SMB Software Market Trend

Increasing mergers and acquisitions between SMB software vendors and global multinational companies is a key trend influencing the SMB software market. Vendors in the market are adopting various strategies such as mergers and acquisitions, partnerships and collaborations to gain a competitive advantage over incumbent players. Here are some recent examples: In August 2020, Cisco Systems Inc. acquired ThousandEyes to strengthen its internet and cloud intelligence platform. Therefore, increasing acquisitions by SMB software vendors to strengthen their presence in the global SMB software market will have a positive impact on market growth during the forecast period. 

Increasing adoption of AI-enabled SMB software solutions is another key trend in the SMB software market. AI is designed and programmed to think and act like humans. AI is becoming increasingly popular because it can improve productivity and deliver accurate results in less time. By integrating ERP with AI and machine learning, you can analyze and extract useful data insights from numerous data sets that support decision-making. For example, an intelligent ERP platform can recommend which financial products to launch in which markets based on an analysis of a financial institution's business data. Additionally, by combining CRM and AI, businesses can derive meaningful insights from customer data that can be used to automate and personalize customer service. AI-optimized CRM solutions enable businesses to enhance internal processes through rapid automation, efficiently respond to customer service operations and increase personalization and responsiveness across operational processes.

Major SMB software market Challenge

Lack of awareness of SMB software in various developing countries is challenging the SMB software market. Most SMBs suffer from inefficient management of collection software. Recognizing the availability of SMB software can help you understand the cash recovery and loss threats your business faces. It also helps organizations implement cost-effective security measures. Collection software for SMBs emphasizes responsibilities related to collection policies and procedures. Currently, organizations in developing regions are new to SMB software and are concerned about the security of sensitive data. Therefore, the vendor should promote their upcoming SMB software solutions through trade shows, seminars, webinars, and other promotional events. Therefore, the lack of awareness is having a negative impact on the widespread adoption of SMB software solutions, impeding market growth during the forecast period. 

Along with this, the adoption of open-source MB software also poses a threat to the market. One of the major obstacles in the global SMB software market is the large number of open-source SMB software vendors. Free software for applications such as CRM, ERP, SCM, and other applications are readily available in the market. Additionally, the global SMB software market consists of various open-source vendors that provide various SMB software tools and applications. Combining multiple products from various open-source providers, organizations can cover almost anything that any on-premises or cloud-based enterprise application software provider has to offer.  Small businesses are the primary consumers of open-source enterprise application software due to their limited purchasing power. A limited IT budget motivates him to choose open-source SMB software. As a result, open-source SMB software is gaining popularity. Such factors are likely to adversely affect the market share of SMB software providers during the forecast period. 

Key SMB Software Market Customer Landscape

The 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 growth strategies.

Global SMB Software Market Customer Landscape

Who are the Major SMB Software Market Vendors?

Vendors 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.

Acumatica Inc: The company offers cloud ERP solutions to different industries. It also offers different SMB software solutions such as Acumatica Cloud ERP.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Accenture Plc
  • Alfresco Software Ltd.
  • Cisco Systems Inc.
  • Epicor Software Corp.
  • IFS World Operations AB
  • Infor Inc.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Newgen Software Technologies Ltd.
  • Open Text Corp.
  • Roper Technologies Inc.
  • Sage Group Plc
  • SAP SE
  • SYSPRO Pty. Ltd.
  • TOTVS SA

Qualitative and quantitative analysis of vendors 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 vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the SMB Software Market?

The market share growth by the on-premise segment will be significant during the forecast period. On-premise SMB software such as business management software, ERP software, customer relationship management software, logistics service software, debt collection software, and cloud solutions are preferred for good system security. Using such software solutions requires a robust IT infrastructure. Perpetual license fees for on-premises software include recurring fees for support, training, and software updates. 

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The on-premise segment was valued at USD 63.42 billion in 2017 and continued to grow until 2021. The on-premises model manages hardware and software on-premises for small businesses, giving users control over their systems and data. Additionally, certain highly regulated industries prefer not to store sensitive data in public cloud environments. Several vendors, such as SAP SE and Oracle Corp, offer on-premise SMB software, such as logistics services software for warehousing and transportation management. It is more expensive than cloud-based SMB software as it requires a large investment in on-premises hardware and software licenses. However, on-premises debt collection software is safe as there is no third-party interference. The adaptability and high level of data security offered by the on-premises delivery model are the main drivers of revenue growth in this segment. 

Which are the Key Regions for the SMB Software Market?

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North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America's dominance in the market is primarily due to the availability of adequate IT infrastructure that has supported the growth of the regional market for several years. Cross-industry organizations in North America are improving business processes to increase customer satisfaction and gain a competitive advantage in global markets. This is expected to increase the demand for SMB software during the forecast period. Additionally, due to the growing need for supply chain planning and execution software for organizations operating in the region to manage their supply chains more efficiently and effectively, SMB software is expected to grow in demand. 

In 2020, the North American SMB software market experienced a slowdown in growth due to the COVID-19 outbreak. The outbreak has led to an economic downturn that hinders trade in North America. The temporary closure of IT companies, industries, institutions, and multiple sectors has halted recruitment, SCM, and operational processes and reduced the use of SMB software. Restricted adoption of SMB software in the region subsequently hampered the potential growth of the market in the region in 2020. However, the adoption of remote-based work by different IT companies led to the requirement of cloud-based SMB software for their operational procedures. Such measures are expected to drive the growth of the market in the region during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Deployment Outlook (USD Billion, 2017 - 2027)
    • On-premise
    • Cloud
  • Application Outlook (USD Billion, 2017 - 2027)
    • Media
    • Telecommunication
    • Consultants
    • Law firms
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Parent Market Analysis

Technavio classifies the global SMB software market as part of the global application software market within the global IT software market. The overall global application software market includes companies involved in the development and manufacture of application and system software. This includes companies that provide database management software. The global application software market includes companies involved in developing and manufacturing software designed for specialized applications for the business or consumer markets. This includes business and technical software as well as cloud-based software. 

SMB Software Market Scope

Report Coverage

Details

Page number

168

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.41%

Market growth 2023-2027

USD 57.76 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

7.05

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 34%

Key countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Accenture Plc, Acumatica Inc., Alfresco Software Ltd., Cisco Systems Inc., Epicor Software Corp., IFS World Operations AB, Infor Inc., International Business Machines Corp., Microsoft Corp., Newgen Software Technologies Ltd., Open Text Corp., Roper Technologies Inc., Sage Group Plc, SAP SE, SYSPRO Pty. Ltd., TOTVS SA, Unit4 Group Holding B.V., Workday Inc., Xero Ltd., and Oracle Corp.

Market dynamics

Parent market analysis, 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.

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What are the Key Data Covered in this SMB Software Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the SMB software market between 2023 and 2027
  • Precise estimation of the size of the SMB software market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of SMB software market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global SMB software market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global SMB software market 2017 - 2021 ($ billion)
    • 4.2 Deployment Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Deployment Segment 2017 - 2021 ($ billion)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Deployment

    • 6.1 Market segments
      • Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)
    • 6.2 Comparison by Deployment
      • Exhibit 32: Chart on Comparison by Deployment
      • Exhibit 33: Data Table on Comparison by Deployment
    • 6.3 On premise - Market size and forecast 2022-2027
      • Exhibit 34: Chart on On premise - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on On premise - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on On premise - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on On premise - Year-over-year growth 2022-2027 (%)
    • 6.4 Cloud - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Cloud - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Cloud - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Cloud - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Cloud - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Deployment
      • Exhibit 42: Market opportunity by Deployment ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Deployment ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 44: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 46: Chart on Comparison by Application
      • Exhibit 47: Data Table on Comparison by Application
    • 7.3 Media - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Media - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Data Table on Media - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 50: Chart on Media - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Media - Year-over-year growth 2022-2027 (%)
    • 7.4 Telecommunication - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Telecommunication - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on Telecommunication - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on Telecommunication - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Telecommunication - Year-over-year growth 2022-2027 (%)
    • 7.5 Consultants - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Consultants - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Consultants - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Consultants - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Consultants - Year-over-year growth 2022-2027 (%)
    • 7.6 Law firms - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Law firms - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Law firms - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Law firms - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Law firms - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Application
      • Exhibit 64: Market opportunity by Application ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Canada - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 China - Market size and forecast 2022-2027
      • Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Acumatica Inc.
              • Exhibit 119: Acumatica Inc. - Overview
              • Exhibit 120: Acumatica Inc. - Product / Service
              • Exhibit 121: Acumatica Inc. - Key offerings
            • 12.4 Cisco Systems Inc.
              • Exhibit 122: Cisco Systems Inc. - Overview
              • Exhibit 123: Cisco Systems Inc. - Business segments
              • Exhibit 124: Cisco Systems Inc. - Key news
              • Exhibit 125: Cisco Systems Inc. - Key offerings
              • Exhibit 126: Cisco Systems Inc. - Segment focus
            • 12.5 Epicor Software Corp.
              • Exhibit 127: Epicor Software Corp. - Overview
              • Exhibit 128: Epicor Software Corp. - Product / Service
              • Exhibit 129: Epicor Software Corp. - Key offerings
            • 12.6 IFS World Operations AB
              • Exhibit 130: IFS World Operations AB - Overview
              • Exhibit 131: IFS World Operations AB - Product / Service
              • Exhibit 132: IFS World Operations AB - Key offerings
            • 12.7 Infor Inc.
              • Exhibit 133: Infor Inc. - Overview
              • Exhibit 134: Infor Inc. - Product / Service
              • Exhibit 135: Infor Inc. - Key news
              • Exhibit 136: Infor Inc. - Key offerings
            • 12.8 International Business Machines Corp.
              • Exhibit 137: International Business Machines Corp. - Overview
              • Exhibit 138: International Business Machines Corp. - Business segments
              • Exhibit 139: International Business Machines Corp. - Key offerings
              • Exhibit 140: International Business Machines Corp. - Segment focus
            • 12.9 Microsoft Corp.
              • Exhibit 141: Microsoft Corp. - Overview
              • Exhibit 142: Microsoft Corp. - Business segments
              • Exhibit 143: Microsoft Corp. - Key news
              • Exhibit 144: Microsoft Corp. - Key offerings
              • Exhibit 145: Microsoft Corp. - Segment focus
            • 12.10 Oracle Corp.
              • Exhibit 146: Oracle Corp. - Overview
              • Exhibit 147: Oracle Corp. - Business segments
              • Exhibit 148: Oracle Corp. - Key news
              • Exhibit 149: Oracle Corp. - Key offerings
              • Exhibit 150: Oracle Corp. - Segment focus
            • 12.11 Roper Technologies Inc.
              • Exhibit 151: Roper Technologies Inc. - Overview
              • Exhibit 152: Roper Technologies Inc. - Business segments
              • Exhibit 153: Roper Technologies Inc. - Key offerings
              • Exhibit 154: Roper Technologies Inc. - Segment focus
            • 12.12 Sage Group Plc
              • Exhibit 155: Sage Group Plc - Overview
              • Exhibit 156: Sage Group Plc - Business segments
              • Exhibit 157: Sage Group Plc - Key offerings
              • Exhibit 158: Sage Group Plc - Segment focus
            • 12.13 SAP SE
              • Exhibit 159: SAP SE - Overview
              • Exhibit 160: SAP SE - Business segments
              • Exhibit 161: SAP SE - Key news
              • Exhibit 162: SAP SE - Key offerings
              • Exhibit 163: SAP SE - Segment focus
            • 12.14 SYSPRO Pty. Ltd.
              • Exhibit 164: SYSPRO Pty. Ltd. - Overview
              • Exhibit 165: SYSPRO Pty. Ltd. - Product / Service
              • Exhibit 166: SYSPRO Pty. Ltd. - Key offerings
            • 12.15 TOTVS SA
              • Exhibit 167: TOTVS SA - Overview
              • Exhibit 168: TOTVS SA - Product / Service
              • Exhibit 169: TOTVS SA - Key offerings
            • 12.16 Unit4 Group Holding B.V.
              • Exhibit 170: Unit4 Group Holding B.V. - Overview
              • Exhibit 171: Unit4 Group Holding B.V. - Product / Service
              • Exhibit 172: Unit4 Group Holding B.V. - Key offerings
            • 12.17 Workday Inc.
              • Exhibit 173: Workday Inc. - Overview
              • Exhibit 174: Workday Inc. - Product / Service
              • Exhibit 175: Workday Inc. - Key news
              • Exhibit 176: Workday Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 177: Inclusions checklist
                • Exhibit 178: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 179: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 180: Research methodology
                • Exhibit 181: Validation techniques employed for market sizing
                • Exhibit 182: Information sources
              • 13.5 List of abbreviations
                • Exhibit 183: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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