The cloud-based enterprise resource planning (ERP) market growth is primarily driven by the increasing need for transparency and operational efficiency across business functions. Further, the demand is also propelled by burgeoning demand for ERP solutions from SMEs. However, the high operational cost of ERP may hinder the cloud-based enterprise resource planning (ERP) market growth. Also, implementation of tradition ERP is a time-consuming process, requires high upfront cost, and numerous hardware, software, as well as technical expertise. Whereas cloud-based ERP requires a lower upfront cost and offers a high return on ROI thus, it is a preferred solution over a traditional ERP system.

The "Global Cloud-based enterprise resource planning (ERP) Market Analysis to 2028" is a specialized and in-depth study of the cloud-based enterprise resource planning (ERP) industry with a focus on the global cloud-based enterprise resource planning (ERP) market trend. The report aims to provide an overview of the global cloud-based enterprise resource planning (ERP) market with detailed market segmentation by component, function, Industry, and geography. The global cloud-based enterprise resource planning (ERP) market is expected to witness high growth during the forecast period. The report includes key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The cloud-based enterprise resource planning (ERP) market research report offers a detailed overview of the industry including both qualitative and quantitative information. It also provides market size and forecast till 2028 for overall Cloud-based enterprise resource planning (ERP) market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting cloud-based enterprise resource planning (ERP) market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Cloud-based enterprise resource planning (ERP) Market report. Further, the report also includes ecosystem analysis for the cloud-based enterprise resource planning (ERP) market.

Also, key cloud-based enterprise resource planning (ERP) market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, and key developments in the past five years. Some of the key players influencing the cloud-based enterprise resource planning (ERP) market are SAP SE, Microsoft Corporation, Oracle Corporation, Epicor Software Corporation, Financialforce.Com, Plex Systems, Inc., Infor, Sage Software, Inc., Intacct Corporation, and Ramco Systems among others.