| [May 03, 2012] |
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Research and Markets: Increasing demand from SMBs coupled with need for effective management will boost the Chinese ERP market, finds Netscribes
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/33sd34/erp_market_in_chin)
has announced the addition of the "ERP
Market in China 2012" report to their offering.
The ERP Market in China is part of Netscribes' Information Technology
Industry Series reports. The market will be boosted by increasing demand
from small and medium businesses (SMBs), expansion of ERP in new
industries together with the rising need for management effectiveness.
The report begins with the definition of ERP and its key characteristics
followed by its historical evolution and framework. The market overview
section provides global market size with growth potential for the period
2009-15. It also presents the revenue of global ERP vendors from ERP
software in 2010 and their market shares. Domestic ERP market overview
provides details on market size in terms of revenue and its growth for
the period 2010-16. This section furthe illustrates the average sales
revenue per enterprise during 2008-10. Further, the report exhibits the
market share of major ERP vendors in the high-end ERP segment in 2009
and the four distinct groups of ERP vendors existing in the market.
The report discusses the major aspects of ERP selection criteria,
followed by the various cost components of ERP installation.
The report covers the benefits of ERP implementation followed by the
factors influencing Chinese companies while during their decision
making. It also lists the Critical Success Factors (CSF) in ERP
implementation in China.
Key factors driving the growth of ERP market in China include wage
inflation, increasing demand from SMBs, penetration of ERP in new
industries, rising need for management effectiveness, rising automobile
production, and opportunity from cloud computing.
The report finds that wage inflation will be a catalyst for expanding
ERP usage in China. ERP is increasingly gaining popularity among the
SMBs that account for nearly 99% of the total Chinese enterprises. With
the major enterprises entering into new industries, usage of ERP will
increase to enhance their management systems. China's enterprise
management software market witnesses rapid growth owing to rising need
for cost-effectiveness. Growing automobile sector in China at 10% CAGR
during 2007-20 will drive software demands for automakers. Additionally,
Chinese government had invested over USD 100 mn in five cities for cloud
computing advancement in 2011.
Companies Mentioned
- Inspur Group
- Kingdee International Software Group Company Limited
- UFIDA Software Co. Ltd.
- Digital China Holdings Limited
- Hewlett-Packard Company
- International Business Machines Corp.
- Microsoft (News - Alert) Corporation
- Oracle Corporation
- QAD Inc.
- SAP AG
- Infor Global Solutions, Inc.
For more information visit http://www.researchandmarkets.com/research/33sd34/erp_market_in_chin

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