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COVID-19 Impact & Recovery Analysis - Enterprise Resource Planning (ERP) Software Market (2020-2024) | Growing Focus of Modern SMEs to Boost Growth | TechnavioThe global enterprise resource planning software market size is poised to grow by USD 19.52 billion during 2020-2024, progressing at a CAGR of almost 9% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201023005242/en/ Technavio has announced its latest market research report titled Global Enterprise Resource Planning (ERP) Software Market 2020-2024 (Graphic: Business Wire) ERPs are being implemented across SMEs for the better management of their business operations while offering improved collaboration, simplified compliance, productivity, and risk management. Additionally, ERPs are also being adopted as they offer effective planning and streamlining of data under one platform, which helps in regulating operational costs, enhancing decision-making, and increasing sales. With the growing focus of modern SMEs towards improving their operational and business process efficiency, the adoption of ERP software will increase, fueling the growth of the ERP software market size. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Report Highlights:
View market snapshot before purchasing Rising Adoption of ERP by Financial Institutions will be a Key Market Trend The rising adoption of ERP by financial institutions, one of the key market trends, will also drive market growth. Financial institutions including credit unions, trust companies, and insurance sectors are adopting technologies including blockchain, machine learning, and cognitive computing for enhancing their business operations. Additionally, these institutions are also adopting ERP for lowering their financial costs and risks. ERP integrated with blockchain further enables new ways of managing financial assets, resulting in increased adoption of the ERP software during the forecast period. This coupled with the demand for ERP software from SMEs will drive ERP software market growth during the forecast period. Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report Enterprise Resource Planning Software Market 2020-2024: Key Highlights
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Executive Summary Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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