Manufacturing ERP Industry Share, Analysis, Statistics, Trends, Forecast Report, 2024

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Manufacturing ERP Market Pit Falls and Growth
Prospects from 2017 to 2024 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Manufacturing ERP Market

• North America manufacturing ERP market is
  expected to dominate in terms of revenue
  generation due to the increasing adoption of
  cloud solutions and high focus on the
  accumulation of customer data to aid in the
  decision-making process.
• The manufacturing ERP market in Asia Pacific is
  anticipated to have a high growth owing to the
  increasing number of entrants into automotive,
  pharmaceutical, garment, and consumer electronics
  manufacturing markets.

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• Application Analysis of Manufacturing ERP Market
  
• Demand for custom-designed software is
  anticipated to be high due to the varying
  requirements and end products that the company is
  manufacturing. For instance, firms in custom
  manufacturing require additional features and
  modules for greater flexibility with their supply
  chain management and production planning
  applications.
• Penetration of big data analytics is expected to
  generate an organizational demand for the
  manufacturing ERP market. The shift toward a
  customer-centric business has led to rising
  applications of big data analytics, which can aid
  in supply planning, output forecasting, and
  manufacturing process defect tracking and ERP
  software can allow organizations to gain higher
  flexibility and increase the visibility of
  critical data. This software can also let
  companies exchange data across business lines
  when users create it, allowing different parties
  to take advantage of that information.

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Competitive Market Share of Manufacturing ERP
Market

• Vendors operating in the global manufacturing ERP
  market include SAP SE, IQMS, Ramco Systems,
  NetSuite, Inc., Epicor Software Corporation, and
  Oracle.
• To sustain continuous growth in the marketplace,
  companies must undertake business strategies such
  as software development, expansion of solution
  offerings, acquisitions, mergers, and
  partnerships.

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