DUBLIN — (BUSINESS WIRE) — June 22, 2011 — Research and Markets ( http://www.researchandmarkets.com/research/8ecdcf/erp_market_in_chin) has announced the addition of the " ERP Market in China 2010-2014" report to their offering.
SMBs in China Moving Towards ERP Implementation
Research conducted by Technavio reveals, that the Enterprise Resource Planning (ERP) market is expected to grow at a CAGR of 15.9 percent. The report, which focuses exclusively on China indicates, that the market is currently driven by the increasing demand from small and medium businesses (SMBs).
There is an increasing demand from the SMBs to improve their infrastructure and with spreading out of operations; they are facing the same challenges which were earlier faced by the bigger enterprises. SMBs account for more half the demand for ERP in China, reports Technavio analyst.
In spite of the need, the time consuming implementation process hinders the growth of this market. However, the favorable government policies are expected to promote market growth.
The Chinese ERP market is marked by the increasing adoption of the SaaS model. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, ERP Market in China 2010-2014 is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT analysis.
TechNavio's analysts forecast the ERP market in China will grow at a CAGR of 15.9 percent over the 2010-2014 period. One of the key factors contributing to this market growth is increasing demand from SMBs. The ERP market has also been witnessing increasing consolidation. However, slow implementation process and revenue turnaround time could pose a challenge to the growth of this market.
TechNavio's ERP Market in China 2010-2014 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on China and covers the core ERP market landscape; it does not include the revenue from additional ERP offerings such as Business Intelligence, Inventory Management, PLM, etc. Further, the report provides a discussion on the vendors providing ERP solutions to the end users and considers only the revenue coming from core ERP segment.
Key questions answered in this report: What will the market size be in 2014 and at what rate will it grow? What key trends is this market subject to? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?
- UFIDA Software Co. Ltd.
- Inspur Co.Ltd.
- Kingdee International Software Group Co. Ltd.
- SAP AG
- Oracle Corp.
For more information visit http://www.researchandmarkets.com/research/8ecdcf/erp_market_in_chin
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