Singapore and Indonesia ERP Implementation Market Analysis

Deployment (On-Premises, Cloud, Hybrid)

The Singapore and Indonesia ERP implementation market is segmented and analyzed for demand and supply by deployment into on-premises, cloud, and hybrid. Out of these, the cloud segment is anticipated to garner the largest revenue share of 48% and 55% respectively by the end of 2037. This growth of segment in terms of revenue can be attributed to growing deployment of cloud services in organization. In Indonesia, about 76% of firms used cloud-based IT solutions in 2021, and approximately 82% of those same organizations felt that cloud-based tools helped them handle their business needs in COVID-19. Hence the adoption of cloud based ERP software is estimated to increase. With cloud-based ERP, an organization could access and save data on any device with an internet connection, typically with the purchase of a subscription. Further, with cloud-based ERP, businesses can run SaaS enterprise applications, which is also expected to contribute to the growth of the segment during the forecast period. Additionally, since large number of people prefer working from home the preference for cloud-based ERP is further expected to boost. Further, the cloud segment in Indonesia is anticipated to grow at the highest CAGR 15.80% over the forecast period. However, in Singapore, the hybrid segment is expected to grow at a highest CAGR of 13.29% over the forecast period.

By Enterprise Size (Small Enterprises, Medium Enterprises, Large Enterprises)

The Singapore and Indonesia ERP implementation market is also segmented and analyzed for demand and supply by enterprise size into small enterprise, medium enterprise, and large enterprise. Amongst these segment, the large enterprise segment is anticipated to hold the largest revenue of 47% and 58% respectively by 2037. The growth of the segment can be attributed to growing adoption of ERP software since they have bigger infrastructure and a bigger income stream. Additionally, the demand for enterprise resource management in the Singapore and Indonesian markets is anticipated to increase owing to the urgent requirement for securing key company assets and managing operational processes and technology. Large businesses have multiple locations; thus they need a system that could integrate numerous company functions on a large scale. However, the medium enterprise is anticipated to grow at the highest CAGR of 13.22% and 16.69% over the forecast period respectively.

Our in-depth analysis of the global market includes the following segments: