Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are growing penetration of mobile phones, rise in number of small & medium enterprises, surge in IT workforce in Singapore, and others.
The market is anticipated to attain a CAGR of 12.4% over the forecast period, i.e., 2023-2033.
Lack of skilled employees handling ERP software, strict rules & regulations set by government, and high price of ERP implementation estimated to be the growth hindering factors for the market expansion.
The major players in the market are SAP SE, Oracle, Microsoft, JMC Technologies Pte. Ltd., ABEO MANAGEMENT CORPORATION, and more.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by component, deployment model, enterprise size, business models, end user, and by region.
The medium enterprise segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
