New York, NY, May 04, 2017 --(PR.com
)-- According to TechSci Research report, “UAE ERP Market By Deployment Type, By Function, By End User, By Enterprise, Competition Forecast & Opportunities, 2012 - 2022,” the ERP market in the UAE is projected to exhibit a CAGR of over 13% during 2017-2022. The ERP market in the country grew at a significant pace over the past few years, owing to increasing number of SMEs and rising government initiatives, such as Smart Dubai and UAE Vision 2021. Furthermore, rising adoption of cloud computing, increasing implementation of ERP solutions to boost efficiency and transparency in operations coupled with growing focus of the government toward modelling laws and policies to accelerate digitalization in most of the industries are further expected to propel UAE ERP market during the forecast period.
Browse 24 market data Tables and 24 Figures spread through 119 Pages and an in-depth TOC on "UAE ERP Market"
Anticipated growth in the country’s manufacturing sector is anticipated to increase demand for ERP solutions in the coming years. Moreover, BFSI sector is among the leading end users of ERP solutions in the country. Both of these sectors, manufacturing and BFSI, are expected to continue their market dominance through 2022 in the UAE ERP market. SAP is among the global leaders for ERP solutions, and the company is also the largest ERP player in the UAE. Oracle, Sage, Infor and Microsoft are other prominent ERP players operating in the country.
“Companies are now looking towards differentiating their products from competitors and are focusing on building unique brand image, as the level of competition is increasing at a drastic pace in the UAE. Thus, to reduce operating cost, an increasing number of companies are adopting ERP solutions that help them in maximizing efficiency. Moreover, in addition to higher operational efficiency, increasing demand for transparency, coupled with favorable government initiatives to make the country one of the most preferred business destinations, are expected to positively influence UAE ERP market during 2017-2022,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“UAE ERP Market By Deployment Type, By Function, By End User, By Enterprise, Competition Forecast & Opportunities, 2012 - 2022” has evaluated the future growth potential of UAE ERP market, and provides statistics and information on market structure, size, share and future growth in the market. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the UAE ERP market.
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