Enterprise Resource Planning Software - Eastern Europe
Eastern Europe- The Enterprise Resource Planning Software market in Eastern Europe is expected to witness significant growth in the coming years.
- According to projections, the market revenue is anticipated to reach US$871.77m by 2025.
- Moreover, the market is expected to exhibit a robust compound annual growth rate (CAGR) of 17.49% from 2025 to 2029, resulting in a market volume of US$1.66bn by the end of the forecast period.
- In terms of spending, the average Spend per Employee in the Eastern European Enterprise Resource Planning Software market is projected to reach US$7.40 in 2025.
- This indicates the level of investment and importance placed on such software solutions in the region.
- When comparing the global market, it is worth noting that United States is expected to generate the highest revenue in the Enterprise Resource Planning Software market industry, with a projected revenue of US$27.82bn in 2025.
- This highlights the dominance of the US market in this segment.
- In Eastern Europe, the growing demand for Enterprise Resource Planning Software is driven by the need for streamlined and efficient business operations.
Definition:
The Enterprise Resource Planning (ERP) Software market covers software applications that support organizations in managing, integrating, and optimizing important business activities related to resources such as people, finance, capital, materials, and orders. These software applications help organizations to streamline their internal business processes, increase efficiency, and make more informed decisions.
Products in the Enterprise Resource Planning Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.
Additional Information:
The Enterprise Resource Planning Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).
Key players in this market include SAP, Intuit Inc., Oracle, Infor, and Sage.
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- Financial applications, such as QuickBooks, Oracle NetSuite, and Xero
- Asset management applications, such as Asset Panda, ManageEngine AssetExplorer, and GoCodes
- Procurement software, such as SAP Ariba, Kissflow, and Procurify
- Resource planning, such as Smartsheet, Float, and Hub Planner
- SCM Software, such as Anvyl, Tada, and Magaya Supply Chain
- BI software, such as Microsoft Power BI, SAS Business Intelligence, and MicroStrategy
- CRM software, such as Salesforce Sales Cloud, Monday sales CRM, and HubSpot CRM
