Enterprise Resource Planning Software - Egypt

The Enterprise Resource Planning Software market in Egypt is expected to witness a significant growth in the coming years.
According to projections, the revenue in this market is projected to reach US$40.05m in 2024.
Furthermore, the market is anticipated to exhibit a promising annual growth rate (CAGR 2024-2029) of 7.29%, resulting in a market volume of US$56.93m by 2029.
When it comes to the average Spend per Employee in the Enterprise Resource Planning Software market, it is estimated to reach US$1.21 in 2024.
This indicates the level of investment and expenditure dedicated to this software within organizations operating in Egypt.
In terms of global comparison, United States is expected to generate the highest revenue in the Enterprise Resource Planning Software market.
In 2024, the projected revenue for the United States is approximately US$26.70bn, showcasing its dominance in this sector.
Egypt is experiencing a growing demand for cloud-based ERP software solutions to streamline business operations and improve efficiency.

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

The Enterprise Resource Planning (ERP) Software market in Egypt has seen significant growth in recent years, with a rising number of businesses adopting ERP systems to improve their operations and increase efficiency.

Customer preferences: Many businesses in Egypt have shown a preference for cloud-based ERP systems, which offer greater flexibility, scalability, and cost-effectiveness compared to on-premise solutions. Additionally, there has been an increasing demand for mobile ERP solutions, which allow employees to access critical business data and applications on the go.

Trends in the market: One of the key trends in the ERP software market in Egypt is the adoption of artificial intelligence (AI) and machine learning (ML) technologies. These technologies are being integrated into ERP systems to enable better data analysis, predictive modeling, and automation of routine tasks. Another trend is the integration of ERP systems with other business applications, such as customer relationship management (CRM) and supply chain management (SCM) systems, to create more comprehensive business management solutions.

Local special circumstances: Egypt's economy has been growing steadily in recent years, with a focus on developing the country's infrastructure and attracting foreign investment. This has created a favorable business environment for companies looking to adopt ERP systems to streamline their operations and gain a competitive edge. Additionally, the government has been actively promoting the adoption of digital technologies, including ERP systems, as part of its efforts to modernize the economy.

Underlying macroeconomic factors: Egypt's strategic location and large population make it an attractive market for businesses looking to expand their operations in the Middle East and North Africa (MENA) region. The country's favorable business environment, coupled with its young and tech-savvy population, has also made it a hub for technology startups and innovation. Additionally, the government's focus on economic reform and infrastructure development has created a conducive environment for businesses to thrive and grow.

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

Forecasts:

We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

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