Key regions: United Kingdom, China, Australia, Canada, United States
The Enterprise Resource Planning Software market in Switzerland has been on a steady rise in recent years, driven by various factors such as customer preferences and local special circumstances.
Customer preferences: Swiss customers have shown a growing demand for cloud-based ERP solutions that offer greater flexibility and scalability. This is due to the increasing need for businesses to access their data remotely and the desire for a more cost-effective solution. Additionally, customers are looking for ERP systems that can integrate with other business software such as CRM and HR software, to streamline their business processes and improve efficiency.
Trends in the market: One of the major trends in the Swiss ERP market is the adoption of Industry 4.0 technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI). This has led to the development of ERP systems that can analyze large amounts of data in real-time, providing businesses with valuable insights into their operations. Another trend is the increasing use of mobile ERP apps, which allow employees to access critical business data on their smartphones or tablets, regardless of their location.
Local special circumstances: Switzerland is known for its strong economy and highly skilled workforce, which has led to the development of a thriving tech industry. This has created a favorable environment for ERP vendors to operate in, with many businesses looking to invest in the latest technology to gain a competitive edge. Additionally, Switzerland has a large number of small and medium-sized enterprises (SMEs), which make up the majority of the country's businesses. These SMEs are increasingly turning to ERP software to manage their operations and improve their efficiency.
Underlying macroeconomic factors: Switzerland has a stable and prosperous economy, with a strong focus on innovation and technology. This has led to a favorable business environment, with many companies investing in the latest technology to stay ahead of the competition. Additionally, Switzerland has a highly skilled workforce, which has made it an attractive destination for foreign investment. This has led to an increase in the number of international companies operating in Switzerland, which has further driven the demand for ERP software.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
