Europe Cloud ERP Market Forecast to 2030 - Regional Analysis - by Business Function (Finance and Accounting, Sales and Marketing, Inventory and Order Management, Human Capital Management, and Others), Organization Size (Large Enterprises and SMEs), and Vertical (Manufacturing, IT and Telecom, BFSI, Healthcare, Retail, Government, Aerospace and Defense, and Others)
The Europe cloud ERP market is expected to grow from US$ 7,817.05 million in 2022 to US$ 30,991.20 million by 2030. It is estimated to register a CAGR of 18.8% from 2022 to 2030.
Rising Adoption of Cloud ERP Solutions Across Various Verticals Fuels Europe Cloud ERP Market
The adoption of cloud ERP solutions is not limited to any one industry; they find applications in a range of verticals, including manufacturing, retail, healthcare, finance, government, and education. Each of these industries recognizes the value of cloud ERP in streamlining operations, reducing costs, and gaining a competitive edge. In a manufacturing company, cloud ERP is adopted to streamline production processes, manage inventory more efficiently, and improve supply chain visibility. A cloud-based ERP system allows real-time monitoring of production, demand, and inventory levels, leading to reduced lead times and cost savings. A retail chain with multiple locations implements cloud ERP to centralize its operations, manage inventory across stores, and optimize its supply chain. This leads to improved inventory turnover, reduced carrying costs, and a better shopping experience for customers. A healthcare provider, such as a hospital or a clinic, adopts cloud ERP to enhance patient management, electronic health records (EHR), and billing processes. The cloud ERP system also helps hospitals and clinics improve data accuracy, patient care, and revenue cycle management. A financial services firm integrates cloud ERP to automate and streamline financial operations, including accounting, payroll, and compliance, leading to better financial reporting, regulatory compliance, and cost control.
In each of these verticals, the adoption of cloud ERP is driven by the need for streamlined and efficient operations, improved data visibility, low operational costs, and enhanced customer or constituent experiences. Cloud ERP systems offer the flexibility, scalability, and accessibility needed to address these requirements, making them increasingly attractive to a wide range of businesses and organizations. Therefore, with the increasing adoption of cloud ERP solutions across various verticals, the cloud ERP market is growing significantly.
Europe Cloud ERP Market Overview
The Europe cloud ERP market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The increasing number of small and medium businesses in Europe is helping to accelerate the adoption of the cloud ERP market. Cloud ERP provides the optimization of core business processes. For instance, in December 2021, Sylob, an ERP solution from Forterro France, brought scalable cloud ERP to Europe's small and medium businesses. Sylob's cloud transformation with Portworx helped increase customer trust and drive growth. Cloud solutions accounted for 14% of revenue in 2019, doubled to 28% in 2020, and nearly doubled to 51% in 2021. Thus, the rising sales of the ERP cloud are expected to fuel the market expansion.
The digitization of the food sector is a strategic priority in the political agenda of European institutions. Cloud ERP will help to improve the competitiveness and efficiency of the sector offered by new technologies come together. Such type of development is helping to boost cloud ERP adoption in Europe. Various cloud ERP software market players expanded their cloud ERP presence in Europe. For instance, in November 2019, Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of Netherlands-based Schouw Informatisering, a full-service ERP provider for food companies. The acquisition of Schouw Informatisering is Aptean's latest investment in food-focused ERPs, expanding their offerings, cloud capabilities, and geographic reach. The acquisition will also strengthen Schouw Informatisering's leading position in the local market. This type of expansion is helping to boost the adoption of the cloud ERP market in Europe.
Europe Cloud ERP Market Revenue and Forecast to 2030 (US$ Million)
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Europe Cloud ERP Market Segmentation
The Europe cloud ERP market is segmented into business function, organization size, vertical, and country.
Based on business function, the Europe cloud ERP market is segmented into finance and accounting, sales and marketing, inventory and order management, human capital management, and others. The finance and accounting segment held the largest share of the Europe cloud ERP market in 2022.
In terms of organization size, the Europe cloud ERP market is bifurcated into large enterprises and SMEs. The large enterprises segment held a larger share of the Europe cloud ERP market in 2022.
By vertical, the Europe cloud ERP market is segmented into manufacturing, IT and telecom, BFSI, healthcare, retail, government, aerospace and defense, and others. The manufacturing segment held the largest share of the Europe cloud ERP market in 2022.
Based on country, the Europe cloud ERP market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany dominated the Europe cloud ERP market in 2022.
ACUMATICA, INC; Epicor Software Corp; Infor Inc; Microsoft Corp; Oracle Corp; Sage Group Plc; SAP SE; SYSPRO Proprietary Ltd; Unit4 Group Holding BV; and Workday Inc are some of the leading companies operating in the Europe cloud ERP market.
Table of Content
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Cloud ERP Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
5. Europe Cloud ERP Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Increasing Organizational Needs to Improve Staff Productivity and Efficiency
5.1.2 Rising Adoption of Cloud ERP Solutions Across Various Verticals
5.2 Restraints
5.2.1 Availability of Limited Customized Options for SaaS ERP Solutions
5.2.2 Possibility of Security Breach Issues
5.3 Opportunity
5.3.1 Increasing Government Initiatives for Digitalization of SMEs
5.3.2 Use of Mobile and Cloud Applications
5.4 Trends
5.4.1 Technological Advancements
5.4.2 Growing Implementation of Two-Tier ERP Systems
5.5 Impact of Drivers and Restraints:
6. Cloud ERP Market - Europe Market Analysis
6.1 Europe Cloud ERP Market Revenue (US$ Million), 2022 - 2030
6.2 Europe Cloud ERP Market Forecast and Analysis
7. Europe Cloud ERP Market Analysis - Business Function
7.1 Finance and Accounting
7.1.1 Overview
7.1.2 Finance and Accounting Market Revenue and Forecasts to 2030 (US$ Million)
7.2 Sales and Marketing
7.2.1 Overview
7.2.2 Sales and Marketing Market Revenue and Forecasts to 2030 (US$ Million)
7.3 Inventory and Order Management
7.3.1 Overview
7.3.2 Inventory and Order Management Market Revenue and Forecasts to 2030 (US$ Million)
7.4 Human Capital Management
7.4.1 Overview
7.4.2 Human Capital Management Market Revenue and Forecasts to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
8. Europe Cloud ERP Market Analysis - Organization Size
8.1 Large Enterprises
8.1.1 Overview
8.1.2 Large Enterprises Market Revenue and Forecasts to 2030 (US$ Million)
8.2 SMEs
8.2.1 Overview
8.2.2 SMEs Market Revenue and Forecasts to 2030 (US$ Million)
9. Europe Cloud ERP Market Analysis - Vertical
9.1 Manufacturing
9.1.1 Overview
9.1.2 Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
9.2 IT and Telecom
9.2.1 Overview
9.2.2 IT and Telecom Market Revenue and Forecasts to 2030 (US$ Million)
9.3 BFSI
9.3.1 Overview
9.3.2 BFSI Market Revenue and Forecasts to 2030 (US$ Million)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare Market Revenue and Forecasts to 2030 (US$ Million)
9.5 Retail
9.5.1 Overview
9.5.2 Retail Market Revenue and Forecasts to 2030 (US$ Million)
9.6 Government
9.6.1 Overview
9.6.2 Government Market Revenue and Forecasts to 2030 (US$ Million)
9.7 Aerospace and Defense
9.7.1 Overview
9.7.2 Aerospace and Defense Market Revenue and Forecasts to 2030 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
10. Europe Cloud ERP Market - Country Analysis
10.1 Europe
10.1.1 Europe Cloud ERP Market Overview
10.1.2 Europe Cloud ERP Market Revenue and Forecasts and Analysis - By Countries
10.1.2.1 France: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.1.1 France: Europe Cloud ERP Market Breakdown by Business Function
10.1.2.1.2 France: Europe Cloud ERP Market Breakdown by Organization Size
10.1.2.1.3 France: Europe Cloud ERP Market Breakdown by Vertical
10.1.2.2 Germany: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Germany: Europe Cloud ERP Market Breakdown by Business Function
10.1.2.2.2 Germany: Europe Cloud ERP Market Breakdown by Organization Size
10.1.2.2.3 Germany: Europe Cloud ERP Market Breakdown by Vertical
10.1.2.3 UK: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 UK: Europe Cloud ERP Market Breakdown by Business Function
10.1.2.3.2 UK: Europe Cloud ERP Market Breakdown by Organization Size
10.1.2.3.3 UK: Europe Cloud ERP Market Breakdown by Vertical
10.1.2.4 Italy: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Italy: Europe Cloud ERP Market Breakdown by Business Function
10.1.2.4.2 Italy: Europe Cloud ERP Market Breakdown by Organization Size
10.1.2.4.3 Italy: Europe Cloud ERP Market Breakdown by Vertical
10.1.2.5 Russia: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 Russia: Europe Cloud ERP Market Breakdown by Business Function
10.1.2.5.2 Russia Europe Cloud ERP Market Breakdown by Organization Size
10.1.2.5.3 Russia: Europe Cloud ERP Market Breakdown by Vertical
10.1.2.6 Rest of Europe: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.6.1 Rest of Europe: Europe Cloud ERP Market Breakdown by Business Function
10.1.2.6.2 Rest of Europe: Europe Cloud ERP Market Breakdown by Organization Size
10.1.2.6.3 Rest of Europe: Europe Cloud ERP Market Breakdown by Vertical
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. COMPANY PROFILES
12.1 ACUMATICA, INC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Infor Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Microsoft Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Oracle Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Sage Group Plc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 SAP SE
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Workday Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 SYSPRO Proprietary Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Epicor Software Corp
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Unit4 Group Holding BV
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 Word Index
List of Tables
Table 1. Europe Cloud ERP Market Segmentation
Table 2. Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Million) - Business Function
Table 4. Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Million) - Organization Size
Table 5. Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Million) - Vertical
Table 6. Europe Cloud ERP Market, by Country - Revenue and Forecast to 2030 (USD Million)
Table 7. France: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Business Function
Table 8. France: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Organization Size
Table 9. France: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Vertical
Table 10. Germany: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Business Function
Table 11. Germany: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Organization Size
Table 12. Germany: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Vertical
Table 13. UK: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Business Function
Table 14. UK: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Organization Size
Table 15. UK: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Vertical
Table 16. Italy: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Business Function
Table 17. Italy: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Organization Size
Table 18. Italy: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Vertical
Table 19. Russia: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Business Function
Table 20. Russia: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Organization Size
Table 21. Russia: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Vertical
Table 22. Rest of Europe: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Business Function
Table 23. Rest of Europe: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Organization Size
Table 24. Rest of Europe: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn) - By Vertical
Table 25. List of Abbreviation
List of Figures
Figure 1. Europe Cloud ERP Market Segmentation, By Country
Figure 2. Ecosystem: Europe Cloud ERP Market
Figure 3. Europe Cloud ERP Market - Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Europe Cloud ERP Market Revenue (US$ Million), 2022 & 2030
Figure 6. Europe Cloud ERP Market Share (%) - Business Function, 2022 and 2030
Figure 7. Finance and Accounting Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Sales and Marketing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Inventory and Order Management Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Human Capital Management Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Europe Cloud ERP Market Share (%) - Organization Size, 2022 and 2030
Figure 13. Large Enterprises Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. SMEs Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Europe Cloud ERP Market Share (%) - Vertical, 2022 and 2030
Figure 16. Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. IT and Telecom Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. BFSI Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Healthcare Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Retail Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Government Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Aerospace and Defense Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24. Europe Cloud ERP Market, By Key Country - Revenue (2022) (US$ Million)
Figure 25. Europe Cloud ERP market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 26. France: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 27. Germany: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 28. UK: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 29. Italy: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 30. Russia: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 31. Rest of Europe: Europe Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
1. ACUMATICA, INC
2. Epicor Software Corp
3. Infor Inc
4. Microsoft Corp
5. Oracle Corp
6. Sage Group Plc
7. SAP SE
8. SYSPRO Proprietary Ltd
9. Unit4 Group Holding BV
10. Workday Inc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe Cloud ERP Market.
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- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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