UAE ERP Market Projected to Grow at CAGR 13% till 2022
Growing number of small and medium enterprises, rising
BYOD trend and increasing government initiatives towards making the country the
most preferred business destination to propel UAE ERP market through 2022
According to TechSci Research report, “UAE
ERP Market By Deployment
Type, By Function, By End User, By Enterprise,
Competition Forecast & Opportunities, 2012 - 2022”, ERP market in the UAE is projected to exhibit a CAGR of over 13%
during 2017-2022. 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.
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24 market data Tables and 24 Figures spread through 119 Pages and an
in-depth TOC on "UAE ERP Market"
https://www.techsciresearch.com/report/uae-erp-market-by-deployment-type-on-premise-and-cloud-by-function-finance-human-resource-etc-by-end-user-manufacturing-bfsi-etc-by-enterprise-medium-large-and-small-competition-forecast-opportunities/956.html
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.
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“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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