Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) — The “UAE ERP Market, Competition, Forecast & Opportunities, 2028” report has been added to ResearchAndMarkets.com’s offering.
The UAE ERP Market is anticipated to grow at a steady CAGR during the forecast period of 2024-2028. United Arab Emirates has undergone instant financial growth in recent years with a focus on differentiating its economy and decreasing its dependency on oil. As part of these efforts, many companies in the UAE are transferring to enterprise resource planning systems to modernize their operations and improve efficiency.
Enterprise Resource Planning (ERP) solutions are commonly used by organizations to manage their business in structural and standard way. In the current period, an ERP solution’s business functions have processed from minor aid and planning operations to whole business process integration, which includes major responsibilities and decision-making. An ERP software comprises several software modules, and every module concentration on certain business activities, including material purchasing, inventory control, accounting, finance, and HR. Also, to fulfil the needs of the companies, modules can be customized. The growing need for operational efficiency and transparency in business processes and escalating demand for ERP software from small & medium enterprises, are anticipated to drive the market growth. In addition, the growing adoption of cloud and mobile applications is estimated to progressively impact the growth of the market in the UAE. The high acceptance of ERP solutions in small and medium enterprises and the rapid change of modern business models are likely to provide better opportunities for the expansion of marketing planning resources in the coming years.
In conclusion, the country has shown tremendous results in the development of renewable energy, such as solar and wind, as well as other energy sources. This will impact the sales of ERP solutions in the region and thus, provide substantial growth in the UAE ERP market. The market is vastly encouraging with several companies providing energy-saving services in the region.
In this report, UAE ERP Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
UAE ERP Market, By Component:
UAE ERP Market, By Deployment Type:
UAE ERP Market, By Function:
- Human Resource
- Customer Management
- Inventory Management
- Supply Chain
UAE ERP Market, By End User:
- Government & Utilities
- IT & Telecom
UAE ERP Market, By Region:
- Abu Dhabi
- Rest of UAE
A selection of companies mentioned in this report includes
- IBM Middle East FZ. LLC
- SAP Middle East & North Africa (L.L.C)
- Oracle Corporation
- Sage Software Middle East fz-llc
- Doosan Heavy Industries UAE
- Microsoft Gulf FZ LLC
- Workday, Inc
- D2M Solutions Ltd (ESI Services)
- Epicor Software Middle East Ltd
- Infor FZ LLC
For more information about this report visit https://www.researchandmarkets.com/r/nebzl3
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