Market by Enterprise Size, Deployment, Application, Verticals, and Country | Forecast 2022-2028
Triton’s research report
insinuates that the Latin America enterprise resource planning market is
expected to advance at a CAGR of 6.93%
during the forecast period 2022-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries evaluated in the given region are:
•
Brazil
•
Mexico
•
Rest of Latin America
In
Latin America, Brazil captures the major market share. The region is among the major markets following
the Asia-Pacific, owing to the rising adoption of SaaS and cloud solutions
among SMEs. Further, there is a rise in legal regulations as the region has
become crucial for the US and UK. Other than this, the increasing adoption of
electronic invoicing systems has encouraged prominent companies like Oracle to
advance their ERP software in accordance with the regulations. Hence, these
developments are estimated to widen the scope and growth of the enterprise
resource planning market.
In Brazil, the expanding scope of end-user
industries is a major factor supporting the growth of the enterprise resource
planning market. The country has the highest logistical expenses than other
nations, with around 30% of the distribution cost representing logistics costs.
In this regard, ERP software is emerging as an ideal solution in managing the
logistics process. Besides, the public cloud sector has gained significant
momentum in the country. Hence, the cloud and hybrid ERP segment hold the
potential to grow in the next few years. These factors contribute heavily to
the studied market’s growth across the nation.
Mexico is considered to have a large e-commerce
space in the region with high annual spending. This growth can be attributed to
the surge in population and high internet penetration. The rising online orders
and growing need for advanced customer experience have compelled several
companies to deploy ERP solutions. Hence, this growth in e-commerce platforms
is anticipated to fuel Mexico’s enterprise resource planning market over the
forecast period.
Inventory management systems assist in tracking and monitoring stock and resource supplies to maximize profits. The ERP-integrated inventory systems comprise various features like inventory control order management, demand forecast, and orders audit. With technology advancement in cloud inventory management, it has become risk-free for companies to implement add-on software to their ERP systems. The market report is examined based on application, verticals, enterprise size, and deployment. The application segment is divided into inventory management, supply chain, finance, manufacturing module, human resource, customer management, and other applications.
Epicor Software Corporation offers
industry-specific software across manufacturing, distribution, retail, and
services companies. The company’s systems and services comprise enterprise
resource planning, supply chain management, human capital management, and financial
management. Epicor also offers business process consulting, custom solutions,
and implementation services. The company has operations across multiple
regions, including Latin America.
Epicor stated that Do it Best, a prominent
international home improvement cooperative, has established Epicor as its
solely endorsed POS vendor for member-owners. Here, the company will help
members benefit from various functionality, drive store sales, and support
supply chain management.
Key deliverables of the report:
• Market CAGR during the forecasting years 2022-2028
• Detailed data highlighting key insights, industry components, and
market strategies
• Comprehensive information and estimation of the enterprise
resource planning market revenue growth in Latin America and its influence on
the parent market
• In-depth study of forthcoming trends in consumer behavioral
patterns
• A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
• A wide-ranging study of factors that will challenge the LA
enterprise resource planning market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
1. LATIN
AMERICA ENTERPRISE RESOURCE PLANNING MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON ENTERPRISE RESOURCE PLANNING MARKET
2.2. PARENT
MARKET ANALYSIS: ENTERPRISE APPLICATION MARKET
2.3. TIMELINE
OF ENTERPRISE RESOURCE PLANNING (ERP)
2.4. KEY
INSIGHTS
2.4.1. EMERGENCE
OF CLOUD ERP
2.4.2. SOCIAL
NETWORKING IS GAINING IMPORTANCE AMONG ERP MERCHANTS
2.4.3. INTEGRATED
ERP IS ONE OF THE PROMINENT EMERGING TRENDS
2.4.4. ACQUISITION
HAS EMERGED AS A PRIMARY GROWTH STRATEGY
2.5. PORTER’S
FIVE FORCES ANALYSIS
2.5.1. THREAT
OF NEW ENTRANTS
2.5.2. THREAT
OF SUBSTITUTES
2.5.3. BARGAINING
POWER OF BUYERS
2.5.4. BARGAINING
POWER OF SUPPLIERS
2.5.5. THREAT
OF COMPETITIVE RIVALRY
2.6. KEY
IMPACT ANALYSIS
2.6.1. COMPATIBILITY
2.6.2. COST-EFFECTIVENESS
2.6.3. EASE
OF USE
2.6.4. SECURITY
2.7. MARKET
ATTRACTIVENESS INDEX
2.8. VENDOR
SCORECARD
2.9. INDUSTRY
COMPONENTS
2.10. KEY
MARKET STRATEGIES
2.10.1. MERGERS
& ACQUISITIONS
2.10.2. PRODUCT
LAUNCHES & DEVELOPMENTS
2.10.3. PARTNERSHIPS
& AGREEMENTS
2.10.4. BUSINESS
EXPANSIONS & DIVESTITURES
2.11. MARKET
DRIVERS
2.11.1. INCREASING
NEED TO DEVELOP COMPETITIVE STRATEGIES AND REAL-TIME DECISION-MAKING
2.11.2. GROWING
DEMAND FOR EFFICIENCY
2.12. MARKET
CHALLENGES
2.12.1. RISE
IN COMMON VULNERABILITIES AND EXPOSURES (CVE)
2.12.2. HIGH
COSTS LIMITING ERP SOFTWARE ADOPTION
2.12.3. EASY
AVAILABILITY OF OPEN-SOURCE ERP SOFTWARE
2.13. MARKET
OPPORTUNITIES
2.13.1. INCREASE
IN DEMAND FOR ERP
2.13.2. INTEGRATION
OF ERP WITH BIG DATA AND INTERNET OF THINGS (IOT)
3. LATIN
AMERICA ENTERPRISE RESOURCE PLANNING MARKET OUTLOOK - BY ENTERPRISE SIZE
3.1. LARGE
ENTERPRISES
3.2. MEDIUM
ENTERPRISES
3.3. SMALL
ENTERPRISES
4. LATIN
AMERICA ENTERPRISE RESOURCE PLANNING MARKET OUTLOOK - BY DEPLOYMENT
4.1. ON-PREMISE
4.2. CLOUD
4.3. HYBRID
5. LATIN
AMERICA ENTERPRISE RESOURCE PLANNING MARKET OUTLOOK - BY APPLICATION
5.1. FINANCE
5.2. HUMAN
RESOURCE (HR)
5.3. SUPPLY
CHAIN
5.4. CUSTOMER
MANAGEMENT
5.5. INVENTORY
MANAGEMENT
5.6. MANUFACTURING
MODULE
5.7. OTHER
APPLICATIONS
6. LATIN
AMERICA ENTERPRISE RESOURCE PLANNING MARKET OUTLOOK - BY VERTICALS
6.1. AUTOMOTIVE
6.2. RETAIL
6.3. MANUFACTURING
6.4. BANKING,
FINANCIAL SERVICES, & INSURANCE (BFSI)
6.5. GOVERNMENT
6.6. IT AND
TELECOM
6.7. HEALTHCARE
6.8. MILITARY
AND DEFENSE
6.9. OTHER
VERTICALS
7. LATIN
AMERICA ENTERPRISE RESOURCE PLANNING MARKET – REGIONAL OUTLOOK
7.1. BRAZIL
7.2. MEXICO
7.3. REST
OF LATIN AMERICA
8. COMPETITIVE
LANDSCAPE
8.1. DESKERA
HOLDINGS LTD
8.2. EPICOR
SOFTWARE CORPORATION
8.3. IBM
CORPORATION
8.4. IFS AB
8.5. INFOR
INC
8.6. IQMS
8.7. MICROSOFT
CORPORATION
8.8. ORACLE
CORPORATION
8.9. PLEX
SYSTEMS INC
8.10. QAD
INC
8.11. RAMCO
SYSTEMS LIMITED
8.12. THE
SAGE GROUP PLC
8.13. SAP SE
8.14. SYSPRO
LTD
8.15. UNIT4
NV
8.16. WORKDAY
INC
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 2: TIMELINE OF
ENTERPRISE RESOURCE PLANNING (ERP)
TABLE 3: VENDOR SCORECARD
TABLE 4: LIST OF MERGERS &
ACQUISITIONS
TABLE 5: LIST OF PRODUCT
LAUNCHES & DEVELOPMENTS
TABLE 6: LIST OF PARTNERSHIPS
& AGREEMENTS
TABLE 7: LIST OF BUSINESS
EXPANSIONS & DIVESTITURES
TABLE 8: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY ENTERPRISE SIZE, 2022-2028, (IN $
MILLION)
TABLE 9: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY DEPLOYMENT, 2022-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 11: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 12: LATIN
AMERICA ENTERPRISE RESOURCE PLANNING MARKET, BY COUNTRY, 2022-2028 (IN $
MILLION)
FIGURE 1: KEY BUYING IMPACT
ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY COMPONENTS
FIGURE 4: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY LARGE ENTERPRISES, 2022-2028 (IN $
MILLION)
FIGURE 5: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY MEDIUM ENTERPRISES, 2022-2028 (IN $
MILLION)
FIGURE 6: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY SMALL ENTERPRISES, 2022-2028 (IN $
MILLION)
FIGURE 7: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY ON-PREMISE, 2022-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY CLOUD, 2022-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY HYBRID, 2022-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY FINANCE, 2022-2028 (IN $ MILLION)
FIGURE 11: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY HUMAN RESOURCE (HR), 2022-2028 (IN $
MILLION)
FIGURE 12: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY SUPPLY CHAIN, 2022-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY CUSTOMER MANAGEMENT, 2022-2028 (IN $
MILLION)
FIGURE 14: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY INVENTORY MANAGEMENT, 2022-2028 (IN $
MILLION)
FIGURE 15: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY MANUFACTURING MODULE, 2022-2028 (IN $
MILLION)
FIGURE 16: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $
MILLION)
FIGURE 17: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)
FIGURE 18: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY RETAIL, 2022-2028 (IN $ MILLION)
FIGURE 19: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY MANUFACTURING, 2022-2028 (IN $ MILLION)
FIGURE 20: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY BANKING, FINANCIAL SERVICES, &
INSURANCE (BFSI), 2022-2028 (IN $ MILLION)
FIGURE 21: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY GOVERNMENT, 2022-2028 (IN $ MILLION)
FIGURE 22: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY IT AND TELECOM, 2022-2028 (IN $
MILLION)
FIGURE 23: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)
FIGURE 24: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY MILITARY AND DEFENSE, 2022-2028 (IN $
MILLION)
FIGURE 25: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, BY OTHER VERTICALS, 2022-2028 (IN $
MILLION)
FIGURE 26: LATIN AMERICA
ENTERPRISE RESOURCE PLANNING MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 27: BRAZIL ENTERPRISE
RESOURCE PLANNING MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: MEXICO ENTERPRISE
RESOURCE PLANNING MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: REST OF LATIN
AMERICA ENTERPRISE RESOURCE PLANNING MARKET 2022-2028 (IN $ MILLION)