Report Sellers has added a new market research “ERP Software - Global Market Outlook (2016-2022)” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.
According to the report, the global ERP software market was $28.27 billion in 2015 and is poised to reach $47.26 billion by 2022, growing at a CAGR of 7.6% during the forecast period 2015 to 2022.
Some of the key drivers for the market growth include reduced operational cost in IT, surge in cloud technology and data transparency on real-time basis. However, high costs of ERP software and time-consuming ERP deployments are some of the factors inhibiting the ERP Software market.
(EIN Presswire)
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