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Cloud ERP Market worth $172.74 billion by 2029- Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., March 4, 2025 /PRNewswire/ — The global Cloud ERP Market will grow from USD 87.73 billion in 2024 to USD 172.74 billion by 2029 at a compounded annual growth rate (CAGR) of 14.5% during the forecast period, according to a new report by MarketsandMarkets™.

Remote accessibility in Cloud ERP enables employees to securely access business applications, data, and workflows from any location with an internet connection. This is critical for organizations with remote working policies, dispersed teams, or international operations and for smooth collaboration between departments. Cloud ERP offers real-time data synchronization, allowing workers to make informed decisions at the right time, increasing efficiency in financial management, supply chain management, and customer service. Cloud-based dashboards and mobile-friendly UIs also support increased accessibility, with users being able to monitor key metrics and perform tasks remotely. This is especially valuable in the manufacturing, retail, and logistics sectors, where real-time insights into sales, inventory, and operations are critical. Furthermore, cloud ERP vendors employ stringent security protocols for secure remote access, such as encrypted connections and multi-factor authentication. As companies adopt hybrid work structures, the need for cloud-based ERP offerings with strong remote features continues to expand.

Browse in-depth TOC on “Cloud ERP Market”

273 – Tables
 55 – Figures
310 – Pages

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Scope of the Report

Report Metrics

Details

Market size available for years

2018–2029

Base year considered

2023

Forecast period

2024–2029

Forecast units

USD (Billion)

Segments covered

Software, Application, Vertical and Region

Geographies covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America

Companies covered

SAP (Germany), Oracle (US), Microsoft (US), Intuit (US), Infor (US), Epicor (US), Sage Group (US), IFS (Sweden), Plex (US) and Acumatica (US).

Based on the software type, the entire suite segment is expected to hold the largest market share during the forecast period.

The entire suite segment is expected to dominate the Cloud ERP Market during the forecast period due to its comprehensive functionality, enabling businesses to manage end-to-end operations within a unified platform. In contrast to standalone applications, full-suite cloud ERP bundles core business functions such as finance, human resources, supply chain, and customer relationship management (CRM) and has seamless data integration and real-time information. This combined approach improves operational efficiency, streamlines IT and decision-making, and is the option for large business houses and growing mid-market organizations.

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Adoption is fostered by escalating demand for scalability, agility, and cost-effectiveness in cloud-enabled operations. Organizations are transitioning from conventional on-premise models to end-to-end cloud-based ERP solutions to improve flexibility and remote access. Key players, including SAP, Oracle, and Microsoft, are continuously changing their cloud ERP offerings with AI, automation, and analytics in support of business intelligence. In addition, sectors such as manufacturing, retail, and healthcare are going for full-suite ERP to simplify operations and boost compliance. As digital transformation is now a key concern for companies, the market will see increasing demand for combined cloud-based ERP solutions, thus fortifying the grip of the full-suite segment over the market.

Based on the vertical type, the IT & ITES segment is expected to grow at the highest CAGR during the forecast period.

The IT & ITES segment is expected to expand at the highest CAGR in the Cloud ERP Market because it is becoming more dependent on digital transformation, automation, and data-driven decision-making. IT and IT-enabled services (ITES) companies require scalable and flexible ERP solutions to manage complex workflows, optimize resource consumption, and enhance operational efficiency. Needs for immediate access to information, seamless collaboration, and integration with upcoming technologies such as AI, IoT, and analytics are driving the shift to cloud-based ERP. Cloud ERP also offers cost-effective deployment models, reducing up-front infrastructure costs and enabling IT & ITES organizations to scale up effectively.

Growing adoption of remote working, globalization, and distributed teams also fuels cloud ERP expansion in the sector, ensuring seamless operations and greater security for data processing. Major cloud ERP vendors such as SAP, Oracle, and Microsoft are increasingly adapting their products to meet the needs of IT & ITES companies, embedding cutting-edge automation and AI-powered insights. Additionally, data security and compliance requirements necessitate organizations implementing cloud ERP solutions with strong governance features. With IT & ITES firms growing and evolving further, the need for cloud ERP solutions will continue to be a significant growth driver in the market.

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Based on the applications, the inventory & order management segment is expected to hold the second largest market share during the forecast period.

The inventory & order management segment is expected to hold the second-largest market share in the Cloud ERP Market due to the rising need for real-time inventory tracking, automated stock management, and seamless order processing. Organizations from various industries, especially retail, e-commerce, and manufacturing, are adopting cloud ERP solutions to streamline supply chain operations, minimize stockouts, and enhance fulfillment efficiency. Using AI and analytics-based inventory forecasting further improves decision-making with the proper stock levels and reduced operational expenses.

Additionally, the shift toward omnichannel retailing and direct-to-consumer (DTC) models drives demand for cloud-based inventory and order management solutions that offer centralized visibility across multiple sales channels. Integrating with e-commerce platforms, warehouse management systems, and logistics companies enables businesses to automate order fulfillment and improve customer satisfaction. Cloud ERP’s scalability and flexibility allow organizations of all sizes to adopt advanced inventory management tools without incurring heavy initial capital outlay. Increasing demand for automation and real-time synchronizing procurement, warehousing, and sales processes makes this segment a pivotal part of cloud ERP adoption. With businesses continually focusing on efficiency and agility, this segment will witness continued growth throughout the forecast period.

Top Key Companies in Cloud ERP Market:

Some of the cloud ERP vendors are SAP (Germany), Oracle (US), Microsoft (US), Intuit (US), Infor (US), Epicor (US), Sage Group (US), IFS (Sweden), Plex (US) and Acumatica (US).

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

In addition, MarketsandMarkets SalesIQ enables sales teams to identify high-priority accounts and uncover hidden opportunities, helping them build more pipeline and win more deals with precision.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter LinkedIn and Facebook .

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Technology

Chaberton Energy RFP Seeks Farming Partners for two Maryland Agrivoltaics Projects

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Agrivoltaics co-locates solar facilities and agricultural activity while creating access to lower-cost energy for community members during a time of spiking prices.

Chaberton is partnering with Okovate Sustainable Energy to select farmers for the Montgomery County, Md., projects.

ROCKVILLE, Md., April 23, 2026 /PRNewswire/ — Chaberton Energy invites Maryland farmers to respond to two requests for proposal (RFPs) to farm up to 27 acres of land in Montgomery County as part of an agrivoltaics initiative. Agrivoltaics is the practice of co-locating solar power projects with farming activities.

This opportunity will provide selected farmers with access to land at no cost as well as compensation for vegetation management at the site. Chaberton is working with Okovate Sustainable Energy to solicit and evaluate proposals from farmers interested in using the land under and between the projects’ rows of solar panels for crop farming and/or animal grazing.

The RFPs come at a time when Maryland imports more than 40% of its electricity, leaving ratepayers exposed to volatile wholesale prices. These projects bring distributed solar closer to the communities that need it most, providing lower-cost energy to nearly 1,000 local households while supporting agricultural businesses in the area.

“These projects are among Montgomery County’s first agrivoltaics projects,” said Ryan Boswell, vice president of development for Chaberton Energy. “Everybody benefits when farmers, communities, local governments and energy developers work together toward a shared set of goals.”

The solar projects align with Maryland’s renewable energy and agricultural sustainability goals. Selected farmers will develop tailored farming plans for each site and seek the required review from the Montgomery County Office of Agriculture.

“Together we’re building out the energy network we need while keeping agricultural land productive,” said Miles Braxton, CEO and co-founder of Okovate. “This is an opportunity to provide land access to local farmers looking to expand or start their operations, while also leasing land for solar that helps meet the growing energy demand.”

Chaberton Solar Sugarloaf in Dickerson, Md., will have a generating capacity of 5.23 megawatts. It spans 19 acres, with 16 acres covered by the solar array and a 3-acre buffer zone. Approximately 10 acres of land in between solar panel rows and a total of 13 acres are available for agricultural use.

Chaberton Solar Ramiere in Poolesville, Md., is a 3.88 megawatt project spanning 11 acres, with approximately 8 acres covered by the solar array and a 2-acre buffer zone. Approximately 5 acres of land in between solar panel rows and a total of 7 acres are available for agricultural use.

Farmers or agricultural operators responding to the RFPs must submit a proposal that provides a clear vision for how they will utilize one or both agrivoltaics sites and outlines their approach to vegetation management, agricultural production and sustainable practices. Complete information as well as application forms are available at chaberton.com/RFP26.

About Chaberton Energy
Chaberton Energy is a public benefit corporation developing community-scale energy projects, with a focus on distributed solar and battery energy storage. A national developer with roots in the communities it serves, Chaberton is a two-time Inc. 5000 awardee, ranking in 2025 as the No. 53 fastest-growing private company in America and the No. 2 energy company on the list. With a commitment to creativity, excellence, and humanity, Chaberton’s team develops distributed solar and battery energy storage projects that improve grid reliability and resilience while lowering electricity costs for community members and businesses.

Media Contact
Lia Morrison 
lia.morrison@chaberton.com 
412-573-9095

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SOURCE Chaberton Energy

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Empire Asset Finance Adds Katharine Rudzitis as Vice President, Direct Originations

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Empire Asset Finance, LLC (“Empire”) has added Katharine Rudzitis as Vice President, Direct Originations, further expanding the firm’s direct origination capabilities as it continues to scale its equipment finance platform serving middle-market, private equity-sponsored, and non-sponsored companies.

NEW YORK, April 23, 2026 /PRNewswire-PRWeb/ — Empire Asset Finance, LLC (“Empire”) has added Katharine Rudzitis as Vice President, Direct Originations, further expanding the firm’s direct origination capabilities as it continues to scale its equipment finance platform serving middle-market, private equity-sponsored, and non-sponsored companies.

Rudzitis brings more than a decade of experience originating and executing asset-backed transactions for North American businesses. She partners closely with corporate borrowers, private equity sponsors, and advisors to deliver flexible, tailored equipment financing solutions across a wide range of company stages and credit profiles.

Prior to joining Empire, Rudzitis spent ten years at Macquarie Group, where she focused on providing equipment finance solutions for clients across the manufacturing, industrial, commodity, and technology sectors.

“Katharine brings deep experience navigating complex equipment and asset-backed transactions and a thoughtful, solutions-oriented approach to serving middle-market clients,” said Rick Rockhold, CEO of Empire. “She understands how to deliver flexible capital solutions that align with sponsor and borrower objectives, and we are excited to have her join Empire as we continue to grow our direct origination platform.”

“Her institutional background and disciplined approach to sourcing and executing transactions are highly aligned with how we operate,” said Mike Miroshnikov, Chief Operating Officer and Chief Credit Officer of Empire. “Katharine brings a strong ability to navigate complex situations, combined with a structured, process-driven mindset that supports consistency and high-quality outcomes across a wide range of client needs.”

In her role, Rudzitis will focus on expanding Empire’s direct origination efforts and deepening relationships with private equity sponsors, corporate borrowers, and advisors.

Rudzitis holds a BA in Mathematics, English, and Classics from Amherst College.

About Empire Asset Finance, LLC

Empire Asset Finance, LLC is a direct private credit lender focused on mid-to large-ticket equipment financing solutions for underserved middle-market companies. Backed by Arena Investors LP, Empire delivers flexible capital structures, white-glove service, and technology-driven execution that empowers businesses to grow while preserving liquidity.

About Arena Investors, LP

Arena Investors, LP is a global institutional asset manager founded in 2015 by Daniel Zwirn, a veteran investor with over two decades of experience building alternative asset platforms. Arena is a global multi-strategy investment firm with approximately $4.6 billion of assets under management and programmatic capital as of June 30, 2025. The firm is a subsidiary of Arena Investors Group Holdings (“AIGH”). AIGH, along with its affiliate, Ceres Life Insurance, comprises the Westaim Corporation (TSXV: “WED”), an integrated asset management and life insurance and annuity provider.

Media Contact

Rick Rockhold, Empire Asset Finance, LLC, 1 7189643439, rrockhold@empireassetfinance.com, http://www.empireassetfinance.com/ 

View original content:https://www.prweb.com/releases/empire-asset-finance-adds-katharine-rudzitis-as-vice-president-direct-originations-302751354.html

SOURCE Empire Asset Finance, LLC

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OverActive Media to Host Fourth Quarter 2025 Conference Call

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TORONTO, April 23, 2026 /CNW/ – OverActive Media Corp. (“OverActive” or the “Company”) (TSXV: OAM) (OTC: OAMCF) (WKN: A3CSPU) (FSE: 0RB), a global digital media, esports and entertainment company for today’s generation of fans will report its fourth quarter 2025 results after market close on Tuesday, April 28, 2026. The Company will hold a conference call the following day, call hosted by Adam Adamou, CEO and Co-Founder.

WHAT: Q4 2025 Earnings Conference Call

WHEN: Wednesday, April 29, 2026, at 9:00 a.m. ET
Please connect at least 15 minutes before the conference call.

PARTICIPANT INFORMATION

To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/4tu24C0 to receive an instant automated callback. 

You can also dial directly to be entered into the call by an operator.

Call Details: 416-945-7677 or 1-888-699-1199

The conference call will be webcast live in its entirety at 9:00 a.m. ET at https://app.webinar.net/lqrNZlWd29V, and it will be archived for three months.

Links to SEDAR filings and press releases are available on the investor website at https://overactivemedia.com/pages/filings

TELEPHONIC REPLAY

Call Details: 289-819-1450 or 1-888-660-6345
Encore Replay Entry Code: 96797 #
Encore Replay Expiration Date: Wednesday, May 6, 2026

About OverActive Media

OverActive Media Corp. (TSXV: OAM) (OTC:OAMCF) (WKN:A3CSPU) (FSE:0RB) is headquartered in Toronto, Ontario, with operations in Madrid, Spain and Berlin, Germany, is a premier global esports and entertainment company for today’s generation of fan. OverActive Media owns team franchises in professional esports leagues, including the Call of Duty League, operating as the Toronto KOI, the League of Legends EMEA Championship (LEC), operating as Movistar KOI, operating as Movistar KOI in other professional esports leagues and competitions. OverActive also operates ActiveVoices, an AI-driven content localization and monetization platform that enables creators and brands to expand their audiences globally and unlock new revenue streams through automated translation, dubbing, and distribution.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Overactive Media Corp.

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