Global Open Source ERP Market Report, 2022-2027 – Industry Dominated by iDempiere, xTuple, and Dolibarr – ResearchAndMarkets.com – Business Wire

DUBLIN--(BUSINESS WIRE)--The "Global Open Source ERP Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022-2027)" report has been added to ResearchAndMarkets.com's offering.

The global market size of open source ERP software has grown at a moderate pace over the past few years, and the market is estimated to grow at a CAGR of above 3.25% during the forecast period.

The key drivers of the development of the open-source ERP software market are the proficiency and simplicity of features in business initiatives, the proliferation of cloud and portable application choices, and the need for a popular expansion in information-driven dynamics.

Key Highlights

The popularity of cloud-based ERP floods during the COVID-19 pandemic is expected to impact the development of the ERP market.

Open source ERP is beneficial for small and medium-sized enterprises (SMEs) who want to upgrade or customize their ERP system without paying a large license or support fee. Most open source ERP software systems can be used as open-source databases and operating systems that offer license-free options. Another reason open source ERP is used is that it is complete source content, and there are no vendor lock-ins or dependencies to implement the software.

Traditional ERP technology has been around for a very long time, but nevertheless, the diversion of cutting-edge innovations such as IoT, AI, and comprehensive information research has expanded and driven towards business development. By combining ERP and IoT-based gadgets, associations can distinguish and handle issues such as unwanted resources. Similarly, the mechanization of cycles through IoT innovation keeps plant activities on schedule without human intervention.

During the COVID-19 pandemic, cloud-based ERP programming called for a surge to support organizations to support interruptions. In addition, ERP programming arrangements effectively function business-wide measures through a variety of highlights, including remote access, computerized information transactions, robotized refinement, and ongoing workplace control.

Pandemics also constrain organizations worldwide from moving their real workplaces to distant workplaces. This factor caused the flood required for ERP programming and subsequently met the development of the ERP market.

Market Trends

Cloud Deployments to Witness the Highest Market Growth

North America Expected to Hold the Largest Share

Competitive Landscape

The open-source ERP market is highly fragmented, with a large number of competitors like ERPNext, Dolibarr, Metasfresh, Odoo, etc. Players in the market adopt strategic activities such as partnerships, product development, mergers, and acquisitions to capture the market share. Some of the key developments in the market are:

Key Topics Covered

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

4.1 Market Overview

4.2 Industry Attractiveness - Porter's Five Forces Analysis

4.3 Industry Value Chain Analysis

4.4 Assessment of Impact of COVID-19 on the Market

5 MARKET DYNAMICS

5.1 Market Drivers

5.1.1 Increasing Demand for Seamless Customer Experience

5.1.2 Integration of Advanced Technologies such as AI, IoT, and Analytics

5.2 Market Restraints

5.2.1 Rising Complexities to Implement Transition from Manual to Software Testing Process

5.3 Regulatory Landscape

5.4 Key Use Cases

6 MARKET SEGMENTATION

6.1 By Deployment Mode

6.1.1 Cloud

6.1.2 On-premises

6.2 By Organization Size

6.2.1 Small and Medium Sized Companies

6.2.2 Large Companies

6.3 By End-user Verticals

6.3.1 Information Technology

6.3.2 BFSI

6.3.3 Telecommunication

6.3.4 Healthcare

6.3.5 Retail

6.3.6 Education

6.3.7 Other End-user Verticals

6.4 By Geography

6.4.1 North America

6.4.2 Europe

6.4.3 Asia Pacific

6.4.4 Latin America

6.4.5 Middle East & Africa

7 COMPETITIVE LANDSCAPE

7.1 Company Profiles*

7.1.1 iDempiere

7.1.2 xTuple

7.1.3 Dolibarr

7.1.4 Metasfresh

7.1.5 ERPNext

7.1.6 Compiere

7.1.7 ERP5

7.1.8 Bitrix24

7.1.9 OpenPro

7.1.10 Openbravo

7.1.11 MixERP

7.1.12 TRYTON

8 INVESTMENT ANALYSIS

9 FUTURE OF THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/y7xi9e

See the article here:
Global Open Source ERP Market Report, 2022-2027 - Industry Dominated by iDempiere, xTuple, and Dolibarr - ResearchAndMarkets.com - Business Wire