Latest News- ERP Market in China: Cloud is expected to lead the Deployment segment during 2025-2029

The ERP Market in China is being driven by Growing focus on improving operational efficiency among enterprises

The ERP Market in China is expected to grow at a CAGR of 12% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 4394.9 million. Financial institutions in China are actively exploring the integration of emerging technologies, including blockchain, IoT, AI, and cognitive computing, with Enterprise Resource Planning (ERP) systems to drive business growth. These technologies are particularly relevant to sectors such as credit unions, banking, trust companies, and insurance, which are keen to enhance operational efficiency and customer experience. In April 2023, Huawei showcased its MetaERP system, marking its entry into the ERP software commercialization market. Additionally, Huawei developed a customized ERP solution for a Chinese State-owned enterprise, signaling its commitment to expanding its business offerings in this domain. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Deployment
  • Cloud
  • On-premises
• End-user
  • Manufacturing
  • Retail and distribution
  • IT and telecom
  • Healthcare
  • Others
• Sector
  • Large enterprises
  • Medium enterprises
  • Small enterprises
• Application
  • Finance and human resources (HR)
  • Supply chain management (SCM)
  • Customer relationship management (CRM)
  • Others
• Geography
  • China

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing focus on improving operational efficiency among enterprises
• Increasing demand for ERP solutions among SMEs
• Enterprises seek supply chain traceability and visibility

However, the market also witnesses some limitations, which are as follows:

• High risk of cyberattacks on ERP software
• ERP integration challenges
• Limited bandwidth and connectivity issues

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Market Scope in ERP Market in China Research Report

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Research Analysis Overview

In China's ERP market, modular architecture and on-premise deployment are popular choices for businesses seeking to implement ERP systems. Data warehousing solutions and big data analytics, featuring predictive analytics engines, machine learning algorithms, artificial intelligence, and workflow automation, are driving digital transformation initiatives. Business process re-engineering and operational efficiency metrics, such as key performance indicators and return on investment, are key considerations. Scalability, flexibility, security, and compliance, system reliability, data integrity, user experience design, customizable dashboards, vendor management, implementation methodology, project management tools, and agile development practices are essential features for successful ERP implementation.

Market Research Overview

In the dynamic business landscape of China, Enterprise Resource Planning (ERP) systems have gained significant traction. ERP solutions encompass integration of various business functions, financial management modules, and supply chain optimization. These cloud-based ERP systems enable seamless data flow and real-time analysis, enhancing operational efficiency. Technavio's market analysis covers global IT software companies, including those specializing in ERP systems. Our calculation of the market size incorporates revenues from providers of all types of IT software, including cloud-based ERP solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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