growing focus on improving operational efficiency among enterprises is driving the ERP Market in Turkey

Latest News:- ERP Market in Turkey: Software is expected to lead the Component segment during 2024-2028

Technavio analyzes that the ERP Market in Turkey is expected to grow at a CAGR of 7% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 99.65 million.There are various factors that contribute to the growth of the market. Enterprises in Turkey are increasingly prioritizing operational efficiency in their business operations. This trend is driving the ERP (Enterprise Resource Planning) market in the country, as companies seek to integrate and streamline their business processes through the implementation of ERP solutions. By optimizing their resources and improving communication and collaboration across departments, Turkish enterprises can enhance productivity, reduce costs, and gain a competitive edge in their industries.

The ERP market in Turkey is projected to experience substantial growth in the upcoming years, driven primarily by the adoption of Enterprise Resource Planning (ERP) software. ERP solutions serve as a unified business management system, facilitating the execution of essential functions such as HR management, supply chain operations, manufacturing, finance, accounting, project management, and industry-specific processes including asset management and product lifecycle management. By integrating these processes and enabling seamless data flow across the organization, ERP software optimizes the utilization of human, financial, and operational resources. Furthermore, it offers a comprehensive perspective on business metrics, thereby enhancing decision-making capabilities for large enterprises, IT and telecom companies, government entities, and other sectors. 

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ERP Market in Turkey Segmentation

• Component
  • Software
  • Service
• End-user
  • Large enterprises
  • SMEs
• Deployment
  • Cloud ERP
  • On-premise ERP
• Geography
  • Asia

Top Performing Companies

As per our research findings, here are some of the key competitors that are leading the industry

• Acumatica Inc.
• Elioplus
• Epicor Software Corp.
• Forterro UK Ltd.
• IFS World Operations AB
• Infor Inc.
• Login Computer Software Inc
• Logo Yazilim AS
• Microsoft Corp.
• Odoo SA
• Oracle Corp.
• QAD Inc.
• Sage Group Plc
• SAP SE
• Sistrade

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Research Analysis Overview

In Turkey's ERP market, businesses focus on enhancing operational efficiency through standalone and embedded ERP solutions. Key functionalities include Supply Chain Management, Distribution process management, Business planning, HR functions, and Finance. Solutions encompass IT technologies like Cloud applications, Mobile applications, and Open-source applications. Large enterprises prioritize Data-driven decisions and personalized services. Healthcare organizations, such as Hospitals and Healthcare organizations, benefit from ERP systems for Patient record administration. Cloud-based ERP solutions are popular, offering flexibility and scalability. Marketing and Finance modules are also crucial. ERP solutions provide integrated and streamlined management of various business functions.

Market Research Overview

The ERP market in Turkey is a segment of the global system software market, encompassing organizations specializing in application and systems software development and production. Technavio, a leading technology research and consulting firm, calculates the size of the global system software market by aggregating the revenues of companies providing various types of systems software, including ERP solutions. This market caters to businesses seeking to enhance operational efficiency through standalone and embedded ERP offerings. Key functionalities include Supply Chain Management, Distribution process management, Business planning, HR functions, and employee life cycle management. These solutions enable organizations to streamline their business processes, optimize resources, and improve overall performance.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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Technavio Research
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