ERP News

SMEs driving 160% cloud ERP market growth by 2021

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Driven by increasing demand from small-and-medium-sized companies, the cloud ERP market is expected to grow 10% annually – 160% over the next five years to nearly $30 billion, new research has found. A report by research firm MarketsandMarkets puts the current cloud ERP market at $18.52 billion and calculates the growth will occur across industry verticals and in multiple regions.

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