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PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET FORECAST 2022-2028

The Philippines enterprise resource planning (ERP) market is estimated to project a CAGR of 12% during the forecast period, 2022-2028, and is expected to reach a revenue of $xx million by 2028.

PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET FORECAST 2022-2028

Philippines Enterprise Resource Planning (ERP) Market by Deployment (on-premise, Cloud, Hybrid) Market by Enterprise Size (Large Enterprises, Medium Enterprises, Small Enterprises) Market by Business Functions (Finance, Human Resource, Supply Chain, Customer Management, Inventory Management, Manufacturing Module, Other Business Functions) Market by End-user (Automotive, Retail, Manufacturing, Banking, Financial Services & Insurance, Government, It and Telecom, Healthcare, Military and Defense, Other End-users)

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The Philippines enterprise resource planning (ERP) market is estimated to project a CAGR of 12% during the forecast period, 2022-2028, and is expected to reach a revenue of $xx million by 2028.

Philippines enterprise resource planning (ERP) software solutions lead the Asia-Pacific ERP market. A strong IT infrastructure development is evaluated to facilitate the growth of cloud-enabled ERP software. Many SMEs and start-up companies are operating in the regional market. These start-up companies prefer cloud-enabled ERP software, which is less costly than on-premise ERP software solutions. Also, there will be increased adoption of cloud-enabled ERP solutions, owing to an increase in new manufacturing setups.

Enterprise applications are specific to the software used in businesses to resolve operational issues. They facilitate the integration of resources with business functions, suppliers, and customers of an organization. Adopting these applications allows easy business information flow within and outside the organization. Moreover, to adopt a customer-centric approach to leverage their business operations, most companies implement enterprise applications to gain competitive advantages, such as integrating business functionality and customer interaction.

In addition, the Philippines is a global hub for outsourcing services. With business process outsourcing (BPO) revenues at par with the remittances, the Philippines is an important contributor to domestic economic performance. Leading global firms like Citibank, JP Morgan, Microsoft, SCB, HSBC, Oracle, Dell, and Accenture invested in the country’s BPO operations. For instance, AP Cargo Logistic Network Corp selected Ramco Logistics software in August 2018 to transform its business operations with ERP. AP Cargo is one of the Philippines’ leading domestic express logistics providers. It has a fleet of more than 500 vehicles operated by more than 1,600 employees.

The segmentation assessment of the Philippines enterprise resource planning (ERP) market entails the analysis of deployment, enterprise size, business functions, and end-user. The market by business functions is sub-segmented into finance, human resource (HR), supply chain, customer management, inventory management, manufacturing module, and other business functions.

Most organizations have adopted ERP software to keep the finance department updated in a reliable and precise way. Financial functions like accounting management, payments, and treasury are integrated through ERP to prevent communication gaps. The finance module helps the organization make important financial decisions, such as cash inflow and cash outflow.

In addition, it facilitates the function of tracking data uniformly, thereby allowing two users to work on different entries in the same accounting package. Most organizations implement financial ERP modules to reduce economic function complexity and achieve overall competency in the business.

Some key market players include Microsoft Corporation, Deskera Holdings Ltd, Plex Systems Inc, IQMS, QAD Inc, Infor Inc, Epicor Software Corporation, etc.

Deskera is one of the market leaders in cloud-based business management software, catering to various industries worldwide. Its services include enterprise resource planning (ERP), cloud computing, customer relationship management (CRM), human resource management (HRM), manufacturing resource planning (MRP), project management (PM), integrated business applications, and learning management systems (LMS). The company’s products serve different industries, such as trading, building, manufacturing, distribution, construction, and engineering. It is based in San Jose, California, with offices in India, Indonesia, Malaysia, and Singapore.

One of its key products, Deskera ERP, facilitates the processing and recording of all the financial transactions from purchase orders, invoices, and inventory tracking to the receipts. It provides an efficient and quick way for managing customer and vendor-related processes.

Report Synopsis

Report Scope Details
Market Forecast Years 2022-2028
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue (Million)
Segments Analyzed Deployment, Enterprise Size, Business Functions, End-User
Companies Analyzed

Microsoft Corporation, Deskera Holdings Ltd, Plex Systems Inc, IQMS, QAD Inc, Infor Inc, Epicor Software Corporation

 

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • COUNTRY SNAPSHOT
      • COUNTRY ANALYSIS
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
    3. KEY ANALYTICS
      • IMPACT OF COVID-19 ON ENTERPRISE RESOURCE PLANNING (ERP) MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • KEY BUYING CRITERIA
        • COMPATIBILITY
        • COST-EFFECTIVENESS
        • EASE OF USE
        • SECURITY
      • VALUE CHAIN ANALYSIS
    4. MARKET BY DEPLOYMENT
      • ON-PREMISE
      • CLOUD
      • HYBRID
    5. MARKET BY ENTERPRISE SIZE
      • LARGE ENTERPRISES
      • MEDIUM ENTERPRISES
      • SMALL ENTERPRISES
    6. MARKET BY BUSINESS FUNCTIONS
      • FINANCE
      • HUMAN RESOURCE (HR)
      • SUPPLY CHAIN
      • CUSTOMER MANAGEMENT
      • INVENTORY MANAGEMENT
      • MANUFACTURING MODULE
      • OTHER BUSINESS FUNCTIONS
    7. MARKET BY END-USER
      • RETAIL
      • MANUFACTURING
      • BANKING, FINANCIAL SERVICES & INSURANCE (BFSI)
      • GOVERNMENT
      • IT AND TELECOM
      • HEALTHCARE
      • MILITARY AND DEFENSE
      • OTHER END-USERS
    8. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • ACCENTURE
        • ATOS SE
        • CAPGEMINI
        • EPICOR SOFTWARE CORPORATION
        • ERP LOGIC
        • INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)
        • JMC TECHNOLOGIES PTE LTD
        • MICROSOFT CORPORATION
        • ORACLE CORPORATION
        • SAP SE

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP)

    TABLE 2: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 3: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY DEPLOYMENT, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 4: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY ENTERPRISE SIZE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 5: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY ENTERPRISE SIZE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 6: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY BUSINESS FUNCTIONS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 7: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY BUSINESS FUNCTIONS, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 8: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 9: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY END-USER, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 10: LIST OF MERGERS & ACQUISITIONS

    TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 13: LIST OF BUSINESS EXPANSIONS & DIVESTITURES                        

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: KEY BUYING CRITERIA

    FIGURE 5: VALUE CHAIN ANALYSIS

    FIGURE 6: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2021

    FIGURE 7: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY ON-PREMISE, 2022-2028 (IN $ MILLION)

    FIGURE 8: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY CLOUD, 2022-2028 (IN $ MILLION)

    FIGURE 9: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY HYBRID, 2022-2028 (IN $ MILLION)

    FIGURE 10: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY ENTERPRISE SIZE, IN 2021

    FIGURE 11: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY LARGE ENTERPRISES, 2022-2028 (IN $ MILLION)

    FIGURE 12: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY MEDIUM ENTERPRISES, 2022-2028 (IN $ MILLION)

    FIGURE 13: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY SMALL ENTERPRISES, 2022-2028 (IN $ MILLION)

    FIGURE 14: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY BUSINESS FUNCTIONS, IN 2021

    FIGURE 15: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY FINANCE, 2022-2028 (IN $ MILLION)

    FIGURE 16: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY HUMAN RESOURCE (HR), 2022-2028 (IN $ MILLION)

    FIGURE 17: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY SUPPLY CHAIN, 2022-2028 (IN $ MILLION)

    FIGURE 18: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY CUSTOMER MANAGEMENT, 2022-2028 (IN $ MILLION)

    FIGURE 19: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY INVENTORY MANAGEMENT, 2022-2028 (IN $ MILLION)

    FIGURE 20: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY MANUFACTURING MODULE, 2022-2028 (IN $ MILLION)

    FIGURE 21: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY OTHER BUSINESS FUNCTIONS, 2022-2028 (IN $ MILLION)

    FIGURE 22: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

    FIGURE 23: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY RETAIL, 2022-2028 (IN $ MILLION)

    FIGURE 24: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY MANUFACTURING, 2022-2028 (IN $ MILLION)

    FIGURE 25: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY BANKING, FINANCIAL SERVICES & INSURANCE (BFSI), 2022-2028 (IN $ MILLION)

    FIGURE 26: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY GOVERNMENT, 2022-2028 (IN $ MILLION)

    FIGURE 27: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY IT AND TELECOM, 2022-2028 (IN $ MILLION)

    FIGURE 28: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)

    FIGURE 29: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY MILITARY AND DEFENSE, 2022-2028 (IN $ MILLION)

    FIGURE 30: PHILIPPINES ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)       

    1. MARKET BY DEPLOYMENT
      • ON-PREMISE
      • CLOUD
      • HYBRID
    2. MARKET BY ENTERPRISE SIZE
      • LARGE ENTERPRISES
      • MEDIUM ENTERPRISES
      • SMALL ENTERPRISES
    3. MARKET BY BUSINESS FUNCTIONS
      • FINANCE
      • HUMAN RESOURCE (HR)
      • SUPPLY CHAIN
      • CUSTOMER MANAGEMENT
      • INVENTORY MANAGEMENT
      • MANUFACTURING MODULE
      • OTHER BUSINESS FUNCTIONS
    4. MARKET BY END-USER
      • RETAIL
      • MANUFACTURING
      • BANKING, FINANCIAL SERVICES & INSURANCE (BFSI)
      • GOVERNMENT
      • IT AND TELECOM
      • HEALTHCARE
      • MILITARY AND DEFENSE
      • OTHER END-USERS

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    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


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