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Report
Japan Enterprise Resource Planning (Erp) Market Forecast 2024-2032
Market Report I 2024-06-17 I 146 Pages I Inkwood Research
KEY FINDINGS
The Japan enterprise resource planning (ERP) market is anticipated to develop with a CAGR of 11.60% during the forecast period. The base year considered for the studied market is 2023, and the forecasting years are from 2024 to 2032.
MARKET INSIGHTS
The Japan enterprise resource planning (ERP) market is a dynamic and rapidly evolving sector within the country's technology landscape. As one of the world's leading economies, Japan boasts a robust demand for ERP solutions across various industries, including manufacturing, automotive, electronics, and services. The market is characterized by a strong emphasis on technological innovation, efficiency, and precision, driving businesses to adopt ERP systems to streamline their operations, enhance productivity, and gain a competitive edge.
Key players in the nation's ERP market include both domestic and international providers, offering a wide range of ERP solutions tailored to meet the unique needs of Japanese businesses. These solutions encompass modules for financial management, supply chain optimization, human resources, and customer relationship management, among others.
Aligning with this, Kyowa Chemical Industry, a prominent manufacturer and distributor of chemical products serving industrial and healthcare sectors, successfully deployed Infor M3 Cloud, an ERP solution provided by Infor. The adoption of this platform aims to bolster the visibility of business data and operational efficiency across its global operations, aligning with the company's strategic preparations for international expansion.
Concurrently, Zeal Corporation partnered with Infor Japan KK., the Japanese subsidiary of Infor. This collaboration entails the provision of Infor Birst, a cloud-based Business Intelligence (BI) platform, by Zeal Corporation. Notably, Zeal has been engaged with Infor's d/EPM (Enterprise Performance Management) software since 2012.
As part of the agreement, Zeal is positioned to serve as a comprehensive service provider for Infor Birst, offering end-to-end services encompassing solution design, implementation, and ongoing maintenance for its clientele. With Japan's increasing focus on digital transformation and Industry 4.0 initiatives, the demand for advanced ERP technologies, such as cloud-based solutions, AI-driven analytics, and IoT integration, is expected to surge, propelling further growth and innovation in the Japan ERP market.
SEGMENTATION ANALYSIS
The Japan enterprise resource planning (ERP) market is segmented into deployment, enterprise size, business function, and end-user. The deployment segment is further categorized into on-premise, cloud, and hybrid.
The proliferation of big data facilitated by cloud computing, coupled with a growing emphasis on enhancing end-user experiences and the increasing influence of functional leaders in IT investment decisions, constitutes key drivers propelling the expansion of the hybrid ERP model. Often referred to as the two-tier model, hybrid ERP amalgamates core on-premise ERP functionalities with cloud capabilities, particularly in domains such as collaboration, customer relationship management (CRM), and sales.
The adoption of hybrid ERP systems is gaining traction across various sectors, primarily due to their capacity to accommodate the preferences of long-standing ERP users. These users appreciate the flexibility to migrate specific ERP functions to the cloud while retaining stringent on-premises oversight, particularly over areas subject to regulatory compliance requirements.
Certain industries, such as business services, professional services, and digital media, find that traditional integrated, on-premise ERP solutions may not fully cater to their needs, which often center around asset and product-centric operations. Hybrid ERP solutions emerge as more suitable alternatives for these sectors, offering tailored functionalities to address their unique requirements.
Moreover, in comparison to purely cloud-based solutions, hybrid ERP systems present a distinct advantage in terms of reduced training costs, making them an attractive proposition for organizations seeking to optimize their IT investments while minimizing operational disruptions.
COMPETITIVE INSIGHTS
Some of the major companies operating in the Japan enterprise resource planning (ERP) market include Ramco Systems Ltd (RSL), SAP SE, Workday Inc, etc.
Ramco Systems Limited (RSL), headquartered in Tamil Nadu, India, is a division of the Ramco Group, specializing in developing enterprise resource planning software solutions and related services. Their offerings include aviation software, logistics software, cloud-based ERP and HCM solutions, and enterprise asset management systems.
Additionally, the company also offers consulting, implementation, managed services, custom development, training, and support across various industries such as aviation, manufacturing, aerospace, defense, logistics, energy, and infrastructure. It has a global presence spanning India, the United States, Canada, Europe, Australia, the Middle East, South Africa, and the Asia-Pacific.
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. COUNTRY SNAPSHOT- JAPAN
2.3. COUNTRY ANALYSIS - JAPAN
2.4. SCOPE OF STUDY
2.5. CRISIS SCENARIO ANALYSIS
2.5.1. IMPACT OF COVID-19 ON THE ENTERPRISE RESOURCE PLANNING (ERP) MARKET
2.6. MAJOR MARKET FINDINGS
2.6.1. RAPID ADOPTION OF ERP SOLUTIONS ACROSS SEVERAL INDUSTRIES
2.6.2. FOCUS ON DIGITAL TRANSFORMATION AND AUTOMATION
2.6.3. THE MARKET IS CHARACTERISED BY VENDOR COMPETITIVENESS AND DIVERSE OFFERINGS
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. THE INCREASING NEED FOR CONTINUOUS IMPROVEMENT AND OPERATIONAL EFFICIENCY IN BUSINESSES
3.1.2. RISING EMPHASIS ON COMPETITIVE STRATEGIES AND REAL-TIME DECISION MAKING
3.1.3. RAPID ADOPTION OF CLOUD-BASED ERP SOLUTIONS
3.2. KEY RESTRAINTS
3.2.1. HIGH COST OF ERP SOLUTIONS
3.2.2. SURGE IN OPEN-SOURCE ERP VENDORS
3.2.3. VULNERABILITIES IN ERP APPLICATIONS
4. KEY ANALYTICS
4.1. KEY MARKET TRENDS
4.1.1. THE INTEGRATION OF ERP WITH ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING IS GAINING TRACTION
4.1.2. SHIFT TOWARDS SUBSCRIPTION-BASED PRICING MODELS
4.1.3. GROWING POPULARITY OF MOBILE ERP APPLICATIONS AND PLATFORMS
4.1.4. SURGE IN DEMAND FOR INDUSTRY-SPECIFIC SOLUTIONS
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1. BUYERS POWER
4.2.2. SUPPLIERS POWER
4.2.3. SUBSTITUTIONS
4.2.4. NEW ENTRANTS
4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING - JAPAN
4.4. KEY BUYING CRITERIA
4.4.1. COMPATIBILITY
4.4.2. COST-EFFECTIVENESS
4.4.3. EASE OF USE
4.4.4. SECURITY
5. MARKET BY DEPLOYMENT
5.1. ON-PREMISE
5.1.1. MARKET FORECAST FIGURE
5.1.2. SEGMENTATION ANALYSIS
5.2. CLOUD
5.2.1. MARKET FORECAST FIGURE
5.2.2. SEGMENTATION ANALYSIS
5.3. HYBRID
5.3.1. MARKET FORECAST FIGURE
5.3.2. SEGMENTATION ANALYSIS
6. MARKET BY ENTERPRISE SIZE
6.1. LARGE ENTERPRISES
6.1.1. MARKET FORECAST FIGURE
6.1.2. SEGMENTATION ANALYSIS
6.2. MEDIUM ENTERPRISES
6.2.1. MARKET FORECAST FIGURE
6.2.2. SEGMENTATION ANALYSIS
6.3. SMALL ENTERPRISES
6.3.1. MARKET FORECAST FIGURE
6.3.2. SEGMENTATION ANALYSIS
7. MARKET BY BUSINESS FUNCTION
7.1. FINANCE
7.1.1. MARKET FORECAST FIGURE
7.1.2. SEGMENTATION ANALYSIS
7.2. HUMAN RESOURCE (HR)
7.2.1. MARKET FORECAST FIGURE
7.2.2. SEGMENTATION ANALYSIS
7.3. SUPPLY CHAIN
7.3.1. MARKET FORECAST FIGURE
7.3.2. SEGMENTATION ANALYSIS
7.4. CUSTOMER MANAGEMENT
7.4.1. MARKET FORECAST FIGURE
7.4.2. SEGMENTATION ANALYSIS
7.5. INVENTORY MANAGEMENT
7.5.1. MARKET FORECAST FIGURE
7.5.2. SEGMENTATION ANALYSIS
7.6. MANUFACTURING MODULE
7.6.1. MARKET FORECAST FIGURE
7.6.2. SEGMENTATION ANALYSIS
7.7. OTHER BUSINESS FUNCTIONS
7.7.1. MARKET FORECAST FIGURE
7.7.2. SEGMENTATION ANALYSIS
8. MARKET BY END-USER
8.1. AUTOMOTIVE
8.1.1. MARKET FORECAST FIGURE
8.1.2. SEGMENTATION ANALYSIS
8.2. RETAIL
8.2.1. MARKET FORECAST FIGURE
8.2.2. SEGMENTATION ANALYSIS
8.3. MANUFACTURING
8.3.1. MARKET FORECAST FIGURE
8.3.2. SEGMENTATION ANALYSIS
8.4. BANKING, FINANCIAL SERVICES & INSURANCE (BFSI)
8.4.1. MARKET FORECAST FIGURE
8.4.2. SEGMENTATION ANALYSIS
8.5. GOVERNMENT
8.5.1. MARKET FORECAST FIGURE
8.5.2. SEGMENTATION ANALYSIS
8.6. IT AND TELECOM
8.6.1. MARKET FORECAST FIGURE
8.6.2. SEGMENTATION ANALYSIS
8.7. HEALTHCARE
8.7.1. MARKET FORECAST FIGURE
8.7.2. SEGMENTATION ANALYSIS
8.8. MILITARY AND DEFENSE
8.8.1. MARKET FORECAST FIGURE
8.8.2. SEGMENTATION ANALYSIS
8.9. OTHER END-USERS
8.9.1. MARKET FORECAST FIGURE
8.9.2. SEGMENTATION ANALYSIS
9. COMPETITIVE LANDSCAPE
9.1. KEY STRATEGIC DEVELOPMENTS
9.1.1. MERGERS & ACQUISITIONS
9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
9.1.3. PARTNERSHIPS & AGREEMENTS
9.1.4. BUSINESS EXPANSIONS
9.2. COMPANY PROFILES
9.2.1. EPICOR SOFTWARE CORPORATION
9.2.1.1. COMPANY OVERVIEW
9.2.1.2. PRODUCTS
9.2.1.3. STRENGTHS & CHALLENGES
9.2.2. INDUSTRIAL AND FINANCIAL SYSTEMS (IFS) AB
9.2.2.1. COMPANY OVERVIEW
9.2.2.2. PRODUCTS
9.2.2.3. STRENGTHS & CHALLENGES
9.2.3. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)
9.2.3.1. COMPANY OVERVIEW
9.2.3.2. PRODUCTS
9.2.3.3. STRENGTHS & CHALLENGES
9.2.4. MICROSOFT CORPORATION
9.2.4.1. COMPANY OVERVIEW
9.2.4.2. PRODUCTS
9.2.4.3. STRENGTHS & CHALLENGES
9.2.5. ORACLE CORPORATION
9.2.5.1. COMPANY OVERVIEW
9.2.5.2. PRODUCTS
9.2.5.3. STRENGTHS & CHALLENGES
9.2.6. QAD INC
9.2.6.1. COMPANY OVERVIEW
9.2.6.2. PRODUCTS
9.2.6.3. STRENGTHS & CHALLENGES
9.2.7. RAMCO SYSTEMS LIMITED (RSL)
9.2.7.1. COMPANY OVERVIEW
9.2.7.2. PRODUCTS
9.2.7.3. STRENGTHS & CHALLENGES
9.2.8. SAP SE
9.2.8.1. COMPANY OVERVIEW
9.2.8.2. PRODUCTS
9.2.8.3. STRENGTHS & CHALLENGES
9.2.9. WORKDAY INC
9.2.9.1. COMPANY OVERVIEW
9.2.9.2. PRODUCTS
9.2.9.3. STRENGTHS & CHALLENGES
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - ENTERPRISE RESOURCE PLANNING (ERP)
TABLE 2: DEVELOPMENT OF ENTERPRISE RESOURCE PLANNING (ERP)
TABLE 3: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 4: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY DEPLOYMENT, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 5: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY ENTERPRISE SIZE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 6: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY ENTERPRISE SIZE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 7: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY BUSINESS FUNCTION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 8: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY BUSINESS FUNCTION, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 9: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 10: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY END-USER, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 11: LIST OF MERGERS & ACQUISITIONS
TABLE 12: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 13: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 14: LIST OF BUSINESS EXPANSIONS
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING- JAPAN
FIGURE 4: KEY BUYING CRITERIA
FIGURE 5: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2023
FIGURE 6: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY ON-PREMISE, 2024-2032 (IN $ MILLION)
FIGURE 7: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY CLOUD, 2024-2032 (IN $ MILLION)
FIGURE 8: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY HYBRID, 2024-2032 (IN $ MILLION)
FIGURE 9: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY ENTERPRISE SIZE, IN 2023
FIGURE 10: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY LARGE ENTERPRISES, 2024-2032 (IN $ MILLION)
FIGURE 11: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY MEDIUM ENTERPRISES, 2024-2032 (IN $ MILLION)
FIGURE 12: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY SMALL ENTERPRISES, 2024-2032 (IN $ MILLION)
FIGURE 13: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY BUSINESS FUNCTION, IN 2023
FIGURE 14: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY FINANCE, 2024-2032 (IN $ MILLION)
FIGURE 15: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY HUMAN RESOURCE (HR), 2024-2032 (IN $ MILLION)
FIGURE 16: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY SUPPLY CHAIN, 2024-2032 (IN $ MILLION)
FIGURE 17: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY CUSTOMER MANAGEMENT, 2024-2032 (IN $ MILLION)
FIGURE 18: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY INVENTORY MANAGEMENT, 2024-2032 (IN $ MILLION)
FIGURE 19: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY MANUFACTURING MODULE, 2024-2032 (IN $ MILLION)
FIGURE 20: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY OTHER BUSINESS FUNCTIONS, 2024-2032 (IN $ MILLION)
FIGURE 21: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, GROWTH POTENTIAL, BY END-USER, IN 2023
FIGURE 22: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY AUTOMOTIVE, 2024-2032 (IN $ MILLION)
FIGURE 23: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY RETAIL, 2024-2032 (IN $ MILLION)
FIGURE 24: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY MANUFACTURING, 2024-2032 (IN $ MILLION)
FIGURE 25: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY BANKING, FINANCIAL SERVICES & INSURANCE (BFSI), 2024-2032 (IN $ MILLION)
FIGURE 26: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY GOVERNMENT, 2024-2032 (IN $ MILLION)
FIGURE 27: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY IT AND TELECOM, 2024-2032 (IN $ MILLION)
FIGURE 28: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY HEALTHCARE, 2024-2032 (IN $ MILLION)
FIGURE 29: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY MILITARY AND DEFENSE, 2024-2032 (IN $ MILLION)
FIGURE 30: JAPAN ENTERPRISE RESOURCE PLANNING (ERP) MARKET, BY OTHER END-USERS, 2024-2032 (IN $ MILLION)
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