Middle East & Africa Cloud ERP Market Forecast to 2030 - Regional Analysis - by Business Function, Organization Size, and Vertical

List of Tables

The Middle East & Africa cloud ERP market is expected to grow from US$ 2,102.57 million in 2022 to US$ 7,507.12 million by 2030. It is estimated to register a CAGR of 17.2% from 2022 to 2030.

Technological Advancements Fuel Middle East & Africa Cloud ERP Market

The reach of ERP solutions has expanded from traditional solutions to support most business functions and manufacturing to front-office functions such as marketing automation, sales force automation (SFA), and e-commerce. ERP systems with integrated artificial intelligence and machine learning capabilities assist in fulfilling the growing need for personalization and enhance a variety of business operations in the background. In the past, businesses could add AI functionality to select ERP systems, but manufacturers are now offering ERP software products that are already embedded with AI features. Organizations rely on AI to deliver insightful business decisions based on the vast amounts of operational and customer data they collect. AI technologies can scan large volumes of unstructured data, swiftly recognizing patterns and forecasting different trends that are impossible to detect with processing numerical data alone. AI helps to improve and automate a whole range of processes. For instance, a just-in-time inventory strategy is implemented with the intent to deliver components to minimize inventory carrying costs. AI, in the form of ML, can optimize labor schedules and supply delivery to increase productivity and lower costs. IFS's Global Enterprise Software Solution Provider study found that 40% of manufacturers planned to implement AI for inventory logistics and planning, and 36% intended to use it for customer relationship management and production scheduling. Therefore, technological advancements are likely to bring new trends into the cloud ERP market in the coming years.

Middle East & Africa Cloud ERP Market Overview

The Middle East & Africa cloud ERP market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Numerous large-scale enterprises heavily adopted ERP software to gain a constant approach to integrated business operations in the Middle East & Africa across any location. The growing need to enhance employee demand and efficiency for better business management has increased the adoption of ERP software among large companies, improving financial management and connectivity with stakeholders.

Numerous large-scale enterprises heavily adopted ERP software to gain a constant approach to integrated business operations in the Middle East & Africa (MEA) across any location. The growing need to enhance employee demand and efficiency for better business management has increased the adoption of ERP software among large companies, improving financial management and connectivity with stakeholders. Various companies are taking initiatives, such as partnerships and product launches, to increase market growth. For instance, in February 2023, XY Retail announced a partnership with ALGOCAS. The strategic partnership allowed XY Retail to capitalize on growth opportunities in MENA, particularly in Egypt and the Gulf region. The company optimizes cloud deployments designed around the customer, delivering digital strategy and expert guidance for the best business practices while managing the cloud environment as the business grows, allowing for maximum performance. Also, in September 2022, Microsoft partnered with G42, a technology holding company owned by a top security official in the UAE, to build out that company's sovereign cloud capabilities and jump-start its AI capabilities. Therefore, with the increasing number of such partnerships, the deployment of cloud-based ERP software is increasing in the MEA.

Middle East & Africa Cloud ERP Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Cloud ERP Market Segmentation

The Middle East & Africa cloud ERP market is segmented into business function, organization size, vertical, and country.

Based on business function, the Middle East & Africa cloud ERP market is segmented into finance and accounting, sales and marketing, inventory and order management, human capital management, and others. The finance and accounting segment held the largest share of the Middle East & Africa cloud ERP market in 2022.

In terms of organization size, the Middle East & Africa cloud ERP market is bifurcated into large enterprises and SMEs. The large enterprises segment held a larger share of the Middle East & Africa cloud ERP market in 2022.

By vertical, the Middle East & Africa cloud ERP market is segmented into manufacturing, IT and telecom, BFSI, healthcare, retail, government, aerospace and defense, and others. The manufacturing segment held the largest share of the Middle East & Africa cloud ERP market in 2022.

Based on country, the Middle East & Africa cloud ERP market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa cloud ERP market in 2022.

Epicor Software Corp, Infor Inc, Microsoft Corp, Oracle Corp, Sage Group Plc, SAP SE, SYSPRO Proprietary Ltd, Unit4 Group Holding BV, and Workday Inc are some of the leading companies operating in the Middle East & Africa cloud ERP market.

Product Code: BMIRE00030126

Table of Content

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Middle East & Africa Cloud ERP Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain:

5. Middle East & Africa Cloud ERP Market - Key Industry Dynamics

5.1 Drivers
- 5.1.1 Increasing Organizational Needs to Improve Staff Productivity and Efficiency
- 5.1.2 Rising Adoption of Cloud ERP Solutions Across Various Verticals
5.2 Restraints
- 5.2.1 Availability of Limited Customized Options for SaaS ERP Solutions
- 5.2.2 Possibility of Security Breach Issues
5.3 Opportunity
- 5.3.1 Increasing Government Initiatives for Digitalization of SMEs
- 5.3.2 Use of Mobile and Cloud Applications
5.4 Trends
- 5.4.1 Technological Advancements
- 5.4.2 Growing Implementation of Two-Tier ERP Systems
5.5 Impact of Drivers and Restraints:

6. Cloud ERP Market - Middle East & Africa Market Analysis

6.1 Middle East & Africa Cloud ERP Market Revenue (US$ Million), 2022 - 2030
6.2 Middle East & Africa Cloud ERP Market Forecast and Analysis

7. Middle East & Africa Cloud ERP Market Analysis - Business Function

7.1 Finance and Accounting
- 7.1.1 Overview
- 7.1.2 Finance and Accounting Market Revenue and Forecasts to 2030 (US$ Million)
7.2 Sales and Marketing
- 7.2.1 Overview
- 7.2.2 Sales and Marketing Market Revenue and Forecasts to 2030 (US$ Million)
7.3 Inventory and Order Management
- 7.3.1 Overview
- 7.3.2 Inventory and Order Management Market Revenue and Forecasts to 2030 (US$ Million)
7.4 Human Capital Management
- 7.4.1 Overview
- 7.4.2 Human Capital Management Market Revenue and Forecasts to 2030 (US$ Million)
7.5 Others
- 7.5.1 Overview
- 7.5.2 Others Market Revenue and Forecasts to 2030 (US$ Million)

8. Middle East & Africa Cloud ERP Market Analysis - Organization Size

8.1 Large Enterprises
- 8.1.1 Overview
- 8.1.2 Large Enterprises Market Revenue and Forecasts to 2030 (US$ Million)
8.2 SMEs
- 8.2.1 Overview
- 8.2.2 SMEs Market Revenue and Forecasts to 2030 (US$ Million)

9. Middle East & Africa Cloud ERP Market Analysis - Vertical

9.1 Manufacturing
- 9.1.1 Overview
- 9.1.2 Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
9.2 IT and Telecom
- 9.2.1 Overview
- 9.2.2 IT and Telecom Market Revenue and Forecasts to 2030 (US$ Million)
9.3 BFSI
- 9.3.1 Overview
- 9.3.2 BFSI Market Revenue and Forecasts to 2030 (US$ Million)
9.4 Healthcare
- 9.4.1 Overview
- 9.4.2 Healthcare Market Revenue and Forecasts to 2030 (US$ Million)
9.5 Retail
- 9.5.1 Overview
- 9.5.2 Retail Market Revenue and Forecasts to 2030 (US$ Million)
9.6 Government
- 9.6.1 Overview
- 9.6.2 Government Market Revenue and Forecasts to 2030 (US$ Million)
9.7 Aerospace and Defense
- 9.7.1 Overview
- 9.7.2 Aerospace and Defense Market Revenue and Forecasts to 2030 (US$ Million)
9.8 Others
- 9.8.1 Overview
- 9.8.2 Others Market Revenue and Forecasts to 2030 (US$ Million)

10. Middle East & Africa Cloud ERP Market - Country Analysis

10.1 Middle East & Africa
- 10.1.1 Middle East & Africa Cloud ERP Market Revenue and Forecasts and Analysis - By Countries
  - 10.1.1.1 South Africa: Middle East & Africa Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.1.1.1 South Africa: Middle East & Africa Cloud ERP Market Breakdown by Business Function
    - 10.1.1.1.2 South Africa: Middle East & Africa Cloud ERP Market Breakdown by Organization Size
    - 10.1.1.1.3 South Africa: Middle East & Africa Cloud ERP Market Breakdown by Vertical
  - 10.1.1.2 Saudi Arabia: Middle East & Africa Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.1.2.1 Saudi Arabia: Middle East & Africa Cloud ERP Market Breakdown by Business Function
    - 10.1.1.2.2 Saudi Arabia: Middle East & Africa Cloud ERP Market Breakdown by Organization Size
    - 10.1.1.2.3 Saudi Arabia: Middle East & Africa Cloud ERP Market Breakdown by Vertical
  - 10.1.1.3 UAE: Middle East & Africa Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.1.3.1 UAE: Middle East & Africa Cloud ERP Market Breakdown by Business Function
    - 10.1.1.3.2 UAE: Middle East & Africa Cloud ERP Market Breakdown by Organization Size
    - 10.1.1.3.3 UAE: Middle East & Africa Cloud ERP Market Breakdown by Vertical
  - 10.1.1.4 Rest of Middle East & Africa: Middle East & Africa Cloud ERP Market Revenue and Forecasts to 2030 (US$ Mn)
    - 10.1.1.4.1 Rest of Middle East & Africa: Middle East & Africa Cloud ERP Market Breakdown by Business Function
    - 10.1.1.4.2 Rest of Middle East & Africa: Middle East & Africa Cloud ERP Market Breakdown by Organization Size
    - 10.1.1.4.3 Rest of Middle East & Africa: Middle East & Africa Cloud ERP Market Breakdown by Vertical

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions

12. COMPANY PROFILES

12.1 Infor Inc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Microsoft Corp
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Oracle Corp
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Sage Group Plc
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 SAP SE
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Workday Inc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 SYSPRO Proprietary Ltd
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Epicor Software Corp
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Unit4 Group Holding BV
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments

13. Appendix

13.1 Word Index