The Enterprise Resource Planning (ERP) solution market in India is growing at a rapid rate. According to a report by MarketsandMarkets, the ERP solution market in India is expected to grow from US$2.9 billion in 2020 to US$4.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 8.2% during the forecast period.
The growth of the ERP solution market in India can be attributed to the increasing adoption of cloud-based ERP solutions and the growing demand for digital transformation across various industries such as manufacturing, retail, healthcare, and BFSI. Additionally, government initiatives such as Digital India and Make in India are also contributing to the growth of ERP adoption in the country.
This story is from the April, 2023 edition of PCQuest.
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This story is from the April, 2023 edition of PCQuest.
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