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Global Market Trajectory & Analytics

The global market for Cloud ERP estimated at US$ 23.9 Billion in 2022

Amid the COVID-19 crisis, the global market for #Cloud_ERP estimated at US$23.9 Billion in the year 2022, is projected to reach a revised size of US$42.4 Billion by 2027, growing at a CAGR of 8.6% over the period 2022-2027.

Mainwhile, The #Cloud_ERP market in the U.S. is estimated at US$7.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$7.4 Billion by the year 2027 trailing a CAGR of 8.1% over the analysis period 2022 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 7% respectively over the 2022-2027 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.

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