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Stock impact report

Cloud ERP Global Analysis Report 2024: Market to Rise to $84.7 Billion this Year Driven by Technological Advancements and Digital Transformation - Long-term Forecast to 2028 and 2033 [Yaho...

KKR & Co. Inc. (KKR) 
Last kkr & co. inc. earnings: 1/31 06:50 am Check Earnings Report
US:NYSE Investor Relations: ir.kkr.com
Company Research Source: Yahoo! Finance
The global cloud ERP market is experiencing a robust growth trajectory, marking a significant rise from $72.75 billion in 2023 to an estimated $84.7 billion in 2024. This notable compound annual growth rate (CAGR) of 16.4% can be attributed to several factors including the rising demand for enterprise resource planning (ERP), the accelerated adoption of cloud computing, governmental advocacy for cloud ERP adoption, heightened awareness of cloud ERP benefits, and the forces of globalization. Major trends observed in the market are shaping the future of cloud ERP, including the adoption of hybrid models, the integration of real-time analytics, the burgeoning momentum towards eco-friendly solutions, and innovative methodologies in software updates. Prominent Market Development Propelled by Digital Economy and Industry-specific Demand Looking ahead, the cloud ERP market is set to grow to an estimated value of $154.59 billion by 2028, with a continued CAGR of 16.2%. This forecast pe Show less Read more
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