Global SAP HANA And S4HANA Market Size By Solution, By Deployment Model, By Industry, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global SAP HANA And S4HANA Market Size By Solution, By Deployment Model, By Industry, By Geographic Scope And Forecast
SAP HANA And S4HANA Market Size And Forecast
SAP HANA And S4HANA Market size was valued at USD 25.29 Billion in 2023 and is projected to reach USD 103.33 Billion by 2030, growing at a CAGR of 26.44% during the forecast period 2024-2030.
Global SAP HANA And S4HANA Market Drivers
The market drivers for the SAP HANA And S4HANA Market can be influenced by various factors. These may include
Digital Transformation To increase productivity, flexibility, and competitiveness, many businesses are implementing digital transformation programs. SAP HANA and S/4HANA are appealing options for these projects because of their sophisticated capabilities for data management, analytics, and business process automation.
Data Explosion There is a rapid increase in the amount, speed, and variety of data. Organizations can swiftly process and gain significant insights from massive volumes of data thanks to SAP HANA’s in-memory computing capabilities.
Real-Time Analytics In order to make quicker, more informed decisions, businesses are putting more and more pressure on real-time information. SAP HANA’s adoption is mostly driven by its real-time, complicated analytics capabilities on massive datasets.
Cloud Adoption Demand for cloud-based enterprise apps is rising as more companies shift their IT infrastructure to the cloud. Cloud versions of SAP’s S/4HANA and HANA software are propelling the market’s expansion.
Big Data and the Internet of Things As a result of linked devices, the Internet of Things is producing enormous volumes of data. Because of its capabilities, SAP HANA is a good choice for managing IoT data and conducting sophisticated analytics on it.
Improved Business Processes SAP’s S/4HANA, the next-generation ERP system, has a more user-friendly interface, simpler data models, and better business processes. S/4HANA is being used by organizations to improve productivity and spur expansion.
Compliance and Security As laws pertaining to data privacy and security become more stringent, businesses are looking to solutions like SAP HANA and S/4HANA, which provide cutting-edge security features and aid in regulatory compliance.
Competitive Environment Other suppliers of comparable products compete with SAP. SAP keeps innovating and improving its HANA and S/4HANA offerings in order to remain competitive, which propels market expansion.
Global SAP HANA And S4HANA Market Restraints
Several factors can act as restraints or challenges for the SAP HANA And S4HANA Market . These may include
High Cost Some firms, especially smaller ones, may be discouraged from installing SAP HANA or S/4HANA due to the hefty upfront expenses associated with software, hardware, and implementation.
Complexity of Implementation Companies with limited resources or experience may find it difficult to implement SAP HANA or S/4HANA since they can be complicated and demand a large amount of time and labor, including trained professionals.
Integration Difficulties It can be difficult to integrate SAP HANA or S/4HANA with current systems and procedures, especially for businesses with complicated IT setups. This can impede adoption.
Security Issues Given the sensitive nature of corporate data, there may be security issues with the data housed in SAP HANA or S/4HANA, which could hinder adoption.
Lack of Knowledge or Understanding Adoption may be hampered by certain organizations’ incomplete knowledge of the advantages of SAP HANA or S/4HANA or its potential to assist them overcome business obstacles.
Vendor Lock-In Using SAP HANA or S/4HANA may result in an organization’s dependence on SAP for upgrades and continuing support. This is a risk that some enterprises may find unsettling.
Regulatory Compliance Businesses in regulated sectors may find it difficult to make sure that their usage of S/4HANA or SAP HANA conforms with applicable laws, which could prevent adoption.
Performance Issues Despite the great performance of SAP HANA and S/4HANA, many businesses may have questions about these technologies’ ability to meet their unique performance requirements, especially when dealing with large workloads.
Global SAP HANA And S4HANA Market Segmentation Analysis
The Global SAP HANA And S4HANA Market is Segmented on the basis of Solution, Deployment Model, Industry, And Geography.
SAP HANA And S4HANA Market, By Solution
SAP HANA This segment includes the in-memory database platform itself, used for real-time data processing and analytics.
SAP S/4HANA This segment focuses on the enterprise resource planning (ERP) system built on the HANA platform, offering integrated business process management.
SAP S/4HANA Applications This segment encompasses various individual modules within S/4HANA, addressing specific functional areas like finance, human resources, supply chain, etc.
SAP HANA And S4HANA Market, By Deployment Model
On-Premise Traditional deployment model where software and hardware are owned and managed by the organization.
Cloud S/4HANA deployed in cloud environments like public, private, or hybrid cloud.
Managed Services Third-party providers handle the S/4HANA infrastructure and management.
SAP HANA And S4HANA Market, By Industry
Discrete Industries These are industries that produce physical goods, such as automotive, manufacturing, and aerospace.
Process Industries These are industries that produce chemical, pharmaceutical, and food products.
Service Industries These are industries that provide services, such as retail, healthcare, and financial services.
Public Services This segment includes government agencies and other public sector organizations.
SAP HANA And S4HANA Market, By Geography
North America Market conditions and demand in the United States, Canada, and Mexico.
Europe Analysis of the Health Care Credentialing Software Market in European countries.
Asia-Pacific Focusing on countries like China, India, Japan, South Korea, and others.
Middle East and Africa Examining market dynamics in the Middle East and African regions.
Latin America Covering market trends and developments in countries across Latin America.
Key Players
The major players in the SAP HANA And S4HANA Market are
SAP SE
Accenture
Deloitte Consulting
KPMG
EY
Infosys
Tata Consultancy Services (TCS)
NTT DATA
Cognizant
Wipro
Capgemini
IBM
DXC Technology
Oracle
Microsoft
Amazon Web Services (AWS)
Google Cloud Platform (GCP)
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2020-2030
BASE YEAR
2023
FORECAST PERIOD
2024-2030
HISTORICAL PERIOD
2020-2022
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
SAP SE, Accenture, Deloitte Consulting, KPMG, EY, Tata Consultancy Services (TCS), NTT DATA, Cognizant, Wipro, IBM
SEGMENTS COVERED
By Solution, By Deployment Model, By Industry, And By Geography
CUSTOMIZATION SCOPE
Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
Top Trending Reports
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
• In case of any  please connect with our sales team, who will ensure that your requirements are met.
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
List Tables Figures
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
For a single, multi and corporate client license, the report will be available in PDF format.
Sample report would be given you in excel format. For more questions please contact:
