The major players in the global Microsoft Dynamics services are Tata Consultancy Services, Capgemini SE, Cognizant Technology, Infosys Limited, DXC Technology Company, and Wipro. These organizations are planning on acquiring or to merge into a collaborations in order to rise their market share in the global Microsoft Dynamics services market. Technology giant, Microsoft entering into a strategic partnership with InMobi to enable new club based platforms for marketers explains the need of cloud based solutions for enterprises in order increase the productivity and visibility. GE and Microsoft went hand in hand in order to acllerate industrial IoT adoption for customers.
On the basis of end-user type, the Microsoft
dynamics services market is classified into BFSI, telecom
and IT, retail, healthcare, manufacturing, and others. Amongst the pack, IT and
Telecom segment is anticipated to be a major revenue generator in 2026.The
global market for Microsoft Dynamics services market is expected to rise at a
14.5% CAGR during the forecast period from 2018 – 2026. During this period the
market is anticipated to be valued at US$ 11239.5 mn. Presently North America
holds the leading market share of 45%, but Asia Pacific region is expected to
become the fastest growing market in years to come.
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Digital Transformation Turns Out To Be a Major Factor
Driving the Market Growth
These days numerous enterprises try to digitize important
work across their value chain. This particular factor has turned out to be the
boon for the market growth, as nowadays, customer ask for more control on their
interactions with companies and business. Moreover, stringent regulations,
rising pressure from customers, and compliance among companies is having a
positive impact on the digital transformation. Old technologies are being taken
over by the new technologies, or the new ones are more upgraded, as the IT continues
to evolve overtime. Digital transformation is helping organizations all across
the world to curb on manual errors. This helps an organization to utilize the
data of the customers, error-free. Various organizations are using Microsoft
Dynamics solutions in order to interact with the customers regarding previous
transactions, products. Microsoft Dynamics also aids in business operations by
using real-time data, thus helping in making decisions.
Flexible Architecture and Familiar User Interface in Microsoft
Dynamics Services Products, Stokes the Market Growth
Various industries such as retail, manufacturing, banking
and finance, and IT and telecom are expected to drive the market for the global
Microsoft Dynamics services solutions, as their products are used for tracking
all the interactions with the customers while managing operations of various
functions in an efficient way. Rise in need of Microsoft Dynamics services
surges due to increasing adaptation of their products which are known for their
flexible architecture, familiar user interface, strong partner support, and
deployment options. Based on these factors the market is expected to grow at an
exponential grow during the forecast period. Other factors such as flexible
pricing models, surge in need of solutions for medium and small businesses, and
cost- effectiveness are anticipated to rise the cloud based segment, thus
bolstering the growth of the market during the forecast period.
The information presented in this review is based on a TMR
report, titled “Microsoft Dynamics Services Market ( Deployment Type - on
premise, cloud-based; Product Type - ERP, CRM; Service Type -
Advisory/Consulting Services, Implementation, Upgradation and Migration
Services, Maintenance, Support Services; End use - BFSI, Manufacturing, Retail,
IT and Telecom, Government, Utilities, Healthcare)- Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2018 - 2026
The global Microsoft Dynamics services has been segmented as
presented below:
Microsoft Dynamics Services Market Analysis, by
Deployment Type
- On-premise
- Cloud-based
Microsoft Dynamics Services Market Analysis, by Product
Type
- ERP
- CRM
Microsoft Dynamics Services Market Analysis, by Service
Type
- Advisory/Consulting
Services
- Implementation
- Upgradation
and Migration Services
- Maintenance
and Support Services
Microsoft Dynamics Services Market Analysis, by End-User
- BFSI
- Manufacturing
- Retail
- IT
and Telecom
- Education
- Healthcare
- Manufacturing
- Retail
- Others
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