Infor Solutions and Consulting Market Size and Forecast 2024 to 2031
The Global Infor Solutions and Consulting Market was valued at USD 260.4 Million in 2023 and is anticipated to reach a value of USD 450.7 Million by 2031 expanding at a CAGR of 7.2% between 2024 and 2031.
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Infor Solutions and Consulting refers to the set of products and services provided by Infor. This software includes a wide range of solutions and services for boosting productivity, accelerating growth, and optimize business operations. Infor Solutions and Consulting refers to a sophisticated approach that combines cutting-edge technology solutions with advisory services to streamline business operations. It involves suite of software applications tailored to various industries, such as manufacturing, healthcare, retail, telecommunications, and finance to enhance decision-making, and improve overall efficiency. The market is influenced by factors such as digital transformation, regulatory compliance, growing focus on improving customer experience, and rising cybersecurity concerns. The infor solutions and consulting market serves both small, medium enterprises, and large enterprises. Infor offers on-premises and cloud-based solutions and helps organization towards the implementation process. Continuous technological developments in the fields of artificial intelligence (AI), the Internet of Things (IoT), and machine learning are transforming the information solutions and consulting market.
Infor Solutions and Consulting Market Major Driving Forces
· Digital Transformation: One of the key driving factor of as infor solutions and consulting market is the digital transformation. Ongoing digital transformation across various industries drives demand for infor solutions and consulting services that can guide this transformation.
· Regulatory Compliance: One of the key driving factors in the global infor solutions and consulting market is industry compliance and regulations. Infor solutions and consulting services help businesses comply with strict industry-specific regulations, and prevent consequences.
· Growing Focus on Improving Customer Experience: The increasing emphasis on enhancing customer experience drives demand for Infor solutions. Organizations are adopting Infor solutions as they prioritizing customer experience to improve customer satisfaction, loyalty, and retention.
· Rising Cybersecurity Concerns: The increasing incidences of threats to data security and cybercrime is another major driving factor of the infor solutions and consulting market. Organizations are investing in cybersecurity solutions and consulting services to identify and mitigate risks, and protect sensitive information.
Infor Solutions and Consulting Market Key Opportunities
· Technological Advancements: Rapid advancements in technologies such as AI, machine learning, and IoT is expected to offer numerous opportunities to innovate solution effectively. Leveraging IoT into Infor's solutions can improve efficiency, and optimize operations. Furthermore, AI and machine learning can enhance decision-making and automation.
· Rise of Remote Work: The growing trend towards remote work models is creating opportunities for infor solutions and consulting market expansion. With the rise of remote work, organizations seek for solutions that facilitate collaboration and productivity effectively. Infor solutions provide expert guidance and support to organizations in the implementation, customization, and optimization.
· Industry-Specific Solutions: Customers increasingly seek industry-specific solutions for their specific requirements. Vendors can focus on developing tailored consulting services for specific industries, such as healthcare, retail, finance, and manufacturing to enhances customer engagement and loyalty, creating opportunities markets.
Infor Solutions and Consulting Market Key Trends
· The growing shift to cloud-based solutions due to their scalability, flexibility, and cost-effectiveness
· Growing emphasis on developing industry-specific solutions that addresses their unique needs and challenges
· Integration of AI, machine learning and IoT into Infor's solutions to enhance decision-, making, efficiency and automation
· The trend of remote and hybrid work models is influencing demand for infor solutions and consulting services for employee engagement, and productivity
· Growing focus on enhancing customer experience is boosting demand for infor solutions and consulting services that focus on improving customer engagement and satisfaction
· There is a shift toward more personalized consulting services tailor their services to meet the specific needs of clients
· Ongoing digital transformation initiatives in organizations is creating a need for consulting services that can guide through this transformation and process optimization
Region-wise Market Insights
North America accounted for the largest market share at 36.6% in 2023 whereas, Asia Pacific is expected to register the fastest growth, expanding at a CAGR of 7.7% between 2024 and 2031.
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In North America, the demand is driven by a mature technology landscape, existence of major technology companies, stringent regulatory standards, and advanced technological infrastructure in the region. Additionally, early adoption of innovative solutions, strong industry presence, active digital transformation, and strong focus on industry-specific solutions fuels the regional market growth. In Europe, stringent regulations, such as GDPR, growing focus on sustainable practices, increasing digitalization, and diverse customer base drives regional infor solutions and consulting market growth. In Asia-Pacific, the market is characterized by economic development, digital transformation, high adoption rates of cloud computing, and ongoing modernizations of organizations which has created an increasing demand for infor solutions and consulting. The Middle East and Africa has been witnessing a growing demand for infor solutions and consulting due to government initiatives for digital transformation whereas, in South America, the market is influenced by economic factors, with increasing adoption of digital solutions, growth of finance, telecommunications, and retail sectors, and government initiatives promoting digitalization.
Market Competition Landscape
The global infor solutions and consulting market is highly competitive with the presence numerous industry players vying for market share. Key players in the infor solutions and consulting market engage in strategies aimed at gaining a competitive edge. These strategies include product innovation, mergers and acquisitions, partnerships and collaborations, and investments in research and development to meet evolving consumer preferences. Established brands leverage their reputation for quality and reliability to maintain market share, while newer entrants focus on disruptive innovations and unique selling propositions.
These companies integrate advanced technologies, such as AI, machine learning, and IoT capabilities to reduce manual tasks, improve accuracy, and increase efficiency. Moreover, key market players are making R&D investments to bring advanced technologies and solutions to the market.
Key players in the global infor solutions and consulting market implement various organic and inorganic strategies to strengthen and improve their market positioning. Prominent players in the market include:
· Accenture
· Deloitte
· Grant Thornton Bharat LLP
· HCL Technologies Limited
· TATA Consultancy Services Limited
· Wipro
· Providence Consulting Group, LTD.
· Fortude
· RPI Consultants
· Apex Systems
· IBM Corporation
· Microsoft Corporation
· Oracle Corporation
· Infor
Report Attribute/Metric |
Details |
Market Revenue in 2023 |
USD 260.4 Million |
Market Revenue in 2031 |
USD 450.7 Million |
CAGR (2024 – 2031) |
7.2% |
Base Year |
2023 |
Forecast Period |
2024 – 2031 |
Historical Data |
2019 to 2023 |
Forecast Unit |
Value (US$ Mn) |
Key Report Deliverable |
Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape |
Segments Covered |
· By Solution Type (Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Human Capital Management (HCM), and Supply Chain Management (SCM)) · By Deployment Mode (On-premises, and Cloud-Based) · By Organization Size (SMEs, and Large Enterprises) · By Industry (Healthcare, Retail, Finance, Manufacturing, Telecommunications, and Others) |
Geographies Covered |
North America: U.S., Canada and Mexico Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific South America: Brazil, Argentina, and Rest of Latin America Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East & Africa |
Key Players Analyzed |
Accenture,Deloitte,Grant Thornton Bharat LLP,HCL Technologies Limited,TATA Consultancy Services Limited,Wipro,Providence Consulting Group, LTD.,Fortude,RPI Consultants,Birlasoft Limited,Apex Systems,IBM Corporation,Microsoft Corporation,Oracle Corporation,Infor |
Customization & Pricing |
Available on Request (10% Customization is Free) |