Worldwide ERP Applications 2009-2013 Forecast and 2008 Vendor Shares

IDC
October 4, 2009
25 Pages - SKU: IDC2481914
License type:

This IDC study demonstrates that new and existing buyers had little conviction as the 2008 worldwide enterprise resource planning (ERP) applications market hit a plateau in the face of the deepening recession that dragged the performance of a large swath of software vendors.

Albert Pang, IDC research director of Enterprise Applications, said, "The market is not expected to turn up anytime soon when excess capacity within asset-intensive industries, one of the biggest buyers of ERP applications, will force companies to reduce their software spending. However, small to medium-sized enterprises, particularly those in services sectors, along with organizations in fast-growing markets like China and India, will serve as the catalyst for the eventual rebound of the market through the forecast period.''