Enterprise Resource Planning (ERP) Software Market - Forecasts from 2025 to 2030
Description
The Enterprise Resource Planning (ERP) Software Market is expected to grow at a CAGR of 11.69%, reaching a market size of US$1,055.881 billion in 2030 from US$607.522 billion in 2025.
ERP software is an advanced computing software that allows businesses to manage their day-to-day operations by integrating, streamlining, and managing core business processes under a unified system. It combines a variety of business processes like accounting, procurement, risk management and compliance, human resources, etc.
The increasing use of technology to streamline operations, expanding internet access, and a notable rise in activity, especially among small and medium-sized enterprises, are expected to significantly contribute to the ERP market’s expansion. Strong advancements in key end-user industries further support this growth. The ERP market consists of various elements that cover a wide range of software solutions, service providers, and specialized technologies to fulfill the requirements of businesses.
Enterprise resource planning (ERP) software market drivers
A rise in small and medium enterprise investment with economic development and start-up support is projected to nudge market growth.
Surging investment and governmental support for small and medium enterprises (SMEs) are projected to support the market growth, creating scope for technology advancement and adoption, hence supporting the demand for ERP software. The SME sector has witnessed promising growth over the years and has been notably investing in technological upgradation and advancement. With the rise in computer technology inculcation to improve operations, the ERP software market is forecasted to witness promising growth.
A report published by the World Bank shows that small and medium enterprises account for 90% of global business and 50% of global employment generation. Reports by Oracle Netsuite, which is a leading provider of ERP Solutions, estimated that SMEs would grow at the rate of 7% through 2025 in the ERP market share.
Enterprise resource planning market geographical outlook
Asia-Pacific would be the fastest growing market for Enterprise Resource Planning Software Market
Region-wise, the global market is segmented into Asia-Pacific, North America, South America, Europe, Middle East and Africa. Asia-Pacific is expected to be the fastest-growing ERP market in the forecasted period.
The Asia Pacific region is forecasted to grow fastest, owing to a surge in internet penetration and booming investments in small and medium-scale enterprises. The growing economics of the Asian region, along with the increase in demand for cloud-based solutions for startups, is driving the ERP software solutions market growth. China is expected to hold a dominating share in the Asia-Pacific ERP software market, while India is projected to grow at the fastest CAGR.
Reasons for buying this report:
Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence
Report Coverage:
Historical data & forecasts from 2022 to 2030
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The enterprise resource planning market is segmented and analyzed as follows:
By Deployment Type
Cloud
On-Premise
By Enterprise Size
Small and Medium
Large
By Industry Verticals
BFSI
Healthcare
IT and Telecom
Manufacturing
Retail
Others
By Function
Finance
Marketing and Sales Management
Stock Management
Others
By Geography
North America
United States
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
Japan
China
India
South Korea
Indonesia
Thailand
Others
ERP software is an advanced computing software that allows businesses to manage their day-to-day operations by integrating, streamlining, and managing core business processes under a unified system. It combines a variety of business processes like accounting, procurement, risk management and compliance, human resources, etc.
The increasing use of technology to streamline operations, expanding internet access, and a notable rise in activity, especially among small and medium-sized enterprises, are expected to significantly contribute to the ERP market’s expansion. Strong advancements in key end-user industries further support this growth. The ERP market consists of various elements that cover a wide range of software solutions, service providers, and specialized technologies to fulfill the requirements of businesses.
Enterprise resource planning (ERP) software market drivers
A rise in small and medium enterprise investment with economic development and start-up support is projected to nudge market growth.
Surging investment and governmental support for small and medium enterprises (SMEs) are projected to support the market growth, creating scope for technology advancement and adoption, hence supporting the demand for ERP software. The SME sector has witnessed promising growth over the years and has been notably investing in technological upgradation and advancement. With the rise in computer technology inculcation to improve operations, the ERP software market is forecasted to witness promising growth.
A report published by the World Bank shows that small and medium enterprises account for 90% of global business and 50% of global employment generation. Reports by Oracle Netsuite, which is a leading provider of ERP Solutions, estimated that SMEs would grow at the rate of 7% through 2025 in the ERP market share.
Enterprise resource planning market geographical outlook
Asia-Pacific would be the fastest growing market for Enterprise Resource Planning Software Market
Region-wise, the global market is segmented into Asia-Pacific, North America, South America, Europe, Middle East and Africa. Asia-Pacific is expected to be the fastest-growing ERP market in the forecasted period.
The Asia Pacific region is forecasted to grow fastest, owing to a surge in internet penetration and booming investments in small and medium-scale enterprises. The growing economics of the Asian region, along with the increase in demand for cloud-based solutions for startups, is driving the ERP software solutions market growth. China is expected to hold a dominating share in the Asia-Pacific ERP software market, while India is projected to grow at the fastest CAGR.
Reasons for buying this report:
Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence
Report Coverage:
Historical data & forecasts from 2022 to 2030
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The enterprise resource planning market is segmented and analyzed as follows:
By Deployment Type
Cloud
On-Premise
By Enterprise Size
Small and Medium
Large
By Industry Verticals
BFSI
Healthcare
IT and Telecom
Manufacturing
Retail
Others
By Function
Finance
Marketing and Sales Management
Stock Management
Others
By Geography
North America
United States
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
Japan
China
India
South Korea
Indonesia
Thailand
Others
Table of Contents
143 Pages
- 1. INTRODUCTION
- 1.1. Market Overview
- 1.2. Market Definition
- 1.3. Scope of the Study
- 1.4. Market Segmentation
- 1.5. Currency
- 1.6. Assumptions
- 1.7. Base and Forecast Years Timeline
- 1.8. Key Benefits for the Stakeholders
- 2. RESEARCH METHODOLOGY
- 2.1. Research Design
- 2.2. Research Process
- 3. EXECUTIVE SUMMARY
- 3.1. Key Findings
- 3.2. Analyst View
- 4. MARKET DYNAMICS
- 4.1. Market Drivers
- 4.2. Market Restraints
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Supplier
- 4.3.2. Bargaining Power of Buyers
- 4.3.3. The Threat of New Entrants
- 4.3.4. Threat of Substitutes
- 4.3.5. Competitive Rivalry in the Industry
- 4.4. Industry Value Chain Analysis
- 5. ENTERPRISE RESOURCE PLANNING (ERP) SOFTWARE MARKET BY DEPLOYMENT TYPE
- 5.1. Introduction
- 5.2. Cloud
- 5.3. On-Premise
- 6. ENTERPRISE RESOURCE PLANNING (ERP) SOFTWARE MARKET BY ENTERPRISE SIZE
- 6.1. Small and Medium
- 6.2. Large
- 7. ENTERPRISE RESOURCE PLANNING (ERP) SOFTWARE MARKET BY INDUSTRY VERTICALS
- 7.1. BFSI
- 7.2. Healthcare
- 7.3. IT and Telecom
- 7.4. Manufacturing
- 7.5. Retail
- 7.6. Others
- 8. ENTERPRISE RESOURCE PLANNING (ERP) SOFTWARE MARKET BY FUNCTION
- 8.1. Finance
- 8.2. Marketing and Sales Management
- 8.3. Stock Management
- 8.4. Others
- 9. ENTERPRISE RESOURCE PLANNING (ERP) SOFTWARE MARKET BY GEOGRAPHY
- 9.1. Introduction
- 9.2. North America
- 9.2.1. United States
- 9.2.2. Canada
- 9.2.3. Mexico
- 9.3. South America
- 9.3.1. Brazil
- 9.3.2. Argentina
- 9.3.3. Others
- 9.4. Europe
- 9.4.1. UK
- 9.4.2. Germany
- 9.4.3. France
- 9.4.4. Italy
- 9.4.5. Others
- 9.5. Middle East and Africa
- 9.5.1. Saudi Arabia
- 9.5.2. Israel
- 9.5.3. Others
- 9.6. Asia Pacific
- 9.6.1. Japan
- 9.6.2. China
- 9.6.3. India
- 9.6.4. South Korea
- 9.6.5. Indonesia
- 9.6.6. Thailand
- 9.6.7. Others
- 10. COMPETITIVE ENVIRONMENT AND ANALYSIS
- 10.1. Major Players and Strategy Analysis
- 10.2. Market Share Analysis
- 10.3. Mergers, Acquisitions, Agreements, and Collaborations
- 10.4. Competitive Dashboard
- 11. COMPANY PROFILES
- 11.1. SAP SE
- 11.2. Oracle
- 11.3. Acumatica Inc.
- 11.4. Odoo S.A.
- 11.5. Saga
- 11.6. Wrike Inc.
- 11.7. Workday Inc.
- 11.8. Deltek Inc.
- 11.9. Epicor Software Corporation
- 11.10. Infor
- 11.11. Microsoft Corporation
- 11.12. Citric System Inc.
- 11.13. Intuit Inc.
- 11.14. Constellation Software Inc.
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