India ERP Software Market by Component (Software, and Services), Deployment (On-Premise, Cloud, and Hybrid), Business Function (Enterprise Asset Management, Financial Management, Human Capital Management, and Others), Application (Manufacturing, BFSI, Hea
Description
The India ERP Software Market size was valued at USD 1.68 billion in 2024 and is projected to grow to USD 2.13 billion by 2025. Additionally, the industry is expected to continue its growth trajectory, reaching USD 5.21 billion by 2030, with a CAGR of 19.56% from 2025 to 2030.
India is leading the regional ERP market growth, driven primarily by the rapid expansion of its healthcare sector. With the healthcare market projected to reach USD 638 billion by 2025 (according to IBEF), increasing investments in infrastructure, digital health, and rising expenditures are fuelling this surge. ERP systems have become crucial in managing complex healthcare functions such as electronic health records (EHR), billing, supply chain logistics, and regulatory compliance, helping providers improve operational efficiency and patient care delivery. As India’s healthcare sector undergoes digital transformation, ERP adoption becomes increasingly vital.
However, several challenges limit broader ERP penetration in India. The high implementation costs restrict many small businesses and rural healthcare providers from accessing these solutions. Additionally, a shortage of skilled ERP professionals capable of deploying and managing systems, especially within SMEs, complicates adoption efforts. India’s complex regulatory environment, with diverse compliance requirements varying across states and sectors, further challenges ERP integration and customization.
On the other hand, the integration of Internet of Things (IoT) technology with ERP systems is rapidly accelerating market opportunities. IoT-enabled ERP platforms provide real-time data visibility and enhanced operational control, enabling businesses to track inventory, monitor equipment health, and predict maintenance needs more effectively. A significant milestone was the March 2025 release of Epicor Kinetic 2025, a next-generation ERP solution with advanced IoT capabilities designed for real-time monitoring and predictive maintenance in manufacturing settings. This innovation exemplifies the transformative impact of IoT on ERP functionalities and highlights the growing demand for intelligent, connected enterprise solutions in India’s evolving digital economy.
Segment Overview
The ERP software industry is segmented on the basis of component, deployment, business function, application, end users, and region.
By component, the market is divided into software and services.
By deployment, the market is divided into on-premises, cloud, and hybrid.
By business function, the market is divided into enterprise asset management, financial management system, human capital management, manufacturing and operations, supply chain management, and others.
By application, the market is segmented into manufacturing, BFSI, healthcare, retail and distribution, government, IT and telecom, construction, aerospace and defence, and other industries.
By end-users, the market is segmented into small and medium-sized enterprises and large enterprises.
Key Benefits
• The report provides quantitative analysis and estimations of the ERP software market from 2025 to 2030. This analysis assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a detailed analysis of the ERP software market trends, including the current and future trends to depict the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the ERP software market is provided in the report.
• The competitive analysis of the market players along with their market share in the ERP software market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the roles of stakeholders.
India is leading the regional ERP market growth, driven primarily by the rapid expansion of its healthcare sector. With the healthcare market projected to reach USD 638 billion by 2025 (according to IBEF), increasing investments in infrastructure, digital health, and rising expenditures are fuelling this surge. ERP systems have become crucial in managing complex healthcare functions such as electronic health records (EHR), billing, supply chain logistics, and regulatory compliance, helping providers improve operational efficiency and patient care delivery. As India’s healthcare sector undergoes digital transformation, ERP adoption becomes increasingly vital.
However, several challenges limit broader ERP penetration in India. The high implementation costs restrict many small businesses and rural healthcare providers from accessing these solutions. Additionally, a shortage of skilled ERP professionals capable of deploying and managing systems, especially within SMEs, complicates adoption efforts. India’s complex regulatory environment, with diverse compliance requirements varying across states and sectors, further challenges ERP integration and customization.
On the other hand, the integration of Internet of Things (IoT) technology with ERP systems is rapidly accelerating market opportunities. IoT-enabled ERP platforms provide real-time data visibility and enhanced operational control, enabling businesses to track inventory, monitor equipment health, and predict maintenance needs more effectively. A significant milestone was the March 2025 release of Epicor Kinetic 2025, a next-generation ERP solution with advanced IoT capabilities designed for real-time monitoring and predictive maintenance in manufacturing settings. This innovation exemplifies the transformative impact of IoT on ERP functionalities and highlights the growing demand for intelligent, connected enterprise solutions in India’s evolving digital economy.
Segment Overview
The ERP software industry is segmented on the basis of component, deployment, business function, application, end users, and region.
By component, the market is divided into software and services.
By deployment, the market is divided into on-premises, cloud, and hybrid.
By business function, the market is divided into enterprise asset management, financial management system, human capital management, manufacturing and operations, supply chain management, and others.
By application, the market is segmented into manufacturing, BFSI, healthcare, retail and distribution, government, IT and telecom, construction, aerospace and defence, and other industries.
By end-users, the market is segmented into small and medium-sized enterprises and large enterprises.
Key Benefits
• The report provides quantitative analysis and estimations of the ERP software market from 2025 to 2030. This analysis assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a detailed analysis of the ERP software market trends, including the current and future trends to depict the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the ERP software market is provided in the report.
• The competitive analysis of the market players along with their market share in the ERP software market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the roles of stakeholders.
Table of Contents
- 1. Introduction
- 1.1 Report Description
- 1.2 Research Methodology
- 1.2.1 Secondary Research
- 1.2.2 Data Analysis Framework
- 1.2.3 Market Size Estimation
- 1.2.4 Forecasting
- 1.2.5 Primary Research And Data Validation
- 2. India Erp Software Market By Component
- 2.1 Overview
- 2.2 Software Market
- 2.3 Service Market
- 3. India Erp Software Market By Deployment
- 3.1 Overview
- 3.2 On Premise Market
- 3.3 Cloud Market
- 3.4 Hybrid Market
- 4. India Erp Software Market By Business Function
- 4.1 Overview
- 4.2 Enterprise Asset Management (Eam) Market
- 4.2.1 Record Assets (Asset Mgmt)
- 4.2.2 Analytics And Bi
- 4.2.3 Disposal Of Assets
- 4.2.4 Others
- 4.3 Financial Management System Market
- 4.3.1 Core Financials
- 4.3.2 Corporate Performance Mgmt (Cpm)
- 4.3.3 Financial Consolidation
- 4.3.4 Others
- 4.4 Human Capital Management (Hcm) Market
- 4.4.1 Talent Management
- 4.4.2 Administrative Hr
- 4.4.3 Workforce Management
- 4.4.4 Others
- 4.5 Manufacturing And Operations Market
- 4.5.1 Production Planning And Scheduling Products
- 4.5.2 Production Ops And Control Products
- 4.5.3 Manufacturing Information Mgmt Products
- 4.5.4 Others
- 4.6 Supply Chain Management (Scm) Market
- 4.6.1 Inventory Management
- 4.6.2 Warehouse Management
- 4.6.3 Transportation Management
- 4.6.4 Procurement
- 4.6.5 Contract Management
- 4.7 Others Market
- 5. India Erp Software Market By Application
- 5.1 Overview
- 5.2 Manufacturing Market
- 5.3 Bfsi Market
- 5.4 Healthcare Market
- 5.5 Retail And Distribution Market
- 5.6 Government Market
- 5.7 It And Telecom Market
- 5.8 Construction Market
- 5.9 Aerospace And Defense Market
- 5.10 Other Industries Market
- 6. India Erp Software Market By End User
- 6.1 Overview
- 6.2 Small And Medium Sized Enterprise Market
- 6.3 Large Enterprise Market
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