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Report Overview
The global enterprise resource planning (ERP) software market size reached around USD 47.62 Billion in 2024. The market is projected to grow at a CAGR of 8.00% between 2025 and 2034 to reach nearly USD 102.81 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
-
As of 2022, 27% of companies were using ERP software to manage sales operations. This has increased market’s revenue.
-
Manufacturing companies stand out as the primary adopters of ERP software, holding the top position in the ERP user base.
-
As per industry reports, around 28% of companies reported positive ROI within a year of ERP software use.
Compound Annual Growth Rate
Value in USD Billion
8%
2025-2034
Enterprise Resource Planning (ERP) Software Market Outlook
*this image is indicative*
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Enterprise Resource Planning (ERP) Software Market Growth
The enterprise resource planning (ERP) software is a software which enables business process management and helps an organisation achieve good management of the business using integrated applications system, along with the automation of several back-office functions associated with technology, services, and human resources. It is used by businesses to manage daily activities such as procurement, accounting, project management, and risk management.
The growing focus of the organisations on adopting enterprise resource planning software for workflow automation is anticipated to provide a positive enterprise resource planning (ERP) software market outlook in the coming years. ERP helps integrate business process and improve efficiency across departments. As per industry reports, ERP systems can reduce administrative costs by 22% and improve efficiency and productivity. Further, ERP also comes with customer relationship management (CRM) features that help streamline customer data, along with improved tracking and visibility features that help report and analyse business metrics. These factors are anticipated to bolster the market’s growth in the forecast period.
Key Trends and Developments
Rising popularity of cloud-based ERP solutions and development of user-friendly interfaces are factors influencing the enterprise resource planning (ERP) software market development
Increased adoption by small and medium-sized businesses
SMEs are increasingly adopting ERP software to streamline their operations and improve competitiveness. As per industry reports, 64% of companies are planning to implement ERP within the next three years, which can propel enterprise resource planning (ERP) software market growth.
Rising popularity of cloud-based ERP solutions
Cloud-based ERP solutions are gaining popularity due to their flexibility, scalability, cost-effectiveness, and the need to improve operational efficiency. Unit 4 Company recently collaborated with Enbridge Consulting to provide SaaS-based ERP systems for medium-sized businesses.
Integration with emerging technologies
ERP software is being integrated with artificial intelligence, blockchain, and the Internet of Things (IoT) to enhance business operations. This integration is expected to improve data analysis, supply chain management, decision-making, and customer engagement.
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Purchase the Regional Overview for
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Enterprise Resource Planning (ERP) Software Market Trends
The business intelligence, big data, and analytics capabilities are coming up as attractive sectors for the market for ERP, where ERPs will be used for more than just data reporting, further enabling customers to make quick decisions. The growing digitalisation and evolving customer demands are resulting in a need for continuous improvements. For this, the leading companies such as Oracle are expanding their AI capabilities by making significant investments.
Further, the rapid growth of the manufacturing sector, coupled with the shift towards automation is expected to significantly enhance the adoption of ERP software in the sector. Thus, the technological innovations and adoptions are expected to fuel enterprise resource planning (ERP) software market expansion during the forecast period.
Moreover, the market is witnessing an increasing demand for hybrid ERP software due to its perfect amalgamation of in-house ERP and cloud-based ERP applications. Many organisations want to improve ERP functionality without changing or adding the in-house legacy system, driving the penetration of hybrid ERP software.
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Enterprise Resource Planning (ERP) Software Industry Segmentation
The EMR’s report titled “Enterprise Resource Planning (ERP) Software Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Deployment Type
- SaaS and Cloud
- On Premise
Market Breakup by Industry Vertical
- Manufacturing
- BFSI
- Healthcare
- Retail and Distribution
- Government and Utilities
- IT and Telecom
- Construction
- Aerospace & Defence
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Enterprise Resource Planning (ERP) Software Market Share
Cloud deployment mode segment is gaining traction due to its efficacy, scalability, and ease of use
The cloud-based ERP software are increasingly being preferred over the on-premises solution, due to its favourable features, such as cost-effective implementation, reduced operational cost, improved business agility, and ease of start-up and maintenance. As per industry reports, 96% of companies believe that most of their data will be cloud-based in 5 years, and 76% of businesses have moved or started to move on-premises ERP to the Cloud.
The on-premises deployment mode segment generated the maximum market revenue in 2020, with around half of the total market share. However, the segment is expected to experience a slower growth rate compared to the cloud segment due to the increasing adoption of cloud-based solutions.
As per enterprise resource planning (ERP) software market analysis, the growing demand for cloud and mobile applications, the need for operational efficiency and transparency in business processes, and the rise in data generation through different supply chains are key drivers for the growth of the cloud deployment mode segment. Additionally, the increasing adoption of connected devices that effectively manage business operations and provide real-time insights allows business owners to opt for cloud-based ERP solutions to process excessive data efficiently.
Manufacturing industries extensively use ERP software to streamline their business operations
The manufacturing segment is expected to dominate the enterprise resource planning (ERP) software market share due to the increasing adoption of ERP software to manage their supply chain, inventory, and production processes effectively. The BFSI segment is also expected to have a significant market share due to the increasing adoption of ERP software in the banking and financial services sector. ERP software helps BFSI companies manage their financial transactions, customer relationships, and supply chain operations effectively. The healthcare segment is expected to have a moderate market share as ERP software helps healthcare companies manage their patient records, medical supplies, and financial transactions effectively.
Leading Companies in the Enterprise Resource Planning (ERP) Software Market
Market players are focused on developing software with added AI technologies to cater to the evolving needs of organisations across various sectors
Sage Group plc
Sage Group plc was founded in 1981 and is headquartered in Newcastle upon Tyne, England. The company offers enterprise resource planning (ERP) software, customer relationship management (CRM) software, human resource management software, and online payments. It provides software development, implementation, and support services for SMEs.
Chetu Inc.
Chetu Inc. was founded in 2000 and is headquartered in Florida, United States. It provides custom software development, process and systems design, business intelligence and reporting, systems integration, testing, maintenance, and support services for healthcare, retail, and finance industries.
Oracle Corporation
Oracle Corporation was founded in 1977 and is headquartered in California, United States. It provides software development, implementation, and support services for large-scale enterprise operations. The company also offers database management systems, enterprise resource planning (ERP) software, customer relationship management (CRM) software, and cloud computing services.
Pegasystems Inc.
Pegasystems Inc. was founded in 1983 and is headquartered in Massachusetts, United States. The company offers a range of products, including low-code workflow automation, generative AI-powered decisioning, customer relationship management (CRM) software, business process management (BPM) software, and more.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the global enterprise resource planning (ERP) software market include Infor, Microsoft Corporation, and SAP SE, among others.
Enterprise Resource Planning (ERP) Software Market Analysis by Region
North America has a substantial market share, driven by the need to automate business functionalities and the presence of numerous market players
North America is expected to have a dominant share due to the rising adoption of ERP software by small and medium-sized companies, increasing investments by ERP vendors in software development with the latest technologies, and the presence of numerous market players. For instance, IBM extended its partnership with SAP SE in May 2022, aiming to use SAP ERP software and migrate to SAP S/4HANA across 120 countries and support AI-driven decision-making and automate workflows. The region's growth is driven by the need to automate business functionalities through digital methods, with key regional players investing in research and development activities to develop enhanced ERP solutions.
According to enterprise resource planning (ERP) software market report, share of Asia Pacific is expected to grow significantly due to the booming manufacturing sector and growing small and medium enterprises. Additionally, the increasing number of start-ups and their rising demand for cloud-based solutions is further anticipated to boost the market growth. For instance, in October 2023, India had over 1,12,718 DPIIT-recognised startups across 763 sectors, while Australia, in 2021, had around 18,000 technology start-ups. The region's growth is also driven by the continually evolving industry verticals, including manufacturing, BFSI, and transportation & logistics.
Enterprise Resource Planning (ERP) Software Market Report Snapshots
Enterprise Resource Planning (ERP) Software Market Size
Enterprise Resource Planning (ERP) Software Market Growth
Enterprise Resource Planning (ERP) Software Market Trends
Enterprise Resource Planning (ERP) Software Market Share
Enterprise Resource Planning (ERP) Software Companies
Enterprise Resource Planning (ERP) Software Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market attained a value of nearly USD 47.62 Billion.
The market is assessed to grow at a CAGR of 8.00% between 2025 and 2034.
The major drivers of the market include adoption of SMBs and SaaS in the industry, rising application in the healthcare industry, rising construction activities are expected to aid the industry growth.
Key trends aiding market expansion include the emerging trend of the on-the-go feature, increasing adoption of remote working models, growth of e-commerce channels, and increasing digitisation of business processes.
The major deployment modes of enterprise resource planning (ERP) software in the market are SaaS and cloud, and on premise.
The significant industry verticals in the market are manufacturing, BFSI, healthcare, retail and distribution, government and utilities, IT and telecom, construction, aerospace and defence, among others.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Key players in the market are Sage Group plc, Chetu Inc., Oracle Corporation, Pegasystems Inc., Infor, Microsoft Corporation, and SAP SE, among others.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 102.81 Billion by 2034.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Deployment Type |
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| Breakup by Industry Vertical |
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| Breakup by Region |
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