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Global Enterprise Resource Planning (ERP) Software Market: By Deployment Type: SaaS and Cloud, On Premise; By Industry Vertical: Manufacturing, BFSI, Healthcare, Retail and Distribution, Government and Utilities, IT and Telecom, Construction, Aerospace & Defence, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Enterprise Resource Planning (ERP) Software Market Analysis
8.1 Key Industry Highlights
8.2 Global Enterprise Resource Planning (ERP) Software Historical Market (2018-2023)
8.3 Global Enterprise Resource Planning (ERP) Software Market Forecast (2024-2032)
8.4 Global Enterprise Resource Planning (ERP) Software Market by Deployment Type
8.4.1 SaaS and Cloud
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 On Premise
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Enterprise Resource Planning (ERP) Software Market by Industry Vertical
8.5.1 Manufacturing
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 BFSI
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Healthcare
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Retail and Distribution
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Government and Utilities
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 IT and Telecom
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Construction
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.8 Aerospace & Defence
8.5.8.1 Historical Trend (2018-2023)
8.5.8.2 Forecast Trend (2024-2032)
8.5.9 Others
8.6 Global Enterprise Resource Planning (ERP) Software Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Enterprise Resource Planning (ERP) Software Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Enterprise Resource Planning (ERP) Software Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Enterprise Resource Planning (ERP) Software Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Enterprise Resource Planning (ERP) Software Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Enterprise Resource Planning (ERP) Software Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Sage Group plc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Chetu Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Oracle Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Pegasystems Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Infor
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Microsoft Corporation
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 SAP SE
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Enterprise Resource Planning (ERP) Software Market: Key Industry Highlights, 2018 and 2032
2. Global Enterprise Resource Planning (ERP) Software Historical Market: Breakup by Deployment Type (USD Billion), 2018-2023
3. Global Enterprise Resource Planning (ERP) Software Market Forecast: Breakup by Deployment Type (USD Billion), 2024-2032
4. Global Enterprise Resource Planning (ERP) Software Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2023
5. Global Enterprise Resource Planning (ERP) Software Market Forecast: Breakup by Industry Vertical (USD Billion), 2024-2032
6. Global Enterprise Resource Planning (ERP) Software Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Enterprise Resource Planning (ERP) Software Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Enterprise Resource Planning (ERP) Software Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Enterprise Resource Planning (ERP) Software Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Enterprise Resource Planning (ERP) Software Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Enterprise Resource Planning (ERP) Software Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Enterprise Resource Planning (ERP) Software Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Enterprise Resource Planning (ERP) Software Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Enterprise Resource Planning (ERP) Software Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Enterprise Resource Planning (ERP) Software Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Enterprise Resource Planning (ERP) Software Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Enterprise Resource Planning (ERP) Software Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Enterprise Resource Planning (ERP) Software Market Structure
Key Questions Answered in the Report
In 2023, the enterprise resource planning (ERP) software market reached an approximate value of USD 47.62 billion.
The market is expected to grow at a CAGR of 8.0% between 2024 and 2032.
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.
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