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ERP Software Market Size, Share, and Analysis, By Deployment (Cloud, On-premises, and Hybrid), By Business Function (Finance, Human Resource (HR), Supply Chain, Customer Management, Inventory Management, Manufacturing Module, and Others), By Enterprise Type (Small & Medium Enterprise and Large Enterprise), By End User (Manufacturing, BFSI, Healthcare, Retail & Distribution, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2023-2032

January 2024 | 533 pages | ID: EC65612B193EEN
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ERP Software Market Size, Share, and Analysis, By Deployment (Cloud, On-premises, and Hybrid), By Business Function (Finance, Human Resource (HR), Supply Chain, Customer Management, Inventory Management, Manufacturing Module, and Others), By Enterprise Type (Small & Medium Enterprise and Large Enterprise), By End User (Manufacturing, BFSI, Healthcare, Retail & Distribution, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2023-2032

PRODUCT OVERVIEW

ERP Software Market is anticipated t%li%grow at a CAGR of 10.2% in the forecast period (2023-2032), with the market size valued at USD 51.73 billion in 2021 and projected t%li%reach USD 150.2 billion by 2032.

Enterprise Resource Planning (ERP) software is a set of integrated tools designed t%li%automate essential operations within an organization. The software performs critical functions like accounting, human resources, inventory management, supply chain operations, customer relationship management (CRM), and more. ERP provides a centralized system that integrate business operations, facilitates informed decision-making, and provides real-time access t%li%critical information. Additionally, ERP software offers modules that can be customized t%li%meet specific business requirements, which enhances efficiency and flexibility within an enterprise.

MARKET HIGHLIGHTS

ERP Software Market is expected t%li%reach USD 150.2 billion, growing at a CAGR of 10.2% during forecast period, owing t%li%the rising demand from organizations which are seeking t%li%improve their operational efficiency and benefit from data-driven insights. ERP software market offers improved functionality and adaptability as companies continue t%li%modernize cloud-based ERP systems. These systems are becoming necessary tools in multiple sectors t%li%simplify important business operations. This transformative adoption of ERP software aligns with the rapid evolution of technology and encourages businesses t%li%stay flexible in a dynamic marketplace.

ERP Software Market Segments:
  • By Deployment
  • Cloud
  • On-premises
  • Hybrid
  • By Business Function
  • Finance
  • Human Resource (HR)
  • Supply Chain
  • Customer Management
  • Inventory Management
  • Manufacturing Module
  • Others
  • By Enterprise Type
  • Small & Medium Enterprise
  • Large Enterprise
  • By End Users
  • Manufacturing
  • BFSI
  • Healthcare
  • Retail & Distribution
  • Others
MARKET DYNAMICS

Growth Drivers

Increased ERP Software Adoption by Businesses t%li%Support Market Growth

Flexibility and Affordability of Cloud-based ERP Software Will Accelerate Market Expansion

Restraint

Challenges and Integration Strategies in Adopting Cloud ERP for Business Operations

Key Players
  • SAP SE
  • Oracle Corporation
  • Microsoft Corporation
  • Infor
  • Epicor Software Corporation
  • Sage Group plc
  • IFS AB
  • Workday, Inc.
  • NetSuite (a subsidiary of Oracle)
  • Plex Systems, Inc.
  • Acumatica, Inc.
  • Unit4
  • SYSPRO
  • QAD Inc.
    • Ramc%li%Systems Limited
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons t%li%Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
      • Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
    • The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
    • Provides insight int%li%the market through Value Chain
    • Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
  • 3-month post-sales analyst support.
1.EXECUTIVE SUMMARY

1.1. Regional Market Share
1.2.Business Trends
1.3. ERP Software Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot

2. RESEARCH METHODOLOGY

2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
  2.5.1.Paid Sources
  2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation

3. MARKET CHARACTERISTICS

3.1.Market Definition
3.2.ERP Software Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data

4.ERP SOFTWARE MARKET – INDUSTRY INSIGHTS

4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability

5. MACROECONOMIC INDICATORS

6. RECENT DEVELOPMENTS

7. MARKET DYNAMICS

7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends

8.RISK ANALYSIS

9. MARKET ANALYSIS

9.1.Porters Five Forces
9.2. PEST Analysis
  9.2.1.Political
  9.2.2. Economic
  9.2.3. Social
  9.2.4. Technological

10.ERP SOFTWARE MARKET

10.1.Overview
10.2. Historical Analysis (2019-2021)
  10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast

11. ERP SOFTWARE MARKET SIZE & FORECAST 2022A-2032F

11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
  11.3.1.By Business Function
    11.3.1.1.Finance
      11.3.1.1.1.By Value (USD Million) 2022-2032F
      11.3.1.1.2. Market Share (%) 2022-2032F
      11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.2. Human Resources
      11.3.1.2.1. By Value (USD Million) 2022-2032F
      11.3.1.2.2.Market Share (%) 2022-2032F
      11.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.3.Supply Chain
      11.3.1.3.1. By Value (USD Million) 2022-2032F
      11.3.1.3.2.Market Share (%) 2022-2032F
      11.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.4.Customer Management
      11.3.1.4.1. By Value (USD Million) 2022-2032F
      11.3.1.4.2.Market Share (%) 2022-2032F
      11.3.1.4.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.5.Inventory Management
      11.3.1.5.1. By Value (USD Million) 2022-2032F
      11.3.1.5.2.Market Share (%) 2022-2032F
      11.3.1.5.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.6.Manufacturing Module
      11.3.1.6.1. By Value (USD Million) 2022-2032F
      11.3.1.6.2.Market Share (%) 2022-2032F
      11.3.1.6.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.7.Others
      11.3.1.7.1. By Value (USD Million) 2022-2032F
      11.3.1.7.2.Market Share (%) 2022-2032F
      11.3.1.7.3.Y-o-Y Growth (%) 2022-2032F
  11.3.2. By End Users
    11.3.2.1.Manufacturing
      11.3.2.1.1. By Value (USD Million) 2022-2032F
      11.3.2.1.2.Market Share (%) 2022-2032F
      11.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
    11.3.2.2. BFSI
      11.3.2.2.1.By Value (USD Million) 2022-2032F
      11.3.2.2.2. Market Share (%) 2022-2032F
      11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.3. Healthcare
      11.3.2.3.1.By Value (USD Million) 2022-2032F
      11.3.2.3.2. Market Share (%) 2022-2032F
      11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.4. Retail and Distribution
      11.3.2.4.1.By Value (USD Million) 2022-2032F
      11.3.2.4.2. Market Share (%) 2022-2032F
      11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.5. Others
      11.3.2.5.1.By Value (USD Million) 2022-2032F
      11.3.2.5.2. Market Share (%) 2022-2032F
      11.3.2.5.3. Y-o-Y Growth (%) 2022-2032F
  11.3.3.By Deployment
    11.3.3.1 Cloud
      11.3.3.1.1By Value (USD Million) 2022-2032F
      11.3.3.1.2 Market Share (%) 2022-2032F
      11.3.3.1.3 Y-o-Y Growth (%) 2022-2032F
    11.3.3.2On-premises
      11.3.3.2.1 By Value (USD Million) 2022-2032F
      11.3.3.2.2Market Share (%) 2022-2032F
      11.3.3.3.1 Y-o-Y Growth (%) 2022-2032F
    11.3.3.3Hybrid
      11.3.3.3.1 By Value (USD Million) 2022-2032F
      11.3.4.1.2 Market Share (%) 2022-2032F
      11.3.4.1.3 Y-o-Y Growth (%) 2022-2032F
  11.3.4 By Enterprise Type
      11.3.3.4.3Small and Medium Enterprises
      11.3.4.1.1By Value (USD Million) 2022-2032F
      11.3.4.1.2 Market Share (%) 2022-2032F
      11.3.4.1.3 Y-o-Y Growth (%) 2022-2032F
    11.3.4.2Large Enterprises
      11.3.4.2.1 By Value (USD Million) 2022-2032F
      11.3.4.2.2Market Share (%) 2022-2032F
      11.3.4.2.3Y-o-Y Growth (%) 2022-2032F

12.NORTH AMERICA ERP SOFTWARE MARKET SIZE & FORECAST 2022A-2032F

12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
  12.3.1.By Business Function
  12.3.2. By Deployment
  12.3.3. By End User
  12.3.4. By Enterprise Type
12.4. Country
  12.4.1. United States
  12.4.2. Canada

13.EUROPE ERP SOFTWARE MARKET SIZE & FORECAST 2022A-2032F

13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
  13.3.1.By Business Function
  13.3.2. By Deployment
  13.3.3. By End User
  13.3.4. By Enterprise Type
13.4.Country
  13.4.1.Germany
  13.4.2. United Kingdom
  13.4.3. France
  13.4.4. Italy
  13.4.5. Spain
  13.4.6. Russia
  13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14.ASIA-PACIFIC ERP SOFTWARE MARKET SIZE & FORECAST 2022A-2032F

14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
  14.3.1.By Business Function
  14.3.2. By Deployment
  14.3.3. By End User
  14.3.4. By Enterprise Type
14.4. Country
  14.4.1.India
  14.4.2. China
  14.4.3. South Korea
  14.4.4.Japan
  14.4.5.Rest of APAC

15.MIDDLE EAST AND AFRICA ERP SOFTWARE MARKET SIZE & FORECAST 2022A-2032F

15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
  15.3.1.By Business Function
  15.3.2. By Deployment
  15.3.3. By End User
  15.3.4. By Enterprise Type
15.4.Country
  15.4.1. Israel
  15.4.2. GCC
  15.4.3. North Africa
  15.4.4.South Africa
  15.4.5. Rest of Middle East and Africa

16. LATIN AMERICA ERP SOFTWARE MARKET SIZE & FORECAST 2022A-2032F

16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
  16.3.1.By Business Function
  16.3.2. By Deployment
  16.3.3. By End User
  16.3.4. By Enterprise Type
16.4.Country
  16.4.1. Mexico
  16.4.2. Brazil
  16.4.3. Rest of Latin America

17. COMPETITIVE LANDSCAPE

17.1.Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders

18. COMPANY PROFILES

18.1. SAP SE
  18.1.1.Company Overview
  18.1.2.Financial Overview
  18.1.3.Key Product; Analysis
  18.1.4.Company Assessment
    18.1.4.1.Product Portfolio
    18.1.4.2.Key Clients
    18.1.4.3. Market Share
    18.1.4.4. Recent News & Development (Last 3 Yrs.)
    18.1.4.5. Executive Team
18.2.Oracle Corporation
18.3.Microsoft Corporation
18.4.Infor
18.5.Epicor Software Corporation
18.6.Sage Group plc
18.7.IFS AB
18.8.Workday, Inc.
18.9.NetSuite (a subsidiary of Oracle)
18.10.Plex Systems, Inc.
18.11. Acumatica, Inc.
18.12.Unit4
18.13.SYSPRO
18.14.QAD Inc.
18.15.Ramco Systems Limited
18.16.Other Prominent Players

19. APPENDIX

20.CONSULTANT RECOMMENDATION



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