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This ERP software market growth analysis report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative enterprise resource planning software market analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key enterprise resource planning (ERP) market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
In the enterprise resource planning software market, effective planning, budgeting, forecasting, and reporting are essential for success. Supplier-relationship management ensures quality ingredients, while customer-relationship management fosters loyalty. Cloud-based ERP platforms and innovative technologies streamline operations, supporting financial systems and a customer-centric strategy. Integrated applications and workflows enable real-time decision-making, promoting teamwork and adaptability. Mobile-friendly ERP solutions facilitate contactless transactions, vital in today's business online concept. As the market expands into new product lines and markets, organizational structure changes are inevitable. Both manufacturing SMEs and Large Enterprises benefit from streamlining and coordination, supported by effective communication and dedicated hardware. Customization capabilities cater to regional operations, although they may come with a high cost. The market is witnessing robust growth, with regional markets like China enterprise resource planning (ERP) playing a pivotal role. In China, the demand for ERP software is soaring as businesses seek to enhance operational efficiency, streamline processes, and gain a competitive edge in the dynamic market landscape.
The market is embracing innovative and advancing technologies, including enterprise resource planning (ERP) systems, to enhance customer satisfaction and service. With the increasing use of mobile devices, SAP ERP mobile apps are enabling access to ERP functionalities on the go. As the market expands into new markets, ERP for manufacturing companies is becoming crucial, regardless of staff size or departments. Public infrastructure supports the control of SAP solutions, with technical experts providing consulting services for implementation. For large-scale organizations, digital transformation investment includes two-tier ERP for subsidiaries. ERP streamlines manufacturing processes, procurement, and supply chain management, with options for on-premises or cloud deployment models tailored to enterprise type, including midsize enterprises. Hybrid solutions cater to multiple sites and are accessible on mobile and tablet devices, particularly in the IT & telecom sectors.
Market Scope |
|
Report Coverage |
Details |
Page number |
180 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.67% |
Market Growth 2024-2028 |
USD 34.73 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
9.11 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 42% |
Key countries |
US, Canada, Mexico, China, and Germany |
Competitive landscape |
Leading Enterprise resource planning companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Acumatica Inc., Citrix Systems Inc., Computer Generated Solutions Inc., Dassault Systemes SE, Ellucian Co. LP, Epicor Software Corp., IFS World Operations AB, Koch Industries Inc., Microsoft Corp., Odoo SA, Oracle Corp., Roper Technologies Inc., Sage Group Plc, Salesforce Inc., SAP SE, ServiceNow Inc., SYSPRO Pty. Ltd., TOTVS SA, Unit4 Group Holding B.V., and Workday Inc. |
Market dynamics |
Parent market trends and analysis, enterprise resource planning software market analysis, market forecasting, market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period, Enterprise resource planning report. |
Customization purview |
If our enterprise resource planning software market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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The ERP software market size is estimated to grow by USD 34.73 billion at a CAGR of 10.67% between 2023 and 2028. The growth of the market is fuelled by factors like increased operational efficiency, rising demand from SMEs, and the popularity of cloud-based applications such as cloud ERP. However, the market faces challenges due to the escalating number of cyberattacks, which hinder its growth potential. As businesses seek streamlined workflow management systems and integrated applications, innovative and advancing technologies, including mobile-friendly solutions, become essential for maintaining competitiveness. Despite these challenges, the market continues to expand, driven by the need for efficient financial systems and organizational structure changes in the business landscape.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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