PUBLISHER: TechNavio | PRODUCT CODE: 1395160
PUBLISHER: TechNavio | PRODUCT CODE: 1395160
The enterprise resource planning (ERP) software market is forecasted to grow by USD 34.73 bn during 2023-2028, accelerating at a CAGR of 10.67% during the forecast period. The report on the enterprise resource planning (ERP) software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 9.11% |
CAGR | 10.67% |
Incremental Value | $34.73bn |
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased operational efficiency associated with ERP software, rising demand for ERP software from SMEs, and growing demand for cloud-based applications.
Technavio's enterprise resource planning (ERP) software market is segmented as below:
By Type
By End-user
By Geographical Landscape
This study identifies the embedded data analytics features as one of the prime reasons driving the enterprise resource planning (ERP) software market growth during the next few years. Also, the rising adoption of ERP among financial institutions and integration of ERP with BPM will lead to sizable demand in the market.
The report on the enterprise resource planning (ERP) software market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading enterprise resource planning (ERP) software market vendors that include 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.. Also, the enterprise resource planning (ERP) software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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