Subject: MRR
Enterprise Resource Planning Software Market Size to Increase by USD 29,213.61 Million: 42% Growth to Originate from North America - Technavio
NEW YORK, Nov. 27, 2022 /PRNewswire/ -- The enterprise resource planning software market by type, end-user, and geography - forecast and analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 9.93% and register an incremental growth of USD 29,213.61 million during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a Free PDF Sample Report
Based on region, the global enterprise resource planning (ERP) software market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. North America is estimated to contribute 42% to the growth of the global market over the forecast period. The US and Canada are the major revenue contributors to the ERP software market growth in this region. The demand for ERP software in this region is driven by the need for business process efficiency and transparency through digital transformation.
The enterprise resource planning (ERP) software market report includes information on the key products and recent developments of leading vendors, including:
- Acumatica Inc.: The company offers enterprise resource planning software such as Cloud ERP.
- Computer Generated Solutions Inc.: The company offers enterprise resource planning software such as BlueCherry Enterprise Resource Planning.
- Dassault Systemes SE: The company offers enterprise resource planning software such as the 3DEXPERIENCE Cloud platform.
- Ellucian Co. LP: The company offers enterprise resource planning software such as Ellucian Banner.
- Epicor Software Corp.: The company offers enterprise resource planning software such as Epicor Industry ERP Cloud.
- Koch Industries Inc.
- Microsoft Corp.
- Odoo SA
- Oracle Corp.
- Roper Technologies Inc.
- To gain access to more vendor profiles available with Technavio, buy the report!
The market is driven by factors such as the high operational efficiency associated with ERP software, increasing demand for ERP software from SMEs, and the rising demand for cloud-based applications. However, the increasing number of cyberattacks on ERP software is hindering the market growth.
The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others. Request a Sample
- Based on type, the market is segmented into cloud-based and on-premise. The cloud-based segment accounted for the largest share of the market in 2022.
- Based on geography, the market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. North America held the largest share of the market in 2022.
The enterprise data management market size for the BFSI sector in the US is projected to grow by USD 4,277.78 million between 2022 and 2027, and the market's growth momentum will accelerate at a CAGR of 12%. The growing demand for data integration and visual analytics is notably driving the market growth, although factors such as the high price of enterprise data management software may impede the market growth.
The enterprise performance management market size is projected to grow by USD 2.23 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.31%. The increased demand for cloud-based enterprise performance management applications is notably driving the market growth, although factors such as data security issues may impede the market growth.
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What are the key data covered in this enterprise resource planning (ERP) software market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the enterprise resource planning (ERP) software market between 2023 and 2027
- Precise estimation of the size of the enterprise resource planning (ERP) software market size and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the enterprise resource planning (ERP) software market across APAC, North America, Europe, Middle East and Africa, and South America
- Thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of enterprise resource planning (ERP) software market vendors
Enterprise Resource Planning Software Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2022 |
Historical year | 2017-2021 |
Forecast period | 2023-2027 |
Growth momentum & CAGR | Accelerate at a CAGR of 9.93% |
Market growth 2023-2027 | USD 29,213.61 million |
Market structure | Fragmented |
YoY growth (%) | 8.54 |
Regional analysis | North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution | North America at 42% |
Key consumer countries | US, Canada, Mexico, China, Japan, and Germany |
Competitive landscape | Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Companies profiled | Acumatica Inc., Computer Generated Solutions Inc., Dassault Systemes SE, Ellucian Co. LP, Epicor Software Corp., Koch Industries Inc., Microsoft Corp., Odoo SA, Oracle Corp., Roper Technologies Inc., Sage Group Plc, Salesforce.com Inc., SAP SE, SYSPRO Pty. Ltd., TOTVS SA, UKG Inc., Unit4 NV, Workday Inc., IFS World Operations AB, and ServiceNow Inc. |
Market Dynamics | Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period |
Customization purview | If our 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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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary ? Chart on Market Overview
- Exhibit 02: Executive Summary ? Data Table on Market Overview
- Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
- Exhibit 04: Executive Summary ? Chart on Market by Geography
- Exhibit 05: Executive Summary ? Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary ? Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary ? Chart on Incremental Growth
- Exhibit 08: Executive Summary ? Data Table on Incremental Growth
- Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global enterprise Resource planning (ERP) software market 2017 - 2021
- Exhibit 18: Historic Market Size ? Data Table on Global enterprise Resource planning (ERP) software market 2017 - 2021 ($ million)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size ? Type Segment 2017 - 2021 ($ million)
- 4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size ? End-user Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size ? Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size ? Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers ? Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers ? Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants ? Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes ? Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry ? Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Cloud-based - Market size and forecast 2022-2027
- Exhibit 34: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)
- 6.4 On-premise - Market size and forecast 2022-2027
- Exhibit 38: Chart on On-premise - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on On-premise - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on On-premise - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on On-premise - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 45: Chart on Comparison by End-user
- Exhibit 46: Data Table on Comparison by End-user
- 7.3 Manufacturing - Market size and forecast 2022-2027
- Exhibit 47: Chart on Manufacturing - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
- 7.4 BFSI - Market size and forecast 2022-2027
- Exhibit 51: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on BFSI - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
- 7.5 Healthcare - Market size and forecast 2022-2027
- Exhibit 55: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
- 7.6 IT and Telecom - Market size and forecast 2022-2027
- Exhibit 59: Chart on IT and Telecom - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on IT and Telecom - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on IT and Telecom - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on IT and Telecom - Year-over-year growth 2022-2027 (%)
- 7.7 Others - Market size and forecast 2022-2027
- Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.8 Market opportunity by End-user
- Exhibit 67: Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 69: Chart on Market share by geography 2022-2027 (%)
- Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 71: Chart on Geographic comparison
- Exhibit 72: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 Germany - Market size and forecast 2022-2027
- Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.10 China - Market size and forecast 2022-2027
- Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.11 Canada - Market size and forecast 2022-2027
- Exhibit 105: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.12 Mexico - Market size and forecast 2022-2027
- Exhibit 109: Chart on Mexico - Market size and forecast 2022-2027 ($ million)
- Exhibit 110: Data Table on Mexico - Market size and forecast 2022-2027 ($ million)
- Exhibit 111: Chart on Mexico - Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on Mexico - Year-over-year growth 2022-2027 (%)
- 9.13 Japan - Market size and forecast 2022-2027
- Exhibit 113: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 114: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 115: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 116: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.14 Market opportunity by geography
- Exhibit 117: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 118: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 119: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 120: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 121: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 122: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 123: Matrix on vendor position and classification
- 12.3 Acumatica Inc.
- Exhibit 124: Acumatica Inc. - Overview
- Exhibit 125: Acumatica Inc. - Product / Service
- Exhibit 126: Acumatica Inc. - Key news
- Exhibit 127: Acumatica Inc. - Key offerings
- 12.4 Computer Generated Solutions Inc.
- Exhibit 128: Computer Generated Solutions Inc. - Overview
- Exhibit 129: Computer Generated Solutions Inc. - Product / Service
- Exhibit 130: Computer Generated Solutions Inc. - Key offerings
- 12.5 Dassault Systemes SE
- Exhibit 131: Dassault Systemes SE - Overview
- Exhibit 132: Dassault Systemes SE - Product / Service
- Exhibit 133: Dassault Systemes SE - Key news
- Exhibit 134: Dassault Systemes SE - Key offerings
- 12.6 Ellucian Co. LP
- Exhibit 135: Ellucian Co. LP - Overview
- Exhibit 136: Ellucian Co. LP - Product / Service
- Exhibit 137: Ellucian Co. LP - Key offerings
- 12.7 Epicor Software Corp.
- Exhibit 138: Epicor Software Corp. - Overview
- Exhibit 139: Epicor Software Corp. - Product / Service
- Exhibit 140: Epicor Software Corp. - Key offerings
- 12.8 IFS World Operations AB
- Exhibit 141: IFS World Operations AB - Overview
- Exhibit 142: IFS World Operations AB - Business segments
- Exhibit 143: IFS World Operations AB - Key offerings
- Exhibit 144: IFS World Operations AB - Segment focus
- 12.9 Koch Industries Inc.
- Exhibit 145: Koch Industries Inc. - Overview
- Exhibit 146: Koch Industries Inc. - Product / Service
- Exhibit 147: Koch Industries Inc. - Key news
- Exhibit 148: Koch Industries Inc. - Key offerings
- 12.10 Microsoft Corp.
- Exhibit 149: Microsoft Corp. - Overview
- Exhibit 150: Microsoft Corp. - Business segments
- Exhibit 151: Microsoft Corp. - Key news
- Exhibit 152: Microsoft Corp. - Key offerings
- Exhibit 153: Microsoft Corp. - Segment focus
- 12.11 Odoo SA
- Exhibit 154: Odoo SA - Overview
- Exhibit 155: Odoo SA - Product / Service
- Exhibit 156: Odoo SA - Key offerings
- 12.12 Oracle Corp.
- Exhibit 157: Oracle Corp. - Overview
- Exhibit 158: Oracle Corp. - Business segments
- Exhibit 159: Oracle Corp. - Key news
- Exhibit 160: Oracle Corp. - Key offerings
- Exhibit 161: Oracle Corp. - Segment focus
- 12.13 Roper Technologies Inc.
- Exhibit 162: Roper Technologies Inc. - Overview
- Exhibit 163: Roper Technologies Inc. - Business segments
- Exhibit 164: Roper Technologies Inc. - Key offerings
- Exhibit 165: Roper Technologies Inc. - Segment focus
- 12.14 Sage Group Plc
- Exhibit 166: Sage Group Plc - Overview
- Exhibit 167: Sage Group Plc - Business segments
- Exhibit 168: Sage Group Plc - Key news
- Exhibit 169: Sage Group Plc - Key offerings
- Exhibit 170: Sage Group Plc - Segment focus
- 12.15 Salesforce.com Inc.
- Exhibit 171: Salesforce.com Inc. - Overview
- Exhibit 172: Salesforce.com Inc. - Product / Service
- Exhibit 173: Salesforce.com Inc. - Key news
- Exhibit 174: Salesforce.com Inc. - Key offerings
- 12.16 SAP SE
- Exhibit 175: SAP SE - Overview
- Exhibit 176: SAP SE - Business segments
- Exhibit 177: SAP SE - Key news
- Exhibit 178: SAP SE - Key offerings
- Exhibit 179: SAP SE - Segment focus
- 12.17 UKG Inc.
- Exhibit 180: UKG Inc. - Overview
- Exhibit 181: UKG Inc. - Product / Service
- Exhibit 182: UKG Inc. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 183: Inclusions checklist
- Exhibit 184: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 185: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 186: Research methodology
- Exhibit 187: Validation techniques employed for market sizing
- Exhibit 188: Information sources
- 13.5 List of abbreviations
- Exhibit 189: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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