Summary
Global ERP Software Market, by Component (Software and Service), Deployment Model (On-premise, Cloud, and Hybrid), Business Function ( Finance, Human Resource (HR), Supply Chain, Customer Management, Inventory Management, Manufacturing Module, and Others), End-User (Large Enterprises, Small & Medium enterprises), and Industry Vertical (Manufacturing, BFSI, Healthcare, Retail & Distribution, Government & Utilities, IT & Telecom, Construction, Aerospace & Defence, and Others) and opportunities and forecast 2020-2027
ERP Software Market Overview Enterprise resource planning (ERP) is software that allows organizations to manage and automate their business processes. ERP software has been broadly used for back-office operations such as inventory control production, order management, and accounting, etc.
The need for improved operational efficiency with transparency within the departments of an organization is one of the main factors boosting the growth of the market. Furthermore, the increasing demand for cloud-based deployment models is enhancing the growth of the global ERP software market. The ERP system is accountable for enhancing the productivity of organizations by getting a potential return on investment by reducing their expenses. This software allows organizations to integrate large amounts of data and quickly resolve the deliveries of companies. All these crucial factors facilitating market development.
However, high installation cost and the availability of open-source applications are some factors hampering the growth of the market.
ERP Software Market Segment Overview Large enterprises are projected to have a major share in the global ERP software market. Owing to their increasing investments. While huge adoption of ERP systems by mid and small-sized enterprises is accelerating the growth of the Small & Medium enterprises in the market. Expanding requirements for real-time data analytics is a key factor driving the ERP software market. An ERP software system can be installed as cloud-based or on-premise software. The major tasks of the ERP system are managing resources professionally and integration of organizational activities.
ERP Software Regional Overview Based on region, North America is projected to dominate the market in terms of revenue share followed by Europe. Owing to penetration of new industries and enhancement in the economy in this region fueling the growth of the market. The European market for ERP software has been driven by the increasing adoption of ERP by midsize businesses. Furthermore, Asia Pacific is estimated to be one of the quickest developing zonal markets in the forthcoming year. Due to rapid growth in industrialization in this region.
ERP Software Market Competitor overview Key players in the market are focusing on the development of advanced services and solutions to improve their offerings. ERP software vendors are updating the pricing models to strengthen their position in the market. The ERP software market witness’s implementation of several strategic approaches, such as expansion, collaboration, mergers & acquisitions, and product launches.
For instance, on Jan. 19, 2021, Simpli.fi, a leading programmatic platform for CTV, addressable, and mobile advertising, announced the acquisition of a leading agency ERP developer, The Advantage Software Company, LLC., to deliver improved performance and productivity for advertising agencies and media buying organizations.
ERP Software Market, Key Players · Oracle
· TOTVS S.A
· Microsoft Corporation
· SAP SE
· Infor
· IBM Corporation
· Netsuite Inc.
· SYSPRO
· Unit4
· Sage Group Plc
· QAD
· Focus Softnet
· Ultimate Software
· Epicor Software Corporation
· Yonyou
· Infor
· Plex Systems Inc.
· NetSuite Inc
· Intuit Inc
· Workday Inc
· Kingdee International Software Group (HK) Ltd
· The Advantage Software Company, LLC.
ERP Software Market Segmentation ERP Software Market, By Component
· Software
· Services
ERP Software Market, By Deployment Model
· On-premise
· Cloud
· Hybrid
ERP Software Market, By Business Function
· Finance
· Human Resource (HR)
· Supply Chain
· Customer Management
· Inventory Management
· Manufacturing Module
· Business Intelligence
· Others
ERP Software Market, By Industry Vertical
· Manufacturing
· BFSI
· Healthcare
· Retail & Distribution
· Government & Utilities
· IT & Telecom
· Construction
· Aerospace & Defense
· Others
ERP Software Market, By End User
· Large enterprises
· Small & Medium enterprises
ERP Software market, By Region
North America
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
Table of Contents
1. Introduction 1.1. Research Scope 1.2. Market Segmentation 1.3. Research Methodology 1.4. Definitions and Assumptions 2. Executive Summary 3. Market Dynamics 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. Key Insights 4.1. Key Emerging Trends – For Major Countries 4.2. Latest Technological Advancement 4.3. Regulatory Landscape 4.4. Industry SWOT Analysis 4.5. Porters Five Forces Analysis 5. Global ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027 5.1. Key Findings / Summary 5.2. Market Analysis, Insights and Forecast – By Component5.2.1. Software 5.2.2. Services 5.3. Market Analysis, Insights and Forecast – By Deployment Model5.3.1. On-premise 5.3.2. Cloud 5.3.3. Hybrid 5.4. Market Analysis, Insights and Forecast – By Business Function5.4.1. Finance 5.4.2. Human Resource (HR) 5.4.3. Supply Chain 5.4.4. Customer Management 5.4.5. Inventory Management 5.4.6. Manufacturing Module 5.4.7. Business Intelligence 5.4.8. Others 5.5. Market Analysis, Insights and Forecast – By End User5.5.1. Large enterprises 5.5.2. Small & Medium enterprises 5.6. Market Analysis, Insights and Forecast – By Region5.6.1. North America 5.6.2. Latin America 5.6.3. Europe 5.6.4. Asia Pacific 5.6.5. Middle East and Africa 6. North America ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027 6.1. Key Findings / Summary 6.2. Market Analysis, Insights and Forecast – By Component6.2.1. Software 6.2.2. Services 6.3. Market Analysis, Insights and Forecast – By Deployment Model6.3.1. On-premise 6.3.2. Cloud 6.3.3. Hybrid 6.4. Market Analysis, Insights and Forecast – By Business Function6.4.1. Finance 6.4.2. Human Resource (HR) 6.4.3. Supply Chain 6.4.4. Customer Management 6.4.5. Inventory Management 6.4.6. Manufacturing Module 6.4.7. Business Intelligence 6.4.8. Others 6.5. Market Analysis, Insights and Forecast – By End User6.5.1. Large enterprises 6.5.2. Small & Medium enterprises 6.6. Market Analysis, Insights and Forecast – By Country 7. Latin America ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027 7.1. Key Findings / Summary 7.2. Market Analysis, Insights and Forecast – By Component7.2.1. Software 7.2.2. Services 7.3. Market Analysis, Insights and Forecast – By Deployment Model7.3.1. On-premise 7.3.2. Cloud 7.3.3. Hybrid 7.4. Market Analysis, Insights and Forecast – By Business Function7.4.1. Finance 7.4.2. Human Resource (HR) 7.4.3. Supply Chain 7.4.4. Customer Management 7.4.5. Inventory Management 7.4.6. Manufacturing Module 7.4.7. Business Intelligence 7.4.8. Others 7.5. Market Analysis, Insights and Forecast – By End User7.5.1. Large enterprises 7.5.2. Small & Medium enterprises 7.6. Insights and Forecast – By Country7.6.1. Brazil 7.6.2. Mexico 7.6.3. Rest of Latin America 8. Europe ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027 8.1. Key Findings / Summary 8.2. Market Analysis, Insights and Forecast – By Component8.2.1. Software 8.2.2. Services 8.3. Market Analysis, Insights and Forecast – By Deployment Model8.3.1. On-premise 8.3.2. Cloud 8.3.3. Hybrid 8.4. Market Analysis, Insights and Forecast – By Business Function8.4.1. Finance 8.4.2. Human Resource (HR) 8.4.3. Supply Chain 8.4.4. Customer Management 8.4.5. Inventory Management 8.4.6. Manufacturing Module 8.4.7. Business Intelligence 8.4.8. Others 8.5. Market Analysis, Insights and Forecast – By End User8.5.1. Large enterprises 8.5.2. Small & Medium enterprises 8.6. Market Analysis, Insights and Forecast – By Country8.6.1. UK 8.6.2. Germany 8.6.3. France 8.6.4. Italy 8.6.5. Spain 8.6.6. Russia 8.6.7. Rest of Europe 9. Asia Pacific ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027 9.1. Key Findings / Summary 9.2. Market Analysis, Insights and Forecast – By Component9.2.1. Software 9.2.2. Services 9.3. Market Analysis, Insights and Forecast – By Deployment Model9.3.1. On-premise 9.3.2. Cloud 9.3.3. Hybrid 9.4. Market Analysis, Insights and Forecast – By Business Function9.4.1. Finance 9.4.2. Human Resource (HR) 9.4.3. Supply Chain 9.4.4. Customer Management 9.4.5. Inventory Management 9.4.6. Manufacturing Module 9.4.7. Business Intelligence 9.4.8. Others 9.5. Market Analysis, Insights and Forecast – By End User9.5.1. Large enterprises 9.5.2. Small & Medium enterprises 9.6. Market Analysis, Insights and Forecast – By Country9.6.1. China 9.6.2. India 9.6.3. Japan 9.6.4. Australia 9.6.5. South East Asia 9.6.6. Rest of Asia Pacific 10. Middle East & Africa ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027 10.1. Key Findings / Summary 10.2. Market Analysis, Insights and Forecast – By Component10.2.1. Software 10.2.2. Services 10.3. Market Analysis, Insights and Forecast – By Deployment Model10.3.1. On-premise 10.3.2. Cloud 10.3.3. Hybrid 10.4. Market Analysis, Insights and Forecast – By Business Function10.4.1. Finance 10.4.2. Human Resource (HR) 10.4.3. Supply Chain 10.4.4. Customer Management 10.4.5. Inventory Management 10.4.6. Manufacturing Module 10.4.7. Business Intelligence 10.4.8. Others 10.5. Market Analysis, Insights and Forecast – By End User10.5.1. Large enterprises 10.5.2. Small & Medium enterprises 10.6. Market Analysis, Insights and Forecast – By Country10.6.1. GCC 10.6.2. South Africa 10.6.3. Rest of Middle East & Africa 11. Competitive Analysis 11.1. Company Market Share Analysis, 2018 11.2. Key Industry Developments 11.3. Company Profile 11.4. Oracle11.4.1. Business Overview 11.4.2. Segment 1 & Service Offering 11.4.3. Overall Revenue 11.4.4. Geographic Presence 11.4.5. Recent Development *Similar details will be provided for the following companies
11.5. TOTVS S.A 11.6. Microsoft Corporation 11.7. SAP SE 11.8. Infor 11.9. IBM Corporation 11.10. Netsuite Inc. 11.11. SYSPRO 11.12. Unit4 11.13. Sage Group Plc 11.14. QAD 11.15. Focus Softnet 11.16. Ultimate Software 11.17. Epicor Software Corporation 11.18. Yonyou 11.19. Infor 11.20. Plex Systems Inc. 11.21. NetSuite Inc 11.22. Intuit Inc 11.23. Workday Inc 11.24. Kingdee International Software Group (HK) Ltd
List of Figures
List of Figures
Figure 1: Global ERP Software Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global ERP Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global ERP Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global ERP Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global ERP Software Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America ERP Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America ERP Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America ERP Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America ERP Software Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America ERP Software Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America ERP Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America ERP Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America ERP Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America ERP Software Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America ERP Software Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America ERP Software Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe ERP Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe ERP Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe ERP Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe ERP Software Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe ERP Software Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe ERP Software Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe ERP Software Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe ERP Software Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe ERP Software Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe ERP Software Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific ERP Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific ERP Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific ERP Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific ERP Software Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific ERP Software Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific ERP Software Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific ERP Software Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific ERP Software Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific ERP Software Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa ERP Software Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa ERP Software Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa ERP Software Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa ERP Software Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa ERP Software Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa ERP Software Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa ERP Software Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa ERP Software Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa ERP Software Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa ERP Software Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global ERP Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global ERP Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global ERP Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global ERP Software Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America ERP Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America ERP Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America ERP Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America ERP Software Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe ERP Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe ERP Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe ERP Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe ERP Software Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America ERP Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America ERP Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America ERP Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America ERP Software Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific ERP Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific ERP Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific ERP Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific ERP Software Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa ERP Software Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa ERP Software Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa ERP Software Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa ERP Software Market Revenue (USD Billion) Forecast, by Country, 2016-2027