Enterprise Resource Planning

Enterprise Resource Planning Market by Component (Services, Software), Business Function (Finance & Accounting, Human Capital Management, Inventory & Order Management), Organization Size, Deployment, Vertical - Global Forecast 2024-2030

SKU
MRR-431752EA4961
Region
Global
Publication Date
February 2024
Delivery
Immediate
2023
USD 60.25 billion
2030
USD 170.41 billion
2024
USD 69.63 billion
CAGR
16.01%
360iResearch Analyst
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[186 Pages Report] The Enterprise Resource Planning Market size was estimated at USD 60.25 billion in 2023 and expected to reach USD 69.63 billion in 2024, at a CAGR 16.01% to reach USD 170.41 billion by 2030.

Enterprise Resource Planning Market
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Enterprise resource planning (ERP), is an integrated suite of business applications designed to facilitate and automate processes across various departments within an organization. Through a unified system, this strategic tool enables businesses to manage and integrate crucial aspects of their operations, including planning, purchasing, inventory, sales, marketing, finance, and human resources. ERP aids in decision-making, enhances efficiency, reduces operational costs, and promotes a collaborative working environment by facilitating the flow of information between all business functions within the enterprise. ERP systems aim to increase organizational efficiency and provide management with real-time visibility into core business processes. Key driving factors include the need for improved efficiency and productivity in businesses, growing demand for real-time data analysis, and the push toward digital transformation. Increased adoption by small and medium-sized enterprises (SMEs) and the integration of advanced technologies such as AI and IoT into ERP systems further drive its adoption. However, challenges include the complexity and high costs associated with ERP implementation. Data security and privacy concerns pose significant challenges, especially in cloud-based ERP. Additionally, the reluctance of businesses to shift from legacy systems to modern ERP solutions due to disruption fears can impede progression. The substantial opportunities include the advent of cloud-based ERP solutions that provide scalability and cost-effectiveness. Expanding into emerging markets and growing recognition of ERP benefits presents additional potential. Moreover, continuous innovation and personalized solutions tailored to industry-specific needs open new avenues for expansion.
Enterprise Resource Planning Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Enterprise Resource Planning Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Enterprise Resource Planning Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Enterprise Resource Planning Market, highlighting leading vendors and their innovative profiles. These include Acumatica, Baan Corporation, Concur Technologies, Cornerstone OnDemand, Inc., Epicor Software Corporation, Financialforce, Infor, Inc., Kronos Inc., Microsoft Corporation, Oracle Corporation, Plex Systems, Inc., QAD Inc., Ramco Systems, Rootstock Software, Sage Intacct, Inc, Sage Software, Inc., SAP SE, and Workday Inc..

Market Segmentation & Coverage

This research report categorizes the Enterprise Resource Planning Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Component
    • Services
    • Software
      • Managed Services
      • Professional Services
        • Consulting
        • Implementation & Integration
        • Support & Maintenance
  • Business Function
    • Finance & Accounting
    • Human Capital Management
    • Inventory & Order Management
    • Sales & Marketing
  • Organization Size
    • Large Enterprises
    • Medium Enterprises
    • Small Enterprises
  • Deployment
    • On-Cloud
    • On-Premises
  • Vertical
    • Aerospace & Defense
    • Banking, Financial Services, and Insurance
    • Education
    • Government & Public Sector
    • Healthcare
    • IT & Telecom
    • Manufacturing
    • Retail

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Enterprise Resource Planning Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Enterprise Resource Planning Market?
  3. What are the technology trends and regulatory frameworks in the Enterprise Resource Planning Market?
  4. What is the market share of the leading vendors in the Enterprise Resource Planning Market?
  5. Which modes and strategic moves are suitable for entering the Enterprise Resource Planning Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Enterprise Resource Planning Market, by Component
  7. Enterprise Resource Planning Market, by Business Function
  8. Enterprise Resource Planning Market, by Organization Size
  9. Enterprise Resource Planning Market, by Deployment
  10. Enterprise Resource Planning Market, by Vertical
  11. Americas Enterprise Resource Planning Market
  12. Asia-Pacific Enterprise Resource Planning Market
  13. Europe, Middle East & Africa Enterprise Resource Planning Market
  14. Competitive Landscape
  15. Competitive Portfolio
  16. List of Figures [Total: 26]
  17. List of Tables [Total: 652]
  18. List of Companies Mentioned [Total: 18]
Frequently Asked Questions
  1. How big is the Enterprise Resource Planning Market?
    Ans. The Global Enterprise Resource Planning Market size was estimated at USD 60.25 billion in 2023 and expected to reach USD 69.63 billion in 2024.
  2. What is the Enterprise Resource Planning Market growth?
    Ans. The Global Enterprise Resource Planning Market to grow USD 170.41 billion by 2030, at a CAGR of 16.01%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
  4. In what format does this report get delivered to me?
    Ans. We will send you an email with login credentials to access the report. You will also be able to download the pdf and excel.
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    Ans. We are approaching our 7th anniversary in 2024!
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