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Market Insights Technology Software Enterprise Software
- Worldwide
- The revenue in the Enterprise Resource Planning Software market is estimated to reach US$52.99bn in 2024.
- It is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 4.26%, leading to a market volume of US$65.29bn by 2029.
- By 2024, the average Spend per Employee in the Enterprise Resource Planning Software market is forecasted to reach US$14.88.
- 0 was the global market share in 2024.
- In a global comparison, United States is projected to generate the highest revenue, amounting to US$26,700.00m in 2024.
- In the worldwide market for Enterprise Resource Planning software, the United States leads the way with a wide range of industry-specific solutions tailored to meet the diverse needs of American businesses.
Key regions: United Kingdom, China, Australia, Canada, United States
Definition:
The Enterprise Resource Planning (ERP) Software market covers software applications that support organizations in managing, integrating, and optimizing important business activities related to resources such as people, finance, capital, materials, and orders. These software applications help organizations to streamline their internal business processes, increase efficiency, and make more informed decisions.
Products in the Enterprise Resource Planning Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.
Additional Information:
The Enterprise Resource Planning Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).
Key players in this market include SAP, Intuit Inc., Oracle, Infor, and Sage.
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in-scope
- Financial applications, such as QuickBooks, Oracle NetSuite, and Xero
- Asset management applications, such as Asset Panda, ManageEngine AssetExplorer, and GoCodes
- Procurement software, such as SAP Ariba, Kissflow, and Procurify
- Resource planning, such as Smartsheet, Float, and Hub Planner
out-of-scope
- SCM Software, such as Anvyl, Tada, and Magaya Supply Chain
- BI software, such as Microsoft Power BI, SAS Business Intelligence, and MicroStrategy
- CRM software, such as Salesforce Sales Cloud, Monday sales CRM, and HubSpot CRM
Software
- Productivity Software
- Administrative Software
- Collaboration Software
- Office Software
- Creative Software
- Construction and Design Software
- Enterprise Software
- Enterprise Resource Planning Software
- Customer Relationship Management Software
- Business Intelligence Software
- Supply Chain Management Software
- Other Enterprise Software
- Content Management Software
- Enterprise Performance Management Software
- eCommerce Software
- AI Development Tool Software
- Application Development Software
- System Infrastructure Software
Related markets:
Devices
Software
IT Services
Public Cloud
Cybersecurity
Internet of Things
Communication Services
Data Center
Robotics
Semiconductors
Artificial Intelligence
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Market
Region
Region comparison
Currency
Analyst Opinion
The Enterprise Resource Planning Software market is a rapidly growing industry that has seen significant growth in recent years. With the increasing demand for digital transformation, businesses are looking for ways to streamline their operations and improve efficiency. As a result, the ERP software market has become a crucial tool for businesses of all sizes. Customer preferences: Trends in the market: Local special circ*mstances: Underlying macroeconomic factors:
Methodology
Data coverage:
The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).
Modeling approach / Market size:
The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.
Forecasts:
We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.
Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.
Overview
- Revenue
- Key Players
- Analyst Opinion
- Global Comparison
- Methodology
- Key Market Indicators
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