Enterprise Resource Planning Market

Enterprise Resource Planning Market by Deployments (Cloud, On-premise, and Hybrid), Organization Sizes (Small and Medium Enterprises and Large Enterprises), End-users (Manufacturing, Government, Military and Defense, Retail, BFSI, Telecom, Healthcare, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-2997
  • Author: Growth Market Reports
  • Rating: 4.6
  • Total Reviews: 2
  • No. Of Pages: 214
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The global enterprise resource planning market size was valued USD 43,090 million in 2020 and is anticipated to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising demand among enterprises to improve operational productivity and simplify business processes.

Enterprise Resource Planning Market

Enterprise resource planning is a procedure used by enterprises to accomplish and incorporate the important parts of their businesses. Numerous enterprise resource planning programming applications are critical to organizations since they assist them with carrying out asset arrangements by coordinating each cycles with a solitary framework. Enterprise resource planning software include purchasing inventory, marketing, human resources, integrate planning, finance, and sales, among others.

Enterprise resource planning is a system that brings coordination between various computer systems for large businesses. With help of ERP system, each department can access various platforms with one interface. ERP applications also allow different departments to communicate and share information more easily with the rest of the company. It collects information about the activity and state of different divisions, making information available to other parts, where it can be used productively.

ERP applications additionally permit various departments to convey and share data effectively with the remainder of the organization. During the COVID-19 pandemic, ERP systems were in huge demand as it helped the businesses to support various business tasks through remote access, robotized revealing, electronic information trade, and constant production line controls.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing awareness about its benefits such as timely delivery of accurate financial information and improved financial performance is anticipated to spur the growth of the market.
  • Integration of Internet of Things (IoT) with business processes is estimated to contribute to the market growth.
  • Limited customization options for SaaS-based ERP can hinder the growth of the enterprise resource planning market.
  • System complexities and implementation costs can create challenges for the market growth.
  • Evolving big data concept in enterprises and businesses can create lucrative opportunities during the forecast period.

Scope of the Report

The report on the global enterprise resource planning market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Enterprise Resource Planning Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Deployments (Cloud, On-premise, and Hybrid), Organization Sizes (Small & Medium Enterprises and Large Enterprises), and End-users (Manufacturing, Government, Military and Defense, Retail, BFSI, Telecom, Healthcare, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Infor Inc.; Oracle Corporation; Microsoft Corporation; SAP SE; and IBM Corporation

Enterprise Resource Planning Market Segment Insights

Cloud segment to grow at a rapid pace

Based on deployments, the market is segregated into cloud, on-premise, and hybrid. The cloud segment is estimated to grow at a rapid pace due to low cost of installation. Rising information utilization in the manufacturing industry has made the ERP framework a fundamental system as it helps in coordinating the information from different departments. The majority of the manufacturing companies are presently coordinating all their business activity through database management system, business management software, and ERP HR module.

Large enterprises segment to expand at a robust CAGR

On the basis of organization sizes, the enterprise resource planning market is bifurcated into small and medium enterprises and large enterprises. The large enterprises segment is projected to expand at a considerable CAGR during the forecast period due to the high economies of scale and affordability that permit organizations to deploy the benefits of the cloud ERP solution. Large enterprises heavily spends  on advanced digital solutions, including cloud ERP to further develop their business processes.

Retail segment is projected to account for a significant market share

In terms of end-users, the market is categorized as manufacturing, government, military and defense, retail, BFSI, telecom, healthcare, and others. The retail segment is projected to account for a significant market share during the forecast period. System permits retailers to carry out exercises as per the requirement. It focuses on different methodologies to be utilized to help retailers increase their revenue.

Enterprise Resource Planning Market

North America anticipated to constitute a key market share

Based on regions, the enterprise resource planning market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the forecast period due to rising demand for internal process competence, primarily through digital systems. Many major ERP merchants are working together with banks in the region for the advancement of quicker installment techniques. ERP dealers are empowering logistics and manufacturing merchants to accept increased reality and apply artificial intelligence (AI)-type advancements to sensor information gathered from machines and robots.

Segments

The enterprise resource planning market has been segmented on the basis of:

Deployments

  • Cloud
  • On-premise
  • Hybrid

Organization Sizes

  • Small and Medium Enterprises
  • Large Enterprises

End-Users

  • Manufacturing
  • Government
  • Military and Defense
  • Retail
  • BFSI
  • Telecom
  • Healthcare
  • Others

Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Key Players

  • Infor Inc.
  • Oracle Corporation
  • Microsoft Corporation
  • SAP SE
  • IBM Corporation.

Competitive Landscape

The key players competing in the enterprise resource planning market are Infor Inc.; Oracle Corporation; Microsoft Corporation; SAP SE; and IBM Corporation.

In July 2020, SAP and Siemens contracted a partnership agreement to accelerate the digitization of manufacturing processes, which allows companies to develop an end-to-end digital thread for manufacturing process.

Enterprise Resource Planning Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Enterprise Resource Planning Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Enterprise Resource Planning Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Enterprise Resource Planning Market - Supply Chain
  4.5. Global Enterprise Resource Planning Market Forecast
     4.5.1. Enterprise Resource Planning Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Enterprise Resource Planning Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Enterprise Resource Planning Market Absolute $ Opportunity
5. Global Enterprise Resource Planning Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Enterprise Resource Planning Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Enterprise Resource Planning Demand Share Forecast, 2019-2026
6. North America Enterprise Resource Planning Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Enterprise Resource Planning Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Enterprise Resource Planning Demand Share Forecast, 2019-2026
7. Latin America Enterprise Resource Planning Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Enterprise Resource Planning Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Enterprise Resource Planning Demand Share Forecast, 2019-2026
8. Europe Enterprise Resource Planning Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Enterprise Resource Planning Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Enterprise Resource Planning Demand Share Forecast, 2019-2026
9. Asia Pacific Enterprise Resource Planning Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Enterprise Resource Planning Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Enterprise Resource Planning Demand Share Forecast, 2019-2026
10. Middle East & Africa Enterprise Resource Planning Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Enterprise Resource Planning Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Enterprise Resource Planning Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Enterprise Resource Planning Market: Market Share Analysis
  11.2. Enterprise Resource Planning Distributors and Customers
  11.3. Enterprise Resource Planning Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Infor Inc.
     11.4.2. Oracle Corporation
     11.4.3. Microsoft Corporation
     11.4.4. SAP SE
     11.4.5. IBM Corporation.

The enterprise resource planning market has been segmented on the basis of:

Deployments

  • Cloud
  • On-premise
  • Hybrid

Organization Sizes

  • Small and Medium Enterprises
  • Large Enterprises

End-Users

  • Manufacturing
  • Government
  • Military and Defense
  • Retail
  • BFSI
  • Telecom
  • Healthcare
  • Others

Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Key Players

  • Infor Inc.
  • Oracle Corporation
  • Microsoft Corporation
  • SAP SE
  • IBM Corporation.

The key players competing in the enterprise resource planning market are Infor Inc.; Oracle Corporation; Microsoft Corporation; SAP SE; and IBM Corporation.

In July 2020, SAP and Siemens contracted a partnership agreement to accelerate the digitization of manufacturing processes, which allows companies to develop an end-to-end digital thread for manufacturing process.

Enterprise Resource Planning Market

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