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ERP Market Trends and Forecast

The future of the global ERP market looks promising with opportunities in the aerospace & defense, banking, financial service, and insurance (BFSI), construction, government & utility, healthcare, IT & telecom, manufacturing, and retail & distribution industries. The global ERP market is expected to reach an estimated $88.1 billion by 2028 with a CAGR of 9.2% from 2023 to 2028. The major drivers for this market are growing preference for data driven decisions in organizations, continuous expansion of SMEs in the developing countries, and increasing penetration of revolutionary technologies, such as cloud computing, AI (artificial intelligence), and machine learning.
 
 ERP Market
 
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below. 
 
 ERP Market by Segments

ERP Market by Segment

The study includes trends and forecast for the global ERP market by deployment model, enterprise size, enterprise function, end use industry, and region, as follows:

ERP Market by Deployment Model [Value ($B) Shipment Analysis from 2017 to 2028]:

  • On-Premises
  • Hybrid
  • Cloud

ERP Market by Enterprise Size [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Small
  • Medium
  • Large

ERP Market by Enterprise Function [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Customer Management
  • Finance
  • Human Resource (H.R.)
  • Inventory Management
  • Manufacturing Module
  • Supply Chain Management
  • Otros

ERP Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Aeroespacial y defensa
  • Banking, Financial Services, and Insurance (BFSI)
  • Construcción
  • Government & Utilities
  • Cuidado de la salud
  • IT & Telecom
  • Manufacturing
  • Retail & Distribution
  • Otros

ERP Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • América del norte
  • Europa
  • Asia Pacífico
  • The Rest of the World

List of ERP Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, ERP companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ERP companies profiled in this report include- 

ERP Market Insights

  • Lucintel forecasts that on-premises will remain the largest deployment model segment over the forecast period as it is widely used in organizations worldwide to have a higher level of data security.
  • BFSI is expected to remain the largest end use industry segment due to the widespread use of ERP in numerous aspects of financial accounting, including management accounting, asset management, cash flow management, and investment management
  • North America will remain the largest region due to the growing application of ERP software among small and medium-sized businesses, continuous requirement for vendor monetary support for modern technology-based ERP software advancement, and presence of key players in the region.

Features of the ERP Market

  • Market Size Estimates: ERP market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: ERP market size by various segments, such as by deployment model, enterprise size, enterprise function, end use industry, and region
  • Regional Analysis: ERP market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different deployment models, enterprise sizes, enterprise functions, end use industries, and regions for the ERP market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ERP market.
  • Análisis de la intensidad competitiva de la industria basada en el modelo de cinco fuerzas de Porter.

Preguntas frecuentes

Q1. What is the ERP market size?
Answer: The global ERP market is expected to reach an estimated $88.1 billion by 2028.
Q2. What is the growth forecast for ERP market?
Answer: The global ERP market is expected to grow with a CAGR of 9.2% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the ERP market?
Answer: The major drivers for this market are growing preference for data-driven decisions in organizations, continuous expansion of SMEs in the developing countries, and increasing penetration of revolutionary technologies, such as cloud computing, AI (artificial intelligence), and machine learning.
Q4. What are the major segments for ERP market?
Answer: The future of the ERP market looks promising with opportunities in the aerospace & defense, banking, financial service, and insurance (BFSI), construction, government & utility, healthcare, IT & telecom, manufacturing, and retail & distribution industries.
Q5. Who are the key ERP companies?
Answer: Some of the key ERP companies are as follows:
  • Acumatica
  • Deltek
  • Epicor Software
  • Genius Solutions
  • Global Shop Solutions
  • Hewlett-Packard Development Company
Q6. Which ERP segment will be the largest in future?
Answer: Lucintel forecasts that on-premises will remain the largest deployment model segment over the forecast period as it is widely utilized in organizations worldwide to have a higher level of data security.
Q7. In ERP market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the growing application of ERP software among small and medium-sized businesses, continuous requirement for vendor monetary support for modern technology-based ERP software advancement, and presence of key players in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

Este informe responde después de 11 preguntas clave

Q.1. What are some of the most promising, high-growth opportunities for the global ERP market by deployment model (on-premises, hybrid, and cloud), enterprise size (small, medium, and large), enterprise function (customer management, finance, human resource (H.R.), inventory management, manufacturing module, supply chain management, and others), end use industry (aerospace & defense, BFSI, construction, government & utilities, healthcare, IT & telecom, manufacturing, retail & distribution, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?

For any questions related to ERP market or related to ERP market, ERP market share, ERP market growth, ERP industry trends, ERP market size, global ERP market, market ERP, ERP cloud market share, ERP industry analysis, ERP market analysis, ERP industry overview, ERP market research, growth of ERP market, ERP market share by industry, ERP companies, ERP market share, ERP analysis, ERP market growth, write Lucintel analyst at email: helpDesk@lucintel.com we will be glad to get back to you soon.
Tabla de contenido
 
1. Executive Summary

2. Global ERP Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global ERP Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global ERP Market by Deployment Model
3.3.1: On-Premises
3.3.2: Hybrid 
3.3.3: Cloud
3.4: Global ERP Market by Enterprise Size
3.4.1: Small
3.4.2: Medium 
3.4.3: Large
3.5: Global ERP Market by Enterprise Function
3.5.1: Customer Management
3.5.2: Finance
3.5.3: Human Resource (H.R.)
3.5.4: Inventory Management
3.5.5: Manufacturing Module
3.5.6: Supply Chain Management 
3.5.7: Others
3.6: Global ERP Market by End Use Industry
3.6.1: Aerospace & Defense
3.6.2: BFSI
3.6.3: Construction
3.6.4: Government & Utilities
3.6.5: Healthcare
3.6.6: IT & Telecom
3.6.7: Manufacturing
3.6.8: Retail & Distribution 
3.6.9: Others

4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global ERP Market by Region
4.2: North American ERP Market
4.2.1: North American ERP Market by Deployment Model: On-Premises, Hybrid, and Cloud
4.2.2: North American ERP Market by End Use Industry: Aerospace & Defense, BFSI, Construction, Government & Utilities, Healthcare, IT & Telecom, Manufacturing, Retail & Distribution, and Others
4.3: European ERP Market
4.3.1: European ERP Market by Deployment Model: On-Premises, Hybrid, and Cloud
4.3.2: European ERP Market by End Use Industry: Aerospace & Defense, BFSI, Construction, Government & Utilities, Healthcare, IT & Telecom, Manufacturing, Retail & Distribution, and Others
4.4: APAC ERP Market 
4.4.1: APAC ERP Market by Deployment Model: On-Premises, Hybrid, and Cloud
4.4.2: APAC ERP Market by End Use Industry: Aerospace & Defense, BFSI, Construction, Government & Utilities, Healthcare, IT & Telecom, Manufacturing, Retail & Distribution, and Others
4.5: ROW ERP Market 
4.5.1: ROW ERP Market by Deployment Model: On-Premises, Hybrid, and Cloud
4.5.2: ROW ERP Market by End Use Industry: Aerospace & Defense, BFSI, Construction, Government & Utilities, Healthcare, IT & Telecom, Manufacturing, Retail & Distribution, and Others

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global ERP Market by Deployment Model
6.1.2: Growth Opportunities for the Global ERP Market by Enterprise Size
6.1.3: Growth Opportunities for the Global ERP Market by Enterprise Function
6.1.4: Growth Opportunities for the Global ERP Market by End Use Industry
6.1.5: Growth Opportunities for the Global ERP Market by Region
6.2: Emerging Trends in the Global ERP Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global ERP Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global ERP Market 
6.3.4: Certification and Licensing

7. Company Profiles of Leading Players
7.1: Acumatica
7.2: Deltek
7.3: Epicor Software
7.4: Genius Solutions
7:5: Global Shop Solutions 
7.6: Hewlett-Packard Development Company
 
.

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Full Report: ERP Market: Trends, Opportunities and Competitive Analysis [2023-2028] Informe completo $ 2,990
150-page report
Lucintel ha estado en el negocio de la consultoría de investigación y gestión de mercado desde 2000 y ha publicado más de 1000 informes de inteligencia de mercado en varios mercados / aplicaciones y atendió a más de 1,000 clientes en todo el mundo. Este estudio es una culminación de cuatro meses de esfuerzo a tiempo completo realizado por el equipo analista de Lucintel. Los analistas utilizaron las siguientes fuentes para la creación y finalización de este valioso informe:
  • Entrevistas en profundidad de los principales actores en este mercado
  • Investigación secundaria detallada de los estados financieros de los competidores y datos publicados 
  • Extensas búsquedas de obras publicadas, mercado e información de bases de datos relacionadas con noticias de la industria, comunicados de prensa de la empresa e intenciones de clientes
  • Una compilación de las experiencias, juicios e ideas de los profesionales de Lucintel, que han analizado y rastreado este mercado a lo largo de los años.
Se realizan una extensa investigación y entrevistas en la cadena de suministro de este mercado para estimar la cuota de mercado, el tamaño del mercado, las tendencias, los impulsores, los desafíos y las previsiones. A continuación se muestra un breve resumen de las entrevistas principales que se llevaron a cabo por la función de trabajo para este informe.
 
Por lo tanto, Lucintel compila grandes cantidades de datos de numerosas fuentes, valida la integridad de esos datos y realiza un análisis exhaustivo. Lucintel luego organiza los datos, sus hallazgos y las ideas sobre un informe conciso diseñado para respaldar el proceso estratégico de toma de decisiones. La siguiente figura es una representación gráfica del proceso de investigación de Lucintel. 
 

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