ERP Software Market Size- By Function, By Size, By Deployment, By Vertical- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global ERP Software Market Overview
According to SPER Market Research, the Global ERP Software Market is estimated to reach USD 158.45 billion by 2032 with a CAGR of 11.21%. The rise in demand for data-driven choices, the rise in adoption of mobile and cloud applications, and the increasing demand for operational efficiency and transparency in business operations are the main drivers of the expansion of the ERP software industry. Open-source programs are becoming more widely available, but their higher startup costs and ongoing maintenance are expected to impede industry expansion.
Impact of COVID-19 on the Global ERP Software Market
Due to the pandemic epidemic, many nations have implemented lockdowns and closed all but critical companies (allowed with minimum workforce). The demand for cloud ERPs has decreased as a result of several companies putting more emphasis on profitability and cutting costs in ERPs. The demand for cloud ERPs has also decreased as a result of numerous companies putting more emphasis on improving their core competencies and closing a few offices to reduce costs.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Function, By Size, By Deployment, By Vertical
Regions covered Asia Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered Acumatica, Deltek, Epicor Software Corporation, Genius Solutions, Inc., Global Shop Solutions, Hewlett-Packard Development Company, IBM Corporation,.
Global ERP Software Market Segmentation:
By Function: Based on the Function, Global ERP Software Market is segmented as; Customer Management, Finance, Human Resource, Inventory Management, Manufacturing Module, Supply Chain Management, Other Functions.
By Vertical: Based on the Vertical, Global ERP Software Market is segmented as; Aero-Space & Defense, Banking, Financial Services, and Insurance (BFSI), Construction, Government & Utilities, Healthcare, IT & Telecom, Manufacturing, Retail & Distribution, Others.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global ERP Software Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1 Global ERP Software Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global ERP Software Market
- 7. Global ERP Software Market, By Function, 2019-2032 (USD Million)
- 7.1 Customer Management
- 7.2 Finance
- 7.3 Human Resource
- 7.4 Inventory Management
- 7.5 Manufacturing Module
- 7.6 Supply Chain Management
- 7.7 Other Functions
- 8. Global ERP Software Market, By Size, 2019-2032 (USD Million)
- 8.1 Large Enterprises
- 8.2 Medium Enterprises
- 8.3 Small Enterprises
- 9. Global ERP Software Market, By Deployment, 2019-2032 (USD Million)
- 9.1 Cloud
- 9.2 Hybrid
- 9.3 On-Premises
- 10. Global ERP Software Market, By Vertical, 2019-2032 (USD Million)
- 10.1 Aero-Space & Defense
- 10.2 Banking, Financial Services, and Insurance (BFSI)
- 10.3 Construction
- 10.4 Government & Utilities
- 10.5 Healthcare
- 10.6 IT & Telecom
- 10.7 Manufacturing
- 10.8 Retail & Distribution
- 10.9 Others
- 11. Global ERP Software Market, By Region, 2019-2032 (USD Million)
- 11.1 Global ERP Software Size and Market Share by Region (2019-2025)
- 11.2 Global ERP Software Size and Market Share by Region (2026-2032)
- 11.3 Asia-Pacific
- 11.3.1 Australia
- 11.3.2 China
- 11.3.3 India
- 11.3.4 Japan
- 11.3.5 South Korea
- 11.3.6 Rest of Asia-Pacific
- 11.4 Europe
- 11.4.1 France
- 11.4.2 Germany
- 11.4.3 Italy
- 11.4.4 Spain
- 11.4.5 United Kingdom
- 11.4.6 Rest of Europe
- 11.5 Middle East & Africa
- 11.5.1 Kingdom of Saudi Arabia
- 11.5.2 United Arab Emirates
- 11.5.3 Rest of Middle East & Africa
- 11.6 North America
- 11.6.1 Canada
- 11.6.2 Mexico
- 11.6.3 United States
- 11.7 Latin America
- 11.7.1 Argentina
- 11.7.2 Brazil
- 11.7.3 Rest of Latin America
- 12. Company Profiles
- 12.1 Acumatica
- 12.1.1 Company details
- 12.1.2 Financial outlook
- 12.1.3 Product summary
- 12.1.4 Recent developments
- 12.2 Deltek
- 12.2.1 Company details
- 12.2.2 Financial outlook
- 12.2.3 Product summary
- 12.2.4 Recent developments
- 12.3 Epicor Software Corporation
- 12.3.1 Company details
- 12.3.2 Financial outlook
- 12.3.3 Product summary
- 12.3.4 Recent developments
- 12.4 Genius Solutions, Inc.
- 12.4.1 Company details
- 12.4.2 Financial outlook
- 12.4.3 Product summary
- 12.4.4 Recent developments
- 12.5 Global Shop Solutions
- 12.5.1 Company details
- 12.5.2 Financial outlook
- 12.5.3 Product summary
- 12.5.4 Recent developments
- 12.6 Hewlett-Packard Development Company
- 12.6.1 Company details
- 12.6.2 Financial outlook
- 12.6.3 Product summary
- 12.6.4 Recent developments
- 12.7 IBM Corporation
- 12.7.1 Company details
- 12.7.2 Financial outlook
- 12.7.3 Product summary
- 12.7.4 Recent developments
- 12.8 IFS, AB
- 12.8.1 Company details
- 12.8.2 Financial outlook
- 12.8.3 Product summary
- 12.8.4 Recent developments
- 12.9 Infor Inc.
- 12.9.1 Company details
- 12.9.2 Financial outlook
- 12.9.3 Product summary
- 12.9.4 Recent developments
- 12.10 IQMS
- 12.10.1 Company details
- 12.10.2 Financial outlook
- 12.10.3 Product summary
- 12.10.4 Recent developments
- 12.11 Microsoft Corporation
- 12.11.1 Company details
- 12.11.2 Financial outlook
- 12.11.3 Product summary
- 12.11.4 Recent developments
- 12.12 MIE Track Pro
- 12.12.1 Company details
- 12.12.2 Financial outlook
- 12.12.3 Product summary
- 12.12.4 Recent developments
- 12.13 Net Suite Inc.
- 12.13.1 Company details
- 12.13.2 Financial outlook
- 12.13.3 Product summary
- 12.13.4 Recent developments
- 12.14 OpenPro
- 12.14.1 Company details
- 12.14.2 Financial outlook
- 12.14.3 Product summary
- 12.14.4 Recent developments
- 12.15 Oracle Corporation
- 12.15.1 Company details
- 12.15.2 Financial outlook
- 12.15.3 Product summary
- 12.15.4 Recent developments
- 12.16 Plex System
- 12.16.1 Company details
- 12.16.2 Financial outlook
- 12.16.3 Product summary
- 12.16.4 Recent developments
- 12.17 QAD Inc.
- 12.17.1 Company details
- 12.17.2 Financial outlook
- 12.17.3 Product summary
- 12.17.4 Recent developments
- 12.18 Ramco System
- 12.18.1 Company details
- 12.18.2 Financial outlook
- 12.18.3 Product summary
- 12.18.4 Recent developments
- 12.19 Sage Group, plc
- 12.19.1 Company details
- 12.19.2 Financial outlook
- 12.19.3 Product summary
- 12.19.4 Recent developments
- 12.20 SAP SE
- 12.20.1 Company details
- 12.20.2 Financial outlook
- 12.20.3 Product summary
- 12.20.4 Recent developments
- 12.21 SYSPRO
- 12.21.1 Company details
- 12.21.2 Financial outlook
- 12.21.3 Product summary
- 12.21.4 Recent developments
- 12.22 TOTVS S.A.
- 12.22.1 Company details
- 12.22.2 Financial outlook
- 12.22.3 Product summary
- 12.22.4 Recent developments
- 12.23 Workday, Inc.
- 12.23.1 Company details
- 12.23.2 Financial outlook
- 12.23.3 Product summary
- 12.23.4 Recent developments
- 13. List of Abbreviations
- 14. Reference Links
- 15. Conclusion
- 16. Research Scope
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