ERP Software Market Report 2025 (Global Edition)

Global ERP Software Market Report 2025 Market Size Split by Component (Software, Services), by End User (Manufacturing, Retail, BFSI, Education, Aerospace & Defense, IT & Telecom, Healthcare, Construc...

ERP Software Market Report Description

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Competitive Analysis of the ERP software market:

To stay competitive in the market, market players are pursuing a variety of growth strategies, including partnerships, strategic agreements and collaborations, mergers and acquisitions, and new product development. For example, in May 2022, the IBM Corporation extended its partnership with SAP SE. In part of this extended partnership, IBM is migrating to SAP S/4HANA®, SAP's next-generation ERP software, to perform work across more than 120 countries, 1,000 legal entities, and numerous IBM businesses supporting software, hardware, consulting, and finance( https://newsroom.ibm.com/2022-05-11-IBM-Transforms-Business-Operations-with-the-RISE-with-SAP-Solution-in-Expanded-Partnership-with-SAP). Some of the key market players operating in the ERP software market includes Epicor Software Corporation, Hewlett-Packard Development Company, L.P., Infor Inc., International Business Machines Corporation, Microsoft Corporation, NetSuite Inc., Oracle Corporation, Sage Group, plc, SAP SE, Unit, Acumatica, Inc, Workday, Inc, TOTVS S.A., Plex System, OpenPro, MIE Track Pro, Ramco System, Cision, CompuGroup, Cox Automotive, NextGen Healthcare, IQVIA, Microsoft, Avalara, ACI Worldwide, NCR Corporation, and others.

ERP software Market News:

• July 2022, Infor announced its partnership with Syntellis Performance Solutions

Syntellis Performance Solutions is the leading provider of enterprise performance management (EPM) software, data, and intelligence solutions. This partnership provides Infor’s existing and new healthcare customers access to Syntellis’ Axiom Healthcare Suite of intelligent planning and performance solutions, giving users robust EPM tools and the market’s largest, most timely data-driven insights designed to improve cost of care and operational outcomes for the organizations.

• October 2022, Oracle launched new services that will integrate and automate end to end business to business(B2B) transactions

This new Oracle B2B Commerce eliminates the disparate systems, processes, and data integration( https://www.cognitivemarketresearch.com/data-integration-software-market-report) challenges that make B2B transactions so complex by directly connecting more than 40,000 buyers, sellers, and service providers via Oracle Cloud Enterprise Resource Planning (ERP)

• October 2021, Microsoft Corporation acquired Clear Software to enhance connectivity to systems of record

This Clear Software provides iPaaS( https://www.cognitivemarketresearch.com/ipaas-software-market-report) and business process solutions with strong connectivity to SAP and Oracle. Clear Software’s API access and system knowledge strengthen Microsoft Power Platform’s integration with outside systems and accelerate how customers leverage data and processes that reside beyond Microsoft’s first-party services.

• March 2019, Oracle has extended its artificial intelligence (AI) capabilities within Oracle ERP Cloud and Oracle EPM Cloud

Oracle has extended the artificial intelligence (AI) capabilities within Oracle Enterprise Resource Planning (ERP) Cloud and Oracle Enterprise Performance Management (EPM) Cloud. The latest machine learning-based innovations comprise an expense reporting assistant, a project management digital assistant, advanced financial controls, and project-driven supply chain management.

Top Companies Market Share in ERP Software Industry: (In no particular order of Rank)

• PLEX SYSTEMS (United States)
• Acumatica Inc. (United States)
• Epicor Software Corporation (United States)
• Unit4 (Netherlands)
• Oracle Corporation (United States)
• Rootstock Software (United States)
• QAD Inc. (United States)
• Sage Group plc (United Kingdom)
• SAP SE (Germany)
• SYSPRO (South Africa)
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

North America dominated the ERP software market in 2022

North America dominates the ERP software market for several reasons, including its advanced technological infrastructure, strong economic presence, and high adoption rate of digital solutions among businesses in the region. One of the key factors contributing to North America's dominance is its well-established technological infrastructure. The region has a robust network infrastructure, high-speed internet connectivity, and advanced data centers, which are essential for the smooth implementation and operation of ERP systems. This technological advantage provides a strong foundation for businesses to leverage ERP software and drive digital transformation. Additionally, North America is home to many large enterprises across various industries, including manufacturing, retail, healthcare, and finance. These organizations have been early adopters of ERP software, recognizing its potential to streamline operations, enhance productivity, and gain a competitive edge. The presence of these industry leaders has created a ripple effect, as smaller businesses often follow suit, further fueling the demand for ERP solutions in the region.

The current report Scope analyzes ERP Software Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

ERP Software Market Analysis

Component Segment Analysis of ERP Software Market

The ERP Software market is typically segmented by Component, which play a significant role in determining the structure and growth potential of the industry. Understanding the market by Component allows businesses to focus on specific product categories that are likely to perform the best in the coming years. By understanding the performance and demand trends of each type, companies can target the most lucrative segments, innovate within specific categories, and develop products or services that align with the needs of their target customers. Analyzing the growth patterns by type helps to pinpoint which segments are most likely to grow at an accelerated pace and which ones might experience slower or stagnant growth.

Component of ERP Software analyzed in this report are as follows:

• Software
• Services

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of ERP Software Industry. Request a Free Sample PDF!

By End User, the manufacturing segment held the largest market share of the ERP software market in 2022

Manufacturing organizations face unique challenges such as complex production processes, supply chain management, quality control, and inventory management. ERP software offers tailored solutions specifically designed to address these challenges and improve overall operational efficiency in the manufacturing industry. One of the primary factors driving the growth in the manufacturing segment is the need for integrated and streamlined processes. ERP systems provide end-to-end visibility and control over various manufacturing functions, including production planning, scheduling, materials management, shop floor control, and quality assurance. This integration enables manufacturers to optimize their operations, minimize production bottlenecks, reduce waste, and enhance overall productivity owing to this, the manufacturing segment held the largest market share.

• Manufacturing 
• Retail, BFSI
• Education 
• Aerospace & Defense
• IT & Telecom 
• Healthcare 
• Construction 
• Government
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

ERP Software Enterprise Size Segment Analysis

By Enterprise Size, The large enterprise segment accounted for the largest market share in 2022

The large enterprises segment accounted for the largest market share due to the rising requirement for large businesses to operate and coordinate complex procedures including production, inventory management, planning, procurement shipping, and others. Moreover, the higher spending capacity for the deployment of software solutions and contemporary technology for the use of cloud-based ERP software is the other factor boosting the segment growth. 

• Large Enterprises
• Medium Enterprises
• Small Enterprises

ERP Software Deployment Mode Segment Analysis

By Deployment Mode,  The cloud segment is anticipated to witness significant growth during the forecast period

Cloud-based ERP software offers numerous advantages over traditional on-premises systems, making them increasingly popular among organizations of all sizes, particularly small and medium-sized enterprises (SMEs). One of the key drivers of the growth in the cloud segment is the scalability and flexibility provided by cloud-based ERP solutions. Cloud ERP allows organizations to scale their software usage and storage based on their evolving needs, without the need for significant upfront investments in infrastructure. This flexibility enables businesses to adapt to changing market conditions, accommodate growth, and respond to new opportunities more efficiently.

• On-Premises
• Cloud
• Hybrid

ERP Software Business Function Segment Analysis

By Business Function, The financial management segment held the largest market share in 2022

The financial management segment held the largest market share due to the rising demand for business process transparency and efficiency. The companies that are working in the financial division are using ERP software to manage their financial activities including cash flow management, investments, accounting, and others which is boosting the segment growth. Additionally, the rising adoption of innovative technologies by banks, insurance sectors, and credit unions like blockchain, cognitive computing, and machine learning to increase their business functioning productivity is further propelling the market growth. 

• Financial Management
• Human Resource Management
• Supply Chain Management
• Customer Management
• Inventory Management
• Manufacturing Module
• Others

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Profile

Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Author's Conclusion