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Enterprise Resource Planning Market Size

  • Report ID: 2965
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Enterprise Resource Planning Market Size

Enterprise Resource Planning (ERP) Market size was valued at USD 59.25 billion in 2023 and is likely to cross USD 195.09 billion by the end of 2036, expanding at more than 9.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of ERP is estimated at USD 63.8 billion.

With the increase in innovations in technologies like AR, IoT, AI, predictive maintenance, digital twin, and telematics and global digitalization across various levels are embracing new opportunities for the organizations to optimize their relationships with customers are expected to fuel the growth of this market. Ministry of Corporate Affairs Of India, (MCA), stated that around 10,954 companies were registered in June 2020. Out of which 3,399 companies belonged to business service segment, followed by 2,360 in manufacturing, 1,499 in trading, 1,411 in community, personal & social services and 644 in construction.

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Author Credits:  Abhishek Verma


  • Report ID: 2965
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Global digitalization is increasing across various verticals which is creating opportunities for the organizations to optimize relationship with customer and Increase in emerging technologies like AR, IoT, AI, Digital twin and others.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

Substantial gap between customer expectations and solution delivered and with the increase in number of solution providers and major vendors, it is becoming difficult for the organizations to select right mix of solution.

The market in Asia Pacific region will provide ample growth opportunities owing to the increasing digital globalization.

The major players dominating the Enterprise Resource Management Market are IBM, SAP, Oracle, Infor, IFS, ABB, Intelligent Process Solutions, Maintenance Connection, Aveva, Aptean, Emanit, CGI, Rfgen Software, Assetworks, Ultimo Software Solutions, UpKeep , among others.
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