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Enterprise Resource Planning Market Trends

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

Enterprise Resource Planning Market Trends

Growth Drivers

  • Global Digitalization is Increasing Across Various Verticals
  • Increase in Emerging Technologies, such as, AR, IoT, AI, Digital twin and Others

Challenges

  • Substantial Gap Between Customer Expectations and Solution Delivered

Enterprise Resource Planning (ERP) Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

9.6%

Base Year Market Size (2023)

USD 59.25 billion

Forecast Year Market Size (2036)

USD 195.09 billion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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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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