ERP Software Market Share

North American Market Forecast

North America industry is poised to dominate majority revenue share of 35% by 2037. Moreover, major ERP vendors have headquarters in the US, hence leveraging the demand across the North America region. The United States is the country that spends the most amount on cloud services. According to Harvard Business Review, cloud services are expected to account for 14% of all US IT spending by 2023.

APAC Market Statistics

The Asia Pacific ERP software market is expected to showcase substantial growth over the forecast period. There have been increasing government-favorable policies for digital technology software implementation. For instance, according to the Singapore Economic Development Board, Singapore’s USD 89 million TechSkills Accelerator program trains industry-ready ICT professionals.