How big is the Enterprise Resource Planning Market?

The Enterprise Resource Planning Market size is expected to reach USD 65.25 billion in 2024 and grow at a CAGR of 9.76% to reach USD 103.95 billion by 2029. Read More

What is the current Enterprise Resource Planning Market size?

In 2024, the Enterprise Resource Planning Market size is expected to reach USD 65.25 billion. Read More

Who are the key players in Enterprise Resource Planning Market?

Microsoft Corporation, SAP SE, Intuit, Constellation Software and FIS are the major companies operating in the Enterprise Resource Planning Market. Read More

Which is the fastest growing region in Enterprise Resource Planning Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Enterprise Resource Planning Market?

In 2024, the North America accounts for the largest market share in Enterprise Resource Planning Market. Read More

What years does this Enterprise Resource Planning Market cover, and what was the market size in 2023?

In 2023, the Enterprise Resource Planning Market size was estimated at USD 58.88 billion. The report covers the Enterprise Resource Planning Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Enterprise Resource Planning Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the latest trends in the ERP Market?

Emerging trends in the Enterprise Resource Planning (ERP) Market are: a) Adoption of cloud-based ERP solutions b) Increased focus on mobile accessibility c) Incorporation of artificial intelligence (AI) d) Integration of Internet of Things (IoT) technologies Read More

What are the latest trends in the ERP Market?

Emerging trends in the Enterprise Resource Planning (ERP) Market are: a) Adoption of cloud-based ERP solutions b) Increased focus on mobile accessibility c) Incorporation of artificial intelligence (AI) d) Integration of Internet of Things (IoT) technologies Read More

Enterprise Resource Planning (ERP) Market Analysis | Industry Trends, Size & Forecast Report

ERP Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Enterprise Resource Planning (ERP) Market is Segmented by Offering (Solutions and Services), Function (HR, Supply Chain, Finance, Marketing, and Other Functions), Deployment (On-Premise and Hybrid), Organization Size (Small and Medium Enterprises and Large Enterprises), Industry Verticals (BFSI, IT and Telecom, Government, Retail and E-Commerce, Manufacturing, Oil, Gas, and Energy, and Other Industry Verticals), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Report Offers the Market Size and Forecasts for all the Above Segments in Value (USD).

Enterprise Resource Planning Industry Overview

The enterprise resource planning (ERP) market is semi-consolidated, with many regional and global players. Market vendors focus on expanding their customer base across foreign countries and leveraging strategic collaborative initiatives to increase the market's share and profitability. Some players include SAP SE, Intuit, Microsoft Corporation, and Constellation Software.

May 2024: Amazon Web Services (AWS) and SAP expanded their existing partnership to introduce generative AI capabilities that can integrate into functions across entire business portfolios. The expansion will allow companies using SAP software like Zappos to access generative AI toolsets within the cloud-based enterprise resource planning (ERP) platform.
April 2024: Nuvei introduced a service allowing merchants to directly access its invoice financing solutions via enterprise resource planning (ERP) systems. This integration ensures that the system automatically mirrors loan and repayment entries in the general ledger, aligning them with the respective financed invoice.