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Global Enterprise Resource Planning (ERP) Software Market: By Deployment Type: SaaS and Cloud, On Premise; By Application: Textile Apparel, Agriculture, Engineering, Manufacturing, Others; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Enterprise Resource Planning (ERP) Software Market Outlook

The global enterprise resource planning (ERP) software market reached a value of almost USD 37.8 billion in 2020. The enterprise resource planning (ERP) software industry is further expected to grow at a CAGR of 8% between 2021 and 2026 to reach a value of almost USD 60 billion by 2026.

 

The global enterprise resource planning (ERP) software industry is expected to be driven by the markets in the Asia Pacific and Latin America. Regions such as North America, Europe, and Japan are the high maturity regions for the ERP software market, whereas regions such as India, China, and Latin America are medium maturity markets.

 

Global Enterprise Resource Planning (ERP) Software Market

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The supply of the ERP software industry is consolidated with the leading five suppliers holding 50% of the total global market share. The market is emerging and evolving with the global suppliers developing user-friendly interfaces and functionalities for the consumers' convenience, and in the process gradually discarding the existing extreme complexity found in the ERP software. The cloud deployment of ERP is increasingly being preferred over the on-premise solution, due to the savings on costs and easy access on applications via Cloud and mobile devices. North America is the leading market in the adoption of SaaS and Cloud deployment, accounting for nearly 58% of the market. The business intelligence, big data, and analytics capabilities are coming up as attractive sectors for the ERP market, where ERPs will be used for more than just data reporting, extending further robust and intelligent decision-making for customers. Thus, the technological innovations and adoptions in the industry are expected to drive the growth of the enterprise resource planning (ERP) software industry.

 

Properties and Applications

The enterprise resource planning (ERP) software is a software which enables business process management and helps an organisation achieve good management of the business through the use of integrated applications system, along with the automation of several back-office functions associated with technology, services, and human resources.

 

Global Enterprise Resource Planning (ERP) Software Market By Application

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Its deployment types are:

  • SaaS and Cloud
  • On Premise

Based on application, the ERP software market can be divided into:

  • Textile Apparel
  • Agriculture and FMCG
  • Engineering
  • Manufacturing
  • Pharmaceuticals
  • Automobile
  • Construction

Based on end-use, the industry is segmented into:

  • Manufacturing
  • BFSI
  • Telecom
  • Government
  • Healthcare
  • Retail
  • Aerospace and Defence
  • Others

The report also covers the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Enterprise Resource Planning (ERP) Software Market By Region

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Market Analysis

The enterprise resource planning (ERP) software industry has high penetration in regional markets like Europe and North America. The adoption of SMBs in regions such as the Asia Pacific and Latin America is increasing as a result of attempts made by the large global buyers to unite and invigorate the supply base, which is further enabling the market growth. The hybrid ERP system is increasing in demand, owing to its perfect amalgamation of in-house ERP, completed with the addition of cloud-based ERP applications. Many organisations want to improve ERP functionality without changing or adding the in-house legacy system; all these functions are present in the hybrid ERP. The system helps organizations have a smaller section of functionalities, offering on-premise solutions, including financial and manufacturing, and the remaining applications on the Cloud.

The adoption of SaaS is gaining popularity in the mid-market segment, due to its favourable features, such as cost-effective implementation, reduced operational cost, improved business agility, and ease of start-up and maintenance. The global ERP software industry is fuelled by the 30% data predicted to be generated via machines by the year 2021, with about 35 billion devices supporting this growth. The ERP system is expected to be integrated with the real-time unstructured data, produced from machines, along with the structured data produced by the business operations. The legacy ERP, along with its business intelligence skills, will be strengthened with the real-time data through IoT, so that the organization can take actionable decisions. Due to the rising trend of the on the go feature, the major ERP vendors are determined to bring ERP on the mobile, which will be integrated with the Cloud, further strengthening the market growth for the product.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global enterprise resource planning (ERP) software industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Sage
  • Microsoft Corp. (NASDAQ: MSFT)
  • Oracle Corporation
  • SAP
  • Pegasystems Inc.
  • Infor

The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Deployment Type, Application, End Use, Region
Breakup by Deployment Type SaaS and Cloud, On Premise
Breakup by Application Textile Apparel, Agriculture & FMCG, Engineering, Manufacturing, Pharmaceuticals, Automobile, Construction
Breakup by End Use Manufacturing, BFSI, Telecom, Government, Healthcare, Retail, Aerospace and Defence, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Sage, Microsoft Corp., Oracle Corporation, SAP, Pegasystems Inc., Infor
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Enterprise Resource Planning (ERP) Software Market Analysis
    6.1    Figure: Global Enterprise Resource Planning (ERP) Software Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Chart: Global Enterprise Resource Planning (ERP) Software Market Breakup by Deployment Type
        6.2.1    SaaS and Cloud
        6.2.2    On Premise
    6.3    Figure: Global Enterprise Resource Planning (ERP) Software Market Breakup by Deployment Type
        6.3.1    SaaS and Cloud
        6.3.2    On Premise
    6.4    Chart: Global Enterprise Resource Planning (ERP) Software Market Breakup by Application
        6.4.1    Textile Apparel
        6.4.2    Agriculture & FMCG
        6.4.3    Engineering
        6.4.4    Manufacturing
        6.4.5    Pharmaceuticals
        6.4.6    Automobile
        6.4.7    Construction
    6.5    Figure: Global Enterprise Resource Planning (ERP) Software Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Textile Apparel
        6.5.2    Agriculture & FMCG
        6.5.3    Engineering
        6.5.4    Manufacturing
        6.5.5    Pharmaceuticals
        6.5.6    Automobile
        6.5.7    Construction
    6.6    Chart: Global Enterprise Resource Planning (ERP) Software Market Breakup by End Use
        6.6.1    Manufacturing
        6.6.2    BFSI
        6.6.3    Telecom
        6.6.4    Government
        6.6.5    Healthcare
        6.6.6    Retail
        6.6.7    Aerospace and Defence
        6.6.8    Others
    6.7    Chart: Global Enterprise Resource Planning (ERP) Software Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    Manufacturing
        6.7.2    BFSI
        6.7.3    Telecom
        6.7.4    Government
        6.7.5    Healthcare
        6.7.6    Retail
        6.7.7    Aerospace and Defence
        6.7.8    Others
    6.8    Chart: Global Enterprise Resource Planning (ERP) Software Market Breakup by Region
        6.8.1    North America
            6.8.1.1    United State of America
            6.8.1.2    Canada
        6.8.2    Europe
            6.8.2.1    United Kingdom
            6.8.2.2    Germany
            6.8.2.3    France
            6.8.2.4    Italy
            6.8.2.5    Others
        6.8.3    Asia Pacific
            6.8.3.1    China
            6.8.3.2    Japan
            6.8.3.3    India
            6.8.3.4    ASEAN
            6.8.3.5    Others
        6.8.4    Latin America
            6.8.4.1    Brazil
            6.8.4.2    Argentina
            6.8.4.3    Mexico
            6.8.4.4    Others
        6.8.5    Middle East and Africa
            6.8.5.1    Saudi Arabia
            6.8.5.2    United Arab Emirates
            6.8.5.3    Nigeria
            6.8.5.4    South Africa
            6.8.5.5    Others
    6.9    Figure: Global Enterprise Resource Planning (ERP) Software Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.9.1    North America
            6.9.1.1    United State of America
            6.9.1.2    Canada
        6.9.2    Europe
            6.9.2.1    United Kingdom
            6.9.2.2    Germany
            6.9.2.3    France
            6.9.2.4    Italy
            6.9.2.5    Others
        6.9.3    Asia Pacific
            6.9.3.1    China
            6.9.3.2    Japan
            6.9.3.3    India
            6.9.3.4    ASEAN
            6.9.3.5    Others
        6.9.4    Latin America
            6.9.4.1    Brazil
            6.9.4.2    Argentina
            6.9.4.3    Mexico
            6.9.4.4    Others
        6.9.5    Middle East and Africa
            6.9.5.1    Saudi Arabia
            6.9.5.2    United Arab Emirates
            6.9.5.3    Nigeria
            6.9.5.4    South Africa
            6.9.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    EMR’s Key Indicators for Demand
10    EMR’s Key Indicators for Price
11    Deployment Model
12    Procurement Strategy

    12.1    Contract Model
    12.2    Pricing Model
    12.3    Delivery Model
    12.4    Cost Saving Opportunities
13    Competitive Landscape & Supplier Analysis
    13.1    Sage
        13.1.1    Company Overview
        13.1.2    Financial Analysis
    13.2    Microsoft Corp.
        13.2.1    Company Overview
        13.2.2    Financial Analysis
    13.3    Oracle Corporation
        13.3.1    Company Overview
        13.3.2    Financial Analysis
    13.4    SAP
        13.4.1    Company Overview
        13.4.2    Financial Analysis
    13.5    Pegasystems Inc.
        13.5.1     Company Overview
        13.5.2    Financial Analysis
    13.6    Infor 
        13.6.1    Company Overview
        13.6.2    Financial Analysis
14    Industry Events and Developments

Analyst Review

The global enterprise resource planning (ERP) software market attained a value of around USD 37.8 billion in 2020. It is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 8%. The market is projected to reach a value of nearly USD 60 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on deployment types, the market can be segmented into SaaS and Cloud and on premise, with the SaaS and Cloud segment leading the market. On the basis of application, the market can be divided into textile apparel, agriculture and FMCG, engineering, manufacturing, pharmaceuticals, automobile, and construction. The end uses of enterprise resource planning (ERP) software are manufacturing, BFSI, telecom, government, healthcare, retail, aerospace and defence, and others. North America, Latin America, Europe, the Middle East and Africa, Europe, and the Asia Pacific are the major regions in the market. The major players in the above industry include Sage, Microsoft Corp., Oracle Corporation, SAP, Pegasystems Inc., and Infor.

The major drivers of the industry such as rising disposable incomes, increasing population, rising urbanisation, growing degree of unstructured data, rising penetration in Europe and North America, growing SMBs in Latin America and the Asia Pacific, and increasing technological advancements are driving the growth of the market globally. EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with industry insights that are accurate, actionable, and help them remain ahead of their competition.

EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected industry conditions through the collection, collation, and analysis of data from trusted sources. The key questions answered in the market study are:

  • How has the global enterprise resource planning (ERP) software industry performed in the previous years (2016-2020)?
  • What is the forecast assessment of the market for 2021-2026?
  • What are the major market drivers and constraints?
  • What are the major price and demand indicators of the global market?
  • Who are the key manufacturers of the product in the global market?
  • What is the degree of competition in the global enterprise resource planning (ERP) software industry?
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