Enterprise resource planning (ERP) is software that allows organizations to manage and automate their business processes. ERP software has been broadly used for back-office operations such as inventory control production, order management, and accounting, etc.
The need for improved operational efficiency with transparency within the departments of an organization is one of the main factors boosting the growth of the market. Furthermore, the increasing demand for cloud-based deployment models is enhancing the growth of the global ERP software market. The ERP system is accountable for enhancing the productivity of organizations by getting a potential return on investment by reducing their expenses. This software allows organizations to integrate large amounts of data and quickly resolve the deliveries of companies. All these crucial factors facilitating market development.
However, high installation cost and the availability of open-source applications are some factors hampering the growth of the market.
ERP Software Market Segment Overview
Large enterprises are projected to have a major share in the global ERP software market. Owing to their increasing investments. While huge adoption of ERP systems by mid and small-sized enterprises is accelerating the growth of the Small & Medium enterprises in the market. Expanding requirements for real-time data analytics is a key factor driving the ERP software market. An ERP software system can be installed as cloud-based or on-premise software. The major tasks of the ERP system are managing resources professionally and integration of organizational activities.
ERP Software Regional Overview
Based on region, North America is projected to dominate the market in terms of revenue share followed by Europe. Owing to penetration of new industries and enhancement in the economy in this region fueling the growth of the market. The European market for ERP software has been driven by the increasing adoption of ERP by midsize businesses. Furthermore, Asia Pacific is estimated to be one of the quickest developing zonal markets in the forthcoming year. Due to rapid growth in industrialization in this region.
ERP Software Market Competitor overview
Key players in the market are focusing on the development of advanced services and solutions to improve their offerings. ERP software vendors are updating the pricing models to strengthen their position in the market. The ERP software market witness’s implementation of several strategic approaches, such as expansion, collaboration, mergers & acquisitions, and product launches.
For instance, on Jan. 19, 2021, Simpli.fi, a leading programmatic platform for CTV, addressable, and mobile advertising, announced the acquisition of a leading agency ERP developer, The Advantage Software Company, LLC., to deliver improved performance and productivity for advertising agencies and media buying organizations.
ERP Software Market, Key Players
· Oracle
· TOTVS S.A
· Microsoft Corporation
· SAP SE
· Infor
· IBM Corporation
· Netsuite Inc.
· SYSPRO
· Unit4
· Sage Group Plc
· QAD
· Focus Softnet
· Ultimate Software
· Epicor Software Corporation
· Yonyou
· Infor
· Plex Systems Inc.
· NetSuite Inc
· Intuit Inc
· Workday Inc
· Kingdee International Software Group (HK) Ltd
· The Advantage Software Company, LLC.
ERP Software Market Segmentation
ERP Software Market, By Component
· Software
· Services
ERP Software Market, By Deployment Model
· On-premise
· Cloud
· Hybrid
ERP Software Market, By Business Function
· Finance
· Human Resource (HR)
· Supply Chain
· Customer Management
· Inventory Management
· Manufacturing Module
· Business Intelligence
· Others
ERP Software Market, By Industry Vertical
· Manufacturing
· BFSI
· Healthcare
· Retail & Distribution
· Government & Utilities
· IT & Telecom
· Construction
· Aerospace & Defense
· Others
ERP Software Market, By End User
· Large enterprises
· Small & Medium enterprises
ERP Software market, By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Component
- 5.2.1. Software
- 5.2.2. Services
- 5.3. Market Analysis, Insights and Forecast – By Deployment Model
- 5.3.1. On-premise
- 5.3.2. Cloud
- 5.3.3. Hybrid
- 5.4. Market Analysis, Insights and Forecast – By Business Function
- 5.4.1. Finance
- 5.4.2. Human Resource (HR)
- 5.4.3. Supply Chain
- 5.4.4. Customer Management
- 5.4.5. Inventory Management
- 5.4.6. Manufacturing Module
- 5.4.7. Business Intelligence
- 5.4.8. Others
- 5.5. Market Analysis, Insights and Forecast – By End User
- 5.5.1. Large enterprises
- 5.5.2. Small & Medium enterprises
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Latin America
- 5.6.3. Europe
- 5.6.4. Asia Pacific
- 5.6.5. Middle East and Africa
6. North America ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Component
- 6.2.1. Software
- 6.2.2. Services
- 6.3. Market Analysis, Insights and Forecast – By Deployment Model
- 6.3.1. On-premise
- 6.3.2. Cloud
- 6.3.3. Hybrid
- 6.4. Market Analysis, Insights and Forecast – By Business Function
- 6.4.1. Finance
- 6.4.2. Human Resource (HR)
- 6.4.3. Supply Chain
- 6.4.4. Customer Management
- 6.4.5. Inventory Management
- 6.4.6. Manufacturing Module
- 6.4.7. Business Intelligence
- 6.4.8. Others
- 6.5. Market Analysis, Insights and Forecast – By End User
- 6.5.1. Large enterprises
- 6.5.2. Small & Medium enterprises
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Latin America ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Component
- 7.2.1. Software
- 7.2.2. Services
- 7.3. Market Analysis, Insights and Forecast – By Deployment Model
- 7.3.1. On-premise
- 7.3.2. Cloud
- 7.3.3. Hybrid
- 7.4. Market Analysis, Insights and Forecast – By Business Function
- 7.4.1. Finance
- 7.4.2. Human Resource (HR)
- 7.4.3. Supply Chain
- 7.4.4. Customer Management
- 7.4.5. Inventory Management
- 7.4.6. Manufacturing Module
- 7.4.7. Business Intelligence
- 7.4.8. Others
- 7.5. Market Analysis, Insights and Forecast – By End User
- 7.5.1. Large enterprises
- 7.5.2. Small & Medium enterprises
- 7.6. Insights and Forecast – By Country
- 7.6.1. Brazil
- 7.6.2. Mexico
- 7.6.3. Rest of Latin America
8. Europe ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Component
- 8.2.1. Software
- 8.2.2. Services
- 8.3. Market Analysis, Insights and Forecast – By Deployment Model
- 8.3.1. On-premise
- 8.3.2. Cloud
- 8.3.3. Hybrid
- 8.4. Market Analysis, Insights and Forecast – By Business Function
- 8.4.1. Finance
- 8.4.2. Human Resource (HR)
- 8.4.3. Supply Chain
- 8.4.4. Customer Management
- 8.4.5. Inventory Management
- 8.4.6. Manufacturing Module
- 8.4.7. Business Intelligence
- 8.4.8. Others
- 8.5. Market Analysis, Insights and Forecast – By End User
- 8.5.1. Large enterprises
- 8.5.2. Small & Medium enterprises
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. UK
- 8.6.2. Germany
- 8.6.3. France
- 8.6.4. Italy
- 8.6.5. Spain
- 8.6.6. Russia
- 8.6.7. Rest of Europe
9. Asia Pacific ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Component
- 9.2.1. Software
- 9.2.2. Services
- 9.3. Market Analysis, Insights and Forecast – By Deployment Model
- 9.3.1. On-premise
- 9.3.2. Cloud
- 9.3.3. Hybrid
- 9.4. Market Analysis, Insights and Forecast – By Business Function
- 9.4.1. Finance
- 9.4.2. Human Resource (HR)
- 9.4.3. Supply Chain
- 9.4.4. Customer Management
- 9.4.5. Inventory Management
- 9.4.6. Manufacturing Module
- 9.4.7. Business Intelligence
- 9.4.8. Others
- 9.5. Market Analysis, Insights and Forecast – By End User
- 9.5.1. Large enterprises
- 9.5.2. Small & Medium enterprises
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. China
- 9.6.2. India
- 9.6.3. Japan
- 9.6.4. Australia
- 9.6.5. South East Asia
- 9.6.6. Rest of Asia Pacific
10. Middle East & Africa ERP Software Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Component
- 10.2.1. Software
- 10.2.2. Services
- 10.3. Market Analysis, Insights and Forecast – By Deployment Model
- 10.3.1. On-premise
- 10.3.2. Cloud
- 10.3.3. Hybrid
- 10.4. Market Analysis, Insights and Forecast – By Business Function
- 10.4.1. Finance
- 10.4.2. Human Resource (HR)
- 10.4.3. Supply Chain
- 10.4.4. Customer Management
- 10.4.5. Inventory Management
- 10.4.6. Manufacturing Module
- 10.4.7. Business Intelligence
- 10.4.8. Others
- 10.5. Market Analysis, Insights and Forecast – By End User
- 10.5.1. Large enterprises
- 10.5.2. Small & Medium enterprises
- 10.6. Market Analysis, Insights and Forecast – By Country
- 10.6.1. GCC
- 10.6.2. South Africa
- 10.6.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. Oracle
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. TOTVS S.A
- 11.6. Microsoft Corporation
- 11.7. SAP SE
- 11.8. Infor
- 11.9. IBM Corporation
- 11.10. Netsuite Inc.
- 11.11. SYSPRO
- 11.12. Unit4
- 11.13. Sage Group Plc
- 11.14. QAD
- 11.15. Focus Softnet
- 11.16. Ultimate Software
- 11.17. Epicor Software Corporation
- 11.18. Yonyou
- 11.19. Infor
- 11.20. Plex Systems Inc.
- 11.21. NetSuite Inc
- 11.22. Intuit Inc
- 11.23. Workday Inc
- 11.24. Kingdee International Software Group (HK) Ltd
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
