GLOBAL ENTERPRISE RESOURCE PLANNING MARKET 2019-2027

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GLOBAL ENTERPRISE RESOURCE PLANNING MARKET 2019-2027

Market By Organization Size, Deployment, Functions, Verticals, And Geography | Forecast 2019-2027

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Triton Market Research predicts that the global enterprise resource planning market that accounted for $35.27 billion in 2018, would witness a CAGR of 7.43% over the forecast period to reach $66.69 billion by 2027.  

ERP is a multipurpose software used to enhance different business processes. It is suitable for the collection, storage, management and interpretation of data from business activities. ERP is helpful in managing various business activities, including product planning, human resources, inventory handling, accounting, marketing and sales & supply chain.

Triton Market Research’s report on the enterprise resource planning market provides an in-depth insight into the market. The detailed analysis of the market includes the key insights, evolution & transition of ERP, Porter’s five forces analysis, market attractiveness index, vendor scorecard, industry components, and the key impact analysis. 

Factors such as the increasing need to develop competitive strategies & real-time decision-making and the growing demand for efficiency, supported with informed and data-driven decisions, rapid adoption of ERP by small & medium enterprises (SMEs) are the key growth enablers for the market. SMEs are increasingly adopting ERP as the software offers a cost-effective alternative through models such as installment-based payments. Moreover, SMEs adopt these solutions to avoid heavy, upfront capital investments. The initial investment of SaaS-based ERP software is low, because an IT infrastructure is not needed, eliminating acquisition costs, as well as long-term hardware & software upgrades and ongoing operational costs. Thus, it is a very economical solution for SMEs and mid-market companies. SaaS-based ERP software is one of the most valuable elements for SMEs, helping them to increase revenue, improve functionality, and reduce the cost of ownership.

Other than these drivers, the ERP market is also expected to grow mainly because of the presence of certain emerging trends, such as the integration of ERP software with social media, the emergence of cloud-based ERP solutions & technological advancements in ERP. The increasing influence of social networking sites, such as Facebook, Twitter, and LinkedIn, allows ERP vendors to introduce a social element that will help employees interact with customers directly. Moreover, inspired by the Apple Application Store, the ERP Application Store has been introduced by SAP. Through the store, customers and partners can now buy and resell the Business One ERP software for smaller companies. 

Despite the presence of several drivers, the market growth of ERP is curtailed by several challenges. ERP software vendors, such as Microsoft, SAP, Oracle and IBM Corp, charge high for their application offerings. Going forward, these companies also charge for maintenance and support functions. Such charges are overpriced, due to which enterprises are spending less on enterprise applications. Further, the companies are shifting from licensed to open source applications, owing to the low costs associated with open source. Apart from support, these vendors modify the open-source code and customize them as per the requirement of end-user industries. 

Key geographies covered in global enterprise resource planning market are:

•    North America: United States and Canada

•    Europe: United Kingdom, France, Germany, Spain, Italy, Russia and Rest of Europe

•    Asia-Pacific: China, Japan, India, Australia, South Korea, ASEAN Countries and Rest of Asia-Pacific

•    Latin America: Brazil, Mexico and Rest of Latin America

•    Middle East and Africa: Saudi Arabia, Turkey, United Arab Emirates, South Africa and Rest of Middle East & Africa

Segmentation analysis of the enterprise resource planning market:

•    Deployment Mode is segmented into:

o    On-premise

o    Cloud

o    Hybrid

•    Organization Size is segmented into:

O    Large Enterprises

O    Small & Medium Enterprises

•    Functions is segmented into:

O    Finance

O    Human Resource (HR)

O    Supply Chain

O    Customer Management

O    Inventory Management

O    Manufacturing Module

O    Other Business Functions

•    Verticals is segmented into:

O    Retail

O    Manufacturing

O    Banking, Financial Services & Insurance (BFSI)

O    Government

O    IT and Telecom

O    Healthcare

O    Military and Defense

O    Other End-users

Oracle Corporation, Unit4 N.V. (acquired by Advent International), Industrial and Financial Systems (IFS) AB, International Business Machines Corporation (IBM), Infor Inc., QAD, Inc., Ramco Systems Limited (RSL), Microsoft Corporation, Deskera Holdings Ltd., Workday Inc., Epicor Software Corporation, Sage Group Plc, SAP SE, and IQMS (acquired by Dassault Systemes) are some of the major vendors enterprise resource planning market.


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Table of Content

1.    GLOBAL ENTERPRISE RESOURCE PLANNING MARKET – SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. EVOLUTION & TRANSITION OF ENTERPRISE RESOURCE PLANNING

2.3. KEY INSIGHTS

2.3.1. ACQUISITION HAS BECOME THE KEY GROWTH STRATEGY FOR INDUSTRY PLAYERS

2.3.2. EMERGENCE OF CLOUD ERP

2.3.3. TECHNOLOGICAL ADVANCEMENTS IN ERP

2.3.4. INTEGRATION OF ERP SOFTWARE WITH SOCIAL MEDIA

2.4. PORTER’S FIVE FORCES ANALYSIS

2.4.1. THREAT OF NEW ENTRANTS

2.4.2. THREAT OF SUBSTITUTE

2.4.3. BARGAINING POWER OF BUYERS

2.4.4. BARGAINING POWER OF SUPPLIERS

2.4.5. THREAT OF COMPETITIVE RIVALRY

2.5. KEY IMPACT ANALYSIS

2.5.1. COST-EFFECTIVENESS

2.5.2. COMPATIBILITY

2.5.3. EASE OF USE

2.5.4. SECURITY

2.6. MARKET ATTRACTIVENESS INDEX

2.7. VENDOR SCORECARD

2.8. INDUSTRY COMPONENTS

2.8.1. ELEMENT PROVIDERS

2.8.2. ERP SOFTWARE VENDORS

2.8.3. DISTRIBUTION CHANNEL

2.8.4. END-USER

2.9. MARKET DRIVERS

2.9.1. INCREASING NEED TO DEVELOP COMPETITIVE STRATEGIES & REAL-TIME DECISION-MAKING

2.9.2. GROWING DEMAND FOR EFFICIENCY, SUPPORTED WITH INFORMED AND DATA-DRIVEN DECISIONS

2.10. MARKET RESTRAINTS

2.10.1. RISE IN THE COMMON VULNERABILITIES AND EXPOSURES (CVE)

2.10.2. HIGH COSTS LIMITING THE ADOPTION OF ERP SOFTWARE

2.11. MARKET OPPORTUNITIES

2.11.1. SMALL & MEDIUM ENTERPRISES (SMES) BECOMING THE KEY END-USER OF ERP SOLUTIONS

2.11.2. CLOUD-BASED ERP SOLUTIONS ARE GAINING MOMENTUM

2.12. MARKET CHALLENGES

2.12.1. EASY AVAILABILITY OF OPEN-SOURCE ERP SOFTWARE

3.    GLOBAL ENTERPRISE RESOURCE PLANNING MARKET OUTLOOK – BY ORGANIZATION SIZE

3.1. LARGE ENTERPRISES

3.2. SMALL & MEDIUM ENTERPRISES (SMES)

4.    GLOBAL ENTERPRISE RESOURCE PLANNING MARKET OUTLOOK – BY DEPLOYMENT

4.1. ON-PREMISE

4.2. CLOUD

4.3. HYBRID

5.    GLOBAL ENTERPRISE RESOURCE PLANNING MARKET OUTLOOK – BY FUNCTIONS

5.1. FINANCE

5.2. HUMAN RESOURCE (HR)

5.3. SUPPLY CHAIN

5.4. CUSTOMER MANAGEMENT

5.5. INVENTORY MANAGEMENT

5.6. MANUFACTURING MODULE

5.7. OTHER FUNCTIONS

6.    GLOBAL ENTERPRISE RESOURCE PLANNING MARKET OUTLOOK – BY VERTICALS

6.1. RETAIL

6.2. MANUFACTURING

6.3. BANKING, FINANCIAL SERVICES & INSURANCE (BFSI)

6.4. GOVERNMENT

6.5. IT AND TELECOM

6.6. HEALTHCARE

6.7. MILITARY AND DEFENSE

6.8. OTHER VERTICALS

7.    GLOBAL ENTERPRISE RESOURCE PLANNING MARKET – REGIONAL OUTLOOK

7.1. NORTH AMERICA

7.1.1. MARKET BY ORGANIZATION SIZE

7.1.2. MARKET BY DEPLOYMENT

7.1.3. MARKET BY FUNCTIONS

7.1.4. MARKET BY VERTICALS

7.1.5. COUNTRY ANALYSIS

7.1.5.1.       UNITED STATES

7.1.5.2.       CANADA

7.2. EUROPE

7.2.1. MARKET BY ORGANIZATION SIZE

7.2.2. MARKET BY DEPLOYMENT

7.2.3. MARKET BY FUNCTIONS

7.2.4. MARKET BY VERTICALS

7.2.5. COUNTRY ANALYSIS

7.2.5.1.       UNITED KINGDOM

7.2.5.2.       GERMANY

7.2.5.3.       FRANCE

7.2.5.4.       SPAIN

7.2.5.5.       ITALY

7.2.5.6.       RUSSIA

7.2.5.7.       REST OF EUROPE

7.3. ASIA-PACIFIC

7.3.1. MARKET BY ORGANIZATION SIZE

7.3.2. MARKET BY DEPLOYMENT

7.3.3. MARKET BY FUNCTIONS

7.3.4. MARKET BY VERTICALS

7.3.5. COUNTRY ANALYSIS

7.3.5.1.       CHINA

7.3.5.2.       JAPAN

7.3.5.3.       INDIA

7.3.5.4.       SOUTH KOREA

7.3.5.5.       ASEAN COUNTRIES

7.3.5.6.       AUSTRALIA & NEW ZEALAND

7.3.5.7.       REST OF ASIA-PACIFIC

7.4. LATIN AMERICA

7.4.1. MARKET BY ORGANIZATION SIZE

7.4.2. MARKET BY DEPLOYMENT

7.4.3. MARKET BY FUNCTIONS

7.4.4. MARKET BY VERTICALS

7.4.5. COUNTRY ANALYSIS

7.4.5.1.       BRAZIL

7.4.5.2.       MEXICO

7.4.5.3.       REST OF LATIN AMERICA

7.5. MIDDLE EAST AND AFRICA

7.5.1. MARKET BY ORGANIZATION SIZE

7.5.2. MARKET BY DEPLOYMENT

7.5.3. MARKET BY FUNCTIONS

7.5.4. MARKET BY VERTICALS

7.5.5. COUNTRY ANALYSIS

7.5.5.1.       UNITED ARAB EMIRATES

7.5.5.2.       TURKEY

7.5.5.3.       SAUDI ARABIA

7.5.5.4.       SOUTH AFRICA

7.5.5.5.       REST OF MIDDLE EAST & AFRICA

8.    COMPETITIVE LANDSCAPE

8.1. SAP SE

8.2. INFOR INC.

8.3. RAMCO SYSTEMS LIMITED (RSL)

8.4. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)

8.5. ORACLE CORPORATION

8.6. DESKERA HOLDINGS LTD.

8.7. INDUSTRIAL AND FINANCIAL SYSTEMS (IFS) AB

8.8. MICROSOFT CORPORATION

8.9. EPICOR SOFTWARE CORPORATION

8.10. QAD INC.

8.11. WORKDAY INC.

8.12. IQMS (ACQUIRED BY DASSAULT SYSTEMES)

8.13. SAGE GROUP PLC

8.14. UNIT4 N.V. (ACQUIRED BY ADVENT INTERNATIONAL)

8.15. SYSPRO (PTY) LTD.

8.16. PLEX SYSTEMS INC. (ACQUIRED BY FRANCISCO PARTNERS)

9.    RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of table

TABLE 1: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)           

TABLE 2: EVOLUTION & TRANSITION OF ENTERPRISE RESOURCE PLANNING (ERP)      

TABLE 3: SOME OF THE PROMINENT ACQUISITIONS BY ERP VENDORS/PROVIDERS     

TABLE 4: VENDOR SCORECARD        

TABLE 5: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)

TABLE 6: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY DEPLOYMENT, 2019-2027 (IN $ MILLION)           

TABLE 7: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY FUNCTIONS, 2019-2027 (IN $ MILLION)           

TABLE 8: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)         

TABLE 9: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)           

TABLE 10: NORTH AMERICA ENTERPRISE RESOURCE PLANNING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 11: NORTH AMERICA ENTERPRISE RESOURCE PLANNING MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)      

TABLE 12: NORTH AMERICA ENTERPRISE RESOURCE PLANNING MARKET, BY DEPLOYMENT, 2019-2027 (IN $ MILLION)       

TABLE 13: NORTH AMERICA ENTERPRISE RESOURCE PLANNING MARKET, BY FUNCTIONS, 2019-2027 (IN $ MILLION)           

TABLE 14: NORTH AMERICA ENTERPRISE RESOURCE PLANNING MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)

TABLE 15: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)           

TABLE 16: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION) 

TABLE 17: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY DEPLOYMENT, 2019-2027 (IN $ MILLION)           

TABLE 18: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY FUNCTIONS, 2019-2027 (IN $ MILLION)           

TABLE 19: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)           

TABLE 20: ASIA-PACIFIC ENTERPRISE RESOURCE PLANNING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 21: ASIA-PACIFIC ENTERPRISE RESOURCE PLANNING MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION) 

TABLE 22: ASIA-PACIFIC ENTERPRISE RESOURCE PLANNING MARKET, BY DEPLOYMENT, 2019-2027 (IN $ MILLION)

TABLE 23: ASIA-PACIFIC ENTERPRISE RESOURCE PLANNING MARKET, BY FUNCTIONS, 2019-2027 (IN $ MILLION)

TABLE 24: ASIA-PACIFIC ENTERPRISE RESOURCE PLANNING MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)

TABLE 25: LATIN AMERICA ENTERPRISE RESOURCE PLANNING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 26: LATIN AMERICA ENTERPRISE RESOURCE PLANNING MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)      

TABLE 27: LATIN AMERICA ENTERPRISE RESOURCE PLANNING MARKET, BY DEPLOYMENT, 2019-2027 (IN $ MILLION)       

TABLE 28: LATIN AMERICA ENTERPRISE RESOURCE PLANNING MARKET, BY FUNCTIONS, 2019-2027 (IN $ MILLION)

TABLE 29: LATIN AMERICA ENTERPRISE RESOURCE PLANNING MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)

TABLE 30: MIDDLE EAST AND AFRICA ENTERPRISE RESOURCE PLANNING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)  

TABLE 31: MIDDLE EAST AND AFRICA ENTERPRISE RESOURCE PLANNING MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)      

TABLE 32: MIDDLE EAST AND AFRICA ENTERPRISE RESOURCE PLANNING MARKET, BY DEPLOYMENT, 2019-2027 (IN $ MILLION)       

TABLE 33: MIDDLE EAST AND AFRICA ENTERPRISE RESOURCE PLANNING MARKET, BY FUNCTIONS, 2019-2027 (IN $ MILLION)           

TABLE 34: MIDDLE EAST AND AFRICA ENTERPRISE RESOURCE PLANNING MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1: KEY BUYING IMPACT ANALYSIS 

FIGURE 2: MARKET ATTRACTIVENESS INDEX       

FIGURE 3: INDUSTRY COMPONENTS

FIGURE 4: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY LARGE ENTERPRISES, 2019-2027 (IN $ MILLION)      

FIGURE 5: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY SMALL & MEDIUM ENTERPRISES (SME'S), 2019-2027 (IN $ MILLION)  

FIGURE 6: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY ON-PREMISE, 2019-2027 (IN $ MILLION)           

FIGURE 7: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY CLOUD, 2019-2027 (IN $ MILLION)

FIGURE 8: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY HYBRID, 2019-2027 (IN $ MILLION)         

FIGURE 9: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY FINANCE, 2019-2027 (IN $ MILLION)         

FIGURE 10: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY HUMAN RESOURCE (HR), 2019-2027 (IN $ MILLION)  

FIGURE 11: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY SUPPLY CHAIN, 2019-2027 (IN $ MILLION)

FIGURE 12: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY CUSTOMER MANAGEMENT, 2019-2027 (IN $ MILLION)      

FIGURE 13: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY INVENTORY MANAGEMENT, 2019-2027 (IN $ MILLION)      

FIGURE 14: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY MANUFACTURING MODULE, 2019-2027 (IN $ MILLION)     

FIGURE 15: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY OTHER FUNCTIONS, 2019-2027 (IN $ MILLION)           

FIGURE 16: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)         

FIGURE 17: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)

FIGURE 18: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY BANKING, FINANCIAL SERVICES & INSURANCE (BFSI), 2019-2027 (IN $ MILLION)          

FIGURE 19: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY GOVERNMENT, 2019-2027 (IN $ MILLION)

FIGURE 20: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY IT AND TELECOM, 2019-2027 (IN $ MILLION)

FIGURE 21: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)

FIGURE 22: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY MILITARY AND DEFENSE, 2019-2027 (IN $ MILLION)   

FIGURE 23: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)

FIGURE 24: GLOBAL ENTERPRISE RESOURCE PLANNING MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 25: UNITED STATES ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26: CANADA ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 27: UNITED KINGDOM ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 28: GERMANY ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 29: FRANCE ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 30: SPAIN ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 31: ITALY ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 32: RUSSIA ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 33: REST OF EUROPE ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 34: CHINA ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 35: JAPAN ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 36: INDIA ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 37: SOUTH KOREA ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 38: ASEAN COUNTRIES ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)         

FIGURE 39: AUSTRALIA & NEW ZEALAND ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 40: REST OF ASIA-PACIFIC ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 41: BRAZIL ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 42: MEXICO ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 43: REST OF LATIN AMERICA ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 44: UNITED ARAB EMIRATES ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 45: TURKEY ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 46: SAUDI ARABIA ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 47: SOUTH AFRICA ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 48: REST OF MIDDLE EAST & AFRICA ENTERPRISE RESOURCE PLANNING MARKET, 2019-2027 (IN $ MILLION)       

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