Market by Enterprise Size (Large Enterprises, Medium Enterprises, Small Enterprises) Deployment (On-Premise, Cloud, Hybrid) Application (Finance, Human Resource (HR), Supply Chain, Customer Management, Inventory Management, Manufacturing Module, Other Applications) Vertical (Retail, Manufacturing, Banking, Financial Services, & Insurance (BFSI), Government, IT and Telecom, Healthcare, Military and Defense, Other Verticals) and Country Outlook | Forecast 2024-2032
Based on Triton’s report analysis, the Europe enterprise resource planning (ERP) market is estimated to witness growth in terms of revenue at a CAGR of 9.14% during the forecast years 2024-2032.
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The enterprise resource planning (ERP) software market in Europe has been experiencing notable growth, driven by increased digitalization and the integration of digital technologies across various business sectors. In 2023, approximately 43.3% of enterprises in the region adopted ERP software. This adoption rate is particularly high in sectors such as information and communication, manufacturing, and utilities. Besides, the European Commission’s Digital Decade initiative highlights the importance of digital transformation for businesses, aiming for over 90% of SMEs to achieve a basic level of digital intensity by 2030. These statistics indicate a robust and growing market for ERP solutions in Europe.Â
The countries analyzed in this region include:Â
Germany dominates the regional market, obtaining around $3.19 billion in 2023
As per International Trade Administration (ITA), Germany boasts one of the largest ICT markets in the world, with the sector’s revenue surging to an estimated $141.6 billion in 2023. Substantial government initiatives like the Digital Agenda and the National Digital Strategy 2025 support this growth.Â
This includes enhancing digital infrastructure, promoting digital workplaces, and ensuring cybersecurity. These initiatives foster a conducive environment for ERP adoption as businesses seek to streamline operations.Â
The nation’s economy is the fourth largest globally, accounting for about 24.9% of the European Union’s GDP in 2022, as stated by ITA. This drives the demand for efficient ERP software solutions to manage complex business processes and enhance productivity.Â
Market Forecast for the United KingdomÂ
The enterprise resource planning market in the United Kingdom has shown significant growth, driven by the increasing need for digital transformation across various industries. According to the Office for National Statistics, several UK businesses are prioritizing technological investments, including ERP systems, to streamline operations and reduce overheads. In May 2024, around 19% of businesses reported adopting work-from-home as a permanent model, with approximately 51% of them citing decreased overheads as a major reason. This shift highlights the importance of integrated ERP systems in managing distributed workforces and maintaining operational coherence​.
The market is segmented based on deployment, enterprise size, vertical, and application. Based on deployment type, it is divided into cloud, hybrid, and on-premise.Â
Although most companies continue to rely on on-premises ERP software, the demand for cloud-based solutions is rapidly increasing. By opting for cloud-based ERP software, companies can update their systems without the need for new capital investments in ERP hardware and software for their data centers. Instead, they subscribe to the ERP services provided by the cloud vendor on a monthly basis. Furthermore, cloud-based systems enhance collaboration by testing the structure and stability of applications, as well as collecting and consolidating data essential for the security and coordination of business processes.
The well-known companies in the market comprise SAP SE, Oracle Corporation, QAD Inc, Workday Inc, and Syspro Ltd.Â
SAP SE, headquartered in Walldorf, Germany, specializes in enterprise software solutions. It offers a range of services, including customer relationship management, data management, human capital management, and supply chain management. Its business segments cover asset management, commerce, finance, human resources, manufacturing, marketing, supply chain, engineering, and sustainability. Additionally, the company provides analytics, applications, mobile solutions, database management, cloud services, and technology operations. It serves diverse industries such as natural resources, financial services, public services, discrete manufacturing, energy, and consumer markets.Â
Latest from the Company:Â
In May 2024, SAP and AWS announced a collaboration to revolutionize modern cloud ERP through generative AI, helping enterprises improve efficiencies.
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the enterprise resource planning market revenue growth in Europe and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the Europe enterprise resource planning market’s growth during the upcoming years
Market by Technology (Data ana ..
VIEW REPORT1. EUROPE
ENTERPRISE RESOURCE PLANNING MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE ENTERPRISE RESOURCE PLANNING MARKET
2.1.1. COVID-19
IMPACT
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. KEY
BUYING IMPACT ANALYSIS
2.3.1. COMPATIBILITY
2.3.2. COST-EFFECTIVENESS
2.3.3. EASE
OF USE
2.3.4. SECURITY
2.4. KEY
MARKET STRATEGIES
2.4.1. CONTRACTS
& AGREEMENTS
2.4.2. PRODUCT
LAUNCHES
2.4.3. ACQUISITIONS
2.4.4. BUSINESS
DIVESTMENTS & EXPANSIONS
2.5. MARKET
DRIVERS
2.5.1. INCREASING
NEED TO DEVELOP COMPETITIVE STRATEGIES AND REAL-TIME DECISION MAKING
2.5.2. GROWING
DEMAND FOR EFFICIENCY
2.5.3. RAPID
ADOPTION OF ERP BY SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
2.6. MARKET
CHALLENGES
2.6.1. EASY
AVAILABILITY OF OPEN-SOURCE ERP SOFTWARE
2.6.2. RISE
IN COMMON VULNERABILITIES AND EXPOSURES (CVE)
2.6.3. ELEVATED
EXPENSES ASSOCIATED WITH ERP SOLUTIONS
2.7. MARKET
OPPORTUNITIES
2.7.1. INCREASE
IN DEMAND FOR ERP
2.7.2. INTEGRATION
OF ERP WITH BIG DATA AND INTERNET OF THINGS (IOT)
2.8. ANALYST
PERSPECTIVE
3. EUROPE
ENTERPRISE RESOURCE PLANNING MARKET – BY ENTERPRISE SIZE
3.1. LARGE
ENTERPRISES
3.2. MEDIUM
ENTERPRISES
3.3. SMALL
ENTERPRISES
4. EUROPE
ENTERPRISE RESOURCE PLANNING MARKET – BY DEPLOYMENT
4.1. ON-PREMISE
4.2. CLOUD
4.3. HYBRID
5. EUROPE
ENTERPRISE RESOURCE PLANNING MARKET – BY APPLICATION
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
APPLICATIONS
6. EUROPE
ENTERPRISE RESOURCE PLANNING MARKET – BY VERTICAL
6.1. AUTOMOTIVE
6.2. RETAIL
6.3. MANUFACTURING
6.4. BANKING,
FINANCIAL SERVICES, & INSURANCE (BFSI)
6.5. GOVERNMENT
6.6. IT AND
TELECOM
6.7. HEALTHCARE
6.8. MILITARY
AND DEFENSE
6.9. OTHER
VERTICALS
7. EUROPE
ENTERPRISE RESOURCE PLANNING MARKET – BY COUNTRY OUTLOOK
7.1. UNITED
KINGDOM
7.1.1. UNITED
KINGDOM ENTERPRISE RESOURCE PLANNING MARKET FORECAST & PROSPECTS
7.2. GERMANY
7.2.1. GERMANY
ENTERPRISE RESOURCE PLANNING MARKET FORECAST & PROSPECTS
7.3. FRANCE
7.3.1. FRANCE
ENTERPRISE RESOURCE PLANNING MARKET FORECAST & PROSPECTS
7.4. ITALY
7.4.1. ITALY
ENTERPRISE RESOURCE PLANNING MARKET FORECAST & PROSPECTS
7.5. SPAIN
7.5.1. SPAIN
ENTERPRISE RESOURCE PLANNING MARKET FORECAST & PROSPECTS
7.6. REST
OF EUROPE
7.6.1. REST
OF EUROPE ENTERPRISE RESOURCE PLANNING MARKET FORECAST & PROSPECTS
8. COMPETITIVE
LANDSCAPE
8.1. EPICOR
SOFTWARE CORPORATION
8.1.1. OVERVIEW
8.1.2. PRODUCT
PORTFOLIO
8.1.3. KEY
STRENGTHS
8.1.4. KEY
CHALLENGES
8.2. IBM
CORPORATION
8.2.1. OVERVIEW
8.2.2. PRODUCT
PORTFOLIO
8.2.3. KEY STRENGTHS
8.2.4. KEY
CHALLENGES
8.3. IFS AB
8.3.1. OVERVIEW
8.3.2. PRODUCT
PORTFOLIO
8.3.3. KEY
STRENGTHS
8.3.4. KEY
CHALLENGES
8.4. INFOR
INC
8.4.1. OVERVIEW
8.4.2. PRODUCT
PORTFOLIO
8.4.3. KEY
STRENGTHS
8.4.4. KEY
CHALLENGES
8.5. MICROSOFT
CORPORATION
8.5.1. OVERVIEW
8.5.2. PRODUCT
PORTFOLIO
8.5.3. KEY
STRENGTHS
8.5.4. KEY
CHALLENGES
8.6. ORACLE
CORPORATION
8.6.1. OVERVIEW
8.6.2. PRODUCT
PORTFOLIO
8.6.3. KEY
STRENGTHS
8.6.4. KEY
CHALLENGES
8.7. QAD
INC
8.7.1. OVERVIEW
8.7.2. PRODUCT
PORTFOLIO
8.7.3. KEY
STRENGTHS
8.7.4. KEY
CHALLENGES
8.8. SAP SE
8.8.1. COMPANY
OVERVIEW
8.8.2. PRODUCT
PORTFOLIO
8.8.3. KEY
STRENGTHS
8.8.4. KEY
CHALLENGES
8.9. SYSPRO
LTD
8.9.1. COMPANY
OVERVIEW
8.9.2. PRODUCT
PORTFOLIO
8.9.3. KEY
STRENGTHS
8.9.4. KEY
CHALLENGES
8.10. WORKDAY
INC
8.10.1. COMPANY
OVERVIEW
8.10.2. PRODUCT
PORTFOLIO
8.10.3. KEY
STRENGTHS
8.10.4. KEY
CHALLENGES
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE ENTERPRISE
RESOURCE PLANNING MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ MILLION)
TABLE 2: LIST OF CONTRACTS
& AGREEMENTS
TABLE 3: LIST OF PRODUCT
LAUNCHES
TABLE 4: LIST OF ACQUISITIONS
TABLE 5: LIST OF BUSINESS
DIVESTMENTS & EXPANSIONS
TABLE 6: EUROPE ENTERPRISE
RESOURCE PLANNING MARKET, BY ENTERPRISE SIZE, 2024-2032 (IN $ MILLION)
TABLE 7: EUROPE ENTERPRISE
RESOURCE PLANNING MARKET, BY DEPLOYMENT, 2024-2032 (IN $ MILLION)
TABLE 8: EUROPE ENTERPRISE
RESOURCE PLANNING MARKET, BY APPLICATION, 2024-2032 (IN $ MILLION)
TABLE 9: EUROPE ENTERPRISE
RESOURCE PLANNING MARKET, BY VERTICAL, 2024-2032 (IN $ MILLION)
TABLE 10: EUROPE ENTERPRISE
RESOURCE PLANNING MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ MILLION)
FIGURE
1: KEY BUYING IMPACT ANALYSIS
FIGURE
2: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY ENTERPRISE SIZE, 2023 &
2032 (IN %)
FIGURE
3: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY LARGE ENTERPRISES, 2024-2032
(IN $ MILLION)
FIGURE
4: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY MEDIUM ENTERPRISES, 2024-2032
(IN $ MILLION)
FIGURE
5: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY SMALL ENTERPRISES, 2024-2032
(IN $ MILLION)
FIGURE
6: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY DEPLOYMENT, 2023 & 2032
(IN %)
FIGURE
7: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY ON-PREMISE, 2024-2032 (IN $
MILLION)
FIGURE
8: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY CLOUD, 2024-2032 (IN $
MILLION)
FIGURE
9: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY HYBRID, 2024-2032 (IN $
MILLION)
FIGURE
10: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY APPLICATION, 2023 & 2032
(IN %)
FIGURE
11: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY FINANCE, 2024-2032 (IN $
MILLION)
FIGURE
12: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY HUMAN RESOURCE (HR),
2024-2032 (IN $ MILLION)
FIGURE
13: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY SUPPLY CHAIN, 2024-2032 (IN
$ MILLION)
FIGURE
14: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY CUSTOMER MANAGEMENT,
2024-2032 (IN $ MILLION)
FIGURE
15: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY INVENTORY MANAGEMENT,
2024-2032 (IN $ MILLION)
FIGURE
16: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY MANUFACTURING MODULE,
2024-2032 (IN $ MILLION)
FIGURE
17: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY OTHER APPLICATIONS,
2024-2032 (IN $ MILLION)
FIGURE
18: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY VERTICAL, 2023 & 2032
(IN %)
FIGURE
19: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY AUTOMOTIVE, 2024-2032 (IN $
MILLION) 2024-2032 (IN $ MILLION)
FIGURE
20: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY RETAIL, 2024-2032 (IN $
MILLION)
FIGURE
21: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY MANUFACTURING, 2024-2032 (IN
$ MILLION)
FIGURE
22: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY BANKING, FINANCIAL SERVICES,
& INSURANCE (BFSI), 2024-2032 (IN $ MILLION)
FIGURE
23: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY GOVERNMENT, 2024-2032 (IN $
MILLION)
FIGURE
24: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY IT & TELECOM, 2024-2032
(IN $ MILLION)
FIGURE
25: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY HEALTHCARE, 2024-2032 (IN $
MILLION)
FIGURE
26: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY MILITARY AND DEFENSE,
2024-2032 (IN $ MILLION)
FIGURE
27: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY OTHER VERTICALS, 2024-2032
(IN $ MILLION)
FIGURE
28: EUROPE ENTERPRISE RESOURCE PLANNING MARKET, BY COUNTRY OUTLOOK, 2023 &
2032 (IN %)
FIGURE
29: UNITED KINGDOM ENTERPRISE RESOURCE PLANNING MARKET 2024-2032 (IN $ MILLION)
FIGURE
30: GERMANY ENTERPRISE RESOURCE PLANNING MARKET 2024-2032 (IN $ MILLION)
FIGURE
31: FRANCE ENTERPRISE RESOURCE PLANNING MARKET 2024-2032 (IN $ MILLION)
FIGURE
32: ITALY ENTERPRISE RESOURCE PLANNING MARKET 2024-2032 (IN $ MILLION)
FIGURE
33: SPAIN ENTERPRISE RESOURCE PLANNING MARKET 2024-2032 (IN $ MILLION)
FIGURE
34: REST OF EUROPE ENTERPRISE RESOURCE PLANNING MARKET 2024-2032 (IN $ MILLION)