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Classified in: Science and technology
Subject: MRR

Enterprise Resource Planning Software Market Size to Increase by USD 29,213.61 Million: 42% Growth to Originate from North America - Technavio

NEW YORK, Nov. 27, 2022 /PRNewswire/ -- The enterprise resource planning software market by type, end-user, and geography - forecast and analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 9.93% and register an incremental growth of USD 29,213.61 million during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a Free PDF Sample Report

Regional Analysis

Based on region, the global enterprise resource planning (ERP) software market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. North America is estimated to contribute 42% to the growth of the global market over the forecast period. The US and Canada are the major revenue contributors to the ERP software market growth in this region. The demand for ERP software in this region is driven by the need for business process efficiency and transparency through digital transformation.

Company Profiles

The enterprise resource planning (ERP) software market report includes information on the key products and recent developments of leading vendors, including:

Market Dynamics

The market is driven by factors such as the high operational efficiency associated with ERP software, increasing demand for ERP software from SMEs, and the rising demand for cloud-based applications. However, the increasing number of cyberattacks on ERP software is hindering the market growth.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others. Request a Sample

Market Segmentation
Related Reports:

The enterprise data management market size for the BFSI sector in the US is projected to grow by USD 4,277.78 million between 2022 and 2027, and the market's growth momentum will accelerate at a CAGR of 12%. The growing demand for data integration and visual analytics is notably driving the market growth, although factors such as the high price of enterprise data management software may impede the market growth.

The enterprise performance management market size is projected to grow by USD 2.23 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.31%. The increased demand for cloud-based enterprise performance management applications is notably driving the market growth, although factors such as data security issues may impede the market growth.

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What are the key data covered in this enterprise resource planning (ERP) software market report?

Enterprise Resource Planning Software Market Scope

Report Coverage


Page number


Base year


Historical year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 9.93%

Market growth 2023-2027

USD 29,213.61 million

Market structure


YoY growth (%)


Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 42%

Key consumer countries

US, Canada, Mexico, China, Japan, and Germany

Competitive landscape

Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Companies profiled

Acumatica Inc., Computer Generated Solutions Inc., Dassault Systemes SE, Ellucian Co. LP, Epicor Software Corp., Koch Industries Inc., Microsoft Corp., Odoo SA, Oracle Corp., Roper Technologies Inc., Sage Group Plc, Salesforce.com Inc., SAP SE, SYSPRO Pty. Ltd., TOTVS SA, UKG Inc., Unit4 NV, Workday Inc., IFS World Operations AB, and ServiceNow Inc.

Market Dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Information Technology Market Reports

Table of contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

SOURCE Technavio

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