Press release
Global ERP Software Market Report 2021-25: Industry Growth, Business Opportunities And Comprehensive Research
The global ERP software market is expected to grow from $145.44 billion in 2020 to $148.37 billion in 2021 at a compound annual growth rate (CAGR) of 2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $202.28 billion in 2025 at a CAGR of 8.1%.
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The enterprise resource planning (ERP) software market consists of sales of enterprise resource planning software. ERP software helps to connect the various departments in a business for the smooth flow of communication and information by providing a central database. This central database is a shared database which gathers, stores, analyzes and interprets data, allows any department to retrieve required information at any time, and supports multiple departments with ease.
Some of the key players involved in the ERP software market are SAP, Oracle, Microsoft, Epicor and Infor.
The countries covered in the global ERP software market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global ERP software market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
ERP Software Market Segmentation:
1) By Function: Finance, HR, Supply Chain,Others
2) By Deployment: On Premise ERP, Cloud ERP
3) By Vertical: Manufacturing and Services, BFSI, Healthcare, Retail, Government Utilities, Aerospace & Defense, Telecom, Others
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A Few Points From The Table Of Contents
1. Executive Summary
2. ERP Software Market Characteristics
3. ERP Software Market Trends And Strategies
4. Impact Of COVID-19 On ERP Software
5. ERP Software Market Size And Growth
……
27. ERP Software Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The ERP Software Market
29. ERP Software Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the ERP software market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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