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03-24-2025 05:42 PM CET | Health & Medicine

Press release from: Verified Market Reports

Third-Party Support for ERP Market: Key Challenges Facing New Entrants

Third-Party Support for ERP Market: Key Challenges Facing New Entrants

Third-Party Support for ERP Market size was valued at USD 10.5 Billion in 2024 and is forecasted to grow at a CAGR of 8.9% from 2026 to 2033, reaching USD 22.3 Billion by 2033.

Third-Party Support for ERP Market Future Scope
The Third-Party Support for ERP Market was valued at approximately USD 4.5 billion in 2022, and it is projected to grow at a compound annual growth rate (CAGR) of 10.5% from 2023 to 2030. This growth can be attributed to the increasing demand for cost-effective, flexible, and customized ERP solutions. Companies are increasingly looking to reduce the dependency on original ERP vendors and seek third-party support for their ERP systems. The rising adoption of ERP systems across industries such as manufacturing, healthcare, and retail is expected to boost the market further. Furthermore, the integration of emerging technologies like AI, cloud computing, and machine learning in third-party support services will provide businesses with more tailored and efficient ERP solutions, which is expected to fuel the market growth.

The future of the Third-Party Support for ERP Market looks promising, with a significant rise in the number of enterprises seeking long-term, independent support to enhance their ERP systems' functionality. Small and medium-sized businesses are expected to become a key market segment, as they increasingly realize the potential cost savings and enhanced flexibility offered by third-party vendors. As businesses aim to keep their ERP systems up-to-date and competitive, the demand for independent third-party support is anticipated to increase significantly, with a focus on reducing overall maintenance costs and improving system performance. This presents substantial opportunities for growth, innovation, and competition within the market, leading to a more dynamic and competitive landscape in the coming years.

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Who are the largest Global manufacturers in the Third-Party Support for ERP Market?
Oracle
SAP
Microsoft
Rimini Street
IBM
Salesforce
Support Revolution
Epicor Software Corporation
Spinnaker
Compare the Cloud
TomorrowNow

By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real-time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.

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What are the factors driving the growth of the Global Third-Party Support for ERP Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Third-Party Support for ERP Market

By Type of Support

On-Premise Support
Cloud-Based Support
Hybrid Support
Remote Support

By Deployment Model

Single-Tenant
Mpti-Tenant
Managed Services

By Industry Vertical

Manufacturing
Retail
Healthcare
Finance
Telecommunications
Education

By Service Type

Technical Support
Functional Support
Conspting Services
Training & Education
System Integration

By Size of Cbrent

Small Enterprises
Medium Enterprises
Large Enterprises

Which regions are leading the Global Third-Party Support for ERP Market?
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Global Third-Party Support for ERP Market Research Report, 2026-2033
1. Introduction of the Global Third-Party Support for ERP Market

Overview of the Market
Scope of Report
Assumptions
2. Executive Summary

3. Research Methodology of Verified Market Research

Data Minin
Validation
Primary Interview
List of Data Sources
4. Global Third-Party Support for ERP Market Outlook

Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Third-Party Support for ERP Market, By Product

6. Global Third-Party Support for ERP Market, By Application

7. Global Third-Party Support for ERP Market, By Geography

North America
Europe
Asia Pacific
Rest of the World
8. Global Third-Party Support for ERP Market Competitive Landscape

Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles

10. Appendix

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"About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research."

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