Enterprise Resource Planning (ERP) Market 2022-2027 Size, Share, Industry Analysis, Trends and Forecast

According to IMARC Group latest published report, titled “Enterprise Resource Planning (ERP) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global enterprise resource planning (ERP) market size reached US$ 41.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 70.6 Billion by 2027, exhibiting a growth rate (CAGR) of 9.7% during 2022-2027.

Enterprise resource planning (ERP) represents a software solution that manages and automates the core business processes of an organization, such as planning, accounting, finance, procurement, compliance, supply chain operations, inventory, project, and risk management, etc. It helps in integrating various administrative and business processes into a system for operational efficiency. ERP assists in improving supply chain management, predicting and minimizing risk chances, facilitating collaboration, improving financial health, etc. Consequently, it is extensively utilized by several companies to reduce operational and capital expenses. As such, cloud-based applications aid in reducing the costs of IT infrastructures.

Request Free Sample Report: https://www.imarcgroup.com/enterprise-resource-planning-market/requestsample

Market Trends

The growing digitization of corporate functionalities and the inflating need for operational efficiency and transparency are primarily driving the enterprise resource planning (ERP) market. Additionally, the widespread adoption of this solution in the healthcare industry to minimize clinical errors and provide better patient care at reduced clinical and administrative costs is positively influencing the global market. Besides this, the escalating demand for enterprise resource planning in the banking, financial services and insurance (BFSI) industry to protect the confidential information of customers and prevent security breaches is bolstering the global market. Moreover, the increasing popularity of cloud-based ERP across the manufacturing, telecommunications, and information technology (IT) sectors is acting as another significant growth-inducing factor. Apart from this, the introduction of smart education systems that are integrated with innovative software is also catalyzing the market growth. Furthermore, extensive investments by key market players in R&D activities are expected to propel the enterprise resource planning (ERP) market in the coming years.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/enterprise-resource-planning-market

List of Key Companies Covered in this Market Report:

• Epicor Software Corporation (KKR & Co. Inc.)
• International Business Machines Corporation IBM
• Kronos Incorporated (Hellman & Friedman LLC) (NYSE: KRO)
• Microsoft Corporation MSFT
• Oracle Corporation (NYSE: ORCL)
• SAP SE (NYSE: SAP)
• The Sage Group Plc (OTCMKTS: SGPYY)
• TOTVS S.A (BVMF: TOTS3)
• Unit4 (Advent International) (BVMF: TOTS3)
• Workday Inc. (NASDAQ: WDAY)
• Yonyou Network Technology Co. Ltd.(SHA: 600588)

The report has segmented the market on the basis of component, business segment, deployment type, organization size, vertical and geography.

Breakup by Component:

• Solutions
• Services

Breakup by Business Segment:

• Sales and Marketing
• Finance and Accounting
• Order Management
• Others

Breakup by Deployment Type:

• On-premises
• Cloud-based

Breakup by Organization Size:

• Large Organizations
• Small and Medium-Sized Organizations

Breakup by Vertical:

• BFSI
• Manufacturing
• Healthcare
• Education
• Government
• Automotive
• Others

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
Email: [email protected]
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA 
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group