Enterprise Resource Planning (ERP) Sector: Growth Drivers and Challenges
Growth Drivers
- Global Digitalization is Increasing Across Various Verticals
- Increase in Emerging Technologies, such as, AR, IoT, AI, Digital twin and Others
Challenges
- Substantial Gap Between Customer Expectations and Solution Delivered
Enterprise Resource Planning (ERP) Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
9.6% |
|
Base Year Market Size (2024) |
USD 64.94 billion |
|
Forecast Year Market Size (2037) |
USD 213.82 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of ERP is evaluated at USD 70.24 billion.
Enterprise Resource Planning (ERP) Market size was valued at USD 64.94 billion in 2024 and is set to exceed USD 213.82 billion by 2037, registering over 9.6% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is anticipated to hold largest revenue share by 2037, owing to increase in technology adoption in the region.
The major players in the market are IBM, SAP, Oracle, Infor, IFS, ABB, Intelligent Process Solutions, Maintenance Connection, Aveva, Aptean, Emanit, CGI, Rfgen Software, Assetworks, Ultimo Software Solutions, UpKeep , among others.