Report Description Table of Contents Industry Report and Statistics (Facts & Figures) - Number of Deployments & New Installations, Installation Cost & Demand by Deployment Mode & Application The global ERP software will witness a robust CAGR of 9.87%, valued at $50.84 billion in 2021, expected to appreciate and reach $117.68 billion by 2030, confirms Strategic Market Research. ERP is an abbreviation for Enterprise Resource Planning. It is generally implemented by companies using software to maintain their records regarding the on-going proceedings of the business. Specialized software’s have been developed over the years to assist organizations with the primary functions of accounting, production, employee resource management, database management systems, purchase orders, and payroll, among others. The major companies involved in the sector are SAP, Oracle, Salesforce, NetSuite, and Acumatica. There is a significant rise in the need for ERP softwares by all organizations as they aid in managing and optimizing resources. ERP system procurement is referred to as a system which reduces the cost of purchasing goods in businesses and increases the efficacy of productivity. This system controls the entire process of purchasing products, including inventory requests, inventory receipts, and invoice receipts. SMR’s research showed that SAP covers almost 3.71% of the total ERP software market share. Moreover it was also discovered that SAP’s total procurement software market share was almost 54.11% 2021. All of the above-mentioned factors are significantly proliferating the market growth. Key Industry Drivers - Increased Usage in Developing Economies, Rapid Modernization of I.T. Infrastructure Developing economies such as Brazil, China, India, Russia, and Turkey are rapidly adopting ERP softwares across various sectors of the economy. The growth rate of the countries are 4.6%, 8.1%, 8.9%, 4.3%, and 11%, respectively. The industries driving the growth in India are engineering, automotive, steel, services, textiles, and consumer durables. In Russia, the 1C ERP is of the standard-level and known by almost all accountants in Russia. China adopted the model of self-developing their ERP Software, such as Yonyou and Kingdee, whereas SAP and Oracle hold nearly 40% of china’s ERP market share, which means local players dominate the market in China. The top ERPs used in Brazil are SAP, Totvs, and Oracle. A collaborative study published in Turkey post evaluation from a sample size of 64 ERP users from 31 companies stated that 55% used Global ERP systems, and 45% used Native ERP systems. Thus, with several companies implementing the use of ERP systems, the market for ERP softwares will witness continued growth in the coming years. Information technology (I.T.) infrastructure has been witnessing rapid growth since the mid-1980s in developed countries and has witnessed increasingly fast adoption in developing countries in the past two decades. The largest consumer base of internet users is highest in India & China, both classified as developing countries, with more than 1.6 billion users in these two countries. In 2021, China announced that it would be investing over USD 1.2 trillion in I.T. infrastructure over the coming years. India will spend over USD 9 billion in FY23. As per the European Commission, the Digital Europe Programme aims to invest Euro 1.38 billion in the coming years to advance its digital infrastructure. With almost all regions investing heavily in advancing their I.T. and allied industries, there would be significant increase in the requirement for ERP systems for data mining, product data management, and product life cycle management, thereby further cementing the growth of ERP softwares. Trends and Opportunities - Growing Number of Businesses, Cloud-Based ERP Despite the number of businesses that closed due to the pandemic, the number of businesses that started post-first covid wave nearly equalled each other. According to the U.S. Census Bureau, approximately 4.4 million business applications were received in 2020, with the number rising to 5.4 million in 2021. Europe registered over 100,000 new Enterprises between 2020 and 2021. China registered over 1.2 million new businesses in 2020. Australia saw over 350,000 business entries in FY21. Nearly 36,000 new businesses were incorporated in India in Q1 2021. Thus, with staggering growth in the number of newly registered Enterprises, the need for supplier relationship management and customer relationship management, among other ERP softwares, will grow alongside Enterprises. Any system that is cloud-based implies that the data generated is at one location and it is stored in a different location, usually on servers. Cloud storage offers individuals and companies a greater range of flexibility in carrying out their businesses, along with the additional safety features. Due to the pandemic, several ERP providers began offering more cloud-based solutions to the companies that required it. Amazon, Starbucks, and Toyota are among the most known companies to adapt the same. Hence, with more ERP product companies enabling cloud computing, the market for ERP softwares will grow massively in the up-coming years. SMR’s research reported that currently there are around 3.61 billion cloud users worldwide who uses cloud storage which is nearly 50% of the world’s population. Moreover, the research also stated that in USA nearly 69% of the users store their software data on cloud platforms. Restraints The major setback of deploying ERP softwares is the high initial capital expenditures followed by the requirement of highly technically sound employees to maintain the product. Market Analysis Of Different Segments Covered in the Report Based on Model of Deployment On-Premises Hybrid Cloud Based on Size of Enterprise Small Medium Large Based on Enterprise Function Customer Management Finance Human Resource (H.R.) Inventory Management Manufacturing Module Supply Chain Management Other functions Based on Industry Aero-space & Defence Banking, financial services, and insurance (BFSI) Construction Government & Utilities Healthcare IT & Telecom Manufacturing Retail & Distribution Other industries Regional Coverage Analysis Asia Pacific South Korea China Vietnam India Singapore Japan Australia & New Zealand Remaining Asia Pacific region Europe Germany France Italy The Netherlands Switzerland Spain United Kingdom Russia Turkey Norway Finland Rest of Europe North America USA Canada Mexico LAMEA Brazil Saudi Arab UAE South Africa Israel Remaining LAMEA region Segments Analysis & Insights The On-Site or On-Premises Mode of Deployment dominated the market with 70.12% share. The On-premises ERP software platforms provide a higher level of data security in any organization worldwide compared to other local software platforms. Moreover, in some emerging countries, a rise of awareness regarding the efficiency and benefits of using the on-premise ERP software platforms are facilitating its adoption rate extensively. By Enterprise size, the large business segment dominated the market with over 60% of the market share. With the continuous expansion of their production, financial, managerial, logistical, and employee divisions, there will be a necessary requirement by larger firms to maintain all these together in a safe, secure, and efficient system. According to a U.S. Census report, the total employment at larger Enterprises accounts for 48% of the employment in the country. Walmart’s revenues grew by 2.4% YOY in Q1 FY2023. Amazon’s revenue in North America rose by 8% YOY. CVS Health had an 8.71% increase in revenue between 2020 and 2021. Moreover, it’s expected that the Small and medium-sized Enterprises will drive the market growth of ERP software in future. According to the Office of the United States Trade Representative, there are approximately 30 million small and medium Enterprises that are responsible for approximately 67% of jobs in the private sector. Hence, with increasing revenues and overall growth rate of Enterprises, we would see the demand for ERP software escalate. By enterprise function, manufacturing alongside inventory management dominated the segment as it enables businesses to optimize their production function. Material resource planning is essential to the manufacturing sector, with ERP softwares enabling the same. U.S. manufacturing output increased by 5.8% in April 2022 compared to April 2021. As per a report published by the European Commission, there was an increase in industrial production by 2.3% in November 2021, as compared to the prior month. Asia’s manufacturing as a percentage of GDP increased by 2.2% in 2021, as compared to 2020. Thus, with the outlook for the manufacturing sector looking promising globally, the market for ERP softwares, especially in the manufacturing domain, would also grow in the years to come. By industry, the banking, financial services, and insurance (BFSI) sector dominated the market. ERP softwares assist the industry in the functions of financial accounting, management accounting, asset management, cash flow management, and investment management, among the others. According to a report published by the U.S. Federal Deposit Insurance Corporation (FDIC), the income of the banking industry grew by 89.7%, from USD 132 billion in 2020 to USD 279.1 billion in 2021. According to the European Banking Federation, the deposits in banks grew to Euro 17.7 million, an increase of 4.7%. With a sharp rise in online banking among consumers, the banks’ need for ERP softwares would further solidify. With a market share of more than 35% in 2021, North America dominated the industry. The significant market share of this region is primarily attributable to elements like the increasing adoption of ERP software by small and medium-sized businesses, the increasing investments made by ERP vendors in the creation of software using cutting-edge technologies, and the existence of numerous market players. The market is also predicted to rise throughout the forecast period due to increased accessibility to ERP functionalities through smartphone applications. As per a research survey performed by SMR, it was reported that in USA, around 26.1% of the total American employees use the ERP software facilities of their respective organizations. Moreover, it was also figured out that the success rate of ERP software implementation in USA was nearly 65.1% in 2021. Due to the thriving manufacturing industry and expanding small and medium-sized businesses, the Asia Pacific market is predicted to expand. To increase efficiency and performance, a significant number of businesses in the area have already used on-premises ERP solutions. Moreover, the market is likely to rise due to the rising number of start-ups and their increased desire for cloud-based solutions. Throughout the projected period, it is anticipated that increased demand for ERP software will result from government support for the deployment of I.T. infrastructure. ERP Software Market Report Coverage Report Attribute Details Period of Forecast 2021 - 2030 The market size value in 2021 USD 50.44billion The revenue forecast in 2030 USD 117.68 billion Growth rate CAGR of 9.87% The base year for estimation 2021 Historical data 2017 – 2020 Unit USD Billion, CAGR (2021 - 2030) Segmentation By Deployment Mode, Component, Size of Enterprise, Industry, and Territory. By Deployment Mode On-site, Cloud, and Hybrid By Component Software and Service. By Enterprise Size Small, Medium, and Large. By Industry Banking, Aero-space & Defense, financial services & insurance (BFSI), Construction, Government & Utilities, Healthcare, I.T. & Telecom, Manufacturing, Retail & Distribution, and Others. Region Asia Pacific, Europe, North America, and LAMEA Country Scope USA, China, Canada, India, Australia, Vietnam, Thailand, Germany, United Kingdom, South Africa, and Algeria. Company Usability Profiles Acumatica, Deltek, Epicor Software Corporation, Genius Solutions, Inc., Global Shop Solutions, Hewlett-Packard Development Company, L.P., IBM Corporation, IFS, AB., Infor Inc., IQMS, Microsoft Corporation, MIE Track Pro, NetSuite Inc., OpenPro, Oracle Corporation, Plex System, QAD Inc., Ramco System, Sage Group, plc, SAP SE, SYSPRO, TOTVS S.A., Unit4, and Workday, Inc. Global ERP Software Market Competitive Landscape Analysis Acumatica Deltek Epicor Software Corporation Genius Solutions, Inc. Global Shop Solutions Hewlett-Packard Development Company, L.P. IBM Corporation IFS, AB. Infor Inc. IQMS Microsoft Corporation MIE Track Pro NetSuite Inc. OpenPro Oracle Corporation Plex System QAD Inc. Ramco System Sage Group, plc SAP SE SYSPRO TOTVS S.A. Unit4 Workday, Inc. (U.S.) Products Developed by the ERP Software Companies: Name Feature Key Player Acumatica Intercompany Accounting Provides Account-based controls, asset transfers, account allocations, company bank accounts, cross-company sales, and restricted access. Acumatica Dynamics365 Project Operations Used for Time and expense management, profit maximization, enhanced project management, built-in KPIs, A.I. driven scheduling. Microsoft Corporation Fusion Cloud HCM Provides Core H.R., advanced HRM Controls, Journeys, H.R. Help Desk, Experience Design Studio, digital assistant, and human resource planning. Oracle Warehouse Management Service Provides Inventory visibility, mobile processing, automatic syncing NetSuite Inc Recent Developments On August 2022, Ramco Systems announced that it is planning to implement its highly developed and technologically advanced Logistics-ERP software as a result of which the overall stock price of the organization can increase by 1%. At Freight Specialists, a renowned Australia-based provider of freight and distribution services, this ERP software will automate all of its corporate functions and services adequately. In July 2022, Think Tribe Technologies developed a new ERP for food and Beverage organization. The company aims to aid F&B companies in optimizing their processes and improving profitability by maximizing sales and reducing costs. It can bring a significant change in the cycle of food-production by helping the users (resellers, manufacturers, and distributors) in maintaining a strict control over the various F&B recipes in order to ensure quality, traceability, and consistency. In July 2022, Alleaves received USD 40 million in series A funding. Alleaves is an ERP platform for businesses involved in the cannabis trade in the U.S. This funding will help in the expansion of different states in the U.S. alongside further development of their platform. On July 2022, IFS acquired Ultimo Software Solutions as a part of its expansion in the Enterprise asset management sector. The aim of the acquisition is to be a part of the strategy to expand into the midmarket segment of EAM softwares. IFS has a rich and lengthy history in asset management. It offers end-to-end industry-specific EAM software solutions to businesses with complicated requirements and wants to monitor the effectiveness of their assets from scratch (cradle to grave). In July 2022, BASSnet software was launched and implemented by a shipping company, Oldendorff Carriers. BASS software is a leading ERP solutions provider to maritime companies and helps maritime fleets achieve their targets with complete integration of planned maintenance along with real-time operations. Frequently Asked Question About This Report How big is the ERP software market? The global ERP software market size was $50.44 billion in 2021 and is expected to reach a value of $117.68 billion by 2030. What does an ERP system mean? ERP system or an Enterprise Resource Planning system is a technology used by individuals and businesses which enables them to plan and execute strategies for almost all domains such as finance, accounting, purchase orders, inventory management, human resource management, vendor management, and database management, among several other verticals. Moreover, the ERP systems consist of Enterprise appliance transaction modules (EATM), e-procurement, Data migration, infrastructure as a Service (IaaS), Platform as a Service (PaaS), software as a Service (SaaS), etc. Which end-users hold the largest market share? The BFSI sector holds the highest market share as an end-user. What is the ERP software market growth? The global ERP software market is expected to grow at a compound annual growth rate (CAGR) of 9.87% from 2021 to 2030 to reach USD 117.68 billion by 2030. Who are the main players in the ERP market? The main players in the market are Acumatica, Deltek, Epicor Software Corporation, Genius Solutions, Inc., Global Shop Solutions, Hewlett-Packard Development Company, L.P., IBM Corporation, IFS, AB., Infor Inc., IQMS, Microsoft Corporation, MIE Track Pro, NetSuite Inc., OpenPro, Oracle Corporation, Plex System, QAD Inc., Ramco System, Sage Group, plc, SAP SE, SYSPRO, TOTVS S.A., Unit4, and Workday, Inc. What percentage of companies use an ERP? Approximately 47% of all companies worldwide use an ERP application. Which segment accounted for the largest market share? The industry segment accounted for the largest market share. Sources https://www.ilo.org/infostories/en-GB/Stories/Employment/SMEs https://www.fdic.gov/news/press-releases/2021/pr21012.html https://data.oecd.org/entrepreneur/enterprises-by-business-size.htm https://corporate.walmart.com/newsroom/2022/05/17/walmart-releases-q1-fy23-earnings https://news.sap.com/2022/08/sap-procurement-solutions-hit-new-heights/ https://www.academia.edu/82512895/ERP_Related_Issues_and_Challenges_in_Turkey_An_Overview_from_ERP_Experts?f_ri=105507 https://ec.europa.eu/commission/presscorner/detail/en/ip_21_5863 https://www.fool.com/the-ascent/small-business/articles/new-business-applications-up-24-percent-amid-shaky-economy/ https://www.npr.org/2022/01/12/1072057249/new-business-applications-record-high-great-resignation-pandemic-entrepreneur 1. Introduction 1.1. Study Objective 1.2. Market Definition 1.3. Study Scope 1.3.1. Markets Covered 1.3.2. Geographic Scope 1.3.3. Years Considered 1.3.4. Stakeholders 2. Research Methodology 2.1. Data Procurement 2.2. Paid Database 2.2.1. Secondary Data 2.2.1.1. Key Secondary sources 2.2.2. Primary Data 2.2.2.1 Primary sources 2.2.2.2. Key industry insights 2.2.2.3. Primary interviews with experts 2.2.2.4. Key primary respondent list 2.3. Market Size Estimation 2.4. Bottom-Up and Top-Down Approaches 2.4.1. Bottom-Up Approach 2.4.1.1. Approach for arriving at market size by bottom-up analysis 2.4.2. Top-Down Approach 2.4.2.1. Approach for Capturing Market Size by Top-Down Analysis 2.5. Market Breakdown and Data Triangulation 2.6. Research Methodology 2.7. Risk Assessment 3. Executive Summary 3.1 ERP Software Market: Post-Covid-19 3.1.1 Actual Scenario 3.1.2 Pessimistic Scenario 3.1.3 Optimistic Scenario 3.1.4 Market Summary 4. Industry Outlook 4.1 Market Snapshot 4.2 ERP Software Market 4.2.1 market, 2021 – 2030 (USD Million) 4.3 Regional Business Analysis 4.3.1 market, by region, 2021 - 2030 (USD Million) 4.4 By Model of Deployment Business Analysis 4.4.1 market, By Model of Deployment, 2021 - 2030 (USD Million) 4.5 By Size of Enterprise Business Analysis 4.5.1 market, By Size of Enterprise, 2021 - 2030 (USD Million) 4.6 Enterprise Function Business Analysis 4.6.1 market, By Enterprise Function, 2021 - 2030 (USD Million) 4.7 Industry Business Analysis 4.7.1 market, By Industry, 2021 - 2030 (USD Million) 4.8 Value Chain Analysis 4.9 Market Variable Analysis 4.9.1 Market Drivers Analysis 4.9.2 Market Restraints Analysis 4.10 Business Environment Analysis Tool 4.10.1 market PEST analysis 4.10.2 market Porter’s analysis 4.11 Penetration & Growth Prospect Mapping 5. Market Dynamics 5.1. Introduction 5.2. Market Dynamics 5.2.1. Drivers 5.2.2. Restraints 5.2.3. Opportunities 5.2.4. Challenges 5.3. Impact of Covid-19 On Market 5.4. Value Chain Analysis 5.5. Ecosystem 5.6. Patent Analysis 5.7. Trade Analysis 5.8. Tariff Analysis 5.9. Case Study Analysis 5.10. Porter’s Five Forces Analysis 5.10.1 Threat of New Entrants 5.10.2 Threat of Substitutes 5.10.3 Bargaining Power of Buyers 5.10.4 Bargaining Power of Suppliers 5.10.5 Degree of Competition 5.11. Industry Analysis 5.11.1. Trends in Industry (2014-2020) 5.11.2. Trends in Industry (2021-2028) 5.12. Pricing Analysis 5.12.1. Average Price Trend Analysis (By Region, By Country) 6. Competitive & Vendor Landscape 6.1. Company Market Share Analysis 6.2. Manufacturers Manufacturing Sites, Area Served, Model of Deployment 6.3. Market Competitive Situation and Trends 6.4. Manufacturers Mergers & Acquisitions, Expansion Plans 7. Market: By Model of Deployment Segment Analysis 7.1. Introduction 7.2. Sales Volume & Revenue Analysis (2021-2030) 7.3. On-Premises 7.3.1. On-Premises market, 2021 - 2030 (USD Million) 7.4. Hybrid 7.4.1. Hybrid market, 2021 - 2030 (USD Million) 7.5. Cloud 7.5.1. Cloud Market, 2021 - 2030 (USD Million) 8. Market: By Size of Enterprise Segment Analysis 8.1. Introduction 8.2. Sales Volume & Revenue Analysis (2021-2030) 8.3. Small 8.3.1. Small Market, 2021 - 2030 (USD Million) 8.4. MEDIUM 8.4.1. MEDIUM market, 2021 - 2030 (USD Million) 8.5. LARGE 8.5.1. LARGE market, 2021 - 2030 (USD Million) 9. Market: By Enterprise Function Segment Analysis 9.1. Introduction 9.2. Sales Volume & Revenue Analysis (2021-2030) 9.3. Customer Management 9.3.1. Customer Management market, 2021 - 2030 (USD Million) 9.4. Finance 9.4.1. Finance market, 2021 - 2030 (USD Million) 9.5. Human Resource (H.R.) 9.5.1. Human Resource (H.R.) market, 2021 - 2030 (USD Million) 9.6. Inventory Management 9.6.1. Inventory Management market, 2021 - 2030 (USD Million) 9.7. Manufacturing Module 9.7.1. Manufacturing Module market, 2021 - 2030 (USD Million) 9.8. Supply Chain Management 9.8.1. Supply Chain Management market, 2021 - 2030 (USD Million) 9.9. Other functions 9.9.1. Other functions market, 2021 - 2030 (USD Million) 10. Market: By Industry Segment Analysis 10.1. Introduction 10.2. Sales Volume & Revenue Analysis (2021-2030) 10.3. Aerospace & Defence 10.3.1. Aerospace & Defence market, 2021 - 2030 (USD Million) 10.4. Banking, financial services, and insurance (BFSI) 10.4.1. Banking, financial services, and insurance (BFSI) market, 2021 - 2030 (USD Million) 10.5. Construction 10.5.1. Construction Market, 2021 - 2030 (USD Million) 10.6. Government & Utilities 10.6.1. Government & Utilities Market, 2021 - 2030 (USD Million) 10.7. Healthcare 10.7.1. Healthcare Market, 2021 - 2030 (USD Million) 10.8. IT & Telecom 10.8.1. IT & Telecom Market, 2021 - 2030 (USD Million) 10.9. Manufacturing 10.9.1. Manufacturing Market, 2021 - 2030 (USD Million) 10.10. Retail & Distribution 1010.1. Retail & Distribution Market, 2021 - 2030 (USD Million) 10.11. Other industries 10.11.1. Other industries Market, 2021 - 2030 (USD Million) 11. Market: Regional Outlook 11.1 North America 11.1.1. North America market, By Model of Deployment, 2021 - 2030 (USD Million) 11.1.2. North America market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.1.3. North America market, by Industry, 2021 - 2030 (USD Million) 11.1.4. North America market, by Country, 2021 - 2030 (USD Million) 11.1.5. North America market, By Type, 2021 - 2030 (USD Million) 11.1.4.1. U.S. 11.1.4.1.1. U.S. market, By Model of Deployment, 2021 - 2030 (USD Million) 11.1.4.1.2. U.S. market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.1.4.1.3. U.S. market, by Industry, 2021 - 2030 (USD Million) 11.1.4.2. Canada 11.1.4.2.1. Canada market, By Model of Deployment, 2021 - 2030 (USD Million) 11.1.4.2.2. Canada market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.1.4.2.3. Canada market, by Industry, 2021 - 2030 (USD Million) 11.2. Europe 11.2.1. Europe market, By Model of Deployment, 2021 - 2030 (USD Million) 11.2.2. Europe market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.2.3. Europe market, by Industry, 2021 - 2030 (USD Million) 11.2.4. Europe market, by country, 2021 - 2030 (USD Million) 11.2.5. Europe market, By Type, 2021 - 2030 (USD Million) 11.2.4.1 U.K. 11.2.4.1.1. U.K. market, By Model of Deployment, 2021 - 2030 (USD Million) 11.2.4.1.2. U.K. market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.2.4.1.3. U.K. market, by Industry, 2021 - 2030 (USD Million) 11.2.4.2. Germany 11.2.4.2.1. Germany market, By Model of Deployment, 2021 - 2030 (USD Million) 11.2.4.2.2. Germany market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.2.4.2.3. Germany market, by Industry, 2021 - 2030 (USD Million) 11.2.4.3. France 11.2.4.3.1. France market, By Model of Deployment, 2021 - 2030 (USD Million) 11.2.4.3.2. France market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.2.4.3.3. France market, by Industry, 2021 - 2030 (USD Million) 11.2.4.4. Rest of Europe 11.2.4.4.1. Rest of Europe market, By Model of Deployment, 2021 - 2030 (USD Million) 11.2.4.4.2. Rest of Europe market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.2.4.4.3. Rest of Europe market, by Industry, 2021 - 2030 (USD Million) 11.3. Asia Pacific 11.3.1. Asia Pacific market, By Model of Deployment, 2021 - 2030 (USD Million) 11.3.2. Asia Pacific market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.3.3. Asia Pacific market, by Industry, 2021 - 2030 (USD Million) 11.3.4. Asia Pacific market, by country, 2021 - 2030 (USD Million) 11.3.5. Asia Pacific market, By Type, 2021 - 2030 (USD Million) 11.3.4.1. China 11.3.4.1.1. China market, By Model of Deployment, 2021 - 2030 (USD Million) 11.3.4.1.2. China market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.3.4.1.3. China market, by Industry, 2021 - 2030 (USD Million) 11.3.4.2. India 11.3.4.2.1. India market, By Model of Deployment, 2021 - 2030 (USD Million) 11.3.4.2.2. India market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.3.4.2.3. India market, by Industry, 2021 - 2030 (USD Million) 11.3.4.3. Japan 11.3.4.3.1. Japan market, By Model of Deployment, 2021 - 2030 (USD Million) 11.3.4.3.2. Japan market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.3.4.3.3. Japan market, by Industry, 2021 - 2030 (USD Million) 11.3.4.4. South Korea 11.3.4.4.1. South Korea market, By Model of Deployment, 2021 - 2030 (USD Million) 11.3.4.4.2. South Korea market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.3.4.4.3. South Korea market, by Industry, 2021 - 2030 (USD Million) 11.3.4.5. Rest of ASIA PACIFIC 11.3.4.5.1. Rest of ASIA PACIFIC market, By Model of Deployment, 2021 - 2030 (USD Million) 11.3.4.5.2. Rest of ASIA PACIFIC market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.3.4.5.3. Rest of ASIA PACIFIC market, by Industry, 2021 - 2030 (USD Million) 11.4. Latin America 11.4.1. Latin America market, By Model of Deployment, 2021 - 2030 (USD Million) 11.4.2. Latin America market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.4.3. Latin America market, by Industry, 2021 - 2030 (USD Million) 11.4.4. Latin America market, by country, 2021 - 2030 (USD Million) 11.4.5. Latin America market, By Type, 2021 - 2030 (USD Million) 11.4.4.1. Brazil 11.4.4.1.1. Brazil market, By Model of Deployment, 2021 - 2030 (USD Million) 11.4.4.1.2. Brazil market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.4.4.1.3. Brazil market, by Industry, 2021 - 2030 (USD Million) 11.4.4.2. Mexico 11.4.4.2.1. Mexico market, By Model of Deployment, 2021 - 2030 (USD Million) 11.4.4.2.2. Mexico market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.4.4.2.3. Mexico market, by Industry, 2021 - 2030 (USD Million) 11.4.4.3. Rest of Latin America 11.4.4.3.1. Rest of the Latin America market, By Model of Deployment, 2021 - 2030 (USD Million) 11.4.4.3.2. Rest of the Latin America market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.4.4.3.3. Rest of the Latin America market, by Industry, 2021 - 2030 (USD Million) 11.5. MEA 11.5.1. MEA market, By Model of Deployment, 2021 - 2030 (USD Million) 11.5.2. MEA market, By Size of Enterprise, 2021 - 2030 (USD Million) 11.5.3. MEA market, by Industry, 2021 - 2030 (USD Million) 11.5.4. MEA market, by region, 2021 - 2030 (USD Million) 11.5.5. MEA market, By Type, 2021 - 2030 (USD Million) 12. Competitive Landscape 12.1 ACUMATICA 12.1.1. Company overview 12.1.2. Financial performance 12.1.3. Solutions Portfolio Analysis 12.1.4. Business Strategy & Recent Development 12.2. Deltek 12.2.1. Company overview 12.2.2. Financial performance 12.2.3. Solutions Portfolio Analysis 12.2.4. Business Strategy & Recent Development 12.3. Epicor Software Corporation 12.3.1. Company overview 12.3.2. Financial performance 12.3.3. Solutions Portfolio Analysis 12.3.4. Business Strategy & Recent Development 12.4. GENIUS SOLUTIONS, INC. 12.4.1. Company overview 12.4.2. Financial performance 12.4.3. Solutions Portfolio Analysis 12.4.4. Business Strategy & Recent Development 12.5. Global Shop Solutions 12.5.1. Company overview 12.5.2. Financial performance 12.5.3. Solutions Portfolio Analysis 12.5.4. Business Strategy & Recent Development 12.6. Hewlett-Packard Development Company, L.P. 12.6.1. Company overview 12.6.2. Financial performance 12.6.3. Solutions Portfolio Analysis 12.6.4. Business Strategy & Recent Development 12.7. IBM CORPORATION 12.7.1. Company overview 12.7.2. Financial performance 12.7.3. Solutions Portfolio Analysis 12.7.4. Business Strategy & Recent Development 12.8. IFS, AB. 12.8.1. Company overview 12.8.2. Financial performance 12.8.3. Solutions Portfolio Analysis 12.8.4. Business Strategy & Recent Development 12.9. IFS, AB. 12.9.1. Company overview 12.9.2. Financial performance 12.9.3. Solutions Portfolio Analysis 12.9.4. Business Strategy & Recent Development 12.10. Infor Inc. 12.10.1. Company overview 12.10.2. Financial performance 12.10.3. Solutions Portfolio Analysis 12.10.4. Business Strategy & Recent Development 12.11. IQMS 12.11.1. Company overview 12.11.2. Financial performance 12.11.3. Solutions Portfolio Analysis 12.11.4. Business Strategy & Recent Development 12.12. Microsoft Corporation 12.12.1. Company overview 12.12.2. Financial performance 12.12.3. Solutions Portfolio Analysis 12.12.4. Business Strategy & Recent Development 12.13. MIE Track Pro 12.13.1. Company overview 12.13.2. Financial performance 12.13.3. Solutions Portfolio Analysis 12.13.4. Business Strategy & Recent Development 12.14. NETSUITE INC. 12.14.1. Company overview 12.14.2. Financial performance 12.14.3. Solutions Portfolio Analysis 12.14.4. Business Strategy & Recent Development 12.15. OpenPro 12.15.1. Company overview 12.15.2. Financial performance 12.15.3. Solutions Portfolio Analysis 12.15.4. Business Strategy & Recent Development 12.16. Oracle Corporation 12.16.1. Company overview 12.16.2. Financial performance 12.16.3. Solutions Portfolio Analysis 12.16.4. Business Strategy & Recent Development 12.17. Plex System 12.17.1. Company overview 12.17.2. Financial performance 12.17.3. Solutions Portfolio Analysis 12.17.4. Business Strategy & Recent Development 12.18. QAD Inc. 12.18.1. Company overview 12.18.2. Financial performance 12.18.3. Solutions Portfolio Analysis 12.18.4. Business Strategy & Recent Development 12.19. Ramco System 12.19.1. Company overview 12.19.2. Financial performance 12.19.3. Solutions Portfolio Analysis 12.19.4. Business Strategy & Recent Development 12.20. Sage Group, plc 12.20.1. Company overview 12.20.2. Financial performance 12.20.3. Solutions Portfolio Analysis 12.20.4. Business Strategy & Recent Development 12.21. SAP SE 12.21.1. Company overview 12.21.2. Financial performance 12.21.3. Solutions Portfolio Analysis 12.21.4. Business Strategy & Recent Development 12.22. SYSPRO 12.22.1. Company overview 12.22.2. Financial performance 12.22.3. Solutions Portfolio Analysis 12.22.4. Business Strategy & Recent Development 12.23. TOTVS S.A. 12.23.1. Company overview 12.23.2. Financial performance 12.23.3. Solutions Portfolio Analysis 12.23.4. Business Strategy & Recent Development 12.24. Unit4 12.24.1. Company overview 12.24.2. Financial performance 12.24.3. Solutions Portfolio Analysis 12.24.4. Business Strategy & Recent Development 12.25. Workday, Inc. (U.S.) 12.25.1. Company overview 12.25.2. Financial performance 12.25.3. Solutions Portfolio Analysis 12.25.4. Business Strategy & Recent Development List of Tables (93 Tables) TABLE 1. MARKET, By Model of Deployment, 2021-2030 (USD Million) TABLE 2. MARKET FOR On-Premises, BY REGION, 2021-2030 (USD Million) TABLE 3. MARKET FOR Hybrid, BY REGION, 2021-2030 (USD Million) TABLE 4. MARKET FOR Cloud, BY REGION, 2021-2030 (USD Million) TABLE 5. MARKET, By Size of Enterprise, 2021-2030 (USD Million) TABLE 6. MARKET FOR Small, BY REGION, 2021-2030 (USD Million) TABLE 7. MARKET FOR MEDIUM, BY REGION, 2021-2030 (USD Million) TABLE 8. MARKET FOR LARGE, BY REGION, 2021-2030 (USD Million) TABLE 9. MARKET, BY INDUSTRY, 2021-2030 (USD Million) TABLE 10. MARKET FOR Aerospace & Defence, BY REGION, 2021-2030 (USD Million) TABLE 11. MARKET FOR Banking, financial services, and insurance (BFSI), BY REGION, 2021-2030 (USD Million) TABLE 12. MARKET FOR Construction, BY REGION, 2021-2030 (USD Million) TABLE13 MARKET FOR Government & Utilities, BY REGION, 2021-2030 (USD Million) TABLE14. MARKET FOR Healthcare, BY REGION, 2021-2030 (USD Million) TABLE15. MARKET FOR IT & Telecom, BY REGION, 2021-2030 (USD Million) TABLE16. MARKET FOR Manufacturing, BY REGION, 2021-2030 (USD Million) TABLE17. MARKET FOR Retail & Distribution, BY REGION, 2021-2030 (USD Million) TABLE18. MARKET FOR Other industries, BY REGION, 2021-2030 (USD Million) TABLE 19. MARKET, By Enterprise Function, 2021-2030 (USD Million) TABLE 20. MARKET FOR Customer Management, BY REGION, 2021-2030 (USD Million) TABLE 21. MARKET FOR Finance, BY REGION, 2021-2030 (USD Million) TABLE 22. MARKET FOR Human Resource (H.R.), BY REGION, 2021-2030 (USD Million) TABLE 23. MARKET FOR Inventory Management, BY REGION, 2021-2030 (USD Million) TABLE 24. MARKET FOR Manufacturing Module, BY REGION, 2021-2030 (USD Million) TABLE 25. MARKET FOR Supply Chain Management, BY REGION, 2021-2030 (USD Million) TABLE 26. MARKET FOR Other functions, BY REGION, 2021-2030 (USD Million) TABLE 27. MARKET, BY REGION, 2021-2030 (USD Million) TABLE 28. NORTH AMERICA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 29. NORTH AMERICA MARKET, By Model of Deployment, 2021-2030 (USD Million) TABLE 30. NORTH AMERICA MARKET, By Size of Enterprise, 2021-2030 (USD Million) TABLE 31. NORTH AMERICA MARKET, BY INDUSTRY, 2021-2030 (USD Million) TABLE 32. EUROPE MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 33. EUROPE MARKET, By Model of Deployment, 2021-2030 (USD Million) TABLE 34. EUROPE MARKET, By Size of Enterprise, 2021-2030 (USD Million) TABLE 35. EUROPE MARKET, BY INDUSTRY, 2021-2030 (USD Million) TABLE 36. ASIA-PACIFIC MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 37. ASIA-PACIFIC MARKET, By Model of Deployment, 2021-2030 (USD Million) TABLE 38. ASIA-PACIFIC MARKET, By Size of Enterprise, 2021-2030 (USD Million) TABLE 39. ASIA-PACIFIC MARKET, BY INDUSTRY, 2021-2030 (USD Million) TABLE 40. LAMEA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 41. LAMEA MARKET, By Model of Deployment, 2021-2030 (USD Million) TABLE 42. LAMEA MARKET, By Enterprise Function, 2021-2030 (USD Million) TABLE 43. LAMEA MARKET, BY INDUSTRY, 2021-2030 (USD Million) TABLE 44. ACUMATICA: COMPANY SNAPSHOT TABLE 45. ACUMATICA: OPERATING SEGMENTS TABLE 46. Deltek: COMPANY SNAPSHOT TABLE 47. Deltek: OPERATING SEGMENTS TABLE 48. Epicor Software Corporation: COMPANY SNAPSHOT TABLE 49. Epicor Software Corporation: OPERATING SEGMENTS TABLE 50. GENIUS SOLUTIONS, INC.: COMPANY SNAPSHOT TABLE 51. GENIUS SOLUTIONS, INC.: OPERATING SEGMENTS TABLE 52. Global Shop Solutions: COMPANY SNAPSHOT TABLE 53. Global Shop Solutions: OPERATING SEGMENTS TABLE 54. Hewlett-Packard Development Company, L.P.: COMPANY SNAPSHOT TABLE 55. Hewlett-Packard Development Company, L.P.: OPERATING SEGMENTS TABLE 56. IBM CORPORATION: COMPANY SNAPSHOT TABLE 57. IBM CORPORATION: OPERATING SEGMENTS TABLE 58. IFS, AB.: COMPANY SNAPSHOT TABLE 59. IFS, AB.: OPERATING SEGMENTS TABLE 60. IFS, AB.: COMPANY SNAPSHOT TABLE 61. IFS, AB.: OPERATING SEGMENTS TABLE 62. Infor Inc.: COMPANY SNAPSHOT TABLE 63. Infor Inc.: OPERATING SEGMENTS TABLE 64. IQMS: COMPANY SNAPSHOT TABLE 65. IQMS: OPERATING SEGMENTS TABLE 66. Microsoft Corporation: COMPANY SNAPSHOT TABLE 67. Microsoft Corporation: OPERATING SEGMENTS TABLE 68. MIE Track Pro: COMPANY SNAPSHOT TABLE 69. MIE Track Pro: OPERATING SEGMENTS TABLE 70. NETSUITE INC.: COMPANY SNAPSHOT TABLE 71. NETSUITE INC.: OPERATING SEGMENTS TABLE 72. OpenPro: COMPANY SNAPSHOT TABLE 73. OpenPro: OPERATING SEGMENTS TABLE 74. Oracle Corporation: COMPANY SNAPSHOT TABLE 75. Oracle Corporation: OPERATING SEGMENTS TABLE 76. Plex System: COMPANY SNAPSHOT TABLE 77. Plex System: OPERATING SEGMENTS TABLE 78. QAD Inc.: COMPANY SNAPSHOT TABLE 79. QAD Inc.: OPERATING SEGMENTS TABLE 80. Ramco System: COMPANY SNAPSHOT TABLE 81. Ramco System: OPERATING SEGMENTS TABLE 82. Sage Group, plc: COMPANY SNAPSHOT TABLE 83. Sage Group, plc: OPERATING SEGMENTS TABLE 84. SAP SE: COMPANY SNAPSHOT TABLE 85. SAP SE: OPERATING SEGMENTS TABLE 86. SYSPRO: COMPANY SNAPSHOT TABLE 87. SYSPRO: OPERATING SEGMENTS TABLE 88. TOTVS S.A.: COMPANY SNAPSHOT TABLE 89. TOTVS S.A.: OPERATING SEGMENTS TABLE 90. Unit4: COMPANY SNAPSHOT TABLE 91. Unit4: OPERATING SEGMENTS TABLE 92. Workday, Inc. (U.S.): COMPANY SNAPSHOT TABLE 93. Workday, Inc. (U.S.): OPERATING SEGMENTS List of Figures (24 Figures) Figure 1 Market: Research Methodology Steps Figure 2 Research Design Figure 3 Breakdown of Primaries: Market Figure 4 Research Methodology: Hypothesis Building Figure 5 Market: Model of Deployment-Based Estimation Figure 6 Top 24 Companies with Highest No. Of Patent in Last 9 Years Figure 7 No. Of Patents Granted Per Year, 2019–2020 Figure 8 Import Data for ERP Software, By Country, 2016–2020 (USD Thousand) Figure 9 Export Data for ERP Software, By Country, 2016–2020 (USD Thousand) Figure 10 Data Triangulation Methodology Figure 11 Market, By Size of Enterprise, 2019 vs. 2025 (USD Million) Figure 12 Market Share, By Industry, 2019 vs. 2025 (USD Million) Figure 13 Market Share, By Model of Deployment, 2019 vs. 2025 (USD Million) Figure 14 Market Share, By Enterprise Function, 2019 vs. 2025 (USD Million) Figure 15 Geographical Snapshot of the Market Figure 16 Banking, financial services, and insurance (BFSI) to Witness Higher CAGR in the Market for Industry Segment during the Forecast Period. Figure 17 Inventory Management of Enterprise and pharmaceutical to Witness Higher CAGR in Market for Enterprise Function Driving during Forecast Period. Figure 18 Large to Witness Higher CAGR in Market for Size of Enterprise Driving during Forecast Period. Figure 19 On-Premises to Witness Higher CAGR in Market for Model of Deployment Driving during Forecast Period. Figure 20 North America Accounted for the Largest Share of the Market, By Regional Basis, in 2019 Figure 21 Market: Drivers, Restraints, Opportunities, and Challenges Figure 22 North America: Market Snapshot Figure 23 Asia Pacific: Market Snapshot Figure 24 Vendor Dive: Evaluation Overview