Global ERP Software Market Research Report— Forecast till 2026

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The global ERP Software Market is expected to register a CAGR of 8.2% to reach USD 66,389.7 million during the review period.

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Global ERP Software Market Research Report— Forecast till 2026

Market Overview
The global ERP Software Market is expected to register a CAGR of 8.2% to reach USD 66,389.7 million during the review period. The Enterprise resource management software is used to improve business performance and to detect and remove issues such as unnecessary assets. The global ERP software market is attributed to the adoption of advanced technologies such as IoT, AI, and Big Data Analytics. However, the effect of the COVID-19 pandemic is expected to impact positively on the Global ERP Software Market during the forecast period.
The global ERP Software Market Research is anticipated to exhibit notable market growth during the forecast period owing to the rising adoption of cloud & mobile applications. The global market growth is driven by the rising use of ERPs, in small and medium-sized enterprises to attain increased collaboration, simplified compliance, productivity, and risk management. Furthermore, the various advantages of integrating ERP software with wearable technology, such as information transfer in real-time, minimized errors, real-time access to data, and faster decision-making are set to create various lucrative opportunities for market development. However, the global market growth is expected to hider due to the rising cost and requirement of a long time for the implementation process.
Market Segmentation
The global ERP software market has been categorized by deployment, function, vertical, organization size.
In terms of deployment type, the global ERP software market has been bifurcated into on-premises and cloud. Based on function, the global market has been divided into the supply chain and product management, sales & marketing, accounting & finance, and human resource.
The organization size segment classifies the global ERP software market into large enterprises and small & medium enterprises. In terms of vertical, the global market has been segmented into manufacturing, retail, BFSI, IT & telecom, aerospace & defense, education, and others.
Regional Analysis
Geographically, the global ERP software market has been categorized into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
North America is likely to the global market owing to the largest share of 33.4% in 2019, with a market valuation of USD 12.754.2 million. The region is expected to register a CAGR of 7.6% during the review period owing to the rise in the adoption of ERP software to improve transparency and operational efficiency. Moreover, the increasing demand for data-driven decision-making and the growing adoption of a cloud-based deployment model is expected to propel market growth.
Europe is expected to register the second-largest market of global ERP Software Market owing to the rising adoption of ERP by midsize and businesses. The market is expected to reach USD 10.734.1 million to witness a CAGR of 28.1%.
Key Players
The major market players of the global ERP Software market Research report include Microsoft Corporation, IBM Corporation, Epicor Software Corporation, Oracle Corporation, SAP SE, Yonyou, Infor, Sage Software plc, Plex Systems Inc., NetSuite Inc, Intuit Inc, TOTVS, Unit4, Workday Inc, and Kingdee International Software Group (HK) Ltd.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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Table of Contents

TABLE OF CONTENT 1 EXECUTIVE SUMMARY 2 MARKET INTRODUCTION 2.1 DEFINITION 19 2.2 SCOPE OF THE STUDY 19 2.3 RESEARCH OBJECTIVE 19 2.4 MARKET STRUCTURE 20 3 RESEARCH METHODOLOGY 4 MARKET DYNAMICS 4.1 INTRODUCTION 28 4.2 DRIVERS 29 4.2.1 INCREASE IN THE ADOPTION OF ERP SOFTWARE TO BOOST TRANSPARENCY AND OPERATIONAL EFFICIENCY 29 4.2.2 SURGING DEMAND FOR DATA-DRIVEN DECISION-MAKING 29 4.2.3 GROWING ADOPTION OF CLOUD-BASED DEPLOYMENT MODEL 29 4.3 RESTRAINT 30 4.3.1 HIGH COST OF IMPLEMENTING ERP SOFTWARE 30 4.4 OPPORTUNITY 30 4.4.1 RAPID TECHNOLOGICAL ADVANCEMENTS 30 4.4.2 EASY TO USE SOFTWARE APPLICATION 30 4.5 CHALLENGE 30 4.5.1 INTEGRATION WITH EXISTING IT INFRASTRUCTURE 30 4.5.2 TRAINING EMPLOYEES IN AN ORGANIZATION 31 4.6 IMPACT OF COVID-19 31 4.6.1 ENABLED OPERATING REMOTELY WITH ENHANCED EFFICIENCY 31 4.6.2 SURGE IN ADOPTION OF DIGITAL PLATFORM 31 5 MARKET FACTOR ANALYSIS 5.1 VALUE CHAIN ANALYSIS 32 5.1.1 ERP SOFTWARE PROVIDERS 32 5.1.2 SYSTEM INTEGRATORS 32 5.1.3 END USERS 32 5.2 PORTER’S FIVE FORCES MODEL 33 5.2.1 THREAT OF NEW ENTRANTS 33 5.2.2 BARGAINING POWER OF SUPPLIERS 33 5.2.3 THREAT OF SUBSTITUTES 34 5.2.4 BARGAINING POWER OF BUYERS 34 5.2.5 INTENSITY OF RIVALRY 34 6 GLOBAL ERP SOFTWARE MARKET, BY DEPLOYMENT 6.1 OVERVIEW 35 6.2 ON-PREMISES 35 6.3 CLOUD 35 7 GLOBAL ERP SOFTWARE MARKET, BY FUNCTION 7.1 OVERVIEW 37 7.1 SUPPLY CHAIN AND PRODUCT MANAGEMENT 37 7.2 SALES AND MARKETING 37 7.3 ACCOUNTING AND FINANCE 37 7.4 HUMAN RESOURCE 38 8 GLOBAL ERP SOFTWARE MARKET, BY VERTICAL 8.1 OVERVIEW 40 8.2 MANUFACTURING 40 8.3 RETAIL 40 8.4 BFSI 40 8.5 IT & TELECOM 40 8.6 AEROSPACE & DEFENSE 41 8.7 EDUCATION 41 8.8 OTHERS 41 9 GLOBAL ERP SOFTWARE MARKET, BY ORGANIZATION SIZE 9.1 OVERVIEW 43 9.2 SMALL AND MEDIUM ENTERPRISES 43 9.3 LARGE ENTERPRISESS 43 10 GLOBAL ERP SOFTWARE MARKET, BY REGION 10.1 OVERVIEW 45 10.2 NORTH AMERICA 47 10.2.1 NORTH AMERICA ERP SOFTWARE MARKET, BY COUNTRY, 2018–2026 (USD MILLION) 48 10.2.2 NORTH AMERICA ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 49 10.2.3 NORTH AMERICA ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 50 10.2.4 NORTH AMERICA ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 51 10.2.5 NORTH AMERICA ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 52 10.2.6 US 52 10.2.6.1 US ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 52 10.2.6.2 US ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 53 10.2.6.3 US ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 53 10.2.7 CANADA 54 10.2.7.1 CANADA ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 54 10.2.7.2 CANADA ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 55 10.2.7.3 CANADA ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 55 10.2.7.4 CANADA ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 56 10.2.8 MEXICO 56 10.2.8.1 MEXICO ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 56 10.2.8.2 MEXICO ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 57 10.2.8.3 MEXICO ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 57 10.3 EUROPE 59 10.3.1 EUROPE ERP SOFTWARE MARKET, BY COUNTRY, 2018–2026 (USD MILLION) 60 10.3.2 EUROPE ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 61 10.3.3 EUROPE ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 62 10.3.4 EUROPE ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 63 10.3.5 EUROPE ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 64 10.3.6 GERMANY 64 10.3.6.1 GERMANY ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 64 10.3.6.2 GERMANY ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 65 10.3.6.3 GERMANY ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 65 10.3.6.4 GERMANY ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 66 10.3.7 UK 66 10.3.7.1 UK ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 66 10.3.7.2 UK ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 67 10.3.7.3 UK ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 67 10.3.7.4 UK ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 68 10.3.8 FRANCE 68 10.3.8.1 FRANCE ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 68 10.3.8.2 FRANCE ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 69 10.3.8.3 FRANCE ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 69 10.3.8.4 FRANCE ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 70 10.3.9 ITALY 70 10.3.9.1 ITALY ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 70 10.3.9.2 ITALY ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 71 10.3.9.3 ITALY ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 71 10.3.9.4 ITALY ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 72 10.3.10 SPAIN 72 10.3.10.1 SPAIN ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 72 10.3.10.2 SPAIN ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 73 10.3.10.3 SPAIN ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 73 10.3.10.4 SPAIN ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 74 10.3.11 REST OF EUROPE 74 10.3.11.1 REST OF EUROPE ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 74 10.3.11.2 REST OF EUROPE ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 75 10.3.11.3 REST OF EUROPE ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 75 10.3.11.4 REST OF EUROPE ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 76 10.4 ASIA-PACIFIC 77 10.4.1 ASIA-PACIFIC ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 78 10.4.2 ASIA-PACIFIC ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 79 10.4.3 ASIA-PACIFIC ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 80 10.4.4 ASIA-PACIFIC ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 81 10.4.5 CHINA 82 10.4.5.1 CHINA ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 82 10.4.5.2 CHINA ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 82 10.4.6 CHINA ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 83 10.4.7 CHINA ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 83 10.4.8 INDIA 84 10.4.8.1 INDIA ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 84 10.4.8.2 INDIA ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 84 10.4.9 INDIA ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 85 10.4.10 INDIA ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 85 10.4.11 JAPAN 86 10.4.11.1 JAPAN ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 86 10.4.11.2 JAPAN ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 86 10.4.12 JAPAN ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 87 10.4.13 JAPAN ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 87 10.4.14 REST OF ASIA-PACIFIC 88 10.4.14.1 REST OF ASIA-PACIFIC ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 88 10.4.14.2 REST OF ASIA-PACIFIC ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 88 10.4.15 REST OF ASIA-PACIFIC ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 89 10.4.16 REST OF ASIA-PACIFIC ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 89 10.5 MIDDLE EAST & AFRICA 90 10.5.1 MIDDLE EAST & AFRICA ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 90 10.5.2 MIDDLE EAST & AFRICA ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 91 10.5.3 MIDDLE EAST & AFRICA ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 92 10.5.4 MIDDLE EAST & AFRICA ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 93 10.6 SOUTH AMERICA 94 10.6.1 SOUTH AMERICA ERP SOFTWARE MARKET, BY DEPLOYMENT, 2018–2026 (USD MILLION) 94 10.6.2 SOUTH AMERICA ERP SOFTWARE MARKET, BY FUNCTION, 2018–2026 (USD MILLION) 95 10.6.3 SOUTH AMERICA ERP SOFTWARE MARKET, BY VERTICAL, 2018–2026 (USD MILLION) 96 10.6.4 SOUTH AMERICA ERP SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2026 (USD MILLION) 97 11 COMPETITVE LANDSCAPE 11.1 COMPETITIVE BENCHMARKING 99 11.2 VENDOR SHARE ANALYSIS 100 11.3 RECENT DEVELOPMENTS 100 11.3.1 PRODUCT DEVELOPMENT 100 11.3.2 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 100 12 COMPANY PROFILE 12.1 MICROSOFT 102 12.1.1 COMPANY OVERVIEW 102 12.1.2 FINANCIAL OVERVIEW 103 12.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 103 12.1.4 KEY DEVELOPMENTS 104 12.1.5 SWOT ANALYSIS 104 12.1.6 KEY STRATEGIES 104 12.2 IBM CORPORATION 105 12.2.1 COMPANY OVERVIEW 105 12.2.2 FINANCIAL OVERVIEW 106 12.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 106 12.2.4 KEY DEVELOPMENTS 107 12.2.5 SWOT ANALYSIS 107 12.2.6 KEY STRATEGIES 107 12.3 ORACLE 108 12.3.1 COMPANY OVERVIEW 108 12.3.2 FINANCIAL OVERVIEW 109 12.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 109 12.3.4 KEY DEVELOPMENTS 110 12.3.5 SWOT ANALYSIS 110 12.3.6 KEY STRATEGIES 111 12.4 SAP SE 112 12.4.1 COMPANY OVERVIEW 112 12.4.2 FINANCIAL OVERVIEW 112 12.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 113 12.4.4 KEY DEVELOPMENTS 113 12.4.5 SWOT ANALYSIS 114 12.4.6 KEY STRATEGIES 114 12.5 INFOR 115 12.5.1 COMPANY OVERVIEW 115 12.5.2 FINANCIAL OVERVIEW 115 12.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 116 12.5.4 KEY DEVELOPMENTS 116 12.5.5 SWOT ANALYSIS 117 12.5.6 KEY STRATEGIES 117 12.6 SAGE GROUP PLC 118 12.6.1 COMPANY OVERVIEW 118 12.6.2 FINANCIAL OVERVIEW 119 12.6.3 PRODUCTS OFFERED 119 12.6.4 KEY DEVELOPMENTS 120 12.6.5 SWOT ANALYSIS 120 12.6.6 KEY STRATEGIES 120 12.7 EPICOR SOFTWARE CORPORATION 121 12.7.1 COMPANY OVERVIEW 121 12.7.2 PRODUCTS OFFERED 121 12.7.3 KEY DEVELOPMENTS 121 12.7.4 KEY STRATEGIES 121 12.8 PLEX SYSTEMS 122 12.8.1 COMPANY OVERVIEW 122 12.8.2 FINANCIAL OVERVIEW 122 12.8.3 PRODUCTS OFFERED 122 12.8.4 KEY DEVELOPMENTS 122 12.8.5 KEY STRATEGIES 122 12.9 NETSUITE, INC. 123 12.9.1 COMPANY OVERVIEW 123 12.9.2 FINANCIAL OVERVIEW 123 12.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 124 12.9.4 KEY DEVELOPMENTS 124 12.9.5 KEY STRATEGIES 124 12.10 INTUIT INC. 125 12.10.1 COMPANY OVERVIEW 125 12.10.2 FINANCIAL OVERVIEW 126 12.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 126 12.10.4 KEY DEVELOPMENTS 127 12.10.5 SWOT ANALYSIS 127 12.10.6 KEY STRATEGIES 127 12.11 TOTVS 128 12.11.1 COMPANY OVERVIEW 128 12.11.2 FINANCIAL OVERVIEW 128 12.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 128 12.11.4 KEY DEVELOPMENTS 129 12.11.5 SWOT ANALYSIS 129 12.11.6 KEY STRATEGIES 129 12.12 UNIT4 130 12.12.1 COMPANY OVERVIEW 130 12.12.2 FINANCIAL OVERVIEW 130 12.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 130 12.12.4 KEY DEVELOPMENTS 130 12.12.5 KEY STRATEGIES 130 12.13 YONYOU 131 12.13.1 COMPANY OVERVIEW 131 12.13.2 FINANCIAL OVERVIEW 131 12.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 131 12.13.4 KEY DEVELOPMENTS 131 12.13.5 KEY STRATEGIES 131 12.14 KINGDEE INTERNATIONAL SOFTWARE GROUP (HK) LTD 132 12.14.1 COMPANY OVERVIEW 132 12.14.2 FINANCIAL OVERVIEW 132 12.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 133 12.14.4 KEY DEVELOPMENTS 133 12.14.5 SWOT ANALYSIS 133 12.14.6 KEY STRATEGIES 133 12.15 WORKDAY, INC 134 12.15.1 COMPANY OVERVIEW 134 12.15.2 FINANCIAL OVERVIEW 134 12.15.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 135 12.15.4 KEY DEVELOPMENTS 135 12.15.5 SWOT ANALYSIS 135 12.15.6 KEY STRATEGIES 135