ERP Software Market Accelerates with Cloud Adoption and Demand for Integrated Business Solutions as per Maximize Research

ERP Software Market was valued US$ 51.21 Bn in 2023 and is expected to reach US$ 113.08 Bn by 2030, at a CAGR of 11.98 % during a forecast period.

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About the Market

The ERP software market is expanding due to technology improvements and changing corporate needs. New providers are emerging as leaders, fueled by trends and scalability. ERP software vendors often issue upgrades to stay current and fulfill customer requests. The market size is calculated using a bottom-up technique, with Microsoft, SAP, Deltek, Sage, and Oracle recognized as the major ERP suppliers based on market share using primary and secondary research.

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ERP Software Market Segmentation

In 2024, Cloud Segment Held the Dominant Position with A Share of Above 70.5% While Manufacturing Segment Dominated the ERP Software Market and accounted for 27% Of the Global Revenue Share.

By Deployment Module

On-premise

Cloud

Hybrid

By Organization Size

Large Enterprises

Small &Medium Enterprises

By Industry Vertical

Manufacturing

BFSI

Healthcare

Retail & Distribution

Government & Utilities

IT & Telecom

Construction

Aerospace and Defense

Others

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ERP Software Market Regional Analysis

In 2024, North America held the largest revenue share in the ERP Software Market, contributing approximately 48%, followed by Europe as the second-largest region with around 25% of the market share. Both regions benefit from strong IT infrastructures, modern manufacturing capabilities, and a significant demand for enterprise resource planning to simplify operations across several industries.

Market key players Fueling industry evolution

These companies are leading the ERP Software Market, demonstrating strong financial performance and strategic investments in product development and market expansion:

Microsoft – $211 billion

Oracle – $53 billion

SAP – $34 billion

Fiserv – $20.46 billion

Intuit Inc. – $16.3 billion

New Related Markets Published by Maximize Market Research.

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Accounting Software Market: Accounting Software Market was valued at US$ 14.15 Bn in 2022 and is expected to reach at US$ 24.89 Bn by 2029 at a CAGR of 8.4% over forecast period 2023-2029.

Project Management Software Market: Project Management Software Market size was valued at USD 3.56 Billion in 2023 and the total Project Management Software revenue is expected to grow at a CAGR of 14.34% from 2024 to 2030, reaching nearly USD 9.1 Billion by 2030.