What is the ERP Software Market Share?
According to 6Wresearch internal database and industry insights, the
Global ERP Software Market was valued at USD 56.4 billion in 2024 and is estimated to exceed the valuation of USD 109.2 billion by 2031, exhibiting a CAGR of 9.9% during the forecast period. North America dominates the market, with a 39.0% share in 2024.
This robust expansion is highly attributed to the growing need for streamlined business operations and widespread adoption of cloud-based ERP among both large corporations and SMBs seeking operational agility.
Key Growth Factors of the ERP Software Market
- There has been growing need for centralized data management and real-time reporting.
- The demand for cloud and hybrid ERP systems to ensure scalability has been surged.
- Amalgamation of AI, IoT, and machine learning for smarter business decisions.
- Growing focus on regulatory compliance and risk management frameworks.
- Digitization across manufacturing, retail, and BFSI sectors is further expanding rapidly.
- Wide adoption of mobile ERP applications for remote workforce enablement.
ERP Software Market Trends
ERP Software Market is expected to evolve in the years to come with the emergence of modular, low-code/no-code ERP solutions tailored to business-specific needs. also, there is a noticeable shift from legacy, cloud-native ERP platforms. Vertical-specific ERP solutions, mobile-friendly interfaces, and AI-powered analytics are driving efficiency gains. In addition to this, integration with CRM, HCM, and SCM systems is streamlining business operations end-to-end.
Major Companies in the ERP Software Market
- Workday Inc.
- Oracle Corporation
- Microsoft Dynamics
- SAP SE
- Infor
- NetSuite (by Oracle)
ERP Software Market share 2025
The ERP Software is anticipated to grow at a CAGR of 9.7%, reaching an estimated valuation of USD 108 billion by 2031.
North America dominates the market, with a 39.0% share in 2024.
The demand for cloud and hybrid ERP systems to ensure scalability and flexibility is actively contributing to the market growth.
To optimize business workflows, enhance productivity, and unify various departments into one seamless platform.
AI is enhancing forecasting, financial planning, and automating routine administrative tasks within ERP ecosystems.
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