PUNE, India, January 31, 2023 (GLOBE NEWSWIRE) — The global Size of the ERP (Enterprise Resource Planning) software market. was valued at $15.10 billion in 2021. The market is projected to grow to $18.33 billion from $18.33 billion in 2022 $83.90 billion by 2029, with a CAGR of 24.3% over the forecast period. North America had the highest share of the global market with USD 17.56 billion in 2021. Fortune Business Insights publishes this information in its report titled “ERP Software Market Forecast, 2023-2029.”
Key Industry Development:
Infor, a cloud-based software company, partnered with Syntellis Data and Intelligence. The latter is a performance solutions player in the area of software solutions for enterprise performance management. This collaboration enabled healthcare consumers to turn to the Syntellis Axiom Healthcare Suite for intelligent prep and performance solutions.
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Report scope and segmentation
| report coverage | details |
| forecast period | 2022 to 2029 |
| Forecast period 2022 to 2029 CAGR | 9.1% |
| Value prognosis 2029 | $90.63 billion |
| base year | 2021 |
| 3D Printing Market Size in 2021 | $45.82 billion |
| Historical data for | 2018 to 2020 |
| number of pages | 150 |
| segments covered | Deployment, business function, company size, end users, and geography |
The central theses
- The market size of ERP software in North America was US$17.56 billion in 2021
- Increasing acceptance of digital platforms and favorable government initiatives to drive market growth.
- Big trends include technologies like AI, blockchain, machine learning, and others
- After end consumers, the healthcare segment holds the maximum share
Browse full report details:
https://www.fortunebusinessinsights.com/enterprise-resource-planning-erp-software-market-102498
Driving factors:
- Increasing need to improve operational competency and streamline business operations among…
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