GITNUX MARKETDATA REPORT 2024

Must-Know Erp Industry Statistics [Recent Analysis]

Statistic 1

"The global ERP software market is expected to reach USD 71.63 billion by 2026, growing at a CAGR of 9.8%."

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Statistic 2

"In 2019, the ERP software market reached USD 39.65 billion."

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Statistic 3

"According to the same Panorama report, 57% of organizations increased their operational efficiency through ERP implementation."

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Statistic 4

"According to ERP Software Market Report, in 2018, the on-premise ERP software segment accounted for more than half of the total market share."

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Statistic 5

"According to ResearchAndMarkets.com, Asia Pacific is forecasted to grow at the highest rate during the forecast period 2020- 2027."

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Statistic 6

"According to the same source, professional services, manufacturing, and retail will continue dominating the global ERP market."

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Statistic 7

"In 2020, ERP projects took an average of 18.4 months to implement."

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Statistic 8

"In 2017, enterprise resource planning (ERP) software was used by over 53% of businesses."

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Statistic 9

"Oracle, SAP, and Microsoft Dynamics dominate the ERP market world-wide."

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Statistic 10

"About 95% of businesses saw an improvement in some or all of their processes after implementing ERP solutions."

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Statistic 11

"Approximately 75% of businesses experience an improvement in financial processes after implementing an ERP system."

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Statistic 12

"According to Gartner, by 2022, “at least 65% of large corporations will have implemented an ERP system.”"

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