Global ERP Software Market to Reach US$119.3 Billion by 2030, Driven by Cloud Adoption and AI Integration
Industry Experts, Inc. published a new market research report, " Enterprise Resource Planning (ERP) Software - A Global Market Overview ," projecting that worldwide ERP software revenues will rise from US$60 billion in 2024 to US$119 billion by 2030, registering a compound annual growth rate of 12.1% during the 2024 to 2030 forecast period. Rapid adoption of composable ERP platforms, which allow incremental deployment of finance, supply chain, human capital and CRM modules, combined with embedded artificial intelligence for predictive analytics and intelligent automation, is redefining enterprise planning and operations. Modular subscription architectures are lowering entry barriers for mid-sized businesses, while leading vendors such as SAP, Oracle, Microsoft Dynamics, Infor, Epicor and IFS intensify investments in vertical specific solutions, user experience innovation and zero trust security frameworks. North America led the ERP software market in 2024 wit...