United States Enterprise Resource Planning (ERP) Market, By Component (Software and Services), By Deployment Type (On-Premises and Cloud), By Function (Finance, Human Resource, Customer Management, Inventory Management, Supply Chain, Others), By End User (Manufacturing, BFSI, Healthcare, Retail, Government & Utilities, IT & Telecom, Others), By Enterprise (Medium, Large and Small), By Region, Competition Forecast & Opportunities, 2027
United States Enterprise Resource Planning (ERP) Market, By Component (Software and Services), By Deployment Type (On-Premises and Cloud), By Function (Finance, Human Resource, Customer Management, Inventory Management, Supply Chain, Others), By End User (Manufacturing, BFSI, Healthcare, Retail, Government & Utilities, IT & Telecom, Others), By Enterprise (Medium, Large and Small), By Region, Competition Forecast & Opportunities, 2027
Abstract
The United States ERP market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the growing demand for ERP software from businesses in recent years. Besides, industrial growth coupled with the integrated technical services through software that enables companies to modulate enterprises is expected to drive the growth of the United States ERP market. Additionally, the rising demand for affordable and effective solutions to make businesses more automated and streamlined is anticipated to boost market growth. Rapid digitalization of the businesses and the increasing need to build effective communication channels within the organizations are also propelling the growth of the United States ERP market during the forecast period.
ERP is an abbreviation for enterprise resource planning. The process includes specialized software given by many sources and services that aid in the effective use of the software throughout the firm. The software aids in the management of a company's finances, supply chain, operations, commerce, reporting, production, and human resources. Accounting, business entities, corporate governance, corporate law, corporate title, economics, finance, consumer management, staff management, and other company verticals may all be run efficiently with ERP.
The recent pandemic scenario has significantly impacted the expansion of the US ERP market in recent years. Further expansion is also projected as a result of the growing use of ERP in the healthcare industry and enterprises dealing with healthcare products and services. Multiple healthcare organizations successfully utilized cloud-based services to build a robust system that regulated the patient count, managed the requests for pharmaceutical and therapeutical items, and administered vaccines across countries.
The COVID-19's supply chain impact will drive manufacturers' spending on enterprise resource planning (ERP) in the country to USD14 billion by 2027, assisting the expansion of the United States ERP market during the next five years.
The United States ERP market segmentation is based on component, deployment type, function, end user, enterprise, competitional landscape, and regional distribution. Based on component, the market is differentiated between software and services. The software segment is expected to hold the largest share in the United States ERP market, owing to the growing demand for IT integrated software and increasing investments in advanced technology.
Major players operating in the United States ERP market are IBM Corporation, SAP America, Inc., Oracle Corporation, The Sage Group, LLC, Microsoft Corporation, Infor, Inc., Epicor Software Corporation, ESI North America, Workday, Inc., Syspro Impact Software, Inc., among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
•To analyze the historical growth in the market size of the United States ERP market from 2017 to 2021.
•To estimate and forecast the market size of United States ERP market from 2022E to 2027F and growth rate until 2027F.
•To classify and forecast the United States ERP market based on component, deployment type, function, end user, enterprise, region, and company.
•To identify the dominant region or segment in the United States ERP market.
•To identify drivers and challenges for the United States ERP market.
•To examine competitive developments such as expansions, new software launches, mergers & acquisitions, etc., in the United States ERP market.
•To identify and analyze the profiles of leading players operating in the United States ERP market.
•To identify key sustainable strategies adopted by market players in United States ERP market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of companies across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies, which could not be identified due to the limitations of secondary research. TechSci Research analyzed the presence of all major players across the country.
TechSci Research calculated the market size of the United States ERP market using a bottom up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these software and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
•Market research and consulting firms
•Government bodies such as regulating authorities and policy makers
•Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, United States ERP market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
•United States ERP Market, By Component:
oSoftware
oServices
•United States ERP Market, By Deployment Type:
oOn-Premises
oCloud
•United States ERP Market, By Function:
oFinance
oHuman Resource
oCustomer Management
oInventory Management
oSupply Chain
oOthers
•United States ERP Market, By End User:
oManufacturing
oBFSI
oHealthcare
oRetail
oGovernment & Utilities
oIT & Telecom
oOthers
•United States ERP Market, By Enterprise:
oMedium
oLarge
oSmall
•United States ERP Market, By Region:
oSouth Region
oMid west Region
oNorth East Region
oWest Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United States ERP market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
•Detailed analysis and profiling of additional market players (up to five).
Content
Table of Contents
1.Service Overview
2.Research Methodology
3.Executive Summary
4.Impact of COVID-19 on United States ERP Market
5.Voice of Customers
6.United States ERP Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value
6.2.Market Share & Forecast
6.2.1.By Component (Software and Services)
6.2.2.By Deployment Type (On-Premises and Cloud)
6.2.3.By Function (Finance, Human Resource, Customer Management, Inventory Management, Supply Chain, Others)
6.2.4.By End User (Manufacturing, BFSI, Healthcare, Retail, Government & Utilities, IT & Telecom, Others)
6.2.5.By Enterprise (Medium, Large and Small)
6.2.6.By Region
6.2.7.By Company (2021)
6.3.Market Map
7.United States ERP Finance Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value
7.2.Market Share & Forecast
7.2.1.By Component
7.2.2.By Deployment Type
7.2.3.By End User
7.2.4.By Enterprise
7.2.5.By Region
8.United States ERP Human Resource Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value
8.2.Market Share & Forecast
8.2.1.By Component
8.2.2.By Deployment Type
8.2.3.By End User
8.2.4.By Enterprise
8.2.5.By Region
9.United States ERP Customer Management Market Outlook
9.1.Market Size & Forecast
9.1.1.By Value
9.2.Market Share & Forecast
9.2.1.By Component
9.2.2.By Deployment Type
9.2.3.By End User
9.2.4.By Enterprise
9.2.5.By Region
10.United States ERP Inventory Management Market Outlook
10.1.Market Size & Forecast
10.1.1.By Value
10.2.Market Share & Forecast
10.2.1.By Component
10.2.2.By Deployment Type
10.2.3.By End User
10.2.4.By Enterprise
10.2.5.By Region
11.United States ERP Supply Chain Market Outlook
11.1.Market Size & Forecast
11.1.1.By Value
11.2.Market Share & Forecast
11.2.1.By Component
11.2.2.By Deployment Type
11.2.3.By End User
11.2.4.By Enterprise
11.2.5.By Region
12.Market Dynamics
12.1.Drivers
12.2.Challenges
13.Market Trends & Developments
14.Policy & Regulatory Landscape
15.United States Economic Profile
16.Company Profiles
16.1.IBM Corporation
16.2.SAP America, Inc.
16.3.Oracle Corporation
16.4.The Sage Group, LLC
16.5.Microsoft Corporation
16.6.Infor, Inc.
16.7.Epicor Software Corporation
16.8.ESI North America
16.9.Workday, Inc.
16.10.Syspro Impact Software, Inc.
17.Strategic Recommendations
(Note: The companies list can be customized based on the client requirements.)
ERP is an abbreviation for enterprise resource planning. The process includes specialized software given by many sources and services that aid in the effective use of the software throughout the firm. The software aids in the management of a company's finances, supply chain, operations, commerce, reporting, production, and human resources. Accounting, business entities, corporate governance, corporate law, corporate title, economics, finance, consumer management, staff management, and other company verticals may all be run efficiently with ERP.
The recent pandemic scenario has significantly impacted the expansion of the US ERP market in recent years. Further expansion is also projected as a result of the growing use of ERP in the healthcare industry and enterprises dealing with healthcare products and services. Multiple healthcare organizations successfully utilized cloud-based services to build a robust system that regulated the patient count, managed the requests for pharmaceutical and therapeutical items, and administered vaccines across countries.
The COVID-19's supply chain impact will drive manufacturers' spending on enterprise resource planning (ERP) in the country to USD14 billion by 2027, assisting the expansion of the United States ERP market during the next five years.
The United States ERP market segmentation is based on component, deployment type, function, end user, enterprise, competitional landscape, and regional distribution. Based on component, the market is differentiated between software and services. The software segment is expected to hold the largest share in the United States ERP market, owing to the growing demand for IT integrated software and increasing investments in advanced technology.
Major players operating in the United States ERP market are IBM Corporation, SAP America, Inc., Oracle Corporation, The Sage Group, LLC, Microsoft Corporation, Infor, Inc., Epicor Software Corporation, ESI North America, Workday, Inc., Syspro Impact Software, Inc., among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
•To analyze the historical growth in the market size of the United States ERP market from 2017 to 2021.
•To estimate and forecast the market size of United States ERP market from 2022E to 2027F and growth rate until 2027F.
•To classify and forecast the United States ERP market based on component, deployment type, function, end user, enterprise, region, and company.
•To identify the dominant region or segment in the United States ERP market.
•To identify drivers and challenges for the United States ERP market.
•To examine competitive developments such as expansions, new software launches, mergers & acquisitions, etc., in the United States ERP market.
•To identify and analyze the profiles of leading players operating in the United States ERP market.
•To identify key sustainable strategies adopted by market players in United States ERP market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of companies across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies, which could not be identified due to the limitations of secondary research. TechSci Research analyzed the presence of all major players across the country.
TechSci Research calculated the market size of the United States ERP market using a bottom up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these software and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
•Market research and consulting firms
•Government bodies such as regulating authorities and policy makers
•Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, United States ERP market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
•United States ERP Market, By Component:
oSoftware
oServices
•United States ERP Market, By Deployment Type:
oOn-Premises
oCloud
•United States ERP Market, By Function:
oFinance
oHuman Resource
oCustomer Management
oInventory Management
oSupply Chain
oOthers
•United States ERP Market, By End User:
oManufacturing
oBFSI
oHealthcare
oRetail
oGovernment & Utilities
oIT & Telecom
oOthers
•United States ERP Market, By Enterprise:
oMedium
oLarge
oSmall
•United States ERP Market, By Region:
oSouth Region
oMid west Region
oNorth East Region
oWest Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United States ERP market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
•Detailed analysis and profiling of additional market players (up to five).
1.Service Overview
2.Research Methodology
3.Executive Summary
4.Impact of COVID-19 on United States ERP Market
5.Voice of Customers
6.United States ERP Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value
6.2.Market Share & Forecast
6.2.1.By Component (Software and Services)
6.2.2.By Deployment Type (On-Premises and Cloud)
6.2.3.By Function (Finance, Human Resource, Customer Management, Inventory Management, Supply Chain, Others)
6.2.4.By End User (Manufacturing, BFSI, Healthcare, Retail, Government & Utilities, IT & Telecom, Others)
6.2.5.By Enterprise (Medium, Large and Small)
6.2.6.By Region
6.2.7.By Company (2021)
6.3.Market Map
7.United States ERP Finance Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value
7.2.Market Share & Forecast
7.2.1.By Component
7.2.2.By Deployment Type
7.2.3.By End User
7.2.4.By Enterprise
7.2.5.By Region
8.United States ERP Human Resource Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value
8.2.Market Share & Forecast
8.2.1.By Component
8.2.2.By Deployment Type
8.2.3.By End User
8.2.4.By Enterprise
8.2.5.By Region
9.United States ERP Customer Management Market Outlook
9.1.Market Size & Forecast
9.1.1.By Value
9.2.Market Share & Forecast
9.2.1.By Component
9.2.2.By Deployment Type
9.2.3.By End User
9.2.4.By Enterprise
9.2.5.By Region
10.United States ERP Inventory Management Market Outlook
10.1.Market Size & Forecast
10.1.1.By Value
10.2.Market Share & Forecast
10.2.1.By Component
10.2.2.By Deployment Type
10.2.3.By End User
10.2.4.By Enterprise
10.2.5.By Region
11.United States ERP Supply Chain Market Outlook
11.1.Market Size & Forecast
11.1.1.By Value
11.2.Market Share & Forecast
11.2.1.By Component
11.2.2.By Deployment Type
11.2.3.By End User
11.2.4.By Enterprise
11.2.5.By Region
12.Market Dynamics
12.1.Drivers
12.2.Challenges
13.Market Trends & Developments
14.Policy & Regulatory Landscape
15.United States Economic Profile
16.Company Profiles
16.1.IBM Corporation
16.2.SAP America, Inc.
16.3.Oracle Corporation
16.4.The Sage Group, LLC
16.5.Microsoft Corporation
16.6.Infor, Inc.
16.7.Epicor Software Corporation
16.8.ESI North America
16.9.Workday, Inc.
16.10.Syspro Impact Software, Inc.
17.Strategic Recommendations
(Note: The companies list can be customized based on the client requirements.)
