How big is the North America Enterprise Resource Planning Market?

The North America Enterprise Resource Planning Market size is expected to reach USD 20.30 billion in 2024 and grow at a CAGR of 9.51% to reach USD 31.98 billion by 2029. Read More

What is the current North America Enterprise Resource Planning Market size?

In 2024, the North America Enterprise Resource Planning Market size is expected to reach USD 20.30 billion. Read More

Who are the key players in North America Enterprise Resource Planning Market?

SAP SE, Oracle Corporation, Microsoft Corporation, Workday, Inc. and Plex Systems Inc. (Rockwell Automation Inc.) are the major companies operating in the North America Enterprise Resource Planning Market. Read More

What years does this North America Enterprise Resource Planning Market cover, and what was the market size in 2023?

In 2023, the North America Enterprise Resource Planning Market size was estimated at USD 18.37 billion. The report covers the North America Enterprise Resource Planning Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Enterprise Resource Planning Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

North America Enterprise Resource Planning Market Trends

Statistics for the 2023 & 2024 North America Enterprise Resource Planning market trends, created by Mordor Intelligence™ Industry Reports. North America Enterprise Resource Planning trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of North America Enterprise Resource Planning Industry

Cloud ERP to be a Major Market Attraction

Diverse deployment models: The North American ERP market offers several deployment options, including on-premise, cloud, and hybrid systems, catering to businesses of varying sizes and operational needs. Cloud ERP is favored for its scalability and cost-effectiveness, while hybrid systems offer flexibility by combining cloud and on-premise functionalities.
Segmentation by business size and type: The market is divided into SMBs and large enterprises, each with distinct ERP requirements. SMBs are increasingly adopting cloud ERP systems to optimize their limited resources and achieve high ROI, while large enterprises implement complex ERP systems that integrate various business functions across global operations. ERP types such as mobile, cloud, and social ERP continue to gain popularity, with mobile and cloud ERP systems being especially sought after due to their ease of use and accessibility.
ERP in key industry applications: The North American ERP market spans several applications, including retail, manufacturing, banking, financial services, and insurance (BFSI), government, telecom, military and defense, and transport and logistics. Manufacturing and BFSI remain the largest adopters of ERP systems due to their need for efficient supply chain management and regulatory compliance.

North America Enterprise Resource Planning Market: Cloud Services Adoption, in Percentage (%), by Usage Level, in the Americas, 2023

Understand The Key Trends Shaping This Market

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Artificial Intelligence and Machine Learning are Gaining Popularity as Emerging Technology in ERP

Cloud ERP: Cloud-based ERP platforms are central to the North American ERP market’s growth, offering flexibility, scalability, and cost savings for businesses of all sizes.
AI integration: AI and ML technologies are becoming standard in ERP systems, boosting automation, predictive analytics, and intelligent decision-making.
Focus on SMEs: Cloud ERP solutions make advanced ERP systems more accessible and affordable for SMBs, driving higher adoption rates.
Future trends: AI and ML are expected to drive further innovation in ERP systems, shaping the future of the North American ERP market.