ERP Software Market - Industry Size, Growth, Analysis, Applications, Opportunities and Forecasts to 2022

27 January 2020 - In 2014, the ERP Software Market size was valued USD 27,648 millions globally. ERP system is a shared database that supports different business units. Integration of various functions in different business unit, transparency, and efficiency is predicted to drive the market over a forecast period. The need of streamlined processing in aerospace, defense, government utilities and industries will play a major role in market growth over a given period. ERP is business management software that collect, stores, manage and interprets data from many business activities, thus allowing smooth flow of processes and better decision making and productivity. In Emerging economies such as Brazil, India and China the product will have great demand due to increasing number of SMEs. Development in IT sector, penetration of IT firms, and changing consumer behaviour in these regions will lead to adoption of ERP software over manual operatio...