Increasing Mergers and Acquisitions driving the Global ERP Market

Published: Jan 2024

The global Enterprise Resource Planning (ERP) Software market is expected to grow at a considerable CAGR of 8.4% during the forecast period (2023-2030). Businesses are increasingly engaging in mergers and acquisitions (M&A) to expand their market share. ERP software can help businesses to integrate their acquired businesses and streamline their operations. Mergers and acquisitions (M&A) are strategic moves undertaken by businesses to expand their reach, enhance their capabilities, and gain a competitive edge. However, integrating acquired businesses into the existing corporate structure can be a complex and challenging process.

Browse the full report description of “Enterprise Resource Planning (ERP) Software Market Size, Share & Trends Analysis Report by Deployment Type(Cloud, On-premise, and Hybrid), by Industry Vertical(BFSI, Manufacturing, Construction, Aerospace and Defense, and Others (Education, Hospitality, Media and Entertainment)), and by Business Function (Supply Chain Management (SCM), Human Resource Management (HRM), Business Process Management (BPM), Product Lifecycle Management (PLM), and Others (Risk Management, Compliance Management, Sustainability Management)), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/erp-software-market

For instance, in August 2023, IFS has acquired Falkonry, Inc. a California-based Industrial AI software company. The integration of Falkonry's self-learning anomaly detection solution with IFS's existing enterprise simulation and AI-based scheduling and optimization capabilities exemplifies IFS's commitment to pervasively employing AI to deliver end-to-end intelligent insights across the spectrum of enterprise asset management (EAM) technologies, including ERP (Enterprise Resource Planning), MES (Manufacturing Execution System), PSO (Planning, Scheduling, Optimization), FSM (Field Service Management), and ESM (Enterprise Service Management), with the goal of enhancing both human and asset productivity.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Deployment Type 

o By Industry Vertical

o By Business Function

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes Infor, Microsoft Corp., Oracle Corp., SAP SE, and Workday Inc. among others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Enterprise Resource Planning (ERP) Software Market Report Segment

By Deployment Type 

  • Cloud
  • On-premise

By Industry Vertical

  • BFSI
  • Manufacturing
  • Construction
  • Aerospace and Defense
  • Others (Education, Hospitality, Media and Entertainment)

By Business Function

  • Supply Chain Management (SCM) 
  • Human Resource Management (HRM) 
  • Business Process Management (BPM) 
  • Product Lifecycle Management (PLM) 
  • Others (Risk Management, Compliance Management, Sustainability Management)

Global Enterprise Resource Planning (ERP) SoftwareMarket Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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