Market Share of Enterprise Resource Planning Industry
Given the increasing digitization across all industry verticals, the ERP software market is semi-consolidated. Considering vendors’ market penetration and the ability to invest in new technologies, the competitive rivalry is expected to remain high. Some players include SAP SE, Intuit, Microsoft Corporation, and Constellation Software.
In June 2023, SAP and Bain partnered to help leaders drive cloud-enabled ERP transformation. The collaboration aimed to help executives maximize the impact of cloud-enabled ERP transformation. The partnership enables clients to reach their business goals faster and achieve their full ERP potential by combining solutions such as RISE with SAP and Bain's business-led transformation expertise.
In May 2023, Microsoft Corporation announced that Microsoft and SAP aim to deepen their longstanding partnership to help solve customers’ most fundamental business challenges. The companies aim to collaborate on integrating SAP SuccessFactors solutions with Microsoft 365 Copilot and Copilot for Microsoft Viva Learning, as well as Microsoft’s Azure OpenAI Service, to access powerful language models that analyze and generate natural language. The integrations enable new experiences to improve how organizations attract, retain, and skill their people.
ERP Market Leaders
Microsoft Corporation
SAP SE
Intuit
Constellation Software
FIS
*Disclaimer: Major Players sorted in no particular order