The Cloud ERP Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the cloud ERP sector has seen swift expansion in recent times. The market escalated from $84.7 billion in 2024 and is projected to reach $98.24 billion in 2025, advancing at a compound annual growth rate (CAGR) of 16.0%.
The Cloud ERP market is projected to reach a value of $182.23 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 16.7%.
Download Your Free Sample of the 2025 Cloud ERP Market Report and Uncover Key Trends Now!The key drivers in the cloud erp market are:
• Ongoing expansion of the digital economy
• Rising demand for industry-specific cloud ERP solutions
• Increasing global expansion
• Growing integration of Internet of Things (IoT)
The cloud erp market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises
3) By End User: Banking, Financial Services and Insurance (BFSI), Healthcare, IT And Telecom, Aerospace And Defense, Government And Public Sector, Retail, Other End Users
The key trends in the cloud erp market are:
• There is an emerging trend towards the adoption of hybrid cloud ERP solutions.
• Real-time analytics are set to shape the future of the Cloud ERP market.
• Eco-friendly Cloud ERP is a significant trend on the rise.
• The market is influenced by a trend towards innovative software updates.
Major companies in the cloud erp market are:
• Microsoft Corporation
• Hewlett-Packard Development Company L.P.
• International Business Machines Corporation
• Oracle Corporation
• NetSuite Inc.
• SAP SE
• Workday Inc.
• Infor
• Tyler Technologies Inc.
• Epicor Software Corporation
• Unit4
• Deltek
• IFS AB
• Odoo
• QAD Inc.
• Sage Intacct Inc.
• Ramco Systems Limited
• Tally Solutions Private Limited
• Global Shop Solutions
• Plex Systems Inc.
• SYSPRO
• Rootstock Software ERP
• Genius Solutions Inc.
• IQMS
• MIE Solutions Inc.
• Acumatica
• VIENNA Advantage
North America was the largest region in the cloud ERP market in 2024