ERP Market Share, Size, and Trends Report for 2023

Last Updated: March 21st, 2023
Researched and Written by: Russ Davidson

The world of the ERP software market overview has existed in some shape over the last 40 years, and the competitive landscape continues to grow every year. The global ERP software market size was valued at $50.57 billion in 2021 and is expected to reach $123.41 billion by 2030, a compound annual growth rate of 10.7% from 2022 to 2030.

This market growth can be attributed to changes in technology as well as ever-evolving business needs. Because of this, new ERP vendors have sprung about to enter the ERP market and become leaders–mostly due to trends they laid forth or due to the size they have become.

Thinking of what may be the most popular ERP software in the global market brings up a number of recognizable names, such as Infor, SYSPRO, and Epicor. But what software vendors have a stronghold on the ERP market share? Which products are the driving force behind these company’s popularity?

We’ve analyzed the 2022 ERP Market research and forecast a few top key players that will be very involved in the ERP market segmentation today and in the future.

ERP providers constantly shift the goals of what their software can provide for their customers. This usually comes in the forms of routine updates to their software, which allow customers to have the most up-to-date version of software free from any bugs.

This motivation to improve their product can also come from a desire to gain a competitive advantage in today’s ERP market, while looking at current technology trends and pain points facing existing ERP users.

Examples of these trends include:

  • Increased use of Cloud ERP and Mobile ERP
  • Artificial intelligence in ERP
  • Increased focus on business intelligence
  • The Internet of Things (IoT) and Industrial Internet of Things (IIoT)
  • 3D Printing and Additive Manufacturing

Top ERP System Providers by Market Share

While determining which top enterprise resource planning solutions will work best for your business, it’s important to know that the answer will first be whatever you will get the most use out of. What works for a large enterprise may not work for your small business. What works for your business in North America or Canada may not work for a company in Europe.

An ERP system should improve business processes by making your employees more productive, your operations more efficient, and your reporting more accurate. We here at Software Connect researched a variety of ERP software vendors in search of the most widely-used and desired systems. We’ve identified the following five as the top ERP system providers by market share:

  • Microsoft
  • SAP
  • Deltek
  • Sage
  • Oracle
ERP Market Share Size and Trends

Microsoft

Microsoft represented 31.5% of ERP market share. They have been a leader in the ERP software market for many years through its Dynamics product offerings. These ERP solutions provide a fully integrated tool for financials, supply chain, operations, reporting, manufacturing, and human resource activities.

Some of the most popular ERP solutions of the past 20 years have been from Microsoft, which includes Dynamics 365 Business Central–the successor to the popular Dynamics NAV software.


Dynamics 365 Business Central: General Leger Entries
Dynamics 365 Business Central: Dashboard
Dynamics 365 Business Central: Customer Management
What We Like
Combined ERP and CRM
Similar interface to MS Word and Outlook
Integrations with Microsoft applications
What We Don’t Like
Not ideal for complex manufacturing needs
May require extensive training
No free version
Overview
Price Range: $$$
Starting Price: $70/user/month
Client OS: Web
Deployment: Cloud or On-Premises

Many of Microsoft’s offerings have become industry-focused or provide an app-based approach that lets you customize your solution to fit your needs. Dynamics 365 fits the mold with an app-based approach. This comprehensive business management solution is designed for small to medium-sized businesses. The cloud-based ERP lets you consolidate multiple systems/modules into a single, connected application–one that integrates closely with other Microsoft products your office may already be using on a daily basis, such as Outlook and Office 365.

Microsoft’s biggest draw with Dynamics 365 is the combination of ERP and CRM capabilities. This gives it the feel of a true “all-in-one” tool that looks crisp and is incredibly easy to use with a layout similar to popular applications such as Microsoft Outlook and Office 365.

The solution is intended for use by small and mid-market companies, providing a scalable way to get the features your business needs to be more profitable.

Top Features

  • Finance
  • Inventory
  • Project Management
  • Purchasing
  • Sales
Dynamics 365 ERP Market Share
The dashboard of Dynamics 365 Business Central.

SAP

SAP represented 11.8% of ERP market share. They have been a leader in business applications since the launch of its first ERP system in 1972. Today, the company has over 425,000 customers in over 180 countries and employs over 100,000 people worldwide. They offer dozens of ERP solutions for seemingly every size of business and every type of industry.

SAP Business One is an affordable and easy-to-implement business management solution designed specifically to meet the needs of growing small companies. Your managers will have on-demand access to critical real-time information through one single system containing financial, customer relationship management, manufacturing, and management control capabilities.


SAP Business One: Sales Analysis
SAP Business One: Enterprise Search
SAP Business One: Cash Flow
What We Like
Highly customizable
Improved decision-making capabilities via extensive BI
Multi-currency/multi-language support
What We Don’t Like
Requires phone consult for pricing
Setup usually requires help from a Value Added Reseller (VAR)
No payroll module
Overview
Price Range: $$$$
Starting Price: $410/user/year
Client OS: Windows
Deployment: Cloud or On-Premises

Most SAP products such as SAP Business One were originally intended to be on-premise. SAP has evolved and now has a large library of cloud ERP software that can be externally hosted if the user chooses. SAP Business One is one of those options.

SAP Business One has a reputation as a proven software solution backed by a more reputable developer. Due to this, they may be perceived as having more stability and experience in ERP compared to others. Which works best for your business will come down to your tolerance levels with affordability, reliability, scalability, and performance.

Top Features

  • Accounting
  • CRM
  • Human Resources
  • Inventory Control
  • Material Requirements Planning (MRP)
  • Purchasing
  • Warehouse Management

Top Industries

SAP Business One Industry Focus

Deltek

Deltek represented 8.1% of ERP market share data. Deltek is the leading global provider of enterprise software solutions for project-based businesses. Their solutions are best used for project intelligence, project management, and project collaboration.

Deltek has it’s beginnings in 1983–immediately capturing the project-focused niche, with a big focus on government contractors. These government contracts must, under U.S. government procurement law, track costs by contract–something many systems at the time did not have a good grasp on. This led to the creation of their original system, Deltek Government Contracting System.

Today, with products such as Deltek Vantagepoint (formerly Deltek Vision), Deltek offers project accounting options to architects, engineers, and consulting firms. The product offerings operate as a combined project-based ERP and professional services automation (PSA) solution.


Deltek Vantagepoint: Resource Utilization By Organization Report
Deltek Vantagepoint: Employee Utilization
Deltek Vantagepoint: Employee Timesheet
Deltek Vantagepoint: Column Selector in Utilization Report
Deltek Vantagepoint: Dashboard View
Deltek Vantagepoint: Report Designer Geo Performance
Deltek Vantagepoint: Project Phase Planning
Deltek Vantagepoint: Project Phase Task Hours
Deltek Vantagepoint: Employee Search
Deltek Vantagepoint: Performance Report Designer
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
Windows, Web
Deployment
Cloud or On-Premises

Top Features

  • Accounting and Financial Management
  • CRM and Pipeline Management
  • Project Management
  • Reporting and Business Intelligence
  • Resource Management
Deltek Vantagepoint Employee Utilization
View employee utilization with Deltek Vantagepoint.

Sage

Sage is a worldwide provider of accounting software and ERP systems. Sage is one of the leading choices for small businesses and the largest current supplier to small businesses–with over 6.1 million customers worldwide.

Millions of customers are managing their financials, payments, operations, and people with Sage Business Cloud options. Sage offers a large profile of solutions that help your business make smarter business decisions and plan for the future through user-friendly automation.

Sage 300 primarily helps businesses to increase their cross-departmental collaboration via an integrated management platform which is fully accessible via the cloud. This gives users from all over the company an up-to-date view of corporate finances and operational performance metrics, allowing for responses to ongoing situations in real-time.


Sage 300: Detail Accounts/Taxes Tab
Sage 300: A/P Invoice Entry
Sage 300: A/P Transactions Page
Sage 300: Cash Position & Aging AP/AR
Sage 300: GL Batch List/Process Flow
Sage 300: AP Invoice Entry
Sage 300: PO Visual Process Flow
Sage 300: Inventory Control Item Details
Sage 300: AP Visual Process Flows
Sage 300: Order Entry Form
Sage 300: Income, Expense, Activity Charts
Sage 300: AP Invoice Entry
Sage 300: AR Invoice Entry
Sage 300: AR Customer Detail
What We Like
Multi-currency and multi-company support
Strong financial module
What We Don’t Like
Difficult for new users; high learning curve
Somewhat outdated user interface
Some users report performance issues, especially with large datasets
Overview
Price Range: $$$
Starting Price: $2,075/user (perpetual license)
Client OS: Windows, Web
Deployment: Cloud or On-Premises

Founded in 1999 before being acquired by The Sage Group in 2017, Sage Intacct was built by finance professionals, meaning it can provide powerful automation of complex processes and multi-dimensional data analysis.

One of the first web-based cloud accounting products available for the SMB market, Sage Intacct is most known for being an in-depth financial management system, as it offers a suite of accounting software that could serve medium and large-sized businesses with consolidated ERP and e-commerce features.


Sage Intacct: Purchasing
Sage Intacct: Entities
Sage Intacct: Order Entry
Sage Intacct: Resource Search
Sage Intacct: Report Center
Sage Intacct: Financial Report Editor
Sage Intacct: Dashboard
What We Like
Multi-dimensional reporting capabilities
Scalability for multi-entity support and user growth
Simple and responsive user interface
What We Don’t Like
Budgeting and interactive reporting cost extra
Limited non-financial functionalities
Volume exports can be difficult
Overview
Price Range: $$$
Starting Price: $8,580/year
Client OS: Web
Deployment: Cloud Hosted

These financial-based applications include accounts payable, accounts receivable, cash management, a general ledger, order management, purchasing, and reporting and dashboards. Intacct also includes support for financial reporting, billing, sales and use tax, inventory management, and project accounting.

Oracle

The Oracle Corporation represented 5.07% of ERP market share. They are one of the largest software companies in the world, selling database software and technology, cloud engineered systems, and enterprise software products.

They are most known for their own brands of enterprise systems that handle ERP, human capital management (HCM), CRM, and supply chain management (SCM). Oracle Cloud Applications are built on machine learning that helps enable fast innovation with a modern UX and customer-first approach.

NetSuite was acquired by Oracle back in 2016, who has continued to improve upon the NetSuite product all while being backed by a multinational computer technology corporation. Oracle was recently listed as one of our top ERP vendors, who continues to make NetSuite work great for companies with multiple locations and/or supports growing organizations.


NetSuite ERP: Home Screen
NetSuite ERP: Income Statement
NetSuite ERP: Journal
NetSuite ERP: Unrealized Exchange Rate Gains and Losses
NetSuite ERP: Ecommerce Customer Statistics
NetSuite ERP: Sales Orders
NetSuite ERP: Revenue Recognition
What We Like
Hundreds of third-party add-ons available
Feature sets for multiple industries
Highly customizable
What We Don’t Like
Must schedule a consult for pricing details
Tedious setup
Difficult to build reports
Overview
Price Range: $$$$
Starting Price: $99/user/month
Client OS: Web
Deployment: Cloud Hosted

Top Industries

NetSuite Top Industries

Oracle Cloud ERP is an integrated suite of business modules comprised of various ERP products depending on your needs. The cloud applications assist with your business functions of finance, project management, procurement, risk management, and other day-to-day activities.


Oracle ERP Cloud: Home Screen
Oracle ERP Cloud: Navigator
Oracle ERP Cloud: Transactions
Oracle ERP Cloud: Asset Tracking
Oracle ERP Cloud: Task Management
Oracle ERP Cloud: Project Plan
What We Like
100% online services
Automated and controlled financial planning and reporting
Bundles financials with a robust accounting engine
What We Don’t Like
Additional costs for integrated products
Basic reporting tools
High implementation costs
Overview
Price Range: $$$$$
Starting Price: $175/user/month
Client OS: Web
Deployment: Cloud Hosted

The Oracle Cloud is ideal for customers seeking subscription-based access to leading Oracle applications, middleware and database services–all hosted and expertly managed by Oracle. Some of the top Oracle Cloud ERP applications include Financials Cloud, Procurement Cloud, Risk Management Cloud, EPM Cloud, and SCM Cloud.

Together, the combination of these solutions provides great potential for enterprise and mid-market companies looking to grow. The organization may start with Financials Cloud and quickly expand the functionality reach by implementing SCM cloud and Risk Management Cloud to work alongside it as one unified database system.

Top Features

  • Financials
  • Project Management
  • Procurement
  • Risk Management and Compliance
  • Enterprise Performance Management (EPM)
  • Supply Chain and Manufacturing
  • Artificial Intelligence
Oracle ERP Cloud Manage Tasks ERP Market Share
Manage tasks in Oracle ERP Cloud.

Other ERP System Providers by Market Share

Through our research efforts, we uncovered a large number of ERP software vendors that had some percentage of market share. For the sake of brevity, we’ve limited our report to only providing the top 5 in detail. Other ERP system providers we looked at include:

  • Workday (1.62%)
  • Epicor (1.57%)
  • Aptean (1.04%)
  • Infor (0.85%)
  • Odoo (0.68%)
  • SYSPRO (0.59%)
  • Acumatica (0.47%)
  • Blue Link (0.44%)
  • ECI (0.42%)
  • Other (29.74%)

Methodology

To find our top ERP software by market share, we combined three of the top ERP market share data sources together along with our own internal data. Software Connect surveyed our top 250 products by looking at total submissions to our website. Total submissions refers to how many site visitors requested additional information on a product. We narrowed the number of top ERP products down based on this visitor data, and combined this data with the results provided from the other sources to create an aggregate.

The other ERP market share data sources used were:

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