The revenue in the 'Enterprise Resource Planning Software' segment of the software market in Lithuania was forecast to continuously increase between 2024 and 2029 by in total 3.2 million U.S. dollars (+23.86 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 16.57 million U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Enterprise Resource Planning Software' segment of the software market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The Enterprise Resource Planning (ERP) Software market covers software applications that support organizations in managing, integrating, and optimizing important business activities related to resources such as people, finance, capital, materials, and orders. These software applications help organizations to streamline their internal business processes, increase efficiency, and make more informed decisions.
Products in the Enterprise Resource Planning Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.
Additional Information:
The Enterprise Resource Planning Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).
Key players in this market include SAP, Intuit Inc., Oracle, Infor, and Sage.
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Statista. (September 12, 2024). Revenue of the enterprise resource planning software market in Lithuania from 2020 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/966886/erp-software-market-revenue-in-lithuania
Statista. "Revenue of the enterprise resource planning software market in Lithuania from 2020 to 2029 (in million U.S. dollars)." Chart. September 12, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/966886/erp-software-market-revenue-in-lithuania
Statista. (2024). Revenue of the enterprise resource planning software market in Lithuania from 2020 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/966886/erp-software-market-revenue-in-lithuania
Statista. "Revenue of The Enterprise Resource Planning Software Market in Lithuania from 2020 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 12 Sep 2024, https://www.statista.com/forecasts/966886/erp-software-market-revenue-in-lithuania
Statista, Revenue of the enterprise resource planning software market in Lithuania from 2020 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/966886/erp-software-market-revenue-in-lithuania (last visited November 21, 2024)
Revenue of the enterprise resource planning software market in Lithuania from 2020 to 2029 (in million U.S. dollars) [Graph], Statista, September 12, 2024. [Online]. Available: https://www.statista.com/forecasts/966886/erp-software-market-revenue-in-lithuania
