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.
For more information on the displayed data, use the info button right next to the boxes.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update:
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update:
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update:
Source: Statista Market Insights
Most recent update:
Source: Statista Market Insights
The Enterprise Resource Planning (ERP) software market in Chile has been experiencing significant growth in recent years due to various factors.
Customer preferences: Chilean companies are increasingly adopting ERP software to streamline their business operations and improve efficiency. The demand for cloud-based ERP solutions has also been on the rise, as companies seek more flexible and cost-effective options. Additionally, there is a growing preference for ERP systems that offer mobile access and data analytics capabilities.
Trends in the market: One of the major trends in the Chilean ERP software market is the increasing adoption of Software as a Service (SaaS) solutions. This is due to the many benefits that SaaS offers, including lower upfront costs, easier implementation, and automatic updates. Another trend is the integration of artificial intelligence and machine learning into ERP systems, which can help companies automate tasks and make more informed decisions.
Local special circumstances: The Chilean government has been actively promoting the adoption of technology in businesses, which has contributed to the growth of the ERP software market. Additionally, the country's stable political and economic environment has made it an attractive destination for foreign investment, leading to increased competition in the ERP software market.
Underlying macroeconomic factors: Chile's economy has been growing steadily in recent years, driven by strong domestic demand and increasing exports. This has created a favorable business environment for companies of all sizes, including those looking to implement ERP software. Additionally, the country's strong IT infrastructure and highly skilled workforce have made it an ideal location for technology companies to operate.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update:
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
Data coverage:
The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).Modeling approach / Market size:
The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.Forecasts:
We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update:
Source: Statista Market Insights
These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)