Enterprise Resource Planning Software - Germany

The Enterprise Resource Planning Software market in Germany is expected to witness significant growth in the coming years.
According to projections, the market is anticipated to reach a revenue of US$2.31bn by 2024.
This positive trend is further expected to continue, with an estimated annual growth rate (CAGR 2024-2029) of 3.21%.
By 2029, the market volume is projected to expand to US$2.71bn.
When it comes to the average Spend per Employee in the Enterprise Resource Planning Software market, it is forecasted to reach US$50.64 by 2024.
This indicates a considerable investment in the software industry, reflecting the importance of efficient resource management for businesses in Germany.
In terms of global comparison, United States is expected to generate the highest revenue in the Enterprise Resource Planning Software market, with a projected revenue of US$26.70bn by 2024.
This highlights the dominance of the US market in this industry.
These figures demonstrate the significant potential and growth opportunities that lie ahead for the Enterprise Resource Planning Software market in Germany.
Germany's strong manufacturing sector has driven the demand for robust ERP software solutions tailored to the country's unique compliance and regulatory requirements.

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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Financial applications, such as QuickBooks, Oracle NetSuite, and Xero
Asset management applications, such as Asset Panda, ManageEngine AssetExplorer, and GoCodes
Procurement software, such as SAP Ariba, Kissflow, and Procurify
Resource planning, such as Smartsheet, Float, and Hub Planner

SCM Software, such as Anvyl, Tada, and Magaya Supply Chain
BI software, such as Microsoft Power BI, SAS Business Intelligence, and MicroStrategy
CRM software, such as Salesforce Sales Cloud, Monday sales CRM, and HubSpot CRM

The Enterprise Resource Planning Software market in Germany has been experiencing steady growth in recent years.

Customer preferences: German companies value efficiency and productivity, and Enterprise Resource Planning (ERP) software helps them achieve these goals. The software is used to streamline business processes, automate tasks, and provide real-time data insights. German companies also prioritize security and data protection, which is why many ERP providers offer on-premises solutions.

Trends in the market: One trend in the German ERP market is the adoption of cloud-based solutions. Companies are increasingly moving away from on-premises solutions and towards cloud-based ERP systems. This is due to the flexibility, scalability, and cost-effectiveness of cloud-based solutions. Another trend is the integration of artificial intelligence (AI) and machine learning (ML) into ERP software. These technologies can help companies automate tasks, improve decision-making, and gain valuable insights from data.

Local special circumstances: Germany has a strong manufacturing industry, and many ERP solutions are tailored to the needs of manufacturing companies. Additionally, German companies prioritize compliance with local regulations, such as the General Data Protection Regulation (GDPR). This means that ERP providers must comply with strict data protection laws in order to operate in the German market.

Underlying macroeconomic factors: Germany has a strong economy and is home to many large companies. This means that there is a large market for ERP software, as companies seek to improve efficiency and productivity. Additionally, the COVID-19 pandemic has accelerated the adoption of digital technologies, including ERP software. Companies are increasingly relying on remote work and digital solutions, which has led to increased demand for cloud-based ERP systems.

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.

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