Enterprise Resource Planning Software - Pakistan

Pakistan's Enterprise Resource Planning Software market is projected to reach a revenue of US$79.27m in 2024.
The market is expected to show an annual growth rate (CAGR 2024-2029) of 15.76%, resulting in a market volume of US$164.80m by 2029.
The average Spend per Employee in the Enterprise Resource Planning Software market is projected to reach US$0.96 in 2024.
In global comparison, United States is expected to generate the most revenue, reaching a staggering US$26.70bn in 2024.
Pakistan's growing technology sector is driving increased demand for Enterprise Resource Planning software in the country.

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.

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 (ERP) Software market in Pakistan has been experiencing steady growth in recent years, driven by several factors including customer preferences, local special circumstances, and underlying macroeconomic factors.

Customer preferences: Businesses in Pakistan are increasingly recognizing the benefits of ERP software, such as increased efficiency, streamlined processes, and improved decision-making capabilities. As a result, there has been a growing demand for ERP solutions across various industries, including manufacturing, retail, and healthcare.

Trends in the market: One of the key trends in the ERP software market in Pakistan is the adoption of cloud-based solutions. Cloud-based ERP software offers several advantages over traditional on-premises solutions, such as lower upfront costs, easier scalability, and improved accessibility. This trend is expected to continue as more businesses in Pakistan look to modernize their operations and leverage the benefits of cloud technology.Another trend in the market is the increasing focus on mobile ERP solutions. With the rise of remote work and the need for real-time data access, businesses are looking for ERP solutions that can be accessed from anywhere, at any time. This has led to a growing demand for mobile ERP solutions that enable employees to access critical business data from their smartphones and tablets.

Local special circumstances: Pakistan has a large and growing population, with a significant portion of the population being young and tech-savvy. This has created a favorable environment for the growth of the ERP software market, as businesses look to leverage technology to stay competitive in the market.In addition, Pakistan is home to a large number of small and medium-sized enterprises (SMEs), which make up a significant portion of the country's economy. These businesses often have limited resources and are looking for cost-effective solutions to improve their operations. ERP software can provide SMEs with the tools they need to streamline their processes, reduce costs, and improve their bottom line.

Underlying macroeconomic factors: Pakistan's economy has been growing steadily in recent years, driven by factors such as rising consumer spending, increased foreign investment, and government initiatives to promote economic growth. This has created a favorable environment for businesses in the country, including those in the ERP software market.In addition, the government of Pakistan has been taking steps to promote the adoption of technology in the country, including the launch of initiatives such as the Digital Pakistan Vision. These initiatives are aimed at promoting the use of technology across various sectors of the economy, including the business sector, which is expected to drive further growth in the ERP software market.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Imagine a world without the apps you use daily, the games you enjoy, or the websites you rely on. Software development is the invisible hand behind this digital magic, transforming ideas into the tools that shape our lives. Software development is the process of creating, designing, deploying, and supporting software. It includes all the computer activities between the software's conception and final manifestation.

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.