Enterprise Resource Planning Software - Singapore
Singapore- The Enterprise Resource Planning Software market in Singapore is expected to see significant growth in the coming years.
- According to projections, the revenue in this market is projected to reach US$164.43m in 2025.
- This is a substantial figure that demonstrates the increasing demand for ERP software solutions in the country.
- Furthermore, the market is expected to maintain a steady growth rate.
- With a CAGR of 3.51% between 2025 and 2029, the revenue is predicted to reach US$188.73m by 2029.
- This steady growth indicates a positive outlook for the ERP software market in Singapore.
- An interesting metric to consider is the average Spend per Employee in the Enterprise Resource Planning Software market.
- In 2025, this figure is projected to reach US$44.15.
- This metric provides insights into the level of investment that companies in Singapore are willing to make in order to streamline their operations and enhance productivity.
- When looking at the global landscape, it is noteworthy that United States is expected to generate the highest revenue in the ERP software market.
- In 2025, the projected revenue United States is a staggering US$27.82bn.
- This showcases the dominance of the US market in this segment.
- Overall, the Enterprise Resource Planning Software market in Singapore is poised for growth and presents lucrative opportunities for businesses operating in this sector.
- The projected revenue, steady growth rate, and significant investments in ERP solutions reflect the increasing importance of streamlined business operations in Singapore's competitive market.
- Singapore is experiencing a surge in demand for cloud-based ERP software solutions to enhance productivity and streamline business operations.
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
