Enterprise Resource Planning Software - South Korea
South Korea- South Korea is expected to see a significant increase in revenue within the Enterprise Resource Planning Software market.
- According to projections, the revenue is set to reach US$818.41m in the year 2025.
- This showcases the country's growing interest and investment in this sector.
- Moreover, it is anticipated that the revenue will continue to grow steadily, with an expected annual growth rate (CAGR 2025-2029) of 3.17%.
- By 2029, the market volume is estimated to reach an impressive US$927.07m.
- When considering the average Spend per Employee in the Enterprise Resource Planning Software market, in South Korea is projected to reach US$27.13 in 2025.
- This figure highlights the financial commitment and dedication of businesses in the country towards implementing and utilizing ERP software to enhance their operations.
- It is worth noting that, in comparison to other countries, United States is set to generate the most revenue within the Enterprise Resource Planning Software market.
- In 2025 alone, the projected revenue for the United States is an impressive US$27.82bn.
- This indicates the dominance and significance of the US market in this particular industry.
- South Korea's adoption of Enterprise Resource Planning software is driven by a strong emphasis on efficiency and streamlining of business processes.
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
