Report Description

The India enterprise resource planning market is expected to witness a growth of robust CAGR in the forecast period, FY2024-FY2028. The market is driven by the increased demand for effective and affordable solutions among the organizations to optimize and streamline operations. The ongoing digitization trend of the public and private institutions and government policies supporting the growth of the IT industry are accelerating the demand for enterprise resource planning software. Also, the rise in operational efficiency and transparency in business processes and the growing popularity of mobile and cloud-based applications are expected to influence the market demand over the next five years.

The Ongoing Digitization Drives the Market Demand

India has the presence of more than half a billion internet subscribers, and it is one of the largest and fastest-growing bases of digital consumers. Due to high-speed internet facilities all over the country and the advancements in digital solutions, the change in prominent sectors of the country is evident. Also, the government of India boosts the development of small and medium-sized enterprises by launching several initiatives under the Atmanirbhar Bharat scheme. Also, in the union budget, the government has tried to support the Digital India mission and has emphasized the importance of technology in all focus areas like skills and infrastructure. 

A strong economic position and the massive number of ongoing business activities have accelerated the adoption of digital platforms in enterprises. The outbreak of COVID-19 further shifted the organizations to work on digital platforms. Enterprises are constantly looking for solutions that can help them achieve the required operational efficiency and transparency in the business processes while not burden the organizations financially. They look for a centralized solution to handle a variety of businesses, and the enterprise resource planning software proves to be an ideal solution. Sales and marketing, finance and accounting, human resource management, and supply chain management can be easily managed under a single platform by enterprise resource planning software. The companies usually hire third-party solutions to manage the data entered in the enterprise resource planning software, which further improves the operational efficiency of an organization. Therefore, the rise in awareness about the possible benefits of installing enterprise resource planning software is expected to fuel the market growth over the next five years.

Integration of Big Data and Analytics Solution in Software Supports the Market Growth

The new treasure is data that organizations are collecting from every possible source. Organizations collect huge amounts of data for their day-to-day operations. Enterprises are looking for solutions that can handle such a variable and huge volume of data and help organizations to make informed decisions. Big data and analytics technology is expected to create new growth avenues for the India enterprise resource planning market as there is high demand for analytics-based solutions. Analytics technology will help the organizations gain real-time insights, real-time logistics and supply chain management, and analysis of the quality of the production volume. The continuous launch of novel enterprise resource planning solutions by the market players integrated with advanced technologies is expected to accelerate the market growth over the next five years.


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Market Segmentation

The India Enterprise resource planning market is segmented into component, deployment type, function, end user, enterprise, regional distribution, and competitive landscape. Based on component, the market is divided into software and services. Based on deployment type, the market is bifurcated into on-premises and cloud. Based on function, the market is divided into finance, human resource, customer management, inventory management, supply chain, others. Based on end user, the market is divided into manufacturing, BFSI, healthcare, retail, government & utilities, IT & telecom, and others. Based on enterprise, the market is divided into medium, large, and small. The market is also studied on the basis of regional distribution and the regions are majorly divided into north, east, south, and west.

Market Players

IBM India Pvt Ltd, SAP India, Oracle India Private Limited, The Sage Group India, Microsoft India Private Limited, Infor (India) Private Limited, Epicor Software India Private Limited, ESI Software (India) Private Limited, Workday, Inc., Syspro Software Company, are the major market players operating in the India enterprise resource planning market.

Attribute

Details

Base Year

FY2022

Historic Data

FY2018 – FY2021

Estimated Year

FY2023

Forecast Period

FY2024 – FY2028

Quantitative Units

Revenue in USD Million, and CAGR for FY2018-FY2022 and FY2023-FY2028

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Component

·         Deployment Type

·         Function

·         End User

·         Enterprise

Region scope

North, East, West, South

Key companies profiled

IBM India Pvt Ltd, SAP India, Oracle India Private Limited, The Sage Group India, Microsoft India Private Limited, Infor (India) Private Limited, Epicor Software India Private Limited, ESI Software (India) Private Limited, Workday, Inc., Syspro Software Company

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, India enterprise resource planning market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • India Enterprise resource planning Market, By Component:
    • Software
    • Services
  • India Enterprise resource planning Market, By Deployment Type:
    • On-Premises
    • Cloud
  • India Enterprise resource planning Market, By Application:
    • Finance
    • Human Resource
    • Customer Management
    • Inventory Management
    • Supply Chain
    • Others
  • India Enterprise resource planning Market, By End User:
    • Manufacturing
    • BFSI
    • Healthcare
    • Retail
    • Government & Utilities
    • IT & Telecom
    • Others
  • India Enterprise resource planning Market, By Region:

o   North

o   East

o   South

o   West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India enterprise resource planning market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Enterprise resource planning Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected] 

Table of content

1.     Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on India ERP Market

4.    Executive Summary

5.    Voice of Customers

6.    India ERP Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Component (Software and Services)

6.2.2.     By Deployment Type (On-Premises and Cloud)

6.2.3.     By Function (Finance, Human Resource, Customer Management, Inventory Management, Supply Chain, Others)

6.2.4.     By End User (Manufacturing, BFSI, Healthcare, Retail, Government & Utilities, It & Telecom, Others)

6.2.5.     By Enterprise (Medium, Large and Small)

6.2.6.     By Region

6.2.7.     By Company (2022)

6.3.  Market Map

7.    India ERP Finance Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value 

7.2.  Market Share & Forecast

7.2.1.     By Component

7.2.2.     By Deployment Type

7.2.3.     By End User

7.2.4.     By Enterprise

7.2.5.     By Region

8.    India ERP Human Resource Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value 

8.2.  Market Share & Forecast

8.2.1.     By Component

8.2.2.     By Deployment Type

8.2.3.     By End User

8.2.4.     By Enterprise

8.2.5.     By Region

9.    India ERP Customer Management Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value 

9.2.  Market Share & Forecast

9.2.1.     By Component

9.2.2.     By Deployment Type

9.2.3.     By End User

9.2.4.     By Enterprise

9.2.5.     By Region

10.  India ERP Inventory Management Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value 

10.2.              Market Share & Forecast

10.2.1.  By Component

10.2.2.  By Deployment Type

10.2.3.  By End User

10.2.4.  By Enterprise

10.2.5.  By Region

11.  India ERP Supply Chain Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value 

11.2.              Market Share & Forecast

11.2.1.  By Component

11.2.2.  By Deployment Type

11.2.3.  By End User

11.2.4.  By Enterprise

11.2.5.  By Region

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Policy & Regulatory Landscape

15.  India Economic Profile

16.  Company Profiles

16.1.  IBM India Pvt Ltd

16.2.  SAP India

16.3.  Oracle India Private Limited

16.4.  The Sage Group India

16.5.  Microsoft India Private Limited

16.6.  Infor (India) Private Limited

16.7.  Epicor Software India Private Limited

16.8.  ESI Software (India) Private Limited

16.9.  Workday, Inc.

16.10.            Syspro Software Company

17. Strategic Recommendations

Figures and Tables

Frequently asked questions

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The increased demand for effective and affordable solution among the organizations and the digitization trend is driving the market demand.

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IBM India Pvt Ltd, SAP India, Oracle India Private Limited, The Sage Group India, Microsoft India Private Limited, Infor (India) Private Limited, Epicor Software India Private Limited, ESI Software (India) Private Limited, Workday, Inc., Syspro Software Company are the key players operating in the India enterprise resource planning market.

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Concerns regarding the confidential data loss and the high implementation cost of ERP solutions may restrain the market growth in the forecast period.

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Based on component, the market is bifurcated into software and services. Software segment is expected to hold the largest market share in the forecast period.

profile

Sakshi Bajaal

Business Consultant
Press Release

India Enterprise Resource Planning (ERP) Market to be dominated by Manufacturing Industry through FY2028

May, 2022

Growing adoption of ERP solutions by organizations and the booming IT industry is expected to drive the demand for the India Enterprise resource planning Market in the forecast period, FY2024-FY2028.