United States $18.14 Bn Enterprise Resource Planning (ERP) Market Competition, Forecasts & Opportunities, 2029F, Driven by Digital Transformation, Increasing Competition, and Operational Efficiency

Dublin, Jan. 02, 2025 (GLOBE NEWSWIRE) — The "United States Enterprise Resource Planning Market, By Region, Competition Forecast & Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com’s offering. The United States Enterprise Resource Planning Market was valued at USD 14.62 Billion in 2023, and is expected to reach USD 18.14 Billion by 2029, rising at a CAGR of 3.51%. The United States Enterprise Resource Planning (ERP) market is experiencing robust growth driven by digital transformation, increasing competition, and the need for operational efficiency among businesses. In 2023, the market was valued significantly, and projections indicate continued expansion as organizations increasingly adopt integrated software solutions to manage various business processes. Key factors contributing to this growth include the rising demand for real-time data analytics, improved decision-making capabilities, and the need for streamlined operations across departments. The shift towards cloud-based ERP solutions is particularly notable, as businesses seek to leverage the scalability, flexibility, and cost-effectiveness that cloud computing offers. Companies are moving away from traditional on-premises solutions, preferring subscription models that reduce upfront costs and allow for easier updates and maintenance. This trend has been accelerated by the COVID-19 pandemic, which necessitated remote work and highlighted the importance of accessible and […]

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