The enterprise resource planning (ERP) applications market grew to $25.4 billion in 2005, and will reach $29 billion in 2006, according to AMR Research. Over the next five years, the ERP market will grow at an average of 10 percent.
"The integrated versus best-of-breed debate still goes on in some organizations, but the suite advocates are clearly winning," said Jim Shepherd, senior vice president of research at AMR Research. "In addition, we now see many of the remaining ERP vendors compete effectively with companies of all sizes."
Continuing the trend of fewer vendors owning a larger share of the market, SAP and Oracle now represent 65% of new license sales.
About the market research
AMR Research's "Market Analytix Report Series" provides technology vendors with targeted marketing and competitive information on key application markets of ERP, SCM, CRM, procurement, PLM, and HCM.
Source: 1
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Vote for ERP Software to reach 29 Billion $ in 2006 - AMR:
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