The Enterprise Resource Planning (ERP) market has been viewed as mature for some time, but there is still plenty of room for innovation. Driving ERP market growth over the next 5 years will be acquisitions, emerging markets like China, penetration of new industries, increasing maintenance revenues, and exchange rate movements. The ERP market is currently worth $18bin, and is expected to grow at a compounded annual growth rate of 6.7 percent, to reach $25bn by 2011.
Source: ARC Advisory Group, http://arcweb.com