ERP Market Has Hardly Run Out of Gas

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