ERP Software Will Grow to $29 Billion in 2006
Enterprise resource planning (ERP)
applications market grew to $25.4B in 2005, and will
reach $29B in 2006, according to AMR
Research. Over the next five years, the market will grow at an average
of CAGR of 10%. The top two vendors, SAP and Oracle,
now represent 65% of new license sales.
| TOP 5 ERP Vendors | 2006
Estimated Market Share |
Growth
Rate Forecast 2005-06 |
| SAP | 43% | 17% |
| Oracle | 23% | 29% |
| Sage Group | 6% | 10% |
| Microsoft | 4% | 18% |
| SSA Global | 3% | 3% |
| Source: AMR Research (October 2006) | ||
