Enterprise Resource Planning Software Developers in Australia - Market Research Report (2014-2029)
Melbourne, Australia
Last Updated: July 2024
ANZSIC OD5609
Spotlight Report Revenue
$4.8bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
11,025
Businesses
796
Wages
$X.Xbn
Enterprise Resource Planning Software Developers in Australia industry analysis
The industry has benefited from businesses embarking on digital transformations over the past few years. Businesses of all sizes across Australia have recognised the advantages of integrating their operations using an ERP system. This allows them to automate essential processes, including finance, HR, supply chain and inventory management, to improve efficiency and data accuracy. Industry revenue is expected to have grown at an annualised 14.0% over the five years through 2024-25 to total $4.8 billion, backed by robust demand from various sectors. This includes anticipated revenue growth of 4.0% in the current year.
Trends and Insights
- Developers have witnessed robust growth on the back of skyrocketing demand. Australian businesses have sought generic and custom ERP solutions to improve their operating efficiencies.
- Cloud-based ERP software has produced significant growth. Several businesses are transitioning from costly on-premises ERP solutions to cloud solutions for their ease of use and convenience.
- New developers face high initial development costs, the need for advanced technical expertise and strong competition from established players. As the market gets more saturated, entry barriers are going to strengthen.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 14.0 % over the past five years, to reach an estimated $4.8bn in 2024.
Trends and Insights
Widespread digital transformation across businesses is upping ERP software sales
- Strong demand has been boosting the industry’s performance.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
A continued rise in the number of Australian businesses is set to fuel industry expansion
- Ongoing digital transformations and an expanding number of businesses in Australia will push up spending on ERP software, providing continued growth for the industry.
Biggest companies in the Enterprise Resource Planning Software Developers in Australia
There are no companies that hold a large enough market share in the Enterprise Resource Planning Software Developers in Australia industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including On-premises ERP software, Cloud ERP software and Hybrid ERP software. On-premises ERP software is the largest segment of the Enterprise Resource Planning Software Developers in Australia.
Trends and Insights
Demand for cloud ERP software has surged due to its greater convenience for businesses
- Cloud ERP software is an ERP system hosted on the cloud, accessible via the internet, offering modules for various business functions like finance, HR and supply chain management.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Computer and Software Retailing in Australia
- Cloud Hosting and Data Processing Services in Australia
International industries
- Business Analytics & Enterprise Software Publishing in the US
- CRM System Providers in the US
- Software Publishing in the UK
- Software Development in China
Table of Contents
About this industry
Industry definition
This industry includes companies that offer enterprise resource planning (ERP) platforms to integrate internal and external management information across an entire organisation, like finance and accounting, manufacturing, sales and service, and customer relationship management.
What's included in this industry?
Cloud ERP softwareHybrid ERP softwareOn-premises ERP softwareCompanies
Purchase this report to view all major companies in this industry.
Related Terms
CLOUD COMPUTINGSOLID-STATE DRIVEMACHINE LEARNINGIndustry Code
ANZSIC 5420 - Enterprise Resource Planning Software Developers in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Developers have witnessed robust growth on the back of skyrocketing demand. Australian businesses have sought generic and custom ERP solutions to improve their operating effi...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Factors that influence volatility in the industry
- Key success factors for businesses to overcome volatility
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Cloud-based ERP software has produced significant growth. Several businesses are transitioning from costly on-premises ERP solutions to cloud solutions for their ease of use ...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Purchase this report to unlock analyst insights.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
New developers face high initial development costs, the need for advanced technical expertise and strong competition from established players. As the market gets more saturat...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Copyright Act 1968 protects ERP software’s code and documentation from unauthorised use. This law ensures developers can safeguard their innovations, maintain competitive...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Industry profit margins are rising due to growing digital transformation, which has driven businesses to adopt ERP software for better operational efficiency. Increased integ...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Enterprise Resource Planning Software Developers industry in Australia in 2024?
The market size of the Enterprise Resource Planning Software Developers industry in Australia is $4.8bn in 2024.
How many businesses are there in the Enterprise Resource Planning Software Developers in Australia industry in 2024?
There are 796 businesses in the Enterprise Resource Planning Software Developers industry in Australia, which has grown at a CAGR of 6.3 % between 2019 and 2024.
Has the Enterprise Resource Planning Software Developers industry in Australia grown or declined over the past 5 years?
The market size of the Enterprise Resource Planning Software Developers industry in Australia has been growing at a CAGR of 14.0 % between 2019 and 2024.
What is the forecast growth of the Enterprise Resource Planning Software Developers industry in Australia over the next 5 years?
Over the next five years, the Enterprise Resource Planning Software Developers industry in Australia is expected to grow.
What does the Enterprise Resource Planning Software Developers in Australia include?
Cloud ERP software and Hybrid ERP software are part of the Enterprise Resource Planning Software Developers industry.
How competitive is the Enterprise Resource Planning Software Developers industry in Australia?
The level of competition is high and increasing in the Enterprise Resource Planning Software Developers industry in Australia.
