AMR Research Releases Enterprise Applications Market Sizing Reports
Recently, AMR Research released its enterprise resource planning (ERP), human capital management (HCM), customer relationship management (CRM), product lifecycle management (PLM), and procurement and sourcing market sizing reports.
Highlights from each of the reports include:
Enterprise Resource Planning: ERP vendor revenue across all segments is expected to grow from $28.8B in 2006 to $47.7B by 2011. Core ERP license revenue grew to $9.2B in 2006, an 18% increase over 2005.
Human Capital Management: The human capital management software market, expected to reach $10B in the next five years, is growing twice as fast as the enterprise application market as a whole.
Customer Relationship Management: The CRM market is now dominated by five big vendors -- SAP, Oracle, salesforce.com, Aspect and amdocs. Together, they make up 40% of the market (nearly $3.4B in total revenue for 2005).
Product Lifecycle Management: Despite consolidation, the product lifecycle management market continues to grow at a healthy 9.7% as companies look to streamline new product development and launch (NPDL) processes.
Procurement and Sourcing: The procurement and sourcing market grew 10% in 2005-2006, and is expected to grow 8% each year through 2011. 12 vendors, including Oracle, SAP, Accruent, American Express S2S, and Dun & Bradstreet (D&B) have established themselves as clear leaders, reporting revenue growth of more than 10%.
In addition to these reports, AMR Research will publish market sizing reports on:
- Supply Chain Management
- Manufacturing Operations Software
- Knowledge and Performance Management
- IT Management and SOA
- Retail Applications
For more information about AMR Research's market sizing reports, please visit www.amrresearch.com or call 617-542-6600.
About AMR Research:
Research and Advice that Matters: AMR Research is the No. 1 advisory firm focused on supply chain, enterprise applications, and infrastructure. Founded in 1986, AMR Research provides advisory services and peer networking opportunities to supply chain and technology professionals in
the manufacturing and retail sectors. To learn more about our research and services, visit
www.amrresearch.com.
SOURCE: AMR Research