Singapore ERP Software Market

Singapore ERP Software Market Insights Forecasts to 2035

• The Singapore ERP Software Market Size Was Estimated at USD 315.46 Million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 12.3% from 2025 to 2035
• The Singapore ERP Software Market Size is Expected to Reach USD 1129.6 Million by 2035

According to a research report published by Decision Advisors, the Singapore ERP Software Market Size is Anticipated to reach USD 1129.6 Million by 2035, growing at a CAGR of 12.3% from 2025 to 2035. The market for ERP software in Singapore is mostly driven by the increasing use of cloud-based solutions to manage remote operations, guarantee company continuity, and place a greater focus on data analytics and real-time reporting.

Market Overview

Integrated systems that oversee and automate business procedures within an organisation are referred to as Singaporean Enterprise resource planning software. Enterprise resource planning software is crucial for process optimization for Singapore’s different businesses. It enhances point-of-sale operations, inventory management, customer support, and administrative tasks. ERP is one of the best company management tools available, helping companies increase efficiency with little manual labor and drastically lower labor costs.

The growth of the ERP market is largely due to the aggressive approach taken by the Singaporean government in encouraging innovation and digitalization. Businesses are encouraged to implement ERP systems by several government programs and financing schemes, including the Enterprise Development grant and the Productivity Solutions Grant. The government actively works with partners in the commercial sector to create cutting-edge ERP solutions that are suited to regional business requirements. In future, the cloud-based platforms, hybrid deployment and AI-integrated solutions are expanding. Companies will focus on updating their present on-premises systems or working towards the hybrid platforms, resulting in compliant and competitive.

Report Coverage

This research report categorizes the market for Singapore ERP software market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Singapore ERP software market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Singapore ERP software market.

Driving Factors

The ERP software market in Singapore is driven by the rising demand for solutions that are cloud-based. Cloud-based ERP systems have several benefits, including cost-effectiveness, scalability, and flexibility. They also enable remote work and collaboration and provide real-time data access from any location. reduces initial costs and continuing maintenance costs by doing away with the requirement for substantial on-premise hardware and infrastructure. Data analytics and digital transformation are receiving more attention. To emphasise data-driven decision-making, it is anticipated that demand for ERP systems with sophisticated analytics capabilities would rise.

Restraining Factors

The Singaporean ERP software market is restrained by the cost of implementing and maintaining ERP software can be a significant barrier for many companies, particularly for small and medium-sized enterprises. While the benefits of ERP systems are clear, the upfront and ongoing costs can be a significant financial burden for some organizations, hindering their market in the region.

Market Segmentation

The Singapore ERP software market share is classified into function, deployment, and enterprise size.

• The finance segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Singapore ERP software market is segmented by function into finance, HR, supply chain, and others. Among these, the finance segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by its essential part in decision-making and organisational operations. Managing financial transactions, budgeting, forecasting, and reporting are all under the purview of finance, which is an essential component of every corporation.

• The on-premises segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.  

Based on deployment, the Singapore ERP software market is segmented into on-premises and cloud. Among these, the on-premises segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is driven by a preference for on-premise solutions over cloud-based ones. Organisations have primarily shown a preference for on-premise ERP solutions because of their improved control over data and enterprise resources.

• The large enterprise segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Singapore ERP software market is segmented by enterprise size into large enterprises, medium enterprises, small enterprises. Among these, the large enterprise segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by the large enterprises category is distinguished by a competitive and established environment. Adopting ERP solutions is crucial for maximizing productivity and decision-making due to its large businesses often have complicated organizational structures, numerous operational procedures, and a variety of business units.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Singapore ERP software market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• HashMicro
• Infor
• Synergix
• Matiyas
• JMC Technologies Pte. Ltd.
• KPMG International Limited.
• Epicor
• Tigernix
• Juzapps
• Deskera
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

In September 2025, Epicor, a leader of industry-specific enterprise software to promote business growth, introduced Epicor Prism Business Communications, the industry’s first ERP AI agent with outcomes-based pricing.

In September 2025, Synergix Technologies Pte. Ltd., a leading Singapore-based cloud ERP solutions provider, was acquired by Miroku Jyoho Service Co., Ltd., a publicly listed leader in Japan's enterprise software market.

Market Segment

This study forecasts revenue at the Singapore, regional, and country levels from 2020 to 2035. Decision Advisors has segmented the Singapore ERP Software Market based on the below-mentioned segments:

Singapore ERP Software Market, By Function

• Finance
• HR
• Supply Chain
• Others

Singapore ERP Software Market, By Deployment

• On-Premises
• Cloud

Singapore ERP Software Market, By Enterprise Size

• Large Enterprise
• Medium Enterprise
• Small Enterprise