Australia ERP Software Market is expected to reach 7.11 billion by 2030

The rising digitalization, increase in the service market, and rising initiatives by key market players are driving the growth of the Australia ERP Software Market.

The Australia ERP Software Market size was valued at 930.2 million in 2024 and is predicted to reach USD 1170.6 million by 2030, with a CAGR of 3.6% from 2025 to 2030.

The growing service industry driven by the adoption of advanced solutions to manage their operations and improve workflows. As more and more industries continue to expand in Australia, ERP systems are becoming essential for making informed decisions and to stay competitive in the market. The World Bank Group states that Australia service sector accounted for a substantial 64.2% of the nation's GDP in 2023. The Australia ERP software market growth in the service sector boosts the market expansion in Australia, making ERP software an important part of the industry.

Also, the growing digitalization in Australia, driven by rise in the investment by both the public and private sector, drives the market expansion. With the shift toward digital technology, the need for advanced software to efficiently record and manage task for smooth function of workplace drives the need for ERP software, expanding the market in the country.

Moreover, the rising initiative by key players to provide customized solutions that address specific regional business needs. These companies offer ERP systems designed for Australian businesses to meet industry-specific requirements. For example, Pronto Software launched its new ERP solution Pronto Xi 780 that features improved user experience, enhanced analytics capabilities, and better automation to streamline processes and optimize workflows. As more companies participate in innovation and industry, the ERP market is poised to grow in the future, leading to the expansion of the market in the country.

However, the complexity in integration of ERP solutions with existing systems presents a significant barrier to the growth of the ERP software market that disrupt daily business operations, discouraging businesses from adopting new ERP systems.

On the contrary, the adoption of artificial intelligence in ERP software is poised to future opportunities in the market, enhancing decision making and reducing manual errors, driving efficiency across business functions. AI, integrated with ERP software, is anticipated to reduce repetitive task while also minimizing human errors, allowing companies to take data driven decisions on time. 

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According to the report, the top players operating in the Australia ERP software industry include Microsoft Corporation, SAP SE, Oracle NetSuite, Salesforce, Inc., Xero Limited, Sage Group, MYOB Australia Pty Ltd, Workday, Inc., ECI Software Solutions, Odoo, CIBIS International Pty Limited, Abel Software Limited, Q6 Pty Ltd., Pronto Software Limited, Asana, Inc., and others.

For instance, in March 2024, Workday launched its integrated payroll solution in Australia for all sized businesses. The ERP system integrates with its ERP suite to enhances operational efficiency, and automating other tasks.

Moreover, in July 2024, MYOB partnered with Acumatica launch its cloud ERP solutions in Australia and New Zealand. This collaboration aims to enhance medium sized companies with advanced ERP software, enhancing their operational efficiency.

Also, in April 2024, Xero Limited partnered with Deputy merging workforce management and payroll processes for SMEs in Australia. This collaboration aims to offer connect timesheets, payroll, and employee management.

Additionally, in March 2024, Oracle Fusion Cloud ERP partnered with Australian Government to enhance financial processes across 51 agencies, aiming to standardize operations, improve efficiency, and support digital transformation in response to growing Australia ERP software market demands.

Furthermore, in August 2023, Xero launched Planday for the hospitality sector. It offers AI-driven tool and real-time assistance to improve efficiency of businesses.

In addition, in March 2022, Xero opened its new Australian headquarters in Melbourne. The expansion was aimed to strengthen its presence in the region while also providing both the SME and Large industries various ERP software to automate their operations efficiently.

Key Insights from the Space Robotics Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on the Australia ERP software market is provided in the report.

• The value chain analysis in the Australia ERP software market study provides a clear picture of the roles of each stakeholder.

• The Australia ERP software market share of the players along with their competitive analysis are provided in the report.