According to Gartner, the overall ERP software market (for both large and midmarket accounts) was $23.8 billion in total software revenue for 2008; with a predicted growth to approximately $24.5 billion by year-end 2009. Given the current economic and business climate, Gartner has a cautious, but still positive, forecast for the ERP software market.
The midmarket ERP market is very fragmented, and is served by hundreds of vendors covering every conceivable geography and industry. Gartner sees an increasing availability of software-as-a-service (SaaS) ERP solutions, and... SaaS ERP is playing an increasingly important role for back-office solutions and front-office applications for midmarket companies.
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