Norway ERP Software Market by Component (Software, and Services), Deployment (On-Premise, Cloud, and Hybrid), Business Function (Enterprise Asset Management, Financial Management, Human Capital Management, and Others), Application (Manufacturing, BFSI, Healthcare, Retail & Distribution, Government, IT & Telecom, and Others), and End Users (Small & Medium Enterprises, and Large Enterprises) – Trends and Forecast, 2025–2030.
Industry: ICT & Media | Publish Date: 17-Oct-2025 | No of Pages: N/A | No. of Tables: N/A | No. of Figures: N/A | Format: PDF | Report Code : IC3606
Industry Outlook
The Norway ERP Software Market size was valued at USD 1.53 billion in 2024 and is projected to grow to USD 1.74 billion by 2025. Additionally, the industry is expected to continue its growth trajectory, reaching USD 2.47 billion by 2030, with a CAGR of 7.33% from 2025 to 2030.
The Norway ERP software market is the eleventh-largest in the region, and is experiencing strong ERP adoption fuelled by rapid growth in the construction sector valued at USD 65.32 billion in 2024 and projected to hit USD 75.84 billion by 2025, which demands digital tools to streamline complex project workflows. Government investment of USD 275 million in digital infrastructure announced in May 2024 further supports ERP expansion by promoting digitalization and improving cybersecurity across sectors. However, limited local ERP vendors and inconsistent municipal regulations pose adoption challenges, especially for SMEs. Meanwhile, the integration of IoT technology exemplified by Epicor Kinetic 2025is creating new opportunities for ERP growth by enhancing real-time monitoring, predictive maintenance, and operational efficiency across key industries.
Surge in Construction Sector Boosts the Norway ERP Software Market Demand
Norway, the eleventh-largest ERP software market in the region, is witnessing accelerated adoption driven by its growing construction industry. Valued at USD 65.32 billion in 2024 and projected to reach USD 75.84 billion by 2025, the construction sector is fuelling the need for advanced digital tools. As construction firms navigate increasingly complex workflows involving budgeting, procurement, and regulatory compliance, integrated ERP systems are becoming essential. These platforms help streamline coordination across project stages, improve decision-making, and enhance operational efficiency, especially as infrastructure investments continue to rise.
Government Investment Drives the Norway ERP Software Market Expansion
The Norwegian government’s commitment to national digitalization is significantly supporting growth in the ERP software market. In May 2024, a USD 275 million investment was announced to modernize digital infrastructure and enhance public sector services. This strategic initiative is fostering a favourable environment for ERP implementation by promoting digital competence, improving cybersecurity, and encouraging user-centric service delivery. The push for digital governance across both public and private sectors is accelerating ERP adoption as organizations seek integrated solutions to manage complex operations and regulatory demands.
Limited Local Vendors Barriers ERP Adoption
Despite rising interest in ERP systems, the Norwegian market faces constraints due to the limited number of local ERP vendors. This scarcity results in higher implementation costs as companies rely on international providers for solutions and support. These increased expenses be a major barrier for small and mid-sized businesses. Additionally, inconsistent regulatory requirements across municipalities complicate the standardization and scalability of ERP systems, making it harder for organizations to deploy unified solutions across multiple regions.
IoT Integration Drives Growth Opportunities in ERP Systems
The integration of Internet of Things (IoT) technology with ERP systems is rapidly emerging as a key growth catalyst, offering real-time data visibility and enhanced operational control. IoT-enabled ERP platforms enable businesses to track inventory, monitor equipment performance, and forecast maintenance needs greatly improving operational efficiency in sectors such as manufacturing and logistics. In March 2025, Epicor Software Corporation introduced Epicor Kinetic 2025, a next-generation ERP solution featuring advanced IoT capabilities for real-time monitoring and predictive maintenance in manufacturing environments. This innovation underscores the transformative impact of IoT on ERP functionality and highlights the rising demand for intelligent, connected enterprise solutions.
Competitive Landscape
The market players operating in the Norway ERP software industry include SAP SE, Microsoft Corporation, Oracle NetSuite, Rockwell Automation, Workday, Inc., ECIT, Confirma Software, Deltek, Inc., RamBase, OnClick Technologies, Infor, Unit4, Visma, Xledger, and Centiga and others.
Norway ERP Software Market Key Segments
By Component
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Software
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Service
By Deployment
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On Premise
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Cloud
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Hybrid
By Business Function
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Enterprise Asset Management (EAM)
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Record Assets (Asset Mgmt)
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Analytics & BI
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Disposal of Assets
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Others
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Financial Management System
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Core Financials
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Corporate Performance Mgmt (CPM)
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Financial Consolidation
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Others
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Human Capital Management (HCM)
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Talent Management
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Administrative HR
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Workforce Management
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Others
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-
Manufacturing and Operations
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Production Planning and Scheduling Products
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Production Ops and Control Products
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Manufacturing Information Mgmt Products
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Others
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Supply Chain Management (SCM)
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Inventory management
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Warehouse management
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Transportation management
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Procurement
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Contract Management
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Others
By Application
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Manufacturing
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BFSI
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Healthcare
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Retail & Distribution
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Government
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IT & Telecom
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Construction
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Aerospace Defense
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Other Industries
By End Users
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Small and Medium-Sized Enterprise
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Large Enterprise
Key Players
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Microsoft Corporation
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Oracle NetSuite
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Rockwell Automation
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ECIT
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Confirma Software
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Deltek, Inc.
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RamBase
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OnClick Technologies
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Infor
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Unit4
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Visma
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Xledger
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Centiga
Report Scope and Segmentation
|
Parameters |
Details |
|
Market Size in 2025 |
USD 1.74 Billion |
|
Revenue Forecast in 2030 |
USD 2.47 Billion |
|
Growth Rate |
CAGR of 7.33% from 2025 to 2030 |
|
Analysis Period |
2024–2030 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
15 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
About the Author
Sikha Haritwal is a researcher with more than 3 years of experience. She has been keeping a close eye on several industry verticals, including Banking, Financial Services, and Insurance (BFSI), personal care products, and consumer electronics. She has avid interest in writing news articles and hopes to use blog as a platform to share her knowledge with others. When she is not following industry updates and trends, she spends her time reading, writing poetry, cooking, and photography.
About the Reviewer
Supradip Baul is the CEO and Founder of Next Move Strategy Consulting, driving the firm’s mission to provide data-driven insights and strategic intelligence. With extensive experience in market research and consulting, he has helped global organizations make informed decisions and achieve sustainable growth.
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