South Korea 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 : IC3618
Industry Outlook
The Thailand ERP Software Market size was valued at USD 759.3 million in 2024 and is projected to grow to USD 957.3 million by 2025. Additionally, the industry is expected to continue its growth trajectory, reaching USD 2236.9 million by 2030, with a CAGR of 18.50% from 2025 to 2030.
The market is experiencing strong growth, largely driven by the country’s booming e-commerce sector. As businesses scale operations and optimize logistics, ERP systems are playing a vital role in supporting seamless supply chain management and enhanced customer engagement. Strategic investments, such as AWS’s expansion and the emergence of local ERP providers, are improving accessibility and fostering innovation within the market. However, limitations in IT infrastructure, especially outside major urban centers, and a shortage of ERP-skilled professionals continue to pose challenges to widespread adoption. The integration of IoT technologies is expected to unlock further opportunities, offering real-time operational insights and efficiency gains across key industries.
E-Commerce Boom Accelerates ERP Market Growth
Thailand holds the third-largest ERP software market in the region, driven by a rapidly expanding e-commerce sector. As of 2025, the e-commerce market will grow at an annual rate of 19%, supported by technological innovation, personalized shopping experiences, and platforms like Lazada that empower businesses with transformative digital tools. This expansion is fuelling the demand for ERP systems to streamline supply chains, manage complex logistics, and improve customer engagement. As online retail becomes increasingly central to Thailand’s economy, ERP adoption has become essential for businesses aiming to scale operations and stay competitive.
Strategic Investments and Local Innovation Bolster the Thailand ERP Software Market Expansion
The ERP market is further bolstered by major strategic investments and the presence of local ERP innovators. Amazon Web Services (AWS) is to launch in the Asia Pacific (Thailand) Region by 2025, investing over USD 5 billion to enhance cloud infrastructure. This initiative is expected to contribute USD 10 billion to Thailand’s GDP and create over 11,000 jobs annually, significantly improving digital capabilities for ERP deployment. Moreover, local ERP provider ERPPOP plans to introduce simplified ERP solutions in 2025, targeting small businesses with streamlined tools for quotation, billing, and inventory management. These efforts are making ERP solutions more accessible, scalable, and adaptable, fostering inclusive growth across industries.
Infrastructure and Talent Gaps Restrict Market Potential
Despite the upward trajectory, Thailand’s ERP market faces several restraints. Limited IT infrastructure in rural and semi-urban areas makes cloud-based ERP deployment challenging for smaller enterprises. Many businesses still rely on manual or semi-automated processes and are reluctant to adopt integrated systems due to cost concerns and perceived complexity. Additionally, the shortage of skilled ERP professionals continues to hinder effective implementation, system customization, and long-term support, posing a barrier to broader digital transformation.
IoT Integration Drives Opportunities for the ERP Market
The integration of Internet of Things (IoT) technology with ERP systems is rapidly becoming a major growth driver, delivering real-time data visibility and advanced operational control. IoT-enabled ERP platforms enable businesses to track inventory, monitor equipment performance, and predict maintenance needs, significantly increasing efficiency in sectors like manufacturing and logistics. In March 2025, Epicor Software Corporation is to introduce Epicor Kinetic2025, a next-generation ERP solution featuring sophisticated IoT capabilities for real-time monitoring and predictive maintenance in manufacturing environments. This innovation underscores IoT’s transformative impact on ERP functionalities and highlights the growing demand for intelligent, connected enterprise solutions.
Competitive Landscape
The market players operating in the Thailand ERP software industry include SAP SE, Microsoft Corporation, Oracle NetSuite, Sage Group plc, Workday, Inc., Rockwell Automation, Tricor Group, IFS, Epicor Software Corp., Acumatica, Inc., Infor, SYSPRO, Yonyou Company Ltd, Nestor Bird, Marketech International Corp and others.
Thailand 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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Sage Group plc
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Rockwell Automation
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Tricor Group
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IFS
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Epicore Software Corp.
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Acumatica,Inc.
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Infor
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SYSPRO
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Yonyou company Ltd
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Nestor Bird
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Marketech international Corp
Report Scope and Segmentation
|
Parameters |
Details |
|
Market Size in 2025 |
USD 957.3Million |
|
Revenue Forecast in 2030 |
USD 2236.9 Million |
|
Growth Rate |
CAGR of 18.50% from 2025 to 2030 |
|
Analysis Period |
2024–2030 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025–2030 |
|
Market Size Estimation |
Million (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 an accomplished business consultant and strategist with over a decade of rich experience in market intelligence, strategy, technology and business transformation. His work has included rigorous qualitative and quantitative analysis across multiple industries, helping clients shape investment decisions and long-term roadmaps. Earlier in his career, he was associated with Gartner, where he contributed to industry-leading reports and market share analyses. He has worked with leading global companies and holds an MBA with a dual specialization in Marketing and Finance.
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