Blockchain In Enterprise Resource Planning ERP Market Analysis: Key Trends, Share, Growth Drivers And Forecast 2025-2034
The Business Research Company's Blockchain In Enterprise Resource Planning (ERP) Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, May 26, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034
What has been the growth trend in the blockchain in ERP market?
The blockchain in ERP market has witnessed exponential growth in recent years, escalating from a value of $5.05 billion in 2024, to an impressive $8.35 billion in 2025. This growth, at a compound annual rate CAGR of 65.3%, can be ascribed to increasing acceptance of blockchain technology, ramped-up demand for decentralized apps, introduction of new blockchain systems and protocols, and the rise in uptake of cloud services.
What future growth can be expected in the blockchain in ERP market?
Looking towards the future, the blockchain in ERP market size is projected to exhibit boon-like growth. It is expected to burgeon to $61.74 billion in 2029, at a compound annual growth rate CAGR of 64.9%. Factors contributing to this expansion include a rise in the need for fraud prevention measures, growing awareness of data protection, increasing demand for digital identity, and high penetration of cloud services. Key trends in the forecast period involve advancements in the adoption of blockchain technology, artificial intelligence's integration into blockchain systems, innovation in non-fungible tokens, and integration of artificial intelligence and machine learning technology into ERP.
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How is the rising trend of fraud losses impacting the market?
The escalation in fraud losses is anticipated to be a significant driver for the growth of the blockchain in ERP market in future years. Fraud losses, leading to financial damages, are induced by dishonest activities, including scams, identity theft, and fraudulent dealings. The steady increase in fraud losses can be blamed on cybercriminals using advanced techniques, such as AI-driven attacks and deepfakes, to sidestep traditional security measures. Blockchain in ERP assists in preventing fraud losses by providing a transparent, immutable, decentralized ledger for recording all transactions. This technology ensures that data is tamper-proof, rendering it practically impossible for fraudulent activities to alter or manipulate financial records. Reflecting this, according to the Federal Trade Commission, a US government agency, in February 2024, over $10 billion in fraud losses were reported for the first time in 2023, indicating a 14% increase on 2022. Moreover, consumers lost over $4.6 billion due to investment scams in 2023, a 21% increase on 2022 and the highest loss among all categories of fraud. As such, the rising trends in fraud losses are poised to push the blockchain in ERP market forward in the coming years.
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Who are the key industry players in the blockchain in ERP market?
Significant companies operating in the blockchain in ERP market include Microsoft Corporation, Verizon Communications Inc., Huawei Technologies Co. Ltd., Accenture Plc, International Business Machines Corporation, Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, Oracle Corporation, SAP SE, Infosys Limited, Inetum Group, Synergix Technologies Pte Ltd, Vechain Ltd, Sage Software Solutions Pvt Ltd., ConsenSys Software Inc., Chainstack, Monax Industries Inc., Geoprise Technologies Corporation, Wakuu Enterprises Inc, and JAMALI TECHNOLOGIES Inc.
What are the emerging trends observed in the market?
Major companies in the blockchain in ERP market are now focusing on creating advanced systems such as post-quantum cryptography-based ERP systems. These state-of-the-art systems are designed to safeguard data from future quantum threats and bolster the resilience of business operations. Wakuu Enterprises Inc., for example, launched Muvor, a blockchain-powered ERP system in April 2023. The innovative platform is designed to transform business operations by providing a secure and efficient base that ensures data integrity, transparency, and efficiency, while offering an array of functionalities like point-of-sales management, customer relationship management, equipment management, payroll, and product life cycle management, enabling tracking of all supply chain transactions.
What are the key segments in the blockchain in ERP market?
The principal components of blockchain in ERP include platforms and services. Blockchain in ERP utilizes decentralized ledgers to enhance transparency, security, and operational efficiency in business operations. Available as public, private, or hybrid types, it caters to various enterprise sizes, including small to medium-sized enterprises and large enterprises. Application areas range from supply chain and logistics management to financial management, auditing, identity, and access management, payment systems, among others. Various industry verticals benefit from this technology, including banking, financial services and insurance, retail and e-commerce, manufacturing, supply chain and logistics, healthcare, etc.
What have been the regional insights in the blockchain in ERP market?
In terms of the regional landscape, North America stood as the largest player in the blockchain in ERP market in 2024. The report provides coverage for several other regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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