Denmark ERP Software 2009 Vendor Shares and 2010-2014 Forecast

The Danish ERP software market went into negative growth in 2009 for the first time since the dot-com crisis. The market dropped by 4.2%.

"We expect that there will be a release of pent-up demand over the forecast period, and a modest recovery has already started in 2010. From 2011 we expect relatively strong ERP market growth rates based on pent-up demand," said Per Andersen, managing director, IDC Nordic.

IDC expects the Danish ERP software market to grow by a compound annual growth rate of 4.6% between 2010 and 2014.