Enterprise Software Market Review, In-Depth Analysis, Research, Forecast to 2023Posted by Vilas MRFR on September 25th, 2019 Market Scenario: Major giants like IBM Corporation, Oracle Corporation and Microsoft Corporation are the market leaders in the enterprise software market and are investing into enterprise software market due to increasing demand from various industry verticals like healthcare, BFSI, manufacturing, IT & telecommunication among others. Increasing need for real time computing of applications is one major factor fueling the growth of enterprise software market. IBM Corporation has partnered with Salesforce in order to integrate their artificial intelligence platforms to deliver enhanced customer service experience. Salesforce’s in-house artificial intelligence technology called Einstein and IBM’s cognitive computing technology Watson will work together with this partnership. North America region holds the largest market share of global enterprise software market followed by Europe and Asia Pacific regions. The growth is North America region is mainly dominated by U.S. and Canada and is attributed to the increasing demand for cloud computing applications and in the region. The region also has a well-established infrastructure which allows implementation of advanced technologies. Enterprise Software Market has been segmented on the basis of type, organization size and vertical. The type segment is further bifurcated into enterprise resource planning (ERP), business intelligence (BI), supply chain management (SCM), customer relationship management (CRM), web conferencing collaboration and others. Out of which, enterprise resource planning and customer relationship management sub segments hold a significant market share owing to its growing number of applications and are also expected to dominate the market share of enterprise software market during the forecast period. Major factor driving the growth of enterprise software market is the growing trend of big data analytics and analytics and cloud computing. Increasing demand for business intelligence and analytics is another major factor driving the growth of enterprise software market. Increasing adoption of database management systems is another factor driving the growth of enterprise software market. The Global Enterprise Software Market is expected to grow at approx. USD 634 Billion by 2023, at 8% of CAGR between 2019 and 2023.
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Key Players: The prominent players in enterprise software market are – Microsoft Corporation (U.S.), IBM Corporation (U.S.), Oracle Corporation (U.S.), Salesforce.Com, Inc. (U.S.), Sap Se (Germany), EMC Corporation (U.S.), Symantec Corporation (U.S.), HP (U.S.), CA Technologies, Inc. (U.S.), VMware, Inc. (U.S.) among others.
Regional Analysis: The regional analysis of enterprise software market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in enterprise software market in North America is attributed to technical advancements and increasing demand for business analytics and intelligence applications across various industry verticals in that region. Segments: Enterprise software market can be segmented on the basis of following: By Type
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TABLE OF CONTENTS 1 MARKET INTRODUCTION 1.1 INTRODUCTION 1.2 SCOPE OF STUDY 1.2.1 RESEARCH OBJECTIVE 1.2.2 ASSUMPTIONS 1.2.3 LIMITATIONS 1.3 MARKET STRUCTURE 2 RESEARCH METHODOLOGY 2.1 RESEARCH TYPE 2.2 PRIMARY RESEARCH 2.3 SECONDARY RESEARCH 2.4 FORECAST MODEL 2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST 2.4.2 MARKET SIZE ESTIMATION 3 MARKET DYNAMICS Continued…….
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LIST OF TABLES TABLE 1 ENTERPRISE SOFTWARE MARKET, BY TYPE TABLE 2 ENTERPRISE SOFTWARE MARKET, BY ORGANIZATION SIZE TABLE 3 ENTERPRISE SOFTWARE MARKET, BY VERTICAL TABLE 4 ENTERPRISE SOFTWARE MARKET, BY REGIONS TABLE 5 NORTH AMERICA ENTERPRISE SOFTWARE MARKET, BY TYPE Continued……
LIST OF FIGURES FIGURE 1 RESEARCH TYPE FIGURE 2 ENTERPRISE SOFTWARE MARKET, BY TYPE (%) FIGURE 3 ENTERPRISE SOFTWARE MARKET, BY ORGANIZATION SIZE (%) FIGURE 4 ENTERPRISE SOFTWARE MARKET, BY VERTICAL (%) FIGURE 5 ENTERPRISE SOFTWARE MARKET, BY REGIONS (%) Continued…… About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services. MRFR team has the prime objective to provide optimum quality market research and intelligence services to our clients. Our market research studies depending on products, services, technologies, applications, end users, and market players for global, regional, and country level market segments enables our clients to know more consequently do more, which gives them answer for their each and every important question. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meeting with industry experts and does industrial visits for its research analyst members. Contact: Market Research Future Office No. 524/528, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com Like it? Share it! More by this author |