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Global Enterprise Application Market industry valued approximately USD 140.83 billion in 2016 is anticipated to grow with a healthy growth rate of more than 9.21% over the forecast period 20172025. The major factors driving the growth are growing requirements for access to data in realtime, upandcoming concepts such as BYOD Bring Your Own Devices and increasing adoption of both mobile and cloudbased applications. Additionally, organizations are progressively adopting customeroriented approach reason being the better efficiency and productivity of an enterprise.
The objective of the study is to define market sizes of different segments countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and subsegment of the market are explained below:
Content Management Systems
Enterprise Resource Planning
Supply Chain Management
Business Process Management
Banking, Financial Services, and Insurances BFSI
Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year 2015
Base year 2016
Forecast period 2017 to 2025
Some of the key manufacturers involved in the market are Microsoft Corp., QAD Inc., Hewlett Packard Enterprise, IFS AB, SAP SE, Oracle, Epicor Software Corp., and Infor. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and focuses on continuous technology innovations are also strategies adopted by the major players. The companies are also trying to dominate the market by investing in research and development.
Target Audience of the Enterprise Application Market Study
Key Consulting Companies Advisors
Large, mediumsized, and small enterprises
ValueAdded Resellers VARs
Thirdparty knowledge providers
Original Article: Global Enterprise Application Market Size Study, by Solution Content Management Systems, Enterprise Resource Planning, Business Intelligence, Supply Chain Management, Business Process Management, Others, by Deployment Model, by Vertical IT Telecom, BFSI,NEXT ARTICLE
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