The global enterprise software market size was over $360 billion in 2018, and the demand is estimated to grow with a progressive CAGR of 6% during the forecast period 2019-2025, according to a fresh market research report from IndustryARC. This report covers Enterprise Software Market Size by Product and applications, Enterprise Software market share by top 5 companies and also the market share by start-ups during the forecast period. The analyst of the report highlights the growing used of enterprise software in various end-use industries such as healthcare, manufacturing, and IT & telecommunication as primary growth drivers of the enterprise software market.
Enterprise Software Market Product Analysis:
Enterprise software’s overwhelming features play a vital role in managing business operations and customer relations. The business process management platform is emerging significantly by providing constant pioneering solutions to retain the ever-changing business needs. Enterprise content management (ECM) systems have effective control of an organization and on its business management processes. ECM software helps to store, organize, and manage large amounts of data securely through several file types. IT service management is a domineering solution for an organization to gain an enriched return on investment through excellent IT services. Supply chain management, customer relationship management, enterprise resource planning, and business intelligence are the majorly used application software. Enterprise software is extensively used in a diverse range of end-use industries such as healthcare, manufacturing, IT & telecommunication, transportation, and media & entertainment. SAP, IBM, Microsoft, and Adobe expended billions to acquire enterprises which provides security, cloud, and software development tools
View Full Table of Contents of Enterprise Software Market:
Enterprise Software Market Companies: Latest Developments
• SAP, Oracle, Microsoft, Infor, Kronos, IBM, Adobe, SalesForce, Amazon, DassaultSystemes, FIS, Dell EMC are some of the key players holding major shares in the enterprise software market.
Enterprise Software Market Segment Analysis:
• Marketing or customer relationship management (CRM) segment is currently the leading segment in the enterprise software market and is estimated to grow at a notable CAGR of 5% over a forecast period 2019 – 2025. Intuitive CRM software is attracting top players to boost their inbound sales.
• On the basis of geographical analysis provided in the IndustryARC report, North America occupies a large share that is about 25% among all regions in the global enterprise software market.
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A. On-premise Enterprise Application Software Market
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