Press release
Enterprise Application Market 2022-27: Share, Size, Growth, Opportunity and Forecast
According to the latest report by IMARC Group "Enterprise Application Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global enterprise application market reached a value of US$ 249.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 403.9 Billion by 2027, exhibiting a CAGR of 8.24% during 2022-2027.Enterprise application is a complex, scalable, component-based software system used in the corporate environment. It comprises computerized billing systems, online shopping and payment processing, content management, resource planning, application integration, interactive product catalogs, and sales force automation. As it enhances efficiency, flexibility, productivity, automates workflow, and simplifies the information technology (IT) process, an enterprise application is employed in various end-use industries across the globe.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
With the increasing adoption of cloud-based solutions, enterprise applications are gaining immense traction in small and medium-scale enterprises (SMEs) to conduct business operations and processes. Moreover, rapid digitization, rising penetration of high-speed internet, and the emerging trend of bring-your-own-device (BYOD) are creating a positive outlook for the market. Apart from this, the integration of artificial intelligence (AI), the internet of things (IoT), and edge computing technologies are expanding the usage of enterprise applications in the retail, manufacturing, and healthcare sectors around the world.
Breakup by Solution:
Customer Relationship Management
Enterprise Resource Planning
Supply Chain Management
Analytics and Business Intelligence
Human Capital Management
Productivity Tools
Others
Breakup by Organization Size:
Small and Medium Enterprises
Large Enterprises
Breakup by Deployment Mode:
On-premises
Cloud-based
Breakup by End User:
BFSI
Manufacturing and Retail
Healthcare and Pharmaceuticals
IT and Telecommunication
Government
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Fujitsu Limited
Infosys Limited
International Business Machines Corporation
iTransition Group
Microsoft Corporation
Oracle Corporation
Pegasystems Inc.
Salesforce.com Inc.
SAP SE, Software AG
Tata Consultancy Services Limited.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/enterprise-application-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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Contact US
IMARC Group
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Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No (D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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