Press release
Enterprise Software Market 2017-2023 Estimated to Grow with a Healthy CAGR During Forecasts Period
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 2017 and 2023.
Get Sample Report @ https://www.marketresearchfuture.com/sample_request/2442
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.
Segments:
Enterprise software market can be segmented on the basis of following:
By Type
• Enterprise Resource Planning (ERP)
• Business Intelligence (BI)
• Supply Chain Management (SCM)
• Customer Relationship Management (CRM)
• Web Conferencing Collaboration
• Others
By Organization Size
• SMEs
• Large Enterprises
By Vertical
• BFSI
• Healthcare
• Manufacturing
• IT & Telecommunication
• Media & Entertainment
• Transportation
• Energy & Utilities
• Retail
• Others
Get Report Details @ https://www.marketresearchfuture.com/reports/enterprise-software-market-2442
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.
Intended Audience
• Technology Investors
• Research/Consultancy Firms
• Infrastructure Providers
• Original equipment manufacturers (OEMs)
• Technology Providers
• Telecommunication companies
• Government Bodies
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.
Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Enterprise Software Market 2017-2023 Estimated to Grow with a Healthy CAGR During Forecasts Period here
News-ID: 913864 • Views: …
More Releases from Market Research Future - MRFR
Water Based Resins Market Poised to Growth USD 9857.98 Million by 2035 with Thri …
Water-based resins are polymer materials in which water is used as the primary solvent or dispersion medium instead of organic solvents. These resins are widely used in coatings, adhesives, inks, sealants, construction materials, and textiles due to their low volatile organic compound (VOC) emissions and improved environmental profile. Common types include acrylic, polyurethane, epoxy, alkyd, and polyester water-based resins.
The global water-based resins market has gained strong momentum in recent years,…
Bunker Fuel Market Set to Grow at an Impressive CAGR of 4.3% Through 2035 | USD …
Bunker fuel, also known as marine fuel, is a type of fuel oil used to power ships and marine vessels. It is a critical component of global maritime transportation, supporting international trade, commercial shipping, fishing vessels, and naval operations. Bunker fuel is typically derived from crude oil refining and is supplied in different grades depending on engine requirements, environmental regulations, and operational needs.
The bunker fuel market plays a vital role…
Heavy Duty Telehandler Market Projected to Hit USD 13.8 Billion by 2035, at a Ex …
Heavy duty telehandlers are versatile material-handling machines widely used across construction, mining, agriculture, ports, and industrial sectors. Equipped with a telescopic boom, these machines can lift, move, and place heavy loads at significant heights and distances, combining the functionality of a crane, forklift, and loader. Heavy duty telehandlers are specifically designed to handle higher load capacities, operate in rugged environments, and support demanding applications where standard telehandlers may not be…
Prefabricated Buildings Market Size, Growth Drivers and Forecast 2035 | At a Thr …
Prefabricated buildings are structures manufactured off-site in a controlled factory environment and then transported to the construction site for assembly. Unlike traditional construction methods, prefabrication allows building components such as walls, floors, roofs, and entire modules to be produced simultaneously with site preparation. This approach significantly reduces construction time, labor dependency, material waste, and overall project costs.
The prefabricated buildings market has gained strong momentum globally due to rapid urbanization, rising…
More Releases for Enterprise
Why SMBs Deserve Enterprise-Level IT - Without the Enterprise Price Tag
Small and mid-sized businesses (SMBs) often operate under the misconception that enterprise-level IT solutions are reserved only for large corporations with unlimited budgets. Yet in today's digital-first economy, SMBs face many of the same risks and operational demands as their larger counterparts: cybersecurity threats, regulatory compliance, and the need for efficient, reliable technology to support growth. A managed IT services provider, Cortavo [https://cortavo.com/what-is-cortavo], has demonstrated that enterprise-level IT does not…
OpenPayd's Ozan Ozerk Named Enterprise Entrepreneur at 2025 Enterprise Awards
London, 19 June 2025 - Dr. Ozan Ozerk, founder of OpenPayd, has been named "Enterprise Entrepreneur" at this year's Enterprise Awards, an event that celebrates the UK's most impactful technology founders. The ceremony took place at Drapers' Hall on the evening of 18 June, bringing together leaders from across the innovation and investment landscape.
The recognition comes after a period of substantial growth for OpenPayd. In the past 12 months, the…
Redefining Enterprise Connectivity: Enterprise VSAT Market Poised for Remarkable …
Enterprise VSAT's market was estimated to be worth US$ 4,324.5 Mn in 2022, and by the end of 2033, it is anticipated to have increased to US$ 8,110.5 Mn. In 2023, the market for corporate VSAT is anticipated to be worth $4,514.8 Mn USD. From 2023 to 2033, the enterprise VSAT market is anticipated to expand at a 6.0% CAGR.
Businesses in industries like retail and consumer goods, healthcare, BFSI, media…
Enterprise WLAN Market Awareness Overview 2025 | , Hewlett-Packard Enterprise, H …
Global Enterprise WLAN Market: Snapshot
The global enterprise WLAN is registering a significant rise in its valuation, thanks to the increasing penetration of Internet across the world. The rapidly rising market for enterprise WLAN technology is anticipated to boost the cloud technology and the Internet of Things (IoT) industries as well, inducing intense competitiveness. Moreover, the continual technological advancements are projected to increase WLAN applications in a number of industry sectors…
Enterprise Mobility Market - Generating an Increasing Demand for Enterprise Mobi …
Geographically-spread enterprises are constantly faced with scenarios that require the convergence of a large number of communication channels and inclusion of foreign computing devices in the central network.
With a vast rise in mobile devices that need to be integrated with enterprise networks, mostly owing to the increasing trend of policies such as bring-your-own-device and choose-your-own-device, and diversely located workplaces and employees, the need for adopting enterprise mobility solution has…
Enterprise Mobility Market - Generating an Increasing Demand for Enterprise Mobi …
Geographically-spread enterprises are constantly faced with scenarios that require the convergence of a large number of communication channels and inclusion of foreign computing devices in the central network. With a vast rise in mobile devices that need to be integrated with enterprise networks, mostly owing to the increasing trend of policies such as bring-your-own-device and choose-your-own-device, and diversely located workplaces and employees, the need for adopting enterprise mobility solution has…
