The Global Enterprise Software market in terms of revenue is expected to reach US$ 60.1 Billion by 2025 at a CAGR of 7.14% from 2018 to 2025 as per new market research report titled Global Enterprise Software Market(by types- customer relationship management (CRM), enterprise resource planning (ERP), supply chain management, business intelligence (BI), enterprise content management (ECM), and web conferencing & collaboration. By solutions- cloud virtualization, SDN switching and SDN controllers. By end-users- BFSI, media & entertainment, transportation, telecommunication, healthcare & life sciences, energy & utilities and others) – global industry analysis, size, share, growth, trends, and forecast, 2017 – 2025, by Sheer Analytics & Insights Pvt. Ltd.
In the large organizations, whether it is business or government, the enterprise software is an over-arching term for any software that is used. For a computer-based information system, it is considered to be an essential part as they provide business-related tools such as automated billing systems and payment processing. The enterprise software can also be referred to as the enterprise application software.
The global enterprise software market is presently at a stage of blooming and have a huge potential for growth. The demand for the enterprise software is growing owing to the tough competition, increasing disposable income, and raising awareness. The enterprise software is used to satisfy the needs of an organization and not of any individual users. It is a very flexible and fast automation process. Moreover, the new sources of data and competitive pressures are creating new necessities which is why it is estimated that the global enterprise software market will propel in the next eight years.
Additionally, the IT industries have also increased their investment so that they can bring modernization in the IT infrastructure. The global enterprise software is expected to have a major impact on the Asia Pacific market. The growth of expenditure on infrastructure software and application by the end-users of India and China have increased which is also creating a high opportunity for the market. The further implementation of trends of trends such as BYOD or Bring-Your-Own-Device in the enterprises which are across Middle East & Africa so that they can upgrade the flexibility of their employee has also become a major driving factor. The enterprise software market in Europe and North-America is also witnessing huge growth owing to their initially adopting the enterprise application software which was coupled by them rapidly using hybrid cloud models.
In the recent market research reports that were published by Sheer Analytics & Insights, the global enterprise software market has been segmented based on end-users and types. The major end-users of the global enterprise software market includes media & entertainment, telecommunication, energy & utilities, BFSI, transportation, healthcare & life science, and telecommunication. Based on types it is segmented as Enterprise Resource Planning (ERP), Business Intelligence (BI), Web Conferencing & Collaboration, Customer Relationship Management (CRM), Supply Chain Management, and Enterprise Content Management (ECM). The market is also further segmented into geographical region North America, Middle East & Africa, Asia-Pacific, and Latin America.
The CIOs data managers and network administrators who see that it is necessary to run a full-fledged, unmodified enterprise software at the edge of their networks, on oil rigs and factory floors, now they have the opportunity to do so. The HPE is completely certifying them complete enterprise software stacks for their EdgeLine converted infrastructure devices. It was announced by the company that this will allow the enterprises to run exactly the similar applications in the data centre, at the network edge or in the cloud. The certifications will cover various software from the key vendors such as SAP, SparkCognition, Microsoft, and Citrix to run on their EdgeLine EL 4000 and EdgeLine EL 1000.
Dave Kellogg quoted, “You don’t buy enterprise software, you inject it into your bloodstream.” He is a Serial Enterprise Software CEO and recently was invited as a guest on the CXOTalk.One of the leaders and experts on enterprise software development and implementation, he has enabled major business organizations successfully amalgamate enterprise software into their operation.
The major companies in the global enterprise software market are as follows, Oracle Corporation, Microsoft Corporation, IBM Corporation, EMC Corporation, VMware, Symantec, and SAP SE among others.
Global Enterprise Software Market: By Types
- Customer Relationship Management (CRM)
- Enterprise Resource Planning (ERP)
- Supply Chain Management
- Business Intelligence (BI)
- Enterprise Content Management (ECM)
- Web-Conferencing & Collaboration
Global Enterprise Software Market: By Solutions
- Cloud Virtualization
- SDN Switching
- SDN Controllers
Global Enterprise Software Market: By End-Users
- BFSI
- Media & Entertainment
- Transportation
- Telecommunication
- Healthcare & Life Sciences
- Energy & Utilities
- Others
Global Enterprise Software Market: By Geography
North America
- The U.S.
- Canada
- Mexico
Europe
- U.K.
- France
- Germany
- Italy
- Rest of Europe
Asia Pacific
- India
- China
- Japan
- Rest of Asia Pacific
The Middle East and Africa
- South Africa
- Rest of the Middle East and Africa
Latin America
- Brazil
- Rest of Latin America
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