Global Enterprise Application Market Overview, Growth Challenges Survey & Forecast to 2024
Category: #Technology  By Ronak Bora  Date: 2021-03-24
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Global Enterprise Application Market Overview, Growth Challenges Survey & Forecast to 2024

Enterprise application market outlook has been driven by the ongoing digital transformation of the enterprises enabling them to sustain the highly competitive business environment. The technology has been helping them to attract new customers leveraging the digitalized enterprise systems further driving the revenue share.

In addition, the constantly expanding enterprise size and complexity have been making it difficult for them to handle the IT infrastructure, generating the requirement of enterprise application software. The software combines all features and functionalities of multiple other applications used at the enterprise premises which brings everything under a centralized control, thus enhancing the overall enterprise operations.

The growing deployment of cloud-based enterprise application software is another factor driving enterprise application market trends owing to high scalability and cost-benefits associated with it. The enterprise application market encompasses a host of technology providers that are involved in offering innovative solutions to the meet the rising customer demand. The implementation of the product not only improves the service delivery but also simplifies the workflow by offering all in one management solution for different industry verticals.

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The ubiquitous utilization of enterprise software solutions in various industries such as hospitality, chemicals, media, airspace and defense, telecom and IT, retail, oil and gas, BFSI, healthcare, and manufacturing are expected to provide a sustainable market environment. Supply chain management (SCM) and business process management (BPM) are essential systems that help in tracking operational activities such as production and inventory management from procurement to the delivery of goods.

The incorporation of such useful enterprise applications in essential business processes will ensure the smooth functioning of different levels of management. However, the availability of open source solutions, high maintenance costs of servers and operating systems could resist the market growth and acquisition of these software solutions in organizations.

ERP and CRM are among the most preferred software solutions among organizations and the market is expected to get traction in the next seven years. The real-time transfer of information among several interlinked departments such as HR, operations, technical, quality, sales, and production will play a vital role in the expansion of the enterprise application market. Growing mobile adoption in business communication, transformation in business models from a contemporary approach to cloud computing, and remote access for employees will steer the market significantly.

In the past few months, the COVID-19 pandemic has drastically changed the global work environment with work-from-home (WFH) or remote work has become the new normal. A global content delivery network, Akamai Technologies has introduced enhanced unified communications program for remote access by enabling audio/video and chat on a single screen platform. Also, it has enabled deployment of dual-factor authentication by eliminating the need for passwords and allowing single sign-in for multiple enterprise software applications.

List of the Key Companies that are Operating in the Enterprise Application Market. They are as follows:

Epicor Software Corporation, Hewlett-Packard Company (HP), IBM Corporation, IFS AB, Infor Inc., Microsoft Corporation, Oracle Corporation, SAP AG, QAD Inc.

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Table Of Content:

Chapter 4.    Enterprise Application Product Insights

4.1.    Enterprise application market share by product, 2015 & 2024

4.2.    CRM

4.2.1.    Market estimates and forecasts by region, 2013 - 2024

4.3.    ERP

4.3.1.    Market estimates and forecasts by region, 2013 - 2024

4.4.    SCM

4.4.1.    Market estimates and forecasts by region, 2013 - 2024

4.5.    Web Conferencing

4.5.1.    Market estimates and forecasts by region, 2013 - 2024

4.6.    BI

4.6.1.    Market estimates and forecasts by region, 2013 - 2024

4.7.    BPM

4.7.1.    Market estimates and forecasts by region, 2013 - 2024

4.8.    CMS

4.8.1.    Market estimates and forecasts by region, 2013 - 2024

4.9.    EAM

4.9.1.    Market estimates and forecasts by region, 2013 - 2024

4.10.    Others

4.10.1.    Market estimates and forecasts by region, 2013 - 2024

Chapter 5.    Enterprise Application End-Use Insights   

5.1.    Enterprise application market share by end-use, 2015 & 2024

5.2.    Manufacturing

5.2.1.    Market estimates and forecasts by region, 2013 - 2024

5.3.    BFSI

5.3.1.    Market estimates and forecasts by region, 2013 - 2024

5.4.    Healthcare

5.4.1.    Market estimates and forecasts by region, 2013 - 2024

5.5.    Retail

5.5.1.    Market estimates and forecasts by region, 2013 - 2024

5.6.    Government

5.6.1.    Market estimates and forecasts by region, 2013 - 2024

5.7.    Aerospace & defense

5.7.1.    Market estimates and forecasts by region, 2013 - 2024

5.8.    Telecom & IT

5.8.1.    Market estimates and forecasts by region, 2013 - 2024

5.9.    Others

5.9.1.    Market estimates and forecasts by region, 2013 - 2024

Chapter 6.    Enterprise Application Deployment Insights  

6.1.    Enterprise Application market share by deployment, 2015 & 2024

6.2.    On-premise

6.2.1.    Market estimates and forecasts by region, 2013 - 2024

6.3.    Cloud

6.3.1.    Market estimates and forecasts by region, 2013 - 2024

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About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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