Global Enterprise Applications Markets, 2019 to 2027 – Projecting a Worldwide CAGR of 7.71% – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Enterprise Applications Market 2019-2027” report has been added to ResearchAndMarkets.com’s offering.

The global enterprise application market is expected to proliferate with a compound annual growth rate of 7.71% in the forecast years 2019-2027.

Adoption of enterprise applications such as CRM, ERP, SCM, etc., enables smooth flow of business information within or outside of the organization. A single point of access to the information is possible by using an enterprise application software. Sources such as social media can be used to collect and store data by using appropriate solutions. Organizations are increasingly preferring enterprise application to reduce operational cost and to increase market share, which has proven to be a driving factor for the market.

Numerous SMEs worldwide are now prefer cloud-based enterprise software as it is a cost-effective option. The deployment of cloud-based software helps SMEs to increase revenue, improve functionality and reduce the total cost of ownership. The rising demand for cloud-based software from SMEs is providing ample opportunities for the growth of this market.

At times, companies may need to transfer their EAS from one SaaS-based provider to another SaaS provider. This data migration between two SaaS-based vendors requires a comprehensive understanding of the relationship between the two data fields for the two companies to migrate information in a proper manner. For this, the parent company may have to incur the cost of deploying highly qualified IT professionals, which will further add to the amount of time and resources involved in the data migration process.

Regional Outlook

The geographies covering the global enterprise application market are North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa regions. The U.S. and Canada form the North America market region; whereas, the European region is formed by countries such as the U.K., Germany, Italy, France, Spain, Russia and rest of Europe.

The Asia-Pacific region, on the other hand, consist of Japan, South Korea, India, China, Australia & New Zealand, ASEAN countries and rest of the Asia-Pacific. Brazil, Mexico and rest of Latin America are a part of the Latin America region. The Middle East & Africa region covers the countries of the UAE, Turkey, Saudi Arabia, South Africa and rest of the MEA.

Competitive Outlook

Leading companies in the enterprise application market are Salesforce.com, Inc., Industrial & Financial Systems, AB (IFS), Infor, Inc., Oracle Corporation, SAP SE, Microsoft Corporation, International Business Machines Corporation (IBM), Qad, Inc., Epicor Software Corporation, Hewlett Packard and Enterprise Company.

Key Topics Covered

1. Enterprise Application Market – Summary

2. Industry Outlook

2.1. Market Definition

2.2. Key Insights

2.2.1. Increasing Focus On Real-Time Decision-Making

2.2.2. Inorganic Growth Through Acquisitions is Preferred Growth Strategy

2.2.3. Asia-Pacific to Offer Lucrative Growth Opportunities

2.2.4. On Premise Segment Leads the Delivery Model Segment

2.2.5. Growing Interest Towards Cloud Based Enterprise Applications

2.2.6. North America Captured the Largest Revenue Chunk in 2018

2.3. Porters Five Force Analysis

2.3.1. Threat of New Entrants

2.3.2. Threat of Substitute

2.3.3. Bargaining Power of Suppliers

2.3.4. Bargaining Power of Buyers

2.3.5. Threat of Competitive Rivalry

2.4. Key Impact Analysis

2.4.1. Customer Centric Approach

2.4.2. Competitive Advantages

2.4.3. Emerging Trends of Cloud

2.4.4. Higher Cost

2.4.5. Open Source Application

2.5. Market Attractiveness Index

2.6. Vendor Scorecard

2.7. Industry Components

2.7.1. Element Providers

2.7.2. Application Developers

2.7.3. Distribution Channel

2.8. Market Drivers

2.8.1. Business Specific Advantages Offered By Enterprise Applications

2.8.2. Growing Demand For Real-Time Data Access

2.8.3. Customer Oriented Approach of Enterprises

2.8.4. Emergence of Cloud Computing & Mobile Applications

2.9. Market Restraints

2.9.1. Complexities in Data Migration

2.9.2. Data Security and Privacy Concerns

2.9.3. Costs Associated With Enterprise Applications

2.9.4. Lack of Control and Flexibility Over Cloud Based Enterprise Application Software

2.10. Market Opportunities

2.10.1. Transforming Or Evolving Business Models

2.10.2. Increased Adoption From Small & Medium-Sized Enterprises

2.10.3. Globalization of Business

2.11. Market Challenges

2.11.1. Open Source & Freeware Applications

2.11.2. Lack of Skilled Professionals

3. Enterprise Application Market Outlook – By Delivery Model

3.1. On-Premises

3.2. Cloud

4. Enterprise Application Market Outlook – By End User

4.1. Manufacturing & Services

4.2. Banking, Financial Services & Insurance (BFSI)

4.3. Healthcare

4.4. Retail

4.5. Government

4.6. Aerospace & Defense

4.7. Telecommunications

4.8. Other End Users

5. Enterprise Application Market Outlook – By Solutions

5.1. Customer Relationship Management (CRM)

5.2. Enterprise Resource Planning (ERP)

5.3. Supply Chain Management (SCM)

5.4. Web Conferencing

5.5. Business Intelligence (BI)

5.6. Business Process Management (BPM)

5.7. Content Management System (CMS)

5.8. Enterprise Asset Management (EAM)

5.9. Other Solutions

6. Enterprise Application Market – Regional Outlook

6.1. North America

6.1.1. Market By Delivery Model

6.1.2. Market By End User

6.1.3. Market By Solutions

6.1.4. Country Analysis

6.1.4.1. United States

6.1.4.2. Canada

6.2. Europe

6.3. Asia-Pacific

6.4. Latin America

6.5. Middle East & Africa

7. Competitive Landscape

7.1. Epicor Software Corporation

7.2. Hewlett Packard Enterprise Company

7.3. Industrial & Financial Systems, AB (IFS)

7.4. Infor Inc.

7.5. International Business Machines Corporation (IBM)

7.6. Microsoft Corporation

7.7. Oracle Corporation

7.8. Qad Inc.

7.9. Salesforce.com Inc.

7.10. SAP SE

For more information about this report visit https://www.researchandmarkets.com/r/rqlcxf

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Related Topics: Enterprise Mobility Management