The global Enterprise Software Market size was valued at USD 196.40 Billion in 2022 and is projected to grow at a CAGR of 11.5% during the forecast period 2022 to 2030.
The Global Enterprise Software Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Enterprise Software Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.
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Growth can be explained by the fact that end-user enterprises are spending more on improving their digital infrastructure and making progress with cloud analytics tools. Enterprise software also analyses both structured and unstructured data to help businesses understand current market trends and gain insights that they can use to help the growth of their industry. The COVID-19 virus spread quickly at the beginning of 2020, which hurt the market during the first two quarters of 2020 because most governments took strict safety measures. But as of late 2020, there has been a rise in demand for enterprise software because end-use companies are starting to digitise their business models so that their employees can work from home.
Top Leading Companies of Global Enterprise Software Market are Broadcom Inc. (CA Technologies, Inc.), Epicor Software Corporation, Hewlett Packard Enterprise, IBM Corporation, Microsoft Corporation, Oracle Corporation, Salesforce.com, Inc., SAP SE, SYSPRO, Zoho Corporation Pvt. Ltd., and others., and others.
By Type:
- Customer Relationship Management
- Enterprise Resource Planning
- Business Intelligence
- Supply Chain Management
- Web Conferencing Collaboration
- Social Software Suites
By Application:
- Order Processing
- Procurement
- Scheduling
- Customer Information Management
- Energy Management
- Accounting
By Enterprise:
- Large Enterprise
- Small & Medium Enterprise
Global Enterprise Software Market: Regional Analysis
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
In 2021, North America had the biggest share, with more than 40.0%. The growth can be explained by the fact that cloud-based enterprise software solutions are becoming more popular because they are easy to use and don’t cost much to maintain. Key regional players like Salesforce.com, Inc., Broadcom, Inc. (CA Technologies, Inc.), Hewlett Packard Enterprise (HPE), and ECi Software Solutions are focusing on expanding their service offerings to stay competitive in the market, which is in line with the industry trend.
From 2022 to 2030, the Asia-Pacific market is expected to grow at a compound annual growth rate (CAGR) of 13.4%. This is because end-use companies are investing more in digitalizing their businesses. In order to make more money from the market, the companies that do business in the region are focusing on making strategic partnerships with technology providers.
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Years considered for this report:
Historical Years: 2017-2021
Base Year: 2022
Estimated Year: 2022
Forecast Period: 2023-2030
Important Sections from the Table of Contents:
- Global Enterprise Software Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Enterprise Software Market Forecast
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