Call Us Sign-Up/Sign-In
Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Enterprise Software Market is Expected to Grow at USD 634 Billion by 2023, at 8% of CAGR Between 2017 and 2023


iCrowdNewswire   Jan 11, 2021  11:40 AM ET

The global enterprise software market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. As compared to other regions, the enterprise software market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of enterprise software market. This is owing to the presence of large number of established key players like IBM Corporation, Microsoft Corporation and Oracle Corporation in that region. In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices and ultimately provides better connectivity. Increasing demand for software solutions across different business functions is expected to be one major factor for the growth of enterprise software market. Growing popularity of cloud computing is another major factor driving the growth of enterprise software market in the region.

In the global enterprise software market, Asia Pacific is anticipated to witness relatively faster adoption and is expected to grow at the highest CAGR during the forecast period as compared to other regions. Within Asia Pacific, enterprise software market is projected to contribute faster to the growth of revenue backed by increasing demand for business analytics and business analytics in countries such as Japan, China, South Korea and India. This is owning to the presence of key players like SAP SE in the region.

The Enterprise Software Market is growing rapidly over 8% of CAGR and is expected to reach at approx. USD 634 Billion by the end of forecast period.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Enterprise Software Market Research Report-Forecast to 2023”.

Get Free Sample Copy Report @ https://www.marketresearchfuture.com/sample_request/2442

Market Research Analysis:

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 cloud computing solutions in that region.

Enterprise Software Market Segmentation

The enterprise software market has been segmented on the basis of type, organization size and vertical. The organization size segment is broadly bifurcated into small and medium businesses and large enterprises. Out of which, small and medium businesses segment is expected to grow at a significant rate during the forecast period. Increasing demand for software solutions and growing popularity of cloud computing is majorly driving the growth of enterprise software market.

The prominent players in the 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.

About Market Research Future:

Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. 

Contact:
Market Research Future
528, Amanora Chambers, Magarpatta Road, Hadapsar
Pune – 411028, Maharashtra, India
Email: sales@marketresearchfuture.com



Contact Information:

sales@marketresearchfuture.com






Keywords:    Enterprise Software Market, Enterprise Software Market Size, Enterprise Software Market Trends, Enterprise Software Market Forecast, Enterprise Software Market Analysis, Enterprise Software Market Growth

Tags:    Reportedtimes, iCN Internal Distribution, Research Newswire, English