Enterprise Application Market, By Application (Enterprise Resource Planning, Customer Relationship Management, Supply Chain Management, Human Capital Management, Business Intelligence, Others), By Deployment Mode, By Vertical, By Geography

Description

Global enterprise application market is estimated to be valued at USD 298.76 Bn in 2024 and is expected to reach USD 471.24 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 298.76 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	6.70%	2031 Value Projection:	US$ 471.24 Bn

Figure. Enterprise Application Market Share (%), By Region 2024

Global enterprise application market refers to market for various software solutions that help streamline business operations and improve efficiency across organizations. Enterprise applications allow companies to manage essential functions like finance, human resources, supply chain, customer relations and analytics from a centralized system. These provide insights and automation that empower data-driven decision making. Rising adoption of cloud technologies, focus on digital transformation and need for mobility can boost demand for scalable and flexible enterprise solutions. Furthermore, growing emphasis on customer experience optimization and emerging technologies like artificial intelligence (AI) can drive the enterprise application market growth in the near future.

Market Dynamics:

Global enterprise application market growth is primarily driven by growing need amongst organizations to streamline operations, reduce costs and improve business efficiency. Rapid digitalization and rise of smart technologies have prompted companies to invest heavily in applications that support mobility, analytics and real-time decision making. Moreover, widespread adoption of cloud-based systems that offer scalability, flexibility and lower upfront costs boosts demand for cloud-enabled enterprise applications. However, factors like high deployment costs, lack of expertise and security concerns can hamper the adoption of advanced enterprise solutions in some regions and industry verticals. Innovations in technologies like AI, IoT and big data offer significant opportunities for vendors to develop more intelligent and insights-driven applications.

Key features of the study:

This report provides in-depth analysis of the global enterprise application market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global enterprise application market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Adobe, Inc., Epicor Software Corporation, Hewlett Packard Enterprise, IBM Corporation, Infor, Inc., IFS AB, Microsoft Corporation, Oracle Corporation, QAD Inc., Salesforce.com, Inc., SAP SE, ServiceNow, Inc., Sisense, Workday, Inc., Zoho Corporation

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global enterprise application market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global enterprise application market

Detailed Segmentation-

By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Enterprise Resource Planning (ERP)
- Customer Relationship Management (CRM)
- Supply Chain Management (SCM)
- Human Capital Management (HCM)
- Business Intelligence (BI)
- Others
By Deployment Mode Insights (Revenue, USD Bn, 2019 - 2031)
- On-Premises
- Cloud-Based
- Hybrid
By Vertical Insights (Revenue, USD Bn, 2019 - 2031)
- Manufacturing
- BFSI (Banking, Financial Services, and Insurance)
- Retail and Consumer Goods
- Healthcare
- IT and Telecommunications
- Others
By Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Adobe, Inc.
- Epicor Software Corporation
- Hewlett Packard Enterprise
- IBM Corporation
- Infor, Inc.
- IFS AB
- Microsoft Corporation
- Oracle Corporation
- QAD Inc.
- com, Inc.
- SAP SE
- ServiceNow, Inc.
- Sisense
- Workday, Inc.
- Zoho Corporation

Product Code: CMI7295

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Enterprise Application Market, By Application
- Global Enterprise Application Market, By Deployment Mode
- Global Enterprise Application Market, By Vertical
- Global Enterprise Application Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Enterprise Application Market, By Application, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Enterprise Resource Planning (ERP)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Customer Relationship Management (CRM)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Supply Chain Management (SCM)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Human Capital Management (HCM)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Business Intelligence (BI)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

5. Global Enterprise Application Market, By Deployment Mode, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
On-Premises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Cloud-Based
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Hybrid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Enterprise Application Market, By Vertical, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
BFSI (Banking, Financial Services, and Insurance)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Retail and Consumer Goods
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
IT and Telecommunications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

7. Global Enterprise Application Market, By Region, 2019 - 2031, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, Value (USD Bn)
- Regional Trends
  - North America
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment Mode, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment Mode, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment Mode, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment Mode, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment Mode, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
  - Africa
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment Mode, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

8. Competitive Landscape

Adobe, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Epicor Software Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hewlett Packard Enterprise
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
IBM Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Infor, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
IFS AB
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Microsoft Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Oracle Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
QAD Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Salesforce.com, Inc.
SAP SE
ServiceNow, Inc.
Sisense
Workday, Inc.
Zoho Corporation

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. References and Research Methodology

References
Research Methodology
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