GLOBAL ENTERPRISE APPLICATION MARKET 2019-2027

ICT | Enterprise Solution

GLOBAL ENTERPRISE APPLICATION MARKET 2019-2027

Market by Delivery Model, End User, Solutions and Geography | Forecast 2019-2027

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Triton Market Research envisions that the global market for enterprise applications would witness a compound annual growth rate of 7.71% over the forecast period 2019-2027. The market was assessed to be worth $172.24 billion in the year 2018 and is predicted to generate a revenue of approximately $333.28 billion by the year 2027.

An enterprise application is a software that is used in a business organization to solve issues pertaining to business operations. These applications facilitate the organization to integrate resources with business function, supplier and customer. The commonly used enterprise applications in the market are Customer Relationship Management (CRM), Business Intelligence (BI), Web Conferencing, Enterprise Resource Planning (ERP), Supply Chain Management (SCM), Business Process Management (BPM), Content Management System (CMS), Enterprise Asset Management (EAM) and others. The other solutions include MIS, BCP and ERM.

global market for enterprise application would witness a compound annual growth rate of 7.71%

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One of the key market drivers is the rising focus on real-time decision-making. Enterprise application software provides flexible, integrated, and real-time decision-making support for the top management in an organization. Further, it improves the responsiveness across an organization. Each and every organization from industries such as BFSI, healthcare, retail, aerospace and defense, telecom, etc. are putting efforts to enhance their business process efficiency & customer services. Organizations are also becoming increasingly aware of giving a better user experience to their customers, apart from back-end services. 

In addition, enterprises are increasing their IT budgets to remain competitive. Many organizations understand the growing importance of customer-centricity and customer experience management. Thus, the customer-oriented approach of the organization acts as a significant driver for the market.

Moreover, rapidly evolving business models, increased adoption from small & medium sized enterprises & globalization of businesses, paired with the growing adoption of cloud technology would provide ample growth opportunities for the enterprise application market. Businesses are seeking to enhance productivity and business operations. In such a scenario, enterprise application meets the demands of rapid changes in business.

The biggest challenge that the enterprise application market faces is the easy availability of the several freeware & open source software. Enterprises are preferring open source applications over licensed software as they are some of the alternatives to high-cost licensed enterprise applications. Also, complexities in data migration, data security and privacy concerns, high costs associated with enterprise applications, lack of control & flexibility over cloud based enterprise application software, and lack of skilled professionals are some of the main restrictive factors delaying the growth of enterprise applications.

The segmentation analysis of the Enterprise Application is done according to:   O    Delivery Model is segmented into:  •    On-Premises  •    Cloud  O    End Users are segmented into:To get detailed insights on segments, Request Free Sample Report 

Key geographies covered in global enterprise application market are:

•    North America Enterprise Application: United States and Canada

•    Europe Enterprise Application: United Kingdom, France, Germany, Spain, Italy, Russia and Rest of Europe, 

•    Asia-Pacific Enterprise Application: China, Japan, India, Australia, South Korea, ASEAN Countries and rest of Asia-Pacific, 

•    Latin America Enterprise Application: Brazil, Mexico and Rest of Latin America, 

•    The Middle East & Africa Enterprise Application: Saudi Arabia, Turkey, United Arab Emirates, South Africa and rest of the Middle East & Africa

The segmentation analysis of the Enterprise Application is done according to: 

O    Delivery Model is segmented into:

•    On-Premises

•    Cloud

O    End Users are segmented into:

•    Manufacturing and Services

•    Banking, Financial Services and Insurance (BFSI)

•    Healthcare

•    Retail

•    Government

•    Aerospace and Defense

•    Telecom

•    Other End Users

O    Solutions are segmented into:

•    Customer Relationship Management (CRM)

•    Enterprise Resource Planning (ERP)

•    Supply Chain Management (SCM)

•    Business Intelligence

•    Business Process Management

•    Content Management System

•    Enterprise Asset Management

•    Web Conferencing

•    Other Applications

The enterprise application market report from Triton gives a detailed analysis of the market definition, key insights regarding the industry, Porter’s five force analysis, key impact analysis, market attractiveness index, vendor scorecard and industry components.

Some of the key players operating in the enterprise application market are Industrial & Financial Systems AB (IFS), Oracle Corporation, SAP SE, Microsoft Corporation, Salesforce, Infor Inc., International Business Machines Corporation (IBM), Qad Inc., Epicor Software Corporation, Hewlett Packard Enterprise Company.


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Table of Content

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

6.2.1.   MARKET BY DELIVERY MODEL

6.2.2.   MARKET BY END USER

6.2.3.   MARKET BY SOLUTIONS

6.2.4.   COUNTRY ANALYSIS

6.2.4.1.      UNITED KINGDOM

6.2.4.2.      GERMANY

6.2.4.3.      FRANCE

6.2.4.4.      SPAIN

6.2.4.5.      ITALY

6.2.4.6.      RUSSIA

6.2.4.7.      REST OF EUROPE

6.3. ASIA-PACIFIC

6.3.1.   MARKET BY DELIVERY MODEL

6.3.2.   MARKET BY END USER

6.3.3.   MARKET BY SOLUTIONS

6.3.4.   COUNTRY ANALYSIS

6.3.4.1.      CHINA

6.3.4.2.      JAPAN

6.3.4.3.      INDIA

6.3.4.4.      SOUTH KOREA

6.3.4.5.      ASEAN COUNTRIES

6.3.4.6.      AUSTRALIA & NEW ZEALAND

6.3.4.7.      REST OF ASIA-PACIFIC

6.4. LATIN AMERICA

6.4.1.   MARKET BY DELIVERY MODEL

6.4.2.   MARKET BY END USER

6.4.3.   MARKET BY SOLUTIONS

6.4.4.   COUNTRY ANALYSIS

6.4.4.1.      BRAZIL

6.4.4.2.      MEXICO

6.4.4.3.      REST OF LATIN AMERICA

6.5. MIDDLE EAST & AFRICA

6.5.1.   MARKET BY DELIVERY MODEL

6.5.2.   MARKET BY END USER

6.5.3.   MARKET BY SOLUTIONS

6.5.4.   COUNTRY ANALYSIS

6.5.4.1.      UNITED ARAB EMIRATES

6.5.4.2.      TURKEY

6.5.4.3.      SAUDI ARABIA

6.5.4.4.      SOUTH AFRICA

6.5.4.5.      REST OF 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

8.    RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.1.1.   OBJECTIVES OF STUDY

8.1.2.   SCOPE OF STUDY

8.2. SOURCES OF DATA

8.2.1.   PRIMARY DATA SOURCES

8.2.2.   SECONDARY DATA SOURCES

8.3. RESEARCH METHODOLOGY

8.3.1.   EVALUATION OF PROPOSED MARKET

8.3.2.   IDENTIFICATION OF DATA SOURCES

8.3.3.   ASSESSMENT OF MARKET DETERMINANTS

8.3.4.   DATA COLLECTION

8.3.5.   DATA VALIDATION & ANALYSIS

List of table

TABLE 1: GLOBAL ENTERPRISE APPLICATION MARKET, BY GEOGRAPHY, 2019-2027 (IN $ BILLION)

TABLE 2: MARKET ATTRACTIVENESS INDEX

TABLE 3: VENDOR SCORECARD

TABLE 4: GLOBAL ENTERPRISE APPLICATION MARKET, BY DELIVERY MODEL, 2019-2027, (IN $ BILLION)

TABLE 5: ADVANTAGES OF ON-PREMISES MODEL

TABLE 6: ADVANTAGES OF CLOUD BASED MODEL

TABLE 7: GLOBAL ENTERPRISE APPLICATION MARKET, BY END USER 2019-2027, (IN $ BILLION)

TABLE 8: GLOBAL ENTERPRISE APPLICATION MARKET, BY SOLUTIONS 2019-2027, (IN $ BILLION)

TABLE 9: GLOBAL ENTERPRISE APPLICATION MARKET, BY GEOGRAPHY, 2019-2027, (IN $ BILLION)

TABLE 10: NORTH AMERICA ENTERPRISE APPLICATION MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 11: NORTH AMERICA ENTERPRISE APPLICATION MARKET, BY DELIVERY MODEL, 2019-2027 (IN $ BILLION)

TABLE 12: NORTH AMERICA ENTERPRISE APPLICATION MARKET, BY END USER, 2019-2027 (IN $ BILLION)

TABLE 13: NORTH AMERICA ENTERPRISE APPLICATION MARKET, BY SOLUTIONS, 2019-2027 (IN $ BILLION)

TABLE 14: EUROPE ENTERPRISE APPLICATION MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 15: EUROPE ENTERPRISE APPLICATION MARKET, BY DELIVERY MODEL, 2019-2027 (IN $ BILLION)

TABLE 16: EUROPE ENTERPRISE APPLICATION MARKET, BY END USER, 2019-2027 (IN $ BILLION)

TABLE 17: EUROPE ENTERPRISE APPLICATION MARKET, BY SOLUTIONS, 2019-2027 (IN $ BILLION)

TABLE 18: ASIA-PACIFIC ENTERPRISE APPLICATION MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 19: ASIA-PACIFIC ENTERPRISE APPLICATION MARKET, BY DELIVERY MODEL, 2019-2027 (IN $ BILLION)

TABLE 20: ASIA-PACIFIC ENTERPRISE APPLICATION MARKET, BY END USER, 2019-2027 (IN $ BILLION)

TABLE 21: ASIA-PACIFIC ENTERPRISE APPLICATION MARKET, BY SOLUTIONS, 2019-2027 (IN $ BILLION)

TABLE 22: LATIN AMERICA ENTERPRISE APPLICATION MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 23: LATIN AMERICA ENTERPRISE APPLICATION MARKET, BY DELIVERY MODEL, 2019-2027 (IN $ BILLION)

TABLE 24: LATIN AMERICA ENTERPRISE APPLICATION MARKET, BY END USER, 2019-2027 (IN $ BILLION)

TABLE 25: LATIN AMERICA ENTERPRISE APPLICATION MARKET, BY SOLUTIONS, 2019-2027 (IN $ BILLION)

TABLE 26: MIDDLE EAST & AFRICA ENTERPRISE APPLICATION MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)

TABLE 27: MIDDLE EAST & AFRICA ENTERPRISE APPLICATION MARKET, BY DELIVERY MODEL, 2019-2027 (IN $ BILLION)

TABLE 28: MIDDLE EAST & AFRICA ENTERPRISE APPLICATION MARKET, BY END USER, 2019-2027 (IN $ BILLION)

TABLE 29: MIDDLE EAST & AFRICA ENTERPRISE APPLICATION MARKET, BY SOLUTIONS, 2019-2027 (IN $ BILLION)

List of Figures

FIGURE 1: GLOBAL ENTERPRISE APPLICATION MARKET, BY SOLUTIONS, 2018 & 2027 (IN %)

FIGURE 2: ASIA-PACIFIC ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 3: NORTH AMERICA ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 4: KEY BUYING IMPACT ANALYSIS

FIGURE 5: INDUSTRY COMPONENTS

FIGURE 6: GLOBAL ENTERPRISE APPLICATION MARKET, BY ON-PREMISES, 2019-2027 (IN $ BILLION)

FIGURE 7: GLOBAL ENTERPRISE APPLICATION MARKET, BY CLOUD, 2019-2027 (IN $ BILLION)

FIGURE 8: GLOBAL ENTERPRISE APPLICATION MARKET, BY MANUFACTURING & SERVICES, 2019-2027 (IN $ BILLION)

FIGURE 9: GLOBAL ENTERPRISE APPLICATION MARKET, BY BANKING, FINANCIAL SERVICES & INSURANCE (BFSI), 2019-2027 (IN $ BILLION)

FIGURE 10: GLOBAL ENTERPRISE APPLICATION MARKET, BY HEALTHCARE, 2019-2027 (IN $ BILLION)

FIGURE 11: GLOBAL ENTERPRISE APPLICATION MARKET, BY RETAIL, 2019-2027 (IN $ BILLION)

FIGURE 12: GLOBAL ENTERPRISE APPLICATION MARKET, BY GOVERNMENT, 2019-2027 (IN $ BILLION)

FIGURE 13: GLOBAL ENTERPRISE APPLICATION MARKET, BY AEROSPACE & DEFENSE, 2019-2027 (IN $ BILLION)

FIGURE 14: GLOBAL ENTERPRISE APPLICATION MARKET, BY TELECOMMUNICATIONS, 2019-2027 (IN $ BILLION)

FIGURE 15: GLOBAL ENTERPRISE APPLICATION MARKET, BY OTHER END USERS, 2019-2027 (IN $ BILLION)

FIGURE 16: GLOBAL ENTERPRISE APPLICATION MARKET, BY CUSTOMER RELATIONSHIP MANAGEMENT (CRM), 2019-2027 (IN $ BILLION)

FIGURE 17: GLOBAL ENTERPRISE APPLICATION MARKET, BY ENTERPRISE RESOURCE PLANNING (ERP), 2019-2027 (IN $ BILLION)

FIGURE 18: GLOBAL ENTERPRISE APPLICATION MARKET, BY SUPPLY CHAIN MANAGEMENT (SCM), 2019-2027 (IN $ BILLION)

FIGURE 19: GLOBAL ENTERPRISE APPLICATION MARKET, BY WEB CONFERENCING, 2019-2027 (IN $ BILLION)

FIGURE 20: GLOBAL ENTERPRISE APPLICATION MARKET, BY BUSINESS INTELLIGENCE (BI), 2019-2027 (IN $ BILLION)

FIGURE 21: GLOBAL ENTERPRISE APPLICATION MARKET, BY BUSINESS PROCESS MANAGEMENT (BPM), 2019-2027 (IN $ BILLION)

FIGURE 22: GLOBAL ENTERPRISE APPLICATION MARKET, BY CONTENT MANAGEMENT SYSTEM (CMS), 2019-2027 (IN $ BILLION)

FIGURE 23: GLOBAL ENTERPRISE APPLICATION MARKET, BY ENTERPRISE ASSET MANAGEMENT (EAM), 2019-2027 (IN $ BILLION)

FIGURE 24: GLOBAL ENTERPRISE APPLICATION MARKET, BY OTHER SOLUTIONS, 2019-2027 (IN $ BILLION)

FIGURE 25: GLOBAL ENTERPRISE APPLICATION MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 26: UNITED STATES ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 27: USE OF SAAS IN SMALL MEDIUM ENTERPRISES IN UNITED STATES, 2016 (IN %)

FIGURE 28: CANADA ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 29: UNITED KINGDOM ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 30: GERMANY ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 31: FRANCE ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 32: SPAIN ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 33: ITALY ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 34: RUSSIA ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 35: REST OF EUROPE ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 36: CHINA ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 37: SOFTWARE AS A SERVICE (SAAS) MARKET IN CHINA, 2015-2019 (IN $ MILLION)

FIGURE 38: JAPAN ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 39: SAAS SALES IN JAPAN 2016 (IN %)

FIGURE 40: INDIA ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 41: SOUTH KOREA ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 42: ASEAN COUNTRIES ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 43: AUSTRALIA & NEW ZEALAND ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 44: REST OF ASIA-PACIFIC ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 45: BRAZIL ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 46: MEXICO ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 47: REST OF LATIN AMERICA ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 48: UNITED ARAB EMIRATES ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 49: TURKEY ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 50: SAUDI ARABIA ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 51: SOUTH AFRICA ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

FIGURE 52: REST OF MIDDLE EAST & AFRICA ENTERPRISE APPLICATION MARKET, 2019-2027 (IN $ BILLION)

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