Enterprise Software Market - IndustryARCThe global enterprise software market size was over $360 billion in 2018, and the demand is estimated to grow with a progressive CAGR of 6% during the forecast period 2019-2025.
The global enterprise software market size was over $360 billion in 2018, and the demand is estimated to grow with a progressive CAGR of 6% during the forecast period 2019-2025, according to a fresh market research report from IndustryARC. The report is titled: “Enterprise Software Market: By Type (Enterprise Software and SaaS), By Development (Proprietary Software, ASP and others), By Application (Supply chain, Customer service and others), and By Geography- Forecast (2019-2025).” The analyst of the report highlights the growing use of enterprise software in various end-use industries such as healthcare, manufacturing, and IT & telecommunication as primary growth drivers of the enterprise software market.
Enterprise Software Market Product Analysis:
Enterprise software’s overwhelming features play a vital role in managing business operations and customer relations. The business process management platform is emerging significantly by providing constant pioneering solutions to retain the ever-changing business needs. Enterprise content management (ECM) systems have effective control of an organization and on its business management processes. ECM software helps to store, organize, and manage large amounts of data securely through several file types. IT service management is a domineering solution for an organization to gain an enriched return on investment through excellent IT services. Supply chain management, customer relationship management, enterprise resource planning, and business intelligence are the majorly used application software. Enterprise software is extensively used in a diverse range of end-use industries such as healthcare, manufacturing, IT & telecommunication, transportation, and media & entertainment. SAP, IBM, Microsoft, and Adobe expended billions to acquire enterprises which provides security, cloud, and software development tools
Enterprise Software Market Companies: Latest Developments
SAP, Oracle, Microsoft, Infor, Kronos, IBM, Adobe, SalesForce, Amazon, Dassault Systemes, FIS, Dell EMC are some of the key players holding major shares in the enterprise software market.
IBM acquired Red Hat for $34 billion in October 2018. It was targeted to prevent portability of data across multiple clouds and to offer data security based on which the enterprises confidently move their business applications to the cloud. With this acquisition, IBM has positioned itself as a cloud power as well as incremented its efforts on open source.
Adobe purchased Marketo in September 2018 for an amount of $4.75 billion. Through this acquisition, the marketing software company product is used in a cloud platform for direct-to-consumer marketing which comprises of customer experience across both B2B and B2C verticals.
In June 2018, Microsoft Corporation acquired GitHub for $7.5billion. This agreement aimed to develop and deploy the code obtained by using different programming languages, and tools to any operating system, cloud, and device. It is focused on shaping the future of software development by combining Github’s largest software code base with Microsoft’s Azure cloud platform.
Sales Force is an American cloud-based software company, and it acquired Mulesoft for $6.5 billion in March 2018. This acquisition is creating tremendous opportunities to enable customers to connect each and every information related to enterprise crossways all public and private clouds and data sources. Mulesoft employs an integration platform which empowers companies to build application networks such as SaaS & enterprise applications in the cloud and on-premise.
SAP SE is a Germany-based European multinational software corporation. It acquired Qualtrics for $8 billion. Consequently, Qualtrics estimated the revenue to cross $400 million for the year 2018 with a growth rate of more than 40% being a part of SAP’s Cloud Business Group
Enterprise Software Market Segment Analysis:
Marketing or customer relationship management (CRM) segment is currently the leading segment in the enterprise software market and is estimated to grow at a notable CAGR of 5% over a forecast period 2019 – 2025. Intuitive CRM software is attracting top players to boost their inbound sales.
On the basis of geographical analysis provided in the IndustryARC report, North America occupies a large share that is about 25% among all regions in the global enterprise software market.
View Full Table of Contents of Enterprise Software Market:
https://industryarc.com/Report/15404/enterprise-software-market.html
Related Reports:
A. On-premise Enterprise Application Software Market
https://industryarc.com/Research/On-premise-Enterprise-Application-Software-Market-Research-502773
B. Risk Management Software Market
https://industryarc.com/Report/18635/risk-management-software-market.html
What can you expect from the report?
The Enterprise Software Market is Prepared with the Main Agenda to Cover the following 20 points:
1. Enterprise Software Market Size by Product Categories & Application
2. Enterprise Software Market trends & Relevant Market Data
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End-user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Enterprise Software Market Patent Analysis
11. Enterprise Software Market Demand Analysis (Revenue & Volume)
12. Country-level Analysis
13. Enterprise Software Market Competitor Analysis
14. Enterprise Software Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Enterprise Software Market Strategic Analysis
18. Enterprise Software Market Current & Future Market Landscape Analysis
19. Enterprise Software Market Opportunity Analysis
20. Enterprise Software Market Revenue and Volume Analysis
Frequently Asked Questions:
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Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
1. Increase the level of data in the application or end-user industry.
2. Increase the number of countries in geography chapter.
3. Find out market shares for other smaller companies or companies which are of interest to you.
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end-use segment.
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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.
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