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Pulished Date July, 2021
ID: 11799
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Enterprise Software Market Report - Segmented By Type (Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Enterprise Software, System Software, Microsoft Windows, Ios, Linux, Application Software, Business Intelligence (BI), And Supply Chain Management (SCM)), By Deployment Type (Proprietary Software, Outsourcing Software And Application Service Providers), By Application (Supply Chain, Customer Information Management, Sales Accounting, Web Services, Energy Management And Government) By Geography (North America, Asia Pacific, Europe, Latin America, Middle East & Africa) | 2021-2026

Pulished: July, 2021
ID: 11799
Pages: 150

Enterprise Software Market Size & Growth Analysis (2021-2026)

The Enterprise Software Market was worth US$ 425 billion in the year 2020, and it is estimated to reach a valuation of US$ 575 billion by the end of 2026, expanding at an annual growth rate of 6.15% between 2021 and 2026.

The Enterprise Software is increasingly used by the organizations across the globe and across the various industry verticals for number of line of business operations including and not limited to human resources, business intelligence, manufacturing, planning, sales and service, customer relationship management, inventory and materials management, purchasing, finance and accounting and marketing. The enterprise software is used to enhance the efficiency as well as the productivity to gain a significant competitive advantage.

Recent Developments

  • IBM company has partnered with salesforce in 2018 to integrate their Artificial Intelligence platform and also to deliver the enhanced customer service experience whereas the salesforce in house platform named Einstein and IBM’s cognitive computing technology platform Watson collaborate each other to deliver AI driven recommendations for the future actions by the companies.
  • Cohesty company which was a hyper converged secondary storage company has announced that they have raised 250 million US dollars in a oversubscribed series D funding round led by the the SoftBank vision fund with strong participation from the strategic investors such as Cisco investments, Hewlett Packard Enterprise, Morgan Stanley Expansion Capital to increase the enterprise software development activities towards achieving the increased operational efficiency and cost reduction.

Market Growth

The growing demand for business intelligence and analytics is a factor that is expected to lead the Enterprise Software market during the forecast period.

Drivers

Several benefits such as increasing use of enterprise software by small, medium and large organizations in various industry verticals such as manufacturing, healthcare, media and entertainment, public sector, banking and financial services, insurance, telecom, transportation and energy & utilities is expected to play an essential role in the growth of market of Enterprise Software across the globe. Another factor such as introduction of novel software services, rising awareness regarding enterprises software across the globe which influence the growth of Enterprise Software market during the forecast period. Technology innovation and advancement, rising number of enterprises in the world and also the entry of new industry players are some of the major driving factors which promotes the growth of the revenue rate of Enterprise Software market during the forecast period.

Restraints

High cost of the deployment is one of the important barriers to market growth. Also, the drawbacks associated with the software itself, customization and flexibility issues and the complexities related to the migration of the existing data acts as an important deterrent to the growth of the Enterprise Software market.

Market Segmentation

The Enterprise Software market is segmented based on type, based on deployment type and based on application.

  • By type, the Enterprise Software Market is divided into Application Software, Business Intelligence (BI), Supply Chain Management (SCM), Software as a Service(SAS), Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Enterprise Software, System Software, Microsoft Windows, iOS, Linux, Cloud Computing . The enterprise resource planning and customer relationship management segments held the prominent share followed by mobile apps in terms of revenue and is predicted to remain at the forefront throughout the forecast period.
  • By deployment type, the Enterprise Software Market is divided into proprietary software, outsourcing software and application service providers. The proprietary software segment holds the major share of the market and this region is expected to hold the dominance during the forecast period.
  • By application, the Enterprise Software Market is divided into supply chain, customer information management, sales accounting, web services, energy management and government. The customer information management segment held prominent share of the market among the other segments.

Regional Analysis

On the basis of region, the Enterprise Software market is segmented into North America region, Asia Pacific region, Europe region, Latin America region and Middle East and Africa region.

North America region hold the prominent share of the market since this region is identified as early adopters of the enterprise software such as software as a service and customer relationship management whereas this enterprise software penetration rates in this region is high and the adoption of these solutions have become commonplace with most of the companies rapidly utilizing the hybrid models of the cloud as well as on premise products. Furthermore, the gradual rise in enterprise software adoption in the region especially in some of the countries such as US, Canada and Mexico propels the growth of the market. The North America region is expected to hold the dominance during the forecast period.

Asia Pacific region is also expected to increase the market growth due to the rising number of enterprises in the world and also the entry of new industry players in some of the major economies of the region such as India, China and Japan propels the growth of the revenue rate of the enterprises software market during the forecast period. Furthermore, the increasing of investments by the major key players of the market for R & D activities and also for the new advancements in the technology is also one of the major driving factor which promotes the growth of the revenue rate of the enterprise software market.

Europe region will gain good profits of the market followed by North America region adn Asia Pacific region during the outlook period.

Key Players

Key market participants of Enterprise Software market are Microsoft Corporation, Infor Inc., Kronos Incorporated, and IBM Corporation, SAP AG, Oracle Corporation.

Impact of COVID 19 for Enterprise Software Market

Due to the COVID 19 pandemic, almost all the industries have faced a lot of problems due to the lockdown situations imposed by the respective government authorities to reduce the spread of the corona virus. Because of the lockdown situations, most of the companies have shut down their operations and allowed their employees to work from home to continue some of the operational aspects. The enterprise software market has a significant growth rate before the pandemic and as per the analysis from the experts that this market will get an impeccable growth rate after the pandemic.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Enterprise Software Market, By Type                              

                                6.1.1 Customer Relationship Management (CRM)            

                                6.1.2 Enterprise Resource Planning (ERP)              

                                6.1.3 Enterprise Software            

                                6.1.4 System Software  

                                6.1.5 Microsoft Windows             

                                6.1.6 iOS             

                                6.1.7 Linux         

                                6.1.8 Application Software          

                                6.1.9 Business Intelligence (BI)  

                                6.1.10 Supply Chain Management (SCM)              

                                6.1.11 Market Size Estimations & Forecasts (2021-2026) 

                                6.1.12 Y-o-Y Growth Rate Analysis           

                                6.1.13 Market Attractiveness Index        

                6.2 Enterprise Software Market, By Application                 

                                6.2.1 supply chain           

                                6.2.2 customer information management            

                                6.2.3 sales accounting   

                                6.2.4 web services          

                                6.2.5 energy management          

                                6.2.6 government           

                                6.2.7 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.8 Y-o-Y Growth Rate Analysis              

                                6.2.9 Market Attractiveness Index           

                6.3 Enterprise Software Market, By Deployment Mode                  

                                6.3.1 proprietary software          

                                6.3.2 outsourcing software         

                                6.3.3 application service providers          

                                6.3.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.5 Y-o-Y Growth Rate Analysis              

                                6.3.6 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                                7.2.3 By Application       

                                7.2.4 By Deployment Mode        

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Type    

                                7.3.3 By Application       

                                7.3.4 By Deployment Mode        

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Type    

                                7.4.3 By Application       

                                7.4.4 By Deployment Mode        

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Type    

                                7.5.3 By Application       

                                7.5.4 By Deployment Mode        

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

                                7.6.3 By Application       

                                7.6.4 By Deployment Mode        

8. Key Player Analysis                                    

                8.1 Microsoft company                 

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Infor Inc                       

                8.3 Kronos Incorporated                              

                8.4 IBM Corporation                      

                8.5 SAP AG                         

                8.6 Oracle Corporation                 

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
  • Segment-level analysis in terms of type, application, deployment mode along with market size forecasts and estimations to detect key areas of industry growth in detail.
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development.
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Global Enterprise Software Market By Region, From 2021-2026 ( USD Billion )
  2. Global Enterprise Software Market By Type, From 2021-2026 ( USD Billion )
  3. Global Customer Relationship Management (CRM) Market By Region, From 2021-2026 ( USD Billion )
  4. Global Enterprise Resource Planning (ERP) Market By Region, From 2021-2026 ( USD Billion )
  5. Global Enterprise Software Market By Region, From 2021-2026 ( USD Billion )
  6. Global System Software Market By Region, From 2021-2026 ( USD Billion )
  7. Global Microsoft Windows Market By Region, From 2021-2026 ( USD Billion )
  8. Global iOS Market By Region, From 2021-2026 ( USD Billion )
  9. Global Linux Market By Region, From 2021-2026 ( USD Billion )
  10. Global Application Software Market By Region, From 2021-2026 ( USD Billion )
  11. Global Business Intelligence (BI) Market By Region, From 2021-2026 ( USD Billion )
  12. Global Supply Chain Management (SCM) Market By Region, From 2021-2026 ( USD Billion )
  13. Global Enterprise Software Market By Application, From 2021-2026 ( USD Billion )
  14. Global supply chain Market By Region, From 2021-2026 ( USD Billion )
  15. Global customer information management Market By Region, From 2021-2026 ( USD Billion )
  16. Global sales accounting Market By Region, From 2021-2026 ( USD Billion )
  17. Global web services Market By Region, From 2021-2026 ( USD Billion )
  18. Global energy management Market By Region, From 2021-2026 ( USD Billion )
  19. Global government Market By Region, From 2021-2026 ( USD Billion )
  20. Global Enterprise Software Market By Deployment Type, From 2021-2026 ( USD Billion )
  21. Global proprietary software Market By Region, From 2021-2026 ( USD Billion )
  22. Global outsourcing software  Market By Region, From 2021-2026 ( USD Billion )
  23. Global application service providers Market By Region, From 2021-2026 ( USD Billion )

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