Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 218.65 billion

CAGR (2023-2028)

11.47%

Fastest Growing Segment

Customer relationship management (CRM) software

Largest Market

North America


Market Overview

Global Enterprise Software Market has experienced tremendous growth in recent years and is poised to continue its strong expansion. The Enterprise Software Market reached a value of USD 218.65 billion in 2022 and is projected to maintain a compound annual growth rate of 11.47% through 2028. The Global Enterprise Software market has seen tremendous growth in recent years, driven largely by widespread digital transformation across organizations globally. Companies are increasingly leveraging cutting-edge technologies like AI, IoT, analytics, and wearables to optimize their operations, improve customer engagement, and meet stringent regulations. One key area seeing rising adoption of Enterprise Software solutions is talent management and workforce security. Advanced platforms use data analytics and AI to gain valuable insights from employee devices, providing unprecedented visibility into workforce behaviors. These sophisticated tools continuously monitor activities in real-time, quickly detecting non-compliant or risky actions. This proactive approach has proven effective in addressing issues like fraud prevention, mitigating insider threats, and ensuring regulatory compliance. Industries like financial services and government have led the way in implementing these innovative solutions. In the era of remote and hybrid work, overseeing global operations through data and analytics is more important than ever. Leading companies are harnessing analytics from distributed endpoints and AI-powered tools to streamline collaboration within distributed workforces while also protecting sensitive data. This dual focus enables more productive remote work while robustly securing customer information. Furthermore, analytics vendors are making substantial R&D investments in predictive modeling, integration, and user-friendly solutions. These investments are poised to unlock even greater value through applications like predictive threat detection, optimized access control, and highly personalized digital services for customers. Importantly, these solutions maintain strong privacy and security controls to ensure data protection and compliance. The convergence of workforce security and customer experience presents major growth opportunities for Enterprise Software providers. As these tools continue to evolve and integrate advanced capabilities, they will generate more personalized insights and automate critical processes. This will better equip businesses to address constantly changing and stringent compliance requirements in our increasingly digital world. In summary, the outlook for the Global Enterprise Software industry remains clearly positive. The sector's exponential growth underscores its critical role in safeguarding organizations' digital assets, optimizing operations, and enhancing the overall customer experience. As technology advances, Enterprise Software will remain central to ensuring a secure, efficient, and compliant digital landscape for businesses worldwide.

Key Market Drivers

Digital Transformation Imperative

In the era of digitalization, the Global Enterprise Software Market is being propelled by the imperative for businesses to undergo comprehensive digital transformation. This transformative journey involves the integration of advanced software solutions across various business functions to enhance operational efficiency, agility, and competitiveness.

Enterprises are increasingly recognizing that digital transformation is not a choice but a necessity to stay relevant in today's rapidly evolving business landscape. To achieve this, they invest in enterprise software that offers capabilities such as cloud computing, data analytics, artificial intelligence, and IoT integration. These technologies enable businesses to streamline their operations, gain valuable insights from data, automate manual processes, and deliver superior customer experiences.

Moreover, the COVID-19 pandemic accelerated the need for digital transformation as remote work, online collaboration, and e-commerce became the norm. Enterprise software played a pivotal role in enabling organizations to adapt to this new reality by providing tools for remote work, supply chain optimization, and enhanced customer engagement.

 

Focus on Enhanced Productivity and Efficiency

 

Enhanced productivity and operational efficiency continue to be key drivers for the Global Enterprise Software Market. Businesses are under constant pressure to do more with less, and enterprise software solutions offer the means to achieve these objectives.

Enterprise Resource Planning (ERP) software, for example, centralizes and automates core business processes, reducing manual work and errors. Customer Relationship Management (CRM) software improves sales and marketing efficiency by providing insights into customer behavior and preferences. Business Intelligence (BI) and Analytics tools enable data-driven decision-making, optimizing resource allocation and identifying growth opportunities.

Furthermore, Enterprise Mobility Management (EMM) software supports the mobile workforce, ensuring that employees have secure access to data and applications while on the go. This flexibility enhances productivity by enabling remote work and real-time collaboration.

 

Evolving Regulatory and Compliance Requirements

The ever-evolving regulatory and compliance landscape across industries is a significant driver shaping the Global Enterprise Software Market. As regulations become more complex and stringent, organizations must invest in software solutions that help them navigate this intricate terrain.

Industries such as finance, healthcare, and manufacturing face stringent data privacy and security regulations. This has led to increased adoption of security and identity management software to safeguard sensitive information and ensure compliance with data protection laws like GDPR and HIPAA.

Additionally, financial reporting and auditing standards demand precision and accuracy. Financial Management Software assists organizations in adhering to these standards, reducing the risk of non-compliance and associated penalties.

Furthermore, as environmental and sustainability regulations gain prominence, organizations deploy Enterprise Asset Management (EAM) software to monitor and manage their assets in an environmentally responsible manner.

In conclusion, the Global Enterprise Software Market is driven by the imperative of digital transformation, the relentless pursuit of enhanced productivity and efficiency, and the evolving regulatory and compliance requirements across various industries. These drivers collectively underscore the pivotal role that enterprise software plays in enabling organizations to thrive in a rapidly changing business landscape.


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Key Market Challenges

Adapting to Changing Customer Needs

One of the biggest challenges facing the global enterprise software market is the ability to adapt products and services to meet the constantly evolving needs of customers. Today's business environment is more dynamic than ever, with new technologies, workstyles, and business models emerging at a rapid pace. Customers expect the software solutions powering their businesses to keep up with these changes. However, developing and deploying new features, integrations, and functionality takes significant time and resources for enterprise software vendors. By the time enhancements reach the market, customer demands may have already shifted in new directions. To remain competitive, software companies must implement more agile development processes and find innovative ways to gather real-time customer feedback that can be rapidly incorporated into product roadmaps. Failing to keep products fresh and aligned with where customers are headed could result in market share losses to more nimble competitors. Adapting offerings at the speed of business will be critical for software vendors navigating this challenging landscape in the years ahead.

Security in the Age of Cloud Computing and Mobility

As enterprise software increasingly moves to the cloud and supports remote workforces through mobile and SaaS-based solutions, maintaining security and compliance is another major hurdle for the industry. With more access points and a lack of control over end-user devices, the attack surface is vastly expanded compared to traditional on-premise models. Customers rightly demand stringent data protection, especially as regulations like GDPR have raised the stakes for unintended breaches or leaks. However, securing complex cloud environments and applications accessed through a multitude of personal and public networks requires massive ongoing investment. Smaller software companies may struggle to keep pace with well-funded cybercriminals and state-sponsored hacking groups. Even major vendors can fall victim to sophisticated attacks. Earning and retaining customer trust on security will mean constantly innovating defenses, monitoring for vulnerabilities, and responding rapidly to emerging threats. Without robust security that customers feel they can depend on, adoption of cloud-based enterprise solutions could stall.

Key Market Trends

Growing Adoption of Cloud-Based Solutions

The enterprise software industry has seen a significant shift towards cloud-based solutions over the past decade. With the proven ability of cloud platforms to offer flexibility, scalability and reduced upfront costs, more organizations are adopting Software-as-a-Service (SaaS) models for their business-critical applications. According to recent industry reports, worldwide spending on public cloud services is projected to grow 23% in 2022 to total USD 494 billion. This rapid rise in cloud adoption is being driven by the strategic business benefits it provides such as easy access to applications from any device, automatic updates and upgrades, and pay-as-you-go pricing models. Leading enterprise software vendors have also enhanced their cloud offerings with advanced capabilities around analytics, AI and security to better meet the evolving needs of digital enterprises. As cloud infrastructure and technologies continue to mature, more companies are likely to transition their on-premise systems to the cloud for improved agility, reduced IT costs and seamless collaboration capabilities.

Rise of Subscription and Usage-Based Pricing

Another notable trend impacting the enterprise software market is the shift from traditional perpetual licensing models to subscription and usage-based pricing. Vendors are moving away from one-time license fees towards recurring revenue streams through monthly or annual subscriptions. This allows customers to pay for only what they use and provides a more predictable cost structure aligned with actual software consumption. It also helps software companies generate steady cash flows. According to analysts, subscription billings now account for over 70% of new software deals. Leading vendors like Microsoft, Adobe and Salesforce have transformed their business models and are deriving a major portion of their revenues from subscriptions. As customers demand greater flexibility and prefer operational expenditures over large upfront capital costs, subscription pricing is expected to become the norm across most enterprise software categories going forward.

Focus on Customer Experience and Engagement

With competition intensifying, enterprises are recognizing the importance of enhancing customer experience to build loyalty and drive repeat business. This has led to increased focus on technologies that offer personalized, omnichannel interactions and actionable customer insights. Companies are leveraging advanced analytics, AI and automation solutions to gain a holistic view of each customer, understand their unique needs and preferences, and deliver hyper-personalized experiences at every touchpoint. They are also using engagement platforms to foster communities, facilitate peer-to-peer learning and strengthen advocacy. Furthermore, the pandemic has accelerated digital transformation initiatives and the adoption of collaborative applications and workflows that facilitate remote working and virtual customer engagements. Going forward, enterprise software vendors will need to offer integrated CX solutions that seamlessly bring together data, channels and intelligence to help businesses forge deeper connections with their customers in this digital-first world.

Segmental Insights

Deployment Modes Insights

Segmented Deployment Modes (On-Premises, Cloud-Based) type segment dominated the Global Enterprise Software Market in 2022 and is expected to maintain its dominance during the forecast period. The On-Premises deployment mode held the largest market share in 2022 as many large enterprises preferred to host their applications and data within their own secure infrastructure and had concerns over shifting their core business applications to the cloud due to data security and privacy risks. However, the Cloud-Based deployment mode is expected to witness the highest CAGR during the forecast period owing to the scalability, flexibility, and cost-effectiveness offered by cloud-based solutions. With the growing adoption of cloud technologies, especially post-pandemic, more enterprises are shifting their non-core applications and workloads to the cloud to reduce capital expenditure and operational costs. This has propelled the growth of the Cloud-Based deployment mode segment. Nevertheless, the On-Premises deployment mode will continue dominating the market during the forecast period due to the critical nature of most enterprise applications. Most large enterprises are also expected to follow a hybrid deployment strategy utilizing both on-premises and cloud-based solutions to achieve optimal utilization of resources and ensure business continuity.

Service Types Insights

Customer relationship management (CRM) software dominated the global enterprise software market in 2022, with a market share of over 20%. CRM software helps organizations manage various aspects of customer interactions across marketing, sales, customer service and other departments. It captures all customer data in one centralized system to gain insights into customer behavior and improve business relationships. With the growing digital transformation of businesses and their increasing focus on providing superior customer experiences, the demand for CRM software has surged. It allows companies to streamline processes, enhance collaboration and provide a unified view of customers. The CRM software segment is expected to maintain its dominance during the forecast period from 2022 to 2027 due to the rising need for managing customer lifecycles and generating more revenue from existing customers. Other factors like the growing adoption of cloud-based CRM solutions and increasing mobile workforce will further propel the growth of this segment. While ERP, BI and other types of enterprise software will witness steady growth rates, CRM software is poised to experience the highest CAGR during the projected timeframe owing to its crucial role in digital transformation initiatives of businesses worldwide.


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Regional Insights

North America dominated the global enterprise software market in 2022 and is expected to maintain its dominance during the forecast period from 2022 to 2027. The region accounted for the largest market share of over 35% in 2022 owing to strong investments in advanced technologies by established organizations in countries like the United States and Canada. North American countries have a high adoption rate of advanced technologies like cloud computing, artificial intelligence, Internet of Things, and big data analytics across various industry verticals such as manufacturing, healthcare, BFSI, and IT & telecom. This high adoption of advanced technologies has significantly increased the demand for enterprise software in the region. Furthermore, the presence of major global players like Microsoft, Oracle, SAP, Salesforce, and Adobe in the region is another major factor contributing to North America's dominance in the global enterprise software market. These players are continuously focusing on new product launches and innovations to cater to the evolving needs of customers. Additionally, increasing investments by governments and private organizations in digital transformation initiatives are expected to further propel the demand for enterprise software in North America during the forecast period.

Recent Developments

  • SAP announced plans to invest over $2 billion in its cloud business through 2023 as it aims to transition more customers to its S/4HANA cloud ERP suite. It also launched new industry cloud solutions for sectors like retail.
  • Oracle acquired health IT companies Cerner and HealthEquity to expand its presence in healthcare IT and services. It also launched new cloud applications and autonomous database capabilities.
  • Microsoft continued expanding its Dynamics 365 business applications with new ERP, CRM, and industry cloud solutions. It also acquired Ally.io to bolster its no-code/low-code Power Platform.
  • Salesforce acquired Slack to strengthen its portfolio of collaboration tools. It also launched new industry clouds and expanded its platform capabilities like Commerce Cloud.
  • Workday launched new HCM, financial, and planning products and made acquisitions like Anthropic to boost its AI capabilities.
  • ServiceNow expanded its Now Platform offerings into new product categories like IT service management, security operations, and employee workflows.
  • Adobe launched new experience cloud applications and marketing tools with AI/analytics capabilities.

Key Market Players

  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • International Business Machines Corporation
  • VMware, Inc
  • salesforce.com, inc
  • Adobe Inc.
  • Cisco Systems, Inc
  • Symantec Corporation
  • HP Inc

 By Deployment Modes

By Service Types

By End-User Industry

By Region

  • On-Premises
  • Cloud-Based
  • Enterprise resource planning (ERP) software
  • Customer relationship management (CRM) software
  • Business intelligence (BI) software
  • Supply chain management (SCM) software
  • Content management software (CMS)
  • human capital management software
  • Other enterprise software
  • Banking, Financial Services, and Insurance (BFSI)
  • Retail
  • Telecommunications and Technology
  • Manufacturing
  • Healthcare
  • Others
  •  
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

 

Report Scope:

In this report, the Global Enterprise Software Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Enterprise Software Market, By Deployment Modes:

o   On-Premises

o   Cloud-Based

  • Enterprise Software Market, By Service Types:

o   Enterprise resource planning (ERP) software

o   Customer relationship management (CRM) software

o   Business intelligence (BI) software

o   Supply chain management (SCM) software

o   Content management software (CMS)

o   human capital management software

o   Other enterprise software

  • Enterprise Software Market, By End-User Industry:

o   Banking, Financial Services, and Insurance (BFSI)

o   Retail

o   Telecommunications and Technology

o   Manufacturing

o   Healthcare

o   Others

  • Enterprise Software Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Enterprise Software Market.

Available Customizations:

Global Enterprise Software Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Enterprise Software Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]                

Table of content

1.    Service Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.    Secondary Research

2.5.2.    Primary Research

2.6.  Approach for the Market Study

2.6.1.    The Bottom-Up Approach

2.6.2.    The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.    Data Triangulation & Validation

3.    Executive Summary

4.    Voice of Customer

5.    Global Enterprise Software Market Overview

6.    Global Enterprise Software Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Deployment Modes (On-Premises, Cloud-Based)

6.2.2.    By Service Types (Enterprise resource planning (ERP) software, Customer relationship management (CRM) software, Business intelligence (BI) software, Supply chain management (SCM) software, Content management software (CMS), human capital management software, Other enterprise software)

6.2.3.    By End-User Industry (Banking, Financial Services, and Insurance (BFSI), Retail, and Telecommunications and Technology, Manufacturing, Healthcare, Others)

6.2.4.    By Region

6.3.  By Company (2022)

6.4.  Market Map

7.    North America Enterprise Software Market Outlook

7.1.  Market Size & Forecast      

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Deployment Modes

7.2.2.    By Service Types

7.2.3.    By End-User Industry

7.2.4.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Enterprise Software Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Deployment Modes

7.3.1.2.2.           By Service Types

7.3.1.2.3.           By End-User Industry

7.3.2.    Canada Enterprise Software Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Deployment Modes

7.3.2.2.2.           By Service Types

7.3.2.2.3.           By End-User Industry

7.3.3.    Mexico Enterprise Software Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Deployment Modes

7.3.3.2.2.           By Service Types

7.3.3.2.3.           By End-User Industry

8.    Europe Enterprise Software Market Outlook

8.1.  Market Size & Forecast      

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Deployment Modes

8.2.2.    By Service Types

8.2.3.    By End-User Industry

8.2.4.    By Country

8.3.  Europe: Country Analysis

8.3.1.    Germany Enterprise Software Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Deployment Modes

8.3.1.2.2.           By Service Types

8.3.1.2.3.           By End-User Industry

8.3.2.    United Kingdom Enterprise Software Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Deployment Modes

8.3.2.2.2.           By Service Types

8.3.2.2.3.           By End-User Industry

8.3.3.    Italy Enterprise Software Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecasty

8.3.3.2.1.           By Deployment Modes

8.3.3.2.2.           By Service Types

8.3.3.2.3.           By End-User Industry

8.3.4.    France Enterprise Software Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Deployment Modes

8.3.4.2.2.           By Service Types

8.3.4.2.3.           By End-User Industry

8.3.5.    Spain Enterprise Software Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Deployment Modes

8.3.5.2.2.           By Service Types

8.3.5.2.3.           By End-User Industry

9.    Asia-Pacific Enterprise Software Market Outlook

9.1.  Market Size & Forecast      

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Deployment Modes

9.2.2.    By Service Types

9.2.3.    By End-User Industry

9.2.4.    By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.    China Enterprise Software Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Deployment Modes

9.3.1.2.2.           By Service Types

9.3.1.2.3.           By End-User Industry

9.3.2.    India Enterprise Software Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Deployment Modes

9.3.2.2.2.           By Service Types

9.3.2.2.3.           By End-User Industry

9.3.3.    Japan Enterprise Software Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Deployment Modes

9.3.3.2.2.           By Service Types

9.3.3.2.3.           By End-User Industry

9.3.4.    South Korea Enterprise Software Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Deployment Modes

9.3.4.2.2.           By Service Types

9.3.4.2.3.           By End-User Industry

9.3.5.    Australia Enterprise Software Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Deployment Modes

9.3.5.2.2.           By Service Types

9.3.5.2.3.           By End-User Industry

10. South America Enterprise Software Market Outlook

10.1.            Market Size & Forecast        

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Deployment Modes

10.2.2. By Service Types

10.2.3. By End-User Industry

10.2.4. By Country

10.3.            South America: Country Analysis

10.3.1. Brazil Enterprise Software Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Deployment Modes

10.3.1.2.2.         By Service Types

10.3.1.2.3.         By End-User Industry

10.3.2. Argentina Enterprise Software Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Deployment Modes

10.3.2.2.2.         By Service Types

10.3.2.2.3.         By End-User Industry

10.3.3. Colombia Enterprise Software Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Deployment Modes

10.3.3.2.2.         By Service Types

10.3.3.2.3.         By End-User Industry

11. Middle East and Africa Enterprise Software Market Outlook

11.1.            Market Size & Forecast        

11.1.1. By Value

11.2.            Market Share & Forecast

11.2.1. By Deployment Modes

11.2.2. By Service Types

11.2.3. By End-User Industry

11.2.4. By Country

11.3.            MEA: Country Analysis

11.3.1. South Africa Enterprise Software Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Deployment Modes

11.3.1.2.2.         By Service Types

11.3.1.2.3.         By End-User Industry

11.3.2. Saudi Arabia Enterprise Software Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Deployment Modes

11.3.2.2.2.         By Service Types

11.3.2.2.3.         By End-User Industry

11.3.3. UAE Enterprise Software Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Deployment Modes

11.3.3.2.2.         By Service Types

11.3.3.2.3.         By End-User Industry

11.3.4. Kuwait Enterprise Software Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Deployment Modes

11.3.4.2.2.         By Service Types

11.3.4.2.3.         By End-User Industry

11.3.5. Turkey Enterprise Software Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Deployment Modes

11.3.5.2.2.         By Service Types

11.3.5.2.3.         By End-User Industry

11.3.6. Egypt Enterprise Software Market Outlook

11.3.6.1.     Market Size & Forecast

11.3.6.1.1.         By Value

11.3.6.2.     Market Share & Forecast

11.3.6.2.1.         By Deployment Modes

11.3.6.2.2.         By Service Types

11.3.6.2.3.         By End-User Industry

12. Market Dynamics

12.1.            Drivers

12.2.            Challenges

13. Market Trends & Developments

14. Company Profiles

14.1.            Microsoft Corporation .

14.1.1.            Business Overview

14.1.2.            Key Revenue and Financials  

14.1.3.            Recent Developments

14.1.4.            Key Personnel/Key Contact Person

14.1.5.            Key Product/Services Offered

14.2.            Oracle Corporation

14.2.1.            Business Overview

14.2.2.            Key Revenue and Financials  

14.2.3.            Recent Developments

14.2.4.            Key Personnel/Key Contact Person

14.2.5.            Key Product/Services Offered

14.3.            SAP SE

14.3.1.            Business Overview

14.3.2.            Key Revenue and Financials  

14.3.3.            Recent Developments

14.3.4.            Key Personnel/Key Contact Person

14.3.5.            Key Product/Services Offered

14.4.            International Business Machines Corporation

14.4.1.            Business Overview

14.4.2.            Key Revenue and Financials  

14.4.3.            Recent Developments

14.4.4.            Key Personnel/Key Contact Person

14.4.5.            Key Product/Services Offered

14.5.            VMware, Inc

14.5.1.               Business Overview

14.5.2.               Key Revenue and Financials  

14.5.3.               Recent Developments

14.5.4.               Key Personnel/Key Contact Person

14.5.5.               Key Product/Services Offered

14.6.            Symantec Corporation

14.6.1.               Business Overview

14.6.2.               Key Revenue and Financials  

14.6.3.               Recent Developments

14.6.4.               Key Personnel/Key Contact Person

14.6.5.               Key Product/Services Offered

14.7.            salesforce.com, inc

14.7.1.               Business Overview

14.7.2.               Key Revenue and Financials  

14.7.3.               Recent Developments

14.7.4.               Key Personnel/Key Contact Person

14.7.5.               Key Product/Services Offered

14.8.            Adobe Inc..

14.8.1.               Business Overview

14.8.2.               Key Revenue and Financials  

14.8.3.               Recent Developments

14.8.4.               Key Personnel/Key Contact Person

14.8.5.               Key Product/Services Offered

14.9.            Cisco Systems, Inc.

14.9.1.               Business Overview

14.9.2.               Key Revenue and Financials  

14.9.3.               Recent Developments

14.9.4.               Key Personnel/Key Contact Person

14.9.5.               Key Product/Services Offered

14.10.          HP Inc

14.10.1.              Business Overview

14.10.2.              Key Revenue and Financials  

14.10.3.              Recent Developments

14.10.4.              Key Personnel/Key Contact Person

14.10.5.              Key Product/Services Offered

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Enterprise Software Market was USD 218.65 billion in 2022.

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Enterprise resource planning (ERP) software was the dominant segment by service types in the global enterprise software market in 2022. ERP software helps organizations manage day-to-day business activities like accounting, procurement, project management, risk management and compliance, and supply chain operations.

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North America currently holds the largest share in the global enterprise software market. This can be attributed to the presence of major players and early adoption of advanced technologies in the region.

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The major drivers for the Global Enterprise Software Market are the growing adoption of cloud and mobile applications..

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Sakshi Bajaal

Business Consultant
Press Release

Enterprise Software Market to Grow with a CAGR of 11.47% Globally through to 2028

Oct, 2023

Enterprise Software market is increasing due to the growing demand for digital transformation and the need for businesses to enhance efficiency in the forecast period, 2024-2028.