Enterprise Software Market was worth US$ 401.92 Mn in 2021 and total revenue is expected to grow at a rate of 6.15% CAGR from 2021 to 2029, reaching almost US$ 647.89 Mn in 2029Enterprise Software Market Overview:
The ERP software industry's supply is centralized, with the top five vendors accounting for half of the entire global market share they are Microsoft, Oracle and IBM etc. The market is changing and evolving, with worldwide vendors creating user-friendly interfaces and functionalities for consumers' comfort, gradually displacing the previous ERP software's excessive complexity. Due to cost savings and quick access to apps via Cloud and mobile devices, cloud ERP deployment is increasingly being favored over on-premise ERP deployment. Web conferencing, business intelligence, project and portfolio management, customer relationship management, enterprise resource planning, digital content creation, enterprise content management, and supply chain management are some of the line-of-business operations for which enterprise software is widely used by organizations across industry verticals. To obtain a major competitive edge, enterprise software tries to improve efficiency and productivity.To know about the Research Methodology :- Request Free Sample Report
Enterprise Software Market Dynamics:
Enterprise resource planning (ERP) is a modular software system that combines important functional areas of a company's business activities into a single system. An ERP system consists of fundamental software components, referred to as modules that focus on critical business areas including finance and accounting, human resource (HR), production and materials management, customer relationship management (CRM), supply chain management, and so on. Depending on the relevance of the business, organizations choose which essential modules to use. Traditional ERP technology has been around for a long time, but with the spread of modern technologies like IOT, AI and Big data Analytics, the industry has grown. The enterprise resource planning market is likely to benefit from increased technological innovation in Asia-Pacific countries such as India, China, Australia, and Singapore. Organizations can discover and reduce issues such as superfluous assets by integrating ERP with IoT-based devices. Also, IoT technology automates processes, ensuring that plant operations function smoothly without the need for human intervention. The rising trend of big data analytics and cloud computing is a key driver of the global enterprise software market's expansion. Cloud computing, corporate software adoption across numerous industrial verticals, increased information technology (IT) budgets, and rising need for business intelligence & analytics are all likely to fuel market expansion. Another major element expected to enhance market growth is the increased adoption of customer relationship management (CRM) and enterprise resource planning (ERP). Human resources, business intelligence, manufacturing, customer relationship management, sales and service, planning, inventory and materials management, purchasing, finance and accounting, and marketing are just a few of the line-of-business operations for which enterprise software is increasingly being used by organizations around the world and across most industry verticals.Enterprise Software Market Segment Analysis:
Global Enterprise Software Market can be sub-segmented into End user and Solution. Based on End user, the market is sub-segmented into by end users; cloud service providers segment held 28.76% of market share in 2021 and is expected to keep its dominance over forecast period owing to proliferation of cloud services. An increasing network complexity is also driving the growth of this segment over forecast period. Cloud service providers are followed by enterprises and BFSI segments. Enterprises segment is expected to hold 21.34% of market share over forecast period. SMEs and Large Enterprises are adopting enterprise software at high rates. Growing investments by large-scale IT industries pertaining to modernization and consolidation of IT infrastructure are driving the growth of this segment over forecast period. Based on Solution, the market is sub-segmented into SDN Switching and Cloud Virtualization. SAP offers its solutions such as SDN switching and Cloud virtualization to various end users. In January 23, 2019 SAP acquired Qualtrics. SAP and Qualtrics will be creating enterprise software for the organization to help them in delivering exceptional customer, employee, product, and brand experiences.Enterprise Software Market Regional Insights:
In 2021, North America dominated the entire ERP market share, owing to a variety of factors including the penetration of new industries and the improvement in the economy. Also, due to the low cost of deployment and maintenance, firms in this region are shifting from on-premise to cloud-enabled ERP software. The industry is likely to benefit from the presence of a large number of cloud ERP solution vendors across the United States and Canada. With roughly 58 %, North America is the most popular location for SaaS and Cloud implementation. Business intelligence, big data, and analytics capabilities are emerging as promising areas for the ERP market, with ERPs being utilised for more than just data reporting, allowing clients to make more robust and intelligent decisions. As a result, the enterprise resource planning (ERP) software industry is expected to grow as a result of technical innovations and adoptions. Objective of the report is to present a comprehensive analysis of the Global Enterprise Software market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global market dynamics, structure by analyzing the market segments and project the Global Enterprise Software market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Enterprise Software market make the report investor’s guideGlobal Enterprise Software Market Scope: Inquire before buying
Global Enterprise Software Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 401.92 Mn. Forecast Period 2022 to 2029 CAGR: 6.15% Market Size in 2029: US $ 647.89 Mn. Segments Covered: by Solutions • SDN Switching • Cloud Virtualization by End User • Cloud Service Providers • Retail • BFSI • Government • Enterprises • Others Global Enterprise Software Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaGlobal Enterprise Software Market key player
• PayPal Holdings, Inc. • Samsung Electronics Co., Ltd • VISA Inc. • Amazon Web Services Inc. • American Express Banking Corp. • Apple Inc. • Alipay.com • AT&T Inc. • Google Inc. • JP Morgan Chase • Tencent • Ant Financial • One97 Communications Limited • Vodafone • Skrill • Sprint Corporation • Well Fargo • First DataFrequently Asked Questions:
1)What was the market size of Global Enterprise Software Market markets in 2021? Ans - Global Enterprise Software Market was worth US$ 401.92 Mn in 2021. 2) What is the market segment of Global Enterprise Software Market markets? Ans -The market segments are based on Type, Technology, End use and Industrial vertical. 3) What is forecast period consider for Global Enterprise Software Market? Ans -The forecast period for Global Enterprise Software Market is 2022 to 2029 4) Which are the worldwide major key players covered for Global Enterprise Software Market report? Ans - PayPal Holdings, Inc., Samsung Electronics Co., Ltd, VISA Inc., Amazon Web Services Inc., American Express Banking Corp., Apple Inc., Alipay.com, AT&T Inc., Google Inc., JP Morgan Chase, Tencent, Ant Financial, One97 Communications Limited, Vodafone, Skrill, Sprint Corporation, Well Fargo, First Data. 5) Which region is dominated in Global Enterprise Software Market? Ans - In 2021, Asia Pacific region dominated the Global Enterprise Software Market.
To know about the Research Methodology :- Global Enterprise Software Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Enterprise Software Market, by Market Value (US$ Bn) and Volume(Ton) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Enterprise Software Market Analysis and Forecast 6.1. Global Enterprise Software Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Enterprise Software Market Analysis and Forecast, by Solutions 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Enterprise Software Market Value Share Analysis, by Solutions 7.4. Global Enterprise Software Market Size (US$ Bn) Forecast, by Solutions 7.5. Global Enterprise Software Market Analysis, by Solutions 7.6. Global Enterprise Software Market Attractiveness Analysis, by Solutions 8. Global Enterprise Software Market Analysis and Forecast, by End User 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Enterprise Software Market Value Share Analysis, by End User 8.4. Global Enterprise Software Market Size (US$ Bn) Forecast, by End User 8.5. Global Enterprise Software Market Analysis, by End User 8.6. Global Enterprise Software Market Attractiveness Analysis, by End User 9. Global Enterprise Software Market Analysis, by Region 9.1. Global Enterprise Software Market Value Share Analysis, by Region 9.2. Global Enterprise Software Market Size (US$ Bn) Forecast, by Region 9.3. Global Enterprise Software Market Attractiveness Analysis, by Region 10. North America Enterprise Software Market Analysis 10.1. Key Findings 10.2. North America Enterprise Software Market Overview 10.3. North America Enterprise Software Market Value Share Analysis, by Solutions 10.4. North America Enterprise Software Market Forecast, by Solutions 10.4.1. SDN Switching 10.4.2. Cloud Virtualization 10.5. North America Enterprise Software Market Value Share Analysis, by End User 10.6. North America Enterprise Software Market Forecast, by End User 10.6.1. Cloud Service Providers 10.6.2. Retail 10.6.3. BFSI 10.6.4. Government 10.6.5. Enterprises 10.6.6. Others 10.7. North America Enterprise Software Market Value Share Analysis, by Country 10.8. North America Enterprise Software Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Enterprise Software Market Analysis, by Country 10.10. U.S. Enterprise Software Market Forecast, by Solutions 10.10.1. SDN Switching 10.10.2. Cloud Virtualization 10.11. U.S. Enterprise Software Market Forecast, by End User 10.11.1. Cloud Service Providers 10.11.2. Retail 10.11.3. BFSI 10.11.4. Government 10.11.5. Enterprises 10.11.6. Others 10.12. Canada Enterprise Software Market Forecast, by Solutions 10.12.1. SDN Switching 10.12.2. Cloud Virtualization 10.13. Canada Enterprise Software Market Forecast, by End User 10.13.1. Cloud Service Providers 10.13.2. Retail 10.13.3. BFSI 10.13.4. Government 10.13.5. Enterprises 10.13.6. Others 10.14. North America Enterprise Software Market Attractiveness Analysis 10.14.1. By Solutions 10.14.2. By End User 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Enterprise Software Market Analysis 11.1. Key Findings 11.2. Europe Enterprise Software Market Overview 11.3. Europe Enterprise Software Market Value Share Analysis, by Solutions 11.4. Europe Enterprise Software Market Forecast, by Solutions 11.4.1. SDN Switching 11.4.2. Cloud Virtualization 11.5. Europe Enterprise Software Market Value Share Analysis, by End User 11.6. Europe Enterprise Software Market Forecast, by End User 11.6.1. Cloud Service Providers 11.6.2. Retail 11.6.3. BFSI 11.6.4. Government 11.6.5. Enterprises 11.6.6. Others 11.7. Europe Enterprise Software Market Value Share Analysis, by Country 11.8. Europe Enterprise Software Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Enterprise Software Market Analysis, by Country 11.10. Germany Enterprise Software Market Forecast, by Solutions 11.10.1. SDN Switching 11.10.2. Cloud Virtualization 11.11. Germany Enterprise Software Market Forecast, by End User 11.11.1. Cloud Service Providers 11.11.2. Retail 11.11.3. BFSI 11.11.4. Government 11.11.5. Enterprises 11.11.6. Others 11.12. U.K. Enterprise Software Market Forecast, by Solutions 11.12.1. SDN Switching 11.12.2. Cloud Virtualization 11.13. U.K. Enterprise Software Market Forecast, by End User 11.13.1. Cloud Service Providers 11.13.2. Retail 11.13.3. BFSI 11.13.4. Government 11.13.5. Enterprises 11.13.6. Others 11.14. France Enterprise Software Market Forecast, by Solutions 11.14.1. SDN Switching 11.14.2. Cloud Virtualization 11.15. France Enterprise Software Market Forecast, by End User 11.15.1. Cloud Service Providers 11.15.2. Retail 11.15.3. BFSI 11.15.4. Government 11.15.5. Enterprises 11.15.6. Others 11.16. Italy Enterprise Software Market Forecast, by Solutions 11.16.1. SDN Switching 11.16.2. Cloud Virtualization 11.17. Italy Enterprise Software Market Forecast, by End User 11.17.1. Cloud Service Providers 11.17.2. Retail 11.17.3. BFSI 11.17.4. Government 11.17.5. Enterprises 11.17.6. Others 11.18. Spain Enterprise Software Market Forecast, by Solutions 11.18.1. SDN Switching 11.18.2. Cloud Virtualization 11.19. Spain Enterprise Software Market Forecast, by End User 11.19.1. Cloud Service Providers 11.19.2. Retail 11.19.3. BFSI 11.19.4. Government 11.19.5. Enterprises 11.19.6. Others 11.20. Rest of Europe Enterprise Software Market Forecast, by Solutions 11.20.1. SDN Switching 11.20.2. Cloud Virtualization 11.21. Rest of Europe Enterprise Software Market Forecast, by End User 11.21.1. Cloud Service Providers 11.21.2. Retail 11.21.3. BFSI 11.21.4. Government 11.21.5. Enterprises 11.21.6. Others 11.22. Europe Enterprise Software Market Attractiveness Analysis 11.22.1. By Solutions 11.22.2. By End User 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Development 12. Asia Pacific Enterprise Software Market Analysis 12.1. Key Findings 12.2. Asia Pacific Enterprise Software Market Overview 12.3. Asia Pacific Enterprise Software Market Value Share Analysis, by Solutions 12.4. Asia Pacific Enterprise Software Market Forecast, by Solutions 12.4.1. SDN Switching 12.4.2. Cloud Virtualization 12.5. Asia Pacific Enterprise Software Market Value Share Analysis, by End User 12.6. Asia Pacific Enterprise Software Market Forecast, by End User 12.6.1. Cloud Service Providers 12.6.2. Retail 12.6.3. BFSI 12.6.4. Government 12.6.5. Enterprises 12.6.6. Others 12.7. Asia Pacific Enterprise Software Market Value Share Analysis, by Country 12.8. Asia Pacific Enterprise Software Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Enterprise Software Market Analysis, by Country 12.10. China Enterprise Software Market Forecast, by Solutions 12.10.1. SDN Switching 12.10.2. Cloud Virtualization 12.11. China Enterprise Software Market Forecast, by End User 12.11.1. Cloud Service Providers 12.11.2. Retail 12.11.3. BFSI 12.11.4. Government 12.11.5. Enterprises 12.11.6. Others 12.12. India Enterprise Software Market Forecast, by Solutions 12.12.1. SDN Switching 12.12.2. Cloud Virtualization 12.13. India Enterprise Software Market Forecast, by End User 12.13.1. Cloud Service Providers 12.13.2. Retail 12.13.3. BFSI 12.13.4. Government 12.13.5. Enterprises 12.13.6. Others 12.14. Japan Enterprise Software Market Forecast, by Solutions 12.14.1. SDN Switching 12.14.2. Cloud Virtualization 12.15. Japan Enterprise Software Market Forecast, by End User 12.15.1. Cloud Service Providers 12.15.2. Retail 12.15.3. BFSI 12.15.4. Government 12.15.5. Enterprises 12.15.6. Others 12.16. ASEAN Enterprise Software Market Forecast, by Solutions 12.16.1. SDN Switching 12.16.2. Cloud Virtualization 12.17. ASEAN Enterprise Software Market Forecast, by End User 12.17.1. Cloud Service Providers 12.17.2. Retail 12.17.3. BFSI 12.17.4. Government 12.17.5. Enterprises 12.17.6. Others 12.18. Rest of Asia Pacific Enterprise Software Market Forecast, by Solutions 12.18.1. SDN Switching 12.18.2. Cloud Virtualization 12.19. Rest of Asia Pacific Enterprise Software Market Forecast, by End User 12.19.1. Cloud Service Providers 12.19.2. Retail 12.19.3. BFSI 12.19.4. Government 12.19.5. Enterprises 12.19.6. Others 12.20. Asia Pacific Enterprise Software Market Attractiveness Analysis 12.20.1. By Solutions 12.20.2. By End User 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Development 13. Middle East & Africa Enterprise Software Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Enterprise Software Market Overview 13.3. Middle East & Africa Enterprise Software Market Value Share Analysis, by Solutions 13.4. Middle East & Africa Enterprise Software Market Forecast, by Solutions 13.4.1. SDN Switching 13.4.2. Cloud Virtualization 13.5. Middle East & Africa Enterprise Software Market Value Share Analysis, by End User 13.6. Middle East & Africa Enterprise Software Market Forecast, by End User 13.6.1. Cloud Service Providers 13.6.2. Retail 13.6.3. BFSI 13.6.4. Government 13.6.5. Enterprises 13.6.6. Others 13.7. Middle East & Africa Enterprise Software Market Value Share Analysis, by Country 13.8. Middle East & Africa Enterprise Software Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Enterprise Software Market Analysis, by Country 13.10. GCC Enterprise Software Market Forecast, by Solutions 13.10.1. SDN Switching 13.10.2. Cloud Virtualization 13.11. GCC Enterprise Software Market Forecast, by End User 13.11.1. Cloud Service Providers 13.11.2. Retail 13.11.3. BFSI 13.11.4. Government 13.11.5. Enterprises 13.11.6. Others 13.12. South Africa Enterprise Software Market Forecast, by Solutions 13.12.1. SDN Switching 13.12.2. Cloud Virtualization 13.13. South Africa Enterprise Software Market Forecast, by End User 13.13.1. Cloud Service Providers 13.13.2. Retail 13.13.3. BFSI 13.13.4. Government 13.13.5. Enterprises 13.13.6. Others 13.14. Rest of Middle East & Africa Enterprise Software Market Forecast, by Solutions 13.14.1. SDN Switching 13.14.2. Cloud Virtualization 13.15. Rest of Middle East & Africa Enterprise Software Market Forecast, by End User 13.15.1. Cloud Service Providers 13.15.2. Retail 13.15.3. BFSI 13.15.4. Government 13.15.5. Enterprises 13.15.6. Others 13.16. Middle East & Africa Enterprise Software Market Attractiveness Analysis 13.16.1. By Solutions 13.16.2. By End User 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Development 14. South America Enterprise Software Market Analysis 14.1. Key Findings 14.2. South America Enterprise Software Market Overview 14.3. South America Enterprise Software Market Value Share Analysis, by Solutions 14.4. South America Enterprise Software Market Forecast, by Solutions 14.4.1. SDN Switching 14.4.2. Cloud Virtualization 14.5. South America Enterprise Software Market Value Share Analysis, by End User 14.6. South America Enterprise Software Market Forecast, by End User 14.6.1. Cloud Service Providers 14.6.2. Retail 14.6.3. BFSI 14.6.4. Government 14.6.5. Enterprises 14.6.6. Others 14.7. South America Enterprise Software Market Value Share Analysis, by Country 14.8. South America Enterprise Software Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Enterprise Software Market Analysis, by Country 14.10. Brazil Enterprise Software Market Forecast, by Solutions 14.10.1. SDN Switching 14.10.2. Cloud Virtualization 14.11. Brazil Enterprise Software Market Forecast, by End User 14.11.1. Cloud Service Providers 14.11.2. Retail 14.11.3. BFSI 14.11.4. Government 14.11.5. Enterprises 14.11.6. Others 14.12. Mexico Enterprise Software Market Forecast, by Solutions 14.12.1. SDN Switching 14.12.2. Cloud Virtualization 14.13. Mexico Enterprise Software Market Forecast, by End User 14.13.1. Cloud Service Providers 14.13.2. Retail 14.13.3. BFSI 14.13.4. Government 14.13.5. Enterprises 14.13.6. Others 14.14. Rest of South America Enterprise Software Market Forecast, by Solutions 14.14.1. SDN Switching 14.14.2. Cloud Virtualization 14.15. Rest of South America Enterprise Software Market Forecast, by End User 14.15.1. Cloud Service Providers 14.15.2. Retail 14.15.3. BFSI 14.15.4. Government 14.15.5. Enterprises 14.15.6. Others 14.16. South America Enterprise Software Market Attractiveness Analysis 14.16.1. By Solutions 14.16.2. By End User 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Salesforce 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. SAP 15.3.3. EMC Corporation 15.3.4. Symantec 15.3.5. Oracle Corporation 15.3.6. HP 15.3.7. Microsoft Corporation 15.3.8. IBM Corporation 15.3.9. CA Technologies 15.3.10. VMware 15.3.11. Amazon 15.3.12. Red Hat 15.3.13. Mentor Graphics 15.3.14. Adobe 15.3.15. Com, Inc. 15.3.16. Dassault System 15.3.17. Dell EMC 15.3.18. Hewlett Packard Enterprise Development LP