Enterprise Application Market Size, Share, Growth, Outlook and Forecast 2022-27

According to the latest report from IMARC Group, the global application infrastructure middleware market reached a value of US$47.5 billion in 2021

SHERIDAN, WYOMING, USA, June 10, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report “Enterprise Application Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The Le The global enterprise application market reached a value of US$249.9 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$403.9 billion by 2027 , posting a CAGR of 8.24% over the period 2022-2027.

The enterprise application is a complex, scalable, component-based software system used in the enterprise environment. It includes computerized billing systems, online purchase and payment processing, content management, resource planning, application integration, interactive product catalogs and sales force automation. As it improves efficiency, flexibility, productivity, automates workflow and simplifies the information technology (IT) process, an enterprise application is used in various end-use industries across the globe .

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Market trends:

With the growing adoption of cloud-based solutions, enterprise applications are gaining popularity in small and medium-sized enterprises (SMEs) to drive business operations and processes. Additionally, rapid digitization, increasing penetration of broadband internet, and the emerging trend of bring your own device (BYOD) are creating a positive outlook for the market. Apart from this, the integration of Artificial Intelligence (AI), Internet of Things (IoT) and advanced computing technologies is expanding the usage of enterprise applications in retail, of manufacturing and health worldwide.

Breakdown by solution:

Customer relationship management
Integrated Management Software
Supply chain management
Analytics and business intelligence
Human capital management
Productivity tools
Others

Breakdown by organization size:

Small and medium enterprises
Large companies

Breakdown by deployment mode:

On the site
Cloud-based

Breakdown by end user:

BFSI
Manufacturing and retail
Health and Pharmaceutical
IT and Telecommunications
Government
Others

Market Breakdown by Region:

North America (USA, Canada)
Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, UK, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive landscape with a key player:

Accenture plc
Fujitsu Limited
infosys limited
International Commercial Machinery Society
iTransition group
Microsoft Corporation
Oracle Corporation
Pegasystems Inc.
Salesforce.com Inc.
SAP SE, Software SA
Tata Consultancy Services Limited.

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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as consumer behaviors in the industry around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.

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About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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