Global Enterprise Application Market Outlook to 2027

Dublin, April 26, 2022 (GLOBE NEWSWIRE) — The “Global Enterprise Application Market Size, Share and Trend Analysis Report by Component, by Solution Type, by Deployment Type, by Size by Vertical, Regional Outlook and Forecast, 2021-2027 Report” has been added to from offer.

The global enterprise application market size is expected to reach $468.2 billion by 2027, with the market growing at 9.0% CAGR during the forecast period.

Business process management (BPM) and software configuration management (SCM) are examples of business application solutions that enable companies to track production from procurement to delivery to the end customer and manage stocks. The use of these technologies enables the flow of accurate, real-time business information between departments in any organization.

The implementation of enterprise applications enables a smooth flow of business data both inside and outside the enterprise. Using appropriate technologies, data can be collected and saved from a variety of sources, including social media. Enterprise applications are becoming more and more popular among businesses as it helps them to reduce their expenses and increase their market share. They help to increase the overall efficiency and productivity of the business. A growing number of companies in various industries are striving to improve customer service.

Data breaches and leaks have become more regular and harmful as organizations and services have gone digital on an unprecedented scale. Malware, ransomware, DDoS attacks, and cybercrime like phishing and other scams pose a threat to businesses large and small. Hash protocols, particular machine learning algorithms, encryption, firewalls, access control and data loss prevention are some of the security solutions to be used in 2021.

Progressive Web Apps (PWAs) are mobile applications that are embedded into a webpage or installed on a user’s system, redefining the way people access content online. They are impressing a growing number of users with a wide range of benefits, including being intuitive, linked, lightweight and search engine trackable, as well as the ability to work across multiple platforms.

COVID-19 Impact Analysis

An increase in the number of patients around the world has led to a global lockdown, forcing people to stay at home for an extended period. This has led to an increase in the use of web-based platforms for a variety of services, such as internet banking and online shopping. The growing number of online consumers makes it extremely difficult to properly process company data. This data is managed using enterprise application software. Due to the closure of retail stores and shopping malls, this has led to a major increase in the adoption of enterprise application software and pre-planned investments. Additionally, as a result of the COVID-19 pandemic, online banking is experiencing the fastest growth in the world, resulting in an increasing use of business application software for a variety of purposes, including customer loyalty. customers and optimizing customer needs.

Additionally, the use of enterprise application software is likely to increase in a number of verticals, including healthcare and pharmaceuticals, as well as retail, where it was low before. the COVID-19 crisis. In addition, following COVID-19, it is expected that many healthcare organizations will then prefer big data and cloud technology to implement customer needs analysis and track customer orders in the workplace. pharmaceutical industry in order to combat future pandemic situations and predict possible situations before they occur.

Market Growth Factors:

Growing demand for meeting regulatory compliance standards and managing audits

Audits are a terrible reality for any business. Companies are making significant changes to their IT systems and internal processes to comply with government regulations and mandates such as Sarbanes-Oxley, stringent security requirements from HIPPA, OSHA and the Securities and Exchange Commission . With built-in audit trails that provide access and transaction histories for every document, enterprise content management makes it easy. Government regulations require the preservation of various types of data and records, and the requirements are often complex.

Improved visibility and transparency of supply chain data and procedures

Previously, the biggest impediment to achieving supply chain goals was lack of visibility and transparency. Most companies lack the supply chain transparency and knowledge to better predict and prevent disruptions and inventory imbalances. This is partly due to an inability to manage a huge volume of data spread across various processes, sources and systems. Supply chain organizations are struggling to keep up with both technological advancements and the changes the digital age is bringing to industries and markets.

Marketing Restriction Factor:

Data security and privacy issues

Organizations around the world are preoccupied with security and compliance, and they are hesitant to implement new solutions that include data processing or data migration from one platform to another. The collection and transmission of data from one channel to another is part of enterprise content management. Many companies believe that enterprise content management solutions should lead to data theft in their highly abstract data sets due to a lack of sufficient information about security standards and their implementation.

Main topics covered:

Chapter 1. Market Scope and Methodology

Chapter 2. Market Overview
2.1 Presentation
2.1.1 Presentation Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market constraints

Chapter 3. Competitive Analysis – Global
3.1 Cardinal Matrix KBV
3.2 Recent Industry-Wide Strategic Developments
3.2.1 Partnerships, collaborations and agreements
3.2.2 Product launches and product extensions
3.2.3 Acquisitions and mergers
3.3 Main winning strategies
3.3.1 Key Primary Strategies: Percentage Breakdown (2017-2021)
3.3.2 Key Strategic Movement: (Product Launches and Product Extensions: 2017, May – 2021, Dec) Key Players

Chapter 4. Global Enterprise Application Market by Component
4.1 Global Solutions Market by Region
4.2 Global Solutions Market by Type
4.2.1 Global Supply Chain Management Market by Region
4.2.2 Global Enterprise Resource Planning Market by Region
4.2.3 Global Customer Relationship Management Market by Region
4.2.4 Global Business Process Management Market by Region
4.2.5 Global Enterprise Asset Management Market by Region
4.2.6 Global Business Intelligence Market by Region
4.2.7 Global Content Management System Market by Region
4.2.8 Global Others Market by Region
4.3 Global Services Market by Region

Chapter 5. Global Enterprise Application Market by Deployment Type
5.1 Global On-premises Market by Region
5.2 Global Cloud Market by Region
5.3 Global Hybrid Market by Region

Chapter 6. Global Enterprise Application Market by Organization Size
6.1 Global Large Enterprise Market by Region
6.2 Global Small & Medium Enterprise Market by Region

Chapter 7. Global Enterprise Application Market by Vertical
7.1 Global Telecom & IT Market by Region
7.2 Global BFSI Market by Region
7.3 Global Government Market by Region
7.4 Global Retail Market by Region
7.5 Global Manufacturing Market by Region
7.6 Global Healthcare Market by Region
7.7 Global Others Market by Region

Chapter 8. Global Enterprise Application Market by Region

Chapter 9. Business Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial analysis
9.1.3 Regional and sectoral analysis
9.1.4 Research and development costs
9.1.5 Recent Strategies and Developments: Partnerships, Collaborations and Agreements: Acquisitions and mergers: Product launches and product extensions:
9.1.6 SWOT Analysis
9.2 Oracle Corporation
9.2.1 Company Overview
9.2.2 Financial analysis
9.2.3 Sectoral and regional analysis
9.2.4 Research and development costs
9.2.5 Strategies and recent developments: Product launches and product extensions:
9.2.6 SWOT Analysis
9.3 Microsoft Corporation
9.3.1 Company overview
9.3.2 Financial analysis
9.3.3 Sectoral and regional analysis
9.3.4 Research & Development expenses
9.3.5 Strategies and recent developments: Partnerships, Collaborations and Agreements:
9.3.6 SWOT Analysis
9.4 SAP OS
9.4.1 Company Overview
9.4.2 Financial analysis
9.4.3 Sectoral and regional analysis
9.4.4 Research and development costs
9.4.5 Recent Strategies and Developments: Partnerships, collaborations and agreements: Product launches and product extensions:
9.4.6 SWOT Analysis
9.5, Inc.
9.5.1 Company Overview
9.5.2 Financial analysis
9.5.3 Regional Analysis
9.5.4 Research and development costs
9.5.5 Recent Strategies and Developments: Partnerships, Collaborations and Agreements: Acquisitions and Mergers: Product launches and product extensions:
9.5.6 SWOT analysis
9.6 Hewlett Packard Enterprise Company
9.6.1 Company Overview
9.6.2 Financial analysis
9.6.3 Sectoral and regional analysis
9.6.4 Research and development costs
9.6.5 Recent Strategies and Developments: Acquisitions and Mergers: Product launches and product extensions:
9.6.6 SWOT Analysis
9.7 IFS AB
9.7.1 Company Overview
9.7.2 Strategies and recent developments: Partnerships, Collaborations and Agreements: Acquisitions and mergers: Product launches and product extensions:
9.8 QAD, Inc. (Thoma Bravo)
9.8.1 Company Overview
9.8.2 Strategies and recent developments: Partnerships, Collaborations and Agreements: Acquisitions and mergers: Product launches and product extensions:
9.9 Epicor Software Corporation
9.9.1 Company Overview
9.9.2 Strategies and recent developments: Partnerships, collaborations and agreements: Acquisitions and mergers: Product launches and product extensions:
9.10. Infor, Inc. (Koch Industries)
9.10.1 Company Overview
9.10.2 Strategies and recent developments: Partnerships, collaborations and agreements: Acquisitions and mergers: Product launches and product extensions:

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