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Enterprise Application Market Share

Report ID: GMI701
Published Date: Apr 2022
Report Format: PDF

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Enterprise Application Market Share

Some of the key players operating in the industry are

Adobe, Inc.
Epicor Software Corporation
Fiserv, Inc.
Genesys Telecommunications Laboratories, Inc.
Hewlett Packard Enterprise Co.
IBM Corporation
IFS AB
Infor, Inc.
JDA Software (Blue Yonder)
Microsoft Corporation
MicroStrategy Incorporated
NetSuite, Inc.
Oracle Corporation
Qlik Technologies, Inc.
SAGE Group Plc
Salesforce.com, Inc.
QAD Inc.
SAP SE
Tableau Software, LLC
Total Soft S.A.
TIBCO Software, Inc.
Zoho Corporation

The global enterprise application market remains substantially consolidated with the top five players accounting for nearly half of the market share in terms of revenue. Prominent players operating in the market are placing an ever-growing emphasis on delivering advanced enterprise application solutions and widening their product capabilities through acquisitions.

The market has also witnessed several strategic alliances between key players to launch new products with added functionalities and maintain revenue share & profitability. For instance, in August 2021, Wipro collaborated with HERE Technologies to deliver location-based asset management solutions suited for multiple industry verticals.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of enterprise application was over USD 200 billion during 2021 and will witness around 5% CAGR over 2022-2028 with increased need for business-oriented applications that can be customized as per key requirements.

Cloud segment accounted for over 55% share of Japan industry in 2021 as companies look to lower the cost of ownership by using cloud services.

CRM segment held nearly 30% share of UK market in 2021 and will expand as businesses aim to boost productivity, improve customer engagement, and implement technologies like IoT and AI.

U.S. industry revenue from manufacturing segment will record over 5% CAGR through 2028 with automakers in the region adopting industry 4.0 practices to streamline production.

Global enterprise application landscape consists of key players such as Hewlett Packard Enterprise Co., Salesforce.com, Inc., Oracle Corporation, Adobe, Inc., Tableau Software, LLC, MicroStrategy Incorporated, Microsoft Corporation, Fiserv, Inc., and IBM Corporation, among some others.