Enterprise Application Market size expected to reach USD 287.71 billion by 2024 - PowerPoint PPT Presentation

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Enterprise Application Market size expected to reach USD 287.71 billion by 2024

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Enterprise Application Market size was valued at USD 150 billion in 2015, and is anticipated to grow at 7.6% CAGR from 2016 to 2024; according to a new research report by Global Market Insights, Inc. – PowerPoint PPT presentation

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Title: Enterprise Application Market size expected to reach USD 287.71 billion by 2024


1
Enterprise Application Market size expected to
reach USD 287.71 billion by 2024, to grow at 7.6
CAGR from 2016 to 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Enterprise Application Market
  • Content management system market share will grow
    at 13.5 CAGR over the forecast timeline.
    Features such as capability of conveting
    unstructured data into structured is likely to
    aid in easy website content management and in
    turn drive growth. Benefits offerd such as
    up-selling and cross-selling opportunities,
    customer behavior insights and improved
    efficiency is likley to drive the business
    intelligence market over the forecast period.
  • On-premise enterprise application market size was
    over USD 100 billion in 2015, cloud based
    services are set to gain revenue share in the
    coming years.
  • Healthcare applications occupied more than 10 of
    the overall industry share in 2015. These
    applications effectively handle digitized data
    from multiple sources and in turn enable
    organizations to gain real-time transparency and
    process optimization.

3
  • Key competitors include Oracle, Epicor Software,
    IBM, SAP, Microsoft, QAD, Hewlett Packard and
    IFS. The enterprise application market share is
    characterized by frequent strategic partnerships
    and mergers acquisitions.
  • Key competitors include Oracle, Epicor Software,
    IBM, SAP, Microsoft, QAD, Hewlett Packard and
    IFS. The enterprise application market share is
    characterized by frequent strategic partnerships
    and mergers acquisitions.

Continued...
  • Asia Pacific enterprise application market will
    grow at 9.5 CAGR. Rising demand for cloud-based
    solutions amongst medium and small scale
    industries are the major growth drivers.
  • Key competitors include Oracle, Epicor Software,
    IBM, SAP, Microsoft, QAD, Hewlett Packard and
    IFS. The enterprise application market share is
    characterized by frequent strategic partnerships
    and mergers acquisitions.

4
Asia Pacific Enterprise Application Market Size,
by end-use, 2013-2024 (USD Billion)

5

Browse Full Market Research Report Enterprise
Application Market _at_ https//www.gminsights.com/i
ndustry-analysis/enterprise-application-market R
equest for a Sample of this Research report _at_
https//www.gminsights.com/request-sample/detail/7
01
6
360 Analysis
  • Application Analysis
  • Increasing preference for remote access and
    emergence of smartphones is anticipated to surge
    data VAS usage and in turn facilitate industry
    demand. Furthermore, availability of
    multi-functional as well as cost-effective
    products is anticipated to positively impact
    revenue. Rising consumer preference for
    multimedia devices coupled with growth in mobile
    devices is expected to propel demand.
  • Regional Analysis
  • U.S. enterprise application market was valued at
    over USD 30 billion in 2015, with the North
    American industry likely to account for more than
    30 of the revenue by 2024. Growth in the region
    can be credited to dynamic organizational
    structure paired with companies customer centric
    approach.
  • Competitive Market Share
  • Key industry participants contributing to
    enterprise application market share include IBM,
    Microsoft, Oracle, and SAP Other prominent
    industry players are Epicor Software,
    Hewlett-Packard, IFS, Infor, and QAD. Players in
    the industry practice high degree of innovation
    and customization to provide unique solutions to
    existing and potential customers. Intersegment
    rivalry is high owing to the presence of large
    number of solutions such as such as ERP, CRM, BI,
    BPM, EAM, CMS, and web conferencing.


7
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