Enterprise Software Market - Global Industry Analysis , Size , Share , Growth , Trends and Forecasts 2017 – 2022 Key Highlights of the Report :
It is anticipated that the global enterprise software market will exceed US $ 500 Billion by 2022 . Countries in North America and Europe have been identified as early adopters of enterprise software . The Customer Relationship Management ( CRM ) and Enterprise Resource Planning ( ERP ) are the leading application segments of the enterprise software market . Business intelligence is the third largest segment for enterprise software being followed by Supply Chain Management ( SCM ) applications . Web Conferencing Collaboration / Social Software Suites captured least share of the enterprise software market Banking & Securities , Communications , Media & Services , and Manufacturing & Natural Resources are the top three industry for enterprise software market . Insurance and Retail industries are competing very closely with each other to grab maximum share of the enterprise software market . North America is the largest market for enterprise software accounting for XX percent share in 2016 . Western Europe is the second largest market for enterprise software capturing XX percent share in 2016 . Asia Pacific enterprise application market is anticipated to witness growth owing to rising number of startup and presence of large number of small scale industries . The top five ( Microsoft , Oracle , SAP , IBM and EMC ) enterprise software vendors accounted for over 40 percent of the total market in 2016 . Microsoft dominated the enterprise software market with XX percent share in 2016 .
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