Global software market revenue by segment 2016-2025

Enterprise software has the largest share of the overall software market, with worldwide revenues amounting to over 200 billion U.S. dollars in 2019, according to the Statista Technology Market Outlook. Due to the impact of the coronavirus (COVID-19) outbreak, the global software market is expected to decline across all segments in 2020, with the exception of system infrastructure software, which is projected to experience mild growth.

What is enterprise software?

  Enterprise software is the software primarily used to satisfy various business needs. It helps companies meet their goals by boosting enterprise productivity and efficiency – for example through helping to track and improve supply chains, interact with customers, or manage resources. There are a wide range of applications under the term “enterprise software”, with accounting software, office suites, human resource management (HRM) systems, and enterprise resource planning (ERP) being a few of them.

How do most global enterprises deploy their ERP solutions?

  Enterprise resource planning (ERP) is a type of software organizations used to manage day-to-day business activities like supply chain operations, accounting, or project management, among others. These software solutions can be deployed through different models. Most companies worldwide report on-premise solutions as their primary method for ERP deployment followed by cloud ERP systems and software-as-a-service solutions. Over 60 percent of companies worldwide reported cost overruns in their ERP implementation projects as of 2020.

Revenue of the software market worldwide from 2016 to 2025, by segment

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