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Enterprise software total worldwide expenditure 2009-2020

Information technology (IT) spending on enterprise software worldwide, from 2009 to 2020 (in billion U.S. dollars)

by Shanhong Liu, last edited Jul 12, 2019
Enterprise software total worldwide expenditure 2009-2020 The statistic shows the worldwide IT spending on enterprise software from 2009 to 2020. In 2019, spending on enterprise software is expected to reach 457 billion U.S. dollars. That same year, expenditure in the global information technology market is forecast at 3,740 billion U.S. dollars, while IT services, the second largest segment behind communications services, is set to reach 1,016 billion U.S. dollars. Enterprise software is a segment of the information technology market aimed at responding to the needs of larger organizations' core business processes. Generally, enterprise software aims to improve productivity and efficiency, fulfilling the needs of one or more core business processes via a single piece of software architecture. Human resources, accounting, and sales are functions commonly targeted by such programs. The Enterprise application software market encompasses among other things, business intelligence, enterprise resource planning, customer relationship management, supply chain management, and project and portfolio management.
Enterprise resource planning (ERP) software is the largest segment of the EAS market and revenue from this segment reached 82.63 billion U.S. dollars in 2017. Another big segment customer relationship management (CRM) software had an market size of 27.16 billion U.S. dollars in that same year. SAP, Microsoft and Oracle are the leaders of the enterprise application market, and major Software as a Service vendors such as Salesforce and Adobe should not be discounted.
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Information technology (IT) spending on enterprise software worldwide, from 2009 to 2020 (in billion U.S. dollars)

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Statistics on "Enterprise software"
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