Enterprise software - Statistics & Facts

Enterprise software is software used to satisfy various business needs. It helps companies and businesses to accomplish their corporate goals; for example, by helping to track and improve supply chains, manage resources, or interact with customers. A wide range of applications are subsumed under the term “enterprise software”, such as accounting software, office suites, groupware, human resource management (HRM) systems, outsourcing relationship management, customer relationship management (CRM), enterprise resource planning (ERP), supply chain management (SCM), business intelligence (BI) and analytics, business process management (BPM), and security software.

Market segments

Worldwide IT spending on enterprise software had been growing steadily and rapidly before the COVID-19 pandemic hit in 2020, which resulted in a slight decline. However, the software market is expected to resume growth in 2021 and to amount to more than 570 billion U.S. dollars in 2022. Some of the larger sub-markets within the enterprise software market include the enterprise resource planning (ERP) software market, the customer relationship management (CRM) software market, and the content management software application market. Of these sub-markets, the ERP software market is currently the largest and is anticipated to reach over 95 billion U.S. dollars this year. The ERP software market includes specific business process management software that allows businesses to integrate various aspects of operations within one database, application, and user interface.

Major players in enterprise software

Amongst the largest companies in this enterprise software and programming field are Microsoft, Oracle, SAP, and Salesforce. As a cloud-native software company, Salesforce continues to gain traction as a major player in the field, especially after its recent company acquisition of Slack in 2020 for a deal value of 28.4 billion U.S. dollars. The company now maintains the largest vendor share of the customer relationship management (CRM) applications market as well as the sales force productivity and management application market worldwide. However, in other markets such as the big data and analytics software market, Microsoft is the dominate company with almost 13 percent of the total global market of over 67 billion U.S. dollars, while Oracle, SAP, and IBM are currently the biggest competitors for this given market. Overall, in the enterprise software market, the five big competitors remain: Microsoft, Oracle, SAP, Salesforce, and IBM.

Enterprise software consumption

Since the various segments of enterprise software are used to satisfy an array of business needs, it is crucial to understand the upcoming business-to-business (B2B) technology buying trends. With this in mind, web and video conferencing and online collaboration are the top two areas in which increased spending is anticipated during 2021, largely due to the remote working practices which continued into 2021 in many parts of the world as a result of the persisting pandemic. Additionally, companies are tending to upgrade or reimplement their enterprise resource planning (ERP) system selections with which many companies use to manage and integrate their main business processes. However, these ERP implementation projects tend to overrun costs in some capacity, limiting the financials of those companies. Regardless of this, global organizations tend to be satisfied with their ERP vendors.

Key figures

The most important key figures provide you with a compact summary of the topic of "Enterprise software" and take you straight to the corresponding statistics.

Segments

Companies

Consumption

Interesting statistics

In the following 5 chapters, you will quickly find the 39 most important statistics relating to "Enterprise software".

Enterprise software

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Enterprise software - Statistics & Facts

Enterprise software is software used to satisfy various business needs. It helps companies and businesses to accomplish their corporate goals; for example, by helping to track and improve supply chains, manage resources, or interact with customers. A wide range of applications are subsumed under the term “enterprise software”, such as accounting software, office suites, groupware, human resource management (HRM) systems, outsourcing relationship management, customer relationship management (CRM), enterprise resource planning (ERP), supply chain management (SCM), business intelligence (BI) and analytics, business process management (BPM), and security software.

Market segments

Worldwide IT spending on enterprise software had been growing steadily and rapidly before the COVID-19 pandemic hit in 2020, which resulted in a slight decline. However, the software market is expected to resume growth in 2021 and to amount to more than 570 billion U.S. dollars in 2022. Some of the larger sub-markets within the enterprise software market include the enterprise resource planning (ERP) software market, the customer relationship management (CRM) software market, and the content management software application market. Of these sub-markets, the ERP software market is currently the largest and is anticipated to reach over 95 billion U.S. dollars this year. The ERP software market includes specific business process management software that allows businesses to integrate various aspects of operations within one database, application, and user interface.

Major players in enterprise software

Amongst the largest companies in this enterprise software and programming field are Microsoft, Oracle, SAP, and Salesforce. As a cloud-native software company, Salesforce continues to gain traction as a major player in the field, especially after its recent company acquisition of Slack in 2020 for a deal value of 28.4 billion U.S. dollars. The company now maintains the largest vendor share of the customer relationship management (CRM) applications market as well as the sales force productivity and management application market worldwide. However, in other markets such as the big data and analytics software market, Microsoft is the dominate company with almost 13 percent of the total global market of over 67 billion U.S. dollars, while Oracle, SAP, and IBM are currently the biggest competitors for this given market. Overall, in the enterprise software market, the five big competitors remain: Microsoft, Oracle, SAP, Salesforce, and IBM.

Enterprise software consumption

Since the various segments of enterprise software are used to satisfy an array of business needs, it is crucial to understand the upcoming business-to-business (B2B) technology buying trends. With this in mind, web and video conferencing and online collaboration are the top two areas in which increased spending is anticipated during 2021, largely due to the remote working practices which continued into 2021 in many parts of the world as a result of the persisting pandemic. Additionally, companies are tending to upgrade or reimplement their enterprise resource planning (ERP) system selections with which many companies use to manage and integrate their main business processes. However, these ERP implementation projects tend to overrun costs in some capacity, limiting the financials of those companies. Regardless of this, global organizations tend to be satisfied with their ERP vendors.

Interesting statistics

In the following 5 chapters, you will quickly find the 39 most important statistics relating to "Enterprise software".

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