The global enterprise application market size is estimated to be worth USD 259.51 billion by 2022, according to a new study by Grand View Research, Inc. Increasing need among organization for single data access point is anticipated to drive industry growth over the forecast period. Implementation of enterprise application solution enables real time data and information flow along with level running of business process. Use of these solutions enable better customer engagement, inventory management, quality management and supply chain management. Increasing IT budget of the companies is expected to favor industry growth over the next seven years. Availability of open source solution and high maintenance cost may hinder industry growth over the next seven years.
http://www.grandviewresearch.com/industry-analysis/enterprise-application-market
No comments:
Post a Comment