Business Analytics & Enterprise Software Publishing in the US - Industry Market Research Report

Business Analytics & Enterprise Software Publishing in the US - Industry Market Research Report

Business Analytics & Enterprise Software Publishing in the US

The Business Analytics and Enterprise Software Publishing industry has expanded, resulting from buoyant demand from the late 2010s and high private investment in computers and software. While revenue is expected to grow at a CAGR of 5.7% to $161.7 billion over the five years to 2023, growth has dramatically slowed as the largest potential clients for industry software are saturated. Many enterprise software suites, including customer relationship management (CRM) and enterprise resource planning (ERP) software, have become fundamental corporate operations and management tools. Despite the pandemic, revenue growth soared in 2020 alongside profit as businesses rapidly shifted operations online. Furthermore, revenue is expected to grow 5.7% in 2023 despite economic fears.

Companies in this industry develop and distribute business analytics, customer relationship management, business intelligence and other enterprise-oriented software. Operators may also provide consulting and technical support related to this software. This industry does not include publishers of productivity or database software or manufacturers of computer hardware.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.