Worldwide Enterprise Applications Software Forecast, 2023–2027: Digital Era Brings Opportunity
This IDC study brings forward the worldwide enterprise applications software forecast and provides a vision into 2027, including deployment models, trends, and significant market developments."The digital era has ushered in new opportunities for enterprise application vendors to bring better products, rich in features, functionality, and innovation," said Mickey North Rizza, group vice president, Enterprise Software, IDC. "The enterprise application's market future is enabled by automation and the ability to compete, gaining market share because of the differentiating factors found in the technology. New software entrants have an ability to totally reshape the markets, redefine software, and change the future indefinitely. Current market participants can become more entrenched while also redefining the future of their markets by understanding what is needed now to create stickiness for years to come. Hold on to your hats folks, the enterprise application world is shifting and the best is yet to come!"
Please Note: Extended description available upon request.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Digital Business
Convergence
Automation
Inhibitors
Russia-Ukraine War
Inflation
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Historical and Forecast Market Values and Exchange Rates