State of Enterprise Apps Enterprise apps, which are primarily designed for corporate use, are a subset of the overall app market. It was valued at $294.7 billion in 2023 and expected to reach $551 billion by 2032 representing. a CAGR of 7.2%. Enterprise App Categories: Business Applications: ERP, CRM, HCM, and other enterprise software. Development Tools: Tools for application development, integration, and DevOps. Security: Security solutions to protect applications and data. Infrastructure: Applications for managing and optimizing cloud infrastructure. Analytics: Data analysis, business intelligence, and reporting tools. Growth Drivers in the Market: A customer-centric approach: Apps that clearly target the end user's needs. Demonstrated, personalized solutions show greater returns. Automation and eliminating inefficiencies: Automation expands operations and reduces error, thus boosting profit margins. Plus, automated enterprises are better prepared for the dynamic global customer. Global Operations: With ease of trade over the world, businesses are expanding into other geographies across countries. This creates more demand for apps and seamless, 24/7 business functions along with central monitoring and reporting systems.
Enterprise Apps Future Growth
(In Billions of USD)
551
514
479
447
417
389
363
339
315.92
294.70
2023 2024E 2025F 2026F 2027F 2028F 2029F 2030F 2031F 2032F
Source: Allied Market Research, IMARC Group
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