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TMCNet:  Europe Enterprise Application Market Forecast 2017-2025

[October 10, 2017]

Europe Enterprise Application Market Forecast 2017-2025

NEW YORK, Oct. 10, 2017 /PRNewswire/ --

The Europe enterprise application market was valued at $48,542.95 million in 2016 and is now predicted to rise at a CAGR of 8.87%, generating a net worth of $100,554.69 million by the end of the forecast period of 2017-2025.

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The market is segmented on the basis of solutions, end-users and delivery models. The solutions segment include CRM, web conferencing, enterprise asset management, supply chain management (SCM), business intelligence, business process management, enterprise resource planning (ERP), and content management system.

The end-user segment caters to banking financil services and insurance (BFSI), healthcare, aerospace and defense, manufacturing and services, government, telecom, and retail. The delivery models include cloud and on-premise.The on-premise software model is more popular in the market as compared to the cloud. This is because the software is installed in the independent system thus minimizing the security concerns as compared to the cloud-based model.

Some of the leading companies in the market include Salesforce Inc, International Business Machine (IBM) Corporation, Oracle, Infor, Epicor Software Corp, IFS AB, QAD INC, Hewlett Packard Enterprise, SAP, and Microsoft Corporation.

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