Asia Pacific Enterprise Software Market Size, Share & Industry Trends Analysis Report By Deployment (On-premise and Cloud), By Type, By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By End-use, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Enterprise Software Market would witness market growth of 11.6% CAGR during the forecast period (2022-2028).
The rise in customer satisfaction, marketing automation, customer relationship management, and contact center enterprise software solutions have made it within reach for organizations to build a detailed understanding of their clients and their requirements. By gathering centralized customer data, enterprises can put forward a customized service that fulfills consumers’ demands.
Enterprise software is also used to deliver structured customer service and enhance customer engagement. For instance, Amazon Connect was used to create an omnichannel cloud contact center by financial software leader Intuit for the unification of multiple customer communication channels like chat, voice, messaging, and web. Due to this Intuit was able to serve more than 16.5 million customers annually with financial queries.
Enterprise software solutions in developing nations like India will increase due to their rising demand in the region. Also, due to the large expansion of the e-commerce sector in Asian countries the enterprise market will hike. Asia Pacific has a huge customer base that welcomes a variety of brands and allows them to set up communication channels to engage and understand their demands.
The China market dominated the Asia Pacific Enterprise Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $32,149.1 million by 2028.The Japan market is estimated to grow a CAGR of 11% during (2022 - 2028). Additionally, The India market would experience a CAGR of 12.3% during (2022 - 2028).
Based on Deployment, the market is segmented into On-premise and Cloud. Based on Type, the market is segmented into Customer Relationship Management, Business Intelligence, Content Management, Supply Chain Management, Enterprise Resource Planning (ERP), Human Resource Management and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End-use, the market is segmented into IT & Telecom, Manufacturing, Healthcare, Retail, Government & Education, BFSI and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Enterprise Software Market is Projected to reach USD 404 Billion by 2028, at a CAGR of 11.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Oracle Corporation, Salesforce.com, Inc., SAP SE, Broadcom Inc. (CA Technologies, Inc.), Hewlett Packard Enterprise Company, Zoho Corporation Pvt. Ltd., Epicor Software Corporation, and SYSPRO.
Scope of the Study
Market Segments Covered in the Report:
- Customer Relationship Management
- Business Intelligence
- Content Management
- Supply Chain Management
- Enterprise Resource Planning (ERP)
- Human Resource Management
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
- IT & Telecom
- Government & Education
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Salesforce.com, Inc.
- SAP SE
- Broadcom Inc. (CA Technologies, Inc.)
- Hewlett Packard Enterprise Company
- Zoho Corporation Pvt. Ltd.
- Epicor Software Corporation
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