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Market Research Report

Worldwide Enterprise Applications Software Forecast, 2020-2024

Published by IDC Product code 945392
Published Content info 15 Pages
Delivery time: 1-2 business days
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Worldwide Enterprise Applications Software Forecast, 2020-2024
Published: June 26, 2020 Content info: 15 Pages
Description

This IDC study examines IDC's forecasts for the enterprise applications software market."The COVID-19 pandemic has been the tipping point for organizations to understand the full benefits of cloud and start focusing on digitizing operations. As organizations open back up, near-range, midrange, and long-range plans are centered around digital transformation initiatives that are driving organizations to purchase enterprise applications deployed in the public cloud. Organizations want to fill in remote working technology gaps now, start or finish digital transformation initiatives from the pre-pandemic time, and readjust their long-term strategies and plans to enable the quickest pathway to the digital enterprise," says Mickey North Rizza, program vice president, Enterprise Applications and Digital Commerce.

Table of Contents
Product Code: US46573320

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

  • Digital Transformation Is Changing the Business and Processes Overnight
  • Drivers and Inhibitors
    • Drivers
      • 3rd Platform and Innovation Accelerators
      • Rapid Technology Advancements
      • DX Use Cases
    • Inhibitors
      • Economic Downturn
      • Uncertainty
  • Significant Market Developments
  • Changes from Prior Forecast

Market Definition

Methodology

  • Historical and Forecast Market Values and Exchange Rates

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