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September 2020

Enterprise Software

The global Enterprise Software market is expected to grow to $634 million by 2023. The primary factors driving the growth of the Enterprise Software market is the growing trend of big data analytics and cloud commuting. Other factors driving growth are the increasing demand for business intelligence and analytics, as well as the increasing adoption of database management systems. Frontrunners in the industry include Microsoft, Salesforce, Adobe, SAP, and Oracle. Microsoft is in a unique position as it has and is further building out its solution offerings to provide its clients with a comprehensive suite of interconnectable platforms and technologies. We believe that strategic and financial investors will be fueled by demand from customers in these specific ecosystems and the resulting growth in the ecosystems’ partner networks.

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