Research and Markets (http://www.researchandmarkets.com/research/qvvm68/enterprise) has announced the addition of the "Enterprise Application Market (Solutions, Delivery Model, Verticals and Geography) - Market Opportunities and Forecast, 2013 - 2020" report to their offering.

The Global Enterprise Application Market is Expected to Reach $ 213.43 Billion by 2020, Registering a CAGR of 7.4% during 2014 - 2020

The global enterprise application market will witness dynamic growth during the forecast period 2014-2020. Adoption of enterprise application like and CRM and ERP by businesses, would continue to contribute for a major portion of market size by value. Enterprise application enables organizations to enhance internal business processes and systems. These applications simplify and ease the complex business operations such as finance, HR, inventory control etc., thereby allowing the enterprises to focus on their core business. The companies can opt for either cloud- based enterprise applications or deploy on - premise applications.

Leading vendors such as Oracle, SAP and Microsoft are launching applications, which can be delivered through on-premise as well as cloud models. Further, they are also developing integrated mobile applications with cloud to enhance the mobility of customer. The market is increasingly witnessing a shift towards cloud service.

Key findings of the study:

- Amongst the different types of applications, CMS application market would grow at the fastest CAGR during 2014-2020

- On-premise applications would continue to have a larger market share occupying around 55% of market in 2020. But, cloud-based applications would witness higher growth during 2014-2020

- Healthcare, followed by the Aerospace and defense would witness high growth in comparison with other industry verticals during 2014-2020

- Asia-Pacific would prove to be one of the most lucrative markets, in terms of growth

- Customers today, prefer cloud enabled applications over conventional delivery model as it enables their workforce to access information for critical business decision anytime and anywhere. Hence, this results into a higher productivity and efficiency of the businesses. The surge in cloud technology would drive the adoption of cloud enabled applications.

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview

Chapter 4 Global Enterprise Application Market By Solutions

Chapter 5 Global Enterprise Application Market By Delivery Model

Chapter 6 Global Enterprise Application Market By Vertical

Chapter 7 Global Enterprise Application Market By Geography

Chapter 8 Company Profiles

- Oracle

- IBM Corp.

- Microsoft Corp.

- SAP

- HP

- QAD Inc.

- IFS AB

- Epicor software Corp.

- Infor

- Salesforce Inc.

For more information visit http://www.researchandmarkets.com/research/qvvm68/enterprise

Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.comFor E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716Sector: Computing and Technology