Study Finds Growth In Enterprise Software Market - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Study Finds Growth In Enterprise Software Market

The market will grow from $38 billon in 2001 to $70 billion in 2006, according to a recent study.

Enterprise software spending is climbing, and the pace will pick up considerably after the end of this year, according to the results of a study released Friday by AMR Research. The firm says the market for supply-chain management, product life-cycle management, customer-relationship management, enterprise resource planning, and exchange platform software will grow from $38 billon in 2001 to $70 billion in 2006.

AMR says enterprise software buyers will spend $41 billion this year and $46 billion next year. The analyst firm's data shows that the market for supply-chain management and product life-cycle management software will expand from $5.6 billion last year to $13.6 billion in 2006; the CRM market will grow from $11 billion in 2001 to $26 billion by 2006, and the ERP market will increase from $20 billion in 2001 to $31 billion in 2006.

AMR says the market mix is changing significantly. In 2001, CRM accounted for 29% of spending and will grow to 38% by 2006. Supply-chain and product life-cycle management accounted for 20% of enterprise software spending last year, and that's likely to increase to 30% by 2006. Exchange platforms made up 3% of overall enterprise software spending, and that will rise to 5% by 2006. Spending for ERP made up 47% of the market in 2001, but that's expected to shrink to 27% by 2006.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
News
How COVID is Changing Technology Futures
Jessica Davis, Senior Editor, Enterprise Apps,  7/23/2020
Slideshows
10 Ways AI Is Transforming Enterprise Software
Cynthia Harvey, Freelance Journalist, InformationWeek,  7/13/2020
Commentary
IT Career Paths You May Not Have Considered
Lisa Morgan, Freelance Writer,  6/30/2020
Register for InformationWeek Newsletters
Video
Current Issue
Special Report: Why Performance Testing is Crucial Today
This special report will help enterprises determine what they should expect from performance testing solutions and how to put them to work most efficiently. Get it today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll