Enterprise software market in india

While both countries are poised for continued growth, organizations have different criteria for selecting the vendors they use. Survey respondents were asked how they anticipate that spending on enterprise applications will change in The survey found that India's spending intention is more aggressive than China's.

In all categories, India has a higher percentage of respondents who want to increase spending across all enterprise applications. However, as organizations in emerging countries are growing rapidly and business requirements becoming increasingly complex, there is increasing demand for solutions to digitalize content to support business processes as part of digital workplace initiatives," said Mr.

Although transforming to digital business is an important reason to increase software spending, other factors take precedence in the survey results. IDC expects a rise in demand for technologies such as VPN, authentication, endpoint security, encryption, and application security. In the application platform segment, enterprises have mostly prioritized their spending based on the criticality of applications or processes as the enterprises focus on automation, demanding application agility, and speed to market.

Segments such as robotic process automation RPA and model-driven application platform MDAP are expected to witness growth in the spending. New software implementations, upgrades, or migrations will be delayed by a few quarters, unless extremely critical. Because of the supply chain disruptions, especially in the manufacturing and retail sectors, IDC expects heightened adoption of supply chain management digitalization and optimization solutions, to strengthen operational resiliency and business continuity plans in the likelihood of a relapse of the crisis.

IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than countries around the globe. As compared to other regions, the enterprise software market in North America is expected to witness significant growth and hold the largest market share during the forecast period.

S and Canada are anticipated to drive the growth of enterprise software market. This is owing to the presence of large number of established key players like IBM Corporation, Microsoft Corporation and Oracle Corporation in that region. In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices and ultimately provides better connectivity.

Increasing demand for software solutions across different business functions is expected to be one major factor for the growth of enterprise software market.

Growing popularity of cloud computing is another major factor driving the growth of enterprise software market in the region. New software implementations, upgrades, or migrations will be delayed by a few quarters, unless extremely critical. Because of the supply chain disruptions, especially in the manufacturing and retail sectors, IDC expects heightened adoption of supply chain management digitalization and optimization solutions, to strengthen operational resiliency and business continuity plans in the likelihood of a relapse of the crisis.

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