Gartner Research

Forecast Analysis: Enterprise Application Software, Worldwide, 1Q16 Update

Published: 10 May 2016

ID: G00301493

Analyst(s): Joanne M. Correia, Christine Adams, Hai Swinehart , Bianca Granetto, Jim Hare , Chad Eschinger , Chris Pang , Robert Anderson

Summary

Despite economic uncertainty and operational cost pressure, Gartner expects continued strength in spending for application software, which will exceed $216 billion in constant currency by 2020. Strategic planners should expect a five-year CAGR of 7.6% in constant-currency terms.

Table Of Contents
  • Overview
  • Companion Documents

Forecast Data

Market Impact

  • Enterprise Application Software Remains a Top Investment Priority
  • Recurring Revenue Is a Stabilizing Force to Slower License Sales
  • Forecast for Latin America Has Been Adjusted Downward

Assumptions

  • Business Intelligence and Analytics
  • Customer Relationship Management
  • Enterprise Resource Planning
  • Project and Portfolio Management
    • Functional Expansion
  • Supply Chain Management

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