KEY FINDINGS The Asia-Pacific enterprise application market is estimated to rise at a CAGR of 15.43% over the period 2017-2025, increasing its value from $25,326.23 million in 2016 to $89,115.18 million by 2025.
MARKET INSIGHTS The Asia-Pacific market is segmented according to the end-users, solutions, and delivery model. The market is predicted to exhibit the fastest growth for the forecast period of 2017-2025. The rapidly changing business models and the integration of cloud technology with enterprise applications are presenting the market with potential growth opportunities. The market is witnessing a boom in the number of startups. These startups are increasingly adopting cloud-based solutions for a more customer-centric approach. However, the issues related to cloud-based integrations are challenging the market growth.
COMPETITIVE INSIGHTS SAP, Microsoft Corporation, Infor, International Business Machine (IBM) Corporation, Oracle, Hewlett Packard Enterprise and Epicor Software Corp are some of the major companies in this market.