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Enterprise Application Market Registering At A CAGR 7.8% For The Forecast Period From 2012 To 2022 : Grand View Research Inc.

San Francisco, 30 April 2019:  The Report  Enterprise Application Market  Size, Share & Trends Analysis Report By Product, By End Use (BFSI, Healthcare, Manufacturing, Retail, Telecom & IT), By Deployment, By Region, And Segment Forecasts, 2012 - 2022 The global Enterprise Application Market size is estimated to be worth USD 259.51 billion by 2022, according to a new study by Grand View Research, Inc., registering a 7.8% CAGR during the forecast period. Increasing need among organizations for single data access point is anticipated to drive industry growth over the forecast period. Implementation of enterprise application solutions enables real-time data and information flow along with level running of business process. Use of these solutions enables better customer engagement, inventory management, quality management, and supply chain management. Increasing IT budgets of companies is expected to favor industry growth over the next few years. However, availability of op