The North America enterprise application market is predicted to grow at an estimated CAGR of 8.38%, generating a revenue of $127,902.14 million by the end of the forecast period of 2017-2025.
The market is chiefly segmented on the basis of the end-users, solutions, and delivery models. This region is projected to experience the highest growth over the forecast period. To leverage the businesses and enhance the customer experience the various enterprises in this region are highly keen on adopting enterprise application. The cloud-based enterprise is gaining popularity on account of the superior infrastructure and telecommunication in the region.
The North American market is a hub for major market vendors such as Oracle, SAP, IBM Corp, Microsoft Corp, and HP. The companies in this region are increasingly launching new products in the market. For instance, Oracle launched a mobile-based SCM solution which provides simplicity and new user interface, thus enhancing the productivity of the enterprise.