Key Findings
The Europe enterprise application market is forecasted to rise at a CAGR of 5.33% over the forecast period of 2019-2027. This is due to features such as cost effectiveness and scalability offered by the cloud-based enterprise application.

Market Insights
Solutions, end-users and delivery models segment the market. The solution segment includes CRM, web conferencing, enterprise asset management, supply chain management (SCM), business intelligence, business process management, enterprise resource planning (ERP), and content management system. The end-user segment caters to banking financial services and insurance (BFSI), healthcare, aerospace and defense, manufacturing and services, government, telecom, and retail. The delivery models include cloud and on-premise. The on-premise software model is more popular in the market as compared to the cloud. This is because the software is installed in the independent system which minimizes the security concerns as compared to the cloud-based model.

Competitive Insights
Some of the leading companies in the market include Salesforce.Com, Inc., Hewlett Packard Enterprise Company, Microsoft Corporation, Industrial & Financial Systems, AB (IFS), Infor, Inc., SAP SE, International Business Machines Corporation (IBM), QAD, Inc., Epicor Software Corporation and Oracle Corporation.