Business Services Industry
Enterprise applications market will reach S78 billion by 2004.
Warehousing Management, July, 2000
Driven by the need to transform companies into e-businesses, the enterprise applications market is expected to reach $78 billion by 2004, representing an overall compound annual growth rate of 24 percent over the next five years. That's according to a study produced by AMR Research Inc., a market analysis firm specializing in e-business strategy and infrastructure.
AMR Research defines the enterprise application market segments as core ERP, ERM, SCM and e-commerce applications. The firm predicts total revenue for this market will grow from $27 billion in 1999 to $78 billion in 2004. The expected growth is largely due to the strategic extension areas, supply chain, ERM and e-commerce applications. "Companies adapting to the high velocity of e-business...
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