Experts at Allied Market Research believe enterprise apps market will focus more on driving productivity, lower cost and enhance customer experience in 2016.
Spending on enterprises applications are growing as many CEO’s observe the intersection of social media, Big Data analytics and cloud to disrupt existing business model. Demand for such applications to generate higher income has further fueled the market growth. Furthermore, a recent report published by Gartner shows the spending on application software would double from an estimated $300 billion in 2013 to more than $578 by 2018.These figures show the sector is up for a dramatic shift. Industry experts at AMR, who have been long eyeing the trends, share and size, marketplace and growth rate, say that we can expect some big trends in 2016. Enterprise application software market overview and trends would definitely present an exhaustive list.
Enterprise Application Software Market Welcomes Hybrid Apps
2016 would observe a rise in the adoption of hybrid apps. It’s a known fact that use of mobile devices and smart phone is growing rapidly over the past 6 years. As a result, several business owners and customer are expecting to access enterprise web application through their mobile phones. Industry experts are confident that by the next year need for enterprise app development is expected to outturn its current supply by five times. This definitely comes as good news for enterprise application in android market.
Security is of greater priority for IoT
In past five to six years alone, there has been a rapid growth in the number high profile hacking problems associated with IoT. It was a great setback for Fiat Chrysler when the company recalled over 1.4 million. This occurred after two hackers openly declared that they had the capability to manipulate the jeep’s transmission, air conditioning systems among others.
More recently, it was known to many parents that few baby monitors would enable parents to keep a check and monitor their newborns through live -stream to their smartphones and PC. These systems are easy to hack into. While enterprise deployments of such systems are expected to have a greater level of security compared to customer deployments. Researchers at AMR say that as connected businesses are growing, there is an increased need focus more on security.
Front-end technologies to provide powerful web applications
Over the last six years there has been a dramatic shift in client – side developments. Few years back, client-server model depended on server to do heavy lifting before it sent the results to its clients. But, the trend is finally changing. Today users demand robust and highly responsive web apps that can challenge mobile applications. This calls for putting more and more applications in the browser. Thus, inclination towards front – end technologies would rise in the next few years, as developers aim at creating web applications with the support of native apps.
Eyeing the developments in the industry, Allied Market Research has published a report titled “Enterprise Application Market - Opportunities and Forecasts, 2013 – 2020.” The study assesses critical business imperatives such as growth, adoption rate, drivers, opportunities, share and size, demands and trends among others.