Enterprise Software Market will Reach $161.4 Billion by 2018

According to Kable, the enterprise software applications market was worth $104.1 billion in 2013 and is forecast to reach $161.4 billion by 2018 — growing at a CAGR of 9.2% from 2014 to 2018. As ground-breaking technologies challenge the way organizations function, they prefer apps that are enabled with big data, cloud, social and mobility features.

via Kable