The revenue in the 'Enterprise Software' segment of the software market in Lithuania was forecast to continuously increase between 2024 and 2029 by in total 24.3 million U.S. dollars (+32.72 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 98.51 million U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Enterprise Software' segment of the software market was continuously increasing over the past years.
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Data provided by Statista Market Insights are estimates.
Definition:
The Enterprise Software market covers software applications designed to support essential business activities by large organizations such as enterprise resource planning, customer relationship management, business intelligence, and supply chain management.
Products in the Enterprise Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.
Structure:
The Enterprise Software market contains eight markets that are based on the functionality of the software:
Business Intelligence Software refers to software applications that support organizations to analyze, visualize, and report data.
Content Management Software refers to a wide range of software applications that support organizations to manage their digital content such as documents, images, and videos.
Customer Relationship Management Software refers to software applications that support organizations to manage their interactions with customers, clients, and prospects.
eCommerce Software refers to a wide range of software applications that support organizations to manage their online sales channels.
Enterprise Performance Management Software refers to software solutions that help organizations to manage and improve their performance across various areas, such as finance, operations, and strategy.
Enterprise Resource Planning Software refers to software applications that support organizations to manage, integrate and optimize important business activities related to resources such as people, finance, capital, materials, and orders.
Supply Chain Management Software refers to software applications that support organizations to manage their supply chain activities such as inventory optimization, supplier and vendor management, and logistic operations.
AI Development Tool Software refers to a specialized category of software designed to facilitate the creation, testing, deployment, and management of artificial intelligence (AI) models and applications.
Other Enterprise Software refers to aggregated revenues for the types of enterprise software that are not specifically mentioned in the other Enterprise Software markets, such as Project Management Software, Product Life Cycle Management Software, and Production and Operation Software.
Additional Information:
The Enterprise Software market comprises revenue and revenue growth as the key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.
Key players in this market include SAP, Salesforce, Adobe, and Oracle.
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Statista. (September 12, 2024). Revenue of the business software market in Lithuania from 2020 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/forecasts/963673/business-software-revenue-in-lithuania
Statista. "Revenue of the business software market in Lithuania from 2020 to 2029 (in million U.S. dollars)." Chart. September 12, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/forecasts/963673/business-software-revenue-in-lithuania
Statista. (2024). Revenue of the business software market in Lithuania from 2020 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/forecasts/963673/business-software-revenue-in-lithuania
Statista. "Revenue of The Business Software Market in Lithuania from 2020 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 12 Sep 2024, https://www.statista.com/forecasts/963673/business-software-revenue-in-lithuania
Statista, Revenue of the business software market in Lithuania from 2020 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/963673/business-software-revenue-in-lithuania (last visited December 19, 2024)
Revenue of the business software market in Lithuania from 2020 to 2029 (in million U.S. dollars) [Graph], Statista, September 12, 2024. [Online]. Available: https://www.statista.com/forecasts/963673/business-software-revenue-in-lithuania
