Report: Enterprise Software 2022
Europe is the second largest ES market in the world and is dominated by US companies. Despite EU and local incentives for R&D, digital transformation of the economy, and an increasing number of tech clusters, the region has not yet been able to become a global innovation and development hub. Low R&D spending and Venture Capital investment, difficulties in scaling-up rapidly, and a shortage of software developers partly explain why so few European software companies are among the biggest. The worsening macroeconomic environment and increased interest rates will also limit the M&A and R&D activities, essential for the sector.
Find out more about Enterprise Software in Europe with this 43 page in-depth report.
Find out more about Enterprise Software in Europe with this 43 page in-depth report.