SAP AG has been identified as a global market leader in a recent International Data Corp. report that examines the revenue shares of mobile enterprise application development platforms.
The IDC “Worldwide Mobile Enterprise Application Development Platform 2013““2017 Forecast and 2012 Vendor Shares“ report stated that SAP technology accounted for almost 49 percent of the enterprise MADP market last year, SAP said Monday.
“Our continued mobile leadership designations from the industry“™s top analyst firms demonstrate SAP“™s vision and innovation are directly in-line with customer needs,“ said Anthony Reynolds, SAP senior vice president for worldwide mobile sales and solutions.
IDC predicts that the enterprise MADP market will reach $4.8 billion by 2017, representing a compound annual growth revenue of 38.7 percent.
Stacy Crook, IDC research director for mobile enterprise research, said a company survey found that a majority of businesses are investing or have plans to invest in a mobile application development platform.