The global Enterprise Performance Management (EPM) market size was USD 5.75 Billion in 2021 and is expected to register a revenue CAGR of 8.3% during the forecast period, according to the latest analysis by Emergen Research. Rising need for making business strategies transparent for all employees is a key factor driving market revenue growth. Industry verticals, such as manufacturing, financial services, consumer packaged goods, retail, and others, are predicted to benefit greatly from integration of cloud-based infrastructure and business analytics. In addition, increased autonomy, shorter Time To Value (TTV), and lower Total Cost of Ownership (TCO) are other factors rising demand and driving market revenue growth. Popularity of cloud-based EPM software is rising dramatically due to advantages, such as real-time access of operational and financial data, that are unavailable with current legacy and on-premise systems. Without a guarantee of greater quality, infrastructure costs, such as server and operating system upgrades, which is rising prices of running on-premise corporate performance management systems. Moreover, updates for customers cloud-based EPM applications are sent out automatically, which is expected to drive revenue growth of the market.
The global Enterprise Performance Management Market report published by Emergen Research assesses the Enterprise Performance Management market with regards to market size, market share, revenue growth, key segments, and regional bifurcation. The global Enterprise Performance Management market is highly fragmented with numerous players operating on a global and regional level. The companies are engaged in mergers and acquisitions, joint ventures, and collaborations along with product advancements and R&D activities to cater to the growing global demand and gain a robust footing in the market.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Enterprise Performance Management market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Board International S.A, IBM, CCH Tagetik, Adaptive Insights Inc., Infor Inc., Workiva, Host Analytics Inc., SAP SE, Oracle, and Anaplan
Emergen Research has segmented the global Enterprise Performance Management market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2019–2030)
Services
Solutions
Deployment Mode Outlook (Revenue, USD Billion; 2019–2030)
On-Premise
Cloud
End-Use Outlook (Revenue, USD Billion; 2019–2030)
BFSI
Healthcare
Retail
Others
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Enterprise Performance Management Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Enterprise Performance Management Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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