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 report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Enterprise Performance Management market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
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
Research Report on the Enterprise Performance Management Market Addresses the Following Key Questions:
- Who are the dominant players of the Enterprise Performance Management market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Enterprise Performance Management market?
- What are the key growth drivers and restraining factors of the Enterprise Performance Management market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Enterprise Performance Management market and its key segments?
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Emergen Research has segmented the global Enterprise Performance Management market on the basis of type, type of care, 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
In conclusion, the Enterprise Performance Management Market report is an exhaustive database that will help readers formulate lucrative strategies. The Enterprise Performance Management Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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