Global Enterprise Performance Management Software Overview
Prophecy Market Insights has recently published its insights on “Global Enterprise Performance Management Software Market” for the forecast period of 2018-2029. The market is segmented By Business Function (Finance, Human Resource (HR), Supply Chain, and Sales & Marketing), By Component (Solutions and Services), By Enterprise Size (Small & Medium-sized Enterprises (SMEs) and Large Enterprises), By Deployment Mode (Cloud and On-Premises), By Vertical (Banking, Financial Services, & Insurance (BFSI), Retail & E-Commerce, IT & Telecommunications, Manufacturing, and Healthcare & Life Sciences), By Application (Enterprise Planning & Budgeting, Financial Consolidation, Financial Reporting & Compliance, Supply Chain Performance Management, and Predictive Analytics), and By Region
The need for improving business performance in firms and organizations is the major driving factor for the growth of the global enterprise performance management software market. Also, rising adoption of data-driven decision making has boosted the target market growth. In addition, timely actionable information about the organization for the development of it is fuelling the target market growth.
North America to grow at the highest CAGR during the forecast period
North America has the largest market and is expected to dominate the global market over the forecast period owing to the increasing number of EPM vendors in the region. Also, need to enhance the overall business performance by extracting insights from organization’s internal as well as external data which is boosting the target market growth in this region.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2018 is considered as base year and 2019 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
The global enterprise performance management software market report segments the market on the basis of business function, component, enterprise size, deployment mode, vertical, application, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the global enterprise performance management software market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Competitive Analysis
Advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global enterprise performance management software market. Key players have adopted mergers & acquisitions and new product developments to strengthen their positions in the global enterprise performance management software market.
- Oracle Corporation
- SAP SE
- International Business Machines (IBM) Corporation
- Wolters Kluwer NV
- Anaplan Inc.
- Adaptive Insights Inc.
- Host Analytics Inc.
- Workiva Inc.
- Infor Inc
- The Hackett Group, Inc.
Prophecy Market Insights offers required customization on this report according to specific business requirements.
FAQs
The Enterprise Performance Management Software Market is segmented into business function, component, enterprise size, deployment mode, vertical, application, and region.
Factors include the emphasis on data-driven decision-making, the need for effective financial planning and forecasting, and the demand for performance analytics across industries, driving global growth in the enterprise performance management software market.
Challenges include potential integration issues with existing IT systems, the complexity of aligning performance metrics with business objectives, and the need for skilled personnel for effective implementation, posing restraints on the global market.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating in the target market include Oracle Corporation, SAP SE, International Business Machines (IBM) Corporation, Wolters Kluwer NV, Anaplan Inc., Adaptive Insights Inc., Host Analytics Inc., Workiva Inc., Infor Inc., and The Hackett Group, Inc.