Market Overview:
The global enterprise performance management market is expected to grow from USD 5.27 billion in 2018 to USD 10.06 billion by 2030, at a CAGR of 8.8% during the forecast period. The growth of the market can be attributed to the increasing demand for cloud-based solutions and services, rising need for real-time performance management, and growing adoption of big data and analytics solutions. However, lack of awareness about enterprise performance management solutions among small and medium enterprises (SMEs) is a major restraining factor for the growth of this market.
Product Definition:
The definition of Enterprise Performance Management (EPM) is the process of managing an organization's performance by using a system that collects, organizes and analyzes data to improve decision making. EPM helps organizations identify areas where they need to make changes in order to achieve their goals. It can also help reduce costs and increase efficiency.
Software:
Software is the part of IT infrastructure which helps to manage and control different components of enterprise performance management (EPM) market. It provides analytical tools, dashboards & scorecards, data modeling tools and visualization techniques for reporting purposes. Software also facilitates in gathering performance metrics from various systems within an organization and presents them in a graphical form for easy consumption.
Service:
Service is a set of processes, which are used to build, deploy and manage IT infrastructure. It helps in meeting the business requirements by offering solutions for data center operations, application development and delivery as well as business process automation. Service plays an important role in enterprise performance management (EPM) market owing to its ability to help enterprises achieve their strategic goals such as customer satisfaction through improved operational efficiency or cost reduction.
Application Insights:
The manufacturing sector accounted for the largest revenue share of over 30% in 2017. The segment is expected to witness significant growth over the forecast period. Enterprise performance management solutions are being increasingly used by companies operating in the manufacturing sector to improve their operational efficiency, enhance customer experience, and reduce costs across various processes such as supply chain management, production scheduling, and asset & equipment monitoring & control.
The retail segment is also expected to exhibit considerable growth during the forecast period owing to increasing demand from e-commerce businesses for improving their operations through effective enterprise performance management solutions that help them manage inventory levels more efficiently while enhancing customer service quality.
Regional Analysis:
The North American region accounted for the largest revenue share in 2017. The growth can be attributed to the presence of a large number of global enterprises, which have started adopting performance management solutions to improve their operating efficiency and ensure high-quality standards. Moreover, continuous technological advancements and implementation of new software platforms by vendors are expected to drive regional market growth over the forecast period.
Asia Pacific is estimated to witness significant growth over the forecast period owing to increasing adoption by small & medium enterprises (SMEs). Furthermore, government initiatives encouraging domestic manufacturing activities coupled with favorable regulatory policies are anticipated to boost regional market development in future years. Additionally, growing awareness regarding enterprise performance management solutions among end users is projected favorably impact industry expansion during the same period.
Growth Factors:
- Increased demand for performance-based decision making: The need for timely and accurate information is becoming increasingly important in order to make informed decisions. This has led to the growth of enterprise performance management (EPM) solutions that provide visibility into all aspects of an organization’s performance.
- Growing popularity of cloud-based EPM solutions: The cloud is becoming a more popular platform for deploying EPM solutions due to its scalability, flexibility, and cost-effectiveness. Organizations are also benefiting from the ability to access their data and applications from any location or device.
- Integration with big data analytics: As organizations strive to make better use of their big data assets, they are looking for ways to integrate these insights with their EPM systems in order to gain a more comprehensive view of organizational performance. This integration can help organizations identify trends and patterns that would otherwise be hidden in large volumes of data.
Scope Of The Report
Report Attributes
Report Details
Report Title
Enterprise Performance Management Market Research Report
By Type
Software, Service
By Application
BFSI, IT & Telecom, Retail, Manufacturing, Healthcare, Energy and Utilities, Others
By Companies
Adaptive Insights, Anaplan, BOARD International, Host Analytics, IBM Corporation, Infor, Oracle, SAP, CCH Tagetik (Wolters Kluwer NV), Workiva
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Enterprise Performance Management Market Report Segments:
The global Enterprise Performance Management market is segmented on the basis of:
Types
Software, Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, IT & Telecom, Retail, Manufacturing, Healthcare, Energy and Utilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Adaptive Insights
- Anaplan
- BOARD International
- Host Analytics
- IBM Corporation
- Infor
- Oracle
- SAP
- CCH Tagetik (Wolters Kluwer NV)
- Workiva
Highlights of The Enterprise Performance Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Service
- By Application:
- BFSI
- IT & Telecom
- Retail
- Manufacturing
- Healthcare
- Energy and Utilities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enterprise Performance Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Enterprise performance management (EPM) is a process and an approach to managing the performance of an organization. It helps identify, measure, and manage the progress of key business objectives. EPM also provides guidance on how to improve organizational efficiency and effectiveness.
Some of the key players operating in the enterprise performance management market are Adaptive Insights, Anaplan, BOARD International, Host Analytics, IBM Corporation, Infor, Oracle, SAP, CCH Tagetik (Wolters Kluwer NV), Workiva.
The enterprise performance management market is expected to grow at a compound annual growth rate of 8.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Enterprise Performance Management Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Enterprise Performance Management Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Enterprise Performance Management Market - Supply Chain
4.5. Global Enterprise Performance Management Market Forecast
4.5.1. Enterprise Performance Management Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Enterprise Performance Management Market Size (000 Units) and Y-o-Y Growth
4.5.3. Enterprise Performance Management Market Absolute $ Opportunity
5. Global Enterprise Performance Management Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Enterprise Performance Management Market Size and Volume Forecast by Type
5.3.1. Software
5.3.2. Service
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Enterprise Performance Management Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Enterprise Performance Management Market Size and Volume Forecast by Application
6.3.1. BFSI
6.3.2. IT & Telecom
6.3.3. Retail
6.3.4. Manufacturing
6.3.5. Healthcare
6.3.6. Energy and Utilities
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Enterprise Performance Management Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Enterprise Performance Management Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Enterprise Performance Management Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Enterprise Performance Management Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Enterprise Performance Management Demand Share Forecast, 2019-2029
9. North America Enterprise Performance Management Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Enterprise Performance Management Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Enterprise Performance Management Market Size and Volume Forecast by Application
9.4.1. BFSI
9.4.2. IT & Telecom
9.4.3. Retail
9.4.4. Manufacturing
9.4.5. Healthcare
9.4.6. Energy and Utilities
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Enterprise Performance Management Market Size and Volume Forecast by Type
9.7.1. Software
9.7.2. Service
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Enterprise Performance Management Demand Share Forecast, 2019-2029
10. Latin America Enterprise Performance Management Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Enterprise Performance Management Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Enterprise Performance Management Market Size and Volume Forecast by Application
10.4.1. BFSI
10.4.2. IT & Telecom
10.4.3. Retail
10.4.4. Manufacturing
10.4.5. Healthcare
10.4.6. Energy and Utilities
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Enterprise Performance Management Market Size and Volume Forecast by Type
10.7.1. Software
10.7.2. Service
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Enterprise Performance Management Demand Share Forecast, 2019-2029
11. Europe Enterprise Performance Management Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Enterprise Performance Management Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Enterprise Performance Management Market Size and Volume Forecast by Application
11.4.1. BFSI
11.4.2. IT & Telecom
11.4.3. Retail
11.4.4. Manufacturing
11.4.5. Healthcare
11.4.6. Energy and Utilities
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Enterprise Performance Management Market Size and Volume Forecast by Type
11.7.1. Software
11.7.2. Service
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Enterprise Performance Management Demand Share, 2019-2029
12. Asia Pacific Enterprise Performance Management Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Enterprise Performance Management Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Enterprise Performance Management Market Size and Volume Forecast by Application
12.4.1. BFSI
12.4.2. IT & Telecom
12.4.3. Retail
12.4.4. Manufacturing
12.4.5. Healthcare
12.4.6. Energy and Utilities
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Enterprise Performance Management Market Size and Volume Forecast by Type
12.7.1. Software
12.7.2. Service
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Enterprise Performance Management Demand Share, 2019-2029
13. Middle East & Africa Enterprise Performance Management Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Enterprise Performance Management Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Enterprise Performance Management Market Size and Volume Forecast by Application
13.4.1. BFSI
13.4.2. IT & Telecom
13.4.3. Retail
13.4.4. Manufacturing
13.4.5. Healthcare
13.4.6. Energy and Utilities
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Enterprise Performance Management Market Size and Volume Forecast by Type
13.7.1. Software
13.7.2. Service
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Enterprise Performance Management Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Enterprise Performance Management Market: Market Share Analysis
14.2. Enterprise Performance Management Distributors and Customers
14.3. Enterprise Performance Management Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Adaptive Insights
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Anaplan
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BOARD International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Host Analytics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. IBM Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Infor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Oracle
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SAP
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CCH Tagetik (Wolters Kluwer NV)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Workiva
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
