Market Overview:
The global LXP platforms market is expected to grow from USD 1.02 billion in 2018 to USD 2.48 billion by 2030, at a CAGR of 12.8% during the forecast period. The growth of the global LXP platforms market can be attributed to the increasing demand for cloud-based and on-premises LXP platforms across large enterprises and SMEs. Furthermore, the growing need for data governance and data security is also fueling the growth of the global LXP platforms market.
Product Definition:
LXP platforms are designed to provide a single point of control for both LXPs and traditional IT systems. They offer a common administrative interface, enabling administrators to manage all aspects of the infrastructure from a single console. Importantly, LXP platforms can also integrate with existing IT systems, providing an easy way to extend the reach of LXPs into the wider organization.
Cloud-Based:
Cloud-based is a software model that provides shared pool of processing resources and storage space. It also helps in reducing cost incurred on power, cooling, maintenance & infrastructure along with providing flexibility to the enterprises for changing their working style as per requirement without having to change the system. The cloud services offer various benefits such as reduced costs, increased efficiency & productivity along with easy accessibility from any place or any device.
On-Premises:
On-premises software is installed and used on computers present within the organization. The data processed by these systems are more secure than those processed through cloud platforms as they are usually stored internally in the form of a server. This system can be operated either remotely or locally, depending on the needs of organizations.
The main advantage offered by this type of system is that no sensitive information can be lost since all data is stored internally.
Application Insights:
The large enterprises segment held the largest market share of more than 60% in 2017. The segment is expected to expand at a CAGR of XX% over the forecast period owing to factors such as increasing demand for robust and secure IT infrastructure, growing concerns regarding data breaches and rising adoption of security solutions. Furthermore, increasing penetration of cloud computing services has led to improved efficiency in business operations by enabling organizations to capitalize on economies of scale while reducing costs associated with hardware procurement, maintenance and support.
Regional Analysis:
The North American regional market dominated the global large-scale platforms by revenue and is expected to continue its dominance over the forecast period. The growth can be attributed to factors such as presence of major players, increased adoption of digital technologies, and high demand for cloud-based solutions. Moreover, increasing government initiatives in the region are also expected to drive industry growth. For instance, in 2016 ‘Make in India’ campaign was launched by the Government of India which encourages manufacturing activities at home rather than outsourcing them overseas thus driving product demand over next eight years from 2017 to 2023.
Asia Pacific is anticipated to emerge as a lucrative regional market with significant growth opportunities for LXP providers due primarily on account of rapid technological advancements coupled with growing economic conditions across emerging countries such as China and India among others will propel industry expansion over next eight years from 2017 To 2030 timeframe.
Growth Factors:
- Increasing demand for luxury products and services: The global luxury market is expected to grow at a CAGR of 5.8% from 2016 to 2020, reaching a value of ,915 billion. This growth is being driven by the increasing demand for luxury products and services from the emerging markets, especially China and India.
- Rising disposable income: The growing middle class in the developing countries is driving the demand for luxury products and services as they have more disposable income to spend on these items.
- Growing popularity of experiential travel: There has been a shift in consumer spending towards experiential travel, which offers unique experiences that cannot be replicated elsewhere. This is providing opportunities for LXP platforms to offer exclusive experiences that cater to this trend.
Scope Of The Report
Report Attributes
Report Details
Report Title
LXP Platforms Market Research Report
By Type
Cloud-Based, On-Premises
By Application
Large Enterprises, SMEs
By Companies
Axonify, Grovo, Workday, Degreed, OpenSesame, Rallyware, Knolyx, Udemy, Coursera, Everwise, Hive Learning, GlassFrog
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global LXP Platforms Market Report Segments:
The global LXP Platforms market is segmented on the basis of:
Types
Cloud-Based, On-Premises
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
Large Enterprises, SMEs
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:
- Axonify
- Grovo
- Workday
- Degreed
- OpenSesame
- Rallyware
- Knolyx
- Udemy
- Coursera
- Everwise
- Hive Learning
- GlassFrog
Highlights of The LXP Platforms 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:
- Cloud-Based
- On-Premises
- By Application:
- Large Enterprises
- SMEs
- 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 LXP Platforms 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?
LXP Platforms is a software company that develops and sells enterprise resource planning (ERP) software. The company's flagship product, LXP ERP, is a comprehensive business management solution that helps businesses manage their operations more effectively.
Some of the major companies in the lxp platforms market are Axonify, Grovo, Workday, Degreed, OpenSesame, Rallyware, Knolyx, Udemy, Coursera, Everwise, Hive Learning, GlassFrog.
The lxp platforms market is expected to grow at a compound annual growth rate of 12.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LXP Platforms Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LXP Platforms Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LXP Platforms Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LXP Platforms Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LXP Platforms Market Size & Forecast, 2018-2028
4.5.1 LXP Platforms Market Size and Y-o-Y Growth
4.5.2 LXP Platforms Market Absolute $ Opportunity
Chapter 5 Global LXP Platforms Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 LXP Platforms Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LXP Platforms Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 LXP Platforms Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LXP Platforms Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LXP Platforms Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America LXP Platforms Analysis and Forecast
9.1 Introduction
9.2 North America LXP Platforms Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America LXP Platforms Market Size Forecast by Type
9.6.1 Cloud-Based
9.6.2 On-Premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America LXP Platforms Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe LXP Platforms Analysis and Forecast
10.1 Introduction
10.2 Europe LXP Platforms Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe LXP Platforms Market Size Forecast by Type
10.6.1 Cloud-Based
10.6.2 On-Premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe LXP Platforms Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific LXP Platforms Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LXP Platforms Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific LXP Platforms Market Size Forecast by Type
11.6.1 Cloud-Based
11.6.2 On-Premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific LXP Platforms Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America LXP Platforms Analysis and Forecast
12.1 Introduction
12.2 Latin America LXP Platforms Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America LXP Platforms Market Size Forecast by Type
12.6.1 Cloud-Based
12.6.2 On-Premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America LXP Platforms Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) LXP Platforms Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LXP Platforms Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) LXP Platforms Market Size Forecast by Type
13.6.1 Cloud-Based
13.6.2 On-Premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) LXP Platforms Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LXP Platforms Market: Competitive Dashboard
14.2 Global LXP Platforms Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Axonify
14.3.2 Grovo
14.3.3 Workday
14.3.4 Degreed
14.3.5 OpenSesame
14.3.6 Rallyware
14.3.7 Knolyx
14.3.8 Udemy
14.3.9 Coursera
14.3.10 Everwise
14.3.11 Hive Learning
14.3.12 GlassFrog
