Enterprise Performance Management Market to record USD 2.23 Bn incremental growth; Driven by increased demand for cloud-based enterprise performance management applications -- Technavio

NEW YORK, Oct. 19, 2022 /PRNewswire/ -- The "Enterprise Performance Management Market by End-user and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the enterprise performance management market between 2021 and 2026 is USD 2.23 billion. To estimate the size of the market, Technavio has tracked the recent trends and developments in the application software industry. Some of the factors considered in the estimation of the market size include revenue generated by vendors, global IT spending, IT budgets allocated by central and state governments across major markets, and GDP growth among others. Understand the scope of our full report on the enterprise performance management market. Download Sample PDF Report Now

Key Market Dynamics:

• Market Driver
• Market Challenges

The market is driven by the increased demand for cloud-based enterprise performance management applications. The adoption of cloud-based solutions eliminates the need for upfront investments in hardware infrastructure. Besides, the inherent benefits of cloud computing such as scalability, reliability, and high resource availability are increasing the adoption of cloud-based solutions among enterprises. Moreover, the adoption of cloud-based enterprise performance management applications by leveraging technologies such as mobility, AI, and blockchain, provides new opportunities to enterprises. They also enable enterprise-wide departments to have real-time access to information on financial and business strategies. Many such benefits are positively influencing the growth of the global enterprise performance management market.

However, data security issues are expected to reduce the growth potential in the market. The number of cybercrimes is increasing across the globe and the types of attacks are becoming more diversified. The threat of ransomware is forcing enterprises to strengthen the security of their enterprise performance management applications and IT infrastructure in order to ensure high levels of security. This is making it difficult for enterprises to adopt enterprise performance management applications that process sensitive financial information involving strategic decisions. This is expected to hinder the growth of the market during the forecast period.

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The enterprise performance management market report is segmented by end-user (BSFI, telecom and IT, manufacturing, healthcare, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

The BFSI industry is the major end-user of enterprise performance management solutions. Businesses operating in the BFSI sector are increasingly adopting enterprise performance management applications to streamline their financial planning and budgeting processes in line with their business strategies and plans. The adoption of enterprise performance management applications enables funds transfer pricing and provides profitability applications for the accurate calculation of the profitability of the enterprise.

North America will emerge as the dominant market, occupying 45% of the global market share over the forecast period. The growing requirement for regulatory compliance and the rise in popularity of cloud-based enterprise performance management applications over spreadsheets are driving the growth of the regional market. Also, the rising digitalization across various end-user industries, such as banking, financial services, insurance (BFSI), and healthcare, in countries such as the US, Canada, and Mexico is contributing to the growth of the enterprise performance management market in North America.

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Key Vendors Identified in the Enterprise Performance Management Market:

• Anaplan Inc.
• BearingPoint Holding BV
• Board International SA
• Centage Corp.
• Epicor Software Corp.
• Global Software LLC
• Honeywell International Inc.
• Infor Inc.
• International Business Machines Corp.
• Jedox GmbH
• Kaufman, Hall and Associates LLC
• OneStream Software LLC
• Oracle Corp.
• Planful Inc.
• Prophix Software Inc.
• SAP SE
• Unit4 NV
• Vena Solutions Inc.
• Wolters Kluwer NV
• Workday Inc.

Related Reports:

Global Enterprise Resource Planning Software Market 2021-2025: The global enterprise resource planning software market is segmented by type (cloud-based and on-premise) and geography (North America, Europe, APAC, South America, and MEA). The market will observe high adoption of cloud-based solutions over the forecast period. North America will have the largest market share. View Report Snapshot Here

Global Enterprise Application Software Market 2022-2026: The global enterprise application software market is segmented by deployment (on-premise and cloud-based) and geography (North America, Europe, APAC, South America, and MEA). The demand for on-premise enterprise application software will be significant among end-users. North America will have the largest share of the market. View Report Snapshot Here

Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user 
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 BFSI - Market size and forecast 2021-2026
• Exhibit 28: Chart on BFSI - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on BFSI - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on BFSI - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on BFSI - Year-over-year growth 2021-2026 (%)

• 5.4 Telecom and IT - Market size and forecast 2021-2026
• Exhibit 32: Chart on Telecom and IT - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Telecom and IT - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Telecom and IT - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Telecom and IT - Year-over-year growth 2021-2026 (%)

• 5.5 Manufacturing - Market size and forecast 2021-2026
• Exhibit 36: Chart on Manufacturing - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Manufacturing - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Manufacturing - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Manufacturing - Year-over-year growth 2021-2026 (%)

• 5.6 Healthcare - Market size and forecast 2021-2026
• Exhibit 40: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by End-user 
• Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 52: Chart on Geographic comparison
• Exhibit 53: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 62: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 UK - Market size and forecast 2021-2026
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.10 Canada - Market size and forecast 2021-2026
• Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 France - Market size and forecast 2021-2026
• Exhibit 90: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 91: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 92: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 100: Matrix on vendor position and classification

• 10.3 Anaplan Inc. 
• Exhibit 101: Anaplan Inc. - Overview
• Exhibit 102: Anaplan Inc. - Product / Service
• Exhibit 103: Anaplan Inc. - Key offerings

• 10.4 Board International SA 
• Exhibit 104: Board International SA - Overview
• Exhibit 105: Board International SA - Product / Service
• Exhibit 106: Board International SA - Key offerings

• 10.5 Centage Corp. 
• Exhibit 107: Centage Corp. - Overview
• Exhibit 108: Centage Corp. - Product / Service
• Exhibit 109: Centage Corp. - Key offerings

• 10.6 Global Software LLC 
• Exhibit 110: Global Software LLC - Overview
• Exhibit 111: Global Software LLC - Product / Service
• Exhibit 112: Global Software LLC - Key offerings

• 10.7 Honeywell International Inc. 
• Exhibit 113: Honeywell International Inc. - Overview
• Exhibit 114: Honeywell International Inc. - Business segments
• Exhibit 115: Honeywell International Inc. - Key news
• Exhibit 116: Honeywell International Inc. - Key offerings
• Exhibit 117: Honeywell International Inc. - Segment focus

• 10.8 Infor Inc. 
• Exhibit 118: Infor Inc. - Overview
• Exhibit 119: Infor Inc. - Product / Service
• Exhibit 120: Infor Inc. - Key news
• Exhibit 121: Infor Inc. - Key offerings

• 10.9 International Business Machines Corp. 
• Exhibit 122: International Business Machines Corp. - Overview
• Exhibit 123: International Business Machines Corp. - Business segments
• Exhibit 124: International Business Machines Corp. - Key offerings
• Exhibit 125: International Business Machines Corp. - Segment focus

• 10.10 Oracle Corp. 
• Exhibit 126: Oracle Corp. - Overview
• Exhibit 127: Oracle Corp. - Business segments
• Exhibit 128: Oracle Corp. - Key news
• Exhibit 129: Oracle Corp. - Key offerings
• Exhibit 130: Oracle Corp. - Segment focus

• 10.11 SAP SE 
• Exhibit 131: SAP SE - Overview
• Exhibit 132: SAP SE - Business segments
• Exhibit 133: SAP SE - Key news
• Exhibit 134: SAP SE - Key offerings
• Exhibit 135: SAP SE - Segment focus

• 10.12 Workday Inc. 
• Exhibit 136: Workday Inc. - Overview
• Exhibit 137: Workday Inc. - Product / Service
• Exhibit 138: Workday Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 139: Inclusions checklist
• Exhibit 140: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 141: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 142: Research methodology
• Exhibit 143: Validation techniques employed for market sizing
• Exhibit 144: Information sources

• 11.5 List of abbreviations 
• Exhibit 145: List of abbreviations

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