Press release
Enterprise Architecture Tools Market Growth 2022 Size, Trend, Major Companies Profile, Competitive Landscape and Key Regions 2029
The Global Enterprise Architecture Tools Market is forecast to reach above USD 1427 million by 2029 by rising at a compound annual growth rate (CAGR) of 4.5% throughout the forecast period from 2019 to 2029.Enterprise Architecture Tools Market Overview
The growing importance of business-driven enterprise architecture as a means for strategically transitioning a corporation and the growing requirement to link enterprise IT environments to business strategies are propelling the industry forward. Business-driven technologies that incorporate big data capabilities save time and expedite the completion of various pipeline projects. The pandemic of COVID-19 had a negative impact on the market.
The market's growth is being hampered by a drop in IT investment across enterprises and the high cost of enterprise architecture tools. Low IT investment was linked to low spending on solutions and services across enterprises. However, after the pandemic, the market for business architecture tools is projected to revive as organisations focus on enterprise architecture tools solutions to boost productivity.
The global Enterprise Architecture Tools market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
In January 2021, erwin acquired Quest Software, the aim of this acquisition is to add new capabilities to Quest Software, which may help drive significant data initiatives and the deployment of modern applications while ensuring regulatory compliance.
In November 2020, BOC Group formed a partnership with ATD Solution, an APAC-based digital enterprise architecture consulting firm. The aim of the partnership is to expand BOC Group's presence in the APAC and offer better enterprise architecture solutions in the region
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Enterprise Architecture Tools market manufacturers. The revenue created from the sales of Enterprise Architecture Tools Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Dell Technologies, Inc. (Erwin, Inc.), Software AG, Linde PLC (BOC Group), BiZZdesign, Mega International S.A., Orbus Software (SilverTree Equity), Qualiware ApS, LeanIX GmbH, Sparx Systems Pty. Ltd., and Avolution Pty. Ltd and Others.
The Enterprise Architecture Tools Market has been segmented as below:
Enterprise Architecture Tools Market by Component, 2019-2028, (In USD Billion)
Solutions
Infrastructure Architecture
Application Architecture
Data Architecture
Security Architecture
Others
Services
Managed Services
Professional
Enterprise Architecture Tools Market by Deployment, 2019-2028, (In USD Billion)
On-Premises
Cloud
Enterprise Architecture Tools Market by Organization Size, 2019-2028, (In USD Billion)
Large Enterprises
SMES
Enterprise Architecture Tools Market by End Use 2019-2028, (In USD Billion)
BFSI
Consumer Goods and Retail
Telecommunication
IT
Manufacturing
Healthcare and Life Sciences
Others
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Enterprise Architecture Tools Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Enterprise Architecture Tools market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Enterprise Architecture Tools Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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