Press release
Enterprise Performance Management (EPM) Software Market Estimated to Experience a Hike in Growth by 2033
Enterprise Performance Management Software Market
It gives a lot of attention to end-user industries, product applicability, and market definition. The study's time frame is 2022-2027. The competitive environment and market dynamics are carefully examined throughout the essay's body.
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The Enterprise Performance Management (EPM) software market is soaring due to an increasing demand for upgrading the strategy of organizations. The involvement of cloud based EPM software builds on the benefits of the traditional EPM software, making it faster and easier to implement, increase the speed of innovation across the organizations, reduce the operating costs of entities using the EPM software and supporting increased collaboration and teamwork in the entire organization.
EPM software also helps in automating tasks that are manual in nature and increase the implementation speed of key finance processes. The EPM software is designed to help in the implementation of the strategic plans and goals that enterprises have set for themselves and help in the attainment of such goals as per the broader vision and mission of the enterprises.
Key Players:
The report has profiled some of the Important players prevalent in the global like - International Business Machines Corp., Adaptive Insights Inc., Oracle Corp., Workiva Inc., SAP SE, Host Analytics Inc., Anaplan Inc., Infor Inc. and Wolters Kluwer NV. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Enterprise Performance Management Software.
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4 Forecast Highlights on Global EPM Software Market
As per the forecast of Persistence Market Research, the services product type segment is slated to touch a value of nearly US$ 800 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The services product type segment is estimated to account for more than one-fifth of the revenue share of the product type segment by the year 2017 and is forecasted to gain market share by 2022 over 2017.
As per the forecast of Persistence Market Research, the IT & Telecommunication end user segment will reach a value of about US$ 550 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The IT & Telecommunication end user segment is forecasted to account for nearly one-fifth of the total revenue share of the end user segment by the end of the year 2017 and is expected to gain in market share by 2022 as compared with the year 2017.
As per the forecast of Persistence Market Research, the cloud segment is slated to reach a value of nearly US$ 970 Mn in 2022. The cloud segment is expected to gain market share by the end of the year 2022. The largest share is contributed by the North America region in the cloud segment.
Persistence Market Research forecasts the U.S. EPM software market to exhibit a compound annual growth rate (CAGR) of nearly 5% from 2017 to 2022.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Enterprise Performance Management Software Market Manufacturers
Enterprise Performance Management Software Market Distributors/Traders/Wholesalers
Enterprise Performance Management Software Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Expert analysis, actionable insights, and strategic recommendations - the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.
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