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Enterprise Performance Management Global Market 2023 - Industry Trends, Share, Size, Growth, Opportunity And Forecast 2032
Enterprise Performance Management Market
The Business Research Company's Enterprise Performance Management Global Market Report 2023 identifies xxincrease in requirements for regulatory compliance and security as the major driver for the Enterprise Performance Management market's growth in the forecast period. Regulatory compliance and security are a continual process of adhering to pertinent local, state, national, and international laws, security protocols, and business regulations. Enterprise performance management helps report compliance to demonstrate that the business complies with the conditions set forth by a governmental or regulatory body under a specific regulation.
The global enterprise performance management market size is expected to grow from $6.30 billion in 2022 to $6.74 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The enterprise performance management market is expected to grow to $8.80 billion in 2027 at a CAGR of 6.9%.
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Major competitors in the Enterprise Performance Management market are Oracle Corporation, IBM Corporation, Infor Inc., SAP AG, Anaplan Inc., Workday Inc., Unicom Systems Inc., Planful, Workiva Inc., Unit4.
A key trend in the Enterprise Performance Management market includes technological advancement. Major companies in the enterprise performance management market are advancing towards cloud-based enterprise performance management to gain a competitive edge in the market. For instance, in September 2021, Oracle, a US-based company operating in Enterprise Performance Management (EPM), introduced various innovative features for its Oracle Fusion Cloud ERP and EPM solutions, expanding its EPM platform.
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The Enterprise Performance Management market is segmented -
• By Component: Solutions/Software, Services
• By Deployment: On-premise, Cloud
• By Application: Enterprise Planning and Budgeting, Financial Consolidation, Reporting and Compliance, Integrated Performance Management System, Other Applications
• By Industry Vertical: BFSI, IT and Telecom, Retail, Manufacturing, Healthcare, Energy and Utilities, Other Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Enterprise Performance Management market.
The Business Research Company's "Global Enterprise Performance Management Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Enterprise Performance Management Market Include:
1. Executive Summary
2. Enterprise Performance Management Market Characteristics
3. Enterprise Performance Management Market Trends And Strategies
4. Enterprise Performance Management Market - Macro Economic Scenario
5. Enterprise Performance Management Market Size And Growth
…………………………………..
26. Africa Enterprise Performance Management Market
27. Enterprise Performance Management Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Enterprise Performance Management Market
29. Enterprise Performance Management Market Future Outlook and Potential Analysis
30. Appendix
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