Press release
Enterprise Architecture Tools Market Forecast and Insights 2024
Enterprise Architecture Tools Market Forecast
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=12556&type=smp
According to The Business Research Company's, The enterprise architecture tools market size has grown strongly in recent years. It will grow from $1.25 billion in 2023 to $1.33 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to it system complexity, business process optimization, regulatory compliance, globalization of business operations, emergence of cloud computing.
The enterprise architecture tools market size is expected to see strong growth in the next few years. It will grow to $1.67 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to increasing adoption of hybrid and multi-cloud environments, emphasis on cybersecurity and data protection, rising demand for business agility, continued digitalization efforts, expansion of remote work. Major trends in the forecast period include greater focus on user experience design, shift towards microservices architecture, increased use of artificial intelligence in architecture tools, rising demand for modular and customizable solutions, emphasis on sustainability and environmental impact in tool development.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/enterprise-architecture-tools-global-market-report
Market Drivers and Trends:
Rising cloud adoption is expected to propel the growth of the enterprise architecture tools market going forward. Cloud refers to a network of remote servers hosted on the Internet that store, manage, and deliver data, applications, and services to users and organizations. Cloud-based enterprise architecture tools provide enhanced visibility, informed decision-making, innovation, continuous updates, and accessibility. Enterprise architecture tools aid in developing a cloud strategy by evaluating the organization's current architecture, identifying areas that can be migrated to the cloud, and defining the target cloud architecture. For instance, in December 2021, according to Eurostat, a Luxembourg-based intergovernmental organization, 41% of EU enterprises used cloud computing in 2021, primarily for hosting their e-mail systems and storing files in electronic form, an increase of 5 percentage points compared to 2020. In the EU, large businesses adopted cloud computing at a rate of 72% in 2021, an increase of 7 percentage points from 2020. Compared to 46% in 2020, 53% of medium-sized businesses adopted cloud computing in 2021. Cloud computing usage in small businesses rose by 5 percentage points to 38%. Therefore, rising cloud adoption is driving the growth of the enterprise architecture tools market.
Product innovations are a key trend gaining popularity in the enterprise architecture tools market. Major companies operating in the enterprise architecture tools market are focused on developing innovative products and solutions to sustain their position in the market. For instance, in June 2022, Ardoq, a Norway-based technology company, launched Ardoq Discover, a new enterprise architecture tool that enables impactful decisions at every level of the organization. It is developed to democratize EA throughout the firm and facilitate insights-driven decisions quickly, resulting in profitable transformation over time. It offers enterprise architects rich tools for modeling and building data visualizations to democratize decision-making across digital companies and enable quick, insight-driven decisions. Ardoq Discover ensures that an organization's data is accurate and up-to-date and allows users to easily explore data, identify dependencies, and contribute role-specific knowledge to the enterprise knowledge base. Its key features include enhanced accessibility and reduced architectural support efforts.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Microsoft Corporation, International Business Machines Corporation (IBM), ServiceNow Inc., Dassault Systèmes SE, Avolution, Software AG, Planview, iGrafx, LeanIX, BOC Group, BiZZdesign, Orbus Software, Clausmark, Ardoq, Enterprises Architecture Solutions Ltd., Atoll Technologies Information, Mega Interntional, QualiWare ApS, UNICOM Systems Inc., Capstera, Capsifi, FIOS Insight, Sparx Systems, Valispace, SmartDraw Software LLC, ValueBlue
Enterprise Architecture Tools Market 2024 Key Insights:
• The enterprise architecture tools market size is expected to see strong growth in the next few years. It will grow to $1.67 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.
• Growing Enterprise Architecture Tools Market Fueled By Cloud Adoption
• Rising Popularity Of Product Innovations In Enterprise Architecture Tools Market
• North America was the largest region in the enterprise architecture tools market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=12556&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Enterprise Architecture Tools Market Forecast and Insights 2024 here
News-ID: 3766592 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Enterprise
OpenPayd's Ozan Ozerk Named Enterprise Entrepreneur at 2025 Enterprise Awards
London, 19 June 2025 - Dr. Ozan Ozerk, founder of OpenPayd, has been named "Enterprise Entrepreneur" at this year's Enterprise Awards, an event that celebrates the UK's most impactful technology founders. The ceremony took place at Drapers' Hall on the evening of 18 June, bringing together leaders from across the innovation and investment landscape.
The recognition comes after a period of substantial growth for OpenPayd. In the past 12 months, the…
Redefining Enterprise Connectivity: Enterprise VSAT Market Poised for Remarkable …
Enterprise VSAT's market was estimated to be worth US$ 4,324.5 Mn in 2022, and by the end of 2033, it is anticipated to have increased to US$ 8,110.5 Mn. In 2023, the market for corporate VSAT is anticipated to be worth $4,514.8 Mn USD. From 2023 to 2033, the enterprise VSAT market is anticipated to expand at a 6.0% CAGR.
Businesses in industries like retail and consumer goods, healthcare, BFSI, media…
Enterprise WLAN Market Awareness Overview 2025 | , Hewlett-Packard Enterprise, H …
Global Enterprise WLAN Market: Snapshot
The global enterprise WLAN is registering a significant rise in its valuation, thanks to the increasing penetration of Internet across the world. The rapidly rising market for enterprise WLAN technology is anticipated to boost the cloud technology and the Internet of Things (IoT) industries as well, inducing intense competitiveness. Moreover, the continual technological advancements are projected to increase WLAN applications in a number of industry sectors…
Enterprise Mobility Market - Generating an Increasing Demand for Enterprise Mobi …
Geographically-spread enterprises are constantly faced with scenarios that require the convergence of a large number of communication channels and inclusion of foreign computing devices in the central network.
With a vast rise in mobile devices that need to be integrated with enterprise networks, mostly owing to the increasing trend of policies such as bring-your-own-device and choose-your-own-device, and diversely located workplaces and employees, the need for adopting enterprise mobility solution has…
Enterprise Mobility Market - Generating an Increasing Demand for Enterprise Mobi …
Geographically-spread enterprises are constantly faced with scenarios that require the convergence of a large number of communication channels and inclusion of foreign computing devices in the central network. With a vast rise in mobile devices that need to be integrated with enterprise networks, mostly owing to the increasing trend of policies such as bring-your-own-device and choose-your-own-device, and diversely located workplaces and employees, the need for adopting enterprise mobility solution has…
Develop enterprise applications using Packt's new Microsoft Enterprise Library 5 …
Packt is pleased to announce Microsoft Enterprise Library 5.0, a new book that helps programmers to develop enterprise applications using the enterprise library application blocks as well as set up the initial infrastructure configuration of the application blocks using the configuration editor. Written by Sachin Joshi, this book provides an in-depth knowledge about the individual functional Application Blocks as well as enabling reconfiguration of various applications in order to…
