Press release
2025-2034 Enterprise Architecture Management Software Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Enterprise Architecture Management Software
What Is the Expected CAGR for the Enterprise Architecture Management Software Market Through 2025?
The market size of the enterprise architecture management software has been increasing healthily in the last few years. Expected to rise from $1.26 billion in 2024 to $1.35 billion in 2025, it has a compound annual growth rate (CAGR) of 6.9%. Factors that contributed to this growth during the historic period include the escalating complexity of IT infrastructures, the imperative for superior business-IT coordination, the need to streamline IT costs, manage risks, assure compliance, the rising uptake of cloud computing, the call for enhanced communication and collaboration within business and IT, and the demand for improved portfolio administration and decision-making processes.
What's the Projected Size of the Global Enterprise Architecture Management Software Market by 2029?
The market size of software for managing enterprise architecture is anticipated to experience robust growth in the near future. By 2029, its valuation is expected to reach $1.75 billion, with a compound annual growth rate (CAGR) of 6.7%. This expansion during the forecast period is likely due to the intensifying emphasis on digital transformation and business flexibility, widespread acceptance of agile and DevOps practices, the emergence of innovative technologies such as IoT and AI, a need for real-time data and control panels, a demand for enhanced visualization and modeling functionalities, a rising requirement for mobile and cloud-centric solutions, and a growing trend of using automation in EA procedures. The forecast period is also likely to see trends such as the adoption of cloud-based solutions, the infusion of AI and machine learning, the popularity of low-code development platforms, and technological progressions.
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Top Growth Drivers in the Enterprise Architecture Management Software Industry: What's Accelerating the Market?
The growing utilization of cloud-based solutions is anticipated to stimulate the expansion of the enterprise architecture management software market in the future. Cloud-based services are computing services offered over the internet rather than using local servers or personal computers. The surging adoption of such solutions is predominantly propelled by elements such as cost-effectiveness, scalability, adaptability, and remote accessibility. Enterprise architecture management software plays a crucial role in streamlining the design, roll-out, and administration of cloud frameworks, ensuring they align with business objectives. For example, Eurostat, a Luxembourg-based intergovernmental organization, reported in December 2023 that 45.2% of businesses in the European Union embraced cloud computing services mainly for hosting email systems, electronic file storage and carrying out diverse tasks. The procurement of these services marked a 4% increase in 2023 compared to 2021 among EU businesses. It is worth noting that large enterprises, in particular, observed considerable adoption rates, with 77.6% opting for such services in 2023, a jump of 6% from 2021. Hence, the rising adoption of cloud-based services is propelling the enterprise architecture management software market's growth.
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What Trends Will Shape the Enterprise Architecture Management Software Market Through 2029 and Beyond?
In the enterprise architecture management software market, major firms are focusing on creating AI-powered solutions to bolster their proficiency in delivering advanced analytics. The use of artificial intelligence in these solutions helps streamline the management of an organization's IT infrastructure, ensuring its alignment with business objectives. For example, Mega International, a software company based in France, released an enhanced AI-powered platform called HOPEX Aquila in October 2023. This updated platform boasts features such as automated IT rationalization, recommendations for cloud migration, simplified report creation tools for data-based decision making, and a redesigned user interface for greater ease of use. Additionally, it also contains HOPEX AI Assistant, an AI-enabled application portfolio management system equipped with capabilities like automated software discovery, smart application identification, and automated diagram creation.
What Are the Main Segments in the Enterprise Architecture Management Software Market?
The enterprise architecture management softwaremarket covered in this report is segmented -
1) By Type: Cloud Based, On Premises
2) By Application: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
3) By Vertical: Banking Financial Services And Insurance (BFSI), Consumer Goods And Retail, Telecommunication, Information Technology (IT), Manufacturing, Healthcare And Lifesciences, Other Verticals
Subsegments:
1) By Cloud Based: Public Cloud Solutions, Private Cloud Solutions, Hybrid Cloud Solutions, SaaS (Software as a Service) Solutions, Multi-Tenant Cloud Solutions
2) By On Premises: Traditional On-Premises Solutions, Virtualized On-Premises Solutions, Customizable On-Premises Solutions, Enterprise-Grade On-Premises Solutions
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Which Top Companies are Driving Growth in the Enterprise Architecture Management Software Market?
Major companies operating in the enterprise architecture management software market are International Business Machines Corporation, Hewlett Packard Enterprise Company, OpenText Corporation, Software AG, TIBCO Software Inc., Planview Inc., IDERA Inc., Amyx Inc., MEGA International, Cameo Global, Future Tech Systems Inc., UMT360 Inc., Orbus Software Ltd., Bizzdesign BV, erwin Inc., ValueBlue B.V., MID GmbH, Atoll Technologies Plc., Avolution Pty Ltd., QualiWare ApS, Sparx Systems Pty Ltd., Versio.io Inc., Ardoq AS
Which Regions Will Dominate the Enterprise Architecture Management Software Market Through 2029?
North America was the largest region in the enterprise architecture management software market in 2024. The regions covered in the enterprise architecture management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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