Enterprise Performance Management (EPM) is a kind of software that is designed to help organizations link their strategies to their plans and execution. There are various components of an EPM software that are linked to management processes such as budgeting, planning, forecasting and modelling. EPM software also consists of consolidation of results and closing the books on a time wise basis. EPM software also has a component of reporting results to internal and external shareholders and analyzing performance and to check whether the performance of the organization is as per the plan and in accordance with the vision and mission of the organization. Other indicators that are used as a yardstick in EPM software are return on investment (ROI), revenue costs, overhead costs and operational costs.
According to the assessment of Persistence Market Research, the global Enterprise Performance Management (EPM) software market is forecasted to reach a figure of about US$ 3,600 Mn in 2022 and is poised to exhibit a robust CAGR in the period of assessment.
North America Market Set to Dominate the Global EPM Software Market in Terms of Revenue
The market in North America is set to dominate the global EPM software market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America EPM software market is the most attractive market, growing at a robust CAGR over the forecast period.
Software Product Type Segment Slated to Touch a Value of About US$ 2,800 Mn in 2022
According to the projections of Persistence Market Research, the software product type segment is expected to reach a value of about US$ 2,800 Mn in the year 2022. This signifies a steady CAGR during the forecast period of 2017-2022. The software product type segment is estimated to account for more than three-fourths of the revenue share of the product type segment by the end of the year 2017 and is expected to lose in market share by 2022 over 2017.
BFSI End User Segment to Exhibit a CAGR of 4.0% During the Assessment Period
According to the assessment of Persistence Market Research, the BFSI end user segment is poised to touch a figure of about US$ 990 Mn in the year 2022. This signifies a CAGR of 4.0% during the assessment period from 2017 till the year 2022. The BFSI end user segment is estimated to account for nearly one-fourth of the revenue share of the end user segment by the end of the year 2017 and is projected to lose market share by 2022 over 2017.
The report also profiles companies that are expected to remain active in the expansion of global EPM software market through 2022, which include Oracle Corp., SAP SE, International Business Machines Corp., Anaplan Inc., Wolters Kluwer NV, Host Analytics Inc., Adaptive Insights Inc., Workiva Inc. and Infor Inc.
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Enterprise Performance Management (EPM) Software Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’. In this report, the global EPM software market is explored in great detail, and the market dynamics of the global EPM software market has been covered comprehensively, explaining to the report readers the drivers, restraints and trends operating in this highly competitive market. Also, analysis of the data over different parameters has been done in order to arrive at market numbers concerning the global EPM software market. Besides, competition landscape of the global EPM software market is also covered in this report, giving information about the key companies operating in the global EPM software market.
In the first part of the report, the executive summary and the introduction are given. The executive summary gives a summary of the global EPM software market and gives the pertinent market numbers that are most significant, which include the historical CAGR growth from 2012 till 2016 and the forecasted CAGR from the year 2017 till the end of the forecast period in the year 2022. Information about lucrative markets from the point of view of leading revenue share and highest CAGR are also given in the executive summary.
In the introduction section, the EPM software market is defined in detail so that the report readers are clear about the scope of this market.
The next section of the report gives information on the key dynamics of the EPM software market. Key points covered in this section include the global economy, fiscal stimulus and bottom line of enterprises.
In the subsequent section of the report, information is given on the cost structure analysis and pricing analysis of the global EPM software market. An analysis on the market presence of key participants (intensity map) is also offered in this section.
The next part of the report consists of the global EPM software market analysis and forecast by product type, end-user, deployment and region. This section of the report contains important market numbers in the form of year-on-year growth comparison, market share comparison and revenue comparison. The global EPM software market is also analyzed across key regions- North America, Latin America, Europe, Japan, APEJ and MEA.
The last section of the report contains the competition landscape, where leading market players operating in the global EPM software market are profiled in detail. This information is in the form of company overview, product overview, key financials and key developments pertaining to that particular company. The competition landscape also features the SWOT analysis of the selected companies, which gives the report readers information about the strengths, weaknesses, opportunities and the threats that such companies operating in the global EPM software market are facing. The competition landscape is an invaluable part of the report as it contains all the necessary information to study the leading companies operating in the global EPM software market and how they implement their strategies and vision to stay in the pole position in this highly competitive market.
Persistence Market Research leverages a proven and tested research methodology to determine the revenue estimations of the global EPM software market. In-depth secondary research is used to arrive at the overall market size and top industry players. A list of industry players (manufacturers), distributors, retailers, and industry experts is developed along with a comprehensive discussion guide for detailed and exhaustive primary interviews. Data thus obtained is validated using the triangulation method, where primary and secondary research along with Persistence Market Research analysis contribute to the final data. This data is then scrutinized using advanced tools to glean pertinent insights into the global EPM software market.