Product Code: GVR-4-68040-257-6
Enterprise Performance Management Market Growth & Trends:
The global enterprise performance management market size is anticipated to reach USD 10.99 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 8.5% from 2024 to 2030. The increasing adoption of digital transformation initiatives, the rising volume and complexity of business data, regulatory compliance, and the growing need for strategic planning and agility are expected to drive the EPM market's growth.
COVID-19 positively impacted the market, as the pandemic highlighted the importance of supply chain resilience and agility. Enterprise performance management solutions have evolved to help organizations better manage their supply chains by providing real-time insights into inventory levels, production capacity, and supplier performance.
The EPM market trends include the growing adoption of cloud-based solutions. Organizations are increasingly migrating their data infrastructure to the cloud to leverage scalability, flexibility, and cost-effectiveness. As a result, there is a rising demand for cloud-native EPM platforms that seamlessly integrate with cloud environments, provide centralized data management capabilities, and ensure data security and compliance across hybrid and multi-cloud deployments.
Additionally, a growing focus is on establishing enterprise performance management as a strategic business function. Organizations recognize EPM's value in driving business outcomes, enabling data-driven decision-making, and fostering innovation and collaboration.
Enterprise Performance Management Market Report Highlights:
- The solution segment led the market with the largest revenue share of 62.5% in 2023 and is expected to retain its dominance over the forecast period. The growing emphasis on data privacy, security, and ethical data practices is driving the adoption of EPM solutions.
- The on-premises deployment segment dominated the market in 2023 and is expected to grow at a significant CAGR over the forecast period, owing to the provision of control over sensitive data by allowing organizations to maintain data within their infrastructure.
- The large enterprises segment held the largest revenue share in 2023 and is projected to grow at a significant CAGR over the forecast period, due to business data's increasing volume and complexity.
- Based on function, the supply chain segment dominated the market in 2023 and is projected to grow at a significant CAGR over the forecast period, owing to an increase in the need to streamline supply chain processes across manufacturing and consumer goods industries
- Based on vertical, the BFSI segment accounted for the largest revenue share in 2023. EPM solutions assist BFSI organizations in ensuring compliance with the regulations.
- In August 2023, SAP launched add-in version 10.0 for Microsoft Office, provided with EPM solutions involving SAP BusinessObjects Financial Consolidation, Profitability and Cost Management models, Planning and Consolidation version for SAP NetWeaver 10.0 and Planning and Consolidation version for the Microsoft platform 10.0.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Offering
- 1.2.2. Deployment
- 1.2.3. Enterprise size
- 1.2.4. Function
- 1.2.5. Vertical
- 1.2.6. Regional scope
- 1.2.7. Estimates and forecasts timeline
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Information procurement
- 1.4.2. Information or data analysis
- 1.4.3. Market formulation & data visualization
- 1.4.4. Data validation & publishing
- 1.5. Research Scope and Assumptions
- 1.5.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Offering
- 2.2.2. Deployment outlook
- 2.2.3. Enterprise size outlook
- 2.2.4. Function outlook
- 2.2.5. Vertical outlook
- 2.3. Competitive Insights
Chapter 3. Enterprise Performance Management Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.1.1. The rising volume and complexity of business data
- 3.3.1.2. The increasing adoption of digital transformation initiatives
- 3.3.1.3. Dynamic regulatory compliance
- 3.3.2. Market restraints analysis
- 3.3.2.1. Increasing number of data breaches
- 3.3.3. Market opportunity analysis
- 3.3.3.1. Increasing market expansion of the enterprises
- 3.4. Enterprise Performance Management Market Analysis Tools
- 3.4.1. Industry Analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic landscape
- 3.4.2.3. Social landscape
- 3.4.2.4. Technological landscape
- 3.4.2.5. Environmental landscape
- 3.4.2.6. Legal landscape
Chapter 4. Enterprise Performance Management Market: Offering Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Enterprise Performance Management Market: Offering Movement Analysis, USD Million, 2023 & 2030
- 4.2.1. Solution
- 4.2.1.1. Solution market estimates and forecasts 2018 to 2030 (USD Million)
- 4.2.2. Services
- 4.2.2.1. Services market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 5. Enterprise Performance Management Market: Deployment Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Enterprise Performance Management Market: Deployment Movement Analysis, USD Million, 2023 & 2030
- 5.2.1. On-Premises
- 5.2.1.1. On-premises market estimates and forecasts 2018 to 2030 (USD Million)
- 5.2.2. Cloud-based
- 5.2.2.1. Cloud market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 6. Enterprise Performance Management Market: Enterprise Size Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Enterprise Performance Management Market: Deployment Movement Analysis, USD Million, 2023 & 2030
- 6.2.1. SMEs
- 6.2.1.1. SMEs market estimates and forecasts 2018 to 2030 (USD Million)
- 6.2.2. Large Enterprises
- 6.2.2.1. Large enterprises market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 7. Enterprise Performance Management Market: Function Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Enterprise Performance Management Market: Deployment Movement Analysis, USD Million, 2023 & 2030
- 7.2.1. Finance
- 7.2.1.1. Finance market estimates and forecasts 2018 to 2030 (USD Million)
- 7.2.2. Human Resources
- 7.2.2.1. Human resources market estimates and forecasts 2018 to 2030 (USD Million)
- 7.2.3. Supply Chain
- 7.2.3.1. Supply chain market estimates and forecasts 2018 to 2030 (USD Million)
- 7.2.4. Sales and Marketing
- 7.2.4.1. Sales and marketing market estimates and forecasts 2018 to 2030 (USD Million)
- 7.2.5. Others
- 7.2.5.1. Others market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 8. Enterprise Performance Management Market: Vertical Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Enterprise Performance Management Market: Deployment Movement Analysis, USD Million, 2023 & 2030
- 8.2.1. BFSI
- 8.2.1.1. BFSI market estimates and forecasts 2018 to 2030 (USD Million)
- 8.2.2. Retail
- 8.2.2.1. Retail market estimates and forecasts 2018 to 2030 (USD Million)
- 8.2.3. Healthcare
- 8.2.3.1. Healthcare market estimates and forecasts 2018 to 2030 (USD Million)
- 8.2.4. IT & Telecom
- 8.2.4.1. IT & telecom market estimates and forecasts 2018 to 2030 (USD Million)
- 8.2.5. Government & Education
- 8.2.5.1. Government & education market estimates and forecasts 2018 to 2030 (USD Million)
- 8.2.6. Manufacturing
- 8.2.6.1. Manufacturing market estimates and forecasts 2018 to 2030 (USD Million)
- 8.2.7. Others
- 8.2.7.1. Others market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 9. Enterprise Performance Management Market: Regional Estimates & Trend Analysis
- 9.1. Enterprise Performance Management Market Share, By Region, 2023 & 2030 USD Million
- 9.2. North America
- 9.2.1. North America Enterprise Performance Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.2. U.S.
- 9.2.2.1. U.S. enterprise performance management market estimates and forecasts 2018 to 2030 (USD Million)
- 9.2.3. Canada
- 9.2.3.1. Canada enterprise performance management market estimates and forecasts 2018 to 2030 (USD Million)
- 9.3. Europe
- 9.3.1. Europe Enterprise Performance Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.2. UK
- 9.3.2.1. UK market estimates and forecasts 2018 to 2030 (USD Million)
- 9.3.3. Germany
- 9.3.3.1. Germany market estimates and forecasts 2018 to 2030 (USD Million)
- 9.3.4. France
- 9.3.4.1. France market estimates and forecasts 2018 to 2030 (USD Million)
- 9.3.5. Italy
- 9.3.5.1. Italy market estimates and forecasts 2018 to 2030 (USD Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Enterprise Performance Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.2. Japan
- 9.4.2.1. Japan market estimates and forecasts 2018 to 2030 (USD Million)
- 9.4.3. China
- 9.4.3.1. China market estimates and forecasts 2018 to 2030 (USD Million)
- 9.4.4. India
- 9.4.4.1. India market estimates and forecasts 2018 to 2030 (USD Million)
- 9.4.5. Australia
- 9.4.5.1. Australia market estimates and forecasts 2018 to 2030 (USD Million)
- 9.4.6. South Korea
- 9.4.6.1. South Korea market estimates and forecasts 2018 to 2030 (USD Million)
- 9.5. Latin America
- 9.5.1. Latin America Enterprise Performance Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.2. Brazil
- 9.5.2.1. Brazil market estimates and forecasts 2018 to 2030 (USD Million)
- 9.5.3. Mexico
- 9.5.3.1. Mexico market estimates and forecasts 2018 to 2030 (USD Million)
- 9.5.4. Argentina
- 9.5.4.1. Argentina market estimates and forecasts 2018 to 2030 (USD Million)
- 9.6. MEA
- 9.6.1. MEA Enterprise Performance Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.2. South Africa
- 9.6.2.1. South Africa market estimates and forecasts 2018 to 2030 (USD Million)
- 9.6.3. Saudi Arabia
- 9.6.3.1. Saudi Arabia market estimates and forecasts 2018 to 2030 (USD Million)
- 9.6.4. UAE
- 9.6.4.1. UAE market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 10. Competitive Landscape
- 10.1. Recent Developments & Impact Analysis, By Key Market Participants
- 10.2. Company Categorization
- 10.3. Company Market Positioning
- 10.4. Company Heat Map Analysis
- 10.5. Strategy Mapping
- 10.5.1. Expansion
- 10.5.2. Mergers & Acquisition
- 10.5.3. Partnerships & Collaborations
- 10.5.4. New Product Launches
- 10.5.5. Research And Development
- 10.6. Company Profiles
- 10.6.1. Oracle
- 10.6.1.1. Company overview
- 10.6.1.2. Financial performance
- 10.6.1.3. Product benchmarking
- 10.6.1.4. Strategic initiatives
- 10.6.2. SAP
- 10.6.2.1. Company overview
- 10.6.2.2. Financial performance
- 10.6.2.3. Product benchmarking
- 10.6.2.4. Strategic initiatives
- 10.6.3. IBM Corporation
- 10.6.3.1. Company overview
- 10.6.3.2. Financial performance
- 10.6.3.3. Product benchmarking
- 10.6.3.4. Strategic initiatives
- 10.6.4. SAS Institute Inc.
- 10.6.4.1. Company overview
- 10.6.4.2. Financial performance
- 10.6.4.3. Product benchmarking
- 10.6.4.4. Strategic initiatives
- 10.6.5. Anaplan, Inc. Oracle
- 10.6.5.1. Company overview
- 10.6.5.2. Financial performance
- 10.6.5.3. Product benchmarking
- 10.6.5.4. Strategic initiatives
- 10.6.6. Unicorn Systems a.s.
- 10.6.6.1. Company overview
- 10.6.6.2. Financial performance
- 10.6.6.3. Product benchmarking
- 10.6.6.4. Strategic initiatives
- 10.6.7. Epicor Software Corporation
- 10.6.7.1. Company overview
- 10.6.7.2. Financial performance
- 10.6.7.3. Product benchmarking
- 10.6.7.4. Strategic initiatives
- 10.6.8. Workday, Inc.
- 10.6.8.1. Company overview
- 10.6.8.2. Financial performance
- 10.6.8.3. Product benchmarking
- 10.6.8.4. Strategic initiatives
- 10.6.9. OneStream
- 10.6.9.1. Company overview
- 10.6.9.2. Financial performance
- 10.6.9.3. Product benchmarking
- 10.6.9.4. Strategic initiatives
- 10.6.10. Board International
- 10.6.10.1. Company overview
- 10.6.10.2. Financial performance
- 10.6.10.3. Product benchmarking
- 10.6.10.4. Strategic initiatives
- 10.6.11. Wolters Kluwer N.V.
- 10.6.11.1. Company overview
- 10.6.11.2. Financial performance
- 10.6.11.3. Product benchmarking
- 10.6.11.4. Strategic initiatives