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Worldwide Enterprise Performance Management Applications Software Forecast, 2018–2022

Worldwide Enterprise Performance Management Applications Software Forecast, 2018–2022

This IDC study presents the historical view of the worldwide EPM software market for 2013–2017 and the forecast of the market for 2018–2022. The study includes a breakdown of the market by three geographic regions and by public cloud versus on-premises/other software deployment methods. It also includes a discussion of key market drivers and inhibitors as well as guidance to vendors."The EPM software market, which in 2017 reached $3.9 billion worldwide, is expected to grow at a five-year CAGR of 8.9%. There is significant opportunity for growth because of the ubiquity of spreadsheets used in planning as well as aging legacy EPM applications," said Chandana Gopal, research manager, Analytics and Information Management. "Enterprises will have to invest in collaborative, modern EPM to succeed in their digital transformation initiatives."

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Ample Opportunity for Growth Among Enterprises of All Sizes
Digital Transformation Is Impacting Enterprises of All Sizes
Data and Analytics Is a Competitive Differentiator
Inhibitors
The Alternative to EPM Is the Ubiquitous Spreadsheet
Cloud Is Not as Sticky and Has Slower Revenue Recognition
Significant Market Developments
Changes from Prior Forecast
Market Definition
Enterprise Performance Management Applications
Methodology
Historical Market Values and Exchange Rates
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