Worldwide Enterprise Performance Management Software Forecast Update, 2020–2024

Worldwide Enterprise Performance Management Software Forecast Update, 2020–2024

This IDC study presents the forecast of the market for 2019–2024. 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 COVID-19 pandemic makes it all the more imperative for enterprises to become more data-driven in their strategic and operational planning. While enterprise performance management software revenue was heavily impacted like all other software areas, in the short term, we expect the market to begin to recover, especially the cloud-based deployments, because these technologies allow enterprises to adjust their plans looking past the pandemic," said Chandana Gopal, research director, Business Analytics Solutions

Please Note: Extended description available upon request.

IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Planning Is a Critical Success Factor to Survive Black Swan Events
Digital Transformation Continues to Grow
EPM Adoption Is Broadening Across Other Lines of Business and Users
Cost Concerns May Result in Enterprises Defaulting to Spreadsheets
Pandemic Has Impacted Spending in the Short Term
Significant Market Developments
Changes from Prior Forecast
Market Definition
Historical and Forecast Market Values and Exchange Rates
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