Zion Market Research

Enterprise Performance Management Market Set for Rapid Growth, to Reach Around $12.67 Bn by 2024

Global enterprise performance management market expected to reach approximately USD 12.67 billion by 2024, at a CAGR of around 10.82% between 2018 and 2024. The growing need for frequent financial planning has encouraged enterprises to adopt enterprise performance management solutions.

 

Sarasota, FL -- (SBWIRE) -- 12/20/2018 -- Zion Market Research has published a new report titled "Enterprise Performance Management Market By Component (Software and Services), By Function (Sales & Marketing, Operation, Finance, Supply Chain, Human Resource, and Others), and By End-User (BFSI, Retail & E-commerce, Telecom, Manufacturing, Transportation & Logistics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024". According to the report, the global enterprise performance management market was valued at approximately USD 6.17 billion in 2017 and is expected to reach approximately USD 12.67 billion by 2024, at a CAGR of around 10.82% between 2018 and 2024.

Request Free Sample Report @ https://www.zionmarketresearch.com/sample/enterprise-performance-management-market

Enterprise performance management is a part of the business planning process that is associated with business intelligence and includes managing and evaluating an enterprise's performance to enhance efficiency, reach performance goals, and maximize business processes. Enterprise performance management involves reviewing performance metrics related to cost and value by evaluating overhead costs and determining whether these costs are in line with the performance objectives.

The growing need for frequent financial planning has encouraged enterprises to adopt enterprise performance management solutions. Enterprise performance management solution analyzes both the historic and current marketing programs and campaigns performance with daily, weekly, or monthly snapshots. It ensures maximum return on investments (ROI) of marketing spends and strategic alignment of sales target with campaigns and programs. Furthermore, the increasing need for real-time business performance analysis is anticipated to boost enterprise performance management solutions globally. EPM offers a customizable business intelligence solution that business analysts can use from varied locations. With the effective utilization of EPM solutions, organizations can take prompt decisions with accurate and faster views of KPIs through mobile and web browsers. Moreover, the growing adoption of cloud-based EPM solutions and demand for reducing operational costs are other major factors contributing to the adoption of enterprise performance management solutions globally. Additionally, the rising popularity of EPM solutions among the SMEs is projected to further fuel the enterprise performance management market in the upcoming years. However, the lack of awareness about EPM solutions among organizations might hinder the enterprise performance management market in the future.

Inquiry more about this report @ https://www.zionmarketresearch.com/inquiry/enterprise-performance-management-market

The market for enterprise performance management is segmented based on component, function, and end-user. By component, the global enterprise performance management market is bifurcated into software and services. By function, the market is divided into sales and marketing, operation, finance, supply chain, human resource, and others. By end-user, this market includes BFSI, retail and e-commerce, telecom, manufacturing, transportation and logistics, and others.

By geography, the global enterprise performance management market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific is projected to register the highest growth rate in the global enterprise performance management market, mainly due to higher adoption of cloud technologies in the banking sector. Moreover, the financial services institutions in the region are increasingly implementing cloud computing, both public and hybrid, in their business processes. Furthermore, the booming retail e-commerce industry in the Asia Pacific has encouraged several enterprises to adopt effective solutions to improve their business performances, which is expected to fuel the enterprise performance management market in the region.

The key players profiled in the global enterprise performance management market are IBM, SAP, Oracle, Workiva, SAS Institute, Capgemini, CA Technologies, HCL Technologies, KPMG, MicroStrategy, The Hackett Group, and Emtec, among others.

Browse the full "Enterprise Performance Management Market" Report At https://www.zionmarketresearch.com/report/enterprise-performance-management-market

This report segments the global enterprise performance management market as follows:

Global Enterprise Performance Management Market: Component Segment Analysis

Software
Services

Global Enterprise Performance Management Market: Function Segment Analysis

Sales & Marketing
Operation
Finance
Supply Chain
Human Resource
Others

Global Enterprise Performance Management Market: End-User Segment Analysis

BFSI
Retail & E-commerce
Telecom
Manufacturing
Transportation & Logistics
Others

Global Enterprise Performance Management Market: Regional Segment Analysis

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa