Global Enterprise Performance Management Market Set For Rapid Growth, To Reach Around USD 11.96 billion By 2032

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 2024-2032”. According to the report, the global enterprise performance management market was valued at approximately USD 6.45 billion in 2023 and is predicted to grow to around USD 11.96 billion by 2032 with a CAGR of roughly 7.10% between 2024 and 2032.

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.

Browse the full "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 2024-2032" Report At https://www.zionmarketresearch.com/report/enterprise-performance-management-market

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.

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.

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

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