Enterprise Performance Management Market is Booming Worldwide Growth Prospects, Incredible Demand & Business Strategies

Asia-Pacific is expected to grow at a highest CAGR, owing to rise in need to increase focus on core business and improve performance of an organization.

WILMINGTON, DE, UNITED STATES, November 13, 2023 /EINPresswire.com/ — According to a recent report published by Allied Market Research, titled, Enterprise Performance Management Market by Component, Deployment, Function, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2016-2025,

The global enterprise performance management market was valued at $4,738 million in 2016, and is projected to reach at $12,562 million by 2025, growing at a CAGR of 11.70% from 2018 to 2025.

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Rise in need for making business strategy transparent to all employees, increased focus on core business & improved scalability, and need to improve business performance drive the growth of the global enterprise performance management market.

In addition, surge in adoption of cloud-based EPM and rise in demand for mobility are expected to provide numerous opportunities for the growth of the market. However, implementations risks and shifting of workload from on premise to cloud hamper the market growth.

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Competitive Analysis:
The competitive environment of Enterprise Performance Management Industry is further examined in the report. It includes details about the key players in the market’s strengths, product portfolio, Enterprise Performance Management Market share and size analysis, operational results, and market positioning. It comprises the actions taken by the players to grow and expand their presence through agreements and entering new business sectors. Mergers and acquisitions, joint ventures, and product launches are some of the other techniques used by players.

Key Players:
Adaptive Insights Inc.
Anaplan, Inc.
BOARD International S.A.
Host Analytics Inc.
IBM Corporation
Infor Inc.
Oracle
SAP SE
CCH Tagetik (Wolters Kluwer NV)
Workiva and Many More

Region-wise, The global enterprise performance management market was led by the North America in 2016, and is projected to maintain its dominance during the forecast period. However, the Asia-Pacific is anticipated to witness the fastest growth, registering a CAGR of 15.70% during the forecast period.

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Based on industry vertical, the BFSI segment led the enterprise performance management market in 2016, and is projected to maintain its dominance in the future.

However, the energy & utilities segment is expected to witness the highest growth, owing to its increased need of transparency of strategies among all the employees for improving the productivity.

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Allied Market Research
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