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Global Enterprise Performance Management (EPM) Market (2018-2023) featuring IBM, SAP, Oracle, Workiva, SAS Institute, Capgemini, Deloitte, and many more - ResearchAndMarkets.com

October 11, 2018

DUBLIN--(BUSINESS WIRE)--Oct 11, 2018--The “Enterprise Performance Management Market by Application (Enterprise Planning & Budgeting, Financial Consolidation, Financial Reporting & Compliance), Business Function, Component, Deployment Mode, Vertical, and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The report forecasts the global EPM (enterprise performance management) market size to grow from USD 7.28 billion in 2018 to USD 11.72 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10% during the forecast period.

“The Human Resource (HR) business function segment to grow at the highest CAGR during the forecast period”

It is expected that the Human Resources (HR) business function will grow at the highest CAGR as a result of the HR department needs to maximizing the potential of their workforce while increasing efficiency. EPM solutions offer better insights into human capital performance and streamline HR processes, right from recruitment to retirement.

“The Retail and eCommerce vertical to grow at the highest CAGR during the forecast period”

Retailers face immense pressure to balance their inventory levels, sales performance, vendor management, conversion rates, transactions, and potential stock. They require EPM solutions to extract real-time insights into their sales and operational performance, to allow them to make better decisions.

Market Dynamics

Drivers

Demand for Reducing Operational Costs and Adoption of Cloud-Based Solutions Need to Improve Business Performance and Adoption of Data-Driven Decision-Making Need to Make Business Strategies Transparent to All Employees

Restraints

Lack of Awareness and Knowledge Among Enterprises Competition from Big EPM Software Vendors

Opportunities

Higher Adoption by SMEs Higher Adoption of Third-Party IT Platforms

Challenges

Lack of Skilled Workforce

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Enterprise Performance Management Market, By Application

7 Enterprise Performance Management Market, By Business Function

8 Enterprise Performance Management Market, By Component

9 Enterprise Performance Management Market, By Deployment Mode

10 Enterprise Performance Management Market, By Enterprise Size

11 Enterprise Performance Management Market, By Vertical

12 Enterprise Performance Management Market, By Region

13 Competitive Landscape

14 Company Profiles

IBM SAP Oracle Workiva SAS Institute Capgemini CA Technologies HCL Technologies KPMG Microstrategy The Hackett Group Emtec Adaptive Insights Anaplan Host Analytics Infor Longview CCH Tagetik Prevero Prophix Vena Kaufman Hall Deloitte Board Corporater

For more information about this report visit https://www.researchandmarkets.com/research/wb9bxs/global_enterprise?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181011005395/en/

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Related Topics:Personnel and Human Resources

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES HUMAN RESOURCES

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/11/2018 07:30 AM/DISC: 10/11/2018 07:30 AM

http://www.businesswire.com/news/home/20181011005395/en

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