United States Enterprise Performance Management (EPM) Software Market was valued at USD 1.91 Billion in 2022 and is projected to reach USD 4.25 Billion by 2030, growing at a CAGR of 10.6% from 2024 to 2030.
The US Enterprise Performance Management (EPM) Software Market has seen remarkable growth in recent years, as industries across various sectors look for ways to streamline operations and enhance decision-making capabilities. EPM software provides businesses with critical tools to manage their financial planning, budgeting, forecasting, and analysis. This software suite is pivotal in helping organizations monitor and drive performance in a more agile and data-driven manner, ensuring alignment with their strategic goals.
One of the main factors driving the demand for EPM software is the increasing complexity of business environments. As companies expand and become more global, the need for efficient financial management, consolidation, and reporting grows. Organizations are increasingly seeking integrated solutions that provide a comprehensive view of their operations, enabling better decision-making at all levels. This trend is particularly evident in industries like manufacturing, retail, and finance, where performance management is key to maintaining a competitive edge.
Industries have specific requirements when it comes to EPM software. For instance, the financial sector demands high levels of security and accuracy in forecasting and reporting, while manufacturing companies need solutions that can integrate real-time data from supply chains to optimize inventory and production processes. Retail businesses, on the other hand, focus on predictive analytics to forecast demand and optimize their operations. The software’s ability to customize reports and dashboards according to industry-specific needs is a huge advantage in attracting these varied sectors.
The market for EPM software is also expanding due to the growing need for cloud-based solutions. Cloud-based EPM software offers scalability, cost-effectiveness, and the flexibility to access data from anywhere. This shift is particularly beneficial for small and medium-sized enterprises (SMEs), which are increasingly adopting these solutions to compete with larger players in the market.
As the US Enterprise Performance Management (EPM) Software Market evolves, its potential is immense, offering companies in every sector the ability to enhance operational efficiency, drive profitability, and stay ahead in a rapidly changing business landscape. With the right tools, organizations can not only survive but thrive in today’s data-driven world.
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Oracle
SAP
IBM
Anaplan
Wolters Kluwer
Host Analytics
Adaptive Insights
Workiva
Infor
Longview Solutions
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Enterprise Performance Management (EPM) Software Market
Cloud-Based Solutions
On-Premise Solutions
Hybrid Solutions
Financial Services
Manufacturing
Healthcare
Retail
Telecommunications
Energy & Utilities
Public Sector
Education
Budgeting
Forecasting
Performance Reporting
Financial Consolidation
Strategic Planning
Analytics and Insights
Small Enterprises
Medium Enterprises
Large Enterprises
Single-Tenant Model
Multi-Tenant Model
Dedicated Model
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Enterprise Performance Management (EPM) Software Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Enterprise Performance Management (EPM) Software Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Enterprise Performance Management (EPM) Software Market, By Type
6. US Enterprise Performance Management (EPM) Software Market, By Application
7. US Enterprise Performance Management (EPM) Software Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Enterprise Performance Management (EPM) Software Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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