TECH SUPPLIER Jul 2021 - Market Share - Doc # EUR147155821

European ERM Application Vendor Shares, 2020

By: Edyta KosowskaProgram Manager, Software, IDC Poland, Alexandros StratisResearch Manager

Abstract

This IDC study analyzes and sizes the Europe ERM applications market from 2017 to 2020 and provides the respective market shares of each vendor. It segments the ERM applications market by functional market (eight functional markets), deployment model (public cloud services and on premises), and key countries/regions.

"The ERM applications market in Europe grew modestly at approximately 5% in 2020. However, all signs point to a steady recovery curve after the understandable slowdown during the year. Most businesses in the region still face important challenges relating to digital resiliency, business continuity, and the transition to the new reality of hybrid work models. Furthermore, as ERP modernization becomes an essential strategic priority for European customers that seek to address the above challenges, we expect market growth to accelerate over the next few years" — Research Manager Alexandros Stratis, European Enterprise Applications, IDC Europe.


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