target audience: TECH SUPPLIER Publication date: May 2023 - Document type: Market Share - Doc Document number: # EUR149516923
European ERM Application Vendor Shares, 2022
This IDC study analyzes and sizes the Europe ERM applications market from 2020 to 2022 and provides vendor market shares. It segments the ERM applications market by functional market (eight functional markets), deployment model (PCS and on premises), and key countries/regions.
"The ERM applications market in Europe grew strongly in 2022, driven mainly by the SaaS segment. For the first time, SaaS revenue surpassed on-premises revenue. This shows that European organizations are extending their ERM modernization initiatives and continuing to invest in next-generation cloud-based solutions that will support sustainable business growth and their transformation into agile and resilient enterprises." — Program Manager Edyta Kosowska, IDC European Enterprise Applications