TECH SUPPLIER Sep 2020 - Market Forecast - Doc # US46883420

Worldwide Enterprise Performance Management Software Forecast Update, 2020–2024

By: Chandana GopalResearch Director, Business Analytics

Abstract

This IDC study presents the forecast of the market for 2019–2024. The study includes a breakdown of the market by three geographic regions and by public cloud versus on-premises/other software deployment methods. It also includes a discussion of key market drivers and inhibitors as well as guidance to vendors.

"The COVID-19 pandemic makes it all the more imperative for enterprises to become more data-driven in their strategic and operational planning. While enterprise performance management software revenue was heavily impacted like all other software areas, in the short term, we expect the market to begin to recover, especially the cloud-based deployments, because these technologies allow enterprises to adjust their plans looking past the pandemic," said Chandana Gopal, research director, Business Analytics Solutions


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