target audience: TECH SUPPLIER Publication date: Jul 2023 - Document type: Market Forecast - Doc Document number: # EUR149516823
European ERM Applications Forecast, 2022–2027: Cloud on the Rise
Content
List of Tables
List of Figures
Related Links
Table of Contents
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IDC Market Forecast Figure
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Figure: European Enterprise Resource Management (ERM) Applications Software Revenue Snapshot
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Executive Summary
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Advice for Technology Suppliers
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Recognize and Respect Different ERM Modernization Journeys
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Facilitate End-to-End Process Continuity and Automation
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Ensure and Enable System Agility
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Support Sustainability Initiatives
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Prioritize an Industry and Country Focus
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Market Forecast
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European ERM Applications Revenues, 2020–2022
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Table: European ERM Applications Revenues, 2020–2022 ($M)
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Figure: European ERM Applications License, Maintenance, and Subscription Revenues, 2020-2022
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Figure: European ERM Applications License, Maintenance, and Subscription Revenue by Functional Market (%), 2022 (1H23 Constant $M)
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European ERM Applications Forecast by Functional Market
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Table: European ERM Applications License, Maintenance, and Subscription Revenues by Market, 2022-2027 (1H23 Constant $M)
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European ERM Applications Market Forecast by Deployment Model
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Table: European ERM Applications License, Maintenance, and Subscription Revenues by Deployment Model, 2022-2027 (1H23 Constant $M)
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Figure: European ERM Applications License, Maintenance, and Subscription Revenues by Deployment Model, 2022 (1H23 Constant $M)
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European ERM Applications Forecast by Region and Country
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Table: European ERM Applications License, Maintenance, and Subscription Revenues Forecast by Country, 2022-2027 (1H23 Constant $M)
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ERM Applications Country-Level Forecasts by Functional Market
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Figure: European ERM Applications License, Maintenance, and Subscriptions Revenues CAGR by country, 2023-2027 (%)
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ALM Applications Forecast by Region and Country
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Table: European ALM Applications Forecast by Country, 2022-2027 (1H23 Constant $M)
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Enterprise Performance Management Applications Forecast by Region and Country
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Table: European Enterprise Performance Management Applications Forecast by Country, 2022-2027 (1H23 Constant $M)
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Financial Applications Forecast by Region and Country
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Table: European Financial Applications Forecast by Country, 2022-2027 (1H23 Constant $M)
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HCM Applications Forecast by Region and Country
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Table: Western Europe HCM Forecast by Country, 2022-2027 (1H23 Constant $M)
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Order Management Applications Forecast by Region and Country
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Table: European Order Management Forecast by Country, 2022-2027 (1H23 Constant $M)
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Payroll Accounting Applications Forecast by Region and Country
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Table: European Payroll Accounting Forecast by Country, 2022-2027 (1H23 Constant $M)
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Procurement Forecast Applications Forecast by Region and Country
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Table: European Procurement Forecast by Country, 2022-2027 (1H23 Constant $M)
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PPM Applications Forecast by Region and Country
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Table: European PPM Forecast by Country, 2022-2027 (1H23 Constant $M)
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Market Context
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Drivers and Inhibitors
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Drivers
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Digital Transformation Focused on Efficiency and New Business Models
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Focus on Business Agility
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Generative AI Hype
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Inflation
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Inhibitors
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Economic Uncertainty
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Significant Market Developments
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Difficult Economic Conditions
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The Need for Industry-Focused, Off-the-Shelf Solutions
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Extensive Legislations Related to e-Invoicing
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Sustainability Measurement Becomes Crucial
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Changes from Prior Forecast
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Figure: European ERM Applications Forecast, 2022-2027: Comparison of 1H23 and 2H22 Forecasts (Current $M)
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Figure: European ERM Applications Forecast, 2022-2027: Comparison of 1H23 and 2H22 Forecasts (Growth Rates)
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Market Definition
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Methodology
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Forecast Information Sources
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Forecasting Process
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Company-Level Data Collection
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Exchange Rates
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Related Research