PUBLISHER: IDC | PRODUCT CODE: 1284884
PUBLISHER: IDC | PRODUCT CODE: 1284884
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
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
- Recognize and Respect Different ERM Modernization Journeys
- Facilitate End-to-End Process Continuity and Automation
- Ensure and Enable System Agility
- Support Sustainability Initiatives
- Prioritize Industry and Country Focus
Market Share
Who Shaped the Year
- SAP
- Workday
- Regional Vendors
- Mergers and Acquisitions
Market Context
- Significant Market Developments
- Difficult Economic Conditions
- The Need for Industry-Focused Off-the-Shelf Solutions
- Preparing for Extensive Legislation Related to e-Invoicing
- Sustainability Measurement Becomes Crucial
Methodology
Market Definition
Related Research
