European ERM Applications Vendor Shares, 2023

This IDC study analyzes and sizes the ERM applications market in Europe from 2021 to 2023 and provides vendor market shares. 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 European ERM market witnessed another year of robust growth in 2023, with SaaS revenues once again being the main driving force. Organizations in Europe are proactively embracing ERM modernization initiatives as they increasingly recognize the need to further optimize processes, enhance agility and efficiency, and comply with regulations. Looking ahead, the ERM landscape will continue to be shaped by innovations in the AI and automation spaces and organizations' need to accelerate growth." Edyta Kosowska, Program Manager, IDC European Enterprise Applications.