Worldwide Enterprise Performance Management and Analytic Applications Market Shares, 2021: Growth in Cloud Deployment, Advanced Analytics, and Integrated Planning Continues to Fuel Market

This IDC study discusses the market sizing and vendor shares of the enterprise performance management and analytic applications market, including vendor revenue for 2019-2021 and the corresponding shares and growth rates of the largest vendors worldwide. This study also provides similar information about the subsegments of this software market: enterprise performance management as well as business function-specific analytic applications."Vendors in the enterprise performance management and analytic applications market are responding to client requirements by incorporating more AI/ML functionality to enhance automation and advanced analytics capabilities," said Dan Vesset, group VP, Analytics and Information Management practices, IDC. "We are seeing more vendors in this market with new scenario planning and analysis functionality to address the needs of client for greater decisioning agility in the face of global uncertainty," added Ray Huo, senior research analyst, Business Analytics and Decisioning Software, IDC.