According to a new report, published by KBV research, The Global Enterprise Performance Management Market size is expected to reach $11.30 billion by 2031, rising at a market growth of 8.3% CAGR during the forecast period.
The Cloud segment is registering a CAGR of 8.7% during (2024 - 2031). Cloud-based EPM systems are increasingly popular among small and medium-sized enterprises (SMEs) and large organizations due to their cost-effectiveness, ease of deployment, and accessibility. Accessing real-time performance data from anywhere enables businesses to enhance decision-making and operational agility. Furthermore, advancements in cloud security and increasing integration with emerging technologies, such as artificial intelligence and machine learning, are driving the rapid adoption of cloud EPM solutions, particularly in sectors that require dynamic, data-driven insights.
The Solution segment is leading the Global Enterprise Performance Management Market by Offering in 2023; thereby, achieving a market value of $6.61 billion by 2031. Organizations increasingly adopt comprehensive EPM solutions to consolidate data, forecast trends, and optimize resource allocation. EPM solutions have been further enhanced by technological advancements, including the integration of artificial intelligence (AI), machine learning (ML), and real-time analytics, which have allowed businesses to maintain a competitive edge and obtain actionable insights.
The Sales & Marketing segment would exhibit a CAGR of 8.1% during (2024 - 2031). EPM tools in sales and marketing allow organizations to analyze sales trends, customer acquisition costs, and campaign effectiveness. By leveraging advanced analytics and performance metrics, businesses can identify high-performing markets, optimize marketing spend, and align sales goals with corporate strategies.
The Large Enterprise segment is generating the highest revenue in the Global Enterprise Performance Management Market by Enterprise Size in 2023; thereby, achieving a market value of $7.10 billion by 2031. Large enterprises increasingly adopt EPM solutions to manage complex operations, streamline financial planning, and align business performance with strategic objectives. The availability of significant financial resources allows large enterprises to invest in advanced EPM tools with features such as predictive analytics, scenario planning, and real-time performance monitoring.
The BFSI market is expected to witness a CAGR of 7.6% during (2024 - 2031). The banking, financial services, and insurance industries operate in highly regulated environments, requiring robust EPM systems to ensure accurate financial reporting, audit readiness, and risk mitigation. EPM tools help financial institutions optimize budgeting and forecasting, track profitability, and improve customer-centric strategies. For example, banks use these solutions to monitor loan performance, assess credit risks, and forecast revenue growth while ensuring compliance with evolving regulatory frameworks.
Full Report: https://www.kbvresearch.com/enterprise-performance-management-market/
The North America region dominated the Global Enterprise Performance Management Market by Region in 2023; thereby, achieving a market value of $4.0 billion by 2031. The Europe region is capturing a CAGR of 7.9% during (2024 - 2031). Additionally, The Asia Pacific would witness a CAGR of 8.9% during (2024 - 2031).
By Deployment
By Offering
By Function
By Enterprise Size
By Vertical