European ERM Applications Forecast, 2022–2027: Cloud on the Rise

IDC Market Forecast Figure

• Figure: European Enterprise Resource Management (ERM) Applications Software Revenue Snapshot

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 an Industry and Country Focus

Market Forecast

• European ERM Applications Revenues, 2020–2022

• Table: European ERM Applications Revenues, 2020–2022 ($M)

• Figure: European ERM Applications License, Maintenance, and Subscription Revenues, 2020-2022

• Figure: European ERM Applications License, Maintenance, and Subscription Revenue by Functional Market (%), 2022 (1H23 Constant $M)

• European ERM Applications Forecast by Functional Market

• Table: European ERM Applications License, Maintenance, and Subscription Revenues by Market, 2022-2027 (1H23 Constant $M)

• European ERM Applications Market Forecast by Deployment Model

• Table: European ERM Applications License, Maintenance, and Subscription Revenues by Deployment Model, 2022-2027 (1H23 Constant $M)

• Figure: European ERM Applications License, Maintenance, and Subscription Revenues by Deployment Model, 2022 (1H23 Constant $M)

• European ERM Applications Forecast by Region and Country

• Table: European ERM Applications License, Maintenance, and Subscription Revenues Forecast by Country, 2022-2027 (1H23 Constant $M)

• ERM Applications Country-Level Forecasts by Functional Market

• Figure: European ERM Applications License, Maintenance, and Subscriptions Revenues CAGR by country, 2023-2027 (%)

• ALM Applications Forecast by Region and Country

• Table: European ALM Applications Forecast by Country, 2022-2027 (1H23 Constant $M)

• Enterprise Performance Management Applications Forecast by Region and Country

• Table: European Enterprise Performance Management Applications Forecast by Country, 2022-2027 (1H23 Constant $M)

• Financial Applications Forecast by Region and Country

• Table: European Financial Applications Forecast by Country, 2022-2027 (1H23 Constant $M)

• HCM Applications Forecast by Region and Country

• Table: Western Europe HCM Forecast by Country, 2022-2027 (1H23 Constant $M)

• Order Management Applications Forecast by Region and Country

• Table: European Order Management Forecast by Country, 2022-2027 (1H23 Constant $M)

• Payroll Accounting Applications Forecast by Region and Country

• Table: European Payroll Accounting Forecast by Country, 2022-2027 (1H23 Constant $M)

• Procurement Forecast Applications Forecast by Region and Country

• Table: European Procurement Forecast by Country, 2022-2027 (1H23 Constant $M)

• PPM Applications Forecast by Region and Country

• Table: European PPM Forecast by Country, 2022-2027 (1H23 Constant $M)

Market Context

• Drivers and Inhibitors

• Drivers

• Digital Transformation Focused on Efficiency and New Business Models

• Focus on Business Agility

• Generative AI Hype

• Inflation

• Inhibitors

• Economic Uncertainty

• Significant Market Developments

• Difficult Economic Conditions

• The Need for Industry-Focused, Off-the-Shelf Solutions

• Extensive Legislations Related to e-Invoicing

• Sustainability Measurement Becomes Crucial

• Changes from Prior Forecast

• Figure: European ERM Applications Forecast, 2022-2027: Comparison of 1H23 and 2H22 Forecasts (Current $M)

• Figure: European ERM Applications Forecast, 2022-2027: Comparison of 1H23 and 2H22 Forecasts (Growth Rates)

Market Definition

Methodology

• Forecast Information Sources

• Forecasting Process

• Company-Level Data Collection

• Exchange Rates

Related Research