target audience: TECH SUPPLIER Publication date: Jul 2024 - Document type: Market Forecast - Doc Document number: # EUR151648424
European ERM Applications Forecast, 2024–2028
Content
List of Tables
List of Figures
Related Links
Table of Contents
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IDC Market Forecast Figure
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Figure: Worldwide European Enterprise Resource Management (ERM) Applications Software Revenue Snapshot
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Executive Summary
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Advice for Technology Suppliers
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Embed Generative AI (GenAI) Into Your Applications
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Recognize What Triggers Application Modernization Journeys
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Encourage Smart Modernization Efforts
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Help Customers Solve Their Modernization Dilemmas
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Support Customers with Compliance Requirements
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Revise Your Pricing Approaches
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Emphasize Industry Expertise
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Market Forecast
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European ERM Applications Revenues, 2021–2023
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Table: European ERM Applications Revenues, 2021–2023 ($M)
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Figure: European ERM Applications License, Maintenance, and Subscription Revenues, 2021–2023
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Figure: European ERM Applications License, Maintenance, and Subscription Revenue by Functional Market (%), 2023 (1H24 Constant $M)
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European ERM Applications Forecast by Functional Market
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Table: European ERM Applications License, Maintenance, and Subscription Revenues by Market, 2023–2028 (1H24 Constant $M)
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European ERM Applications Market Forecast by Deployment Model
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Table: European ERM Applications License, Maintenance, and Subscription Revenues by Deployment Model, 2023–2028 (1H24 Constant $M)
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Figure: European ERM Applications License, Maintenance, and Subscription Revenues by Deployment Model, 2023 (1H24 Constant $M)
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European ERM Applications Forecast by Region and Country
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Table: European ERM Applications License, Maintenance, and Subscription Revenues Forecast by Country, 2023–2028 (1H24 Constant $M)
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ERM Applications Country-Level Forecasts by Functional Market
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Figure: European ERM Applications License, Maintenance, and Subscriptions Revenues CAGR by country, 2024-2028 (%)
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ALM Applications Forecast by Region and Country
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Table: European ALM Applications Forecast by Country, 2023–2028 (1H24 Constant $M)
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Enterprise Performance Management Applications Forecast by Region and Country
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Table: European Enterprise Performance Management Applications Forecast by Country, 2023–2028 (1H24 Constant $M)
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Financial Applications Forecast by Region and Country
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Table: European Financial Applications Forecast by Country, 2023–2028 (1H24 Constant $M)
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HCM Applications Forecast by Region and Country
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Table: Western Europe HCM Forecast by Country, 2023–2028 (1H24 Constant $M)
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Order Management Applications Forecast by Region and Country
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Table: European Order Management Forecast by Country, 2023–2028 (1H24 Constant $M)
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Payroll Accounting Applications Forecast by Region and Country
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Table: European Payroll Accounting Forecast by Country, 2023–2028 (1H24 Constant $M)
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Procurement Forecast Applications Forecast by Region and Country
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Table: European Procurement Forecast by Country, 2023–2028 (1H24 Constant $M)
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PPM Applications Forecast by Region and Country
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Table: European PPM Forecast by Country, 2023–2028 (1H24 Constant $M)
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Market Context
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Drivers and Inhibitors
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Drivers
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GenAI in the Spotlight
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ERM Application Modernization Speeds Up
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Upcoming Regulations
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Inhibitors
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Economic Uncertainty
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Prolonged Life of Legacy Applications
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Significant Market Developments
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GenAI Implementations
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Accelerated Shift to Cloud
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Preparing for Extensive E-invoicing Legislations
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Preparing for Sustainability Regulations
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Changes from Prior Forecast
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Figure: European ERM Applications Forecast, 2023-2028: Comparison of 1H24 and 1H23 Forecasts (Current $M)
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Figure: European ERM Applications Forecast, 2023-2028: Comparison of 1H24 and H123 Forecasts (Growth Rates)
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Market Definition
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Methodology
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Forecast Information Sources
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Forecasting Process
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Company-Level Data Collection
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Exchange Rates
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Related Research