Wednesday, May 22, 2024

Corporate Performance Management Market Size | US$ 9.12 Bn. Forecast 2023-2029 | Adaptive Insights

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Corporate Performance Management Market Expected to Reach US$ 9.12 Billion by 2029 at a CAGR of 6.3%

The global Corporate Performance Management (CPM) market is expected to reach US$ 9.12 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2029, according to a new report by Maximize Market Research (MMR).

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Market Overview

The CPM market is experiencing growth due to the increasing need for businesses to improve their performance and make data-driven decisions. CPM solutions help organizations track financial and operational metrics, identify areas for improvement, and set strategic goals.

Market Scope

The MMR report provides a comprehensive analysis of the CPM market, including market trends, growth drivers, challenges, and key players. It also offers insights into the various segments of the market, such as:

  • By Deployment: On-premise, Cloud
  • By Application: Financial and Banking Institutes, Retail, Transportations and Logistics, IT, Telecom, Others

Segmentation Offers Flexibility for Diverse Needs

The CPM market caters to a wide range of industries with its application segmentation. From traditional sectors like finance and banking to emerging areas like IT and telecom, businesses can leverage CPM solutions to optimize performance.

Key Players Shaping the Market

The CPM market is home to a variety of established and emerging players. Some of the key players identified in the MMR report include:

  • Adaptive Insights
  • IBM
  • Anaplan
  • Prophix Software
  • Host Analytics
  • Tagetik Software
  • SAP
  • BOARD International
  • Oracle
  • BlackLine (NASDAQ: BL)
  • Vena Solutions
  • Jedox
  • Pentana Performance (Ideagen)
  • One Stream Software
  • MAGIQ Software
  • Insight software
  • Unit4 Prevero
  • Solver
  • Longview
  • Kepion Solution & ProForecast

Addressing Challenges in a Changing Landscape

The COVID-19 pandemic has impacted various industries, and the CPM market is no exception. The MMR report explores the challenges faced by the market and how businesses are adapting to the evolving landscape.

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