This IDC study analyzes and sizes the Europe ERM applications market from 2020 to 2022 and provides vendor market shares. It segments the ERM applications market by functional market (eight functional markets), deployment model (PCS and on premises), and key countries/regions."The ERM applications market in Europe grew strongly in 2022, driven mainly by the SaaS segment. For the first time, SaaS revenue surpassed on-premises revenue. This shows that European organizations are extending their ERM modernization initiatives and continuing to invest in next-generation cloud-based solutions that will support sustainable business growth and their transformation into agile and resilient enterprises." — Program Manager Edyta Kosowska, IDC European Enterprise Applications
Please Note: Extended description available upon request.
IDC Market Share Figure
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 Industry and Country Focus
Market Share
Who Shaped the Year
SAP
Workday
Regional Vendors
Mergers and Acquisitions
Market Context
Significant Market Developments
Difficult Economic Conditions
The Need for Industry-Focused Off-the-Shelf Solutions
Preparing for Extensive Legislation Related to e-Invoicing