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European Financial Applications Market Forecast, 2023-2027

Publisher IDC
Published Sep 26, 2023
Length 12 Pages
SKU # IDC18202298

Description

European Financial Applications Market Forecast, 2023-2027


This IDC Market Forecast provides analysis and sizing of the European financial applications market for 2020–2022 and forecasts for 2022–2027. The European financial applications market increased in 2022 to reach $10.1 billion, with revenue increasing 10.2% above 2021's $9.2 billion. This study analyzes the functional market by deployment model (software as a service and on-premises/other), country, and subregion (Western Europe [WE] and Central & Eastern Europe [CEE])."The European financial applications market is being driven by migration to the public cloud for more efficient and effective financial management across the enterprise. As demands from finance departments move beyond conventional financial accounting, software providers need to be innovative in further enhancing features within applications that offer finance leaders confidence, advice, and greater opportunities to support broader operational activities reliant on the credibility of financial data," Charles Aladesuru, research analyst, IDC European Financial Applications.

Please Note: Extended description available upon request.

Table of Contents

12 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Automation
Carbon Accounting
Inhibitors
Macroeconomic Uncertainty
Significant Market Developments
Changes from Prior Forecast
Market Definition
Financial Applications
Financial and Accounting
Accounts Payable
Accounts Receivable
Treasury and Risk Management
Travel and Expense Management
Corporate Tax Management
Methodology
Related Research

Pricing

Currency Rates
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