Global Strategy Execution Management Solutions Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Strategy Execution Management Solutions Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Strategic Execution Management (SEM) is the combination of business processes and software that addresses “strategic portfolio management” for the enterprise. Organization must be able to define their overall strategic plans and objectives and set strategic goals. It is critical that these goals not simply be high level, and they must also be “time-phased” meaning the goals should specify the time period which they will be measured against. Implementing SEM solution provides senior management of an organization the ability to quickly and accurately view the alignment of an item in the portfolio with the strategic goals. It also helps determine the corrective action scenarios to be considered when investments are not executing according to plan.

Market Overview:

The latest research study on the global Strategy Execution Management Solutions market finds that the global Strategy Execution Management Solutions market reached a value of USD 2078.7 million in 2022. It’s expected that the market will achieve USD 4234.5 million by 2028, exhibiting a CAGR of 12.59% during the forecast period.

Russia-Ukraine War Impacts

Conflict destroys access to basic services such as food and water, forcing people into extreme poverty, with the poorest and most vulnerable paying the highest price. Apart from taking lives and destroying infrastructure in a short period of time, conflicts and their consequences are far-reaching and lasting, reversing the progress in achieving global goals. The current humanitarian crisis in Ukraine may be the current focus, but there are many conflicts happening all over the world, which deserve the same support and sympathy. The Russian-Ukrainian war will affect the cooperation between countries and the operation of local enterprises.

The main advantage of Strategy Execution Management Solution.

The strategic plan involves many activities, ranging from various software solutions to a long list of stakeholders. In order to make every transformation plan orderly and orderly, the strategic execution management software provides much-needed transparency for the performance, completion and results of important tasks. Although the main goal of strategic management is to determine the objectives and move towards the completion of the objectives, the business world is rarely so clean. Therefore, organizations must prepare for new obstacles and difficult situations, and the strategic execution management software makes this possible by enabling the data analysis required for rapid strategic transformation. When data, objectives, performance and expected progress are presented on a platform, it is easier to make wise and wise decisions about transformation management and strategy implementation. Making progress towards specific goals is one thing; Being able to track progress, learn from previous decisions and change policy execution in real time to ensure the best performance is quite another matter. This can be achieved through the measurement and analysis tools provided by the strategic execution management software, and valuable insights can be put within reach. Strategic execution management software can be used in various scenarios, from managing transformation work to defining and refactoring business objectives around new progress.

The competition in the industry of strategic execution management solution is strengthening

For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made. The competition in the industry of strategic execution management solution is strengthening. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (41.71% in 2022).

Company Overview:

WorkBoard Inc. is one of the major players operating in the Strategy Execution Management Solutions market, holding a share of 80.46% in 2023.

WorkBoard Inc.

Today, many of the world’s largest companies rely on WorkBoard for stronger operational resilience and results. With the industry-benchmark platform for alignment and accountability, expert coaching services, and deep enterprise expertise, WorkBoard has become the standard for managing and measuring enterprise results.

Gensight, LLC

GenSight is an established world leader in the provision of enterprise software to support strategy execution.

Segmentation Overview:

By type, Cloud-based segment accounted for the largest share of market in 2022.

On-Premises

On-premises software is installed and runs on computers on the premises of the person or organization using the software, rather than at a remote facility such as a server farm or cloud. The Software consists of database and modules that are combined to particularly serve the unique needs of the large organizations regarding the automation of corporate-wide business system and its functions.

Cloud-Based

Cloud-based software is a more advanced form of web-based applications. Cloud-based software usually has advanced functions, such as access to a wider range of services, software development solutions, storage and on-demand computing cycles. In addition to allowing data to be stored in the cloud, users can also cache data locally.

Application Overview:

The market's largest segment by application is the segment Large Enterprises (1000+Employees), with a market share of 71.06% in 2022.

Key Companies in the global Strategy Execution Management Solutions market covered in Chapter 3:

Shibumi
AchieveIt
WorkBoard Inc.
Cascade Strategy
i-nexus Global
Decision Lens
OnStrategy
KPI Fire
Sopheon
Rhythm Systems
MPOWR Envision
Gensight, LLC
Synergy International Systems
Triskell Software
ClearPoint Strategy

In Chapter 4 and Chapter 14.2, on the basis of types, the Strategy Execution Management Solutions market from 2018 to 2029 is primarily split into:

On-premises
Cloud-based

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Strategy Execution Management Solutions market from 2018 to 2029 covers:

Large Enterprises (1000+Employees)
Medium-Sized Enterprise (500-1000 Employees)
Small Enterprises (1-499 Employees)

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)