Definition:
The Enterprise Performance Management Software market covers software solutions that help organizations to manage and improve their performance across various areas, such as finance, operations, and strategy. These solutions typically include features for financial planning and analysis, budgeting, forecasting, and consolidation. These are primarily focused on providing insights and strategic guidance to help organizations make informed decisions and achieve their long-term goals.
Products in the Enterprise Performance Management Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.
Additional Information:
The Enterprise Performance Management Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).
Key players in this market include Oracle. SAP, Anaplan, IBM, and Workday.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
The Enterprise Performance Management Software market in Qatar has been experiencing steady growth in recent years.
Customer preferences: Qatar's business landscape is dominated by small and medium-sized enterprises (SMEs). These companies are increasingly adopting Enterprise Performance Management (EPM) software to help manage their operations and improve their financial performance. Additionally, large enterprises are also investing in EPM software to streamline their financial planning and analysis processes.
Trends in the market: One of the key trends in the EPM software market in Qatar is the increasing adoption of cloud-based solutions. This is due to the many benefits that cloud-based EPM software offers, including scalability, flexibility, and cost-effectiveness. Another trend is the growing demand for EPM software that offers real-time data analysis and reporting capabilities. This is because businesses in Qatar are increasingly looking for ways to improve their decision-making processes and stay ahead of the competition.
Local special circumstances: Qatar's economy is heavily reliant on the oil and gas industry. However, the government is making efforts to diversify the economy and promote the growth of other sectors, such as finance, healthcare, and education. This is creating new opportunities for businesses in these sectors, which in turn is driving the demand for EPM software.
Underlying macroeconomic factors: Qatar's strong economic growth, favorable business environment, and government support for entrepreneurship are all contributing to the growth of the EPM software market in the country. Additionally, the country's young and tech-savvy population is also driving the adoption of EPM software, as businesses seek to attract and retain top talent. Overall, the EPM software market in Qatar is expected to continue growing in the coming years, as businesses increasingly recognize the value of these solutions in driving growth and improving financial performance.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
Data coverage:
The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).Modeling approach / Market size:
The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.Forecasts:
We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Jan 2025
Source: Statista Market Insights
These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.
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