Published Date: 6-Apr-2021
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report Global Enterprise Architecture Tools Market, published by KBV research, The Global Enterprise Architecture Tools Market size is expected to reach $1.3 billion by 2026, rising at a market growth of 5.4% CAGR during the forecast period.
SMEs market segment is projected to witness the prominent growth rate over the forecast period. These SMEs have a less marketing capita; and mostly have fewer resources and offerings for efficient marketing orchestration. The many of these SMEs are more subjected to witness cyberattacks in comparison to large enterprises owing to the absence of security infrastructure.
The BFSI segment will acquire the maximum growth rate over the forecast period. Most of the BFSI companies are tackling the challenges because of the shifting business environment. The introduction of improved technologies plays an important role in the development of the BFSI sector. Several digital technologies helped the customers of banks to get real-time banking and financial data services on their own devices. Determinants like the shifting customer behavior, financial crisis, focus on cost reduction, raised risk awareness, and the entry of new financial companies are responsible for the changing the landscape in the BFSI sector.
The North America market dominated the Global Enterprise Architecture Tools Market by Region 2019. The Europe market is experiencing a CAGR of 5.3% during (2020 - 2026). Additionally, The Asia Pacific market is estimated to grow at a CAGR of 5.6% during (2020 - 2026).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Dell Technologies, Inc. (Erwin, Inc.), Software AG, Linde PLC (BOC Group), BiZZdesign, Mega International S.A., Orbus Software (SilverTree Equity), Qualiware ApS, LeanIX GmbH, Sparx Systems Pty. Ltd., and Avolution Pty. Ltd.
By Deployment Type
By Enterprise Size
By End User
Unique Offerings from KBV Research