Global Enterprise Architecture Tools Market Size By Solution (Application Architecture, Data Architecture), By Deployment (Cloud and On-premise), By Enterprise Size (Small & Medium Enterprises (SMEs) and Large Enterprises), By End-use (BFSI, Consumer Goods & Retail), By Geographic Scope And Forecast
Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Enterprise Architecture Tools Market Size By Solution (Application Architecture, Data Architecture), By Deployment (Cloud and On-premise), By Enterprise Size (Small & Medium Enterprises (SMEs) and Large Enterprises), By End-use (BFSI, Consumer Goods & Retail), By Geographic Scope And Forecast
Enterprise Architecture Tools Market Size And Forecast
Enterprise Architecture Tools Market size was valued at USD 1.03 Billion in 2024 and is projected to reach USD 1.603 Billion by 2031, growing at a CAGR of 5.4% during the forecast period 2024-2031.
The worldwide enterprise architecture tools market is likely to be driven by the growing use of a business-driven enterprise architecture strategy for strategic business transformation. The Global Enterprise Architecture Tools Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Enterprise Architecture Tools Market Definition
Businesses all over the world utilise enterprise architecture technologies to help them make strategic and tactical decisions. To assist in making strategic decisions on business applications, enterprise architecture tools acquire and integrate scope and relevant data across business, information, solution, and technology contexts, as well as other relevant architectural viewpoints. Enterprise architecture tools are all-in-one platforms that help firms plan, model, design, analyse, and implement effective business and IT architecture. Companies utilise them to construct and model system architectures, which are then implemented for business practises, across the application development life cycle.
Enterprise architecture tools help in understanding strategic architecture, identifying opportunities and business risks, analysing options and financial predictions for goals, and identifying patterns and technological solutions for corporate growth. These tools assist companies in keeping track of the connections and dependencies that exist across business processes, data, apps, and other technology. The tools can also be used as a source of data integration and metadata for all of an organizationâs important assets and properties. They also aid in the display of all relationships and associations, helping the company to make better IT and strategic decisions.
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Global Enterprise Architecture Tools Market Overview
The broad picture of an IT strategy is provided by enterprise architecture. It aids in the optimization of long-term decision-making as well as the selection of the optimum deployment choice from a variety of options. A business-driven enterprise architecture approach can assist an organisation address a variety of essential tasks by identifying which one is the best to take. Organizations need new strategies and techniques to stay competitive in a changed commercial and economic climate.
A business-driven enterprise architecture strategy also saves time and allows pipeline projects to be completed faster. Enterprises are focusing on their business needs in order to align those goals with the IT department as a whole and manage the application portfolio efficiently in order to advance the organisation as a whole. As a result, the worldwide enterprise architecture tools market is likely to be driven by the growing use of a business-driven enterprise architecture strategy for strategic business transformation.
Global Enterprise Architecture Tools MarketSegmentation Analysis
The market is segmented on the basis of Solution, Deployment, Enterprise Size, End-use, and Geography.
Enterprise Architecture Tools Market, By Solution
⢠Application Architecture⢠Data Architecture⢠Security Architecture⢠Infrastructure Architecture⢠Others
Global Enterprise Architecture Tools Market is segmented into Application Architecture, Data Architecture, Security Architecture, Infrastructure Architecture, and Others based on Solution. In 2020, the application architecture segment had the biggest market share, with over 30%. The application architecture solution is the most extensively used architecture tool on the market, and it allows companies to evaluate the mapping and aggregation of their software applications as part of their broader corporate architecture.
Enterprise Architecture Tools Market, By Deployment
⢠Cloud⢠On-premise
Global Enterprise Architecture Tools Market is segmented into Cloud and On-premise based on Deployment. In 2020, the on-premise category had the biggest market share, accounting for more than 60% of the total market. In an on-premises delivery strategy, customersâ own servers and computer equipment are used to develop and install software or solutions. As a result, this solution is less expensive for customers than the cloud.
Enterprise Architecture Tools Market, By Enterprise Size
⢠Small & Medium Enterprises (SMEs)⢠Large Enterprises
Global Enterprise Architecture Tools Market is segmented into Small & Medium Enterprises (SMEs) and Large Enterprises based on Enterprise Size. The large enterprise sector held the largest market share. The agility and adaptability of enterprise architecture solutions are fueling their demand among major enterprises, resulting in the continual addition of new functionalities. To generate huge amounts of data, organisations all around the world use a range of software and systems.
Global Enterprise Architecture Tools Market is segmented into BFSI, Consumer Goods & Retail, IT & Telecom, Manufacturing, Healthcare, Others based on End Use. The IT and telecom segment had the biggest market share, with over 30%. The expansion of digital transformation capabilities can be related to the segmentâs rise. Telecommunication firms can use enterprise architecture tools to improve their technologies and strategic planning for product expansion.
Enterprise Architecture Tools Market, By Geography
⢠North America⢠Europe⢠Asia Pacific⢠Rest of the world
On the basis of regional analysis, the market is classified into North America, Europe, Asia Pacific, and Rest of the world. North America dominated the global market with a revenue share of more than 35%. The utilisation of cutting-edge technologies and the deployment of digital business practises can be ascribed to the regional marketâs growth. Many businesses are boosting their cloud service investments, which is projected to drive regional market growth over the next few years.
Key Players
The âGlobal Enterprise Architecture Tools Marketâ study report will provide valuable insight with an emphasis on the global Market. The major players in the market are Software AG, Avolution, BiZZdesign, MEGA International, BOC Group, Orbus Software, QualiWare, LeanIX, erwin, ValueBlue, and Others.â
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Software AG, Avolution, BiZZdesign, MEGA International, BOC Group, Orbus Software, QualiWare, LeanIX, erwin, ValueBlue, and Others.
SEGMENTS COVERED
Solution, Deployment, Enterprise Size, End-use, and Geography.
CUSTOMIZATION SCOPE
Free report customization (equivalent to up to 4 analystsâ working days) with purchase. Addition or alteration to country, regional & segment scope.
Research Methodology of Market Research
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Reasons to Purchase this Report
⢠Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors⢠Provision of market value (USD Billion) data for each segment and sub-segment⢠Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market⢠Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region⢠Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled⢠Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players⢠The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions⢠Includes in-depth analysis of the market from various perspectives through Porterâs five forces analysis⢠Provides insight into the market through Value Chain⢠Market dynamics scenario, along with growth opportunities of the market in the years to come⢠6-month post-sales analyst support
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