Enterprise Architecture Tools Market - Global Industry Analysis

Enterprise Architecture Tools Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-6208 Status : Upcoming

Description

Global Enterprise Architecture Tools Market: Overview

Enterprise Architect (EA) tool is a software application that is used to analyze, visualize, test, model, and maintain all the architectures, processes, software, and systems. This software enables to create visualizations, views, viewpoints, and models of the enterprise architecture for distinct stakeholders of the organizations. The user can also create matrices and reports of the views and models.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Enterprise Architecture Tools Market: Growth Factors

The global enterprise architecture tools market is growing at a speedy rate. Factors that are majorly contributing to the growth of the global market include the rapidly expanding IT sector, rise in adoption of enterprise architecture tools from medium to large enterprises, and growing demand for EA tools from the banking sector. EA offers several benefits to the organization as it offers a complete, top-down view of the system & structure plays an essential role in bridging the gap between the business and IT. Enterprise architecture manages complexity, support the creation of actionable, signature-ready EA deliverables, and increases agility & speeding time to value. For the use of such enterprise architecture, it is recommended to use enterprise architecture tools for management, consistency, distribution of tasks, administration, and costs/benefits ratio. This has led to a rise in the adoption of EA tools which in turn is augmenting the growth of the global enterprise architecture tools market. In addition to this, the rise in the use of cloud-based solutions and the growing need for application management, data management, organizational impact & business processes are also the factors that are fostering the growth of the global market. Moreover, additional factors such as innovative product launches and acquisitions from the major players are also fueling the overall market growth. Furthermore, the addition of big data capabilities to EA tools will lead to advantageous opportunities for the growth of the global enterprise architecture tools market during the forecast period. However, growing concerns related to data security and rapidly growing data thief activities may restrain the growth of the global enterprise architecture tools market.

Demand for enterprise architecture tools is facing severe impact during the COVID-19 pandemic period. The demand is primarily affected due to less spending on IT solutions and software throughout the organizations. Many organizations are struggling to manage their business in the pandemic period and this has led to low demand for enterprise architecture tools. In addition, these tools come with a high price tag which also affected the demand for enterprise architecture tools in the pandemic period. However, the enterprise architecture tools market is expected to get back on its track and register healthy growth over the forecast period.

Global Enterprise Architecture Tools Market: Segmentation

The global enterprise architecture tools market is bifurcated based on component, deployment type, organization size, vertical, and region. Based on components, the global enterprise architecture tools market is categorized into solutions and services. Based on deployment type, the market is split into on-premises and cloud. By organization size, the market is divided into large enterprises and small & medium enterprises. By vertical, the global enterprise architecture tools market is categorized into information technology, telecommunication, manufacturing, healthcare & life sciences, consumer goods and retail, banking, financial services, and others.

Global Enterprise Architecture Tools Market: Regional Analysis

North America is likely to dominate the global enterprise architecture tools market over the forecast period. The growth of the market in this region is mainly attributed to the well-established banking, healthcare telecommunication, and IT sector. Europe is also expected to contribute significant revenue in the global enterprise architecture tools market over the forecast period. Asia Pacific is anticipated to register rapid growth in the global enterprise architecture tools market over the future period. Market growth in the Asia Pacific region can be attributed to the presence of a large number of small & medium enterprises and rising digital transformation. Rapidly expanding end-use sectors in China, India, and Japan are expected to contribute major revenue in the Asia Pacific region over the forecast period.

Global Enterprise Architecture Tools Market: Competitive Players

The global enterprise architecture tools market is highly consolidated. Some of the key market players that offer enterprise architecture tools include Software AG, MEGA International, Avolution, BOC Group, Orbus Software, QualiWare, BiZZdesign, Leanix, ValueBlue, erwin, Sparx Systems, UNICOM Global, Clausmark, Enterprise Architecture Solutions, FIOS Insight, Planview, MonoFor, Aplas, Valispace, NinjaRMM, and BetterCloud.

Global Enterprise Architecture Tools Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

Factors that are majorly contributing to the growth of the global market include the rapidly expanding IT sector, rise in adoption of enterprise architecture tools from medium to large enterprises, and growing demand for EA tools from the banking sector. Furthermore, the addition of big data capabilities to EA tools will lead to advantageous opportunities for the growth of the global enterprise architecture tools market during the forecast period.

The global enterprise architecture tools market is highly consolidated. Some of the key market players that offer enterprise architecture tools include Software AG, MEGA International, Avolution, BOC Group, Orbus Software, QualiWare, BiZZdesign, Leanix, ValueBlue, erwin, Sparx Systems, UNICOM Global, Clausmark, Enterprise Architecture Solutions, FIOS Insight, Planview, MonoFor, Aplas, Valispace, NinjaRMM, and BetterCloud.

North America is likely to dominate the global enterprise architecture tools market over the forecast period. The growth of the market in this region is mainly attributed to the well-established banking, healthcare telecommunication, and IT sector.

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