The enterprise architecture management software market has seen considerable growth due to a variety of factors.
• There has been a robust growth in the market size of enterprise architecture management software in recent times. The market is projected to expand from $1.26 $ billion in 2024 to $1.35 $ billion in 2025, showing a compound annual growth rate (CAGR) of 6.9%.
Factors contributing to the growth throughout the historical period include the escalating complexity of IT landscapes, the imperative for enhanced alignment of business and IT, the need to cut down IT costs, the obligation to manage risks and ensure regulatory compliance, the increasing shift towards cloud computing, the call for better communication and collaboration between IT and business, and the requirement for improved portfolio management and decision-making.
The enterprise architecture management software market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are for robust expansion in the enterprise architecture management software market in the forthcoming years, with the market predicted to surge to $1.75 billion by 2029, registering a compound annual growth rate (CAGR) of 6.7%.
Factors contributing to this predicted growth in the forecast period include the escalating focus on digital transformation and business agility, the rising uptake of agile and DevOps methodologies, the development of new technologies like IoT and AI, and the increasing demand for live data and dashboards. The need for enhanced visualization and modelling capabilities, demand for mobile and cloud-based solutions, and the growing implementation of automation in EA processes will also contribute. Key trends to watch out for during this forecast period will include the growing use of cloud-based solutions, AI and machine learning integration, the popularity of low-code development platforms, and technological progressions.
As the embracing of cloud-based solutions soars, it is estimated to boost the proliferation of the enterprise architecture management software sector. Precisely, cloud-based solutions represent computing services conveyed via internet (the cloud), instead of through individual PCs or on-the-spot servers. Things such as cost-effectiveness, scalability, versatility, and distance accessibility, contribute to the mounting preference for these cloud-based solutions. Enterprise architecture management software, when deployed with cloud-based solution, improves the laying out, implementation and management of cloud frameworks, affirming their congruence with the company’s aims. To illustrate, Eurostat, a Luxembourg-based intergovernmental organization, presented that 45.2% of corporations in the European Union secured cloud computing services, majorly for hosting email systems, electronic file storage, and executing various tasks in December 2023. EU companies saw a 4% rise in cloud computing service procurement in 2023 compared to 2021. Remarkably, large-scale businesses saw a significant upturn, with 77.6% reporting the procurement of such services in 2023, reflecting a 6% elevation from 2021. As a result, the mounting preference for cloud-based solutions is accelerating the expansion of the enterprise architecture management software sector.
The enterprise architecture management softwaremarket covered in this report is segmented –
1) By Type: Cloud Based, On Premises
2) By Application: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
3) By Vertical: Banking Financial Services And Insurance (BFSI), Consumer Goods And Retail, Telecommunication, Information Technology (IT), Manufacturing, Healthcare And Lifesciences, Other Verticals
Subsegments:
1) By Cloud Based: Public Cloud Solutions, Private Cloud Solutions, Hybrid Cloud Solutions, SaaS (Software as a Service) Solutions, Multi-Tenant Cloud Solutions
2) By On Premises: Traditional On-Premises Solutions, Virtualized On-Premises Solutions, Customizable On-Premises Solutions, Enterprise-Grade On-Premises Solutions
Leading firms in the enterprise architecture management software market are incorporating artificial intelligence (AI) into their solutions to bolster their advanced analytics offerings. These AI-powered solutions utilize artificial intelligence to optimize and enhance the administration of a corporation's IT architecture, thereby facilitating alignment with business objectives. For instance, Mega International, a software firm based in France, unveiled HOPEX Aquila in October 2023, a revamped AI-integrated enterprise architecture management platform. This platform offers superior features such as automated IT rationalization, recommendations for cloud migration, a streamlined report builder for data-informed decision-making, and a redesigned user interface for enhanced ease of use. Furthermore, the platform also includes HOPEX AI Assistant, an AI-facilitated application portfolio management system offering automatic software discovery, intelligent application recognition, and automated diagram creation abilities.
Major companies operating in the enterprise architecture management software market are:
• International Business Machines Corporation
• Hewlett Packard Enterprise Company
• OpenText Corporation
• Software AG
• TIBCO Software Inc.
• Planview Inc.
• IDERA Inc.
• Amyx Inc.
• MEGA International
• Cameo Global
• Future Tech Systems Inc.
• UMT360 Inc.
• Orbus Software Ltd.
• Bizzdesign BV
• erwin Inc.
• ValueBlue B.V.
• MID GmbH
• Atoll Technologies Plc.
• Avolution Pty Ltd.
• QualiWare ApS
• Sparx Systems Pty Ltd.
• Versio.io Inc.
• Ardoq AS
North America was the largest region in the enterprise architecture management software market in 2024. The regions covered in the enterprise architecture management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.