Latest News- Corporate Performance Management (CPM) Software Market: On-premises is expected to lead the Deployment segment during 2025-2029

The Corporate Performance Management (CPM) Software Market is being driven by Benefits of CPM software

The Corporate Performance Management (CPM) Software Market is expected to grow at a CAGR of 13% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2307.6 million. In the realm of Corporate Performance Management (CPM), Artificial Intelligence (AI) and Machine Learning (ML) are revolutionizing business operations. These advanced technologies offer significant benefits for organizations, enhancing the planning process and improving forecasting accuracy. By automating scenario simulations and reducing planner workloads, AI and ML enable faster, more effective planning. According to a McKinsey report published in April 2025, an astounding 92% of companies plan to amplify their AI investments. This trend is particularly prevalent in finance and supply chain sectors, where AI and ML are being integrated to streamline planning and bolster forecasting precision. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Deployment
  • On-premises
  • Cloud based
• Business Segment
  • Large enterprises
  • SMEs
• End-user
  • BFSI
  • Retail and e-commerce
  • Manufacturing
  • Healthcare
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • Canada
    • US
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Benefits of CPM software
• Advances in cloud-based corporate performance management
• Proliferation of data-driven decision-making and predictive analytics

However, the market also witnesses some limitations, which are as follows:

• Need for extensive technical training
• Security constraints related to CPM software
• High costs associated with CPM software

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Market Scope in Corporate Performance Management (CPM) Software Market Research Report

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Research Analysis Overview

The Corporate Performance Management (CPM) software market offers solutions for Financial Consolidation and Reporting, Activity-Based Costing (ABC) and Profitability Analysis, Variance and Sensitivity Analysis, Decision Support, What-If Analysis, Data Governance, and Data Quality Management. Additionally, features include Data Warehousing, Data Lake, Data Modeling, Data Visualization Tools, Interactive Dashboards, Drill-Down Functionality, Role-Based Access Control, API Integration, Third-Party Integrations, Cloud Security, Data Encryption, User Authentication, Single Sign-On, Mobile Application Development, User Adoption, Training & Support, Implementation Services, Consulting Services, Industry Best Practices, and Competitive Intelligence.

Market Research Overview

The Corporate Performance Management (CPM) software market is a segment of the vast application software industry, which falls under the IT software market. This sector specializes in providing businesses with solutions for Performance Management, Financial Planning, Strategic Planning, Goal Setting, Performance Measurement, and Data Analytics. Technavio's market analysis encompasses the consolidated revenue of organizations that develop, produce, and provide these CPM software solutions, including cloud-based offerings. The global IT software market, as calculated by Technavio, represents the combined income of all IT software providers, encompassing application, system, and database management software. This market size excludes companies engaged in the interactive home entertainment industry and those producing systems or database management software.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/