Key regions: China, Germany, United States, United Kingdom, Canada
The Enterprise Performance Management Software market in Poland has been experiencing steady growth in recent years.
Customer preferences: Polish businesses are increasingly seeking out Enterprise Performance Management Software solutions that can help them improve their financial planning, budgeting, and forecasting capabilities. They are also looking for software that can help them monitor their financial performance in real-time and provide them with actionable insights that can help them make better decisions.
Trends in the market: One of the key trends in the Enterprise Performance Management Software market in Poland is the increasing adoption of cloud-based solutions. Cloud-based solutions offer several advantages over traditional on-premise solutions, including lower upfront costs, greater scalability, and easier access to data. Another trend in the market is the increasing use of data analytics and artificial intelligence (AI) to help businesses gain deeper insights into their financial performance and make more informed decisions.
Local special circumstances: Poland has a large and growing startup ecosystem, which has been driving demand for Enterprise Performance Management Software solutions. Startups in Poland are increasingly looking for software solutions that can help them manage their finances more efficiently and effectively. Additionally, the Polish government has been implementing a number of initiatives to support the growth of small and medium-sized enterprises (SMEs), which has also been driving demand for Enterprise Performance Management Software solutions.
Underlying macroeconomic factors: Poland has one of the fastest-growing economies in Europe, which has been driving demand for Enterprise Performance Management Software solutions. The country has a large and growing middle class, which has been driving demand for consumer goods and services. Additionally, Poland has a highly educated workforce and a strong tradition of entrepreneurship, which has been driving innovation and growth in the Enterprise Performance Management Software market. Finally, the country's strategic location and favorable business environment have made it an attractive destination for foreign investors, which has also been driving growth in the market.
Data coverage:
The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).Modeling approach / Market size:
The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.Forecasts:
We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.
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