Enterprise Architecture Tools Market | Contrive Datum Insights

The global Enterprise Architecture Tools market size was valued at USD 973.6 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2030.

Enterprise Architecture Tools Market Overview

The growing importance of a business-driven enterprise architecture approach for business strategy transformation and the growing need to link enterprise IT environment to business strategy is driving the growth. Business-driven tools that add big data capabilities are saving time and speeding up various pipeline projects. The outbreak of the COVID-19 pandemic has negatively impacted the market. Decreasing IT spending across enterprises and the high cost of enterprise architecture tools are the key factors hindering the growth of the market. Low spending on solutions and services correlates with low IT spending across the organization. However, the enterprise architecture tools market is expected to recover post-pandemic as organizations are expected to focus on enterprise architecture tools solutions to increase the agility of their business operations.

The Enterprise Architecture Tools Market has been recently published by Contrive Datum Insights to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Enterprise Architecture Tools market.


Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Software AG, Avolution, BiZZdesign, MEGA International, BOC Group, Orbus Software, QualiWare, LeanIX, erwin, ValueBlue, Sparx Systems, SPEC Innovations, Benchmark Consulting, Phil Beauvoir, and others.

Industry Development:

• In November 2020, Erwin launched a new version of its enterprise architecture and business process modeling and analysis software called Erwin Evolve.
• In January 2021, BOC released ADOIT 12.0, a major update of BOC's EA suite, which includes all the powerful features in a concise and clear manner. It introduced Lean EA, enhancing the power and flexibility of ADOIT by making each step faster and more responsive than before.

What are the major Applications, Types, and Regions for the Enterprise Architecture Tools Market?

Based on the component:

• Solutions
• Infrastructure Architecture
• Application Architecture
• Data Architecture
• Security Architecture
• Others

Services

• Managed Services
• Professional

Based on the deployment type:

• On-premises
• Cloud

Based on the organization size:

• Large Enterprises
• SMEs

Based on the vertical

• BFSI
• Consumer Goods and Retail
• Telecommunication
• IT
• Manufacturing
• Healthcare and Life Sciences
• Others

Enterprise Architecture Tools Market Regional Insights:

North America dominated the global market with a revenue share of over 36.2% in 2020. The growth of the regional market can be attributed to the use of cutting-edge technologies and the implementation of digital business techniques. Many companies are increasing their investments in cloud services, which is expected to drive regional market growth throughout the forecast period. Additionally, the North American market is growing as organizations are adopting advanced enterprise planning software and solutions for better utilization of assets and better corporate growth plans.
Furthermore, increasing the adoption of advanced enterprise planning software and solutions for better utilization of assets and implementation of superior corporate growth plans is expected to drive the growth of the North American market. However, the region is still in its early stages due to the presence of numerous companies offering enterprise architecture solutions and services. Asia Pacific and Europe are expected to be the fastest-growing markets as major companies increase their investments in enterprise software solutions to gain a larger market share in these countries. In October 2020, LeanIX launched the Business Transformation Management (BTM) module for its LeanIX Enterprise Architecture portfolio.

Geographically, the global Enterprise Architecture Tools market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, Middle East, and India. The Global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Enterprise Architecture Tools Market Report Scope:

Frequently Asked Questions (FAQ) about the Enterprise Architecture Tools market:

What is the CAGR of the global Enterprise Architecture Tools market?

The Enterprise Architecture Tools Market is growing at a CAGR of 4.9% during the forecast period.

Which region would offer high growth for vendors in the Enterprise Architecture Tools market?

North America dominated the global market with a revenue share of over 36.2% in 2020.

Which Is the Most potential market segment?

Based on the component:

• Solutions
• Infrastructure Architecture
• Application Architecture
• Data Architecture
• Security Architecture
• Others

Services

• Managed Services
• Professional

Which are the top industry players in the Enterprise Architecture Tools market?

Software AG, Avolution, BiZZdesign, MEGA International, BOC Group, Orbus Software, QualiWare, LeanIX, Erwin, ValueBlue, Sparx Systems, SPEC Innovations, Benchmark Consulting, Phil Beauvoir