The Asia Pacific Enterprise Architecture Tools Market would witness market growth of 5.6% CAGR during the forecast period (2020-2026).
Enterprise Architecture (EA) is a whole package of UML analysis and development tools for SysML, UML, BPMN, and several other technologies. It also covers software development from needs collecting through analysis phases, design models, testing, and maintenance. The EA provides testers, analysts, quality control staff, project managers, and deployment teams, for a small portion of the cost of few competing products to a company’s team. Enterprise Architecture is Windows-based, multi-user, graphical equipment developed to assist a company in becoming strong and sustainable software. This architecture also has adjustable and high-quality documentation output.
The enterprise architecture tools are extensive approach solutions for companies to plan, model, evaluate, design, and install the efficient business & IT architecture for improved results. There are many organizations that use enterprise architecture tools in the application development lifecycle by developing & modeling the business & IT architectures of the systems, further installed for the business process.
These enterprise architecture tools assist the companies to know about the strategic architecture, recognize opportunities, risks & business threats, evaluate the alternatives and plan out to achieve objectives, and also assist to recognize the trend & technology strategies for the growth of the business. Moreover, these tools allow organizations to build information & data architecture, IT asset management, solution architecture, application architecture, and IT portfolio planning. There is increasing adoption of enterprise architecture tools among companies to execute efficient business strategies in various business functions & processes.
The China market dominated the Asia Pacific Small & Medium Enterprises Enterprise Architecture Tools Market by Country 2019, growing at a CAGR of 5.2 % during the forecast period. The Japan market is showcasing a CAGR of 6.7% during (2020 - 2026). Additionally, The India market is poised to grow at a CAGR of 7.8% during (2020 - 2026).
The Telecom & IT market dominated the South Korea Enterprise Architecture Tools Market by End User 2019, thereby, achieving a market value of $7.7 million by 2026. The BFSI market is estimated to grow at a CAGR of 6% during (2020 - 2026). Additionally, The Healthcare market is showcasing highest CAGR of 8% during (2020 - 2026).
Based on Component, the market is segmented into Solution and Services. Solution market is further bifurcated into Infrastructure Architecture, Application Architecture, Data Architecture, Security Architecture and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into Telecom & IT, BFSI, Healthcare, Manufacturing, Consumer Goods & Retail and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dell Technologies, Inc. (Erwin, Inc.), Software AG, Linde PLC (BOC Group), BiZZdesign, Mega International S.A., Orbus Software (SilverTree Equity), Qualiware ApS, LeanIX GmbH, Sparx Systems Pty. Ltd., and Avolution Pty. Ltd.
Scope of the Study
Market Segments covered in the Report:
o Infrastructure Architecture
o Application Architecture
o Data Architecture
o Security Architecture
By Deployment Type
By Enterprise Size
• Large Enterprises
• Small & Medium Enterprises
By End User
• Telecom & IT
• Consumer Goods & Retail
• South Korea
• Rest of Asia Pacific
• Dell Technologies, Inc. (Erwin, Inc.)
• Software AG
• Linde PLC (BOC Group)
• Mega International S.A.
• Orbus Software (SilverTree Equity)
• Qualiware ApS
• LeanIX GmbH
• Sparx Systems Pty. Ltd.
• Avolution Pty. Ltd.
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