Entity Management Software Market SWOT Analysis by 2031
The entity management software market is expected to register a CAGR of 13.6% during 2023–2031. Cloud-based solutions and integration with other corporate systems are likely to remain key trends in the market.
Entity Management Software Market Analysis
- Entity management software is forecast to have a bright adoption future. Big corporations and multinationals are the ones that adopt entity management software much more than small and medium enterprises.
- The adoption is notable due to electronic integration, digital transformation needs, and complexities of regulations, especially in highly regulated industries around the world (e.g., finance and healthcare).
- The preference is cloud-based solutions, and the adoption rate is much higher in the developed world compared to emerging countries. Key factors to impact the adoption in enterprise environments include security and integration into existing systems. However, the main considerations are complying with regulations and, from time to time, policy and audit requirements. The market is expecting to expand as more and more businesses are looking for a more efficient way to maintain corporate entities and ensure compliance.
Entity Management Software Market Overview
- The entity management software market has been showing steady growth over the years, as the increased regulatory requirements and corporate complexity lead companies to seek more efficient and accurate corporate governance solutions.
- The prominent players include Diligent, Wolters Kluwer, and Computershare. Market participants are shifting towards cloud-based solutions and integrating AI capabilities within products to gain an edge over their rivals.
- North America dominates the market, and Asia-Pacific is exhibiting the highest growth rate. Financial services, healthcare, and technology industries show strong demand for the software and lead market consumption. The entity management market is very competitive, as vendors rely on customized user experience, advanced analytics, compliance, and dispute resolution offerings to attract clients and differentiate their products from rivals.
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Entity Management Software Market: Strategic Insights
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Entity Management Software Market: Strategic Insights
Naveen
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Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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Entity Management Software Market Drivers and Opportunities
Increasing Regulatory Compliance Requirements to Favor the Market
- Growing regulatory compliance requirements, in particular, are feeding this trend, creating a ‘compliance landscape’ with heightened expectations for public companies, large multinationals, regulated entities, and other stakeholders.
- This is expanding the market for entity management software. Governments around the world are developing new rules and expectations, ranging from new privacy rules like GDPR and CCPA to more specific ones for particular industries (different Securities and Exchange Commission filing and reporting rules apply to public companies, while other requirements are tailored for financial firms, hospitals, schools and more).
Integration with Blockchain Technology
- Integration with blockchain technology is creating new opportunities in the entity management software market by providing enhanced security, transparency, and immutability of corporate data.
- Blockchain is capable of providing a tamper-free record of all changes to entity information, ownership structures, and transactions, creating an auditable trail that increases trust and discourages fraud.
- Blockchain data can be used to automate complex processes such as shareholder voting and cap table management. In addition, it can enable faster regulatory reporting. Further, smart contracts can be used to automate compliance processes and handle transactions between entities.
- Blockchain can also be used to handle the challenge of sharing sensitive data securely among multiple stakeholders, including regulators, auditors, and commercial partners. As more businesses and regulators start to see opportunities with this technology, software vendors that can provide this capability will position themselves as innovative software vendors and gain access to an increasing number of security-conscious and innovation-oriented clients.
Entity Management Software Market Report Segmentation Analysis
Key segments that contributed to the derivation of the entity management software market analysis are deployment type and organization size.
- Based on deployment type, the entity management software market is divided into on-premise and cloud.
- Based on the organization size, the entity management software market is divided into SMEs and large enterprises.
Entity Management Software Market Share Analysis by Geography
- Entity Management Software Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering Entity Management Software market dynamics, such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the Entity Management Software market in these regions.
Entity Management Software Market Report Scope
Entity Management Software Market News and Recent Developments
The entity management software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the entity management software market are listed below:
- Aprio, LLP, a Top 30 business advisory and accounting firm, is proud to unveil its new strategic collaboration with Harbor Compliance, a leading provider of compliance solutions for multistate organizations. This collaboration connects Aprio’s clients with Harbor Compliance’s innovative solution for State Compliance and Entity Management to ease the burden of regulatory requirements for multistate organizations. (Source: Aprio, LLP, Press Release, February 2024)
Entity Management Software Market Report Coverage and Deliverables
The “Entity Management Software Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Entity management software market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Entity management software market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Entity management software market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the entity management software market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global entity management software market is expected to grow at a CAGR of 13.6% during the forecast period 2023 - 2031.
Increasing regulatory compliance requirements and the growing complexity of corporate structures are expected to drive the entity management software market.
Cloud-based solutions and integration with other corporate systems are likely to remain key trends in the market.
The leading players operating in the entity management software market are Askival Systems B.V., Berkman Solutions, Blika Solutions AB, Corporatek Inc., Diligent Corporation, Harbor Compliance, Legalinc.com, Inc., Paper Interactive, Inc., and Symfact.
The report can be delivered in PDF/PPT format; we can also share an Excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Entity Management Software Market - By Deployment Type
1.3.2 Entity Management Software Market - By Organization Size
1.3.3 Entity Management Software Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ENTITY MANAGEMENT SOFTWARE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ENTITY MANAGEMENT SOFTWARE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ENTITY MANAGEMENT SOFTWARE MARKET - GLOBAL MARKET ANALYSIS
6.1. ENTITY MANAGEMENT SOFTWARE - GLOBAL MARKET OVERVIEW
6.2. ENTITY MANAGEMENT SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ENTITY MANAGEMENT SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT TYPE
7.1. OVERVIEW
7.2. DEPLOYMENT TYPE MARKET FORECASTS AND ANALYSIS
7.3. ON-PREMISE
7.3.1. Overview
7.3.2. On-premise Market Forecast and Analysis
7.4. CLOUD
7.4.1. Overview
7.4.2. Cloud Market Forecast and Analysis
8. ENTITY MANAGEMENT SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIZATION SIZE
8.1. OVERVIEW
8.2. ORGANIZATION SIZE MARKET FORECASTS AND ANALYSIS
8.3. SMES
8.3.1. Overview
8.3.2. SMEs Market Forecast and Analysis
8.4. LARGE ENTERPRISES
8.4.1. Overview
8.4.2. Large Enterprises Market Forecast and Analysis
9. ENTITY MANAGEMENT SOFTWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Entity Management Software Market Overview
9.1.2 North America Entity Management Software Market Forecasts and Analysis
9.1.3 North America Entity Management Software Market Forecasts and Analysis - By Deployment Type
9.1.4 North America Entity Management Software Market Forecasts and Analysis - By Organization Size
9.1.5 North America Entity Management Software Market Forecasts and Analysis - By Countries
9.1.5.1 United States Entity Management Software Market
9.1.5.1.1 United States Entity Management Software Market by Deployment Type
9.1.5.1.2 United States Entity Management Software Market by Organization Size
9.1.5.2 Canada Entity Management Software Market
9.1.5.2.1 Canada Entity Management Software Market by Deployment Type
9.1.5.2.2 Canada Entity Management Software Market by Organization Size
9.1.5.3 Mexico Entity Management Software Market
9.1.5.3.1 Mexico Entity Management Software Market by Deployment Type
9.1.5.3.2 Mexico Entity Management Software Market by Organization Size
9.2. EUROPE
9.2.1 Europe Entity Management Software Market Overview
9.2.2 Europe Entity Management Software Market Forecasts and Analysis
9.2.3 Europe Entity Management Software Market Forecasts and Analysis - By Deployment Type
9.2.4 Europe Entity Management Software Market Forecasts and Analysis - By Organization Size
9.2.5 Europe Entity Management Software Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Entity Management Software Market
9.2.5.1.1 Germany Entity Management Software Market by Deployment Type
9.2.5.1.2 Germany Entity Management Software Market by Organization Size
9.2.5.2 France Entity Management Software Market
9.2.5.2.1 France Entity Management Software Market by Deployment Type
9.2.5.2.2 France Entity Management Software Market by Organization Size
9.2.5.3 Italy Entity Management Software Market
9.2.5.3.1 Italy Entity Management Software Market by Deployment Type
9.2.5.3.2 Italy Entity Management Software Market by Organization Size
9.2.5.4 United Kingdom Entity Management Software Market
9.2.5.4.1 United Kingdom Entity Management Software Market by Deployment Type
9.2.5.4.2 United Kingdom Entity Management Software Market by Organization Size
9.2.5.5 Russia Entity Management Software Market
9.2.5.5.1 Russia Entity Management Software Market by Deployment Type
9.2.5.5.2 Russia Entity Management Software Market by Organization Size
9.2.5.6 Rest of Europe Entity Management Software Market
9.2.5.6.1 Rest of Europe Entity Management Software Market by Deployment Type
9.2.5.6.2 Rest of Europe Entity Management Software Market by Organization Size
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Entity Management Software Market Overview
9.3.2 Asia-Pacific Entity Management Software Market Forecasts and Analysis
9.3.3 Asia-Pacific Entity Management Software Market Forecasts and Analysis - By Deployment Type
9.3.4 Asia-Pacific Entity Management Software Market Forecasts and Analysis - By Organization Size
9.3.5 Asia-Pacific Entity Management Software Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Entity Management Software Market
9.3.5.1.1 Australia Entity Management Software Market by Deployment Type
9.3.5.1.2 Australia Entity Management Software Market by Organization Size
9.3.5.2 China Entity Management Software Market
9.3.5.2.1 China Entity Management Software Market by Deployment Type
9.3.5.2.2 China Entity Management Software Market by Organization Size
9.3.5.3 India Entity Management Software Market
9.3.5.3.1 India Entity Management Software Market by Deployment Type
9.3.5.3.2 India Entity Management Software Market by Organization Size
9.3.5.4 Japan Entity Management Software Market
9.3.5.4.1 Japan Entity Management Software Market by Deployment Type
9.3.5.4.2 Japan Entity Management Software Market by Organization Size
9.3.5.5 South Korea Entity Management Software Market
9.3.5.5.1 South Korea Entity Management Software Market by Deployment Type
9.3.5.5.2 South Korea Entity Management Software Market by Organization Size
9.3.5.6 Rest of Asia-Pacific Entity Management Software Market
9.3.5.6.1 Rest of Asia-Pacific Entity Management Software Market by Deployment Type
9.3.5.6.2 Rest of Asia-Pacific Entity Management Software Market by Organization Size
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Entity Management Software Market Overview
9.4.2 Middle East and Africa Entity Management Software Market Forecasts and Analysis
9.4.3 Middle East and Africa Entity Management Software Market Forecasts and Analysis - By Deployment Type
9.4.4 Middle East and Africa Entity Management Software Market Forecasts and Analysis - By Organization Size
9.4.5 Middle East and Africa Entity Management Software Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Entity Management Software Market
9.4.5.1.1 South Africa Entity Management Software Market by Deployment Type
9.4.5.1.2 South Africa Entity Management Software Market by Organization Size
9.4.5.2 Saudi Arabia Entity Management Software Market
9.4.5.2.1 Saudi Arabia Entity Management Software Market by Deployment Type
9.4.5.2.2 Saudi Arabia Entity Management Software Market by Organization Size
9.4.5.3 U.A.E Entity Management Software Market
9.4.5.3.1 U.A.E Entity Management Software Market by Deployment Type
9.4.5.3.2 U.A.E Entity Management Software Market by Organization Size
9.4.5.4 Rest of Middle East and Africa Entity Management Software Market
9.4.5.4.1 Rest of Middle East and Africa Entity Management Software Market by Deployment Type
9.4.5.4.2 Rest of Middle East and Africa Entity Management Software Market by Organization Size
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Entity Management Software Market Overview
9.5.2 South and Central America Entity Management Software Market Forecasts and Analysis
9.5.3 South and Central America Entity Management Software Market Forecasts and Analysis - By Deployment Type
9.5.4 South and Central America Entity Management Software Market Forecasts and Analysis - By Organization Size
9.5.5 South and Central America Entity Management Software Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Entity Management Software Market
9.5.5.1.1 Brazil Entity Management Software Market by Deployment Type
9.5.5.1.2 Brazil Entity Management Software Market by Organization Size
9.5.5.2 Argentina Entity Management Software Market
9.5.5.2.1 Argentina Entity Management Software Market by Deployment Type
9.5.5.2.2 Argentina Entity Management Software Market by Organization Size
9.5.5.3 Rest of South and Central America Entity Management Software Market
9.5.5.3.1 Rest of South and Central America Entity Management Software Market by Deployment Type
9.5.5.3.2 Rest of South and Central America Entity Management Software Market by Organization Size
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ENTITY MANAGEMENT SOFTWARE MARKET, KEY COMPANY PROFILES
11.1. ASKIVAL SYSTEMS B.V.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BERKMAN SOLUTIONS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BLIKA SOLUTIONS AB
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CORPORATEK INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DILIGENT CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HARBOR COMPLIANCE
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LEGALINC.COM, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. PAPER INTERACTIVE, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SYMFACT
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TRUSTQUAY LIMITED (MICROGEN 5SERIES)
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. Askival Systems B.V.
2. Berkman Solutions
3. Blika Solutions AB
4. Corporatek Inc.
5. Diligent Corporation
6. Harbor Compliance
7. Legalinc.com, Inc.
8. Paper Interactive, Inc.
9. Symfact
10. TrustQuay Limited (Microgen 5Series)
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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