Category

Cloud Applications Market Share, Opportunities, And Trends By Type (CRM, ERP, HCM, Content, Collaboration, SCM, Vertical, Others), By Business Size (Small And Medium Business, Large Business), By Industry Vertical (BFSI, Communication And Technology, Media And Entertainment, Retail, Government, Education, Healthcare, Oil And Gas, Manufacturing, Others), And Geography - Forecasts From 2019 To 2024.

114 pages
Published on : May 2019
Report Code : KSI061610308

Description

The global cloud application market was valued at US$52.605 billion in 2017 and is projected to expand at a CAGR of 14.04% over the forecast period to reach US$115.71 billion by 2023. Cloud applications are applicant programs offered as a Software-as-a-Service (SaaS) to the users by the cloud service providers. These applications can be used as paid-subscription contracts by organizations, eliminating the need to download, upgrade or maintain any servers. Major factors driving the growth of the market are increasing adoption of cloud solutions and services, growing need for big data analysis and rising demand for mobility. Increasing size of enterprise data on the cloud is leading to a higher demand for cloud-based data management services. The benefits of adopting Cloud Applications include standardized business process and optimized capital expenditures and maintenance costs. However, data security and migration are some of the factors limiting the growth of this market.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the cloud applications value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global cloud applications market.

Major industry players profiled as part of the report are Cisco, Microsoft Corporation, IBM, and Adobe among others. 

Segmentation

The global cloud applications market has been analyzed through following segments:

By Type

CRM

ERP

HCM

Content

Collaboration

SCM

Vertical

Others

 

By Business Size

Small and Medium Business

Large Business

 

By Industry Vertical

BFSI

Communication and Technology

Media and Entertainment

Retail

Government

Education

Healthcare

Oil and Gas

Manufacturing

Others

 

By Geography

North America

United States

Canada

Mexico

Others

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

Italy

United Kingdom

Others

 

Middle East and Africa

Israel

Saudi Arabia

South Africa

Others

 

Asia Pacific

Japan

China

India

Australia

Others

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