The latest research study “Cloud Enterprise Application Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that offers a comprehensive analysis of the industry, which comprises insights on the global global cloud enterprise application software. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global cloud enterprise application software market size reached US$ 136.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 313.2 Billion by 2028, exhibiting a growth rate (CAGR) of 13.3% during 2023-2028.
What is Cloud Enterprise Application Software Market?
Cloud enterprise application software represents advanced business solutions employed by organizations to perform several operations with improved productivity and efficiency. They consist of customer relationship management (CRM), enterprise resource planning (ERP), content management system (CMS), web conferencing, supply chain management (SCM), business intelligence (BI), business process management (BPM), enterprise asset management (EAM), etc. Cloud enterprise application software services assist with contact center operations management (CCOM), improve customer relations, track inventory, predict future product demand, etc. They even aid in automating business procedures and analyzing reported data and visuals. Consequently, cloud enterprise application software systems find extensive applications across various sectors, including manufacturing, banking, healthcare, retail, government, oil and gas, telecommunication, etc.
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Cloud Enterprise Application Software Market Trends and Drivers:
Cloud enterprise application software represents advanced business solutions employed by organizations to perform several operations with improved productivity and efficiency. They consist of customer relationship management (CRM), enterprise resource planning (ERP), content management system (CMS), web conferencing, supply chain management (SCM), business intelligence (BI), business process management (BPM), enterprise asset management (EAM), etc. Cloud enterprise application software services assist with contact center operations management (CCOM), improve customer relations, track inventory, predict future product demand, etc. They even aid in automating business procedures and analyzing reported data and visuals. Consequently, cloud enterprise application software systems find extensive applications across various sectors, including manufacturing, banking, healthcare, retail, government, oil and gas, telecommunication, etc.
Cloud Enterprise Application Software Market Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Solution:
- Customer Relationship Management (CRM)
- Enterprise Resource Planning (ERP)
- Supply Chain Management (SCM)
- Web Conferencing
- Business Intelligence (BI)
- Business Process Management (BPM)
- Content Management System (CMS)
- Enterprise Asset Management (EAM)
- Others
Breakup by Industry Vertical:
- Manufacturing and Services
- Banking, Financial Services and Insurance (BFSI)
- Healthcare
- Retail
- Government
- Oil and Gas
- Telecom
- Others
By Geography:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Accruent LLC (Fortive Corporation), Epicor Software Corporation, Hewlett Packard Enterprise Development LP, IFS AB, Infor Inc. (Koch Industries Inc.), International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, QAC Inc., Salesforce Inc. and SAP SE.
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