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Cloud applications market will grow $66.44 billion by 2019 according to new research report

Industrial Market Research

Oil and gas cloud applications market categorizes the global market by type as CRM, ECM and collaboration, ERP, GRC, data analytics, HCM, PPM, SCM, by major sector as upstream, midstream, downstream, by deployment model, by business function and by region.

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The report "Cloud Applications Market  by Type (Analytics, CRM, Finance and Accounting, Content management, Collaboration, eCommerce, HCM, ERP, PPM, Procurement and Distribution, Legal and Risk Management, Other Applications) – Global Forecast to 2019", defines and segments the cloud applications market into various segments. This report also provides an in-depth analysis and forecasting of global market size.

The global cloud applications market is expected to grow from $30.43 billion in 2014 to $66.44 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 16.9% from 2014 to 2019.

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This report identifies the key driving factors, restraints, challenges, and opportunities which are impacting this market and shaping the future roadmap.

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The report also focuses on key adoption trends, future opportunities, and business cases in this market. MarketsandMarkets expects that increased adoption of cloud based solutions across various industry verticals will drive this market towards high growth rate.

The cloud applications  market is broadly segmented by types: Analytics, Customer Relationship Management (CRM), Finance and Accounting, Content management, Collaboration, ecommerce, Human capital management (HCM), Enterprise Resource Planning (ERP), Project and portfolio management (PPM), Procurement and distribution, Legal and risk management, Other industry specific application;  By vertical: Banking, Financial Services, and Insurance (BFSI), education, retail, telecommunication & IT, healthcare & life sciences, government, discrete manufacturing, oil & gas, media & entertainment, and others; By regions: North America (NA), Asia-Pacific (APAC), Europe, Latin America (LA), Middle East and Africa (MEA).

Various assumptions have been taken into consideration for market sizing and forecasting exercise of this market. Some of the key assumptions include political, economic, social, technological and economic factors.

For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging APAC regions.

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The cloud Applications research report will help the market leaders/new entrants/vendors in this market in the following ways:

  • This report segments the market into types, which covers this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the different verticals and regions.
  • This report will help them better understand the competitor and gain more insights to better position their business. There is a separate section on competitive landscape, including competitor ecosystem, and mergers and acquisition. Besides, there are company profiles of 10 key players in this market.

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MarketsandMarkets™ - Business ResearchMarketsandMarkets™
Category: Market Research Publishers and RetailersCompany about: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...
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