Cloud Applications Market predicted to reach $356 billion by 2025
Browse in-depth TOC on "Cloud Applications Market”
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77759796
Among applications, cloud-based customer relationship Management applications to hold the largest market size during the forecast period
Cloud Customer Relationship Management (CRM) enables enterprises to store and utilize customer data at scale to offer better services and manage relationships with customers. Cloud-based CRM is gaining popularity among enterprises due to various benefits it offers, such as 360° view of the contact, accessibility, affordability (especially for Small and Medium-sized Enterprises [SMEs]), rapid implementation, easy upgradation, scalability, and integration capability with other data sources. Cloud-based CRM applications centralize the customer database and provide a comprehensive view of all interactions with customers, offer instant access to real-time insights of sales opportunities, and automate task management processes. With ease of use and affordability, it increases customer retention rates making business more successful. Salesforce, Zoho, Oracle, Microsoft, and Oracle are some leading vendors offering cloud CRM.
Retail and consumer goods vertical is one of the fastest-growing verticals in the region
Factors driving the adoption of cloud applications are the rising purchasing power of customers and the need to satisfy customer expectations, which leads to the existing customer retention and new customer acquisition. Online retailing and cloud technologies have significantly disrupted the retail and consumer goods vertical leading to the adoption of cloud computing mainly for storage, backup, and security services. Cloud computing services enable retailers to access customer data with just one click from any store located anywhere, thus leading to better customer service delivery. For instance, 1-800-Flowers is a floral and gourmet foods gift retailer and distribution company in the US. This store is leveraging the private cloud to offer seamless shopping experiences to the customers. The use of cloud services helps 1-800-Flowers to offer personalize gift recommendations for customers and particular occasions.
North America to have the largest market size during the forecast period
North America is a step ahead in terms of adoption for technologies because of the developed economy. Enterprises operating across varied verticals in the region uses cloud applications such as CRM, ERM, HCM, and SCM to maintain and automate business processes. North America is the home to the leading cloud applications vendors, including Microsoft, Salesforce, Oracle, Google, Workday, Adobe, and IBM, making it contribute a larger share in the cloud applications revenue. Other factors driving the adoption of the cloud technology in this region include reduced costs, improved infrastructure efficiency, and enhanced scalability.
Browse Full Report @ https://www.marketsandmarkets.com/Market-Reports/cloud-applications-market-77759796.html
Major vendors offering cloud applications across the globe includes Microsoft (US), Salesforce (US), Oracle (US), SAP (Germany), Google (US), Workday (US), Adobe (US), IBM (US), Infor (US), Sage Group (UK), Intuit (US), Epicor (US), IFS (Sweden), ServiceNow (US), OpenText (US), Cisco (US), Box (US), Zoho (US), Citrix (US), LogMeIn (US), and Upland Software (US).
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
MnM Blog: https://mnmblog.org
Content Source: https://www.marketsandmarkets.com/PressReleases/cloud-applications.asp
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 markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cloud Applications Market predicted to reach $356 billion by 2025 here
News-ID: 2396254 • Views: 260
More Releases from MarketsandMarkets™
Mobile Device Management Market may reach to $15.7 billion by 2025
According to a new market research report "Mobile Device Management Market by Component (Solutions and Services), Deployment (Cloud and On-Premises), Organization Size (Large Enterprises and SMEs), Operating System, Vertical (BFSI, Telecom, Healthcare), and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size to grow from USD 4.3 billion in 2020 to USD 15.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 29.6% during
Enterprise Information Archiving Market predicted to reach $10.8 billion by 2025
According to a new market research report "Enterprise Information Archiving Market by Type (Content Types (Email, Database, Social Media, Instant Messaging, and Web) and Services (Consulting and System Integration)), Deployment Mode, Enterprise Size, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the Enterprise Information Archiving Market size to grow from USD 5.7 billion in 2020 to USD 10.8 billion by 2025, at a Compound Annual Growth Rate (CAGR)
Identity Verification Market predicted to gain $15.8 billion by 2025
According to a new market research report "Identity Verification Market by Component (Solutions and Services), Type (Non-Biometric and Biometric), Organization Size, Deployment Mode, Vertical (BFSI, Government and Defense, and Healthcare and Life Sciences), and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size to grow from USD 7.6 billion in 2020 to USD 15.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6% during
Security and Vulnerability Management Market predicted to grow $18.7 billion by …
According to a new market research report "Security and Vulnerability Management Market by Component (Software and Services), Target, Deployment Mode (Cloud and On-premises), Organization Size (SMEs and Large Enterprises), Vertical, and Region - Global Forecast to 2026" published by MarketsandMarkets™, the security and vulnerability management market size projected to grow from USD 13.8 billion in 2021 to USD 18.7 billion by 2026, at a Compound Annual Growth Rate (CAGR)
More Releases for Cloud
Cloud Storage Market
Cloud storage is a complete solution package, which includes software and services to manage, maintain, and store data in a virtual environment. It helps both large and small & medium enterprises to store and access relevant information from data center through the Internet. These data centers are maintained at distant places and are connected through networks, which enable the users to access information using the Internet. Cloud storage gives additional
Global Cloud Storage Market
Global Cloud Storage Market – Industry Analysis and Forecast (2017-2026) – by Type, Deployment Model, Organization Size, Vertical, and Geography. Global Cloud Storage Market was valued US$ 35.1 Bn in 2017 and is expected to reach US$ 197.4 Bn by 2026, at a CAGR of 25.99% during forecast period. Cloud storage is allowing enterprises to store information on remote servers which can be accessed using internet. These remote servers are operated, maintained
Healthcare Cloud Computing Market -
Healthcare Cloud Computing is a broad, proactive endpoint security solution designed to supplement the existing defenses. It is a cyber-security technology that informs the need for constant monitoring and response to advanced threats. This advanced system measure shifts of security from a reactive threat approach to one that can detect and prevent threats before they even reach the organization. Growing cases of enterprise endpoint targeted attacks and necessity to mitigate it
Reviews of cloud providers
Evaluation and assessment of main cloud web hosting providers helps you are making a more informed choice on which cloud internet hosting company is the proper suit for you. Dallas, tx – jan 24, 2017. Bloggerkhan broadcasts their revised review and assessment of cloud web hosting vendors, their statistics middle places and the offerings and capabilities they offer. In step with mr. Babar, a spokesperson for bloggerkhan, the concept is
Websites in the Cloud
Noxum consults on websites in the Microsoft Cloud Increased website traffic or massive traffic surges means “heavy labor” behind the web interface. Enormous server capacities are needed to compensate for fluctuation and temporary peaks. Cloud websites release companies from the limitations of server hardware. Würzburg - The Noxum GmbH, service and software provider for Cloud solutions, supports companies operating their websites in the Windows Azure Cloud. Enterprises, publishers and online merchants
dinCloud Assembles Cloud Coalition
dinStack integrates technology visionaries to create the industry’s most comprehensive hosted virtual desktop solution. LOS ANGELES, CA – November 17, 2011 – dinCloud, a leading cloud services provider of hosted virtual desktops, today introduced the dinStack, represented by a coalition of leading technology companies focused on realizing the true potential of desktop virtualization. The 24 components involved in the dinStack create the core foundation of dinCloud’s dinHVD (Hosted Virtual Desktop)