The cloud applications are widely been adopted by businesses across a broad spectrum of verticals mentioned in the report such as Banking, Financial Services, and Insurance (BFSI), education, retail, telecommunication & IT, healthcare & life sciences, government, discrete manufacturing, oil & gas, media & entertainment, and other verticals too.
The complete cloud applications market analysis consists of evaluating various types, end users, verticals and regions. The overall market size is found by adding up the individual market size of all application types including 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.
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The cloud applications currently offered by numerous vendors such as IBM, Oracle, Cisco, Salesforce.com, SAP AG and others envelop the whole private, public and hybrid cloud spectrum. These vendors are selling variations of cloud applications via public, private, hybrid, and managed services, along with switching their one-off licensing scheme to a more dependable subscription model.
Today the prime concern in the cloud applications market is regarding the security and privacy. To meet this major concern of the customers, cloud applications vendors as well as resellers, systems integrators, and data center operators have been working together to make sure that cloud applications are delivered easily with maximum security and customization. The cloud services vendors are also engaged in delivering advanced applications with lower cost to simplify the business functions.
The report is expected to help the market leaders/new entrants in this market in the following ways:
1. This report segments the cloud applications market into application types, covering 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 verticals, end users, and regions.
2. This report will help them better understand the competitors and gain more insights to better position their business. There is a separate section on competitive landscape that includes competitors’ ecosystem and their roles in the market. Besides, there are company profiles of the top 10 players in this market. In this section, market internals are provided that can put them ahead of the competitors.
3. The report helps them to understand the overall growth of the market. The report provides information and analysis of key market drivers, restraints, challenges, and opportunities.
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