WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Technology Software Products Friday, October 20, 2017 
Add Press Release News | News Feeds Feeds | Email This News Email

Global Cloud Enterprise Application Software Market Expected to Reach $144,111 Million by 2023 - Allied Market Research
Friday, October 06, 2017

PORTLAND, Oregon and PUNE, India, October 6, 2017 /PRNewswire/ --

According to a new report published by Allied Market Research, titled, "Cloud Enterprise Application Software Market by Solution and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023 [ ]," the global cloud enterprise application software market was valued at $55,988 million in 2016, and is projected to reach $144,111 million by 2023, growing at a CAGR of 14.6% from 2017 to 2023. The content management system (CMS) segment is anticipated to grow at the highest rate during the forecast period.

North America generated the highest revenue in the global cloud enterprise application software market in 2016 due to adequate infrastructural development for the adoption of cloud enterprise application software. Asia-Pacific is expected to grow at the highest rate during the forecast period, owing to the remarkable economic growth and development of the technological infrastructure.

Do Enquiry for Sample Report@

The growth of the global cloud enterprise application software market is driven by increase in adoption of cloud-based solutions and realization of competitive advantages achieved through implementation of enterprise application software. In addition, rise in demand for enhanced business process management, high internet penetration in Asia-Pacific, and surge in demand for IoT among end users are expected to offer significant growth opportunities for the global cloud enterprise application software market. However, costs associated with the implementation & maintenance and data security concerns are anticipated to hamper the market growth.

The report features a competitive scenario of the global cloud enterprise application software industry and provides a comprehensive analysis of key growth strategies adopted by major players. The key players profiled in the study are Oracle, IBM, Microsoft, SAP, HP, QAD Inc., IFS AB, Epicor Software Corp., Infor, and These players have adopted competitive strategies such as geographical expansions, mergers & acquisitions, new product launches, and partnerships & collaborations to strengthen their foothold in the market.

Do Enquiry before purchasing Report@


        - The manufacturing & services accounted for the highest share of the global cloud
          enterprise application software industry in 2016, while others segment is expected to
          grow at the fastest CAGR from 2017 to 2023.
        - The others segment among industry verticals generated the highest revenue share in
        - North America accounted for the highest share of around 57% of the total cloud
          enterprise application software market in 2016.
        - The cloud enterprise application software market for content management system (CMS)
          is expected to witness the highest growth rate during the forecast period.

Ask for discount before buying @

About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


        Dhananjay Potle 
        5933 NE Win Sivers Drive 
        #205, Portland, OR 97220 
        United States 
        Toll Free: +1-800-792-5285 
        UK: +44-845-528-1300 
        Hong Kong: +852-301-84916 
        India (Pune): +91-20-66346060 
        Fax: +1   855   550-5975 


SOURCE Allied Market Research

Email This News Email | Submit To Slashdot Slashdot | Submit To Digg | Submit To | News Feeds Feeds

Nav 3D Printing Software and Services Market, 2021 | Oct 20, 2017
Nav Borqs' Mvno Business Unit Ranks Among Top 10 Virtual Operators In China's Communication Industry In 2017 | Oct 20, 2017
Nav Global $14.3 Billion Infusion Pump System Accessories and Software Market, 2017-2024 | Oct 20, 2017
Nav Opportunities for 3D Printing Software 2017-2027 | Oct 20, 2017
Nav InXite and OrangeHook Announce Strategic Relationship for the Healthcare Market | Oct 20, 2017
Nav Razer Unveils New Streamer Certified Broadcasting Hardware | Oct 20, 2017
Nav ProfNet Experts Available on Shelter Medicine, Emotional Health, More | Oct 20, 2017
Nav Global Problem Solving Expert Presents IT Root Cause Analysis Workshop | Oct 20, 2017
Nav Electric Cloud Appoints Carmine Napolitano as Next CEO | Oct 20, 2017
Nav Ethernet Controller Market Worth 11.89 Billion USD by 2023 | Oct 20, 2017

Submit News | View More News View More News