2. Scope of The Report
By verticals
The research report categorizes the Middle East Cloud Applications Market
to forecast the revenues and analyse the trends in each of the following subsegments:
• BFSI
• Energy and Utilities
• Government and Public Sector
• Healthcare and Life Sciences
• Manufacturing
• Retail and Consumer Goods
• Telecommunications
• Others
By Applications
• Enterprise Resource Management (ERM)
• Customer Relationship Management (CRM)
• Human Capital Management (HCM)
• Supply Chain Management (SCM)
• Business Intelligence and Analytics
• Collaboration and Content Management
• Others (PPM and engineering applications)
And More…
3. Key Segments
Factors driving the adoption of cloud applications are the rising purchasing
power of customers and the need to satisfy customer expectations, which l
eads to existing customer retention and new customer acquisition.
The Banking, Financial Services, and Insurance (BFSI) vertical is adopting di
gitalization initiatives at a rapid pace to meet the rising customer expectations
and sustain the highly competitive market.
Cloud Customer Relationship Management (CRM) enables enterprises to sto
re and utilize customer data at scale to offer better services and manage rela
tionships with customers.
1
2
3
4
5
Cloud collaboration solutions enable enterprises to store data in a centralized repository,
while they also ensure optimum security policies. The cloud-based collaboration solution
s have enabled multiple users to perform editing online and share documents with users
in real time.
The growing demand for cloud-based services and advanced technologies, increasin
g need to engage with customers, and deliver an enriched experience continuously a
re some of the major factors driving the growth of the Middle East cloud applications
market.
4. Market Growth Rate
2019 2024
Market Size of
$ 2.0 billion
Market Size of
$ 4.5 billion17.5%
CAGR
5. Key Vendors
• SAP (GermanyS)
• Oracle (US)
• Microsoft (US)
• Infor (US)
• Salesforce (US)
• And More
Major Players
View Report Here - https://www.marketsandmarkets.com/Market-Reports/
middle-east-cloud-application-market-262938413.html
6. Major Regions
• North America
• Europe
• APAC
• MEA
• Latin America
North America is expected to hold
the largest market share.
Asia Pacific (APAC) is expected to pr
ovide opportunities for debt collectio
n software providers and grow at the
highest CAGR
7. • How is the adoption trend of cloud applications in the Middle East?
• What are the challenges faced by cloud application vendors in the Middle East?
• What are various developments happened in the Middle East cloud applications
market?
Key Questions Addressed by the Report:
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