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PUBLISHER: IMARC | PRODUCT CODE: 1451687
PUBLISHER: IMARC | PRODUCT CODE: 1451687
Cloud Enterprise Application Software Market Report by Solution, Industry Vertical, and Region 2024-2032
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The global cloud enterprise application software market size reached US$ 154.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 426.6 Billion by 2032, exhibiting a growth rate (CAGR) of 11.61% during 2024-2032.
Cloud enterprise application software (EAS) refers to advanced business solutions that organizations integrate to perform various operations with enhanced productivity and efficiency. It involves enterprise resource planning (ERP), supply chain management (SCP), sales force automation (SFA), customer relationship management (CRM), business intelligence (BI), and web conferencing solutions. These applications manage enterprise assets, help with contact center operations management (CCOM), enhance customer relations, track inventory, and predict future product demand. Apart from this, cloud EAS aids in automating business procedures and interpreting reported data and visuals. Consequently, the solution is used by various end-users to mitigate business inconsistencies, communicate, manage content, and optimize the overall workflow.
Cloud Enterprise Application Software Market Trends:
The increasing demand for cloud-based computing and the shifting user inclination toward a customer-centric approach have facilitated the widespread adoption of cloud EAS across small and medium-sized enterprises (SMEs). This can be further attributed to rapid industrialization, escalating internet penetration, and the growing organizational need for enhanced business management solutions. In line with this, the extensive adoption of software as a service (SaaS) cloud computing service model that helps reduce information technology (IT) infrastructural costs and synchronizes, updates, and stores documents, is acting as another growth-inducing factor. Additionally, the large-scale integration of big data analytics, security interface, social media applications, and mobile app development platforms to perform complex cloud-based applications and optimize existing security compliances are impelling the market growth. Moreover, the implementation of bring-your-own-device (BYOD) and work-from-home (WFH) models, especially during the COVID-19 pandemic, has further supplemented the need for hybrid cloud computing enterprise applications for asset management. Apart from this, strategic collaborations amongst key players to launch product variants with additional features are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cloud enterprise application software market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on solution and industry vertical.
Breakup by Solution:
Customer Relationship Management (CRM)
Enterprise Resource Planning (ERP)
Supply Chain Management (SCM)
Web Conferencing
Business Intelligence (BI)
Business Process Management (BPM)
Content Management System (CMS)
Enterprise Asset Management (EAM)
Others
Breakup by Industry Vertical:
Manufacturing and Services
Banking, Financial Services and Insurance (BFSI)
Healthcare
Retail
Government
Oil and Gas
Telecom
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accruent LLC (Fortive Corporation), Epicor Software Corporation, Hewlett Packard Enterprise Development LP, IFS AB, Infor Inc. (Koch Industries Inc.), International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, QAC Inc., Salesforce Inc. and SAP SE.
Key Questions Answered in This Report
- 1. How big is the global cloud enterprise application software market?
- 2. What is the expected growth rate of the global cloud enterprise application software market during 2024-2032?
- 3. What are the key factors driving the global cloud enterprise application software market?
- 4. What has been the impact of COVID-19 on the global cloud enterprise application software market?
- 5. What is the breakup of the global cloud enterprise application software market based on the solution?
- 6. What are the key regions in the global cloud enterprise application software market?
- 7. Who are the key players/companies in the global cloud enterprise application software market?
Product Code: SR112024A6367
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Cloud Enterprise Application Software Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Solution
- 6.1 Customer Relationship Management (CRM)
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Enterprise Resource Planning (ERP)
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Supply Chain Management (SCM)
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Web Conferencing
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Business Intelligence (BI)
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Business Process Management (BPM)
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
- 6.7 Content Management System (CMS)
- 6.7.1 Market Trends
- 6.7.2 Market Forecast
- 6.8 Enterprise Asset Management (EAM)
- 6.8.1 Market Trends
- 6.8.2 Market Forecast
- 6.9 Others
- 6.9.1 Market Trends
- 6.9.2 Market Forecast
7 Market Breakup by Industry Vertical
- 7.1 Manufacturing and Services
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Banking, Financial Services and Insurance (BFSI)
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Healthcare
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Retail
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Government
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Oil and Gas
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Telecom
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
- 7.8 Others
- 7.8.1 Market Trends
- 7.8.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Accruent LLC (Fortive Corporation)
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Epicor Software Corporation
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 SWOT Analysis
- 13.3.3 Hewlett Packard Enterprise Development LP
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 IFS AB
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Infor Inc. (Koch Industries Inc.)
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 International Business Machines Corporation
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Microsoft Corporation
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Oracle Corporation
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 QAC Inc.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.10 Salesforce Inc.
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.11 SAP SE
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.11.4 SWOT Analysis
- 13.3.1 Accruent LLC (Fortive Corporation)
Product Code: SR112024A6367
List of Figures
- Figure 1: Global: Cloud Enterprise Application Software Market: Major Drivers and Challenges
- Figure 2: Global: Cloud Enterprise Application Software Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Cloud Enterprise Application Software Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Cloud Enterprise Application Software Market: Breakup by Solution (in %), 2023
- Figure 5: Global: Cloud Enterprise Application Software Market: Breakup by Industry Vertical (in %), 2023
- Figure 6: Global: Cloud Enterprise Application Software Market: Breakup by Region (in %), 2023
- Figure 7: Global: Cloud Enterprise Application Software (Customer Relationship Management (CRM)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Cloud Enterprise Application Software (Customer Relationship Management (CRM)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Cloud Enterprise Application Software (Enterprise Resource Planning (ERP)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Cloud Enterprise Application Software (Enterprise Resource Planning (ERP)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Cloud Enterprise Application Software (Supply Chain Management (SCM)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Cloud Enterprise Application Software (Supply Chain Management (SCM)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Cloud Enterprise Application Software (Web Conferencing) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Cloud Enterprise Application Software (Web Conferencing) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Cloud Enterprise Application Software (Business Intelligence-BI) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Cloud Enterprise Application Software (Business Intelligence-BI) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Cloud Enterprise Application Software (Business Process Management-BPM) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Cloud Enterprise Application Software (Business Process Management-BPM) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Cloud Enterprise Application Software (Content Management System-CMS) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Cloud Enterprise Application Software (Content Management System-CMS) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Cloud Enterprise Application Software (Enterprise Asset Management-EAM) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Cloud Enterprise Application Software (Enterprise Asset Management-EAM) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Cloud Enterprise Application Software (Other Solutions) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Cloud Enterprise Application Software (Other Solutions) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Cloud Enterprise Application Software (Manufacturing and Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Cloud Enterprise Application Software (Manufacturing and Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Cloud Enterprise Application Software (Banking, Financial Services and Insurance-BFSI) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Cloud Enterprise Application Software (Banking, Financial Services and Insurance-BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Cloud Enterprise Application Software (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Cloud Enterprise Application Software (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Cloud Enterprise Application Software (Retail) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Cloud Enterprise Application Software (Retail) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Cloud Enterprise Application Software (Government) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Cloud Enterprise Application Software (Government) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Global: Cloud Enterprise Application Software (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Global: Cloud Enterprise Application Software (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Global: Cloud Enterprise Application Software (Telecom) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Global: Cloud Enterprise Application Software (Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Global: Cloud Enterprise Application Software (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Global: Cloud Enterprise Application Software (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: North America: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: North America: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: United States: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: United States: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Canada: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Canada: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Asia-Pacific: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Asia-Pacific: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: China: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: China: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Japan: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Japan: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: India: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: India: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: South Korea: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: South Korea: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Australia: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Australia: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Indonesia: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Indonesia: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Others: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Others: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Europe: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Europe: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Germany: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Germany: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: France: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: France: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: United Kingdom: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: United Kingdom: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Italy: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Italy: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Spain: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Spain: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Russia: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Russia: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Others: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Others: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Latin America: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Latin America: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Brazil: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Brazil: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Mexico: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Mexico: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Others: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 86: Others: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Middle East and Africa: Cloud Enterprise Application Software Market: Sales Value (in Million US$), 2018 & 2023
- Figure 88: Middle East and Africa: Cloud Enterprise Application Software Market: Breakup by Country (in %), 2023
- Figure 89: Middle East and Africa: Cloud Enterprise Application Software Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 90: Global: Cloud Enterprise Application Software Industry: SWOT Analysis
- Figure 91: Global: Cloud Enterprise Application Software Industry: Value Chain Analysis
- Figure 92: Global: Cloud Enterprise Application Software Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Cloud Enterprise Application Software Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Cloud Enterprise Application Software Market Forecast: Breakup by Solution (in Million US$), 2024-2032
- Table 3: Global: Cloud Enterprise Application Software Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
- Table 4: Global: Cloud Enterprise Application Software Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Cloud Enterprise Application Software Market: Competitive Structure
- Table 6: Global: Cloud Enterprise Application Software Market: Key Players
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