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Cloud Enterprise Application Software Market Report by Solution, Industry Vertical, and Region 2024-2032

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    Report

  • 142 Pages
  • March 2024
  • Region: Global
  • IMARC Group
  • ID: 5946356
Description Jump to:
The global cloud enterprise application software market size reached US$ 154.2 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 426.6 Billion by 2032, exhibiting a growth rate (CAGR) of 12.0% during 2023-2032.

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:

The publisher 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. The 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?

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
8.2 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
8.3 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
8.4 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
8.5 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
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

Companies Mentioned

  • 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.
  • SAP SE

Methodology

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Table Information

Report AttributeDetails
No. of Pages142
PublishedMarch 2024
Forecast Period2023 - 2032
Estimated Market Value ( US$ ) in 2023 US$  154.2 Billion
Forecasted Market Value ( US$ ) by 2032 US$  426.6 Billion
Compound Annual Growth Rate12.0%
Regions CoveredGlobal
No. of Companies Mentioned11

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About the Enterprise Application Market

The Cloud Enterprise Application Software market is a subset of the larger cloud computing and storage industry. It is composed of software applications that are hosted on cloud-based platforms and are designed to help businesses manage their operations. These applications are typically used to automate processes, streamline operations, and improve customer service. They can also be used to store and analyze data, as well as to provide access to enterprise applications from any device. The Cloud Enterprise Application Software market is growing rapidly, driven by the increasing demand for cloud-based solutions. Companies are increasingly turning to cloud-based solutions to reduce costs, improve efficiency, and increase scalability. This has led to an increase in the number of vendors offering cloud-based solutions. Some of the major players in the Cloud Enterprise Application Software market include Salesforce, Oracle, Microsoft, SAP, IBM, and Google. These companies offer a range of cloud-based solutions, including customer relationship management (CRM), enterprise resource planning (ERP), and analytics. Show Less Read more

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