Cloud-Based Applications Market Expected to Witness Significant Growth with Microsoft, Salesforce, and Oracle Leading the Way



The global market for cloud-based applications is expected to see substantial growth between 2023 and 2030, with a growth rate of 15.8%, as reported by HTF Market Intelligence. The study aims to provide a performance analysis of key players in the industry, highlighting trends and drivers shaping the market. Key companies profiled in the report include Microsoft, Salesforce, Oracle, SAP, Google, and others. Cloud-based applications, also known as SaaS applications, are software programs hosted on remote servers accessed over the Internet. Security and compliance are key priorities, given the sensitive data stored in the cloud. The market offers scalability and flexibility, opening new opportunities for developers and providers. Key market segments include email, file storage, file sharing, CRM, ERM, HCM, and others. Market leaders like Google and Microsoft have expanded their presence to meet growing demand for cloud services. The report covers market trends, indicators, and opportunities, with a focus on AI, ML, IoT, and big data analytics driving innovation. The study provides important features and highlights of the cloud-based applications market, including segmentation by type, application, and region. The premium version offers deeper analysis, additional segmentation, and regional breakdowns by country. It also includes information on macroeconomic factors and regional reporting for North America, South and Central America, Europe, Asia-Pacific, and the Middle East and Africa. The report aims to help stakeholders stay informed of the latest market research findings, identify growth opportunities, benchmark against competitors, and make informed decisions based on historical and forecast trends. For those interested in purchasing the report, quotes and customized versions are available. The study is conducted by HTF Market Intelligence Consulting Private Limited, with contact information provided for further inquiries.

Article Source
https://www.einnews.com/amp/pr_news/721500410/cloud-based-apps-market-doubtless-to-enhance-future-progress-with-microsoft-salesforce-oracle