Cloud Computing Industry: Growth, Trends, and Opportunities

 

 

Global cloud computing industry database is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

 

Private Cloud Market Analysis & Forecast

 

The global private cloud market was valued at USD 222.30 billion in 2022 and is expected to grow at a CAGR of 14.7% over the forecast period from 2023 to 2030. Enterprises are increasingly adopting private cloud infrastructure due to the high volume of sensitive data they produce. Companies can better understand customer behavior and create new goods and services by analyzing patterns in real-time data. Hence, enterprises are continuously adopting private cloud infrastructure.

 

Vendors are continuously adopting various growth strategies to increase their presence in the market. For instance, in March 2022, Adobe announced the development of the ecosystem with new partners and tools. Through the launch of Adobe Experience Cloud, its private cloud network, the company started offering developers new tools for creating and deploying cloud-based apps that integrate seamlessly across its products. The extensive ecosystem of tech partners for Adobe includes FedEx, Anaplan, OneTrust, Walmart, PayPal, and The Weather Company, an IBM Business.

 

Access the Global Cloud Computing Industry Data Book from 2023 to 2030, compiled with details by Grand View Research

 

Public Cloud Market Analysis & Forecast

 

The global public cloud market size was valued at USD 171.39 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.1% from 2023 to 2030. Owing to the high scalability and reduced operational costs offered by cloud services in the wake of digital transformation of industries, the market is witnessing rapid growth. Moreover, enterprises across the globe are gradually adopting public cloud technology to rapidly build, test, and release quality software products.

 

The public cloud is a multi-tenant environment, which offers rapid elasticity and high scalability with capability to consume resources on a pay-per-use basis. Governments and institutions are planning gradually to completely integrate its conventional systems with these computing technologies. As a part of the IT Modernization effort, U.S Federal Government had initiated Cloud Smart Strategy in October 2018 to improve citizen-centric services, accessibility, and maintain cybersecurity. Moreover, adoption of the technology is rapidly gaining importance among Small and Medium Enterprise (SMEs) sector due to the cost competitiveness offered in the market.

 

Currently, most of the enterprises of varying sizes, are revamping from traditional to digital mode of business. The transformation is likely to create potential market for public cloud owing to its benefits such as reduced Total Cost of Ownership (TCO), agility, and flexibility. IBM Corporation states that around 89% of IT professionals expect to move business-critical workloads to cloud, which are driven by the growth in digitization.

 

Government organizations are also this technology services for storage, disaster recovery, risk compliance management, and identity access management applications. In October 2019, amidst corporate hostility, Microsoft Corporation was awarded the U.S Department of Defense contract, Joint Enterprise Defense Infrastructure (JEDI) worth USD 10 billion.

 

Hybrid Cloud Market Analysis & Forecast

 

The global hybrid cloud market size was valued at USD 90.28 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 14.2% from 2023 to 2030. Hybrid cloud solutions offer enterprises a competitive edge by enabling scalability, advanced services, and secure infrastructure. This strategy provides a secure firewall for private services and sufficient integration. In addition, it offers several benefits, such as total support for the remote workforce, decreased operational costs, and improved scalability, control, security, and risk management. Hence, the extensive use of cloud computing services is expected to boost demand for hybrid cloud solutions over the forecast period.

 

A decline in traditional DCO is due to the increase in infrastructure utility services, colocation, and hosting spending. This is anticipated to fuel the transition to cloud hosting. Moreover, government agencies are refocusing their efforts on implementing hyper-scale clouds, which offer advantages including unified operations, data center modernization, application innovation, and security and governance. Furthermore, the cloud allows government organizations to handle cyclical demands or emergencies without overprovisioning hardware.

 

Order Free Sample Copy of “Cloud Computing Industry Data Book - Public Cloud, Private Cloud and Hybrid Cloud Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research 

 

Key players operating in the cloud computing industry are –

 

• Alibaba Group Holding Ltd.
• Amazon.com Inc.
• Adobe Inc.
• Google LLC
• Microsoft Corp.
• International Business Machines Corp
• Oracle Corp.
• Salesforce.com Inc.
• SAP SE
• Workday, Inc

Customer Relationship Management Industry: Evolving Landscape and Navigating the Path to Customer Centricity

  

 

Customer relationship management industry data book covers customer experience management, customer self-service software, digital experience platform, sales force automation software, sales training software, marketing automation market.

 

Global customer relationship management industry databook is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

 

Access the Global Customer Relationship Management Industry Data Book from 2023 to 2030, compiled with details by Grand View Research

 

Customer Experience Management Market Insights

The global customer experience management market size was valued at USD 10.65 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15.4% from 2023 to 2030. Customer experience management solutions are gaining widespread popularity in diverse industries. As businesses become more customer-centric, the customer experience management (CEM) market is expected to witness rapid growth in the forecast period. Ongoing trends such as hyper-personalization of customer service, the use of AI and automation, and various customer value models are the key attributes propelling the growth of the segment. Moreover, implementing robust social media customer service can help reduce costs, increase response times, improve customer satisfaction, and increase the adoption of customer experience management platforms across industries.

 

Customer Self-service Software Market Insights

The global customer self-service software market size was valued at USD 11.92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 23.5% from 2023 to 2030. It is anticipated to register a compound annual growth rate (CAGR) of 22.1% from 2020 to 2027. Efforts to enhance the level of customer satisfaction and encourage customer loyalty are anticipated to propel the market growth over the forecast period. The continued rollout of a large number of customer service touchpoints is also expected to contribute to market growth.Enterprises have realized that understanding the changing consumer behavior can help them in enhancing their offerings. At the same time, both small and medium-sized enterprises and large enterprises have started adopting automated customer self-service software. 

 

Digital Experience Platform Market insights

The global digital experience platform market size was valued at USD 11.17 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.7% from 2023 to 2030. Incumbents of several industries and verticals have started using a customer-centric approach to deal with real-time customer data. Digital experience platforms (DXP) can help these industries in achieving a holistic view of activities, customer interactions, and data across multiple applications and touchpoints. Digital experiences offered by the companies also contain the potential to enhance customer engagement and increase operational productivity in the long run. As these, enterprises prioritize various components of digital experience to attract tech-savvy and self-educating customers. These factors would further supplement the growth of the digital experience platform industry.

 

Order your copy of the Free Sample of “Customer Relationship Management Industry Data Book - Customer Experience Management, Customer Self-service Software, Digital Experience Platform, Sales force Automation Software, Sales Training Software, Marketing Automation Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Sales force Automation Software Market Insights

The global sales force automation software market size was valued at USD 9.82 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.6% from 2023 to 2030. The growing adoption of cloud technologies for sales force automation and rising demand for sales forecasting applications are the primary drivers of the sales force automation software market. Further, the adoption of Customer Relationship Management (CRM) software is gaining traction in various industries owing to the changing nature of the software in terms of functionalities and feature sets. Futuristic CRM suites also enable enterprises to gauge business performance and track sales trajectories. Moreover, the increasing adoption of digital transformation across several industry verticals is causing organizations to replace the previous array of solutions required to build, administer, and enhance their digital presence with a unified solution that can serve all functions. These factors would further drive the market during the forecast period. 

Sales Training Software Market Insights

 

The global sales training software market size was valued at USD 2.14 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.3% from 2023 to 2030. The industry growth can be attributed to the paradigm shift in the focus of the incumbents of various end-use industries to reduce the time employees spend on repetitive tasks and devote the time saved to other customer engagement and relationship management activities. The sales training software can particularly help end-use enterprises in improving employee productivity, boosting product sales, and utilizing resources efficiently. Benefits associated with the adoption of such software include easy sales content creation and streamlined sales enablement.

 

Go through the table of content of Customer Relationship Management Industry Data Book to get a better understanding of the Coverage & Scope of the study.

 

Marketing Automation Market Insights

 

The global marketing automation market size was valued at USD 5.72 billion in 2022 and is expected to witness a CAGR of 13.2% from 2023 to 2030. Owing to the rising significance of automation solutions in marketing and sales to increase revenue and average deal size, target customers across multiple channels, and retain customers, the market will witness healthy growth. Moreover, the marketing automation solutions help automate repetitive, monotonous tasks such as emails, social media, and other website functions. Technological advancements, such as Artificial Intelligence (AI) and data science, the use of analytics in marketing and sales is also likely to boost the growth prospects of the market over the forecast period. A recent survey suggests that there were around 3.9 billion email users and about 3.5 billion social media users in 2019. Email marketing is still one of the primary channels of marketing, wherein the scope of automation in the segment will remain highly effective. Generally, email marketing involves sending newsletters, solicit sales, request donations, advertisements, and request businesses via emails. 

 

Key players operating in the Customer Relationship Management industry are –

• Adobe Inc.
• IBM Corporation
• Salesforce.com, Inc.
• Sitecore

 

E-Commerce Industry To Grow Due To Latest Technologies And Best Practices For Keeping Customers Happy

 

 

E-commerce industry data book covers B2B E-commerce and B2C E-commerce market. The global E-commerce market was valued at USD 13,497.0 billion in 2022 and is projected to grow at a CAGR of 15.0% from 2023 to 2030.

Grand View Research’s E-commerce industry databook is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global E-commerce Industry Data Book from 2023 to 2030, compiled with details by Grand View Research

 

B2B E-commerce Market Growth & Trends

 

The global B2B e-commerce market was valued at USD 7,904.0 billion in 2022 and is projected to grow at a CAGR of 22.8% from 2023 to 2030, according to a new study by Grand View Research Inc. Technologies enabling the adoption of B2B e-commerce platforms are favoring the market growth. For instance, the proliferation of 5G and smartphones worldwide is expected to be a key growth driver for the market. Moreover, the COVID-19 pandemic has resulted in an increased acceptance of B2B e-commerce among end-users. Companies across the globe are focused on adopting a mixed-channel strategy with an emphasis on online channels to drive revenue.

In addition to the demand generated for online e-commerce amidst the pandemic, proactive government support, such as tax waiver, improved transport infrastructure, and reforms supporting excise/customs duty, is also expected to support business to business e-commerce market growth. Moreover, various laws have been reinforced to protect data privacy for both consumers and businesses, such as the law drafted in California, U.S. Such initiatives are likely to improve online trade penetration.

The market is also expected to experience numerous growth opportunities due to the increasing benefits of technologies such as AR, VR, and AI in influencing consumer purchase decisions. The deployment of such technologies helps vendors to enhance the user experience while offering detailed product information in an interactive format. While chatbots have already made their way into the e-commerce market, technologies such as voice commerce are expected to further boost business to business e-commerce market growth.

The COVID-19 outbreak has created unique challenges in most sectors, including business-to-business e-commerce. Businesses changed their business models as supply chains faced a bipolar effect of either excess inventory or shortage of inventory. Moreover, the aftereffects of the pandemic, such as salary cuts, minimized disposable incomes, and loss of jobs, have resulted in reduced spending by promising customers. To overcome these challenges, B2B businesses have shifted their focus to new online strategies, thus contributing to the transformation of the B2B e-commerce industry.

 

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B2C E-commerce Market Growth & Trends

The B2C service segment of the e-commerce market by model type was estimated to be USD 4,398.9 billion in 2022 and is expected to have a CAGR of 9.7% during the forecast period 2023-2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.7% over the forecast period. The increasing disposable income level, escalating usage of internet and smartphones, and an increasing number of online shoppers are expected to drive the market growth. Online goods and service providers offer various options to their customers, such as vast product portfolio, discounted price rates, convenient payment methods, same-day delivery, and easy return policies while purchasing any goods or services, resulting in growing customer preference toward e-commerce platforms.

The General Agreement on Trade in Services (GATS) provides the rules and regulations governing international trade in services, with significant implications for e-commerce. The anti-Spam Law is placed to protect consumers from receiving unsolicited marketing material. Although online businesses collect information from consumers, they are legally prohibited to spam people's inboxes without their consent. Technological advancement supported by increasing usage of Artificial Intelligence (AI) is providing customers with a real-time shopping experience. For instance, Augmented Reality (AR) technology offers customers ‘virtual changing rooms’ wherein customers can try a product virtually.

The rapid evolution of e-commerce has brought numerous opportunities to both nascent as well as established players in the market. However, online payment processes have witnessed few challenges in the recent past. The interconnected and instantaneous nature of online payment channels has increased vulnerability towards cybercrime, digital frauds, and other malpractices. To overcome these cybersecurity concerns, it is essential to emphasize service security and the protection of consumer’s data.

 

Go through the table of content of E-commerce Industry Data Book to get a better understanding of the Coverage & Scope of the study.

 

Competitive Landscape

Key players operating in the E-commerce Industry are –
• Alibaba Group Holding Limited
• Amazon.com, Inc.
• Apple Inc.
• Best Buy
• eBay Inc.
• Shopify Inc.

The Digital Health Industry: Innovating Healthcare With Digital Solutions

 

 

Digital health industry data book covers tele-healthcare, mhealth, healthcare analytics and digital health system markets. The global market size was valued at USD 211.0 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 18.6% from 2022 to 2030.

Access the Global Digital Health Industry Data Book from 2023 to 2030, compiled with details by Grand View Research

Tele-Healthcare Market Growth & Trends

The global telehealth market size was valued at USD 87.6 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 23.5% from 2023 to 2030. The rising penetration of the internet and the evolution & development of smartphones are factors that contribute to the growth of the industry. Advancements in digital infrastructure allow users to monitor their health and fitness, avail of medical assistance, and book appointments. For instance, several applications and platforms, such as Doctor on Demand, Lemonaid, and MDLive, allow their users to book appointments, monitor personal health, track consultations, and store healthcare information.

Moreover, the COVID-19 pandemic accelerated the adoption of telemedicine and teleconsultation. The pandemic exposed the shortcomings in the healthcare systems while also burdening the healthcare resources and facilities, which accelerated the adoption of the solutions. The government-imposed travel restrictions and lockdowns to curb the spread of the virus, which led to patients and healthcare institutions shifting toward teleconsultations and telemedicine. In addition, insurance companies and healthcare payers are collaborating with key industry players to provide free consultation services to patients. For instance, AIG and Cigna announced a partnership with Doctor Anywhere in Singapore.

Under this partnership, the companies will provide free consultation services to patients across Thailand, Singapore, and Vietnam. Moreover, the rising number of public-private partnerships, advancements in digital infrastructure, rise in government initiatives, and growing advancements in digital health technologies are anticipated to boost the demand for virtual care applications and services. Several key players, such as GlobalMed, Siemens Healthineers, and Doctor Anywhere, reported a significant rise in revenues and active users during the pandemic. The services segment held the largest share of the global revenue in 2022 due to the rising preference for telemedicine and teleconsultation to reduce healthcare costs and physical visits to hospitals.

 

mHealth Market Growth & Trends

The global mHealth market size was valued at USD 56.8 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 10.8% from 2023 to 2030. Increasing adoption of mHealth apps and technologies by physicians and patients and rise in penetration of internet and smartphone connectivity are among the major factors expected to drive the growth of the market. Besides, increasing government initiatives towards the digitalization of healthcare services are also anticipated to boost the adoption of mobile health platforms.

Based on component, mHealth apps dominated the market and accounted for revenue share of 75.4% in 2021. This high share is attributable to constantly developing startup ecosystems across the globe and increasing investments by key players to develop new health-based apps. In addition, benefits provided by these apps in maintaining health and lifestyle and managing health condition are some of the other factors boosting the growth of the segment.

Based on services, the monitoring services segment dominated the market with a revenue share of 61.5% in 2022. Monitoring services mainly involve the observation of health conditions, diseases, and other complicated medical parameters for a defined time. The rising prevalence of chronic diseases and increasing preference for remote monitoring services in post-acute care are some of the factors contributing to the growth of this segment. In addition, increasing investments by the key players in mobile health apps for patient monitoring is also expected to propel the segment growth over the years.

 

Order your copy of Free Sample of “Digital Health Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Healthcare Analytics Market Growth & Trends

The global healthcare analytics market is currently valued at USD 35.3 billion as of 2022 and is expected to expand at a CAGR of 21.4% for the forecast period 2023-2030. The increase in capital investments by the healthcare industry in the IT sector for better management and cost-effective patient care are key growth factors for the healthcare analytics market.

Descriptive analytics holds the biggest revenue share, its use in studying historical data has been successfully and widely adopted during the pandemic for studies on patient populations, the current method of analysis has been studying historical data to devise actionable insights for professionals to act on. Predictive analytics accounted for the fastest growth owing to the ability to provide future prospects for growth and for delivering better results.
By component, the services component had the largest revenue share in 2022, owing to the majority of healthcare institutes outsourcing their data analytics to third-party vendors. A large number of data analytics companies have been collaborating with the institutions to deliver meaningful insights for better patient care and for maximizing their profits by cost-cutting. Better patient monitoring, and care are key factors for the growth of this component.

The on-premises delivery model holds the largest revenue share in the delivery mode segment. This has been due to the ease of access of data being on the site, i.e., at hospitals, etc. this has resulted in better patient monitoring, better management of records, etc., small institutions are manageable for on-premises delivery mode, another option for data storage is cloud-based. Cloud-based deployment has been the emerging delivery mode due to the fact that it provides a larger space virtually to store data for a multitude of patients. This is cost-effective and is a commercially more viable option for industries.

 

Digital Health System Market Growth & Trends

The global digital health systems market size was valued at USD 31.4 billion in 2022 is projected to grow at a compound annual growth rate (CAGR) of 6.1% from 2023 to 2030. Growing penetration rate of smartphones, improvement in internet connectivity, introducing advance healthcare IT infrastructure, rising healthcare expenditure, diseases, rising adoption rate of remote patient monitoring services, and increasing accessibility of virtual care are driving market growth. Growing prevalence of chronic diseases such CVD, diabetes, cancer and others are further driving the market growth as digital health systems help in monitoring condition from any place and at any time.

Smartphones have widened their application scope from devices just for communication & entertainment to devices monitoring health & fitness. As per the statistics of Pew Research Center about 97.0% of U.S. citizens own smartphones in the year 2021. Moreover, key players are also focusing on developing and introducing innovative mobile applications for tracking daily activities, providing information about medical queries, tracking & ordering medical prescriptions, scheduling appointments, and storing healthcare information. The ongoing COVID-19 pandemic exposed the flaws in the current overburdened healthcare systems and highlighted the potential of digital health solutions, which in turn encouraged the use of these solutions and resulted in a sharp increase in their rate of adoption.

 

Go through the table of content of digital health industry data book to get a better understanding of the Coverage & Scope of the study.

 

Competitive Landscape

Key players operating in the Digital Health Industry are –

• Apple Inc.
• AT&T
• AirStrip Technologies
• Allscripts
• Google Inc.
• Orange
• Qualcomm Technologies, Inc.
• Softserve
• MQure
• Samsung Electronics Co., Ltd.
• Telefónica S.A.
• Vodafone Group
• Cerner Corporation
• McKesson Corporation
• Epic Systems Corporation
• NextGen Healthcare, Inc. (QSI Management, LLC)
• Greenway health, LLC
• CureMD Healthcare
• HiMS
• Computer Programs and Systems, Inc.
• Vocera Communications
• IBM Corporation (IBM Watson Health)
• Siemens Healthcare GmbH
• CISCO Systems, Inc.

 

The digital health industry data book, compiled by Grand View Research, is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research along with a digital healthcare statistics e-book.

 

Enterprise Mobility Management Industry Is Owing To A Significant Increase In Mobile Devices, And Shifting Various End-User Companies

  

Enterprise mobility management industry data book covers mobile device management, mobile identity management, mobile content management and mobile application management market.

Global enterprise mobility management industry database is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

The global enterprise mobility management market size was evaluated at USD 12.01 billion in 2022 and is expected to grow at a CAGR of 24.4% from 2023 to 2030.

Mobile Device Management Market Analysis & Forecast

The global mobile device management (MDM) market size was evaluated at USD 5.02 billion in 2022 and is expected to grow at a CAGR of 24.2% from 2023 to 2030. Mobile device management (MDM) refers to the software and services used to manage and secure mobile devices, such as smartphones, tablets, and laptops. The market has experienced significant growth in recent years due to the increasing use of mobile devices at the workplace and the need to secure sensitive data on these devices. The COVID-19 pandemic has had a significant impact on the industry, as it has accelerated the adoption of mobile devices due to remote work.

North America led the industry in 2022 and held the largest share of more than 36.90% of the overall revenue. The U.S. is expected to witness steady growth during the forecast period due to the high adoption of mobile devices and the presence of major MDM vendors in the region. Asia Pacific is anticipated to emerge as the fastest-growing region from 2023 to 2030. Asia Pacific has seen a rapid increase in the adoption of mobile devices, including smartphones and tablets, which has resulted in the need for MDM solutions to manage and secure these devices.

Mobile Identity Management Market Analysis & Forecast

The global mobile identity management (MIM) market size was evaluated at USD 2.60 billion in 2022 and is expected to grow at a CAGR of 26.6% from 2023 to 2030. MIM solutions are becoming increasingly crucial as the workforce is converting to more mobile and digital, leading to access from a variety of devices and locations. Mobile identity management refers to managing and safeguarding mobile device access to digital resources such as applications and data. Mobile identity management systems usually offer mobile devices safe and simple authentication and identity management features, ensuring that only authorized users have access to essential products and services. MIM systems demand that users provide multiple forms of authentication, such as a password and a biometric factor, fingerprint, or facial recognition, to ensure that only authorized individuals can access business-critical resources.

North American regional market dominated the market with a share of 36.0%. The development of Mobile Identity Management (MIM) systems in the North American region is predicted to expand due to the increasing adoption of mobile devices in personal and professional settings. Asia Pacific is anticipated to rise as the fastest-developing regional market at a CAGR of 28.9%.

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Mobile Content Management Market Analysis & Forecast

The global mobile content management (MCM) market size was evaluated at USD 2.50 billion in 2022 and is expected to grow at a CAGR of 22.2% from 2023 to 2030. Mobile content management (MCM) refers to the creation, storage, and distribution of digital content designed specifically for mobile devices, such as smartphones and tablets.Mobile content management systems are increasingly being integrated with the latest trends, such as mobile-first approach, cloud-based solutions, and machine learning algorithms, among others. The market has evolved significantly in recent years as mobile devices continue to rule the digital landscape and become a vital part of everyday activities.The increased availability of mobile devices, high-speed mobile networks, and the use of mobile devices, such as smartphones and tablets, have made MCM easier to use and economical. Organizations aim to utilize the opportunity of the growing popularity of mobile devices to distribute content directly through these devices, communicate with users, and offer seamless services.

North American market dominated the mobile content management market in 2022 and accounted for a market share of 35.7%. The Asia Pacific is anticipated to rise as the fastest developing regional market at a CAGR of 24.4% of a rapid increase in the adoption of mobile content management.

Mobile Application Management Market Analysis & Forecast

The global mobile application management (MAM) market size was evaluated at USD 2.0 billion in 2022 and is expected to grow at a CAGR of 24.2% from 2023 to 2030. The management and deployment of mobile applications within organizations is a function of mobile application management (MAM). App containerization, where apps are contained within secure containers on mobile devices, is a major development in MAM. This strategy makes it possible to separate personal information from business information, guaranteeing that business apps and data are secure even on employee-owned devices.
MAM systems can configure app settings, preferences, and functionalities according to user roles or organizational needs. As a result, businesses may customize app experiences and expedite app deployments for various user groups. Performance monitoring capabilities are incorporated into MAM solutions to track app performance indicators like response time, crashes, and resource usage. To provide verticals with the best possible app experiences, these capabilities help discover and fix performance issues. MAM solutions are aligned with privacy laws and data protection practices for the secure processing of user data within mobile apps. This offers users transparency and control over their personal information by incorporating features like data encryption, consent management, and user privacy controls.

Go through the table of content of Enterprise Mobility Management Industry Data Book to get a better understanding of the Coverage & Scope of the study.

Enterprise Mobility Management Industry Data Book Competitive Landscape

Companies maintain an exhaustive product portfolio and are employed to maintain a competitive edge in the market, their product offerings, the applications segment they served, the sophistication of their technology, their strategy to differentiate their products, and their industry impact.

Key players operating in the enterprise mobility management industry are –

• Cisco Systems
• SAP SE
• Broadcom, Inc.
• Vmware, Inc.
• Ivanti
• Sophos
• Blackberry

 

 

Asset Management Software Industry To Rise As Of Growing Demand To Increase Organizational Productivity By Using Advanced Technology To Meet Company Needs

 Asset management software industry data book covers asset performance management, enterprise asset management, infrastructure asset management market.

The global asset management industry size was valued at USD 56.76 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 11.1% from 2023 to 2030.

 

Grand View Research’s asset management software industry databook is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

 

Asset Performance Management Market Insights

The global asset performance management market size was valued at USD 19.32 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 12.0% from 2023 to 2030. The market is anticipated to witness significant growth during the forecast period on account of the increasing demand for the digital solutions across various industries such as oil & gas, manufacturing, and chemical among others, for reducing operational expenses. APM system helps collect different kinds of data from all the assets such as machinery, heavy equipment, and so on, using sensors. Through the integration of disparate data sources, the APM system builds a data analytics platform that provides a comprehensive view of all operational assets across the industrial facility. Customers can utilize this information to improve asset management processes and prioritize maintenance activities.

North America dominated the global market with a share of above 30.0% in 2022. The increasing demand for high-speed data networks and the considerable presence of software vendors in the region are the factors contributing to the regional market growth. Furthermore, growing investments by the organizations in IT infrastructure, specifically for research and development of cloud infrastructure, is further fueling the regional market growth.

Asia Pacific is expected to register the highest CAGR during the forecast period. The regional market is witnessing growth due to the significant investments by large firms and the implementation of new technologies across industries and enterprises. Several companies have started migrating their workloads to the cloud as they are highly focused on the development of a digital transformation process through cloud technology.

 

Order your copy of the Free Sample of “Asset Management Software Industry Data Book - Asset Performance Management, Enterprise Asset Management, Infrastructure Asset Management Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Enterprise Asset Management Market Insights

The global enterprise asset management market size was valued at USD 5.74 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 16.9% from 2023 to 2030. The market's growth is driven by a stronger emphasis on improving asset availability and reducing asset breakdowns that impair business operations. The enterprise asset management (EAM) market is expected to grow more rapidly due to the rising demand for a 360-degree view of assets, the elimination of compliance-related overheads, the integration of technologies such as IoT, AI, and analytics, and the ongoing use of IoT platforms and devices to sustain enterprise assets. The demand for cloud-based EAM setups has been affected by increased internet enterprise size adoption, rising data security concerns, and cell phones that empower and inform users about using highly effective software.

The North American market accounted for over 33.3% of the global market share in 2022. The presence of major EAM players such as Aptean, AssetWorks, LLC, CGI Inc.; and Infor, among others in the region, are the key driving factors of the region. Moreover, early adoption of the latest technologies, the proliferation of cloud-based deployments, a highly developed IT infrastructure, government investments in advanced technologies, and the increasing focus of organizations on meeting regulatory and compliance requirements are all factors that contribute to this region's large share. The European region is expected to present significant opportunities for industry expansion. European manufacturers and transport operators are increasingly adopting advanced asset management deployments and technologies such as the Internet of Things and predictive analytics.

 

Infrastructure Asset Management Market insights

The global Infrastructure Asset Management market size was valued at USD 31.70 billion in 2022 and is expected to register a CAGR of 9.2% from 2023 to 2030. The market has witnessed considerable growth owing to the rapid adoption of IAM services to reduce the procurement and maintenance costs of infrastructure. The development of advanced wireless technologies and protocols such as High-Speed Downlink Packet Access (HSDPA) is expected to enable a rise in the adoption of technologies such as AI (Artificial Intelligence) and the Internet of Things (IoT), further driving the market growth.

Geographical segmentation for the infrastructure asset management (IAM) market comprises North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America accounts for a greater market share due to the rise in need to augment asset utilization simultaneously minimizing the operational costs. The U.S. Government encourages private investors to invest in infrastructure and promising fair returns, hence U.S. emerged as the most preferred destination for Greenfield investments in 2017.

The Asia Pacific is expected to emerge as the fastest-growing region, attributed to the major growth opportunities in the aviation industry. The regional spending on infrastructure gained traction in 2018, thereby opening new opportunities for market players. For instance, in India, the government plans to develop more than 100 smart cities by 2020 led by efficient telecommunications infrastructure that bodes well for market development.

 

Go through the table of content of Asset Management Software Industry Data Book to get a better understanding of the Coverage & Scope of the study.

 

Asset Management Software Industry Data Book Competitive Landscape

The services facilitate sortation facilities in populated coastal areas to offer transit times across Canada, leveraging various delivery provider partnerships to improve performance and cost with a single invoice and customized tracking application with no additional charge. By combining proprietary market and consumer insights with advanced modelling technology, Pitney Bowes provided its clients with the Designed Delivery service that customized the solution based on each shipper's need.

 

Key players operating in the Asset Management Software industry are –

• AVEVA Group plc
• Aspen Technology, Inc.
• ABB Ltd
• Aptean
• Pitney Bowes Inc.
• CGI, Inc.
• IFS AB
• WSP Global Inc.
• RPS Group Plc.
• Brookfield Asset Management Inc.

Customer Relationship Management Industry To Rise Owing To The Changing Nature Of The Software In Terms Of Functionalities And Features

  

 

Customer relationship management industry data book covers customer experience management, customer self-service software, digital experience platform, sales force automation software, sales training software, marketing automation market.

The global customer relationship management industry size was valued at USD 51.43 billion in 2022 and is expected to expand at a significant compound annual growth rate CAGR of 16.9% from 2023 to 2030.

 

Grand View Research’s customer relationship management industry databook is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

 

Customer Experience Management Market Insights

The global customer experience management market size was valued at USD 10.65 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15.4% from 2023 to 2030. The market growth can be attributed to the mounting importance of understanding customer behavior and their preferences, which drives various brands and organizations to implement customer experience strategies, such as regularly communicating and engaging with customers, developing a long-term programme, and utilizing automation, to provide the best service performance to customers in real-time.

 

Customer Self-service Software Market Insights

The global customer self-service software market size was valued at USD 11.92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 23.5% from 2023 to 2030. The strong emphasis organizations are putting on delivering instant information as part of the efforts to increase productivity and operating efficiency is anticipated to drive the growth of the market. The eminent need to develop better relationships with customers and enhance the level of customer experience to retain the existing customers and attract new ones is also expected to contribute to the growth. The growing demand from customers for efficient services through multiple touchpoints, such as smartphones and the internet, is particularly expected to prompt enterprises to adopt self-service portals.

 

Order your copy of the Free Sample of “Customer Relationship Management Industry Data Book - Customer Experience Management, Customer Self-service Software, Digital Experience Platform, Sales force Automation Software, Sales Training Software, Marketing Automation Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Digital Experience Platform Market insights

The global digital experience platform market size was valued at USD 11.17 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.7% from 2023 to 2030. The continued integration of the latest technologies, such as the Internet of Things (IoT), Artificial Intelligence (AI), Virtual Reality (VR), and Machine Learning (ML), into digital experience platform (DXP) solutions, is expected to play a niche role in driving the growth of the DXP market during the forecast period. Digital transformation has gained significant traction in the wake of the outbreak of the COVID-19 pandemic. Several businesses are adopting DXP solutions to ensure business coherence and process optimization. Looking forward, DXP solutions would help teams in learning to collaborate, thereby opening new opportunities for the growth of the digital experience platform market over the forecast period.

 

Sales force Automation Software Market Insights

The global sales force automation software market size was valued at USD 9.82 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.6% from 2023 to 2030. The growth can be attributed to the increasing adoption of cloud sales force automation (SFA) software. Increasing demand for sales forecasting applications in the banking, retail, and IT and telecom sectors is anticipated to foster growth. Moreover, the use of artificial intelligence (AI), machine learning (ML), and deployment of cloud technology are the factors anticipated to foster growth. The market has been subject to several new developments in recent years. Technology, such as artificial intelligence is gaining tremendous traction and is projected to drive transformation across the sales automation process. For instance, AI is building practical value for sales management by automating, expanding, and supercharging the way deals are conducted.

 

Sales Training Software Market Insights

 

The global sales training software market size was valued at USD 2.14 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.3% from 2023 to 2030. The industry growth can be attributed to the rising corporate competition and changing business needs. Small- & Medium-scale Enterprises (SMEs) & large-scale companies are regularly investing in the training of their sales and other teams. Furthermore, the rising adoption of Customer Relationship Management (CRM) software, which provides sales enablement tools to facilitate efficient collaboration with other sales representatives, is creating robust growth opportunities. The COVID-19 pandemic adversely impacted the industry in the first three quarters of 2020.

 

Go through the table of content of Customer Relationship Management Industry Data Book to get a better understanding of the Coverage & Scope of the study.

 

Marketing Automation Market Insights

The global marketing automation market size was valued at USD 5.72 billion in 2022 and is expected to witness a CAGR of 13.2% from 2023 to 2030. Owing to the digitalization of industries, rising internet penetration, and the use of mobile devices, the demand for automating marketing solutions has been increasing rapidly. Increasing demand for personalized advertising, retention of users for business growth, and the need for informed advertising strategy are some of the major factors expected to drive the growth. Moreover, the rise in the adoption of IoT devices, an increase in big data, and data analytics solutions, and demand for business automation, and insights will propel the market growth.

 

Key players operating in the Customer Relationship Management industry are –
• Adobe Inc.
• IBM Corporation
• Salesforce.com, Inc.
• Sitecore

 

Supply Chain Solutions Industry To Grow Owing To A Rise In The Volume Of Business Data Across Industries And Companies

 Supply chain solutions industry data book covers supply chain analytics, procurement as a service and vendor risk management market.

The global Supply chain solutions market size was valued at USD 20.45 billion in 2022 and is expected to register a growth of 15.0% from 2023 to 2030.

Grand View Research’s supply chain solutions industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

 

Supply Chain Analytics Market Insights

 

The global supply chain analytics market size was estimated at USD 6.12 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 17.8% from 2023 to 2030. The supply chain analytics (SCA) market is growing in demand due to increased awareness of the benefits of SCA solutions, such as forecasting accuracy, supply chain optimization, waste minimization, and meaningful synthesis of business data. The increasing number of small & medium enterprises and their increasing expenditure on implementing analytics to hold a strong position in the market and compete against other market players are expected to boost the market growth over the forecast period.

 

North America region dominated the global market in 2022 with a revenue share of over 37%.Due to the complexity of corporate processes, industrial organizations in North America are putting a greater focus on the visual display of operational data. This allows businesses to quickly assess the current health of their supply chain from a data standpoint, allowing for better strategic decision-making. Over the forecast period, the European regional market is expected to rise at a promising rate. The European Commission's single market strategy allows commodities, services, people, and capital to travel freely within the region. It broadens the geographical market for European businesses and expands the possibilities for SCA solutions acceptance and deployment.

 

Vendor Risk Management Market insights

The global vendor risk management market size was valued at USD 8.18 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 15.1% from 2023 to 2030. Enterprises are extensively dependent on a large number of third-party vendors that are located in different geographic locations to achieve their business objectives. Collaborating with these vendors often seems challenging for enterprises as they may bring different risks, which can damage the business objectives and processes. Thus, to mitigate and overcome these risks, enterprises adopt vendor risk management in their business processes.

 

North America dominated the global market with a share of over 55.0% in 2021. The large share of this segment is primarily attributed to the growing dependence of enterprises on vendor risk management solutions to effectively manage risks associated with vendors, the presence of global market leaders offering several solutions at affordable prices, and the increasing spending capacity of the local enterprises on risk management solutions.

Asia Pacific is anticipated to emerge as the fastest-growing region over the forecast period. The rapid rise in the disposable incomes of consumers and the growing number of SMEs in China, India, South Korea, and Japan are anticipated to drive the market. Moreover, the growing need for digital transformation among several companies in the remote places of the region and increasing awareness among the enterprises regarding the benefits of vendor risk management is expected to drive the market in the forecast period.

 

Order your copy of the Free Sample of “Supply Chain Solutions Industry Data Book - Supply Chain Analytics, Procurement as a Service And Vendor Risk Management Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Procurement as a Service Market Insights

The global procurement as a service market size was valued at USD 6.15 billion in 2022 and is expected to register a growth of 11.1% from 2023 to 2030. As firms increasingly rely on digitization to carry out their sourcing and procurement tasks while keeping track of company payments and purchases, procurement as a service is gaining popularity throughout the globe. Following the COVID-19 pandemic, the uptake of digitization in automating essential business operations like sourcing and procurement is receiving attention. This is anticipated to support the procurement growth as a service market throughout the projection period.

The European region holds the largest market share of over 40% of the overall revenue share in 2022. The European market has reached maturity with expected modest growth over the forecast period. The increasing focus of procurement service providers in offering customized service plans to their customers and rising demand from European manufacturing enterprises for enhancing the procurement process are key factors driving regional growth. In addition, the growing demand for modernized solutions that could help organizations make data-driven decisions for managing procurement operations is also observed as a trending factor contributing to market growth.

The Asia Pacific region is expected to grow with the fastest CAGR, owing to a considerable rise in demand for digital solutions to manage and streamline supply chain operations. Also, growing internet usage for direct and indirect procurement services is facilitating the adoption of procurement as a service in this region. Additionally, in countries such as China and India, where supply markets are strict, the demand for new sources of supply has emerged rapidly in the region. To manage the new sources, demand for procurement as a service solution is expected to grow considerably over the forecast period.

 

Supply Chain Solutions Market – Global Industry Segmentation

 

Supply Chain Solutions Industry, By Type
• Supply Chain Analytics
• Procurement as a Service
• Vendor Risk Management

Supply Chain Solutions Industry, By Deployment
• Cloud
• On-premises

Supply Chain Solutions Industry, By Enterprise size
• Large Enterprise
• Small & Medium Enterprise

 

Go through the table of content of Supply Chain Solutions Industry Data Book to get a better understanding of the Coverage & Scope of the study.

 

Supply Chain Solutions Industry, By End- Use

• Retail & E-commerce
• Healthcare
• Automotive
• Transportation & Logistics
• Food & Beverages
• Manufacturing
• Others

Supply Chain Solutions Industry, By Region

• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
• APAC
o China
o Japan
o India
• Latin America
o Brazil
o Mexico
• MEA

Key players operating in the supply chain solutions industry are –

• Genpact
• Accenture
• International Business Machines Corporation
• HCL Technologies Ltd.
• WNS (Holdings) Ltd.
• Optive Security, Inc.
• Infor
• Kinaxis
• JDA Software Group, Inc.
• Aera Technology

Business Software Industry To Boost Due To Increasing Enterprise Data Volumes And Increased Use Of Automation To Improve Business Operations

 

 

 

Business Software Industry Data Book Covers Event Management Software, ERP Software and Quality Management Software Markets.

The global market for business software was estimated at USD 71.11 billion in 2022 and is anticipated to increase at a CAGR of 11.3% from 2023 to 2030.

 

Access the Global Business Software Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies.

 

Event Management Software Market Growth & Trends

The global event management software market size is anticipated to reach USD 14.48 billion by 2028, registering a CAGR of 12.5% from 2021 to 2028, as per the research conducted by Grand View Research, Inc. The growing popularity of cloud-based solutions and the increasing preference for hosting virtual events are some of the major factors that are anticipated to drive the growth of the market over the forecast period. Given the growing reliance of organizations on a dedicated IT infrastructure to improve business productivity, cloud-based managed services are emerging as a cost-effective alternative for organizations, which bodes well for the growth of the market. The availability of various subscription-based pricing models is also expected to contribute to the growth of the market.

 

The outbreak of the COVID-19 pandemic has been particularly driving the adoption of event management software. Lockdowns imposed in different parts of the world as part of the efforts to arrest the spread of coronavirus have affected several industries and industry verticals. Several small, medium and large enterprises have adopted the work-from-the-home working model to protect their employees in the wake of the outbreak of the pandemic. On the other hand, educational institutions and corporates are particularly resorting to virtual events, which is typically driving the demand for event management software.

 

ERP Software Market Growth & Trends

 

The global ERP software market is anticipated to reach at USD 123.41 billion by 2030, expanding at a CAGR of 11.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing application of ERP software in the retail, banking, utility, healthcare, and government sectors is expected to drive market demand. Organizations gain from the software's increased operations, improved decision-making, and efficiency. As a result, the ERP software industry is expected to experience a significant increase in the forecast period offering a wide range of benefits to the stakeholders.

The cloud deployment of ERP software accounts for maximum revenue in 2022, owing to the COVID-19 pandemic's increased use of cloud-based ERP software. Additionally, a growing volume of sizable data and an increase in the advantages of cloud technology in terms of data & remote accessibility, cheap maintenance, security, and efficiency are gaining ground in the market. Additionally, this market is anticipated to expand more quickly due to advantages including quicker implementation and ease of installation.
Due to the widespread usage of ERP software for various financial management activities such as asset management, investment, cash flow management, and accounting, the finance function is expected to hold the greatest part of the market in 2022. Additionally, the growing demand for organizations to adopt ERP software solutions and track and record client payments, sales, and invoices encourage the category's expansion.

 

Order your copy of Free Sample of “Business Software Industry Data Book - Event Management Software, ERP Software and Quality Management Software Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

 

Quality Management Software Market Growth & Trends

 

The global quality management software market size is estimated to reach USD 20.66 billion by 2030, registering a CAGR of 10.6% from 2023 to 2030, according to a new study by Grand View Research, Inc. The market growth is attributed to factors such as growing emphasis on establishing internal quality policies and standard operating procedures to supplement organizational growth and developing a customer-centric organization. For industries such as utility and energy, the implementation of quality management software (QMS) is expected to increase owing to advantages such as mitigation of compliance and operational risk, standardization of process, improved decision making, and reduction of energy waste while improving the organization's goodwill.

 

The healthcare sector is another vertical with the potential for wide implementation of quality management systems (QMS), which is expected to support the software's market growth. The software providers offer hospitals and pharmaceutical companies customized solutions to streamline operations and reduce task time. For instance, in July 2021, Intelex Technologies provided Community Memorial, a hospital in California, with quality management software solutions. The solution includes monitoring & measurement, document control, an audit checklist, supplier management, and a customized dashboard. The software implementation increased the incident reporting rate, administration efficiency, and lead time reduction for a particular task.

 

Furthermore, quality management software provides a range of functionalities, such as handling non-conformances of specification test results, ensuring compliance, and calibration, along with a centralized system that is calibrated with the CRM and ERP systems. These functionalities, such as the reduction of business process optimization and operational costs, are expected to propel the adoption of QMS across different industry verticals.

 

Go through the table of content of Business Software Industry Data Book to get a better understanding of the Coverage & Scope of the study.

 

Competitive Landscape

 

Key players operating in the Business Software Industry are –

• SAP SE
• Microsoft Corporation
• Oracle Corporation
• Rockwell Automation Inc.
• Honeywell International Inc.
• Aventri Inc.
• Sage Group, plc
• NetSuite, Inc.
• International Business Machines Corporation
• General Electric Co.

 

Grand View Research’s Business Software industry data book is a collection of market sizing information & forecasts, regulatory data, competitive benchmarking analyses, macro-environmental analyses, and technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

 

Check out more Industry Data Books, published by Grand View Research

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

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