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Middle East Cloud Applications Market 2015 - Forecast and Analysis to 2020: Market to Grow at a CAGR of 22.1%

20:00 EDT 1 Jun 2015 | Globe Newswire

Dublin, June 02, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/px5pgh/middle_east_cloud) has announced the addition of the "Middle East Cloud Applications Market by Type (CRM, HCM, SCM, ERP, BI, Content Management and Collaboration, ecommerce), by Country (United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA), Qatar) - Forecast and Analysis to 2020" report to their offering.

The Middle East cloud applications market is expected to grow from $887.5 Million in 2015 to $2404.5 Million by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 22.1% from 2015 to 2020.

The cloud applications are widely been adopted by businesses across a broad spectrum of verticals in Middle East mentioned in the report such as Banking, Financial Services, and Insurance (BFSI), retail and wholesale, telecommunication & IT, healthcare & life sciences, government, manufacturing, travel and hospitality, resource and utilities, and other verticals too.

The complete Middle East cloud applications market analysis consists of evaluating various types, end users, verticals and countries. The overall market size is found by adding up the individual market size of all application types including Customer Relationship Management (CRM), content management and collaboration, ecommerce, Human capital management (HCM), Enterprise Resource Planning (ERP), supply chain management (SCM), Business Intelligence (BI), other industry specific application.

The cloud application in Middle East is currently offered by numerous vendors such as IBM, Oracle, Salesforce.com, SAP SE and others envelop the whole private, public and hybrid cloud spectrum. These vendors are selling variations of cloud applications via public, private, hybrid, and managed services, along with switching their one-off licensing scheme to a more dependable subscription model.

Now-a-days the major issue is the security and privacy in the Middle East cloud applications market. To overcome this constraint, cloud applications vendors as well as resellers, systems integrators, and data center operators have been working together to make sure that cloud applications are delivered easily with maximum security and customization. The cloud services vendors are also engaged in delivering advanced applications with lower cost to simplify the business functions.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summery

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Middle East Cloud Applications Market, By Type

8 Middle East Cloud Applications Market, By Vertical

9 Middle East Cloud Applications Market By Market Size

10 Middle East Cloud Applications Market, By Country

11 Competitive Landscape

12 Company Profiles

- Epicor
- Infor, Inc.
- International Business Machines Corporation (IBM)
- Microsoft Corporation
- Netsuite Inc.
- Oracle
- Ramco Systems Limited
- Salesforce.Com
- SAP SE
- The Sage Group PLC
- Workday, Inc

For more information visit http://www.researchandmarkets.com/research/px5pgh/middle_east_cloud




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         Laura Wood, Senior Manager
         press@researchandmarkets.com

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         Sector: Telecommunications and Networks, Data Storage and Management , Cloud Computing and Storage

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