According to the new market research report “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”, defines and segments the cloud applications market for Middle East into various segments. This report also provides an in-depth analysis and forecasting of Middle East market size. This report identifies the key driving factors, restraints, challenges, and opportunities which are impacting this market and shaping the future roadmap. The report also focuses on key adoption trends, future opportunities, and business cases in this market. MarketsandMarkets expects that increased adoption of cloud based solutions across SMBs will drive this market towards high growth rate.
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Key growth factors for the market include an increasing need for scalable open education, global training, and cost-effective education platforms.
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The Middle East cloud applications market is broadly segmented by types: Customer Relationship Management (CRM), content management and collaboration, ecommerce, Human capital management (HCM), Enterprise Resource Planning (ERP), Business Intelligence (BI), Supply Chain Management (SCM), and Other industry specific application; By vertical: Banking, Financial Services, and Insurance (BFSI), retail and wholesale, telecommunication & IT, healthcare & life sciences, government, manufacturing, resource and utilities, travel and hospitality, and others; By country: Kingdom of Saudi Arabia (KSA), Unites Arab Emirates (UAE), Qatar.

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.

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Various assumptions have been taken into consideration for market sizing and forecasting exercise of this market. Some of the key assumptions include political, economic, social, technological and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging Middle East regions.

The Middle East cloud applications research report will help the market leaders/new entrants/vendors in this market in the following ways:

• This report segments the market into types, which covers this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the different verticals and countries.
• This report will help them better understand the competitor and gain more insights to better position their business. There is a separate section on competitive landscape, including competitor ecosystem, and mergers and acquisition. Besides, there are company profiles of 10 key players in this market.

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