Press release
Global SAP Cloud Platform Services Market Is Estimated To Reach Us$7,000 Million By 2032
Global SAP Cloud Platform Services market study sheds light on the important growth dynamics expected to prevail across the assessment period. (Insert forecast period). The study offers statistics of key segments across prominent geographies, along with a detailed mapping of the global competitive landscape.
The market report tracks the global sales of SAP Cloud Platform Services in 20+ high growth markets, along with analysing the impact of COVID-19 has had on information & communication technology (ICT) industry and SAP Cloud Platform Services sector in particular.
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How will Sales of SAP Cloud Platform Services will foster in 2021 and beyond?
In its latest report, Fact.MR offers an exhaustive overview of the global SAP Cloud Platform Services market with focus on key dynamics, including drivers, restraints, opportunities, trends and detailed information about the global SAP Cloud Platform Services market structure.
SAP Cloud Platform Services market sales across the world will rise with the increasing adoption of wireless technology and penetration of digital media. With the outbreak of COVID-19, companies have become heavily reliant on digital platforms for the survival.
In the post-digital world, digital realities and advanced technologies such as artificial intelligence and internet of thinking & related products/services will be in trend. Technological adoption rate is increasing exponentially, which will bolster the industry growth.
ICT companies. are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
China's ICT industry will register high growth opportunities, especially as tech companies focus on digital transformation in the field of robotic process automation, data theft security, cloud & edge computing and cybersecurity.
Market players across China are shifting their focus on customer needs by taking a more nuanced approach through new service offering and by adopting various strategies such as product development and innovation.
The ICT sector across the U.K., France, and Germany will register robust growth during the forecast period owing to the increasing research & development activities for the development of novel technologies. Rising adoption of artificial intelligence and big data science among the ICT service providers will boost the growth.
Advent of 5G wireless technology across India will aid the growth of ICT sector combined with the adoption of edge computing within various end-use sectors such as healthcare, automotive and food & beverage industry. Emergence of e-commerce platforms within the manufacturing companies of diverse end-use sectors will improve the demand over the coming years.
Rise in adoption of autonomous vehicles across South Korea and Japan is improving the adoption of computing technologies for higher connectivity in the automobiles. This trend will strengthen the growth of ICT industry.
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Global SAP Cloud Platform Services Market by Category
By Service Type :
Strategy & Consulting Services
Proof of Concept (PoC) Services
Migration Services
Integration Services
System Conversion Services
By Enterprise Size :
Small and Medium Scale Enterprises
Large Scale Enterprises
By End Use Industry :
BFSI Industry
Consumer Goods & Retail Industry
Energy & Utility Industry
Government Industry
Media & Entertainment Industry
IT & Telecom Industry
Manufacturing Industry
Healthcare Industry
Others
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Competitive Landscape
Fact.MR profiled the following key cloud platform services manufacturers in its report are SAP SE, Plc., Wipro Limited, Infosys Limited, Capgemini SE, Atos SE, DXC Technology, HCL Technologies, Cognizant Technology Solutions Corp and Tata Consultancy Services Limited. Key manufacturers are constantly innovating product designs to meet the modern day challenges pertaining to components placement in the engine environment.
For instance,
On January 27, 2021, SAP SE launched software and service package called "Rise with SAP", a new collection of service and software, to assist customers with cloud migration and digital transformation initiatives.
On February 16, 2021 an on-premises and SAP cloud software consulting partner in the UK. This acquisition will help to expand the SAP services in UK Market.
Key Regions Analysed
North America
Latin America
Europe
Asia-Pacific
Middle East & Africa
Key Country-wise Inclusions
US SAP Cloud Platform Services Market
Canada SAP Cloud Platform Services Sales
Germany SAP Cloud Platform Services Production
UK SAP Cloud Platform Services Industry
France SAP Cloud Platform Services Market
Spain SAP Cloud Platform Services Supply-Demand
Italy SAP Cloud Platform Services Outlook
Russia & CIS Market Analysis
China SAP Cloud Platform Services Market Intelligence
India SAP Cloud Platform Services Demand Assessment
Japan SAP Cloud Platform Services Supply Assessment
ASEAN SAP Cloud Platform Services Market Scenario
Brazil SAP Cloud Platform Services Sales Analysis
Mexico SAP Cloud Platform Services Sales Intelligence
GCC SAP Cloud Platform Services Market Assessment
South Africa SAP Cloud Platform Services Market Outlook
For More Insights-https://www.globenewswire.com/news-release/2022/03/09/2400432/0/en/Low-Code-Development-Industry-is-Projected-to-Achieve-a-Global-Market-Size-of-US-187-Bn-by-2032-Currently-US-Accounts-For-the-Largest-Market-Share-in-the-World.html
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