Top 4 Vendors Account for Over 30% Share of the SAP Cloud Platform Services Market – Fact.MR Survey

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.

The report offers actionable and valuable market insights of SAP Cloud Platform Services. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of SAP Cloud Platform Services Market across various industries and regions.

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The global SAP cloud platform services market is estimated at USD 443 Million in 2022 and is forecast to reach USD 7,000 Million by 2032, growing at an exciting CAGR of 31% during 2022-2032.

Report Attributes Details
Market Size Value in 2021A USD 340 Million
Market Value Estimated in 2022E USD 443 Million
Market Value Forecast in 2032F USD 7,000 Million

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of SAP Cloud Platform Services market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of SAP Cloud Platform Services

This newly published and insightful report sheds light on Market Insights of SAP Cloud Platform Services, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of SAP Cloud Platform Services Market.

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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: Top companies in SAP Cloud Platform Services Market

Fact.MR profiled the following key cloud platform services manufacturers in its report are SAP SE, Accenture 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, 2021SAP 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, 2021Accenture acquired Edenhouse, an on-premises and SAP cloud software consulting partner in the UK. This acquisition will help the Accenture to expand the SAP services in UK Market.

Few Takeaways Highlighted in the Report

  • End users of SAP cloud platform services continue to showcase higher preference for strategy and consulting services; POC (Proof of Concept) service likely to gain high traction
  • Small and medium enterprises to pave potential growth avenues for SAP cloud platform services vendors worldwide; large enterprises showcase a steadily growing inclination towards cloud services
  • IT and telecom industry account for a higher share of the SAP cloud platform services market in 2017 followed by BFSI sector
  • Consumer goods & retail and manufacturing sectors to showcase increasing preference in SAP cloud platform services in 2018
  • United States to remain an attractive market for SAP cloud platform services accounting for over 30% revenue share of the overall market in 2017

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Key Question answered in the survey of SAP Cloud Platform Services market report:

  • Sales and Demand of SAP Cloud Platform Services
  • Growth of SAP Cloud Platform Services Market
  • Market Analysis of SAP Cloud Platform Services
  • Market Insights of SAP Cloud Platform Services
  • Key Drivers Impacting the SAP Cloud Platform Services market
  • Which are the Key drivers impacted by SAP Cloud Platform Services market
  • Restraints Shaping Market Growth
  • Market Survey of SAP Cloud Platform Services

More Valuable Insights on SAP Cloud Platform Services Market

Fact.MR, in its new report, offers an unbiased Market Analysis of SAP Cloud Platform Services, Sales and Demand of SAP Cloud Platform Services, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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