Cloud Business Solutions, Social Media, and Platform Systems of Engagement Markets to Represent US$123 bn Opportunity by 2019


Published Date : May 02, 2016

Albany, New York, May 02, 2016: According to a new market research report added to the vast database of MarketResearchReports.biz, the demand for cloud business solutions, social media, and platform systems of engagement is expected to exhibit continuing growth. The report, which is titled, “Cloud Business Solutions, Social Media, And Platform Systems Of Engagement: Market Shares, Strategy, And Forecasts, Worldwide, 2013 To 2018,” is composed of 673 pages. It also features as many as 165 figures and tables covering the state of the market through the five-year period in detail.

With the deployment of cloud-based systems reaching an all-time high, it is now possible to effectively and consistently support information collection. Since much of this information is now being collected via mobile points, devising appropriate solutions for the same is imperative. With appropriate systems of engagement in place, organizations are now finding it easier to make the most of apps available in the market, thus providing a boost to the apps segment.

The new line of apps and engagement systems available on the market today enable organizations to export data in the form of easy-to-understand visual data such as graphs, tables, and charts. This not only lends more transparency in data collection, but also ensures that organizations do not miss between-the-lines information.

Thus, the availability of new engagement systems is key to gathering institutional knowledge, especially from the ever so popular channels such as social media. Moreover, many of these new solutions available on the market have within them features to translate data from one language to another. This widens their appeal to a global audience.

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Among the key points that the study touches upon are the key systems of engagement that will help stakeholders understand how more and more small enterprises are entering the folds of the cloud, social media, and platform systems of engagement. This marks a dramatic shift from the conventional sections of the clouding solutions market. Despite this, it will be a while before the dominance of larger market participants can be challenged by the newer, smaller entrants in this space. Nevertheless, the dynamics in this space will continue to remain fluid because of the still burgeoning use of tablets and smartphones, especially in markets that are still up and coming.

According to the report, the global market for cloud business solutions, social media, and platform systems of engagement will display promising growth in the next three years. The report notes that the markets for cloud solutions approximated US$34.7 bn as of 2013. The market will grow by leaps and bounds to touch a sizeable US$123 bn by the end of 2019. The integration of front end data collected from the web and back-end data gleaned from transaction systems with the massive amounts of data gathered from smartphones will create a wider scope for the deployment of cloud computing solutions, notes the report.

Players profiled in the report include Google, IBM, Fujitsu, Amazon, Cisco, and others.

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