SNS Insider pvt ltd Based on SNS Insider’s research, the convergence of cost efficiency, global accessibility, security advancements, technological innovations, digital transformation imperatives, and the rising importance of data analytics collectively contribute to the unprecedented expansion of the cloud applications market. Pune, Jan. 29, 2024 (GLOBE NEWSWIRE) — “The Cloud Applications Market , as per the SNS Insider report, achieved a valuation of USD 232 billion in 2022 and is projected to attain USD 755.3 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 15.9% during the forecast period spanning from 2023 to 2030.” Market Overview Cloud applications, commonly known as Software as a Service (SaaS), provide users with access to software and its functionalities over the internet without the need for local installations. This paradigm shift from traditional on-premises software to cloud-based solutions has not only streamlined processes but has also catalyzed innovation across various industries. Market Analysis As organizations embark on the journey of digital transformation, cloud applications play a pivotal role in enhancing operational efficiency and agility. The need for seamless integration, real-time collaboration, and data-driven decision-making has fueled the growth of the cloud applications market. The paradigm shift towards remote work, accelerated by […]