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Oracle Corporation
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== Market == === '''Total Addressable Market (TAM)''' === The total addressable market (TAM) for Oracle is characterized as the worldwide information technology industry. As per research reports, the global information technology sector expanded from $8,179 billion in 2022 to $8,852 billion in 2023, registering a compound annual growth rate (CAGR) of 8.2%. By 2027, it is anticipated that the market valuation will reach approximately $11,995 billion, demonstrating a CAGR of 7.9%. The predominant catalyst fueling this anticipated expansion is poised to be cloud computing. === '''Serviceable Available Market (SAM)''' === The serviceable available market (SAM) encompassing Oracle pertains to the worldwide arena of cloud computing. As indicated by research reports, the cloud computing market is projected to escalate from $581 billion in 2023 to reach $1,243.42 billion by 2028, exhibiting a compound annual growth rate (CAGR) of 16.4%. This acceleration can be attributed to technological disruptions, particularly in areas like Artificial Intelligence and Machine Learning. Moreover, another contributing factor to this growth trajectory is the impact of the pandemic. Even post-pandemic, a portion of individuals continues to work remotely, thereby underscoring the indispensability of cloud computing for daily operations. === '''Serviceable Obtainable Market (SOM)''' === Oracle Corporation currently holds a share of approximately 2% in the cloud computing market. The company's market presence in the Software-as-a-Service (SaaS) sector stands at around 4%, while its influence in the Infrastructure as a Service (IaaS) segment is limited (Statista, 2022). There exists substantial potential for Oracle to elevate its standing in the Infrastructure as a Service domain over the forthcoming years, mainly fueled by strategic partnerships with Intel and Red Hat, coupled with endorsements from notable entities like Uber, FedEx, Toyota, and Zoom, among others. With Oracle's OCI demonstrating cost-effectiveness (in comparison to its counterparts) and high value, it's anticipated to be widely adopted by various companies aiming to develop AI models such as ChatGPT. As a result, the company is poised to erode the market share of its rivals while concurrently increasing its own. Given its substantial market share in the SaaS segment, an expansion in the IaaS market share is projected to potentially double Oracle's overall cloud computing market share within the upcoming 5 years, potentially reaching around 5%.
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