Cloud computing has developed very important in the modern era, from games to software used by offices and institutions. E-commerce is gaining a lot of popularity in the sense of a lockdown to sell food and other important supplies. Cloud computing is on the growth during the pandemic since it rises the ability of businesses to review relevant data in order to ensure abetter response. Cloud computing also deliversmain efficiency developments for types of work that are not appropriate for telecommuting. Cloud computing improves the efficiency of operations such as online marketing, web design, engineering, back-office work, editing, and other remote work. Skype, TeamViewer, Click Meeting, and Slack are constantly dependent on the cloud for trouble-free operations and uninterrupted. The requirement for cloud computing has become more obvious in this outbreak, particularly since the national lockdown. Businesses cannot work without cloud solutions, and the integration of such solutions has ensured the stability of web-based platforms and services. The cloud technology acceptance is expected to rise in sectors where the WFH enterprise is helping to sustain enterprise business functions.

Global Cloud Computing Market is projected to grow up to USD 1,045.65 billion by 2027 growing at a CAGR of 18.55% during the forecasting period 2022-2027.

Report Scope

The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The studyincludes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.

Major Market Players

The key players of the market are Amazon.com Inc., Microsoft Corporation, SAP SE, Alphabet Inc, Oracle Corporation, Cisco Systems, Inc., Salesforce.com, Inc., VMware, Inc., IBM Corporation, Alibaba Group Holding Ltd., Dell EMC Corp., Rackspace Inc., Adobe Systems Inc., SAS Institute Inc, and TIBCO Software Inc.

The Global Cloud Computing Market report has been categorized as below     

By Service Model

• Software as a Service
• Infrastructure as a Service
• Platform as a Service

By Deployment Mode

• Private
• Public
• Hybrid Cloud

By Organization size

• Small- and Medium-Sized Enterprises
• Large Enterprises

By Vertical

• Banking
• Financial Services and Insurance (BFSI)
• IT and Telecommunications
• Government and Public Sector
• Retail and Consumer Goods
• Manufacturing
• Energy and Utilities
• Media and Entertainment
• Healthcare and Life Sciences
• Others

By Region

• North America
• Europe
• Asia Pacific
• Rest of the World

The years considered for the study are as follows:

• Base year – 2021
• Estimated year – 2022
• Projected year – 2023
• Forecast period – 2022 to 2027

Key Questions Addressed by the Report

• New products/service competitors are exploring?
• Key players in the Cloud Computingmarket and how extreme is the competition?
• What are the futuremarket trends that manufacturers are emphasizing on in the future updates?
• For each segment, what are the crucial opportunities in the market?
• What are the key growth strategies embraced by key market players in the market?
• What are the key success strategies adopted by major competitors in the market?

Why Buy this Report:

• Obtain comprehensive insights on the Cloud Computing& market trends
• Note comprehensive analysis of the market status
• Identifies the market opportunities and growth segments
• Assessing business segments & product portfolios, and explain competitive dynamics
• Provide strategy planning and industry dynamics to strengthen decision making

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