According to a new study by Polaris Market Research. The report “Cloud Computing Market Share, Size, Trends, Industry Analysis Report, By Service, By Deployment (Public, Private, Hybrid), By Enterprise Size, By End-use, By Region; Segment Forecast, 2021–2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
“According to the most recent research study, the demand of global cloud computing market is predicted to be valued at approximately USD 371.35 billion in 2020 and is expected to reach a value of around USD 1,418.09 billion by 2028, at a CAGR of around 18.0% between 2021-2028”
Cloud Computing Market Report Overview :
There are few prominent factors like the growing trend of remote working and increasing expenditure on cloud computing across various industries that are driving the market in the upcoming scenario.
Also, the advent of developing technologies such as machine learning, big data, SaaS, and artificial intelligence (A.I.) allows numerous companies to deploy A.I. proficiencies that facilitate cloud-based technology growth. Moreover, the growing demand for scalable, cost-effective, and secured services & solutions is attributed to the globe’s on-demand computing market growth.
The large enterprise segment is leading the industry with the largest revenue shares owing to the factors such as the deployment of on-demand computing increased flexibility, reduced operational costs, and helps in building applications. The rise in demand of these factors will drive the on-demand computing industry.
Get a sample copy of this research report: https://www.polarismarketresearch.com/industry-analysis/cloud-computing-market/request-for-sample
Top key players profiles included in the market:
*Note: Additional companies can be included on request
The forenamed market is divided into various essential sectors, including service, deployment, enterprise size, end-use, and region. The report gives an intensive study about each segment in accordance with acceptance, value, demand, and growth prospects (2021-2028). Segmentation analysis enables customers to customize their marketing approach to perform better and identify the most prospective customer base. The study document contains an exact evaluation of the upcoming trends and changes observed in consumer behavior.
Key Questions Answered By Report:
The report traces key market drivers, covering potentially lucrative opportunities and challenges as well as drivers, obstacles, issues, and risks. The research methodology includes interviews with various representatives of the global Cloud Computing industry along with primary and secondary research to offer the clients information and strategies to fight against the challenges amidst and after the COVID-19 pandemic.
Cloud Computing Market Report Scope
Report Attributes
Details
Market size value in 2020
USD 371.35 billion
Revenue forecast in 2028
USD 1418.09 billion
CAGR
18.0% from 2021 – 2028
Base year
2020
Historical data
2016 – 2019
Forecast period
2021 – 2028
Key Companies
Adobe Inc., Alibaba Group Holding Ltd., Amazon.com Inc., CenturyLink, DigitalOcean, DXC Technology, Fujitsu, Google LLC, Infor, International Business Machines Corporation, Joyent, Microsoft Corporation, and others
Segments covered
By Service, By Deployment, By Enterprise Size, By End-Use, By Region
Regional scope
North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Purchase Options
Request customized purchase options to meet your research needs. Explore purchase options
Market Extent:
The report additionally surveys both developed & developing regions considered for global Cloud Computing Market. The regional analysis offers readers a comprehensive overview of various countries and regions to help players plan effective expansion strategies. Geographically, the detailed analysis of consumption, revenue, share and growth rate, historic and forecast of the major regions have been mentioned in the report.
Impact of COVID-19:
The report analyses the COVID-19 impact on the global Cloud Computing market. The outbreak has spread around the globe with the World Health Organization declaring it a public health emergency. The global effects of coronavirus disease (COVID-19) will significantly affect the market in the forecast period from 2021-2028.
Fundamental Features of Report:
Directly Purchase a copy of the report @ https://www.polarismarketresearch.com/checkouts/9681
Segments Covered in the Report:
Cloud Computing, Service Outlook (Revenue – USD Billion, 2016 – 2028)
Cloud Computing, Deployment Outlook (Revenue – USD Billion, 2016 – 2028)
Cloud Computing, Enterprise Size Outlook (Revenue – USD Billion, 2016 – 2028)
Cloud Computing, End-Use Outlook (Revenue – USD Billion, 2016 – 2028)
Cloud Computing, Regional Outlook (Revenue – USD Billion, 2016 – 2028)
Have Any Query Or Specific Requirement? Feel Free to Ask Our Industry Experts at : https://www.polarismarketresearch.com/industry-analysis/cloud-computing-market/speak-to-analyst
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers.
Media ContactCompany Name: Polaris Market Research and ConsultingContact Person: LikhilEmail: Send EmailPhone: +1-9292-97-97-27Address:30 Wall Street 8th Floor, New York City, NY 10005, United States City: New York CityState: USCountry: United StatesWebsite: https://www.polarismarketresearch.com/industry-analysis/cloud-computing-market