The report, titled “Global Cloud Computing Market” analyses the regional and global market on the basis of an operational model for services, deployment model, the end-user, as well as the region. The RationalStat report offers a thorough analysis of the market’s historical and projected size, along with growth estimates for each year.
It is anticipated that the Cloud computing industry is divided into deployment models, service types, end-user, and locations. The report provides a study of market shares, an overview of the competition and strategic imperatives, as well as future growth strategies, global adoption of cloud computing and growth possibilities, and a competitive assessment of the key players in the global market for cloud computing.
The Market and its Dynamics Cloud computing will increase over the forecasted time.
The market for cloud computing is predicted to expand at a rate of 15% or more during the period 2022-2028. According to the International Telecommunication Union (ITU), the percentage of users connected to the internet has risen significantly from 43 percent between 2016 and 2021. The explosion of digital content as well as the rise in internet usage has led to the growth of the global cloud computing market in recent years.
The global market for cloud computing is expected to witness significant growth over the next 6 years, mostly due to the growing demand for business continuity software and services, the increasing inclination of businesses toward agility and automation, and a higher ROI with less storage and infrastructure costs. Furthermore, the integration with big data AI and machine learning, and cloud computing will further boost the market for the cloud computing market globally.
Based on revenues, North America is dominating the market because of the rapid use of technology such as AI robots, IoT as well as Cloud. The Asia Pacific is expected to experience substantial growth due to a large number of companies and the keen focus given to them on growing within the region. Private and public sectors will contribute to increasing cloud adoption across all countries in Europe.
Segmental Analysis
Competition Analysis
The global cloud computing market is fragmented in nature with the presence of various prominent players in the market. The global market comprises a vibrant start-up ecosystem and is expected to have more than 100 startups developing and innovating solutions and services for consumers. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Acquisitions and product launches are among the key strategies adopted by major industry players. For instance,
Some of the prominent players involved in the global cloud computing market include Adobe Inc., Alphabet Inc. (Google Inc.), Amazon.com Inc., Cisco Systems Inc., Hewlett Packard Enterprise, IBM Corp., Microsoft Corp., Oracle Corp., Salesforce, Inc., SAP SE, and VMware, Inc., among others.
RationalStat has segmented the global cloud computing market on the basis of service model, deployment model, end-user, and region.
For more information about this report visit https://store.rationalstat.com/store/global-cloud-computing-market/
About RationalStat LLC
RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, procurement intelligence, data analytics, and analytical dashboards.
Contact
RationalStat LLC
Kimberly Shaw, Content and Press Manager
sales@rationalstat.com
Phone: +1 302 803 5429
Overview and Scope Nail care products refer to a variety of cosmetics and tools designed…
Overview and Scope Livestock identification refers to the process of uniquely identifying individual animals or…
Overview and Scope Healthcare gamification refers to the incorporation of game elements, such as competition,…
Overview and Scope Electronic design automation (EDA) refers to a category of software tools that…
Overview and Scope Medical image management encompasses the efficient handling and organization of diverse medical…
Overview and Scope Insolvency software refers to specialized tools and applications to assist businesses, financial…