- Home
- Industries
Aerospace And Defence
Agriculture
Automotive And Transportation
Banking And Finance
Business
Chemicals And Materials
Consumer And Retail
Electronics And Semiconductors
Food And Beverages
Machinery & Equipments
Manufacturing And Construction
Medical Devices
Others
Pharmaceuticals And Healthcare
Power And Energy
Sports
Technology
- Services
- News Room
- About us
- Contact Us
-
Global Cloud Computing Industry Market Dynamics & Strategic Insights 2021-2030
Cloud computing offers a simpler, scalable, and more flexible system as compared to conventional computing systems. Cloud computing is transforming businesses across different industries by delivering hosted services through the internet with significant cost benefits. The private sector is already benefiting from cloud computing, and government organizations have started to exploit the technology. Cloud computing offers diverse advantages for governments. The government budget on ICT expenditure is significantly reduced with cloud computing, as the computing resources are outsourced to cloud providers. Governments also benefit from the reduced cost of maintenance of resources since the resources are shifted to the cloud provider.
Global Cloud Computing Market іѕ ѕеgmеntеd on the bаѕіѕ оf Deployment (Private Cloud, Community Cloud, Hybrid Cloud, and Public Cloud) Service (Platform as a Service (PaaS), Infrastructure as Service (IaaS), and Software as a Service (SaaS)) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Cloud Computing Market wаѕ vаluеd аt UЅD 356.4 Bn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 15.3% frоm 2021 tо 2030.
The report on Global Cloud Computing Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Cloud Computing Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Cloud Computing Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Cloud Computing Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Cloud Computing Market.
Market Dynamics:
Increasing demand for cloud computing due to key players are focusing on mergers & acquisitions, partnerships, joint ventures, collaborations and agreements, and product launches to sustain in a highly competitive is a key factor expected to drive the growth of the global cloud computing market. Increasing use of cloud computing to allow the users and enterprises with various capabilities to store and process data on either a privately-owned cloud or on a third-party server to make data accessing mechanisms increasingly easy and more reliable is a factor driving the growth of the global market. Also, the increase in consumption of big data, growing digital transformation among industries, rising penetration of internet and mobile devices across the globe, and are factors expected to drive the growth of the global market. The development of next-generation industrial solutions will be cloud enhanced and require a cloud platform to showcase their digital business capabilities. Rising the adoption of the Internet of Things (IoT), edge computing, 5G, use of real-time analytics enabled by Artificial Intelligence (AI) and Machine Learning (ML) is likely to boost the utility of this computing technology among organizations.
However, data security and organizations believe that their data is more secure in the in-house data centers rather than on a virtual cloud network is the key restraint for the growth of the cloud computing services market.
Segmental Analysis:
Among the deployment segments, the hybrid cloud segment is accounted for a major revenue share and is expected to maintain its dominance in the global market, due to it is more preferred enterprise strategy, while adoption of private cloud has been reducing.
Among the service segments, the Software as a Service (SaaS) segment is projected to dominate the global market, owing to its flexible costs, easy maintenance, and deployment. The rising number of companies moving towards the cloud enterprises moving almost all of their applications to SaaS platform. The IaaS and PaaS type segments have witnessed a steady demand owing to the adoption of these services by numerous industry verticals across the world.
Regional Analysis:
The North America market is expected to account for a major revenue share in the global cloud computing market over the forecast period. This is attributed to the presence of numerous vendors coupled with the higher propensity to adopt new technologies in the region. The Europe market is expected to accounts for the second-largest revenue share in the global market, due to the high adoption of cloud computing in countries such as Sweden, France, Germany, and Finland. Asia Pacific market is expected to register significant growth opportunities during the forecast period. This is attributed to the increasing availability of skilled labor and the keen focus provided by SMEs and large enterprises is a factor driving the adoption of cloud computing in this region.
Global Cloud Computing Market Segmentation:
Segmentation by Deployment:
• Private Cloud
• Community Cloud
• Hybrid Cloud
• Public Cloud
Segmentation by Service:
• Platform as a Service (PaaS)
• Infrastructure as Service (IaaS)
• Software as a Service (SaaS)
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
CA Technologies
Cisco Systems
Google
HP
Amazon.Com
IBM
Microsoft
SAP AG
Yahoo! Inc.
Oracle
Flexiant
Citrix Systems, Inc.
ENKI Consulting
Akamai Technologies, Inc.
Citrix Systems, Inc.
Global Cloud Computing Market іѕ ѕеgmеntеd on the bаѕіѕ оf Deployment (Private Cloud, Community Cloud, Hybrid Cloud, and Public Cloud) Service (Platform as a Service (PaaS), Infrastructure as Service (IaaS), and Software as a Service (SaaS)) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Cloud Computing Market wаѕ vаluеd аt UЅD 356.4 Bn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 15.3% frоm 2021 tо 2030.
The report on Global Cloud Computing Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Cloud Computing Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Cloud Computing Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Cloud Computing Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Cloud Computing Market.
Market Dynamics:
Increasing demand for cloud computing due to key players are focusing on mergers & acquisitions, partnerships, joint ventures, collaborations and agreements, and product launches to sustain in a highly competitive is a key factor expected to drive the growth of the global cloud computing market. Increasing use of cloud computing to allow the users and enterprises with various capabilities to store and process data on either a privately-owned cloud or on a third-party server to make data accessing mechanisms increasingly easy and more reliable is a factor driving the growth of the global market. Also, the increase in consumption of big data, growing digital transformation among industries, rising penetration of internet and mobile devices across the globe, and are factors expected to drive the growth of the global market. The development of next-generation industrial solutions will be cloud enhanced and require a cloud platform to showcase their digital business capabilities. Rising the adoption of the Internet of Things (IoT), edge computing, 5G, use of real-time analytics enabled by Artificial Intelligence (AI) and Machine Learning (ML) is likely to boost the utility of this computing technology among organizations.
However, data security and organizations believe that their data is more secure in the in-house data centers rather than on a virtual cloud network is the key restraint for the growth of the cloud computing services market.
Segmental Analysis:
Among the deployment segments, the hybrid cloud segment is accounted for a major revenue share and is expected to maintain its dominance in the global market, due to it is more preferred enterprise strategy, while adoption of private cloud has been reducing.
Among the service segments, the Software as a Service (SaaS) segment is projected to dominate the global market, owing to its flexible costs, easy maintenance, and deployment. The rising number of companies moving towards the cloud enterprises moving almost all of their applications to SaaS platform. The IaaS and PaaS type segments have witnessed a steady demand owing to the adoption of these services by numerous industry verticals across the world.
Regional Analysis:
The North America market is expected to account for a major revenue share in the global cloud computing market over the forecast period. This is attributed to the presence of numerous vendors coupled with the higher propensity to adopt new technologies in the region. The Europe market is expected to accounts for the second-largest revenue share in the global market, due to the high adoption of cloud computing in countries such as Sweden, France, Germany, and Finland. Asia Pacific market is expected to register significant growth opportunities during the forecast period. This is attributed to the increasing availability of skilled labor and the keen focus provided by SMEs and large enterprises is a factor driving the adoption of cloud computing in this region.
Global Cloud Computing Market Segmentation:
Segmentation by Deployment:
• Private Cloud
• Community Cloud
• Hybrid Cloud
• Public Cloud
Segmentation by Service:
• Platform as a Service (PaaS)
• Infrastructure as Service (IaaS)
• Software as a Service (SaaS)
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
CA Technologies
Cisco Systems
HP
Amazon.Com
IBM
Microsoft
SAP AG
Yahoo! Inc.
Oracle
Flexiant
Citrix Systems, Inc.
ENKI Consulting
Akamai Technologies, Inc.
Citrix Systems, Inc.
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
Select Licence Type
Connect with our sales team
Why Future Market Outlook
100%
Customer
Satisfaction
24x7+
Availability - we are always
there when you need us
200+
Fortune 50 Companies trust
Future Market Outlook
80%
of our reports are exclusive
and first in the industry
100%
more data
and analysis
1000+
reports published
till date
