Monday, December 11, 2023

Cloud Computing Market Size Growth Set to Surge Significantly during 2023-2030

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The research report on the Global Cloud Computing Market is formulated with insightful data that will help the established companies and new entrants to analyze the business trends and capitalize on investment strategies The large enterprises segment is expected to account for largest revenue share in the global market over the forecast period. Large enterprises can benefit from cloud computing in various ways, such as lowering costs, scaling up or down quickly, improving collaboration, and increasing security. By adopting cloud services, businesses can eliminate the need for in-house servers and storage, resulting in reduced IT infrastructure expenses. Cloud computing also allows businesses to be more agile and adaptable by enabling them to easily adjust their computing resources in response to changing demands. In addition, cloud services promote better teamwork by facilitating collaboration among employees across different departments and locations, leading to improved productivity.

Furthermore, cloud providers often offer robust security features, which help enterprises protect their data and systems from cyber threats. The report also provides profiles of key competitive players and their strategies and operating procedures. The report further provides insights into the opportunities and threats that the industry may witness in the upcoming years, throughout the forecast period. New entrants and top players can benefit from the data offered by the report to plan effective business and investment strategies. Additionally, the report provides a comprehensive analysis of current and emerging trends.

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The global Cloud Computing market consists of various segments, including product type outlook, application spectrum, end-user overview, leading regions, and the competitive analysis. The report further provides information regarding the value chain, emerging market sectors, and the technological advancements in the industry to benefit readers and businesses looking to invest in this industry.

The leading market contenders listed in the report are:

Adobe, Google LLC, Alibaba Group Holding Limited, IBM,, Inc., Oracle, Salesforce, Inc., Microsoft, SAP, VMware, Inc.

Major Geographies Covered in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Target Audience of the Report:

  • Leading Companies
  • Large, medium-sized, and small enterprises
  • Investors
  • Value-Added Resellers (VARs)
  • Venture capitalists
  • Third-party knowledge providers

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Service Outlook (Revenue, USD Billion; 2019–2032)

  • Infrastructure As a Service (IaaS)
  • Platform As a Service (PaaS)
  • Software As a Service (SaaS)

Deployment Mode Outlook (Revenue, USD Billion; 2019–2032)

  • Public
  • Private
  • Hybrid

Organization Size Outlook (Revenue, USD Billion; 2019–2032)

  • Small & Medium-Sized Enterprises (SMEs)
  • Large Enterprises

Organization Size Outlook (Revenue, USD Billion; 2019–2032)

  • BFSI
  • IT & Telecom
  • Retail & Consumer Goods
  • Manufacturing
  • Energy & Utilities
  • Healthcare
  • Media & Entertainment
  • Government & Public Sector
  • Others

The global Cloud Computing market report evaluates the latest economic scenario in terms of value and volume. It highlights the key growth drivers, restraints, production capacity, demand & supply ratio, import/export status, growth rate, and other critical aspects. Additionally, the report also performs SWOT analysis, Porter’s Five Forces analysis, speculation attainability investigation, and venture return investigation.

Some Key Highlights From the Report:

  • On 11 November 2022, a leading provider of domestic Information Technology (IT) services, Wipro, announced a partnership with VMware, a cloud computing service provider located in the U.S. As part of the partnership, Wipro will continue to operate a VMware business unit to provide its customers with access to the latter’s platform.
  • Through Wipro’s cooperation with VMware, businesses will be able to provide their security standards and other services to a distributed workforce using the latter’s cloud computing and remote work platform, among other services. Through Wipro’s cooperation with VMware, businesses will be able to provide their security standards and other services to a distributed workforce using the latter’s cloud computing and remote work platform, among other services.
  • Market in Asia Pacific is expected to account for largest revenue share during the forecast period, which is attributed to increasing activities by key market players in countries in the region. For instance, on 4 April 2023, Oracle announced intentions to establish a second cloud region in Singapore to address the rapidly rising demand for its cloud services in South East Asia.
  • The new area is one of 10 planned public regions that will join the 41 regions that Oracle currently runs, continuing one of the quickest growth of any significant cloud provider. The area will provide Oracle’s clients and partners in the public and private sectors with a new choice for where to host their infrastructure, apps, and data for the best performance and latency.

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Key reasons to buy the Global Cloud Computing Market report:

  • The latest report comprehensively studies the global Cloud Computing market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  • The report offers an insightful analysis of the regional outlook of the market.
  • It offers a detailed account of the end-use applications of the products & services offered by this industry.
  • The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

Thank you for reading our report. For further details or to inquire about customization, please get in touch with us. We assure you that your report will be designed as per your requirements.

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