[190+ Pages PDF Report] Global cloud computing market was approximately USD 321 Billion in 2019 and is anticipated to reach USD 1025.9 Billion, at a CAGR of 18% by 2026.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the cloud computing industry. The report analyzes and declares the historical and current trends analysis of the cloud computing industry and subsequently recommends the projected trends anticipated to be observed in the cloud computing market during the upcoming years.
The cloud computing market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire cloud computing market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volumes (Units) and value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the cloud computing industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the cloud computing industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the cloud computing market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the cloud computing industry. The cloud computing market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the cloud computing sector. Key strategic developments in the cloud computing market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the cloud computing market are appropriately highlighted in the report.
Cloud computing is an information technology service delivery model where computing resources and software tools are offered by third-party service providers through the Internet network. Cloud computing provides various advantages over on-site hardware infrastructure, such as fast installation, scalability, low cost, mobile support, and lower network maintenance.
Regional Analysis: Cloud Computing Market
In recent years, the growing adoption of cloud computing technology among enterprises has expanded market growth. Moreover, the growth in digital disruptions across every organization has significantly influenced the global market growth. Furthermore, the rise in globalization in emerging economies of India, Brazil, and China will accelerate the communication and technology sector. Thereby, advances in the technology sector will cater to these cloud computing vendors’ huge opportunities to earn profits over the analysis period.
The cloud computing market research report delivers an acute valuation and taxonomy of the cloud computing industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the cloud computing industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the cloud computing industry is provided for the leading economies of the world. The U.S. Healthcare Cloud Computing Market is expected to reach USD 30,231 Million By 2027
Key Segments: Cloud Computing Market
The cloud computing market is segmented based on the service model, deployment model, organization size, and vertical. On the basis of service model segmentation, the market is classified into infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). In terms of deployment model segmentation, the market is bifurcated into public, private, and hybrid. On the basis of organization size, the market has been segmented into large enterprises, small and medium-sized enterprises. The vertical segment has been further bifurcated into banking, financial services, and insurance (BFSI), IT & telecom, government & public sector, retail, healthcare, energy and utilities, media and entertainment, and manufacturing amongst others.
Major Market Players
Some of the essential players operating in the cloud computing market, but not restricted to include Amazon.com Inc., Microsoft Corporation, Alphabet Inc., Oracle Corporation, Cisco Systems, Inc., Salesforce.com, Inc., SAP SE, VMware, Inc., IBM, Rackspace Inc., Adobe Systems Inc., SAS Institute Inc., Dell EMC Corp., and TIBCO Software Inc. amongst others.
The taxonomy of the cloud computing industry by its scope and segmentation is as follows:
Global Cloud Computing Market: By Service Model Segmentation Analysis
Global Cloud Computing Market: By Deployment Model Segmentation Analysis
Global Cloud Computing Market: By Organization Size Segmentation Analysis
Global Cloud Computing Market: By Vertical Segmentation Analysis
Global Cloud Computing Market: Regional Segmentation Analysis
KEY REPORT POINTERS & HIGHLIGHTS:
Table of Content
Key Insights from Primary Research
Key Recommendations from Analysts
Industry Major Market Players
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