Global Cloud Computing market revenue to reach US$ 1200 Bn by 2028: Ken Research

 What is the Size of Global Cloud Computing Industry?

Global Cloud Computing market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Cloud Computing Market is largely driven by the growth in big data and higher adoption of artificial intelligence and machine learning. Moreover, the adoption of cloud-based solutions in developing economies such as India, China, Brazil, and Africa is expected to drive market growth in the near future.

The widespread adoption of AI and ML technologies in businesses has increased data usage, which has further boosted big data services. This increased consumption of data and the requirement of efficient computational solutions for AI and ML is expected to create a larger opportunity space for Cloud Computing service providers.

Cyber-attacks pose a major threat to cloud operations. Additionally, the lack of resources and technical skills required to operate cloud platforms and infrastructure pose challenges to the market growth

The Covid-19 pandemic accelerated the demand for collaboration solutions, remote-working models, and remote IT services, which in turn created a greater demand to utilize and adopt cloud computing solutions across different industry verticals.

With the substantial increase in the demand for streaming platforms, such as Amazon Prime, Disney+, Twitch, Netflix, Hulu, YouTube, and Apple TV and the surge in Video-on-Demand (VoD) has augmented the demand for Infrastructure as a service (IaaS) to tackle consumer demands.

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Global Cloud Computing market by service

The Global Cloud Computing market is segmented by Service into IaaS, PaaS & SaaS.

The SaaS segment dominated the market among services of the Global Cloud Computing Market in 2022.

SaaS products are expected to witness strong growth in the forthcoming years as their total cost of ownership (TCO) will be equal to that of the on-premise deployment models. The increasing number of businesses offering cloud-based services and increasing preferences for SaaS delivery models are expected to accelerate SaaS segment growth throughout the forecast period.

SaaS offers a pay-as-you-go model that gives organizations greater flexibility and web-based subscriptions to access the program remotely. The SaaS delivery model focuses on delivering software solutions that have the potential to reach a wider audience.

Global Cloud Computing market by deployment

The Global Cloud Computing Market is segmented by Deployment on the basis of private, public and hybrid.

The Hybrid segment accounted for the majority share among deployment modes of the Global Cloud Computing Market in 2022 and is expected to showcase the highest growth rate during the forecast period (2022-2028).

Hybrid cloud is a cloud computing environment that practices a mix of on-premises, private cloud, and third-party, public cloud services with instrumentation between the two platforms.

A hybrid model allows businesses to significantly switch between their on-premise infrastructure and public cloud services depending on the need for sensitive data and computation.

Global Cloud Computing market by End-User

The Global Cloud Computing market is segmented by End-User into Banking, Financial, Services, and Insurance, IT and Telecom, Retail & Consumer Goods, Manufacturing, Energy & Utilities, Healthcare, Media & Entertainment, Government & Public Sector and Others.

The healthcare segment accounted for the largest market share among end-users of the Global Cloud Computing Market in 2021 and is expected to showcase the highest growth rate during the forecast period (2022-2028).

Growing adoption of artificial intelligence and machine learning solutions by various retail and healthcare service providers is expected to boost the Cloud Computing Market during the forecast period

Global Cloud Computing market by Enterprises

The Global Cloud Computing market is segmented by enterprises into SMEs and Large enterprises.

Large enterprises segment captured the largest market share among enterprise segments of the Global Cloud Computing Market in 2021 and is expected to showcase the highest growth rate during the forecast period (2022-2028).

The adoption of cost-efficient cloud solutions in the large enterprises segment is growing due to lesser downtime, and fewer expenditures than internal servers.

 Cloud computing solutions prevent conflicts and complications arising due to large sets of data gathered from large enterprises by enabling better data and document control.

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Key Topics Covered in the Report

• Snapshot of Global Cloud Computing Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Cloud Computing Market
• Historic Growth of Overall Global Cloud Computing Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Cloud Computing Industry
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• Covid 19 Impact on the Overall Global Cloud Computing Market
• Future Market Forecast and Growth Rates of the Total Global Cloud Computing Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of Cloud Computing Market
• Major Production / Consumption Hubs in the Major within Each Region
• Major Production/Supply and Consumption/Demand Hubs within Each Major Country
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region 

Leading Companies Mentioned in the Report

• Microsoft Corporation
• Amazon Web Services
• Salesforce. Com, Inc.
• Oracle Corporation
• Systems, Application & Products in Data Processing
• Google LLC
• Workday Inc.
• Adobe System Incorporation
• International Business Machines
• Alibaba Group Holding Limited
• Virtual Machine Software
• Hewlett Packard Enterprise

Notable Emerging Companies Mentioned in the Report

• OutSystems
• Onecloud
• IntelePeer
• Nodejitsu Inc.
• Activestate
• The cloud Connectors
• Gogiro
• Hexagon data
• Power Host
• IDESK
• MCM Telecom

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Cloud Computing Solution Companies
• Cloud Computing Platform Companies
• Potential Investors in Cloud Computing Companies
• ML Solutions and Service Providers
• Government Ministries and Departments of Information Technology
• AI Solution Providers
• Potential Investors for AI
• Cloud-based Developers
• Institutional Investors
• Investors and Financial Community Professionals
• Investment Funds
• Cloud Computing Research Organizations
• Research & Development Institutes
• Cloud Computing Association 

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below:-

Global Cloud Computing market

3 Key Insights on Competitive Landscape in Global Cloud Computing Market: Ken Research

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Global Cloud Computing Market is Highly Competitive with the Presence of about ~500 Competitors Comprising a Large Number of Country-Niche Players, Regional Players, and Global Players, finds a recent market study on Global Cloud Computing Market by Ken Research

Cloud Computing is the online delivery of IT resources on demand of consumer instead of buying, owning, and maintaining physical, and the payment of the resources are done on how much consumers consume. Cloud services can either be public or private, yet these are typically delivered by third parties through various endpoints like websites, application software, and mobile apps.

Ken Research shares 3 key insights on this high opportunity market from its latest research study

Country Niche Players Constitute ~60% of Total Number of Competitors, While Regional Companies Constitute ~30% of Competitors in 2021.

A comprehensive competitive analysis conducted during the Research Study found that the Global Cloud Computing Market is highly competitive with ~500 players, including globally diversified players, regional players, and a large number of country-niche players with their niche in advancement in cloud-based solutions for multiple end-user industries. The major global cloud solution companies, including Microsoft, AWS, Salesforce, Oracle, SAP, Google, Workday, Adobe, IBM, Alibaba, VMware, and HPE are expected to maintain their leading positions during the forecast period. The country-niche players are more focused on R&D to find out the investor’s behavior towards the market and the partnership. Whereas some of the players who involve in creating cloud-based solutions get acquired by global players seeking to grow and diversify quickly.

Global Players' and Focused Organizations Ongoing Efforts to Provide Diverse Cloud Solutions to End-User Industries Are Driving Their Revenue Growth In This Market.

Detailed comparative analysis of key competitors available within the Research Study shows that many cloud-based service providers are indulging in partnership, acquisition, and product launches to expand the cloud market in various regions. Moreover, various companies are also investing in a cloud-based solution for growth perspective.

• In November 2021, IBM Corporation introduced the IBM cloud for telecommunication with more than 35 partners that have committed to join IBM’s ecosystem to drive business transformation. This launch assisted telecommunication providers in addressing fast business change, special challenges to the highly regulated industry, and enhancing agility to leverage the power of 5G and edge computing.
• In December 2020, Adobe acquired Workfront, an online work management software that connects people and works across the market. The acquisition aimed to give leading brands access to a single system to support planning, collaboration, and governance, to unlock organizational productivity.
• In May 2021, Google Cloud launched Vertex AI, the latest managed machine learning platform. Vertex AI is designed to make it easier for developers to deploy and maintain their AI models. This latest product allows better deployments for a new generation of AI that would empower data scientists and engineers to do fulfilling and creative work. 

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The Ongoing COVID-19 has noticeably contributed to the development of the Cloud Computing Market.

The outbreak of the COVID-19 pandemic impacted businesses drastically, stifling innovation, suppressing profitability, and drying up cash flow and financial reserves. IT and software development industries had been facing challenges due to this unforeseen outbreak.

Although all the outcry against COVID-19 has produced personal, professional, and community life, it also presented business opportunities. Thus, cloud computing solutions support teams in learning to collaborate, and businesses to adopt the remote working models. This scenario has propelled market growth in recent years. Multiple companies in different verticals have adopted the work-from-home model, driving up demand for Software-as-a-Service (SaaS)-based solutions. Moreover, Companies were also involved in new strategic development and product launches to retain their market share.

In March 2021, IBM released the IBM Cloud Satellite, an extension of the IBM Public Cloud. The IBM Public Cloud enabled its enterprise clients to launch consistent cloud services anywhere and in any environment across any cloud, on-premises, or at the edge.

The post-pandemic trends have enhanced the need for agility in how companies use smart technologies like mobile supercomputing, big data, IoT, and artificial intelligence. The Cloud Computing Market saw an increase in demand as businesses continued to move workloads from analog to digital formats.

Key Companies and Governments Focus on Promoting Cloud Computing as a part of Learning and Development Across Different Verticals. 

• In June 2020, Microsoft launched a global skilled initiative aimed at bringing more digital skills to 25 million people worldwide by the end of the year. This initiative brings together every part of the company, combining existing and new resources from LinkedIn, GitHub, and Microsoft.
• In July 2020, Amazon Web Services (AWS) announced that seven higher education institutions in India will adopt cloud computing curricula from its AWS Educate initiative to help develop the next generation of cloud professionals. The cloud computing content will be offered as part of undergraduate degree and postgraduate diploma programs starting in September 2020.
• In July 2022, ServiceNow, a business model based on providing products using SaaS cloud computing software, and Microsoft are aligned to help customers in the federal market move into private cloud, shared cloud, or trusted cloud offerings so they can realize the benefits and value of cloud services. Agencies can then accelerate key initiatives, such as security and zero trust while leveraging analytics and insights directly within their cloud instance.

Request For Sample Report @https://bit.ly/3VBG3AO

Key Topics Covered in the Report

• Snapshot of Global Cloud Computing Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Cloud Computing Market
• Historic Growth of Overall Global Cloud Computing Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Cloud Computing Industry
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• Covid 19 Impact on the Overall Global Cloud Computing Market
• Future Market Forecast and Growth Rates of the Total Global Cloud Computing Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of Cloud Computing Market
• Major Production / Consumption Hubs in the Major within Each Region
• Major Production/Supply and Consumption/Demand Hubs within Each Major Country
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region 

Leading Companies Mentioned in the Report

• Microsoft Corporation
• Amazon Web Services
• Salesforce. Com, Inc.
• Oracle Corporation
• Systems, Application & Products in Data Processing
• Google LLC
• Workday Inc.
• Adobe System Incorporation
• International Business Machines
• Alibaba Group Holding Limited
• Virtual Machine Software
• Hewlett Packard Enterprise

Notable Emerging Companies Mentioned in the Report

• OutSystems
• Onecloud
• IntelePeer
• Nodejitsu Inc.
• Activestate
• The cloud Connectors
• Gogiro
• Hexagon data
• Power Host
• IDESK
• MCM Telecom

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Cloud Computing Solution Companies
• Cloud Computing Platform Companies
• Potential Investors in Cloud Computing Companies
• ML Solutions and Service Providers
• Government Ministries and Departments of Information Technology
• AI Solution Providers
• Potential Investors for AI
• Cloud-based Developers
• Institutional Investors
• Investors and Financial Community Professionals
• Investment Funds
• Cloud Computing Research Organizations
• Research & Development Institutes
• Cloud Computing Association 

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

For More Information on the Research Report, refer to below links: –

Global Cloud Computing Market: Ken Research

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Contact Us: -

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

3 Key Insights on Competitive Landscape in Global Cloud Computing Market: Ken Research

 Buy Now

3 Key Insights on Competitive Landscape in Global Cloud Computing Market: Ken Research

Global Cloud Computing Market is Highly Competitive with the Presence of about ~500 Competitors Comprising a Large Number of Country-Niche Players, Regional Players, and Global Players, finds a recent market study on Global Cloud Computing Market by Ken Research

Cloud Computing is the online delivery of IT resources on demand of consumer instead of buying, owning, and maintaining physical, and the payment of the resources are done on how much consumers consume. Cloud services can either be public or private, yet these are typically delivered by third parties through various endpoints like websites, application software, and mobile apps.

Ken Research shares 3 key insights on this high opportunity market from its latest research study

Country Niche Players Constitute ~60% of Total Number of Competitors, While Regional Companies Constitute ~30% of Competitors in 2021.

A comprehensive competitive analysis conducted during the Research Study found that the Global Cloud Computing Market is highly competitive with ~500 players, including globally diversified players, regional players, and a large number of country-niche players with their niche in advancement in cloud-based solutions for multiple end-user industries. The major global cloud solution companies, including Microsoft, AWS, Salesforce, Oracle, SAP, Google, Workday, Adobe, IBM, Alibaba, VMware, and HPE are expected to maintain their leading positions during the forecast period. The country-niche players are more focused on R&D to find out the investor’s behavior towards the market and the partnership. Whereas some of the players who involve in creating cloud-based solutions get acquired by global players seeking to grow and diversify quickly.

Global Players' and Focused Organizations Ongoing Efforts to Provide Diverse Cloud Solutions to End-User Industries Are Driving Their Revenue Growth In This Market.

Detailed comparative analysis of key competitors available within the Research Study shows that many cloud-based service providers are indulging in partnership, acquisition, and product launches to expand the cloud market in various regions. Moreover, various companies are also investing in a cloud-based solution for growth perspective.

• In November 2021, IBM Corporation introduced the IBM cloud for telecommunication with more than 35 partners that have committed to join IBM’s ecosystem to drive business transformation. This launch assisted telecommunication providers in addressing fast business change, special challenges to the highly regulated industry, and enhancing agility to leverage the power of 5G and edge computing.
• In December 2020, Adobe acquired Workfront, an online work management software that connects people and works across the market. The acquisition aimed to give leading brands access to a single system to support planning, collaboration, and governance, to unlock organizational productivity.
• In May 2021, Google Cloud launched Vertex AI, the latest managed machine learning platform. Vertex AI is designed to make it easier for developers to deploy and maintain their AI models. This latest product allows better deployments for a new generation of AI that would empower data scientists and engineers to do fulfilling and creative work.

Request For Sample Report @ https://bit.ly/3rXCUgZ

The Ongoing COVID-19 has noticeably contributed to the development of the Cloud Computing Market.

The outbreak of the COVID-19 pandemic impacted businesses drastically, stifling innovation, suppressing profitability, and drying up cash flow and financial reserves. IT and software development industries had been facing challenges due to this unforeseen outbreak.

Although all the outcry against COVID-19 has produced personal, professional, and community life, it also presented business opportunities. Thus, cloud computing solutions support teams in learning to collaborate, and businesses to adopt the remote working models. This scenario has propelled market growth in recent years. Multiple companies in different verticals have adopted the work-from-home model, driving up demand for Software-as-a-Service (SaaS)-based solutions. Moreover, Companies were also involved in new strategic development and product launches to retain their market share.

In March 2021, IBM released the IBM Cloud Satellite, an extension of the IBM Public Cloud. The IBM Public Cloud enabled its enterprise clients to launch consistent cloud services anywhere and in any environment across any cloud, on-premises, or at the edge.

The post-pandemic trends have enhanced the need for agility in how companies use smart technologies like mobile supercomputing, big data, IoT, and artificial intelligence. The Cloud Computing Market saw an increase in demand as businesses continued to move workloads from analog to digital formats.

Key Companies and Governments Focus on Promoting Cloud Computing as a part of Learning and Development Across Different Verticals. 

• In June 2020, Microsoft launched a global skilled initiative aimed at bringing more digital skills to 25 million people worldwide by the end of the year. This initiative brings together every part of the company, combining existing and new resources from LinkedIn, GitHub, and Microsoft.
• In July 2020, Amazon Web Services (AWS) announced that seven higher education institutions in India will adopt cloud computing curricula from its AWS Educate initiative to help develop the next generation of cloud professionals. The cloud computing content will be offered as part of undergraduate degree and postgraduate diploma programs starting in September 2020.
• In July 2022, ServiceNow, a business model based on providing products using SaaS cloud computing software, and Microsoft are aligned to help customers in the federal market move into private cloud, shared cloud, or trusted cloud offerings so they can realize the benefits and value of cloud services. Agencies can then accelerate key initiatives, such as security and zero trust while leveraging analytics and insights directly within their cloud instance.

Request For Sample Report @ https://bit.ly/3rXCUgZ

Key Topics Covered in the Report

• Snapshot of Global Cloud Computing Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Cloud Computing Market
• Historic Growth of Overall Global Cloud Computing Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Cloud Computing Industry
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• Covid 19 Impact on the Overall Global Cloud Computing Market
• Future Market Forecast and Growth Rates of the Total Global Cloud Computing Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of Cloud Computing Market
• Major Production / Consumption Hubs in the Major within Each Region
• Major Production/Supply and Consumption/Demand Hubs within Each Major Country
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Leading Companies Mentioned in the Report

• Microsoft Corporation
• Amazon Web Services
• Com, Inc.
• Oracle Corporation
• Systems, Application & Products in Data Processing
• Google LLC
• Workday Inc.
• Adobe System Incorporation
• International Business Machines
• Alibaba Group Holding Limited
• Virtual Machine Software
• Hewlett Packard Enterprise

Notable Emerging Companies Mentioned in the Report

• OutSystems
• Onecloud
• IntelePeer
• Nodejitsu Inc.
• Activestate
• The cloud Connectors
• Gogiro
• Hexagon data
• Power Host
• IDESK
• MCM Telecom

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Cloud Computing Solution Companies
• Cloud Computing Platform Companies
• Potential Investors in Cloud Computing Companies
• ML Solutions and Service Providers
• Government Ministries and Departments of Information Technology
• AI Solution Providers
• Potential Investors for AI
• Cloud-based Developers
• Institutional Investors
• Investors and Financial Community Professionals
• Investment Funds
• Cloud Computing Research Organizations
• Research & Development Institutes
• Cloud Computing Association

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

For More Information on the Research Report, refer to below links: –

Global Cloud Computing Market: Ken Research

Follow Us

LinkedIn | Instagram | Facebook | Twitter | YouTube

Contact Us: -

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

5 Key Insights on US$ 1200 Bn Opportunity in Global Cloud Computing Market: Ken Research

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Driven by the integration of Big Data, Artificial Intelligence, and Machine Learning with cloud Spur the Market growth, the Global Cloud Computing Market is forecasted to Cross US$ 1200 Bn by 2028 says Ken Research Study.

Cloud Computing is the online delivery of IT resources on-demand to consumers instead of purchasing, owning, and maintaining physical, and the payment of the resources is done consumption basis. Cloud services can either be public or private, yet these are typically delivered by third parties through various endpoints like websites, application software, and mobile apps. It provides three types of services SaaS, PaaS, and IaaS, where SaaS is leading the market as it is delivered with a fully digitalized business experience and the lifecycle of a fully automated service, that is designed for any carrier-grade network.

According to Ken Research estimates, the Global Cloud Computing Market – which is estimated to be around US$ 450 Bn by 2022 and is expected to grow further into a more than US$ 1200 Bn opportunity by 2028 with a CAGR of ~15% - “Ken Research shares 5 key insights on this high opportunity market from its latest research study”

1.   Cloud Computing Market is Driven by Active Embrace of this Technology by User Business Organizations and Introduction of New Cloud Solutions by Vendors.

• Several businesses are embracing cloud computing services to develop and progress their existing business model by engaging in various growth strategies including partnerships, investments, alliances, and acquisitions. Cloud computing services also make it easier to track, compare, and evaluate business activities and make sure that corporate operations are by client requests. Many businesses are investing in big data, IoT, artificial intelligence, and 5G technologies to obtain important business insights for decision-making. There are many new opportunities for companies to progress as a result of the increasing demand for analytics and big data technologies in the cloud computing market.
• Key vendors in the cloud computing market focus on introducing new cloud solutions, services, and workloads and upgrading of capabilities of their current offerings to strengthen their foothold in the market. To improve their market position and cloud capabilities, vendors often take part in mergers and acquisitions. In October 2020, SAP SE announced that it had reached a deal to buy Omni channel customer interaction platform vendor Emarsys. Through the purchase, SAP SE was able to integrate the Emarsys customer interaction platform with its Experience Management and S/4HANA technologies. SAP Customer Experience solutions would be able to activate the chosen channel of the customer with a pertinent and constantly tailored message thanks to Emarsys technology, linking commerce signals with the back office and allowing customers to select their interactions.

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2.  The Adoption of Cloud Computing in India, China, Brazil, and Africa Account for the Growth of the Market.

• The adoption of cloud-based solutions in developing economies such as India, China, Brazil, and Africa is expected to drive market growth in the near future. As developing economies, these countries require cost-effective infrastructural solutions due to a lack of adequate technologies and finance. By utilizing cloud solutions, developing nations have managed to reduce their IT expenditures during the COVID-19 pandemic situation. Organizations are fully able to utilize on-demand, scalable cloud models to achieve cost-effectiveness and business continuity to accelerate their aims for digital business transformation. In April 2022, China Internet Watch, a leading digital publication on China’s internet statistics, trends predicted that the cloud infrastructure services spend in 2021 in China was US$ 27 Bn, and it is expected to reach US$ 85 Bn by 2026

3.  Critical Data Loss and Corporate Operations Being Damaged By Cyberattacks.

• Cloud computing services assist businesses in increasing operational effectiveness and cutting expenses. Additionally, these services have several benefits, such as flexibility, scalability, and agility. The data stored in the cloud is highly exposed to breaches and leaks despite high-security precautions. The amount of data being produced is growing, and businesses are starting to take more steps toward digital transformation. Enterprise data is exposed to risk from cyberattacks like Spectre, Meltdown, cloud malware injection assaults, account or service hijacking, and man-in-the-cloud attacks. Threats like these pose a severe challenge for market growth.
• In August 2021, Deloitte Risk & Financial Advisory acquired thecybersecurity firm, to increase cyber resilience and regulatory compliance.
• In 2022, Vendor Teradata the popular Relational Database Management System mainly suitable for building large-scale data warehousing applications, conducted a cloud analytics survey that reveals that 46% of those reviewed signified more security with no cloud computing challenge.

4.  The Hybrid Cloud Segment is the most Preferable Cloud Deployment Model During the Forecast Period.

• The hybrid model has been the widely used organized approach across major industries. Hybrid cloud models are increasingly being prioritized by many companies to maximize advantages while enhancing company operations, resource consumption, cost-effectiveness, user experience, and application modernization.
• Hybrid cloud solutions help organizations avoid making efficiency-related security concessions by distributing an application, data processing, and computing to external clouds while retaining key workloads on-premises.
• In May 2022, IBM joined hands with Amazon Web Services, a subsidiary of Amazon that provides on-demand cloud computing platforms. The company focused on offering a broad array of its software catalog as Software-as-a-Service (SaaS). Through this collaboration, IBM aims to provide the ability to choose the hybrid cloud model that works best for their own needs and workloads.

5. North America’s Early Adoption of Next-generation Cloud Technologies is Responsible for its Dominant Share in the Market.

• North America dominated the global cloud computing market due to the rising adoption of cloud solutions from various end-user industries to facilitate the cloud computing market growth in this region over the forecast period. Companies in the USA place a strong emphasis on digital transformation and are frequently regarded as early adopters of next-generation technologies such as the IoT, additive manufacturing, big data analytics, connected industries, AI, AR, ML, and VR, as well as the latest telecommunication technologies such as 5G, and Wi-Fi 6. The ongoing use of cutting-edge technology by businesses in the USA bodes well for growth. The presence of numerous vendors such as Microsoft Corporation, Oracle Corporation, Amazon.com Inc., and IBM Corporation and the higher propensity to adopt new technologies are expected to help this region maintain its position in the market.
• In February 2022, AWS and Rackspace Technology have jointly launched over 1,000 cloud projects enabling clients to fundamentally change how their businesses work. This agreement continues the commitment of both companies together to provide a full stack of cloud services to assist customers with becoming cloud-first businesses to accelerate their digital transformation, innovate faster and create value.

Request For Sample Report @ https://bit.ly/3rXCUgZ

Key Topics Covered in the Report

• Snapshot of Global Cloud Computing Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Cloud Computing Market
• Historic Growth of Overall Global Cloud Computing Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Cloud Computing Industry
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• Covid 19 Impact on the Overall Global Cloud Computing Market
• Future Market Forecast and Growth Rates of the Total Global Cloud Computing Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of Cloud Computing Market
• Major Production / Consumption Hubs in the Major within Each Region
• Major Production/Supply and Consumption/Demand Hubs within Each Major Country
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Leading Companies Mentioned in the Report

• Microsoft Corporation
• Amazon Web Services
• Com, Inc.
• Oracle Corporation
• Systems, Application & Products in Data Processing
• Google LLC
• Workday Inc.
• Adobe System Incorporation
• International Business Machines
• Alibaba Group Holding Limited
• Virtual Machine Software
• Hewlett Packard Enterprise

Notable Emerging Companies Mentioned in the Report

• OutSystems
• Onecloud
• IntelePeer
• Nodejitsu Inc.
• Activestate
• The cloud Connectors
• Gogiro
• Hexagon data
• Power Host
• IDESK
• MCM Telecom

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Cloud Computing Solution Companies
• Cloud Computing Platform Companies
• Potential Investors in Cloud Computing Companies
• ML Solutions and Service Providers
• Government Ministries and Departments of Information Technology
• AI Solution Providers
• Potential Investors for AI
• Cloud-based Developers
• Institutional Investors
• Investors and Financial Community Professionals
• Investment Funds
• Cloud Computing Research Organizations
• Research & Development Institutes
• Cloud Computing Association

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

For More Information on the Research Report, refer to below links: –

Global Cloud Computing Market: Ken Research

Follow Us

LinkedIn | Instagram | Facebook | Twitter | YouTube

Contact Us: -

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249