Global Cloud Computing Market Size By Service Model, By Workload, By Vertical, By Geographic Scope And Forecast 2026

Cloud Computing Market Size And Forecast 2026

According to Business Research Reports, Global Cloud Computing Market was valued at USD 258.40 Billion in 2018 and is projected to reach USD 930.56 Billion by 2026, growing at a CAGR of 17.28% from 2019 to 2026.

What is Cloud Computing?

Cloud Computing is a group of networked elements that provide computing power and data storage without directly activating the management by the user. It enables it too offers a flexible, simpler, and scalable system in comparison to the traditional computing system. It is hosting a wide range of services through the internet with an addition of cost benefits. With the introduction of cloud computing technology, the expenditure on the ICT resources has reduced which in turn increases its operational efficiency. It is widely finding its application in the telecom and IT services, government organizations and other sectors.

Cloud Computing Market OverviewGlobal Cloud Computing Market Outlook In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The advancement in cloud computing technology led to serve the implementation of software, platform, and infrastructure as a service is the major factor for driving the growth of the market. In addition, the increasing shift of application over the cloud and the need to deliver the improved customer experience is imposing a positive outlook on the market growth. Moreover, the increasing mobility of resources and adaption by the user are the other factor propelling market growth. However, the concerns related to data safety and security are the factors restricting market growth.

Business Research Reports narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Cloud Computing Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Cloud Computing Market Competitive Landscape The “Global Cloud Computing Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Google LLC, Oracle Corporation AWS, Microsoft Corporation, Alibaba, SAP, IBM Corporation, VMware, Rackspace, Salesforce, Adobe. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Cloud Computing Market, By Service Model

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

Cloud Computing Market, By Workload

• Integration and Orchestration
• Database Management
• Customer Relationship Management (CRM)
• Business Analytics
• Application Development and Testing
• Others

Cloud Computing Market, By Vertical

• Retail and Consumer Goods
• IT and Telecommunications
• Healthcare and Life Sciences
• Energy and Utilities
• Banking, Financial Services, and Insurance (BFSI)
• Others

Cloud Computing Market Geographic Scope

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
• Rest of the World

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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