Cloud Computing Market to Reach Value of USD 1,712.44 Billion by 2029
Posted on Mar 17 2023 6:20 AM
"Cloud Computing Market Size, Share & COVID-19 Impact Analysis, By Type (Public Cloud, Private Cloud, and Hybrid Cloud), By Service (Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS)), By Industry (BFSI, IT and Telecommunications, Government, Consumer Goods and Retail, Healthcare, Manufacturing, and Others), and Regional Forecast, 2022-2029 "
The Global "Cloud Computing Market Size 2029"research report covers explicit information regarding the development rate, market estimates, drivers, limitations, future-based demand, and revenue during the forecast period. The report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries.
Additionally,technology industry the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. The Global Cloud Computing Market consists of data accumulated from numerous primary and secondary sources. This information has been verified and validated by the industry analysts, thus providing significant insights to the researchers, analysts, managers, and other industry professionals. This document further helps in understanding market trends, applications, specifications, and market.
The global cloud computing market size was valued at USD 405.65 billion in 2021 and is projected to grow from USD 480.04 billion in 2022 to USD 1,712.44 billion by 2029, exhibiting a CAGR of 19.9% during the forecast period.
Request a free sample PDF:
Incorporation of Big Data, AI, and ML with Cloud to Offer Motivation to Market Growth
The rising implementation of technologies such as big data, Artificial Intelligence (AI), Machine Learning (ML), and others are projected to fuel the growth of the market. These technologies alter the market setting, as it aids users in surveying, assessing, and envisaging the untreated data.
Moreover, implementing these developing technologies with cloud solutions would aid enterprises to augment their imagining capabilities and make complicated data available and serviceable. Therefore, these factors are expected to promote the cloud computing market growth during the mentioned timeframe.
Customization Available: Global Cloud Computing Market
Fortune Business Insights is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
Primary Research: Detailed product mapping of major as well as emerging players in the market. Estimation of revenues/market size of all segments to arrive at the total market valuation. Estimation based on current trends, purchasing behavior, demand-supply gap, import-export scenario, and latest technology and developments. Estimation based on the number of end-users and the average consumption by each end-user. Estimation based on the production side and the supply side for the products and services offered in the market.
Bottom-Up Approach: This approach follows estimation of data through market share, revenues, and growth rate of prominent players operating in the market.
Top-Down Approach: Discussion with stakeholders and Key Opinion Leaders (KOLS) to validate market estimates and get their insights related to trends, dynamics, and competitive analysis.
Cloud Computing Market Segments:
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- Software as a Service (SaaS)
- Financial Services
- Insurance (BFSI)
- IT and Telecommunications
- Consumer Goods
Ask For Customization: https://www.fortunebusinessinsights.com/enquiry/customization/102697
Who are the Top Players Cloud Computing Market?
- Amazon Web Services (AWS) (Washington, U.S.)
- Oracle Corporation (California, U.S.)
- IBM Corporation (New York, U.S.)
- Alibaba Group Holding Limited (Hangzhou, China)
- Microsoft Corporation (New Mexico, U.S.)
- VMware, Inc. (California, U.S.)
- Alphabet Inc. (Google LLC) (California, U.S.)
- Rackspace Technology, Inc. (Texas, U.S.)
- SAP SE (Walldorf, Germany)
- Apple Inc. (California, U.S.)
Global Cloud Computing Market Size Highlights:
The report for Global Cloud Computing Market of Fortune Business Insights covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. Moreover, report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, macroeconomic, technological advancement, and governing factors of the market. Furthermore, report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments of the technology industry.
The Global Cloud Computing Market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Moreover, development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market. Furthermore, the report offers a detailed analysis and information as per Cloud Computing Market Growth Analysis by manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Furthermore, Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. Moreover, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
Frequently Asked Questions?
- What is the Cloud Computing Market size?
- What is the CAGR for Cloud Computing Market ?
- What are the segments covered in the Cloud Computing Market report?
- Who are the key players in the Cloud Computing Market?
- Which region is more attractive for vendors in the Cloud Computing Market?
- What are the key markets for higher education?
- What are the key factors driving the growth of Cloud Computing Market ?
- Which segment has the largest share in the Cloud Computing Market?
Key Points from TOC:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Global Statistics — Key Countries
4.2 New Product Launches
4.3 Pipeline Analysis
4.4 Regulatory Scenario — Key Countries
4.5 Recent Industry Developments — Partnerships, Mergers and Acquisitions
5. Global Cloud Computing Market Analysis, Insights and Forecast
5.1. Key Findings/ Summary
5.2. Market Analysis — By Product Type
5.3. Market Analysis — By Distribution Channel
5.4. Market Analysis — By Countries/Sub-regions
11. Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis
11.3. Competition Dashboard
11.4. Comparative Analysis — Major Players
12. Company Profiles
12.2 Products and Services
12.3 SWOT Analysis
12.4 Recent developments
12.5 Major Investments
12.6 Regional Market Size and Demand
13. Strategic Recommendations
Access Full Report at - https://www.fortunebusinessinsights.com/checkout-page/102697
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Name: Ashwin Arora
Email: [email protected]
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
Fortune Business Insights Pvt Ltd
Company Press Release
- Integrated Circuits Market To Reach Usd 1,136.98 Billion By 2028
- Microcontroller Market Top 10 Key Players, Demand, Revenue, Growth Factors By Types, Trends, Analysis And Forecast 2026
- Structured Cabling Market Trends, Comprehensive Research Study, Development Status, Opportunities, Future Plans, Competitive Landscape And Growth By Forecast 2029
- Semiconductor Ip Market Trends, Comprehensive Research Study, Development Status, Opportunities, Future Plans, Competitive Landscape And Growth By Forecast 2029
- Optical Sorter Market Opportunities, Leading Manufacturers, Business Analysis And Developments, Forecast To 2029