Cloud Computing Market by Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service), Solution (Collaboration & Productivity Suites, Customer Relationship Management, Human Capital Management), Workload, Infrastructure, Depl

Cloud Computing Market by Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service), Solution (Collaboration & Productivity Suites, Customer Relationship Management, Human Capital Management), Workload, Infrastructure, Deployment model, Organization Size, Industry - Global Forecast 2023-2030

The Cloud Computing Market size was estimated at USD 456.05 billion in 2022 and expected to reach USD 524.76 billion in 2023, at a CAGR 15.20% to reach USD 1,414.98 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Cloud Computing Market.

• Based on Service Model, market is studied across Infrastructure as a Service, Platform as a Service, and Software as a Service. The Platform as a Service commanded largest market share of 42.30% in 2022, followed by Infrastructure as a Service.
• Based on Solution, market is studied across Collaboration & Productivity Suites, Customer Relationship Management, Human Capital Management, and Supply Chain Management. The Collaboration & Productivity Suites commanded largest market share of 43.75% in 2022, followed by Customer Relationship Management.
• Based on Workload, market is studied across Application Development & Testing, Business Analytics, Collaboration & Content Management, Database Management, Enterprise Resource Management, Hypervisor & Edge computing, Integration & Orchestration, and Storage, Backup & Disaster Recovery. The Storage, Backup & Disaster Recovery commanded largest market share of 17.21% in 2022, followed by Application Development & Testing.
• Based on Infrastructure, market is studied across Archiving, Computing, Disaster Recovery & Backup, and Primary Storage. The Computing commanded largest market share of 35.05% in 2022, followed by Disaster Recovery & Backup.
• Based on Deployment model, market is studied across Hybrid Cloud, Private cloud, and Public cloud. The Public cloud commanded largest market share of 42.11% in 2022, followed by Private cloud.
• Based on Organization Size, market is studied across Large Enterprises and Small & Medium-sized Enterprises. The Large Enterprises commanded largest market share of 61.22% in 2022, followed by Small & Medium-sized Enterprises.
• Based on Industry, market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. The Banking, Financial Services & Insurance commanded largest market share of 13.33% in 2022, followed by Information Technology.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 35.02% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Cloud Computing Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Cloud Computing Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Cloud Computing Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, Adobe Inc., Alibaba Group Holding Limited, Alphabet Inc., Amazon Web Services, Inc., AT&T Inc., Box, Inc., Cisco Systems, Inc., Citrix Systems, Inc., Dell Inc., DigitalOcean Holdings, Inc., DreamHost, LLC, Dropbox, Inc., Fujitsu Limited, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Microsoft Corporation, NetApp, Inc., Oracle Corporation, Rackspace Technology’s, Salesforce.com Inc., SAP SE, ServiceNow, Inc., VMware by Broadcom Inc., and Workday, Inc..

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Cloud Computing Market?
2. Which products, segments, applications, and areas hold the highest investment potential in the Cloud Computing Market?
3. What is the competitive strategic window for identifying opportunities in the Cloud Computing Market?
4. What are the latest technology trends and regulatory frameworks in the Cloud Computing Market?
5. What is the market share of the leading vendors in the Cloud Computing Market?
6. Which modes and strategic moves are suitable for entering the Cloud Computing Market?

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