Cloud Computing Market Size, Share, Trends, Analysis and Forecast by IT Infrastructure, Products and Services (Cloud Management Platforms, IaaS, SaaS, PaaS, Hybrid, Managed and Private Cloud Services), Region and Vertical, 2022-2026
Summary
The global cloud computing market report provides an executive-level overview of the current cloud computing market globally, with detailed forecasts of key indicators up to 2026. Published annually, the report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by product/service type, verticals across regional markets, as well as a review of key market and technology trends
The inception of big data and the need to efficiently handle, access, and manage it drives the demand for cloud computing products and services. Additionally, with increasing dependency on IoT devices, data hosting on the cloud is inevitable further propelling the demand for cloud computing.
According to GlobalData estimates, the global cloud computing market will grow from US$552.3 billion in 2021 to US$1,119.5 billion in 2026 at a CAGR of 15.2%. One of the most detrimental factors compelling businesses to switch to cloud computing is rapid digitization.
Scope
The market intelligence report provides an in-depth analysis of the following -
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook