North America Professional Cloud Services Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The North American professional cloud services market is expected to register a CAGR of 15.23% during the forecast period. This is due to the early adoption of cloud-based networks in the region.
Key HighlightsThe competitive landscape of the market is fragmented, with major players such as Cisco Systems Inc., Oracle Corporation, Atos SE, SAP SE, and Hewlett Packard Enterprise Company. The market has been experiencing several market launches due to the increasing use of on-premises and private cloud for personal and organizational purposes.
In August 2022, IBM announced its partnership with VMware to offer hybrid cloud solutions. The partnership will offer co-engineered cloud solutions aimed at helping companies in industries such as financial services, healthcare, and the public sector to reduce the cost and risk of placing mission-critical workloads in a hybrid environment.
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