The latest report published by Fortune Business Insights states that the Cloud Computing Market Size 2022 is expected to grow steadily in the coming years. The report illustrated latest insights into market drivers, restraints, risks and opportunities in the global market. The Cloud Computing Market report shows the credible direction of the market in the coming years along with its estimates. A precise study aims to understand the market price. By analyzing the competitive landscape, the authors of the report have made excellent efforts to help the readers understand the key business strategies that large companies employ to maintain market stability.
- The report highlights information on various segments at the global, regional, and country level.
- The report contains various details like market share, growth rate, product and their pricing by region/country.
- The report elucidates the market dynamics that are expected to drive the market growth in the forthcoming years.
- The report encompasses the details in relation to application, distribution channel, product type, business strategies, etc.
- The report also covers the COVID-19 impact on the prospected market.
Companies Profiled in the Global 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.)
The global cloud computing market size is projected to reach USD 791.48 billion by 2028, exhibiting a CAGR of 17.9% during the forecast period. Rising preference for omni-cloud systems will prove highly beneficial for the growth of this market, states Fortune Business Insights™ in its report, titled “Cloud Computing Market Size, Share & COVID-19 Impact Analysis, By Type (Public Cloud, Private Cloud, Hybrid Cloud), By Service (Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)), By Industry (Banking, Financial Services, and Insurance (BFSI), IT and Telecommunications, Government, Consumer Goods, and Retail, Healthcare, Manufacturing, Others), and Regional Forecast, 2021-2028”. According to this market research report, the value of the market stood at USD 219.00 billion in 2020.
An Overview of the Impact of COVID-19 on this Market:
This study specially analyses the impact of Covid-19 epidemic on the Cognitive Cloud Computing, covering the source restraint analysis, impact assessment to the Cognitive Cloud Computing market size growth rate in several scenarios, and the measures to be undertaken by Cognitive Cloud Computing companies in response to the COVID-19 epidemic.
Key Questions Answered in this Report
1) What were the pre and post-business impacts of COVID-19 on the Cloud Computing Market?
2) What is the market size, share of the Cloud Computing Market?
3) Who are the top market players in Cloud Computing Market?
4) What will be the future market of the Cloud Computing Market?