Absolute Markets Insights proclaims the addition of comprehensive analysis titled as, Cloud Computing Market to its massive repository. It covers different existing and futuristic developments across the global regions such as North America, Latin America, Asia-Pacific, Europe, and India. In addition to this, it gives a complete analysis of some significant financial terms such as cost, shares, pricing structures and profit margins. Wide-ranging informative data has been examined by using exploratory techniques such as primary and secondary research.

To provide an effective business outlook, different case studies from various top-level industry experts, business owners, and policymakers have been included to get a clear vision about business methodologies to the readers. SWOT and Porter’s Five model have been used for analyzing the Cloud Computing market on the basis of strengths, challenges and global opportunities in front of the businesses.

The major key pillars for global Cloud Computing market are listed below: Amazon Web Services, Akamai Technologies, Cisco Systems Inc., Google Inc., IBM Corp., HP Development Company, L.P, Dell Inc, Microsoft., VM-Ware and Yahoo Inc. Salesforce, Oracle cloud, SAP, Verizon Cloud, Rackspace, Adobe, ScienceSoft, Kamatera.

For More Information Click: https://www.absolutemarketsinsights.com/reports/Cloud-Computing-Market-2019-2027-472

In terms of revenue, the global cloud computing market was estimated to be US$ 109,456.3 Mn. in 2020 and is expected to reach US$ 460,846.7 Mn. by 2030 growing at a CAGR of 19.7% over the forecast period. The study analyses the market in terms of revenue across all the major regions, which has been further bifurcated into countries.

Cloud computing uses the practice of sharing a network of remote servers, that are hosted on the internet to store, process, and manage data rather than on a local server or personal computer. The computing service specifically refers to a common storage space through which all the devices in the network can access data simultaneously. The use of cloud computing technology enables applications accessible to all devices in the network at any time and from any location. Cloud computing helps an organization to reduce its networking hardware cost and helps company to focus on its core work related to content development of the website to generate more traffic leading to increase in market size of global cloud computing market.

In terms of service type the global cloud computing market can be bifurcated into four major segments - Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) which can be further bifurcated into, Mobile backend as a service (MBaaS), Application as a Service (AaaS) and the last service type is function-as-a-service (FaaS)/ serverless computing. The SaaS is presently dominating the segment due to the major technology company’s presence such as, Amazon Web Service, Salesforce, Microsoft, and Oracle remain atop the list of SaaS providers, and expected to lead the table in terms of revenue by end of the forecasted year.

Segmentation of Cloud Computing Market:

By Service Type

  • Infrastructure as a Service (IaaS)
  • Platform as a Service (PaaS)
  • Software as a Service (SaaS)
  • Mobile backend as a service (MBaaS)
  • Application as a Service (AaaS)
  • Function-as-a-Service (FaaS)/ Serverless Computing

By Type of Deployment

  • Public
  • Private
  • Hybrid
  • Community Cloud
  • Multi Cloud/Poly Cloud
  • Distributed

By End User Industry

  • Banking, Financial Service, Insurance (BFSI)
  • IT and Telecommunication
  • Government and Public Sector
  • Retail and Consumer Goods
  • Manufacturing
  • Others (Energy, Healthcare, Media and Entertainment)

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Contact Us:

Contact Name: Shreyas Tanna

Company: Absolute Markets Insights

Email Id: sales@absolutemarketsinsights.com

Phone: IN +91-7400-24-24-24, US +1-510-420-1213

Website: www.absolutemarketsinsights.com