by
According to the Foreclaro Global Research, the
Global
Cloud Computing Market size was valued at USD 722.4 billion in 2024. The report “Global Cloud
Computing Market Segmentation By Service (Infrastructure as a
Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)), By
Workload (Application Development & Testing, Data Storage & Backup, Resource
Management, Orchestration Services, Others), By Deployment (Public, Private, Hybrid),
By Enterprise Size (Small & Medium Enterprises, Large Enterprise), By End
Users (BFSI, IT & Telecom, Retail & Consumer Goods, Manufacturing, Energy
& Utilities, Healthcare, Media & Entertainment, Government & Public
Sector, Others)- Industry
Trends and Forecast to 2033” gives a detailed insight into current market dynamics and provides
analysis on future market growth.
Cloud computing has emerged as a cornerstone of
digital transformation, allowing corporations to get proper access to computing
resources alongside servers, storage, databases, networking, and programs over
the internet on a pay-as-you-go model. By disposing of the need for heavy
infrastructure investments, cloud solutions offer scalability, cost efficiency,
flexibility, and agility, making them critical for present-day businesses. The
marketplace is often categorized into Infrastructure as a Service (IaaS),
Platform as a Service (PaaS), and Software as a Service (SaaS), catering to
numerous enterprise desires alongside facet software development, data storage,
and real-time collaboration. Cloud deployment models, public, private, and
hybrid, permit agencies to achieve stability, security, control, and
scalability. Driven with the aid of elements along with growing digitalization,
faraway paintings adoption, and the mixing of rising technology like AI, IoT,
and 5G, the worldwide cloud computing market continues to grow rapidly,
reshaping industries and bringing innovation throughout sectors worldwide.
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Global Cloud
Computing Market Report Highlights
· The
international cloud computing marketplace is experiencing sturdy growth, pushed
via way of means of growing virtual transformation, remote work trends, and
extended demand for scalable IT infrastructure.
· Software
as a Service (SaaS) leads the phase because of its price performance and
accessibility, at the same time as IaaS and PaaS are witnessing speedy adoption
for infrastructure scalability and alertness development.
· Public
cloud remains the maximum extensively used model, although hybrid cloud
adoption is accelerating as corporations are searching for flexibility,
control, and information security.
· Large
corporations dominate cloud usage; however, SMEs are hastily adopting cloud
offerings to lessen operational costs and enhance performance.
· North
America leads the worldwide marketplace because of superior infrastructure and
sturdy issuer presence, at the same time as Asia-Pacific is the
fastest-developing area with growing digitalization and government initiatives.
· Emerging
technology, inclusive of AI, ML, IoT, and 5G integration with cloud systems, is
developing new possibilities for innovation and marketplace expansion.
Foreclaro
Global Research has segmented the Cloud Computing Market report based on Service,
workload, Deployment, Enterprise Size, End User, and region:
Cloud Computing Market, Service Outlook
(Revenue - USD Million, 2020 - 2033)
Infrastructure as a Service (IaaS)
Platform as a Service (PaaS)
Software as a Service (SaaS)
Cloud Computing Market, Workload
Outlook (Revenue - USD Million, 2020 - 2033)
Application Development & Testing
Data Storage & Backup
Resource Management
Orchestration Services
Others
Cloud Computing Market, Deployment
Outlook (Revenue - USD Million, 2020 - 2033)
Public
Private
Hybrid
Cloud Computing Market, Enterprise
Size Outlook (Revenue - USD Million, 2020 - 2033)
Small & Medium Enterprises
Large Enterprise
Cloud Computing Market, End Users
Outlook (Revenue - USD Million, 2020 - 2033)
BFSI
IT & Telecom
Retail & Consumer Goods
Manufacturing
Energy & Utilities
Healthcare
Media & Entertainment
Government & Public Sector
Others
Cloud Computing Market, Regional
Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Cloud Computing Market Key Players
·
Alibaba Cloud
·
Amazon Web Services, Inc.
·
CloudHesive
·
Coastal Cloud
·
DigitalOcean
·
Google
·
GroundCloud
·
IBM
·
Microsoft Azure
·
Oracle Cloud
