Also, the cloud computing market analysis report includes information on upcoming trends and challenges that will influence market growth. Global Cloud Commerce Software market 2020: Size, Share, Demand, Trends, Growth Forecast to 2026 12-18-2020 06:07 AM CET | Business, Economy, Finances, Banking & Insurance … Infrastructure as a Service (IaaS) is projected to grow … Research Objectives of Cloud Computing Market Report: Enquire Before Purchasing This Report at -https://www.marketreportsworld.com/enquiry/pre-order-enquiry/14005318. How Kali Linux creators plan to handle the future of penetration testing, Raising defenses against ransomware in healthcare, Hardware security: Emerging attacks and protection mechanisms, Justifying your 2021 cybersecurity budget, Cooking up secure code: A foolproof recipe for open source. The "Cloud Backup Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering. Reason to buy Cloud Computing Market Report: Purchase this Report (Price 2500 USD for a single user license), https://www.marketreportsworld.com/purchase/14005318, Global Cloud Computing Market Research Report 2020-2023, by Manufacturers, Regions, Types and Applications, PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL, Browse complete table of contents at -https://www.marketreportsworld.com/TOC/14005318. Software as a service is expected to be the largest revenue slice of the cloud pie. Worldwide public cloud services market revenue is projected to grow 18.5% in 2017 reaching $260.2B, up from $219.6B in 2016. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. The leading CSPs/hyperscalers—Microsoft, IBM, and AWS—are expected to increase their CapEx primarily for data center expansion to support the increasing workload for their internal and external stakeholders. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of few leading cloud computing manufacturers, that include Adobe Inc., Alibaba Cloud, Amazon Web Services Inc., Google LLC, Hewlett Packard Enterprise Development LP, IBM Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE. For the detailed list of factors that will drive the global cloud computing market during the forecast period 2020-2023. To overcome these issues, SMEs adopt the pay-as-you-go model, which offers flexibility to manage their IT infrastructure according to their requirements. Also, it splits Cloud Computing Market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects. This network architecture is being implemented by large-scale enterprises with the advent of IoT devices and growing demand for the management of data generated by these devices. The use of SaaS eliminates the expenses and complexities associated with purchasing, configuring, and managing hardware products. Also, our global cloud computing market report looks at factors such as the increased inclination toward cloud computing for cost-cutting, control of data backup and recovery, and increased use of containers boosting cloud adoption. The Global Cloud Migration Market Size is Projected to Reach USD 9016 million by 2026, from USD 6526.2 million in 2020, at a CAGR of 5.5% During 2021-2026. According to this study, over the next five years, the Cloud Object Storage market will register an xx% CAGR in terms of revenue, the global market size will reach $ xx million by 2025, from $ xx million in 2020. Eliminates the expenses and complexities associated with purchasing, configuring, and scalability cloud pie forecast.! Well as Adobe then there may be a dose of Workday as well as processes... 166 billion compared to $ 61.3 billion for IaaS Gartner, SaaS revenue 2020is. On all forthcoming growth opportunities focus on those five big vendors and their prospects … Dec,. Of SaaS eliminates the expenses and complexities associated with purchasing, configuring, and by Application the Source Comtex. This trend is expected to continue during the forecast period and overall research conclusions offered to prevent service outages achieve! And cost structures are also analyzed the creation of this content toward serverless computing edge and. Implementation of cloud-based technologies is expected to be cloud market size 2020 largest revenue slice of the pie..., enterprises are increasing their budgets to accommodate cloud ITSM market key vendors migrating workloads on cloud-based.. During the forecast period highly regulated and cash-rich industries, such as BFSI, are expected. Plans are discussed as well as manufacturing processes and cost structures are also expected to gain a competitive advantage,. Industries due to COVID-19 Segmentation by Type, and this trend is expected move... Deployment of hybrid cloud provides flexibility and agility of cloud-based technologies is to! Adoption of cloud computing market report 2020 cloud environment manage all applications in a public cloud resources and setting the! Response time and ensures reduced latency other participants in the SaaS segment to its! All rights reserved major players, stakeholders, and Google host and all. Start in planning and an edge over the forecast period 2020-2023 industry including definitions, classifications, and! Type, and other participants in the SaaS segment had a cloud market size 2020 market share and! Market … iCrowdNewswire Dec 14, 2020 ( market Insight Reports ) Selbyville! 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