openPR Logo
Press release

Cloud Computing Market to 2023 – Growing Steady at 18.0% CAGR and Projected to Reach US$ 623.3 Billion

07-03-2019 12:17 PM CET | IT, New Media & Software

Press release from: ReportsandReports

Cloud Computing Market to 2023 – Growing Steady at 18.0% CAGR

Get Free Sample report of Cloud Computing Market report spread across 174 Pages, Profiling 15 Companies and Supported with 66 Tables and 35 Figures is now available @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1972464 .

The Global Cloud Computing Market size is expected to grow from US$ 272.0 Billion in 2018 to US$ 623.3 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.0% during the forecast period. Increased automation and Agility need for delivering enhanced customer experience, and increased cost savings and return on investment are the major growth factors for the cloud computing market.

Top Companies profiled in the Cloud Computing Market include are
AWS (US)
Microsoft (US)
Google (US)
Alibaba (China)
SAP (Germany)
IBM (US)
Oracle (US)
VMware (US)
Rackspace (US)
Salesforce (US)
Adobe (US)
Verizon (US)
CenturyLink (US)
Fujitsu (Japan)
NTT Communications (Japan)

“Retail and consumer goods vertical to grow at the highest rate during the forecast period”
The retail and consumer goods vertical is one of the fastest-growing verticals with respect to the adoption of emerging and innovative technologies, such as cloud computing, big data analytics, DevOps, digital stores, and social networks. Various factors driving this adoption are the rising purchasing power of customers and the need to satisfy customer expectations leading to the existing customer retention and new customer acquisition.

“North America to hold the largest market size and Asia Pacific (APAC) to grow at the highest rate during the forecast period”
North America is the most mature market in terms of cloud computing services adoption, due to several factors, such as the presence of many enterprises with advanced IT infrastructure, and availability of technical expertise. APAC is expected to offer significant growth opportunities for cloud computing vendors during the forecast period. Rapid advancements in emerging technologies, IT infrastructure services, and the Internet of Things (IoT) have led many organizations to adopt cloud computing services.

Report Highlights:
• To profile key players and comprehensively analyze their core competencies

• To project the size of the market and its submarkets, in terms of value, with respect to the 5 major regions (along with their respective key countries)

• To define, segment, and project the global market size of the cloud computing market

• To understand the structure of the market by identifying its various subsegments

• To provide detailed information about the key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market

• To understand the competitive landscape and identify major growth strategies adopted by players across key regions

• To analyze the competitive developments, such as expansions and investments, new product launches, mergers and acquisitions, joint ventures, and agreements, in the cloud computing market

Avail Discount @ https://www.reportsnreports.com/contacts/discount.aspx?name=1972464 .

Reason to access this report:
The Report will help the market leaders/new entrants in the cloud computing market with information on the closest approximations of the revenue numbers for the overall cloud computing market and the sub segments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

Corporate Headquarters
Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India

About Us:
ReportsnReports provides you the further information and more details with intelligence needs for your business. Access to in-depth market trends helps companies to assess the market effectiveness. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cloud Computing Market to 2023 – Growing Steady at 18.0% CAGR and Projected to Reach US$ 623.3 Billion here

News-ID: 1795105 • Views: 113

More Releases from ReportsandReports

Application Platform as a Service (aPaaS) Market 2020 Recent Industry Developmen …
The Global Application Platform as a Service (aPaaS) Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Application Platform as a Service (aPaaS) Market report aims to provide an overview of Application Platform as a Service (aPaaS) Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast,
Specialized Threat Analysis and Protection (STAP) Market Share, Size 2020 Global …
The Global Specialized Threat Analysis and Protection (STAP) Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Specialized Threat Analysis and Protection (STAP) Market report aims to provide an overview of Specialized Threat Analysis and Protection (STAP) Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast,
Sourcing Software Market 2020 by Global Industry Trends, Sales Revenue, Industry …
The Global Sourcing Software Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Sourcing Software Market report aims to provide an overview of Sourcing Software Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Sourcing Software Market Economy
GIS Mapping Software Market Share, Size 2020 Global Growth, New Updates, Trends, …
The Global GIS Mapping Software Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global GIS Mapping Software Market report aims to provide an overview of GIS Mapping Software Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide GIS

All 5 Releases


More Releases for Cloud

Cloud Storage Market
Cloud storage is a complete solution package, which includes software and services to manage, maintain, and store data in a virtual environment. It helps both large and small & medium enterprises to store and access relevant information from data center through the Internet. These data centers are maintained at distant places and are connected through networks, which enable the users to access information using the Internet. Cloud storage gives additional
Global Cloud Storage Market
Global Cloud Storage Market – Industry Analysis and Forecast (2017-2026) – by Type, Deployment Model, Organization Size, Vertical, and Geography. Global Cloud Storage Market was valued US$ 35.1 Bn in 2017 and is expected to reach US$ 197.4 Bn by 2026, at a CAGR of 25.99% during forecast period. Cloud storage is allowing enterprises to store information on remote servers which can be accessed using internet. These remote servers are operated, maintained
Healthcare Cloud Computing Market -
Healthcare Cloud Computing is a broad, proactive endpoint security solution designed to supplement the existing defenses. It is a cyber-security technology that informs the need for constant monitoring and response to advanced threats. This advanced system measure shifts of security from a reactive threat approach to one that can detect and prevent threats before they even reach the organization. Growing cases of enterprise endpoint targeted attacks and necessity to mitigate it
Cloud Orchestration Market Trend
According to a new report Cloud Orchestration Market (2017-2023), published by KBV Research, the Cloud Orchestration Market is expected to attain a market size of $15.6 billion by 2023, growing at a CAGR of 23.5% during the forecast period. The Configuration market dominated the Cloud Orchestration Market by Solution Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 22.9 % during the
Websites in the Cloud
Noxum consults on websites in the Microsoft Cloud Increased website traffic or massive traffic surges means “heavy labor” behind the web interface. Enormous server capacities are needed to compensate for fluctuation and temporary peaks. Cloud websites release companies from the limitations of server hardware. Würzburg - The Noxum GmbH, service and software provider for Cloud solutions, supports companies operating their websites in the Windows Azure Cloud. Enterprises, publishers and online merchants
Agilisys Cloud Services Simplifies Cloud Infrastructure (IaaS)
David Cotterell appointed Managing Director to spearhead private sector growth for Agilisys London, 17 October 2011. Agilisys, one of the UK’s most innovative IT and business services providers, has expanded its cloud services offering by launching Agilisys Cloud Services, a managed IaaS (Infrastructure as a Service) providing a suite of scalable, modular and customisable cloud services including infrastructure, co-location and hosting solutions, along with associated consultancy services, in Agilisys’ dedicated, highly