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COVID-19 Impact on Cloud Computing Market 2020-2021: AWS, Microsoft, Google, Alibaba, SAP, IBM, Oracle, VMware, Rackspace, Salesforce, Adobe, Verizon, CenturyLink, Fujitsu and Others.
According to Market Study Report, Cloud Computing Market provides a comprehensive analysis of the Cloud Computing Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the Cloud Computing Market. An exclusive data offered in this report is collected by research and industry experts team. This report spread across 63 pages, profiling 25 companies and supported with 09 tables and 24 figures are now available in this research.Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=3193530
The majority of the enterprises across verticals have adopted the work from home model to safeguard employee well-being and maintain operational efficiency, surging the demand for Software-as-a-Service (SaaS)-based collaboration solutions. There would be a surge in demand for a range of other SaaS-based business continuity and productivity tools in the next few years, such as Customer Relationship Management (CRM)/Digital Experience Platform, Online Marketing tools, Cloud Enterprise Resource Planning (ERP), Business Process Management (BPM), Virtual desktop infrastructure (VDI), Enterprise Content Management, Learning Management Systems (LMS), Cloud-native security platforms, Contact center, and Artificial Intelligence (AI) and Analytics.
Top Key Players Profiled in the Cloud Computing Market:
o AWS (US)
o Microsoft (US)
o Google (US)
o Alibaba (China)
o SAP (Germany)
o IBM (US)
o Oracle (US)
o VMware (US)
o Rackspace (US)
o Salesforce (US)
o Adobe (US)
o Verizon (US)
o CenturyLink (US)
o Fujitsu (Japan)
o NTT Communications (Japan)
o Cisco (US)
o Dell (US)
o Equinix (US)
o HPE (US)
o Inspur (China)
o Cyrusone (US)
o Digital Relty (US)
o Lenovo (Hong Kong)
o Tencent (China)
o SAP (US)
o Cloudbees (US)
o Servicenow (US)
o Mendix (US)
o Engine Yard (US)
o ADP (US)
o Workday (US)
o Ringcentral (US)
o Mitel (Canada)
o 8x8 (US)
o Slack (US)
o Zoom (US)
o Docusign (US)
o Citrix (US)
o Okta (US)
o Nextiva (US)
o Intermedia (US)
o CrowdStrike (US)
o Carbonite (US)
o Cyberark (US)
o Infosys (India)
o Accenture (Ireland)
o Capgemini (France)
o TCS (India)
o AT&T (US)
o T-Mobile (US)
o Vodafone (United Kingdom)
"The retail segment to show the highest growth rate during the forecast period"
The consumer goods and retail segment is estimated to grow at the highest CAGR in the cloud market during the forecast period, followed by the IT & ITeS segment. Retailers are upgrading their IT infrastructure to take advantage of the unified and collaborated workforce to increase overall productivity.
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"The healthcare segment to record higher investment and growth in 2020"
The healthcare systems need scalable and secured cloud infrastructure to manage and maintain patient information with high speed and flexibility. During the COVID-19 pandemic, there is a high need for technologies such as cloud computing for the analysis of patients' data. As the number of electronic health records is increasing, healthcare providers are expanding the use of scalable and highly secure storage cloud solutions to cater to a large number of cases.
"North America to record the highest market share in the impact of COVID-19 on Cloud market in 2019"
North America held the largest market share in the impact of COVID-19 on cloud solutions across the major verticals. COVID-19 has severely affected the North American region due to various factors, such as a high number of immigrants traveling in the region, no initial stage lockdown in the country, and presence of a large number of virus carriers in the country at once, spreading the disease at a rapid pace.
Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
o By Designation: C-level - 35%, Directors - 25%, and Others - 40%
o By Region: North America - 45%, Europe - 20%, APAC - 30%, and RoW- 5%
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Reason to access this report:
The report is expected to help the market leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall impact of COVID-19 on the cloud market and its segments. This report is also expected to help stakeholders understand the competitive landscape and gain insights to improve the position of their businesses and to plan suitable go-to-market strategies.
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