Cloud Services Market Analysis and the Impact of COVID-19 Key Vendors, Growth Rate and Forecast To 2023

The Business Research Company offers "Cloud Services Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The cloud services market consists of sales of cloud services services by entities (organizations, sole traders and partnerships) that provide cloud services or the delivery of information technology resources and applications on-demand through an Internet platform. Companies in the cloud services industry provide access to servers, storage, databases and a broad set of application services managed by a hardware networking.

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The global cloud services market is expected to grow from $344.4 billion in 2019 to $354.8 billion in 2020 at a compound annual growth rate (CAGR) of 3.1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.

Cloud services companies are offering concise solutions and quick turnarounds for their customers. Changes in data processing technologies enable companies to move functions to data rather than data moving to functions. Bypassing layers of the technology stack has improved cloud services companies' productivity.

Cloud Services Market Segmentation:
By Type
1. Software as a service (SaaS)
2. Platform as a service (PaaS)
3. Infrastructure as a service (IaaS)
4. Business Process as a service (BPaaS)

By End-User Industry
1. BFSI
2. Media And Entertainment
3. IT and Telecommunications
4. Energy And Utilities
5. Government And Public Sector
6. Retail And Consumer Goods
7. Manufacturing
8. Others

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Cloud Services Market Characteristics
4. Cloud Services Market Product Analysis
5. Cloud Services Market Supply Chain
……
19. Cloud Services Market Competitive Landscape
20. Key Mergers And Acquisitions In The Cloud Services Market
21. Market Background: IT Services Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the cloud services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the cloud services market are IBM; Microsoft; Amazon; Google; Salesforce

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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