Cloud Computing Market 2020 | Growing Technology Opportunities and Future Business Trends to 2030

The Global Cloud Computing Market report mainly studies the size, recent trends and development status of the Cloud Computing market, as well as investment opportunities, government policy, market dynamics (drivers, restraints, opportunities), supply chain and competitive landscape. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream applications. Moreover, Porter’s Five Forces Analysis (potential entrants, suppliers, substitutes, buyers, industry competitors) provides crucial information for knowing the Cloud Computing market. 

In 2019, the impact of COVID-19 on cloud computing market grew at USD 233 billion and is predicted to grow at a CAGR of 19.4% during the forecast period. Major factors affecting the growth of this market includes the offices and enterprises investing in IT infrastructure for cloud service providers, internet service providers and managed hosting providers. Rise in demand for cloud-based services and suitability of public cloud environment is best suited for the current pandemic scenario.

Get Free Sample PDF Brochure Here@ https://www.qurateresearch.com/report/sample/ICT/cloud-computing-market/QBI-FPG-ICT-807074

Cloud Computing Market: Key players

• Google
• IBM
• SAP
• Cloudbees
• Capgemini
• T-mobile
• Vodafone
• Nextiva
• Tencent

Cloud Computing Market: Segments
The cloud computing market can be categorized into segments by technology, by deployment mode, by vertical and by region.

By Technology it can be divided into software as a service (SaaS), infrastructure as a service (IaaS) and platform as a service (PaaS). The SaaS segment is expected to grow the highest CAGR during the forecasted period. It will be impacted by verticals, such as transportation, manufacturing and logistics.

Cloud Computing Market: Drivers
E-commerce and increased productivity to increase the market growth
Cloud computing has become essential due to the covid-19 pandemic, from games to office software. E-commerce is gaining popularity amidst the corona virus lockdown as food selling and other essential supplies delivery is moving online. The online retailers are using cloud hosting solutions that do not disrupt the business. This market is on a rise during the pandemic as it improves ability of the enterprises to examine appropriate data and ensure improved response.

Restraints
High expectations of consumers decrease the market growth The major restraints in the internet of things market are meeting the expectations of the customer in terms of process optimization, keeping the IoT hardware updated, easing security concerns due to various connected networks, connectivity issues, waiting for government regulations.

Get Discount on this Report@ https://www.qurateresearch.com/report/discount/ICT/cloud-computing-market/QBI-FPG-ICT-807074

Cloud Computing Market: Regions

The region segment can be further divided into five major types including North America, Latin America, Europe, APAC and MENA.

In the global market for cloud computing UK holds the first place followed by Germany and France. The increasing investments made by the service providers for increasing their presence in that region and fulfilling requirements of customers is the reason for growth of the market amidst covid-19. North America holds the largest market size in cloud computing among all the other regions.

The Cloud Computing Market report also contains analysis on:
• Cloud Computing Market segments: -
• By technology:
o software as a service (SaaS)
o infrastructure as a service (IaaS)
o platform as a service (PaaS)
• By deployment:
o Private
o public
o hybrid cloud
• By vertical:
o banking financial services and insurance
o healthcare and life sciences
o IT and ITeS
o retail and consumer goods
o telecom
o energy and utilities
o government and public sector
o manufacturing

• By organization size
o large enterprises
o small enterprises
o medium sized enterprises
• Cloud Computing Market dynamics
• Cloud Computing Market size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

Contact Us:
Nehal Chinoy
Runwal Platinum,
Ramnagar Colony, Bavdhan,
Pune, Maharashtra, India-411021
IN +919881074592
info@qurateresearch.com
https://www.qurateresearch.com/

About Us:
Qurate Business Intelligence delivers unique market research solutions to its customers and help them to get equipped with refined information and market insights derived from reports. We are committed to providing best business services and easy processes to get the same. Qurate Business Intelligence considers themselves as strategic partners of their customers and always shows the keen level of interest to deliver quality.

This release was published on openPR.