Cloud Services Market Growth Factors, Trends And Key Players Like - IBM, Microsoft, Amazon

The Business Research Company offers " Cloud Services Global Market Report 2021: COVID-19 Impact And Recovery To 2030" 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 report describes and explains the global cloud services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The cloud services market consists of sales of cloud services by entities (organizations, sole traders and partnerships) that provide cloud services used for the delivery of information technology resources and applications on-demand through an internet platform. Companies in the cloud services market provide access to servers, storage, databases and a broad set of application services managed by a hardware networking. This market includes sales of storage servers which are used to store, access, secure and manage digital data, files and services. It also includes sales of public cloud services, private cloud services, hybrid cloud services and multi-cloud services offered by providers are included. The cloud services market is segmented into software as a service (SaaS); platform as a service (PaaS); infrastructure as a service (IaaS) and business process as a service (BPaaS).

The global cloud services market is expected to grow from $396. billion in 2020 to $467.4 billion in 2021 at a compound annual growth rate (CAGR) of 18%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $798.4 billion in 2025 at a CAGR of 14%.

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Some of the major players of the cloud services market are IBM, Microsoft, Amazon, Google, Salesforce.

The countries covered in the global cloud services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global cloud services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global cloud services market is segmented -
1) By Type: Software as a service (SaaS), Platform as a service (PaaS), Infrastructure as a service (IaaS), Business Process as a service (BPaaS)
2) By End-User Industry: BFSI, Media And Entertainment, IT and Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing, Others
3) By Application: Storage, Backup, and Disaster Recovery, Application Development and Testing, Database Management, Business Analytics, Integration and Orchestration, Customer Relationship Management, Others
4) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud
5) By Organization Size: Large Enterprises, Small And Medium Enterprises

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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
.....
21. Cloud Services Market Competitive Landscape
22. Key Mergers And Acquisitions In The Cloud Services Market
23. Market Background: IT Services Market
24. Recommendations
25. Appendix

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