Cloud-Based Computing Market Report Delivering Growth Analysis 2021-2028 With Key Trends Of Top Companies | IBM, Microsoft, Google, Oracle, Alibaba Cloud

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Cloud-based computing market size is valued at USD 1424.89 million by 2028 is expected to grow at a compound annual growth rate of 17.54% in the forecast period of 2021 to 2028. Data Bridge Market Research report on cloud-based computing provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

The rapid shift in the inclination of enterprises toward automation and agility is expected to influence the growth of cloud-based computing market over the forecast period of 2021 to 2028. Also the improved customer experience with personalization and collaboration and rise in the return on investments with lower infrastructure and storage costs are also anticipated to flourish the growth of the cloud-based computing market. Furthermore, the high demand for remote workspaces with COVID-19 outbreak and increase in the demand for cloud-based business continuity tools and services are also likely to positively impact the growth of the market. Moreover, the rise in the need for disaster recovery and contingency plan and the propagation of digital content and upsurge in internet usage are also expected create a huge demand for speaker driver as well as lifting the growth of the cloud-based computing market.

Global Cloud-Based Computing Market Scope and Market Size

Cloud-based computing market is segmented on the basis of service model, deployment mode, organization size and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of service model, the cloud-based computing market is segmented into infrastructure as a service, platform as a service and software as a service. Infrastructure as a service has further been segmented into primary storage, disaster recovery and backup, archiving and compute. Platform as a service has further been segmented into application development and platforms, application testing and quality, analytics and reporting, integration and orchestration and data management. Software as a service has further been segmented into customer relationship management (CRM), enterprise resource management (ERM), human capital management (HCM), content management, collaboration and productive suites, supply chain management (SCM) and others. Others have further been sub-segmented into business intelligence (BI) and analytics, PPM and operations and manufacturing applications.
On the basis of deployment mode, the cloud-based computing market is segmented into public cloud, community cloud, private cloud and hybrid cloud.
The organization size segment of the cloud-based computing market is segmented into small and medium-sized enterprises and large enterprises.
Based on end user, the cloud-based computing market is segmented into banking, financial services and insurance, IT and telecommunications, government and public sector, retail and consumer goods, manufacturing, energy and utilities, media and entertainment, healthcare and life sciences and others. Others have further been sub-segmented into education, travel and hospitality and transportation and logistics.

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The countries covered in the cloud-based computing market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).

North America leads the cloud-based computing market due to the high adoption of cloud computing solutions and the strong presence of numerous vendors. Asia-Pacific is expected to expand at a significant growth rate of over the forecast period of 2021 to 2028 due to the high growth of China and India associated with the emergence of regional players.

Leading Key Players Operating in the Cloud-Based Computing Market Includes:

The major players covered in the cloud-based computing market report are IBM, Microsoft, Google, Amazon Web Services, Inc., Oracle, Alibaba Cloud, VMware, Inc., Intel Corporation, RACKSPACE TECHNOLOGY, Adobe, Verizon, Lumen, FUJITSU, NTT Communications Corporation, Kamatera, Inc., DigitalOcean, LLC., massiveGRID Ltd., Liquid Web, LLC, Salesforce, Charter Communications, and CloudSigma AG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Scope of the Study:

Cloud-Based Computing Market revenue forecasts across three post-COVID pandemic case scenarios, 2021- 2028
Cloud-Based ComputingCloud-Based Computing market size outlook by type, 2021- 2028
Cloud-Based ComputingCloud-Based Computing market size outlook by application segment, 2021- 2028
Cloud-Based ComputingCloud-Based Computing market outlook of 15 countries, 2021- 2028
Strategies, Trends, Drivers, and Risks facing Cloud-Based Computing companies
Company profiles of leading five players in Cloud-Based Computing industry
Market News and Developments

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