Global Cloud Computing Market Top Leading Players with Strategies and Forecast 2022-2028
Increasing usage of IaaS is significantly supporting the growth of the market. The increasing usage of smartphones and other devices to access the internet has hastened the digitalization trend among firms that often generate large volumes of data. Due to these factor, organizations are concerned about losing focus on core business operations and meeting client demand. IaaS lowers the cost of deploying IT infrastructure, and hardware, and recruiting qualified personnel. As a result of these advantages, use of IaaS is further expected to increase during the forecast period.
The market players are also contributing significantly to the market's growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in June 2020, Google and Telefonica collaborated under which Google plans to build a cloud region in Spain, which will use Telefonica's Madrid area infrastructure. This collaboration also aims to help Spain's economy rebound post-COVID-19 by encouraging company digitalization and assisting the country's public administration.
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• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Service
o By Deployment
o By End-User
• Regions Covered-
o North America
o Rest of the World
• Competitive Landscape- Adobe Inc., Alibaba Group Holding Ltd., Amazon.com, Inc., Google LLC, and IBM Corp., among others
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
A full report of Global Cloud Computing Market is available at:
Global Cloud Computing Market Report by Segment
• IT & Telecom
• Retail & Consumer Goods
Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
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