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Cloud Services Market Trends, Share, Size, Growth, Opportunity And Forecast 2022-2030
Cloud Services Market
https://www.thebusinessresearchcompany.com/global-market-reports
According to The Business Research Company's The global cloud services market reached a value of nearly $396,103.3 million in 2020, having increased at a compound annual growth rate (CAGR) of 12.5% since 2015. The cloud services market is expected to grow from $396,103.3 million in 2020 to $ 798,843.9 million in 2025 at a rate of 15.1%. The growth is mainly due to the IoT technology adoption by manufacturing, transportation services, and other industries. The cloud services market is expected to grow from $798,843.9 million in 2025 to $1,429,672.6 million in 2030 at a CAGR of 12.3%.
Adoption of cloud-based solutions in developing economies such as India, China, Brazil, and Africa will drive the growth of the market. These countries require cost-effective solutions as they are in lack financial resources and are on verge of development. Also, during pandemic situations, the companies in these countries can benefit from saving their IT expenditures by adopting cloud computing services.
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The cloud services market is segmented -
• By Type: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS), Business Process as a Service (BPaaS)
• By End-Use Industry: BFSI (Banking, Financial Services, And Insurance), Media And Entertainment, IT & Telecom, Manufacturing, Retail, Education Healthcare
• By Application: Storage, Backup, and Disaster Recovery, Application Development and Testing, Database Management, Business Analytics, Integration and Orchestration, Customer Relationship Management (CRM)
• By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud
• By Enterprise Size: Small & Medium Enterprises (SMEs), Large Enterprises
Major competitors in the cloud services market include Amazon, Microsoft Corporation, IBM Corporation, Oracle Corporation, Dell Technologies Inc.
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https://www.thebusinessresearchcompany.com/report/cloud-services-market
The cloud services market consists of sales of cloud services by entities (organizations, sole traders, and partnerships) that provide 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 through the internet. The cloud services market includes sales of storage servers that are used to store, access, secure, and manage digital data, files, and services. In this report, sales of public cloud services, private cloud services, hybrid cloud services, and multi-cloud services offered by providers are included.
The Table Of Content For The Cloud Services Market Include:
1. Cloud Services Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
25. Market Background: IT Services Market
26. Global Cloud Services Market Opportunities and Strategies
27. Global Cloud Services Market Conclusions And Recommendations
28. Appendix
The Business Research Company's "Global Cloud services Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. 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. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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