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Global Cloud Infrastructure Market is Projected to Reach Around USD 405 Billion By the End of 2028 with a Growing CAGR of 11% | Infinium Global Research
Infinium Global Research, a leading market research firm, has recently released an insightful report on the dynamic landscape of the Cloud Infrastructure Market. This extensive study delves into segments and sub-segments, providing an in-depth analysis of the global and regional cloud infrastructure market. As the report elucidates the impact of drivers, restraints, and macro indicators over the short and long term, it paints a comprehensive picture of emerging trends, forecasts, and dollar values. According to the report, the global cloud infrastructure market is set to experience substantial growth, projected at a CAGR of about 11% during the forecast period from 2022 to 2028.To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/42527
Reaching New Heights: The Cloud Infrastructure Market Soars
In 2022, the cloud infrastructure market generated approximately USD 210 billion in revenue, a figure poised to soar to over USD 405 billion by 2028. The market's remarkable growth is fueled by an array of factors, including the escalating global demand for cloud services, the proliferation of cloud service providers, a rapid surge in demand for cloud computing, and an increasing appetite for hybrid cloud platforms and AI cloud. Moreover, the swift adoption of Artificial Intelligence (AI) to solve business problems is identified as a significant driver propelling revenue growth.
Riding the Wave of Technological Advancements
Cloud computing is at the forefront of the digital revolution, supporting organizations across various industries in modernizing their application and infrastructure landscape. The adoption of cloud platforms is particularly pronounced in Banking, Financial Services, and Insurance (BFSI), as well as the Telecommunications and Information Technology Enabled Services (ITES) sectors. The introduction of cutting-edge technologies such as Machine Learning and AI further amplifies the market's expansion. Organizations worldwide leverage cloud services to run critical business activities efficiently, enhance business workloads, and mitigate the challenges of network latency. Cloud computing, with its efficiency and agility, facilitates seamless adaptation to changing market environments, driving behavioral changes among individuals and businesses alike.
Challenges and Opportunities in the Cloudscape
Despite its impressive growth trajectory, the cloud infrastructure market faces challenges such as concerns related to data breaches and dependency on internet connectivity. These factors, along with the consequences of a data breach, contribute to restraining the revenue growth of the market.
Impact of the COVID-19 Pandemic
The global cloud infrastructure market felt the reverberations of the COVID-19 pandemic, resulting in an unprecedented decline in demand. The pandemic-induced workplace transformations, with people compelled to stay home due to government-imposed restrictions, significantly impacted the market dynamics. The increased demand for essential products and the heightened focus on health and safety created a temporary disruption in the cloud infrastructure market.
Regional Dynamics and Growth Opportunities
In the regional outlook, North America emerges as a dominant force in the cloud infrastructure market, anticipated to witness substantial growth with a significant CAGR. The region's emphasis on digital transformation and early adoption of next-generation technologies positions it as the fastest-growing market. Companies in the U.S. are at the forefront of adopting IoT, big data analytics, AI, and other technologies, further fostering the market's expansion. Meanwhile, the Asia Pacific region is projected to experience the fastest growth, driven by increasing industrialization and rapid technological advancements.
Key Market Segments
The report categorizes the cloud infrastructure market into types (hardware and services) and end-users (Banking, Financial Services, and Insurance (BFSI), Consumer Goods & Retail, Healthcare, Manufacturing, and others).
Key Industry Players
Profiles of major companies in the cloud infrastructure market, including Adobe Inc., Alibaba Group Holding Limited, Google LLC, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Salesforce.com Inc., SAP SE, and Workday, Inc., are featured in the report.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Cloud Infrastructure Market Highlights
2.2. Cloud Infrastructure Market Projection
2.3. Cloud Infrastructure Market Regional Highlights
Chapter 3. Global Cloud Infrastructure Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Analysis of COVID-19 impact on the Cloud Infrastructure Market
3.4. Porter's Five Forces Analysis
3.5. IGR-Growth Matrix Analysis
3.5.1. IGR-Growth Matrix Analysis by Type
3.5.2. IGR-Growth Matrix Analysis by End-user
3.5.3. IGR-Growth Matrix Analysis by Region
3.6. Value Chain Analysis of Cloud Infrastructure Market
Chapter 4. Cloud Infrastructure Market Macro Indicator Analysis
Chapter 5. Global Cloud Infrastructure Market by Type
5.1. Hardware
5.2. Services
Chapter 6. Global Cloud Infrastructure Market by End-user
6.1. Banking, Financial Services, and Insurance (BFSI)
6.2. Consumer Goods & Retail
6.3. Healthcare
6.4. Manufacturing
6.5. Others
Chapter 7. Global Cloud Infrastructure Market by Region 2022-2028
7.1. North America
7.1.1. North America Cloud Infrastructure Market by Type
7.1.2. North America Cloud Infrastructure Market by End-user
7.1.3. North America Cloud Infrastructure Market by Country
7.2. Europe
7.2.1. Europe Cloud Infrastructure Market by Type
7.2.2. Europe Cloud Infrastructure Market by End-user
7.2.3. Europe Cloud Infrastructure Market by Country
7.3. Asia-Pacific
7.3.1. Asia-Pacific Cloud Infrastructure Market by Type
7.3.2. Asia-Pacific Cloud Infrastructure Market by End-user
7.3.3. Asia-Pacific Cloud Infrastructure Market by Country
7.4. RoW
7.4.1. RoW Cloud Infrastructure Market by Type
7.4.2. RoW Cloud Infrastructure Market by End-user
7.4.3. RoW Cloud Infrastructure Market by Sub-region
Chapter 8. Company Profiles and Competitive Landscape
8.1. Competitive Landscape in the Global Cloud Infrastructure Market
8.2. Companies Profiles
8.2.1. Adobe Inc.
8.2.2. Alibaba Group Holding Limited
8.2.3. Google LLC
8.2.4. International Business Machines Corporation
8.2.5. Microsoft Corporation
8.2.6. Oracle Corporation
8.2.7. Salesforce.com Inc.
8.2.8. SAP SE
8.2.9. Workday, Inc.
8.2.10. Others
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/reports/enquiry/42527
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of cloud infrastructure.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2028.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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