Press release
Cloud Services Global Market Predicted to Augment and Reach over $666.01 Billion at a CAGR of 8.8% By 2028 | IBM Corporation, Oracle Corporation, Dell Technologies Inc., Salesforce, Hitachi Ltd.
Cloud Services Market
As per the report, the cloud services market size has grown steadily in recent years. It will grow from $452.59 billion in 2023 to $475.04 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The cloud services market size is expected to see strong growth in the next few years. It will grow to $666.01 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=3569&type=smp
Online Gaming Fuels Surge In Cloud Services Demand
Growing adoption of online gaming is expected to propel the growth of the cloud services market going forward. Online gaming refers to video games that are played over the internet or any other computer network available. Cloud services are used in online gaming to provide platform-independent gaming, accessibility, scalability, cost-effectiveness, convenience, and an improved gaming experience. For instance, in March 2023, according to a blog shared by CyberCrew UK, a UK-based online audio and video media company, the number of gamers in the UK had grown by 63% since the 2021 lockdown. Consumers who play video games spent $5.2 billion on them in 2020. It is the first-time video game sales in the UK have surpassed $5 billion. By 2025, revenue might reach $7.6 million. Therefore, growing adoption of online gaming is driving the growth of the cloud services market.
Emerging Tools In The Cloud Services Market
The introduction of new tools is a key trend gaining popularity in the cloud services market. Cloud services tools refer to the infrastructure, platforms, or software that are hosted by third-party providers and made available to users through the internet. For instance, in September 2022, Google LLC, a US-based technology company, launched new data and analytics capabilities for its data cloud. These include new data sharing and data lake platforms and are designed to let users access more data at lower expense. These tools are aimed at overcoming the barriers that commonly limit what organizations are able to do with data.
The cloud services market covered in this report 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 Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud
3) By Organisation Size: Large Enterprises, Small And Medium Enterprises
4) By Application: Storage, Backup, and Disaster Recovery, Application Development and Testing, Database Management, Business Analytics, Integration and Orchestration, Customer Relationship Management, Other Applications
5) By End-User Industry: BFSI, Media And Entertainment, IT and Telecommunications, Energy And Utilities, Government And Public Sector, Retail And Consumer Goods, Manufacturing, Other End User Industries
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=3569&type=discount
Major companies operating in the cloud services market report are Amazon, Microsoft Corporation, IBM Corporation, Oracle Corporation, Dell Technologies Inc., Salesforce, SAP, Alphabet Inc., Alibaba Group Holding Limited, Nippon Telegraph And Telephone Corp, Kingsoft Corporation, UCloud Information Technology, Tencent Cloud, KingCloud, Fujitsu Ltd., Hitachi Ltd., KDDI Corporation, Infosys Technologies Ltd., Tata Consultancy Services, Cisco Systems, Zenith Infotech Limited, DigitalOcean, Inc., Wipro Ltd, NetApp India Pvt Ltd., SAVVIS Australia Pty Ltd, OVH, CloudSigma AG, Capgemini SE, Castleton Technology PLC, Caretower Ltd, Niu Solutions, HPE United Kingdom, SiteGround, CROC Incorporated, Servionica, Comarch, Onlanta Ltd., Red Hat, Inc., Google LLC, Adobe Inc., Claro, Locaweb, AllCloud Platforms Ltd, Commtouch, Visual Tao, Libox, LiveRoute
Contents of the report:
1. Executive Summary
2. Cloud Services Market Report Structure
3. Cloud Services Market Trends And Strategies
4. Cloud Services Market - Macro Economic Scenario
5. Cloud Services Market Size And Growth
…..
27. Cloud Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/cloud-services-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cloud Services Global Market Predicted to Augment and Reach over $666.01 Billion at a CAGR of 8.8% By 2028 | IBM Corporation, Oracle Corporation, Dell Technologies Inc., Salesforce, Hitachi Ltd. here
News-ID: 3584993 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Cloud
Government Service Cloud Market SWOT Analysis by Leading Key Players: Google Clo …
HTF MI just released the Global Government Service Cloud Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Government Service Cloud Market are:
Amazon Web…
Cloud Model Hosting Platform Market Size, Status, Global Outlook 2025 To 2033 | …
New Jersey, United States: The latest research study by Infinity Business Insights, titled 'Global Cloud Model Hosting Platform Market,' 118 analysis on business strategies adopted by key and emerging industry players. It provides insights into current market developments, trends, technologies, drivers, opportunities, and overall market outlook. Understanding various segments is crucial for identifying the factors that drive market growth. Some of the major companies featured in this report include Amazon Web…
AI Supercomputing Cloud Market to Witness Huge Growth by 2029 | AWS, Oracle, Mic …
The AI Supercomputing Cloud Market a detailed study added to provide most recent insights about critical reports of the Global AI Supercomputing Cloud market. This report provides a detailed overview of key factors in the AI Supercomputing Cloud Market and factors such as driver, limitation, past and current trends, guiding scenarios, and technology development. In addition, AI Supercomputing Cloud Market attractiveness according to country, end-user, and other measures is also…
Open Cloud Services Market Size in 2023 To 2029 | Google Cloud - T-Systems - IBM …
The Open Cloud Services market report includes market-driving factors, major obstacles, and restraining factors impeding market growth. The report assists existing manufacturers and start-ups in developing strategies to combat challenges and capitalize on lucrative opportunities to gain a foothold in the global market. Moreover, the report provides thorough information about prime end-users and annual forecast during an estimated period.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 + 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 ➡️ https://www.reportsnreports.com/contacts/requestsample.aspx?name=6778415
𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝…
Mini Program Development Services Market Size in 2023 To 2029 | Tencent Cloud, A …
The Mini Program Development Services market report provides valuable insights for new entrants and stakeholders, offering a comprehensive understanding of market dynamics. It analyzes the competitive landscape and future market scenarios using tools like Porter's five forces and parent/peer market analysis. The report evaluates the product portfolios and services of key market players in detail. It also examines the impact of government regulations during the Covid-19 pandemic and provides market…
Customized Cloud Service Market May See a Big Move | IBM Cloud, Oracle Cloud, Al …
Global Customized Cloud Service Market Growth (Status and Outlook) 2023-2029 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Customized Cloud Service Market. Some of the key players profiled in the study are Google…
