Cloud Computing Market to Reach USD 1.69 Trillion by 2030, Driven by SaaS Adoption and Regional Growth in Asia-Pacific

Mordor Intelligence has published a new report on the Cloud Computing Market, offering a comprehensive analysis of trends, growth drivers, and future projections.

Cloud Computing Market Overview
The global cloud computing market is projected to reach USD 0.79 trillion by 2025, with expectations to grow at a compound annual growth rate (CAGR) of 16.4%, reaching USD 1.69 trillion by 2030. This growth is fueled by the increasing demand for scalable and cost-effective IT solutions across various industries. Cloud computing offers services such as servers, storage, databases, networking, software, analytics, and intelligence over the internet, enabling businesses to innovate faster and operate more efficiently.

Report Overview: https://www.mordorintelligence.com/industry-reports/cloud-computing-market?utm_source=openpr

Cloud Computing Market Key Trends

Rise of Hybrid and Multi-Cloud Strategies

Organizations are increasingly adopting hybrid and multi-cloud approaches to optimize their IT infrastructure. These strategies combine public, private, and on-premises solutions, offering flexibility, scalability, and improved resource management. Hybrid cloud solutions are particularly appealing for businesses aiming to balance performance, security, and cost-efficiency.

Integration of AI and Machine Learning

Advancements in artificial intelligence (AI) and machine learning (ML) are transforming cloud computing. These technologies enable enhanced data processing, predictive analytics, and automation, providing businesses with deeper insights and improved decision-making capabilities.

Expansion of Edge Computing

The proliferation of Internet of Things (IoT) devices has led to increased interest in edge computing. By processing data closer to the source, edge computing reduces latency and bandwidth usage, making it essential for real-time applications and services.

Cloud Computing Market Segmentation:

By Computing Type:

Infrastructure as a Service (IaaS)

Software as a Service (SaaS)

Platform as a Service (PaaS)

By End-user Verticals:

IT and Telecom

Banking, Financial Services, and Insurance (BFSI)

Retail and Consumer Goods

Manufacturing

Healthcare

Media and Entertainment

By Geography:

North America

United States

Canada

Europe

United Kingdom

Germany

France

Spain

Nordics

Benelux

Asia

China

India

Japan

South Korea

Australia and New Zealand

Latin America

Middle East and Africa

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Key Players
The cloud computing market is characterized by the presence of several major players:

Amazon Web Services (AWS): Leading provider offering a wide range of cloud services.

Microsoft Corporation: Offers Azure cloud platform with integrated AI and ML capabilities.

Google LLC: Provides Google Cloud Platform, focusing on data analytics and machine learning.

Alibaba Cloud: China-based provider expanding its global presence.

Salesforce, Inc.: Specializes in cloud-based customer relationship management solutions.

These companies are continuously innovating and expanding their services to meet the evolving needs of businesses worldwide.

Conclusion
The cloud computing market is steadily gaining traction as more organizations turn to flexible and efficient IT infrastructure solutions. Factors such as the growing preference for SaaS platforms, the increased use of hybrid and multi-cloud environments, and the deeper integration of artificial intelligence and machine learning are contributing to its widespread adoption. Additionally, the rising need for real-time processing through edge computing highlights the evolving priorities of businesses. As digital transformation becomes a strategic priority across industries, cloud computing is set to remain an essential part of how companies manage operations, deliver services, and adapt to changing technological demands.

Industry Related Reports
Cloud Computing in Healthcare Market: The Report Covers Global Healthcare Cloud Computing Market Analysis & Trends and it is Segmented by Application (Clinical Information Systems (CIS) and Non-clinical Information Systems (NCIS)), Deployment (Private Cloud and Public Cloud), Service (Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), and Platform-as-a-Service (PaaS)), End User (Healthcare Providers and Healthcare Payers), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South America).

To know more visit this link: https://www.mordorintelligence.com/industry-reports/global-healthcare-cloud-computing-market-industry?utm_source=openpr

India Cloud Computing Market: The Report Covers India's Cloud Computing Companies. The Market is Segmented by Type (Public Cloud, Private Cloud, and Hybrid Cloud), Organization Type (SMEs and Large Enterprises), and End-User Industries (Manufacturing, Education, Retail, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, and Government and Public Sector).

To know more visit this link: https://www.mordorintelligence.com/industry-reports/india-cloud-computing-market?utm_source=openpr

Saudi Arabia Cloud Services Market: The Saudi Arabia Cloud Services Market is Segmented by Deployment (Public Cloud (Software-As-A-Service, Platform-As-A-Service, Infrastructure-As-A-Service), Private Cloud), by End-User Industry (Oil, Gas & Utilities, Government & Defense, Healthcare, Financial Services, Manufacturing & Construction).

To know more visit this link: https://www.mordorintelligence.com/industry-reports/saudi-arabia-cloud-services-market?utm_source=openpr

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This release was published on openPR.