Cloud Computing Market Size, Share & Industry Analysis, By Type, By Service, By Industry and Regional Forecast

Wed Jul 1, 2020 - 11:06am GMT+0000

This report covers the recent COVID-19 and its impact on Cloud Computing Market.

New York, United States – July 1, 2020 /MarketersMedia/

Cloud computing is the delivery of computing services (including servers, storage, databases, networks, software, analytic, and intelligence) via the Internet (“cloud”) to provide faster innovation, flexible resources, and economies of scale. Usually, you only have to pay for the cloud services you use, which helps reduce operating costs, run infrastructure more efficiently, and expand as business needs change. In general, cloud computing systems are designed to support a surge in demand and customers.

Currently, many large enterprises operating across industries are adopting cloud computing services. At the same time, cloud computing has also been integrated into our lives, more and more people enjoy the convenience of cloud computing, and it is expected that the cloud computing Market share will increase. Cloud computing plays a big role in areas such as healthcare, public sector, customer support, etc., where one has to deal with direct customers, and in the security sector, the cloud computing market has also witnessed significant growth. Most organizations and many government departments and agencies have moved their databases to the cloud to improve resource efficiency and productivity. Reduce costs. Unfortunately, this move exposes sensitive information to hackers, who often launch cyber-attacks to retrieve and misuse data. This, coupled with the constant threat of privacy violations, may hinder the growth of the cloud computing market in the coming years.

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The Major Players Profiled in This Report Include:
Amazon Web Services
Microsoft Azure
Google Cloud Platform

The Type and Application Analysis:
Type Outlook (Revenue, USD Million; 2014-2026):
Public Cloud
Private Cloud
Hybrid Cloud

Application Outlook (Revenue, USD Million; 2014-2026):
Banking, Financial Services, and Insurance (BFSI)
IT and Telecommunications
Consumer Goods and Retail
Health Care

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North America is indeed one of the promising markets for cloud computing. North America is home to some of the largest technology companies such as Google, Microsoft, and IBM. The strong presence of technology tycoons has promoted the development of the North American market. Also, the regulatory and research environment in the region is conducive to the development and adoption of advanced cloud technologies based on artificial intelligence (AI) and machine learning (ML). Therefore, North America is expected to dominate the cloud computing market share in the next few years. The Asia-Pacific region will be a huge market. More human resources, SMEs’ enthusiasm for cloud computing, and government investment in public cloud services will promote the growth of the Asia-Pacific cloud computing market. The rapid deployment of 5G will benefit the market growth in Latin America and the Middle East and Africa. In short, the future of cloud computing is promising in all regions.

Full Table of Content

Cloud Computing Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Cloud Computing Market by Types
Chapter 4 Segmentation of Cloud Computing Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Cloud Computing Market in Major Countries
Chapter 7 North America Cloud Computing Landscape Analysis
Chapter 8 Europe Cloud Computing Landscape Analysis
Chapter 9 Asia Pacific Cloud Computing Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Cloud Computing Landscape Analysis
Chapter 11 Major Players Profile
11.1 Amazon Web Services

11.1.1 Amazon Web Services Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Microsoft Azure

11.2.1 Microsoft Azure Profile and Recent Development

11.2.2 Market Performance

11.2.3 Product and Service Introduction

11.3 IBM

11.3.1 IBM Company Profile and Recent Development

11.3.2 Market Performance

11.3.3 Product and Service Introduction

Chapter 12 Data Source and Research Methodology
The List of Tables and Figures

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Key Questions Answered by This Report:
What is the size and CAGR of the Cloud Computing Market?
What are the key driving factors of the most profitable regional market?
Which are the leading companies in the global market?
How will the Cloud Computing Market advance in the coming years?
What are the main strategies adopted in the global market?
Which region may hit the highest market share in the coming era?
What trends, challenges, and barriers will impact the development and sizing of the Cloud Computing Market?

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Source: MarketersMedia

Release ID: 88966710