Cloud Computing Market share is Estimated to Reach US$ 285.3 Billion by the end of 2025, with a CAGR of 29.2% - Valuates Reports

BANGALORE, India, Oct. 29, 2019 /PRNewswire/ -- CLOUD COMPUTING MARKET OVERVIEW:

The global cloud computing market size for 2018 was US$ 36,700 million and is anticipated to achieve US$ 28,5300 million by the end of 2025, with a CAGR of 29.2% in 2019-2025.

This report focuses on the global cloud computing market share, analysis, size, future forecast, industry growth, key market and key players. The study objectives are to present the cloud computing market analysis development in the United States, Europe and China.

Cloud computing platforms and apps are increasing across companies, serving as the IT infrastructure that drives new digital enterprises. It is anticipated that variables such as increased automation and agility, improved customer experience, and increased price savings and investment returns will drive market growth.

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CLOUD COMPUTING MARKET TRENDS

• Increase in adoption of hybrid cloud service is expected to provide growth opportunity for vendors in the cloud computing market.
• Increasing BYOD trend, as well as several benefits that cloud computing offers over on-premise IT system

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REGION WISE CLOUD COMPUTING MARKET ANALYSIS

• North America has accounted for more than half of the world's cloud computing market share; mainly due to the United States.
• APAC is anticipated to offer significant growth possibilities for cloud computing market. A few variables driving the implementation of cloud computing in this region are the growing availability of skilled labor and the keen concentrate given by SMEs and big companies to enter and develop in this region.
• Northern European companies are approaching 50% adoption rates, with single-figure adoption rates for companies in Central and Eastern Europe. Cloud computing market growth in Europe is gaining ground slowly.

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Cloud Computing Market, Segments Based on Region

• United States
• Europe
• China
• Japan
• Southeast Asia
•  India
• Central & South America

CLOUD COMPUTING MARKET BY SEGMENTS AND CLASSIFICATION

The overall cloud computing market is classified into three sections based on application, type, and region.

Cloud Computing Market, Segments Based on Type

• Infrastructure as a service (IaaS)
• Platform as a Service (PaaS)
• Software as a Service (SaaS)

Cloud Computing Market, Segments Based on Application

• Government
• Small and Medium-sized enterprises
• Large enterprises

FEATURED COMPANY

The cloud computing market share is highly competitive with both global and local companies fighting to establish their base. Some of the major companies discussed in this report are,

• Amazon Web Services
• Microsoft Azure
• IBM
• Aliyun
• Google Cloud Platform
• Salesforce
• Rackspace
• SAP
• Oracle
• VMware Inc
• Dell Inc
• EMC
• GIANT
• Microsoft

The study objectives of this report are:

• To analyze global cloud computing market status, future forecast, growth opportunity, key market and key players.
• To present the cloud computing market development in the United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the cloud computing market by product type, market and key regions.

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WHAT CLOUD COMPUTING MARKET REPORT HAS TO OFFER

This study focuses on the status of worldwide cloud computing, future forecast, opportunities for development, primary market, and important players. The research goals are to show the growth of cloud computing in the U.S., Europe, and China.

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