Global Cloud Computing Market - Ken Research

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• 5 Key Insights on US 1200 Bn Opportunity in
  Global Cloud Computing Market Ken Research
• Driven by the integration of Big Data,
  Artificial Intelligence, and Machine Learning
  with cloud Spur the Market growth, the Global
  Cloud Computing Market is forecasted to Cross US
  1200 Bn by 2028 says Ken Research Study.
• Cloud Computing is the online delivery of
  IT resources on-demand to consumers instead
  of purchasing, owning, and maintaining
  physical, and the payment of the resources
  is done consumption basis. Cloud services
  can either be public or private, yet these
  are typically delivered by third parties
  through various endpoints like websites,
  application software, and mobile apps. It
  provides three types of services SaaS, PaaS, and
  IaaS, where SaaS is leading the market as it
  is delivered with a fully digitalized
  business experience and the lifecycle of a
  fully automated service, that is designed for any
  carrier-grade network.
• According to Ken Research estimates, the
  Global Cloud Computing Market which is
  estimated to be around US 450 Bn by 2022 and is
  expected to grow further into a more than US
  1200 Bn opportunity by 2028 with a CAGR of 15 -
  Ken Research shares 5 key insights on this high
  opportunity market from its latest research
  study
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• Cloud Computing Market is Driven by Active
  Embrace of this Technology by User Business
  Organizations and Introduction of New Cloud
  Solutions by Vendors.
• Several businesses are embracing cloud
  computing services to develop and progress
  their existing business model by
  engaging in various growth strategies
  including partnerships, investments, alliances,
  and acquisitions. Cloud computing services
  also make it easier to track, compare, and
  evaluate business activities and make sure
  that corporate operations are by client requests.
  Many businesses are investing in big data, IoT,
  artificial intelligence, and 5G technologies to
  obtain important business insights for
  decision-making. There are many new
  opportunities for companies to progress as
  a result of the increasing demand for
  analytics and big data technologies in the
  cloud computing market.
• Key vendors in the cloud computing market
  focus on introducing new cloud solutions,
  services, and workloads and upgrading of
  capabilities of their current offerings to
  strengthen their foothold in the market. To
  improve their market position and cloud
  capabilities, vendors often take part in mergers
  and acquisitions. In October 2020, SAP SE
  announced that it had reached a deal to
  buy Omni channel customer interaction
  platform vendor Emarsys. Through the
  purchase, SAP SE was able to integrate the
  Emarsys customer interaction platform with
  its Experience Management and S/4HANA
  technologies. SAP Customer Experience solutions
  would be able to activate the chosen channel of
  the customer with a pertinent and
  constantly tailored message thanks to

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Emarsys technology, linking commerce
customers to select their interactions.
signals
with
the back
office
and allowing
Global Cloud Computing Market Revenue Forecast, 2022-2028
US 1200 Bn US 450 Bn 2022E 2028F
Source Ken Research Analysis

• The Adoption of Cloud Computing in India,
  China, Brazil, and Africa Account for the
  Growth of the Market.
• The adoption of cloud-based solutions in
  developing economies such as India, China,
  Brazil, and Africa is expected to drive
  market growth in the near future. As
  developing economies, these countries require
  cost-effective infrastructural solutions due
  to a lack of adequate technologies and
  finance. By utilizing cloud solutions,
  developing nations have managed to reduce their
  IT expenditures during the COVID-19 pandemic
  situation. Organizations are fully able to
  utilize on-demand, scalable cloud models to
  achieve cost- effectiveness and business
  continuity to accelerate their aims for
  digital business transformation. In April
  2022, China Internet Watch, a leading
  digital publication on Chinas internet
  statistics, trends predicted that the cloud
  infrastructure services spend in 2021 in China
  was US 27 Bn, and it is expected to reach US 85
  Bn by 2026.

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Chinas Cloud Infrastructure Services Spend Forecast (US Bn), 2021-2026 Chinas Cloud Infrastructure Services Spend Forecast (US Bn), 2021-2026 Chinas Cloud Infrastructure Services Spend Forecast (US Bn), 2021-2026 Chinas Cloud Infrastructure Services Spend Forecast (US Bn), 2021-2026 Chinas Cloud Infrastructure Services Spend Forecast (US Bn), 2021-2026 Chinas Cloud Infrastructure Services Spend Forecast (US Bn), 2021-2026
85
71
60
47
35
27
2021 2022 2023 2024 2025 2026
Source China Internet Watch, Ken Research Analysis Source China Internet Watch, Ken Research Analysis Source China Internet Watch, Ken Research Analysis Source China Internet Watch, Ken Research Analysis Source China Internet Watch, Ken Research Analysis Source China Internet Watch, Ken Research Analysis
Source U.S. Food and Drug Administration (FDA),
Ken Research Analysis

• Critical Data Loss and Corporate Operations Being
  Damaged By Cyberattacks.
• Cloud computing services assist businesses
  in increasing operational effectiveness and
  cutting expenses. Additionally, these
  services have several benefits, such as
  flexibility, scalability, and agility. The
  data stored in the cloud is highly exposed
  to breaches and leaks despite high-security
  precautions. The amount of data being
  produced is growing, and businesses are
  starting to take more steps toward digital
  transformation. Enterprise data is exposed
  to risk from cyberattacks like Spectre,
  Meltdown, cloud malware injection assaults,
  account or service hijacking, and man-
  in-the-cloud attacks. Threats like these pose a
  severe challenge for market growth.
• In August 2021, Deloitte Risk Financial
  Advisory acquired the cybersecurity firm, to
  increase cyber resilience and regulatory
  compliance.
• In 2022, Vendor Teradata the popular
  Relational Database Management System mainly
  suitable for building large-scale data
  warehousing applications, conducted a cloud
  analytics survey that reveals that 46 of
  those reviewed signified more security with no
  cloud computing challenge.
• The Hybrid Cloud Segment is the most
  Preferable Cloud Deployment Model During the
  Forecast Period.
• The hybrid model has been the widely used
  organized approach across major industries.
  Hybrid cloud models are increasingly being
  prioritized by many companies to maximize
  advantages while enhancing company
  operations, resource consumption, cost-
  effectiveness, user experience, and application
  modernization.

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• Hybrid cloud solutions help organizations
  avoid making efficiency-related security
  concessions by distributing an application,
  data processing, and computing to external
  clouds while retaining key workloads on-premises.
• In May 2022, IBM joined hands with Amazon Web
  Services, a subsidiary of Amazon that provides
  on-demand cloud computing platforms. The
  company focused on offering a broad array
  of its software catalog as
  Software-as-a-Service (SaaS). Through this
  collaboration, IBM aims to provide the
  ability to choose the hybrid cloud model
  that works best for their own needs and workloads.

Order of Preference of Deployment Modes Among
Users of Cloud Computing, 2021
Hybrid Private Public
Hybrid Private Public
Source Ken Research Analysis

• 5. North Americas Early Adoption of
  Next-generation Cloud Technologies is
  Responsible for its Dominant Share in the Market.
• North America dominated the global cloud
  computing market due to the rising adoption of
  cloud solutions from various end-user
  industries to facilitate the cloud computing
  market growth in this region over the
  forecast period. Companies in the USA
  place a strong emphasis on digital
  transformation and are frequently regarded as
  early adopters of next-generation technologies
  such as the IoT, additive manufacturing,
  big data analytics, connected industries,
  AI, AR, ML, and VR, as well as
  the latest telecommunication technologies
  such as 5G, and Wi-Fi 6. The ongoing use
  of cutting- edge technology by businesses in
  the USA bodes well for growth. The
  presence of numerous vendors such as
  Microsoft Corporation, Oracle Corporation,
  Amazon.com Inc., and IBM Corporation and the
  higher propensity to adopt new technologies
  are expected to help this region maintain its
  position in the market.

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• In February 2022, AWS and Rackspace
  Technology have jointly launched over 1,000
  cloud projects enabling clients to fundamentally
  change how their businesses work. This agreement
  continues the commitment of both companies
  together to provide a full stack of cloud
  services to assist customers with becoming
  cloud-first businesses to accelerate their
  digital transformation, innovate faster and
  create value.

Global Cloud Com puting Market Share by Region,
2021
North America Europe Asia Pacific LAMEA
Source Ken Research Analysis

• Key Topics Covered in the Report
• Snapshot of Global Cloud Computing Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Cloud
  Computing Market
• Historic Growth of Overall Global Cloud Computing
  Market and Segments
• Competition Scenario of the Market and Key
  Developments of Competitors
• Porters 5 Forces Analysis of Global Cloud
  Computing Industry
• Overview, Product Offerings, and SWOT Analysis of
  Key Competitors
• Covid 19 Impact on the Overall Global Cloud
  Computing Market
• Future Market Forecast and Growth Rates of the
  Total Global Cloud Computing Market and by
  Segments
• Market Size of Application / End User Segments
  with Historical CAGR and Future Forecasts
• Analysis of Cloud Computing Market
• Major Production / Consumption Hubs in the Major
  within Each Region
• Major Production/Supply and Consumption/Demand
  Hubs within Each Major Country

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• Major Country-wise Historic and Future Market
  Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies
  within Each Region
• Leading Companies Mentioned in the Report
• Microsoft Corporation
• Amazon Web Services
• Salesforce. Com, Inc.
• Oracle Corporation
• Systems, Application Products in Data
  Processing
• Google LLC
• Workday Inc.
• Adobe System Incorporation
• International Business Machines
• Alibaba Group Holding Limited
• Virtual Machine Software
• Hewlett Packard Enterprise
• Notable Emerging Companies Mentioned in the
  Report

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• Investment Funds
• Cloud Computing Research Organizations
• Research Development Institutes
• Cloud Computing Association
• Time Period Captured in the Report
• Historical Period 2017-2021
• Forecast Period 2022E-2028F
• For More Information on the Research Report,
  refer to below links
• https//www.kenresearch.com/business-research/glob
  al-cloud-computing-market- outlook-2028/