North America Cloud Computing Market to Reach USD 137.87 Billion by 2024


Posted March 19, 2018 by Steveblade

According to Goldstein Research, North Americacloud computing market is expected to reach USD137.97 billion by the end of 2024, growing at a CAGR of 16.0% over the forecast period, 2016-2024

 
According to Goldstein Research, North Americacloud computing market is expected to reach USD137.97 billion by the end of 2024, growing at a CAGR of 16.0% over the forecast period, 2016-2024. High rate of internet penetration and developed technological infrastructure are driving the growth of North America cloud computing market. North America Cloud computing Market Analysis has been done on the basis of mode of deployment, cloud services, end-users and geography. North America has stringent privacy laws that restricts the growth of cloud computing. The U.S. based international service providers do not offer local storage, which results to trust-related issues and impacting the growth of the market. North America Cloud computing market is dominated by the U.S. and is growing at a CAGR of 16.4%. Canada cloud computing market is growing at a fast pace on the back of establishment of major players in Canada such as IBM, SAP, Salesforce, Fujitsu, Bell Canada, Telus, Microsoft and Amazon Web Services.
Market Segmentation
On the basis of our in-depth analysis, North AmericaCloud ComputingMarket can be segmented as follows:
• Based on Mode of Deployment
o Public Cloud
o Private Cloud
o Hybrid Cloud

• Based on Cloud Service
o Infrastructure as a service (IaaS)
o Platform as a service (PaaS)
o Software as a service (SaaS)

• By End Users
o Manufacturing Sector
o Banking & Finance Service Sector
o Government Sector
o Private Organizations
o Healthcare Sectors
o Consumer Electronics
o Other Sectors (Education)

• On the basis of region
o United States {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
o Canada {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}

“North America Cloud Computing Market Research” contains detailed overview of the North AmericaCloud computing market.On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by mode of deployment, cloud services and end-user.
Further, for the in-depth analysis, North America Cloud Computing Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asAmazon Web Services, Microsoft Corporation, IBM Corporation, Cisco Systems Inc., Rackspace, VMware, Oracle, General Electric, Google Inc., Akamai, Fujitsu Ltd., Red Hat, Salesforce.com, HP, NTT Data Corporation, SAP, Dell Inc., Caspio Inc., Skytap, Accenture, Capgemini, ENKI LLC, Flexiant Ltd., CA Technologies Inc.,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the North AmericaCloud computing market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of North America and regional variations along with competitors’ overview. Our analysts working on hardware and ICT reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.


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Last Updated March 19, 2018