Global Cloud Computing Market Research Report: By Service Model (SaaS, PaaS IaaS), By Deployment (Public, Private and Hybrid), By Organization Size (Large Enterprises, Small & Medium Enterprises), By Vertical (BFSI, IT & Telecommunication, Retail and Consumer Goods, Manufacturing, Healthcare & Life Sciences, Government & Public Sector, Media & Entertainment, Energy & Utility and others) By Region - Forecast till 2024

Cloud Computing Market Research Report - Global Forecast till 2024

Cloud computing is a type of Internet-based model that provides shared computer processing resources and data to computers and other devices on demand. It is a universal model for enabling ubiquitous, on-demand access to a shared pool of configurable computing resources. It specifically refers to a common storage space through which all the devices in the network can access data simultaneously. The use of Cloud computing technology not only gives cost benefits but also makes applications accessible to all devices in the network at any time and from any location.

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The global cloud computing market will grow remarkably during the forecast period and will register a significant rate of CAGR by 2027.

The global cloud computing market is majorly driven by the cost effective services of cloud computing.

And the concern pertaining to the data security is the key restraint for the growth of cloud computing market.

By adopting cloud computing technology, Organizations can ensure a huge savings upon their total annual cost. Yet, organizations choose an in-house data centers over a virtual cloud network; as the in-house data centers ensure more security towards the data. The biggest challenge for the growth in the adoption rate of the cloud computing technology is to increase the awareness about its security aspects.

Segments
Global Cloud Computing Market can be segmented as follows:

Segmentation by Cloud Service type: Software as a service (SaaS), Platform as a service (PaaS), and Infrastructure as a service (IaaS) among others.

Segmentation by Cloud type: Private cloud, Public cloud, Hybrid cloud and Community cloud among others.

Segmentation by Application: Government, Banking and Healthcare among others.

Objective of Cloud Computing market Study:

To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Global Cloud Computing market.

To provide insights about factors affecting the market growth.

To Analyze the Cloud Computing Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.

To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

To provide country level analysis of the market with respect to the current market size and future prospective

To provide country level analysis of the market for segment by cloud service type, by cloud type, by application type and sub-segments.

To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Cloud Computing market.

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Key Players
Some of the major players in Global Cloud Computing Market include Akamai Technologies Inc. (U.S.), Amazon Web Services LLC (U.S.), CA Technologies (U.S.), Dell Inc. (U.S.), Flexiant Ltd. (U.K.), Google Inc. (U.S.), Hewlett-Packard Development Company L.P. (U.S.), IBM Corporation (U.S.), Joyent Inc. (U.S.), and Microsoft Corporation (U.S.) among others.

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https://www.marketwatch.com/press-release/global-cloud-computing-market-size-2019-industry-trends-share-statistics-worldwide-overview-key-players-analysis-research-by-types-services-regional-outlook-and-forecasts-till-2024-2019-11-13