The cloud computing market is projected to grow from USD 297.81 billion in 2019 to USD 1,092.48 billion by 2027, with a CAGR of 17.7%. Key drivers include the rise in demand for automation, edge technologies, and remote work solutions, while challenges involve cybersecurity threats and limited technical expertise. The report analyzes market segmentation by service, deployment, organization size, and regional factors, alongside competitive dynamics and key players.

1. Cloud Computing
Market Business
Model Analysis
2020-2027
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2. Cloud Computing Market Size 2020-
2027
Market Size 2019
USD 297.81
Billion
Market Size 2027
USD
1,092.48
Billion
CAGR
17.7%
Leading Region
Asia Pacific
North America
Latin America
Middle East and
Africa
Asia Pacific
Europe

3. Major development of next-generation industrial
solutions is supposed to be cloud based and will
need a cloud platform for showcasing their
digital business capabilities. Increase in the
adoption of Machine Learning (ML), usage of
real-time analytics that is enabled by Artificial
Intelligence (AI), 5G and edge computing,
Internet of Things (IoT) is expected to further
boost the utility of the computing technology
amongst various organizations.
The global Cloud Computing market is
segmented based on Service, Deployment,
Organization Size, Verticals and Region.
Market
Overview:

4. • Inclination of enterprises toward automation
and agility
• Rise in demand for cloud-based business
continuity tools and services
• Enhanced customer experience with
personalization and collaboration
• Surging demand for remote workspaces
with COVID-19 outbreak
Market Drivers
• Boosting the adoption of
edge technologies
• Increase in adoption of hybrid
cloud services
Market Opportunities
• Cyberattacks damaging
business operations and critical
data loss
• Limited technical expertise
among enterprises in
technologically developing
geographies
Market Restraint
Market Drivers, Restraint, Opportunities:

5. By Vertical
By Organization
Size
By Deployment
By Service
Market
Segmentation
All the segments are evaluated by
taking into consideration the historic
and future trends. All the segments
with the dominating & fastest growing
sub-segments and the factors
responsible for the same are studied
and are mentioned in the report.

6. Cloud Computing Market Segmentation
Analysis
By Service: (Software as a service (SaaS),
Platform as a Service (PaaS), Infrastructure
as a Service (IaaS) )
01
By Deployment: (Public, Private,
Hybrid)
02
Organization Size: (SMEs, Large
Enterprises)
03
By regional North America, Europe, Asia
Pacific, Latin America Middle East and Africa
05
04
By Verticals: (BFSI, Government and Public Sector, IT & Telecom,
Energy & Utilities, Retail and Consumer Goods, Manufacturing,
Media & Entertainment, Healthcare & Life Sciences)

7. Key Player Analysis
Company Share & Revenue, Strategy, Product
Portfolio
Competitive landscape and dynamics:
Market share, product portfolio, product launches,
etc.
Market environment analysis:
Growth drivers and constraints, Porter’s five forces
analysis, SWOT analysis
Market structure:
Overview, industry life cycle analysis, supply chain
analysis
Key Features of the Report

8. Key Players Analysis

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