Tag Archives: Cloud Computing market Future

Cloud Computing Market Statistics, Analysis, Share, Size And Forecast

Cloud computing is an internet-based computing that provides access to processing resources and data to other shared computers and devices on demand. Users and enterprises can have capabilities to store and process data at data centers that are privately owned or operated by third-party vendors.

These data centers are located at various locations, which offer access to data from anywhere in the world. The implementation of cloud computing has reduced the up-front infrastructure costs, achieved coherence, and provided convenience & flexibility. In addition, it helps businesses to focus on their core businesses and spend less resources on computer infrastructure. Moreover, it offers key benefits such as low maintenance, improved manageability, and faster runtime of applications.

Global Cloud Computing Market Overview, Manufacturing Cost Structure Analysis, Growth Opportunities & Restraints to 2027

Market Highlights:

The major growth driver of Cloud Computing Market includes growing demand for technologically upgraded services, growing expansion of professional and managed services and increasing awareness about cost-effective cloud services among others.

However, data security is one of the major factors which are hindering the growth of Cloud Computing Market.

Major Key Players

  • Amazon Web Services LLC (U.S.)
  • Microsoft Corporation (U.S.)
  • IBM Corporation (U.S.)
  • Google Inc. (U.S.)
  • Akamai Technologies Inc. (U.S.)
  • CA Technologies (U.S.)
  • Dell Inc. (U.S.)
  • Hewlett-Packard Development Company L.P. (U.S.)
  • Joyent Inc. (U.S.)