The penetration of cloud-based technology provides computing solutions, application layers, and infrastructure solutions that increase access to advanced technologies are driving the market growth of . Cloud computing stats for 2022 show that PaaS spending will increase by half in 2022 compared to 2018. The US is the one of the highest spenders in healthcare across the globe. Based on industry vertical, the cloud computing market is. Microsoft Azure The market is projected to grow from USD 486.1 million in 2021 to USD 3,180.9 million in 2028 at a CAGR of 30.8% during the 2021-2028 period. Scope 1 position in the IaaS market in 2019, followed by Microsoft, Alibaba, Google and Tencent. The global Commerce Cloud market size reached USD 12.72 Billion in 2021 and is expected to reach USD 84.60 Billion in 2030 registering a CAGR of 23.6%. NEW YORK, Aug. 26, 2022 /PRNewswire/ -- The global cloud computing market is expected to be worth US$ 482 billion in 2022. Deltek?s Federal Cloud Computing Market, 2021-2023 report takes a strategic 3-year view of the market factors shaping federal acquisition and use of commercial cloud computing services. New York, US, Oct. 11, 2022 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), &quot;Cloud Computing Market Research Report: By Service Model, By . "Cloud underpins the push to digital business, which remains at the top of CIOs' agendas," said Sid Nag, research vice . The global Cloud Computing market size is projected to reach multi million by 2028, in comparision to 2021, at unexpected CAGR during 2022-2028 (Ask for Sample Report). Amid the COVID-19 crisis, the global market for Cloud Computing Services estimated at US$313.1 Billion in the year 2020, is projected to reach a revised size of US$937.5 Billion by 2027, growing . The report provides: Insight into the factors, policies, and strategies shaping the cloud market. October 17, 2022 The Global Cloud Computing Market Size is expected to be worth USD 390.25 Billion in 2021 and is estimated to reach up to USD 1470.11 Billion by 2030, at a compound annual growth. "Cloud Computing in Education Sector Market report, 2022-2028. Market Size and Forecast (2017-2030) North America Cloud Computing Market is projected to grow at a CAGR of 16.0% during the forecast period. Cloud computing market The global cloud computing market reached $250.04 billion in 2021 and is projected to grow at a compound annual growth rate of 17.9%, reaching $791.48 billion by 2028, according to Fortune Business Insights. The worldwide infrastructure as a service (IaaS) market grew 37.3% in 2019 to total $44.5 billion, up from $32.4 billion in 2018, according to Gartner, Inc. Amazon retained the No. The market is registering a CAGR of 22% during the forecast period 2022-2030. That's roughly six. Based on organization size, the cloud computing market is segmented into small and medium-sized enterprises (SMEs) and large enterprises. Cloud computing's Software-as-a-Service (SaaS) market segment is predicted to reach $138.3 billion, the Infrastructure-as-a-Service (IaaS) market $82.2 billion, and the Platform-as-a-Service (PaaS) $69 billion by 2022. The report aims to provide an overview of global healthcare cloud computing market with detailed market segmentation by service, deployment mode, application . While technology spending in APAC has increased, the setback due to the recent COVID-19 pandemic is imminent. Cloud Cost Management and Optimization Market revenues . (Statista, 2021) The global cloud computing market is expected to reach $623.3 billion by 2023. 5. The Future of Cloud Computing. The Report published on Market.biz on Government Cloud Computing Market is spread across several pages and provides newest industry data, future trends, allowing you to identify the products and end users driving revenue growth and profitability. The main cloud providers were AWS with 37%, Azure with 23% and GCP with 9%. Database as a Service (dbPaaS), will have the highest demand, bringing $12.1 billion in 2022. The cloud services market size is quantitatively analyzed from 2020 to 2030 to highlight the financial competency of the industry. Global Cloud Computing in Higher Education Market is estimated to witness a rise in revenue from US$ 2,693.5 Mn in 2021 to US$ 15,180.1 Mn by 2030. Industry trends. Call or Email us. baPaaS - $4.4 billion. May 20, 2022 According to the Statista Technology Market Outlook 2022, U.S. revenues earned with public cloud computing services are expected to surpass $200 billion this year. Emerging technologies like Artificial Intelligence and Machine Learning enable cloud growth by allowing companies to tap into AI capabilities. Currently, 49% of organizations have budgeted for cloud . When it comes to IaaS, Amazon Web Services leads the pack. 31. The global cloud computing marketis expected to witness significant. AWS holds 31% of the cloud market share. The global cloud computing market size is foreseen to extend from $371.4 billion in 2020 to $897.4 billion by 2026, at a compound annual growth rate (CAGR) of 18.1% over the conjecture period. Last year - in 2018, the market size was valued at $272 billion. Increasing demand for digital transformation of various industries across the region is likely to drive the industry demand. Advanced artificial intelligence is at the forefront of future trends in the cloud computing market. NEEDHAM, Mass., September 14, 2021 - Over the past decade, cloud computing has become the foundation for the delivery of mobile and content services as well as an alternative to traditional enterprise computing environments. Market Analysis and Insights: Global Cloud Computing Market The global Cloud Computing market size is projected to reach US$ 495840 million by 2027, from US$ 82510 million in 2020, at a CAGR of 29.2% during 2021-2027. Cloud Computing Market Size and Forecast Cloud Computing Market size was valued at USD 325.30 Billion in 2021 and is projected to reach USD 1,225.12 Billion by 2030, growing at a CAGR of 14.1%from 2022 to 2030 The market is projected to grow from USD 480.04 billion in 2022 to USD 1,712.44 billion by 2029, exhibiting a CAGR of 19.9% during the forecast period. Notes: Sales, means the sales volume of Cloud Computing Revenue, means the sales value of Cloud Computing This report studies sales (consumption) of Cloud Computing in United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering - Amazon Web Services (AWS) - Microsoft - IBM - Aliyun - Google Cloud Platform - Salesforce - Rackspace . Government cloud refers to cloud computing and virtualization solutions that are developed, especially for government organizations. The global cloud computing market size was valued at USD 368.97 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 15.7% from 2022 to 2030. And it has been expected to grow at a rate of 15.7% from the year 2022 to 2030. The bullish case ($10 trillion) is larger than the size of Japan's and Germany's economies combined. The global cloud computing market size was valued at USD 405.65 billion in 2021. That's 55% greater than Azure. The report provides: Insight into the factors, policies, and strategies shaping the cloud market. 51% of SMBs spend less than $120,000 per year. As per the global cloud market forecast, the global cloud computing market size is anticipated to reach $ 623.3 billion by 2023, rising from $ 272.0 in the year 2018.It means the growth has occurred at a CAGR of 18% between the periods. The Global Industrial Cloud Computing Market size is estimated to be USD 320.14 billion in 2019 and is predicted to reach USD 1922.57 billion by 2030 with a CAGR of 17.7% from 2020-2030. Healthcare Cloud Computing Market size was valued over USD 29 billion in 2020 and is expected to witness around 13.4% CAGR from 2021 to 2027. US Cloud Computing Market Size and Analysis Report by Service, By Enterprise Size, By End Use - Opportunities & Forecast, 2021-2028 $ - $ Licensing Options: Single User PPT Format ($4499) Multi-User PPT Format ($5499) Corporate PPT Format ($6649) Clear: Quantity. Cloud Computing Market Size industry has gained rapid traction. Market Research Media, cited in the Bloomberg report, says the cloud market will reach $270 billion in 2020 while Forrester is not that optimistic, predicting last year that the market will hit $241 billion by that time and says the market will hit about $55 billion by 2014. The market's largest segment is Software as a Service with a projected market volume of US$113.50bn in. Carrying this dominance into 2019, Amazon reports Q1 and Q2 combined AWS revenue of $16.1 billion, a 39% growth from H1 2018. On the above chart we can see important growth spikes (38%) during covid crisis and more recently a growth of 29% in Q1 2021 to reach a record of $18,6B. The quantum computing market size was USD 392.5 million in 2020. US healthcare cloud computing market is anticipated to grow at a CAGR around 20.6% during the forecast period. According to Precedence Research, the global cloud computing market size is projected to hit around US$ 1,614.10 billion by 2030 and witness strong growth at a CAGR of 17.43% from 2022 to 2030.London, May 13, 2022 (GLOBE NEWSWIRE) -- The global cloud computing market size was estimated at US$ 380.25 billion in 2021. High rate of internet penetration in the region is also likely to contribute in . SAN FRANCISCO, Sept. 1, 2021 /PRNewswire/ -- The global cloud computing market size is expected to reach USD 1,251.09 billion by 2028, registering a CAGR of 19.1% over the forecast period . The introduction of emerging technologies such as Artificial Intelligence (AI) and machine learning enables cloud growth by empowering companies to tap into AI capabilities. The industry report lists and studies the leading competitors, also provides the insights with strategic industry analysis of the key factors . So, what are the trends in the cloud market? In 2018, Amazon reported revenues of $15.4 billion, a growth of 26.8% on the previous year. It is also predicted to reach nearly US$ 1.9 Tn by 2032, rising from US$ 445.3 Bn in 2021. This represents an increase from 29% in 2018 and 21% in 2017. As it is evident, the cloud computing market is hugely profitable for the service providers of most domains. U.S.-Canada Toll-free: +1-800-792-5285: Int'l . United States Revenue in the Public Cloud market is projected to reach US$201.40bn in 2022. Technological innovations such as IoT in information and technology are transforming healthcare. Wilmington, Delaware, United States, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - In 2020, the healthcare ERP market value was registered at US$ 4.8 Bn. Spending on AI will increase to $432.8 billion in 2022. Cloud Computing in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). Higher cloud services adoption rates in the region are contributing to the growth of North America cloud computing market. Owning almost half the world's public cloud infrastructure market, Amazon is the clear market leader. (Source: Report Linker) According to cloud computing growth stats, the industry will grow at a CAGR of 18%. Escalating patient population suffering through various diseases leads to . Global Cloud Computing in Education Sector Market report provides an overview of the Cloud Computing in Education Sector market current scenario including vital aspects of the market such as essential factors affecting the growth, challenges, limitations, and several opportunities and strategies to overcome these challenges. Amazon Web Services Dominates the Cloud Computing Market. Deltek's Federal Cloud Computing Market, 2020-2022 report takes a strategic 3-year view of the market factors shaping federal acquisition and use of commercial cloud computing services. The global cloud computing market size is expected to grow from USD 445.3 billion in 2021 to USD 947.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.3% ReportLinker November 5,. The SaaS segment was the industry's most lucrative in 2019, with total revenues of $56,682.4m, equivalent to 61.3% of the industry's overall value. According to a research report "Cloud Computing Market by Service Model (Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS)), Deployment Model (Public and Private), Organization Size, Vertical, and Region - Global Forecast to 2026", published by MarketsandMarkets, the global cloud computing market size is expected to grow from USD 445.3 billion . The evolution of cloud technology has resulted in improved workflow. Let's talk about the cloud computing market trends as a whole. The global cloud computing marketis expected to witness significant growth in . The global cloud computing market in healthcare industry was valued at US$ 8,258.1 Mn in 2019 and is forecast to reach a value of US$ 40,188.3 Mn by 2027 at a CAGR of 21.9% between 2020 and 2027. According to the leading research website grand view research, the worldwide could computing market size has been estimated to a worth USD 368.97 billion in 2021. [346 Pages Report] The global Cloud Computing Market size is expected to grow from USD 445.3 billion in 2021 to USD 947.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period. Europe Cloud Computing Market size exceeded USD 35 billion in 2020 and is expected to grow at 15% CAGR between 2021 and 2028. The global edge computing market was valued at USD 7.43 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 38.9% from 2022 to 2030. The cloud computing industry in the US is highly competitive, with four large players dominating the industry. 6. For comparison: The conservative market size ($600 billion) is roughly the size of the economy (GDP) of Sweden today. AWS had a $10.8 billion revenue, an impressive growth compared to $8.3 billion in the same quarter in 2019. However, 11% of SMBs still spend more than $1.2 million. Rising preference for omni-cloud systems will prove highly beneficial for the growth of this market, states Fortune Business Insights in its . Market Scope and Market Size The key deliverables of this report are market statistics with detailed classifications and splits by revenue. According to a report by Forbes, 32% of IT budgets will be allocated to the cloud in 2021. Market Overview The Government Cloud Market was valued at USD 22.86 billion in 2020 and expected to reach USD 59.74 billion by 2026 and grow at a CAGR of 17.4% over the forecast period (2021 - 2026). The global cloud computing market was valued at USD 371.35 billion in 2020 and is expected to grow at a CAGR of 18.0% during the forecast period. When AWS reported its Q2 2020 earnings, the numbers were staggering. The top opportunities in the global cloud services market will arise in the software as a service (SaaS) segment, which will gain $85.8 billion of global annual sales by 2022. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. The "Global Healthcare Cloud Computing Market Analysis to 2025" is a specialized and in-depth study of the healthcare cloud computing industry with a focus on the global market trend. The global cloud computing market size was valued at US$ 380.25 billion in 2021 and is expected to hit US$ 1,614.10 billion by 2030 with a registered CAGR of 17.43% from 2022 to 2030. . Cloud infrastructure spending surpassed $80 billion in 2018. The total size of the public cloud market will grow from $25.5 billion in 2011 to $159.3 billion in 2020. . London, May 13, 2022 (GLOBE NEWSWIRE) -- The global cloud computing market size was estimated at US$ 380.25 billion in 2021. Besides, it provides a. Cloud Computing Market Analysis The Cloud Computing Market Is predicted to touch USD bn at a whopping CAGR between 2023- 2032, states the recent Quince Market Insights (QMI) analysis. Rising adoption of digital technologies among healthcare professionals is projected to drive the market growth. Here's the amount of income its other segments will make individually: aPaaS - $6.5 billion. New York, US, Oct. 11, 2022 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), "Cloud Computing Market Research Report: By Service Model, By Deployment, By Organization Size, By Vertical - Forecast till 2030, the market is anticipated to acquire a valuation of approximately USD 1738.44 Billion by the end The impact of COVID-19 has been unprecedented and staggering, with witnessing a positive demand shock across all regions amid the pandemic. Without surprises the US cloud market is the largest one by far and represents 44% of total spend. Add to cart. CAGR here refers to Compound Annual Growth Rate. SAP SE (Walldorf, Germany) Apple Inc. (California, U.S.) The global cloud computing market size is projected to reach USD 791.48 billion by 2028, exhibiting a CAGR of 17.9% during the forecast period. Cloud Adoption Budget. (Source: IDC) According to cloud adoption statistics, AI will grow 19.6% year over year. Save time carrying out entry-level research by identifying the size, growth, major . This process of development is predicted to result in some attractive features that will drive the cloud computing market in the coming years." It is expected to grow at a CAGR of 16% between 2023 to 2032. Analysis of the dynamics shaping agency spending on cloud . Global Cloud Computing Market Size, Share & Trends Analysis Report, By Deployment Model (Private Cloud, Public Cloud and Hybrid Cloud), By Component (Hardware, Software and Services), By Vertical (Government, Military & Defense, Telecom & IT, Healthcare, Retail and Others (Energy and Utilities, Media and Entertainment)) Forecast, 2022-2028. The cloud market will be massive in any case. Cloud computing enables businesses to store, manage, and process essential. Growth Factors The US cloud computing market for medical imagery was at $56.5M in 2010 and is forecast to grow at a Compounded Annual Growth Rate (CAGR) of 27% during 2010-2018. . The global cloud computing market was valued at USD 368,970 million in 2021. "The cloud computing platforms are constantly evolving as per the demand of different end-users. The base case ($2 trillion) is roughly the size of the economy of Italy today. The global . needham, mass., may 13, 2021 - the worldwide public cloud services market, including infrastructure as a service (iaas), system infrastructure software as a service (sisaas), platform as a service (paas), and software as a service (saas), grew 24.1% year over year in 2020 with revenues totaling $312 billion, according to the international data 6.1 Cloud Computing Market: By Enterprise Size Segment Outlook & Market Share 2021 and 2030 6.2 Large Enterprises 6.2.1 Cloud computing market in a large enterprise, 2017 - 2030 Cloud computing is an IT service delivery model in which third party service providers provide IT resources and software tools over the Internet. by 2027, at a CAGR of 19.40% during the forecast period. Commerce Cloud market growth is primarily driven owing to growth of the e-commerce industry coupled with cloud computing adoption and rising demand for 5G network (Source: Canalys) Of the 48 countries. Cloud computing services market would find great opportunity in the developing economies such as India, China, Brazil and African economies. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. As businesses pivot to a digital-first economy, cloud will continue to play an ever greater, and even dominant, role as the IT industry focuses on delivering greater . Amazon Web Services (AWS for short) is one of the best cloud IaaS services and by far the most popular and widely used cloud service in . Cloud High Performance Computing Market size is expected to reach US$ 38.40 Bn. What is the current market size and Compound Annual Growth Rate (CAGR) of the market during the forecast period (2020-2027)? 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