Grand View Research’s cloud computing industry database is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
Access the Global Cloud Computing Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.
Public Cloud Market Report Highlights
The global Public Cloud Market size was valued at USD 171.39 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 13.1% from 2023 to 2030.
- The demand for public cloud services is rising quickly because, in most cases, these services are provided at very low costs.
- In addition, the public cloud market is anticipated to grow as a result of the rise of enterprise trends such as, Choose Your Own Device (CYOD), Bring Your Own Device (BYOD), Artificial Intelligence (AI), and Internet of Things (IoT).
- Due to the pay-as-you-go service, no maintenance expenses, infrastructure initiatives, or long-term contracts are required for this service. These factors are anticipated to fuel the expansion of the public cloud market.
Order your copy of Free Sample of “Cloud Computing Industry Data Book - Public Cloud, Private Cloud and Hybrid Cloud Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Private Cloud Market Report Highlights
The global Private Cloud Market size was valued at USD 222.30 billion in 2022 and is expected to grow at compound annual growth rate (CAGR) of 14.7% from 2023 to 2030.
- Enterprises are adopting a private cloud due to the necessity for data protection and compliance with the shifting regulatory environment.
- Companies can better understand customer behavior and create new goods and services by analyzing patterns in real-time data. Hence, enterprises are continuously adopting private cloud infrastructure.
- Vendors are continuously adopting various growth strategies to increase their presence in the market.
Hybrid Cloud Market Report Highlights
The global Hybrid Cloud Market size was valued at USD 90.28 billion in 2022 and is expected to grow at compound annual growth rate (CAGR) of 14.2% from 2023 to 2030.
- Hybrid cloud solutions offer enterprises a competitive edge by enabling scalability, advanced services, and secure infrastructure. This strategy provides a secure firewall for private services and sufficient integration.
- In addition, it offers several benefits, such as total support for the remote workforce, decreased operational costs, and improved scalability, control, security, and risk management.
- Hence, the extensive use of cloud computing services is expected to boost demand for hybrid cloud solutions over the forecast period.
Go through the table of content of Cloud Computing Industry Data Book to get a better understanding of the Coverage and Scope of the study
Competitive Landscape
Product upgrades and new product developments are the key strategies adopted by market players to improve their market position.
Key players operating in the Cloud Computing Industry are:
- Adobe Inc.
- Alibaba Group Holding Ltd.
- Amazon Inc.
- Google LLC
- International Business Machines Corp.
- Microsoft Corporation
- Oracle Corporation
Check out more Industry Data Books, published by Grand View Research
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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