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(Hosting-NewsWire.com, October 08, 2018 ) According to Goldstein Research, the global cloud computing market is expected to reach USD 408.3 billion by the end of 2024 from USD 105 billion in 2016, growing at a CAGR of 18.5%. The rising trend of transferring the data over the cloud by medium, small and large enterprises and private players collaborations with government are major driving factors in the growth of the global cloud computing market. Global cloud computing market segmentation has been done on the basis of mode of deployment, cloud services, end-users, and geography. Medium and small enterprises have spent USD 80 billion in the adaptation of cloud computing. Also, the various government is partnering with service providers to strengthen the security system and for smooth administration.
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Global cloud computing market is majorly dominated by North America and followed by Europe. Major cloud tech companies are located in North America. North America Cloud Computing Market is projected to reach USD 131.87 billion by 2024 and is anticipated to grow at a CAGR of 16.0% during the forecast period. Asia-Pacific and Latin America are the fastest growing regions with major countries being Brazil, China, Japan, South Korea and Australia.
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On the basis of our in-depth analysis, Global Cloud Computing Market can be segmented as follows:
Based on Mode of Deployment
• Public Cloud
• Private Cloud
• Hybrid Cloud
Based on Cloud Service
• Infrastructure as a service (IaaS)
• Platform as a service (PaaS)
• Software as a service (SaaS)
By End Users
• Manufacturing Sector
• Banking & Finance Service Sector
• Government Sector
• Private Organizations
• Healthcare Sectors
• Consumer Electronics
• Other Sectors (Education)
• North America Cloud Computing Market Analysis, 2016-2024
• Europe Cloud Computing Market Analysis, 2016-2024
• Middle East And Africa Cloud Computing Market Analysis, 2016-2024
• Latin America Cloud Computing Market Analysis, 2016-2024
• Asia Pacific Cloud Computing Market Analysis, 2016-2024
• Rest Of The World Cloud Computing Market Analysis, 2016-2024
Browse Full Report: https://www.goldsteinresearch.com/report/cloud-computing-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
“Global Cloud Computing Market Outlook 2024” contains detailed overview of the global cloud computing market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by mode of deployment, cloud services, end-users and geography.
The Global Cloud Computing Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of the cloud computing market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the global cloud computing market discussed in the report are: Amazon Web Services, Microsoft Corporation, IBM Corporation, Cisco Systems Inc., Rackspace, VMware, Oracle, General Electric, Google Inc., Akamai, Fujitsu Ltd., Red Hat, Salesforce.com, HP, NTT Data Corporation, SAP, Dell Inc., Caspio Inc., Skytap, Accenture, Capgemini, ENKI LLC, Flexiant Ltd., CA Technologies Inc.,etc.
Further, the report encompasses the Cloud Computing Market share, major trends & growth opportunities, market dynamics and other growth factors. The Cloud Computing Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on ICT market research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
Browse Similar Report: Cloud Computing in Education Sector
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