Cloud Computing Market 2022-2028

Description

List of Tables

Title: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 global cloud computing market is anticipated to grow at a substantial CAGR of 15.6% during the forecast period. The prime factors that contributes to the growth of the market include the increasing volume of data generation in websites and mobile apps, the rising focus on delivering a customer-centric application for satisfying customer, and the rapidly growing need to control and minimize the capital expenditure and operational expenditure.. Moreover, cloud computing offers a means for digital government services to be delivered in a more agile, faster, and cheaper manner compared with traditional information technology (IT) infrastructure. The rising adoption of the cloud computing model by the government for development also aids in the growth of the market. For instance, according to Abd.Org, the governments have now seen the importance of ensuring that citizen services are available online, and have worked to improve their e-government efforts, as documented longitudinally by the United Nations e-Government Survey. The Government of Viet Nam's announcement of their National Digital Transformation Programme 2020-2025, to provide online services to the customers.

The global cloud computing market is segmented on the basis of deployment model, component, and vertical. Based on the deployment model, the market is segmented into private, public, and hybrid cloud. Based on the component, the market is further classified into hardware and software and services. Based on vertical, the market is further segmented into government, military & defense, BFSI, telecom & IT, healthcare, retail, and others (energy and utilities, media and entertainment). Based on the vertical, the retail segment is expected to grow at the highest rate, concerning the rapid adoption of emerging and innovative technologies, such as cloud computing and big- data. Moreover, the rising purchasing power of customers and the need to meet the customer's demand lead to a significant rise in the retail segment of global cloud computing market.

Geographically market is segmented into: North America, Europe, Asia Pacific, and the Rest of the World. The Asia-Pacific region is anticipated to grow at the fastest rate, due to the rapid adoption of technological breakthroughs and economic progress in the region. Moreover, an increase in the demand for mobility across the Asia-Pacific region is a major factor contributing to the growth of the market.

The major companies serving the global cloud computing market are IBM Corp., Google LLC, Microsoft Corp., Amazon Web Services, Inc. and SAP SE, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2022 , Quvecta and Avatara entered into a partnership to offer cloud-based platforms to users, along with a secure, productive, and mobile IT environment. CAD-related companies such as engineering and architecture firms, and companies with multiple sites or robust systems strongly benefit from this IT model.

Research Methodology

The market study of the global cloud computing market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Cloud Computing Market Research and Analysis by Deployment Model
Global Cloud Computing Market Research and Analysis by Component
Global Cloud Computing Market Research and Analysis by Vertical

The Report Covers:

Comprehensive research methodology of the global cloud computing market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global cloud computing market.
Insights about market determinants that are stimulating the global cloud computing market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026633

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Cloud Computing Market
Recovery Scenario of Global Cloud Computing Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Amazon Web Services Inc.
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Google LLC
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. IBM Corp.
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. Microsoft Corp.
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. SAP SE
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players

4. Market Determinants

4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation

5.1. Global Cloud Computing Market, by Deployment Model
- 5.1.1. Private Cloud
- 5.1.2. Public Cloud
- 5.1.3. Hybrid Cloud
5.2. Global Cloud Computing Market, by Component
- 5.2.1. Hardware
- 5.2.2. Software
- 5.2.3. Services
5.3. Global Cloud Computing Market, by Vertical
- 5.3.1. Government
- 5.3.2. Military & Defense
- 5.3.3. BFSI
- 5.3.4. Telecom & IT
- 5.3.5. Healthcare
- 5.3.6. Retail
- 5.3.7. Others (Energy and Utilities, Media and Entertainment)

6. Regional Analysis

6.1. North America
- 6.1.1. United States
- 6.1.2. Canada
6.2. Europe
- 6.2.1. UK
- 6.2.2. Germany
- 6.2.3. Italy
- 6.2.4. Spain
- 6.2.5. France
- 6.2.6. Rest of Europe
6.3. Asia-Pacific
- 6.3.1. China
- 6.3.2. India
- 6.3.3. Japan
- 6.3.4. South Korea
- 6.3.5. Rest of Asia-Pacific
6.4. Rest of the World

7. Company Profiles

7.1. Accenture PLC
7.2. Adobe Inc.
7.3. Akamai Technologies, Inc.
7.4. Alibaba Cloud International
7.5. Amazon Web Services, Inc.
7.6. Apple, Inc.
7.7. AT&T, Inc.
7.8. CenturyLink, Inc.
7.9. Cisco Systems, Inc.
7.10. Citrix Systems, Inc.
7.11. Dell, Inc.
7.12. Druva, Inc.
7.13. Faction, Inc.
7.14. Google LLC
7.15. Hewlett Packard Enterprise Development LP
7.16. IBM Corp.
7.17. Intel Corp.
7.18. Internap Corp.
7.19. Microsoft Corp.
7.20. NetSuite, Inc.
7.21. Oracle Corp.
7.22. PhoenixNAP LLC
7.23. Rackspace US, INC.
7.24. Salesforce inc.
7.25. SAP SE
7.26. ServiceNow, Inc.
7.27. SingleHop, LLC
7.28. Verizon Enterprise Solutions
7.29. Webscale Networks, Inc.
7.30. Yahoo, Inc.
7.31. Zerto, Inc.