The global cloud computing market is estimated to exhibit a CAGR of over 15% during the forecast period. The market growth is attributed to the growing demand for cloud-based business continuity tools and services, increasing inclination of enterprises towards automation and agility, and increased return on investment with lower infrastructure and storage costs. Moreover, the proliferation of digital content and upsurge in internet usage also gives a boost to the market growth. As per the International Telecommunication Union (ITU), the proportion of individuals using the internet globally has increased significantly from 43% in 2016 to 63% in 2021. This has led to an increase in the flow of data, which in turn has significantly driven the demand for cloud computing across the globe.
Market Segmentation
The global cloud computing market has been analyzed on the basis of service model, deployment model, end-use, and region. Based on the service model, the market is segmented into Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). The Software as a Service (SaaS) segment accounted for a prominent share in the market. Based on deployment model, the market is segmented into public, private, and hybrid. The hybrid deployment model is estimated to dominate the global cloud computing market.
Further, on the basis of end-use, the market covers the analysis of BFSI, IT & telecommunication, government & public sector, retail & consumer goods, manufacturing, energy & utilities, media & entertainment, healthcare & life sciences, and others. Among these, BFSI segment is estimated to hold a prominent share in the market. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa.
Market Structure and Competition Landscape
The growth of the global cloud computing market is characterized by the presence of players operating in the market. Some of the prominent players that contribute significantly to the market growth include Adobe Inc., Alphabet Inc. (Google Inc.), Amazon.com Inc., Cisco Systems Inc., Hewlett Packard Enterprise, IBM Corp., Microsoft Corp., Oracle Corp., Salesforce, Inc., SAP SE, and VMware, Inc., among others. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Acquisitions and product launches are among the key strategies adopted by major industry players. For instance,
• In February 2022, IBM Corp. acquired Neudesic, an application development, and cloud computing services company. Neudesic has been integrated into the Consulting segment of IBM. The acquisition would further enable strengthening of the IBM's cloud computing solutions offerings.
• In September 2021, Health Cloud 2.0 platform was launched by Salesforce. Health Cloud 2.0 facilitates the delivery of enhanced safety to the employees and customers of the company using various modules, including Dreampass, and Contact Tracing. The new product launch would reinforce the revenue stream of Salesforce by broadening product and service offerings.
Global Cloud Computing Market Analysis and Forecast 2019-2028
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, cloud computing adoption, economic conditions, corporate spending, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis
7. Global and Regional Market Dynamics
7.1. Drivers
7.2. Restraints
7.3. Trends
7.4. Opportunities
8. Segmental Analysis
8.1. Global Cloud Computing Market by Service Model
8.1.1. Segment Overview
8.1.1.1. Infrastructure-as-a-Service (IaaS)
8.1.1.2. Platform-as-a-Service (PaaS)
8.1.1.3. Software-as-a-Service (SaaS)
8.2. Global Cloud Computing Market by Deployment Model
8.2.1. Segment Overview
8.2.1.1. Public
8.2.1.2. Private
8.2.1.3. Hybrid
8.3. Global Cloud Computing Market by End-Use
8.3.1. Segment Overview
8.3.1.1. Banking, Financial Services, and Insurance (BFSI)
8.3.1.2. IT & Telecommunications
8.3.1.3. Government and Public Sector
8.3.1.4. Retail and Consumer Goods
8.3.1.5. Manufacturing
8.3.1.6. Energy and Utilities
8.3.1.7. Media and Entertainment
8.3.1.8. Healthcare and Life Sciences
8.3.1.9. Others (Education, Travel and Hospitality, and Transportation and Logistics)
8.4. Global Cloud Computing Market by Region
8.4.1. North America
8.4.2. Latin America
8.4.3. Western Europe
8.4.4. Eastern Europe
8.4.5. Asia Pacific
8.4.6. Middle East & Africa
9. Regional Analysis
9.1. North America Cloud Computing Market Analysis and Forecast 2019-2028
9.1.1. Regional Market Overview and Key Takeaways
9.1.2. North America Cloud Computing Market by Service Model
9.1.3. North America Cloud Computing Market by Deployment Model
9.1.4. North America Cloud Computing Market by End-Use
9.1.5. North America Cloud Computing Market by Country
9.1.5.1. US
9.1.5.2. Canada
9.2. Latin America Cloud Computing Market Analysis and Forecast 2019-2028
9.2.1. Regional Market Overview and Key Takeaways
9.2.2. Latin America Cloud Computing Market by Service Model
9.2.3. Latin America Cloud Computing Market by Deployment Model
9.2.4. Latin America Cloud Computing Market by End-Use
9.2.5. Latin America Cloud Computing Market by Country
9.2.5.1. Brazil
9.2.5.2. Mexico
9.2.5.3. Rest of Latin America
9.3. Western Europe Cloud Computing Market Analysis and Forecast 2019-2028
9.3.1. Regional Market Overview and Key Takeaways
9.3.2. Western Europe Cloud Computing Market by Service Model
9.3.3. Western Europe Cloud Computing Market by Deployment Model
9.3.4. Western Europe Cloud Computing Market by End-Use
9.3.5. Western Europe Cloud Computing Market by Country
9.3.5.1. Germany
9.3.5.2. UK
9.3.5.3. France
9.3.5.4. Spain
9.3.5.5. Italy
9.3.5.6. Benelux
9.3.5.7. Nordic
9.3.5.8. Rest of Western Europe
9.4. Eastern Europe Cloud Computing Market Analysis and Forecast 2019-2028
9.4.1. Regional Market Overview and Key Takeaways
9.4.2. Eastern Europe Cloud Computing Market by Service Model
9.4.3. Eastern Europe Cloud Computing Market by Deployment Model
9.4.4. Eastern Europe Cloud Computing Market by End-Use
9.4.5. Eastern Europe Cloud Computing Market by Country
9.4.5.1. Russia
9.4.5.2. Poland
9.4.5.3. Rest of Eastern Europe
9.5. Asia Pacific Cloud Computing Market Analysis and Forecast 2019-2028
9.5.1. Regional Market Overview and Key Takeaways
9.5.2. Asia Pacific Cloud Computing Market by Service Model
9.5.3. Asia Pacific Cloud Computing Market by Deployment Model
9.5.4. Asia Pacific Cloud Computing Market by End-Use
9.5.5. Asia Pacific Cloud Computing Market by Country
9.5.5.1. China
9.5.5.2. Japan
9.5.5.3. India
9.5.5.4. South Korea
9.5.5.5. Australia
9.5.5.6. ASEAN
9.5.5.7. Rest of Asia-Pacific
9.6. Middle East & Africa Cloud Computing Market Analysis and Forecast 2019-2028
9.6.1. Regional Market Overview and Key Takeaways
9.6.2. Middle East & Africa Cloud Computing Market by Service Model
9.6.3. Middle East & Africa Cloud Computing Market by Deployment Model
9.6.4. Middle East & Africa Cloud Computing Market by End-Use
9.6.5. Middle East & Africa Cloud Computing Market by Country
9.6.5.1. GCC
9.6.5.2. South Africa
9.6.5.3. Turkey
9.6.5.4. Rest of the Middle East & Africa
10. Competitive Landscape
10.1. Competition Dashboard
10.1.1. Global and Regional Market Share Analysis
10.1.2. Market Structure
10.2. Competitive Benchmarking
10.3. Key Strategy Analysis
10.4. Company Profiles
10.4.1. Adobe Inc.
10.4.1.1. Company Overview
10.4.1.2. Product/Service Offerings
10.4.1.3. Key Financials
10.4.1.4. Recent Developments
10.4.2. Alphabet Inc. (Google Inc.)
10.4.2.1. Company Overview
10.4.2.2. Product/Service Offerings
10.4.2.3. Financials
10.4.2.4. Recent Developments
10.4.3. Amazon.com Inc.
10.4.3.1. Company Overview
10.4.3.2. Product/Service Offerings
10.4.3.3. Financials
10.4.3.4. Recent Developments
10.4.4. Cisco Systems Inc.
10.4.4.1. Company Overview
10.4.4.2. Product/Service Offerings
10.4.4.3. Financials
10.4.4.4. Recent Developments
10.4.5. Hewlett Packard Enterprise
10.4.5.1. Company Overview
10.4.5.2. Product/Service Offerings
10.4.5.3. Financials
10.4.5.4. Recent Developments
10.4.6. IBM Corp.
10.4.6.1. Company Overview
10.4.6.2. Product/Service Offerings
10.4.6.3. Financials
10.4.6.4. Recent Developments
10.4.7. Microsoft Corp.
10.4.7.1. Company Overview
10.4.7.2. Product/Service Offerings
10.4.7.3. Financials
10.4.7.4. Recent Developments
10.4.8. Oracle Corp.
10.4.8.1. Company Overview
10.4.8.2. Product/Service Offerings
10.4.8.3. Financials
10.4.8.4. Recent Developments
10.4.9. Salesforce Inc.
10.4.9.1. Company Overview
10.4.9.2. Product/Service Offerings
10.4.9.3. Financials
10.4.9.4. Recent Developments
10.4.10. SAP SE
10.4.10.1. Company Overview
10.4.10.2. Product/Service Offerings
10.4.10.3. Financials
10.4.10.4. Recent Developments
10.4.11. VMware Inc.
10.4.11.1. Company Overview
10.4.11.2. Product/Service Offerings
10.4.11.3. Financials
10.4.11.4. Recent Developments
11. Disclaimer
Price : US$ 3500 |
Date : Nov 2024 |
Category : Services |
Pages : 233 |
Price : US$ 3500 |
Date : Nov 2024 |
Category : Services |
Pages : 233 |