The article cited AMA's Global Cloud Computing Market Study explored substantial growth with CAGR of %. According the report, High Demand due to Increasing BYOD Trend
is one of the primary growth factors for the market. Increasing Adoption due to Several Benefits That Cloud Computing Offers Over On-Premise IT System is also expected to contribute significantly to the Cloud Computing market. Overall, applications of Cloud Computing, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as AWS (United States), Microsoft (United States), Google (United States), IBM (United States), Oracle (United States), SAP (Germany), VMware (United States), Alibaba (China), Adobe (United States), Verizon (United States) and Rackspace (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Organization Size, such as Small and Medium-sized Enterprises (SMEs), is boosting the Cloud Computing market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Service Model, such as Infrastructure as a service (IaaS), is boosting the Cloud Computing market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Industry Vertical, such as Banking, Financial Services, and Insurance (BFSI), is boosting the Cloud Computing market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Functions, such as Storage, Backup, and Disaster Recovery (DR), is boosting the Cloud Computing market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Deployment Model, such as Public Cloud, is boosting the Cloud Computing market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Cloud Computing market identified that the demand is rising in many different parts of the world as "Growing Adoption from Developing Countries Such as APAC
". Furthermore, some recent industry insights like "On 20th September 2019, After the huge success of Azure Open Source Summit and Week of AI, Microsoft has announced the launch of ‘Microsoft Cloud Summit’. a week-long virtual immersive technology conference from September 23-27, 2019. The largest cloud summit of its kind in India, it will skill over 50,000 participants in cloud computing through more than 36 sessions addressed by specialists. and On 16th September 2019, to support its customers around the world, Oracle has announced that it plans to launch 20 new Oracle Cloud regions by the end of 2020, for a total of 36 Oracle Cloud Infrastructure regions." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Cloud Computing market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Cloud Computing market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Cloud Computing market tight? Which application/end-user category or Product Type [] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cloud Computing market and other related sub-markets covered in the study.
o Key & emerging players in the Cloud Computing market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Cloud Computing market size is calculated using market estimation process, the Cloud Computing market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cloud Computing market size has been validated using both top-down and bottom-up approaches.