The Global Cloud Computing Market is expected to reach $1,292.46 billion by 2027 growing at a CAGR of 19.5% from 2020 to 2027. Cloud Computing is the process of sharing a network of remote servers which are hosted on the internet to store, manage and process data rather than on a personal computer or a local server. It specifically refers to a common storage space through which all the devices in the network can access data simultaneously.
Factors such as an increase in demand for cloud-based business continuity tools and services, growing digital transformation among industries and rising demand for remote workspaces with COVID-19 outbreak are driving the growth of the market. However, data privacy and information security concerns associated with cloud solutions are restraining the growth of the market.
Based on the deployment model, the hybrid cloud segment is going to have a lucrative growth during the forecast period which can be attributed to the growing user and resource mobility, ongoing migration of applications over the cloud, and the emergence of more sophisticated threats.
The key vendors mentioned are Accenture, Amazon Web Services, Capgemini, Cisco Systems Inc., Dell Inc., ENKI LLC, Flexiant Ltd., Fujitsu Ltd., General Electric, Google Inc., HP, IBM Corporation, Microsoft Corporation, NTT Data Corporation, Oracle, Rackspace, Red Hat, Salesforce.com, SAP and Skytap.
Service Models Covered:
• Infrastructure as a Service (IaaS)
• Platform as a Service (PaaS)
• Software as a service (SaaS)
Workloads Covered:
• Application Development and Testing
• Enterprise Resource Management
• Integration and Orchestration
• Storage, Backup, and Disaster Recovery
Deployment Models Covered:
• Hybrid Cloud
• Private Cloud
• Public Cloud
Organization Sizes Covered:
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises
End Users Covered:
• Banking, Financial Services, and Insurance (BFSI)
• Education
• Energy and Utilities
• Government and Public Sector
• Healthcare and Life Sciences
• Information Technology (IT) and Information Technology Enabled Services (ITeS)
• Manufacturing
• Media and Entertainment
• Retail and Consumer Goods
• Telecommunications
• Transportation and Logistics
• Travel and Hospitality
Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Key Questions Answered in this Report:
• How this market evolved since the year 2019
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Cloud Computing Market, By Service Model
5.1 Introduction
5.2 Infrastructure as a Service (IaaS)
5.3 Platform as a Service (PaaS)
5.4 Software as a service (SaaS)
6 Global Cloud Computing Market, By Workload
6.1 Introduction
6.2 Application Development and Testing
6.3 Enterprise Resource Management
6.4 Integration and Orchestration
6.5 Storage, Backup, and Disaster Recovery
7 Global Cloud Computing Market, By Deployment Model
7.1 Introduction
7.2 Hybrid Cloud
7.3 Private Cloud
7.4 Public Cloud
8 Global Cloud Computing Market, By Organization Size
8.1 Introduction
8.2 Small and Medium-sized Enterprises (SMEs)
8.3 Large Enterprises
9 Global Cloud Computing Market, By End User
9.1 Introduction
9.2 Banking, Financial Services, and Insurance (BFSI)
9.3 Education
9.4 Energy and Utilities
9.5 Government and Public Sector
9.6 Healthcare and Life Sciences
9.7 Information Technology (IT) and Information Technology Enabled Services (ITeS)
9.8 Manufacturing
9.9 Media and Entertainment
9.10 Retail and Consumer Goods
9.11 Telecommunications
9.12 Transportation and Logistics
9.13 Travel and Hospitality
10 Global Cloud Computing Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
12.1 Accenture
12.2 Amazon Web Services
12.3 Capgemini
12.4 Cisco Systems Inc.
12.5 Dell Inc.
12.6 ENKI LLC
12.7 Flexiant Ltd.
12.8 Fujitsu Ltd.
12.9 General Electric
12.10 Google Inc.
12.11 HP
12.12 IBM Corporation
12.13 Microsoft Corporation
12.14 NTT Data Corporation
12.15 Oracle
12.16 Rackspace
12.17 Red Hat
12.18 Salesforce.com
12.19 SAP
12.20 Skytap
List of Data Tables
1 Global Cloud Computing Market Outlook, By Region (2019-2027) ($MN)
2 Global Cloud Computing Market Outlook, By Service Model (2019-2027) ($MN)
3 Global Cloud Computing Market Outlook, By Infrastructure as a Service (IaaS) (2019-2027) ($MN)
4 Global Cloud Computing Market Outlook, By Platform as a Service (PaaS) (2019-2027) ($MN)
5 Global Cloud Computing Market Outlook, By Software as a service (SaaS) (2019-2027) ($MN)
6 Global Cloud Computing Market Outlook, By Workload (2019-2027) ($MN)
7 Global Cloud Computing Market Outlook, By Application Development and Testing (2019-2027) ($MN)
8 Global Cloud Computing Market Outlook, By Enterprise Resource Management (2019-2027) ($MN)
9 Global Cloud Computing Market Outlook, By Integration and Orchestration (2019-2027) ($MN)
10 Global Cloud Computing Market Outlook, By Storage, Backup, and Disaster Recovery (2019-2027) ($MN)
11 Global Cloud Computing Market Outlook, By Deployment Model (2019-2027) ($MN)
12 Global Cloud Computing Market Outlook, By Hybrid Cloud (2019-2027) ($MN)
13 Global Cloud Computing Market Outlook, By Private Cloud (2019-2027) ($MN)
14 Global Cloud Computing Market Outlook, By Public Cloud (2019-2027) ($MN)
15 Global Cloud Computing Market Outlook, By Organization Size (2019-2027) ($MN)
16 Global Cloud Computing Market Outlook, By Small and Medium-sized Enterprises (SMEs) (2019-2027) ($MN)
17 Global Cloud Computing Market Outlook, By Large Enterprises (2019-2027) ($MN)
18 Global Cloud Computing Market Outlook, By End User (2019-2027) ($MN)
19 Global Cloud Computing Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2019-2027) ($MN)
20 Global Cloud Computing Market Outlook, By Education (2019-2027) ($MN)
21 Global Cloud Computing Market Outlook, By Energy and Utilities (2019-2027) ($MN)
22 Global Cloud Computing Market Outlook, By Government and Public Sector (2019-2027) ($MN)
23 Global Cloud Computing Market Outlook, By Healthcare and Life Sciences (2019-2027) ($MN)
24 Global Cloud Computing Market Outlook, By Information Technology (IT) and Information Technology Enabled Services (ITeS) (2019-2027) ($MN)
25 Global Cloud Computing Market Outlook, By Manufacturing (2019-2027) ($MN)
26 Global Cloud Computing Market Outlook, By Media and Entertainment (2019-2027) ($MN)
27 Global Cloud Computing Market Outlook, By Retail and Consumer Goods (2019-2027) ($MN)
28 Global Cloud Computing Market Outlook, By Telecommunications (2019-2027) ($MN)
29 Global Cloud Computing Market Outlook, By Transportation and Logistics (2019-2027) ($MN)
30 Global Cloud Computing Market Outlook, By Travel and Hospitality (2019-2027) ($MN)
31 North America Cloud Computing Market Outlook, By Service Model (2019-2027) ($MN)
32 North America Cloud Computing Market Outlook, By Workload (2019-2027) ($MN)
33 North America Cloud Computing Market Outlook, By Deployment Model (2019-2027) ($MN)
34 North America Cloud Computing Market Outlook, By Organization Size (2019-2027) ($MN)
35 North America Cloud Computing Market Outlook, By End User (2019-2027) ($MN)
36 Europe Cloud Computing Market Outlook, By Service Model (2019-2027) ($MN)
37 Europe Cloud Computing Market Outlook, By Workload (2019-2027) ($MN)
38 Europe Cloud Computing Market Outlook, By Deployment Model (2019-2027) ($MN)
39 Europe Cloud Computing Market Outlook, By Organization Size (2019-2027) ($MN)
40 Europe Cloud Computing Market Outlook, By End User (2019-2027) ($MN)
41 Asia Pacific Cloud Computing Market Outlook, By Service Model (2019-2027) ($MN)
42 Asia Pacific Cloud Computing Market Outlook, By Workload (2019-2027) ($MN)
43 Asia Pacific Cloud Computing Market Outlook, By Deployment Model (2019-2027) ($MN)
44 Asia Pacific Cloud Computing Market Outlook, By Organization Size (2019-2027) ($MN)
45 Asia Pacific Cloud Computing Market Outlook, By End User (2019-2027) ($MN)
46 South America Cloud Computing Market Outlook, By Service Model (2019-2027) ($MN)
47 South America Cloud Computing Market Outlook, By Workload (2019-2027) ($MN)
48 South America Cloud Computing Market Outlook, By Deployment Model (2019-2027) ($MN)
49 South America Cloud Computing Market Outlook, By Organization Size (2019-2027) ($MN)
50 South America Cloud Computing Market Outlook, By End User (2019-2027) ($MN)
51 Middle East & Africa Cloud Computing Market Outlook, By Service Model (2019-2027) ($MN)
52 Middle East & Africa Cloud Computing Market Outlook, By Workload (2019-2027) ($MN)
53 Middle East & Africa Cloud Computing Market Outlook, By Deployment Model (2019-2027) ($MN)
54 Middle East & Africa Cloud Computing Market Outlook, By Organization Size (2019-2027) ($MN)
55 Middle East & Africa Cloud Computing Market Outlook, By End User (2019-2027) ($MN)