Growth Opportunities in the Global Cloud Computing Market 2022-2027: Trends, Opportunities and Competitive Analysis

According to a new market report published by Lucintel, the future of the global cloud computing market looks promising with opportunities in BFSI, telecommunication, government and public sector, retail and consumer goods, and manufacturing industries. The cloud computing market is expected to reach an estimated $1,234.7 billion by 2027 with a CAGR of 19% from 2021 to 2027. The major drivers for this market are the shifting from traditional to cloud based technology due to increasing adoption of artificial intelligence and machine learning, growing automation, and increasing need of advanced technology to increase return on investment with lower infrastructure and storage cost.

Browse 93 market data tables and 93 figures spread through 211 pages and in-depth TOC on “Global Cloud Computing Market".

To download report brochure, please go to https://www.lucintel.com/cloud-computing-market.aspx and click "report brochure" tab from the menu.

In this market, public cloud, private cloud, and hybrid cloud are the major segment by deployment type. Lucintel forecasts that public cloud will remain the largest market due to increasing demand for big data and the growing rate of IT spending for cloud computing.

Within this market, software as a service, infrastructure as a service, and platform as a service are the major services used in wide range of industries. Software as a service will remain the largest segment due to rising usage of mobile apps and increasing API connections.

North America will remain the largest market over the forecast period due to increasing adoption of emerging technologies such as artificial intelligence, machine learning, and IoT.

Emerging trends, which have a direct impact on the dynamics of the industry, include growing adoption of hybrid cloud and machine learning. Microsoft, Amazon Web Services, IBM, Salesforce, and Google are the major cloud computing companies .

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global cloud computing market by deployment model, service model, organization size, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Cloud Computing Market 2022-2027: Trends, Forecast, and Opportunity Analysis”. The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global cloud computing market by deployment model, service model, organization size, end use industry, and region as follows: 

By Deployment Model [Value ($B) shipment analysis for 2016 – 2027]:

•Public Cloud

•Private  Cloud

•Hybrid Cloud

 

By Service Model [Value ($B) shipment analysis for 2016 – 2027]:

•Software as a Service

•Infrastructure as a Service

•Platform as a Service

•Others

 

By Organization Size [Value ($B) shipment analysis for 2016 – 2027]:

•Small-and Medium-Sized Enterprises

•Large Enterprises

 

By End Use Industry [Value ($B) shipment analysis for 2016 – 2027]:

•BFSI

•Telecommunication

•IT and ITES

•Government and Public  Sector

•Retail and Consumer Goods

•Manufacturing

•Media and Entertainment

•Healthcare and Life Science

•Others

 

By Region [Value ($B) shipment analysis for 2016 – 2027]:

•North America

•Europe

•Asia Pacific

•The Rest of the World

This 211-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/cloud-computing-market.aspx or write us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high growth opportunities for the global cloud computing market by deployment model (public cloud, private cloud, and hybrid cloud), service model (software as a service, infrastructure as a service, platform as a service, and others), organization size (small-and medium-sized enterprises and large enterprises), end use industry (BFSI, telecommunication, IT and ITES, government and public sector, retail and consumer goods, manufacturing, media and entertainment, healthcare and life science, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats to the market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are the changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this market?