Cloud Computing Market Scope And Analysis

Report Code : TIPRE00012754
Category : Technology, Media and Telecommunications

Status : Published
No. of Pages : 267

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Cloud Computing Market Analysis and Scope (2023 to 2028)

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Cloud Computing Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 405.3 Billion
Market Size by 2028	US$ 1465.82 Billion
Global CAGR (2022 - 2028)	23.9%
Historical Data	2020-2021
Forecast period	2023-2028
Segments Covered	By Service Infrastructure As A Service Platform As A Service Software As A Service By Deployment Public Cloud Private Cloud Hybrid Cloud By Organization Size Small & Medium-sized Enterprises Large Enterprises By End-user BFSI IT & Telecom Retail & Consumer Goods Manufacturing Energy & Utilities Healthcare Media & Entertainment Government & Public Sector
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Amazon Web Services Microsoft Corporation SAP SE IBM Corporation Salesforce com inc Google LLC Oracle Corporation Alibaba Group Holding Limited Adobe

Recent Developments:

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the cloud computingmarket. A few recent key market developments are listed below:

In October 2023, British Telecommunications plc partnered with Google LLC to launch a new relationship centered on expanding innovation in cybersecurity applications. This partnership helps companies to serve private and public organizations in over 180 countries across the globe. British Telecommunications plc manages service delivery for Google’s Autonomic Security Operations (ASO) product.
In June 2023, International Business Machines Corp acquired Agyla SAS to extend its localized cloud expertise in France. The acquisition supports International Business Machines Corp in broadening its hybrid multi-cloud services portfolio by enhancing the region's hybrid cloud and AI services.
In February 2023, Tech Data launched cloud services for its customers in Australia. The company provides customized offerings for AWS and Microsoft’s Platform as a Service and Infrastructure as a Service business models.
February 2023: Akamai Technologies, Inc. introduced the Akamai Connected Cloud platform for content delivery, cloud computing, and security to protect applications against threats.
February 2023: Reply S.p.A. partnered with Amazon Web Services, Inc. to expand Storm Reply solution in North America. The partnership helps Reply S.p.A. offer and implement its cloud-based Storm Reply solution in its clients' businesses at the global level.
In January 2023, Alibaba Group Holding Ltd unveiled the Apsara Developer Community to increase its offering of various developer tools and services. The community is a new center developed to support software developers by facilitating the advancement of the digital economy worldwide.