Cloud Computing Market Research Report- Forecast till 2024

Market Highlights

Market Research Future (MRFR) anticipates robust prospects for the cloud computing market 2020, which is set to advance at a rate of 19.4% between 2018 and 2024. MRFR also projects the market to touch a remarkable valuation of USD 340.5 Billion by 2024-end. We will provide covid-19 impact analysis with the report. The COVID-19 mobile gaming market research offers an in-depth analysis following the coronavirus disease outbreak.

COVID-19 Analysis

In the space of just a few months, the SARS-CoV-2 has upended businesses on a large scale. However, cloud computing is one industry that has emerged much stronger than before. With Netflix and similar OTT platforms recording twice as many subscribers than ever before, there is no doubt that Internet and related technologies have become more valuable now. With physical interaction becoming an obsolete form of communication due to social distancing, enterprises worldwide have now shifted to digital solutions to ensure continued productivity. The US and Europe now need employees to operate remotely and universities as well as schools are deploying video conferencing platforms for distance learning via recorded or live lectures. COVID-19 Cloud Computing Services are presumed to be in high demand in the coming few months, anticipates MRFR.

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Key Players

Notable companies active in the cloud computing industry are Adobe Systems Inc, Dell EMC Corp., SAS Institute Inc, Oracle Corporation, Alibaba Group Holding Ltd., Alphabet Inc, Salesforce.com Inc., SAP SE, Microsoft Corporation, IBM Corporation, TIBCO Software Inc, Amazon.com Inc., Cisco Systems Inc., VMware Inc., Rackspace Inc., to list a few.

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Cloud Computing Market Research Report: By Service Model (SaaS, PaaS IaaS), By Deployment (Public, Private and Hybrid), By Organization Size (Large Enterprises, Small & Medium Enterprises), By Vertical (BFSI, IT & Telecommunication, Retail and Consumer Goods, Manufacturing, Healthcare & Life Sciences, Government & Public Sector, Media & Entertainment, Energy & Utility and others) By Region - Forecast till 2024

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