The Business Research Company’s report goes into great detail on the cloud services market size and growth, cloud services market regional analysis, cloud services market competitive landscape, and other critical information needed to excel in the cloud services industry.

Major players in the cloud services market include Amazon, Microsoft Corporation, IBM Corporation, Oracle Corporation, Dell Technologies Inc.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The cloud services market is expected to grow from $0.40 trillion in 2020 to $0.80 trillion in 2025 at a rate of 15.1%. The growth is mainly due to the IoT technology adoption by manufacturing, transportation services, and other industries. The cloud services market is expected to grow from $0.80 trillion in 2025 to $1.43 trillion in 2030 at a CAGR of 12.3%.

North America was the largest region in the global cloud services market, accounting for 60.9% of the total in 2021.

The cloud services market consists of sales of cloud services by entities (organizations, sole traders, and partnerships) that provide the delivery of information technology resources and applications on-demand through an internet platform. Companies in the cloud services industry provide access to servers, storage, databases, and a broad set of application services through the internet. The cloud services market includes sales of storage servers that are used to store, access, secure, and manage digital data, files, and services. In this report, sales of public cloud services, private cloud services, hybrid cloud services, and multi-cloud services offered by providers are included.

Adoption of cloud-based solutions in developing economies such as India, China, Brazil, and Africa will drive the growth of the market.

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Virtual cloud desktops is an emerging trend in the cloud services market. Enterprises in the cloud services industry are increasingly focusing on virtual desktop solutions, owing to the disruption of manual operations after the pandemic. Virtual cloud desktop also known as cloud-hosted virtual desktop refers to a virtual environment where the entire desktop operating system with other software applications, are encapsulated into a software package and run as an instance on any compatible computer/server using virtual machine software. these desktops can be run on a single physical server and can be moved from one host to another. Users can get a centralized cloud platform for efficient data sharing and reduces the capital expenses and can work from anywhere.

TBRC’s global cloud services market report is segmented:
By Type: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS), Business Process as a Service (BPaaS)

By End-Use Industry: BFSI (Banking, Financial Services, And Insurance), Media And Entertainment, IT & Telecom, Manufacturing, Retail, Education, Healthcare, Others

By Application: Storage, Backup, and Disaster Recovery, Application Development and Testing, Database Management, Business Analytics, Integration and Orchestration, Customer Relationship Management (CRM), Others

By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud

By Enterprise Size: Small & Medium Enterprises (SMEs), Large Enterprises

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Cloud Services Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the cloud services market globally and regionally, analyzes and forecasts market size, share, cloud services market players, cloud services market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Platform As A Service (PaaS) Global Market Report 2022

Business Process As A Service (BPaaS) Global Market Report 2022

Software As A Service (SaaS) Global Market Report 2022

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