Cloud Computing Market Disclosing Latest Advancement 2022 to 2029 with Covid-19 Analysis

 The global “Cloud Computing Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled " Cloud Computing Market Size, Share and Trends Forecast". The report discusses research objectives, research scope, methodology, timeline, and challenges during the entire forecast period.

According to the market research report by Fortune Business Insights, cloud computing market size was valued at USD 405.65 billion in 2021 and is projected to grow from USD 480.04 billion in 2022 to USD 1,712.44 billion by 2029, exhibiting a CAGR of 19.9% during the forecast period.

Read More: 

https://www.fortunebusinessinsights.com/cloud-computing-market-102697

List of Key Companies Profiled:

  • Amazon.com Inc. (U.S.)
  • Oracle Corporation (U.S.)
  • IBM Corporation (U.S.)
  • Alibaba Group Holding Limited (China)
  • Microsoft Corporation (U.S.)
  • VMware, Inc. (U.S.)
  • Google LLC (U.S.)
  • Rackspace Technology, Inc. (U.S.)
  • SAP SE (Germany)
  • Salesforce, Inc. (U.S.)

Driver: Increasing Rate of Recovery of Financial Losses to Stimulate Cloud Computing Market Growth

The increase in the rate of recovery of financial losses is anticipated to augment the growth of the Cloud Computing Market within the estimated period. Cloud Computing Market helps all organizations and enterprises mitigate losses from a variety of incidents that take place every day, from a data breach involving sensitive customer information to network damage and disruption. Though does not protect any organization against the hack itself, it does offer help before, during, and after an attack. Further, it also helps with the costs associated with remediation, including payment for legal assistance, crisis communicators, investigators, and customer credits or refunds. However, the lack of awareness related to Cloud Computing Market Moreover, the increasing adoption of artificial intelligence and blockchain technology for risk analytics is further anticipated to support the growth in the years to come.

 

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Email:sales@fortunebusinessinsights.com

 

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