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Cloud Computing Market: Amazon Web Services Opens Three New Data Centers in Bahrain to Expand Geographic Footprint: Fortune Business Insights™
Key Companies Covered in Cloud Computing Market Research Report are Amazon Web Services (AWS), Oracle Corporation, IBM Corporation, Alibaba Group Holding Limited, Microsoft Corporation, VMware, Inc., Alphabet Inc. (Google LLC), Rackspace Technology, Inc., SAP SE, Apple Inc., Salesforce.com, Inc., HCL Technologies Limited, Hewlett-Packard Company (HPE), Sprint Corporation, Verizon Wireless, Red Hat, Inc., Ooma Inc., Paytm, Adobe, Inc.Pune, India, Feb. 12, 2021 (GLOBE NEWSWIRE) — The global cloud computing market is expected to gain momentum from the rising inclination of enterprises to Omni-cloud solutions from multi-cloud solutions. This information is given by Fortune Business Insights™ in a new report, titled, “Cloud Computing Market Size, Share & COVID-19 Impact Analysis, By Type (Public Cloud, Private Cloud, Hybrid Cloud), By Service (Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)), By Industry (Banking, Financial Services, and Insurance (BFSI), IT and Telecommunications, Government, Consumer Goods, and Retail, Healthcare, Manufacturing, Others), and Regional Forecast, 2020-2027.” The report further states that the market size stood at was USD 193.60 billion in 2019 and it is projected to reach USD 684.55 billion by 2027, exhibiting a CAGR of 17.6% during the forecast period. Request To Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cloud-computing-market-102697 COVID-19 Pandemic: High Demand for VoD Solutions to Propel Growth The demand for live-streaming platforms, such as Amazon Prime, Netflix, and Hulu is surging rapidly backed by the lockdown measures implemented by governments worldwide to prevent the transmission of coronavirus. This video-on-demand (VoD) solutions are further resulting in the high demand for IaaS cloud-based services. Also, because of the work from home practices across the globe, there is a high demand for SaaS-based collaboration solutions. We are delivering authentic reports to help you select the right strategy for regaining business confidence and generate more sales of cloud computing solutions. To get to know more about the short-term and long-term impact of COVID-19 on this market, Please visit: https://www.fortunebusinessinsights.com/cloud-computing-market-102697 This Report Answers the Following Questions: Which segment is set to lead the market in the near future?Which firm would generate the highest revenue in the coming years?How will key companies boost sales of cloud computing services amid COVID-19?What are the estimated, historical, and current sizes of the global market? Drivers & Restraints- Urgent Need to Analyze Data-driven Business Strategies will Favor Growth The integration of innovative technologies, such as machine learning (ML) and artificial intelligence (AI) with cloud computing solutions is increasing globally. It is aiding in analyzing, visualizing, and monitoring data-driven business strategies. At the same time, such integration processes would allow companies to make complex data accessible and usable over the visual representation, as well as to accelerate their visualization capabilities. However, the rising number of privacy and security concerns regarding unforeseen emergencies, application vulnerabilities, cyber-attacks, and data breaches may hamper the overall cloud computing market growth throughout the forthcoming years. Segment- Government Initiatives to Support Data Safety & Integrity will Drive BFSI Segment Based on industry, the banking, financial services, and insurance (BFSI) segment procured 16.1% in terms of cloud computing market share in 2019. This growth is attributable to the rising initiatives by the government to support data safety and integrity. The IT & telecommunications segment is likely to remain dominant in the coming years owing to the increasing usage of these services to manage and store vast amounts of data in the industry. Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/cloud-computing-market-102697 Regional Analysis- North America to Remain at Forefront Owing to Presence of Amazon, IBM, & Apple Regionally, in 2019, North America generated USD 58.10 billion in terms of revenue. The region is anticipated to lead the market fueled by the presence of several prominent cloud computing service providers, namely, Apple Inc., IBM Corporation, and Amazon Web Services in the region. Asia Pacific, on the other hand, is set to exhibit an astonishing growth in the near future backed by the rapid digitalization and the rising internet penetration. Europe would show a substantial CAGR because of the high expenditure on cloud-based technologies in the region. Competitive Landscape- Key Players Aim to Gain Competitive Edge through New Product Launches The market houses numerous reputed companies that are either opening new data centers or are launching new cloud computing solutions to gain a competitive edge. Most of them are nowadays striving persistently to develop state-of-the-art solutions for making COVID-19 tests easy for healthcare workers. Below are two latest industry developments: July 2020: Amazon Web Services (AWS) opened three unique data centres in Bahrain to enter the Middle East market. It is currently planning to open nine more availability zones in South Africa, Italy, and Indonesia to expand its presence. May 2020: Microsoft Corporation unveiled its latest cloud computing solution called Hospital Emergency Response to help healthcare institutes develop COVID-19 assessment tools, thereby reducing the stress on front line workers. A list of all the service providers present in this market: Amazon Web Services (AWS) (Washington, United States)Oracle Corporation (California, United States)IBM Corporation (New York, United States)Alibaba Group Holding Limited (Hangzhou, China)Microsoft Corporation (New Mexico, United States)VMware, Inc. (California, United States) Alphabet Inc. (Google LLC) (California, United States)Rackspace Technology, Inc. (Texas, United States)SAP SE (Walldorf, Germany)Apple Inc. (California, United States) Salesforce.com, Inc. (California, United States)HCL Technologies Limited (Noida, India)Hewlett-Packard Company (HPE) (California, United States)Sprint Corporation (Kansas, United States)Verizon Wireless (New York, United States)Red Hat, Inc. (North Carolina, United States)Ooma Inc. (California, United States)Paytm (Uttar Pradesh, India)Adobe, Inc. (California, United States) Quick Buy- Cloud Computing Market: https://www.fortunebusinessinsights.com/checkout-page/102697 Major Table of Content for Cloud Computing Market: Introduction Definition, By SegmentResearch Methodology/ApproachData Sources Executive SummaryMarket Dynamics Macro and Micro Economic IndicatorsDrivers, Restraints, Opportunities and TrendsImpact of COVID-19 Short-term ImpactLong-term Impact Competition Landscape Business Strategies Adopted by Key PlayersConsolidated SWOT Analysis of Key PlayersPorter’s Five Force AnalysisGlobal Cloud Computing Key Players Market Share Analysis and Matrix, 2019 Key Market Insights and Analysis, By SegmentsGlobal Cloud Computing Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027 By Type (Value) Public CloudPrivate CloudHybrid Cloud By Service (Value) Infrastructure as a Service (IaaS)Platform as a Service (PaaS)Software as a Service (SaaS) By Industry (Value) BFSIIT and TelecommunicationsGovernmentConsumer Goods and RetailHealthcareManufacturingOthers (Energy and Utilities, Education, Media and Entertainment etc.) By Region (Value) North AmericaEuropeAsia PacificMiddle East & AfricaLatin America TOC Continued…!!! Speak To Our Analyst- https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/cloud-computing-market-102697 Have a Look at Related Research Insights: Big Data Technology Market Size, Share & Industry Analysis, By Offering (Solution, Services), By Deployment (On-Premise, Cloud, Hybrid), By Application (Customer Analytics, Operational Analytics, Fraud Detection and Compliance, Enterprise Data Warehouse Optimization, Others), By End Use Industry (BFSI, Retail, Manufacturing, IT and Telecom, Government, Healthcare, Utility, Others) and Regional Forecast, 2019-2026 Artificial Intelligence (AI) Market Size, Share and Industry Analysis By Component (Hardware, Software, Services), By Technology (Computer Vision, Machine Learning, Natural Language Processing, Others), By Industry Vertical (BFSI, Healthcare, Manufacturing, Retail, IT & Telecom, Government, Others) and Regional Forecast, 2019-2026 Retail Analytics Market Size, Share and Industry Analysis By Type (Software, Services), By Deployment (On-Premises, Cloud), By Organization Size (SMEs, Large Enterprises), By Function (Customer Management, Supply Chain, Merchandising, In-Store Operations, and Strategy & Planning) and Regional Forecast 2019-2026 About Us: Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. 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