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Next Move Strategy Consulting

Cloud Computing Market is predicted to reach USD 1902.66 Billion by 2030

Cloud Computing Market is predicted to reach USD 1902.66 Billion by 2030

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According to the study by Next Move Strategy Consulting, the global Cloud Computing Market size is predicted to reach USD 1902.66 billion with a CAGR of 18.7% by 2030.

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The growing adoption of advance technologies such as artificial intelligence (AI) and machine learning (ML) particularly in telecom and IT sectors is propelling the growth of cloud computing industry globally.

North-America holds the dominant share in cloud computing industry trends and is expected to continue its dominance during the forecast period.

The cloud computing industry comprising of various market key player such as, Amazon Web Services Inc (AWS), Microsoft Azure, Google Cloud Platform (GCP), Alibaba Cloud, Oracle Cloud, IBM Cloud (Kyndryl), Tencent Cloud, OVHcloud, DigitalOcean, Linode (Akamai), and others.

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