{"product_id":"the-impact-of-covid-19-on-global-cloud-computing-market-by-deployment-mode-private-public-and-hybrid-cloud-by-technology-software-as-a-service-saas-infrastructure-as-a-service-iaas-and-platform-as-a-service-paas-by-vertical-banking-financia","title":"The Impact of Covid-19 on Global Cloud Computing Market By Deployment mode (private, public and hybrid cloud); By Technology (software as a service (SaaS), infrastructure as a service (IaaS) and platform as a service (PaaS)); By Vertical (banking financia","description":"\u003cp\u003eThe Impact of Covid-19 on Global Cloud Computing Market By Deployment mode (private, public and hybrid cloud); By Technology (software as a service (SaaS), infrastructure as a service (IaaS) and platform as a service (PaaS)); By Vertical (banking financial services and insurance, healthcare and life sciences, IT and ITeS, retail and consumer goods, telecom, energy and utilities, government and public sector and manufacturing); By organization size (large enterprises, small and medium sized enterprises) and Region –Analysis of Market Size, Share And Forecast To 2019-2030\u003c\/p\u003e\n\n\u003cp\u003eProduct overview\u003c\/p\u003e\n\n\u003cp\u003eCloud Computing is the use of hardware and software to deliver a service over a network to process, store, and manage data. It is a common storage space in which all data can be accessed simultaneously. An example is Google's Gmail. Cloud computing is used in games software and other software used by offices and institutions. During the COVID-19 pandemic, the cloud computing market is on the rise as it improves the ability of enterprises to examine important data to ensure improved responses. It also increases the efficiency of online marketing, web designing, editing, engineering, and back-office work. The lockdown in several countries has impacted the cloud market as employees are working remotely with companies using robust two-way tools in order to run operations smoothly which has assured the stability of web-based platforms and services.\u003c\/p\u003e\n\n\u003cp\u003eMarket Highlights\u003c\/p\u003e\n\n\u003cp\u003eIn 2019, the impact of COVID-19 on the cloud computing market grew at USD 233 billion and is predicted to grow at a CAGR of 19.4% during the forecast period. Major factors affecting the growth of this market include the offices and enterprises investing in IT infrastructure for cloud service providers, internet service providers, and managed to host providers. The rise in demand for cloud-based services and suitability of the public cloud environment is best suited for the current pandemic scenario. Organizations have improved the level of innovation and with the outbreak of COVID-19 a majority of operations have been compromised; as a result, many organizations have to function in a non-optimized manner.\u003c\/p\u003e\n\n\u003cp\u003eSource: Fatpos Global\u003c\/p\u003e\n\n\u003cp\u003eRecent Highlights on Cloud Computing Market\u003c\/p\u003e\n\n\u003cp\u003eIn May 2019, Amazon Web Services (AWS) partnered with VMware in India which will deliver a digital foundation to support its customers.\u003cbr\u003e\nAs per Technavio, the introduction of blockchain in cloud computing will have a positive impact on the market and contribute to its growth significantly over the forecast period.\u003cbr\u003e\nCloud Computing Market: Segments\u003c\/p\u003e\n\n\u003cp\u003eThe cloud computing market can be categorized into segments by technology, by deployment model, by vertical and by region.\u003c\/p\u003e  \n\n\u003cp\u003eBy Technology it can be divided into software as a service (SaaS), infrastructure as a service (IaaS) and platform as a service (PaaS). The SaaS segment is expected to grow the highest CAGR during the forecasted period. It will be impacted by verticals, such as transportation, manufacturing, and logistics.\u003c\/p\u003e\n\n\u003cp\u003eBased on the deployment model, the market for cloud computing has been segmented into private, public, and hybrid clouds. The public cloud segment is expected to register a CAGR of 20% by 2030.\u003c\/p\u003e\n\n\u003cp\u003eBy Vertical it can be further divided into banking financial services and insurance, healthcare, and life sciences, IT and ITeS, retail and consumer goods, telecom, energy and utilities, government and public sector, and manufacturing. The retail segment is to show the highest growth during the forecasted period. Retailers are upgrading their IT infrastructure to take advantage of the collaborated workforce in order to increase the overall productivity. They are moving towards commercial websites as online shopping is gaining attraction during the pandemic.\u003c\/p\u003e\n\n\u003cp\u003eBy the organization's size, the cloud computing market has been divided into large enterprises, small and medium-sized enterprises. The large enterprise segment is to register a CAGR of 19% by 2030.\u003c\/p\u003e\n\n\u003cp\u003eThe region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.\u003c\/p\u003e\n\n\u003cp\u003eCloud Computing Market: Drivers\u003c\/p\u003e\n\n\u003cp\u003eE-commerce and increased productivity to increase market growth\u003c\/p\u003e\n\n\u003cp\u003eCloud computing has become essential due to the covid-19 pandemic, from games to office software. E-commerce is gaining popularity amidst the coronavirus lockdown as food selling and other essential supplies delivery is moving online. The online retailers are using cloud hosting solutions that do not disrupt the business. This market is on a rise during the pandemic as it improves the ability of the enterprises to examine appropriate data and ensure an improved response. Cloud computing also provides improvements in productivity for works that are not ideal with telecommuting. Skype, ClickMeeting, Slack are also relying on this market which is a major driver in the growth of the sector.\u003c\/p\u003e\n\n\u003cp\u003eHigh expectations of consumers decrease the market growth\u003c\/p\u003e\n\n\u003cp\u003eThe major restraints in the internet of things market are meeting the expectations of the customer in terms of process optimization, keeping the IoT hardware updated, easing security concerns due to various connected networks, connectivity issues, waiting for government regulations.\u003c\/p\u003e\n\n\u003cp\u003eCloud Computing Market: Regions\u003c\/p\u003e\n\n\u003cp\u003eThe region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.\u003c\/p\u003e\n\n\u003cp\u003eIn the global market for cloud computing, the UK holds the first place followed by Germany and France. The increasing investments made by the service providers for increasing their presence in that region and fulfilling the requirements of customers is the reason for the growth of the market amidst covid-19. North America holds the largest market size in cloud computing among all the other regions. Factors boosting growth include the rising focus of enterprises on flexible options with better internet connectivity. The presence of key players such as Cisco Systems Inc., Google Microsoft Corporation, IBM Corporation, and others also add to the market strength in the region. In the APAC region through technology spending is increased, the setback of the covid-19 is immense and thus the cloud adoption is forecasted to increase work from home initiatives.\u003c\/p\u003e\n\n\u003cp\u003eSource: Fatpos Global\u003c\/p\u003e\n\n \n\n\u003cp\u003eThe Cloud Computing Market is further segmented by region into:\u003c\/p\u003e\n\n\u003cp\u003eNorth America Market Size, Share, Trends, Opportunities-o-Y Growth, CAGR – the United States and Canada\u003c\/p\u003e\n\n\u003cp\u003eLatin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America\u003c\/p\u003e\n\n\u003cp\u003eEurope Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe\u003c\/p\u003e\n\n\u003cp\u003eAPAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC\u003c\/p\u003e\n\n\u003cp\u003eMENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA\u003c\/p\u003e\n\n\u003cp\u003eCloud Computing Market: Key players\u003c\/p\u003e\n\n\u003cp\u003eMicrosoft\u003cbr\u003e\n Business Strategy\u003cbr\u003e\nKey Product Offerings\u003cbr\u003e\nFinancial Performance\u003cbr\u003e\nKey Performance Indicators\u003cbr\u003e\n Risk Analysis\u003cbr\u003e\nRecent Development\u003cbr\u003e\nRegional Presence\u003cbr\u003e\nSWOT Analysis\u003cbr\u003e\nGoogle\u003cbr\u003e\nIBM\u003cbr\u003e\nSAP\u003cbr\u003e\nCloudbees\u003cbr\u003e\nCapgemini\u003cbr\u003e\nT-mobile\u003cbr\u003e\nVodafone\u003cbr\u003e\nNextiva\u003cbr\u003e\nTencent\u003cbr\u003e\nThe Cloud Computing Market report also contains analysis on:\u003c\/p\u003e\n\n\u003cp\u003eCloud Computing Market segments:-\u003cbr\u003e\nBy technology :\u003cbr\u003e\nsoftware as a service (SaaS)\u003cbr\u003e\ninfrastructure as a service (IaaS)\u003cbr\u003e\nplatform as a service (PaaS)\u003cbr\u003e\nBy deployment :\u003cbr\u003e\nPrivate\u003cbr\u003e\npublic\u003cbr\u003e\nhybrid cloud\u003cbr\u003e\nBy vertical :\u003cbr\u003e\nbanking financial services and insurance\u003cbr\u003e\nhealthcare and life sciences\u003cbr\u003e\nIT and ITeS\u003cbr\u003e\nretail and consumer goods\u003cbr\u003e\ntelecom\u003cbr\u003e\nenergy and utilities\u003cbr\u003e\ngovernment and public sector\u003cbr\u003e\nmanufacturing\u003cbr\u003e\nBy organization size\u003cbr\u003e\nlarge enterprises\u003cbr\u003e\nsmall enterprises\u003cbr\u003e\nmedium-sized enterprises\u003cbr\u003e\nCloud Computing Market dynamics\u003cbr\u003e\nCloud Computing Market size\u003cbr\u003e\nSupply \u0026amp; Demand\u003cbr\u003e\nCurrent Trends\/Issues\/Challenges\u003cbr\u003e\nCompetition \u0026amp; Companies Involved in the Market\u003cbr\u003e\nValue Chain of the Market\u003cbr\u003e\nMarket Drivers and Restraints\u003cbr\u003e\nFAQs on Cloud Computing Market\u003c\/p\u003e\n\n\u003cp\u003eWhich segment is anticipated to hold the largest market share?\u003cbr\u003e\nAt what CAGR is the market anticipated to grow between 2020 and 2030?\u003cbr\u003e\nWho are the key players in the Cloud Computing Market?\u003cbr\u003e\nWhat could be the challenging factors for the growth of the Cloud Computing Market?\u003cbr\u003e\nWhat are the growth drivers for the Cloud Computing Market?\u003c\/p\u003e\n\n\u003cp\u003e*Please Note: The report will be delivered in 4-5 business days upon order confirmation*\u003c\/p\u003e","brand":"Technology \u0026 Media","offers":[{"title":"July, 2021 \/ 168 Pages \/ MCW16284495","offer_id":47714778513714,"sku":null,"price":5220.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/the-impact-of-covid-19-on-global-cloud-computing-market-by-deployment-mode-private-public-and-hybrid-cloud-by-technology-software-as-a-service-saas-infrastructure-as-a-service-iaas-and-platform-as-a-service-paas-by-vertical-banking-financia","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}