Cloud Services Global Market Briefing: Covid 19 Impact and Recovery
The global cloud services market is expected to grow from $344.4 billion to $396.1 billion in 2020 at a CAGR of 15.03%, despite increasing number of people working from home due to lockdowns imposed by governments globally that restrict gathering of people in public places. Uncertainty surrounding the duration of the spread of coronavirus is expected to lead to more companies adopting cloud technology to support their employees working from home, thereby driving market growth. The market is then expected to grow at a CAGR of 15.63% from 2020 to reach $612.4 billion in 2023.
Cloud Services Global Market Briefing: Covid 19 Impact and Recovery provides strategists, marketers and senior management with the critical information they need to assess the global cloud services sector.
Reasons to Purchase
Fully updated for 2020 including the impact of the Covid 19/ Novel Coronavirus.
Identify growth segments and opportunities.
Facilitate decision making on the basis of historic and forecast data and key trends
Develop strategies based on likely future developments.
Gain a global perspective on the development of the market.
Description
Cloud Services Global Market Briefing: Covid 19 Impact and Recovery from the Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for this market.
The market characteristics section of the report defines and explains the market.
The market size section gives the cloud services market revenues, covering both the historic growth of the market and forecasting the future.
Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.
The trends and strategies section highlights the likely future developments in the cloud services market and suggests approaches.
Scope
Markets Covered: Software as a service (SaaS); Business Process as a service (BPaaS); Infrastructure as a service (IaaS); Platform as a service (PaaS)
Companies Mentioned: Microsoft; International Business Machines Corporation; SAP SE; Amazon.com Inc; Nippon Telegraph And Telephone Corp
Geographic scope: Asia Pacific, North America, Western Europe, Eastern Europe, South America, Middle East, Africa
Countries: Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam, Canada, USA, Mexico, Argentina, Brazil, Chile, Colombia, Peru, Venezuela, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, the UK, Czech Republic, Poland, Romania, Russia, Israel, Saudi Arabia, Turkey, UAE, Egypt, Nigeria, South Africa
Time series: Five years historic and forecast.
Data: Market value in $ billions.
Data segmentations: Regional breakdowns, key sub segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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