Cloud Computing Platform Market by Service Model (IaaS, PaaS, and SaaS), by Deployment Model, Organization Size, Vertical (BFSI, Retail and Consumer Goods, Telecommunications, IT and ITeS, and Manufacturing), and Region - Global Forecast to 2027
Description
Cloud Computing Platform Market by Service Model (IaaS, PaaS, and SaaS), by Deployment Model, Organization Size, Vertical (BFSI, Retail and Consumer Goods, Telecommunications, IT and ITeS, and Manufacturing), and Region - Global Forecast to 2027
The global cloud computing platform market size is expected to grow from USD 545.8 billion in 2022 to USD 1240.9 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period. Cloud computing is an on-demand delivery of a virtual environment that includes a pool of resources, such as computing, storage, applications, database, and network, through pay-as-you-go pricing service models, which enable enterprises to host their workloads.
As per the service model, IaaS to grow at the highest CAGR during the forecast period
As per the service model, Infrastructure as a service (IaaS) is estimated to hold the highest Compound Annual Growth Rate (CAGR) of 22.5% in the cloud computing platform market. Cloud Computing Service Models are further categorized into IaaS, PaaS, and SaaS. IaaS, or Infrastructure as a service, is a type of cloud computing that offers basic computation, network, and storage capabilities to customers on demand, via the internet, and on a pay-as-you-go basis. It describes a set of services, including hosting, provisioning, hardware, and the fundamental ones required to run a cloud. With this, an enterprise can use this service to outsource servers, storage, hardware, servers, and networking components, as well as other equipment needed to support operations. Further, PaaS, or platform as a service, is an all-inclusive environment for cloud development and deployment that has the tools necessary to provide anything from basic cloud-based apps to complex business systems. It consists of application infrastructures (middleware) services, such as application platforms, development tools, integration, business process management, Business Analytics/BI, and database management services. SaaS refers to a cloud-based method of providing software to users. Users subscribe to an application rather than purchasing it once and installing it. Users can log into and use a SaaS application from any compatible device over the internet. The actual application runs in cloud servers instead of each user installing the software on their device. For large organizations, updating software was a time-consuming process.
As per platform as a service, analytics and reporting segments to grow at the highest CAGR during the forecast period
As per PaaS, Analytics and reporting are anticipated to develop at the highest CAGR of 23.4% during the forecast period, while the data management segment is expected to hold a larger market share based on platform-as-a-service. Analytics and reporting are data management solutions implemented in organizations to collect historical and present data while using statistics and software to analyze raw information and deliver insights for making better future decisions. BI is the process of collecting, storing, and analyzing data from business operations. It provides comprehensive business metrics in near-real-time to support better decision-making.
As per software as a service, the supply chain management segment is expected to grow at the highest CAGR during the forecast period
As per SaaS, supply chain management is estimated to hold the highest Compound Annual Growth Rate (CAGR) of 17.6% in the cloud computing platform market. Applications, such as logistics, inventory, and production planning, are covered under the SCM segment. Improving supply chain operations for different capital-intensive industries requires explicit consideration, as the multidisciplinary nature of different sectors makes SCM practices more complex. Cloud-based SCM applications help to reduce all these challenges and improve the business processes associated with managing supply chain activities.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the cloud computing platform market.
By Company: Tier I: 32%, Tier II: 49%, and Tier III: 19%
By Designation: C-Level Executives: 33%, D-Level Executives: 22%, and Managers: 45%
By Region: APAC: 35%, Europe: 20%, North America: 40%, Rest of World: 5%
The report includes the study of key players offering cloud computing platform. It profiles major vendors in the cloud computing platform market. Some of the major cloud computing platform market vendors are AWS (US), Microsoft (US), IBM (US), Google (US), Alibaba Cloud (China), SAP (Germany), Salesforce (US), Oracle (US), Adobe (US), Workday (US), Fujitsu (Japan), VMWare (US), Rackspace (US), DXC (US), Tencent (China), NEC (Japan), DigitalOcean (US), Joyent (US), Virtustream (US), Skytap (US), OVH (France), Bluelock (US), Navisite (US), CenturyLink (US), Infor (US), Sage (UK), Intuit (US), OpenText (Canada), Cisco (US), Box (US), Zoho (US), Citrix (US), Epicor (US), Upland Software (US), ServiceNow (US), and IFS (Sweden).
Research Coverage
The market study covers the cloud computing platform market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, deployment type, marketing function, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall cloud computing platform market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The global cloud computing platform market size is expected to grow from USD 545.8 billion in 2022 to USD 1240.9 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period. Cloud computing is an on-demand delivery of a virtual environment that includes a pool of resources, such as computing, storage, applications, database, and network, through pay-as-you-go pricing service models, which enable enterprises to host their workloads.
As per the service model, IaaS to grow at the highest CAGR during the forecast period
As per the service model, Infrastructure as a service (IaaS) is estimated to hold the highest Compound Annual Growth Rate (CAGR) of 22.5% in the cloud computing platform market. Cloud Computing Service Models are further categorized into IaaS, PaaS, and SaaS. IaaS, or Infrastructure as a service, is a type of cloud computing that offers basic computation, network, and storage capabilities to customers on demand, via the internet, and on a pay-as-you-go basis. It describes a set of services, including hosting, provisioning, hardware, and the fundamental ones required to run a cloud. With this, an enterprise can use this service to outsource servers, storage, hardware, servers, and networking components, as well as other equipment needed to support operations. Further, PaaS, or platform as a service, is an all-inclusive environment for cloud development and deployment that has the tools necessary to provide anything from basic cloud-based apps to complex business systems. It consists of application infrastructures (middleware) services, such as application platforms, development tools, integration, business process management, Business Analytics/BI, and database management services. SaaS refers to a cloud-based method of providing software to users. Users subscribe to an application rather than purchasing it once and installing it. Users can log into and use a SaaS application from any compatible device over the internet. The actual application runs in cloud servers instead of each user installing the software on their device. For large organizations, updating software was a time-consuming process.
As per platform as a service, analytics and reporting segments to grow at the highest CAGR during the forecast period
As per PaaS, Analytics and reporting are anticipated to develop at the highest CAGR of 23.4% during the forecast period, while the data management segment is expected to hold a larger market share based on platform-as-a-service. Analytics and reporting are data management solutions implemented in organizations to collect historical and present data while using statistics and software to analyze raw information and deliver insights for making better future decisions. BI is the process of collecting, storing, and analyzing data from business operations. It provides comprehensive business metrics in near-real-time to support better decision-making.
As per software as a service, the supply chain management segment is expected to grow at the highest CAGR during the forecast period
As per SaaS, supply chain management is estimated to hold the highest Compound Annual Growth Rate (CAGR) of 17.6% in the cloud computing platform market. Applications, such as logistics, inventory, and production planning, are covered under the SCM segment. Improving supply chain operations for different capital-intensive industries requires explicit consideration, as the multidisciplinary nature of different sectors makes SCM practices more complex. Cloud-based SCM applications help to reduce all these challenges and improve the business processes associated with managing supply chain activities.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the cloud computing platform market.
By Company: Tier I: 32%, Tier II: 49%, and Tier III: 19%
By Designation: C-Level Executives: 33%, D-Level Executives: 22%, and Managers: 45%
By Region: APAC: 35%, Europe: 20%, North America: 40%, Rest of World: 5%
The report includes the study of key players offering cloud computing platform. It profiles major vendors in the cloud computing platform market. Some of the major cloud computing platform market vendors are AWS (US), Microsoft (US), IBM (US), Google (US), Alibaba Cloud (China), SAP (Germany), Salesforce (US), Oracle (US), Adobe (US), Workday (US), Fujitsu (Japan), VMWare (US), Rackspace (US), DXC (US), Tencent (China), NEC (Japan), DigitalOcean (US), Joyent (US), Virtustream (US), Skytap (US), OVH (France), Bluelock (US), Navisite (US), CenturyLink (US), Infor (US), Sage (UK), Intuit (US), OpenText (Canada), Cisco (US), Box (US), Zoho (US), Citrix (US), Epicor (US), Upland Software (US), ServiceNow (US), and IFS (Sweden).
Research Coverage
The market study covers the cloud computing platform market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, deployment type, marketing function, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall cloud computing platform market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
363 Pages
- STUDY OBJECTIVES
- MARKET DEFINITION
- MARKET SCOPE
- YEARS CONSIDERED
- CURRENCY CONSIDERED
- STAKEHOLDERS
- SUMMARY OF CHANGES
- RESEARCH DATA
- MARKET BREAKUP AND DATA TRIANGULATION
- MARKET SIZE ESTIMATION
- MARKET FORECAST
- STUDY ASSUMPTIONS
- LIMITATIONS AND RISK ASSESSMENT
- EXECUTIVE SUMMARY
- ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN CLOUD COMPUTING MARKET
- CLOUD COMPUTING MARKET, BY SERVICE MODEL, 2022 VS. 2027
- CLOUD COMPUTING MARKET, BY IAAS, 2022 VS. 2027
- CLOUD COMPUTING MARKET, BY PAAS, 2022 VS. 2027
- CLOUD COMPUTING MARKET, BY SAAS, 2022 VS. 2027
- CLOUD COMPUTING MARKET, BY DEPLOYMENT MODEL, 2022 VS. 2027
- CLOUD COMPUTING MARKET, BY ORGANIZATION SIZE, 2022 VS. 2027
- CLOUD COMPUTING MARKET, BY VERTICAL, 2022 VS. 2027
- CLOUD COMPUTING MARKET, BY REGION, 2022 VS. 2027
- INTRODUCTION
- MARKET DYNAMICS
- CASE STUDY ANALYSIS
- SUPPLY CHAIN ANALYSIS
- ECOSYSTEM ANALYSIS
- PATENT ANALYSIS
- PRICING ANALYSIS
- TECHNOLOGY ANALYSIS
- REGULATORY LANDSCAPE
- PORTER'S FIVE FORCES ANALYSIS
- KEY CONFERENCES AND EVENTS, 2022-2023
- TRENDS/DISRUPTIONS IMPACTING BUYERS
- INTRODUCTION
- INFRASTRUCTURE AS A SERVICE (IAAS)
- PLATFORM AS A SERVICE (PAAS)
- SOFTWARE AS A SERVICE (SAAS)
- INTRODUCTION
- PRIMARY STORAGE
- DISASTER RECOVERY AND BACKUP
- ARCHIVING
- COMPUTE
- INTRODUCTION
- APPLICATION DEVELOPMENT AND PLATFORMS
- APPLICATION TESTING AND QUALITY
- ANALYTICS AND REPORTING
- INTEGRATION AND ORCHESTRATION
- DATA MANAGEMENT
- INTRODUCTION
- CUSTOMER RELATIONSHIP MANAGEMENT
- ENTERPRISE RESOURCE MANAGEMENT
- HUMAN CAPITAL MANAGEMENT
- CONTENT MANAGEMENT
- COLLABORATION AND PRODUCTIVITY SUITES
- SUPPLY CHAIN MANAGEMENT
- OTHERS
- INTRODUCTION
- PUBLIC CLOUD
- PRIVATE CLOUD
- INTRODUCTION
- LARGE ENTERPRISES
- SMALL AND MEDIUM-SIZED ENTERPRISES
- INTRODUCTION
- BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
- ENERGY AND UTILITIES
- GOVERNMENT AND PUBLIC SECTOR
- TELECOMMUNICATIONS
- IT AND ITES
- RETAIL AND CONSUMER GOODS
- MANUFACTURING
- MEDIA AND ENTERTAINMENT
- HEALTHCARE AND LIFE SCIENCES
- OTHER VERTICALS
- INTRODUCTION
- NORTH AMERICA
- EUROPE
- ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- LATIN AMERICA
- INTRODUCTION
- MARKET EVALUATION FRAMEWORK
- MARKET SHARE OF VENDORS IN IAAS SEGMENT, 2022
- MARKET SHARE OF VENDORS IN PAAS SEGMENT, 2022
- MARKET SHARE OF VENDORS IN SAAS SEGMENT, 2022
- STRATEGIES ADOPTED BY KEY PLAYERS
- MARKET SHARE OF TOP VENDORS
- HISTORICAL REVENUE ANALYSIS OF TOP VENDORS
- EVALUATION QUADRANT FOR KEY PLAYERS
- EVALUATION QUADRANT FOR STARTUPS/SMES
- COMPETITIVE SCENARIO
- MAJOR PLAYERS
- OTHER PLAYERS
- STARTUPS/SMES
- INTRODUCTION
- EDGE COMPUTING
- SERVERLESS ARCHITECTURE
- CLOUD APPLICATION
- DISCUSSION GUIDE
- KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- CUSTOMIZATION OPTIONS
- RELATED REPORTS
- AUTHOR DETAILS
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
