The global cloud computing market is poised to grow at a compound annual growth rate of around 27.5% over the next decade to reach approximately $1,250 billion by 2025, according to Research and Markets (www.researchandmarkets.com).
Some of the prominent trends that the market is witnessing include increasing applications of cloud computing solutions and expansion of global players into emerging regions, says the research group. Based on deployment the market is categorized into public cloud, community cloud, private cloud and hybrid cloud. Depending on the service the market is segmented by platform as a service (PaaS), infrastructure as service (IaaS) and software as a service (SaaS).
This Research and Markets report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.