Cloud Computing Market: 40% of Growth to Originate from North America | Service (SaaS, IaaS, and PaaS) and Geography Segments | Global Forecast to 2025 | National News

NEW YORK, Jan. 17, 2022 /PRNewswire/ — The Cloud Computing Market worth is ready to develop by USD 287.03 billion from 2020 to 2025, as per the newest report by Technavio.

The adoption of SaaS helps enterprises in eliminating bills and complexities related to managing {hardware} and software program required to run functions. Moreover, SaaS additionally allows easy accessibility to IoT, knowledge analytics, and AI platforms, which aids companies in making enterprise selections. As a outcome, there will probably be a excessive demand for SaaS options. The development of the SaaS market phase is predicted to be vital throughout the forecast interval.

Key Cloud Computing Market Report Highlights:

  1. Market development 2020-2025: USD 287.03 billion
  2. YoY development (%): 20.37%
  3. Performing market contribution: North America at 40%
  4. Key shopper nations: US, Germany, China, Japan, and UK

Want extra knowledge and info that’s not included on this report? Reach out to our analysts and get this report may be personalised in accordance to your wants. Speak to an Analyst.

Regional Market Analysis

40% of the market’s development will originate from North America throughout the forecast interval. The US is one of the important thing markets for cloud computing in North America. Market development on this area will probably be slower than the expansion of the market in different areas.

The rising adoption of cloud options from varied end-user industries will facilitate the cloud computing market development in North America over the forecast interval.

For Additional Information in regards to the regional market: Request for a free sample report.

Key Vendors and Strategies

Adobe Inc., Alibaba Group Holding Ltd., Alphabet Inc., Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Microsoft Corp., Oracle Corp., Inc., and SAP SE are just a few of the important thing distributors within the Cloud Computing Market.

The market is fragmented and the distributors are deploying development methods reminiscent of product growth to compete out there.

  • Hewlett Packard Enterprise Development LP – In March 2021, HPE launched a brand new portfolio of AMD EPYC processor-based choices and claimed #1 place in efficiency, vitality effectivity, database analytic workloads, and Java functions.
  • International Business Machines Corp – In March 2021, IBM introduced a collaboration with the All India Council of Technical Education (AICTE) and the Ministry of Education (MoE) to present skills-based coaching programs on the National Educational Alliance for Technology (NEAT) 2.0 platform.
  • Oracle Corp – In October 2020, the corporate launched Oracle Cloud Observability and Management platform, which is a collection of companies to allow higher visibility and perception throughout each cloud-native and conventional applied sciences, whether or not deployed in multicloud or on-premises environments

Download our free sample report to get a quick understanding about varied different distributors and the distributors methods.

Key Market Drivers

Our analysts have extensively outlined the knowledge on the important thing market drivers and their influence on the Cloud Computing Market.

  • Increased inclination in direction of cloud computing for cost-cutting:
    • SMEs have began choosing public options to scale up or scale down the {hardware} and sources. Apart from CAPEX discount, cloud computing options can facilitate sooner storage, processing, and communication traces. Clouds additionally allow the deployment of functions with out the necessity for provisioning internet hosting capabilities. Cloud companies present safety, facilitate optimum use of sources, and present the reliability of a traditional devoted server and cloud sources. The above-mentioned components are growing income era for distributors, contributing to the expansion of the cloud computing market measurement. The elevated inclination towards cloud computing for cost-cutting is one of the numerous components driving the market development.

To learn about just a few different market drivers, traits, and challenges.

Download our free sample report

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Cloud Computing Market Scope

Report Coverage


Page quantity


Base 12 months


Forecast interval


Growth momentum & CAGR

Decelerate at a CAGR of 17%

Market development 2021-2025

$ 287.03 billion

Market construction


YoY development (%)


Regional evaluation

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 40%

Key shopper nations

US, China, UK, Germany, and Japan

Competitive panorama

Leading corporations, aggressive methods, shopper engagement scope

Companies profiled

Adobe Inc., Alibaba Group Holding Ltd., Alphabet Inc., Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Microsoft Corp., Oracle Corp., Inc., and SAP SE

Market Dynamics

Parent market evaluation, Market development inducers and obstacles, Fast-growing and slow-growing phase evaluation, COVID-19 influence and future shopper dynamics, market situation evaluation for forecast interval,

Customization purview

If our report has not included the information that you’re searching for, you possibly can attain out to our analysts and get segments custom-made.

About Us

Technavio is a number one international expertise analysis and advisory firm. Their analysis and evaluation deal with rising market traits and offers actionable insights to assist companies determine market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 experiences and counting, overlaying 800 applied sciences, spanning throughout 50 nations. Their shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising shopper base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to determine alternatives in present and potential markets and assess their aggressive positions inside altering market eventualities.


Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

Email: [email protected]


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SOURCE Technavio

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