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

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

The adoption of SaaS helps enterprises in eliminating bills and complexities related to managing {hardware} and software program required to run purposes. Moreover, SaaS additionally permits quick access to IoT, information analytics, and AI platforms, which aids companies in making enterprise choices. As a end result, there will likely be a excessive demand for SaaS options. The progress of the SaaS market phase is anticipated to be vital throughout the forecast interval.

Key Cloud Computing Market Report Highlights:

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

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

Regional Market Analysis

40% of the market’s progress 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 progress on this area will likely be slower than the expansion of the market in different areas.

The rising adoption of cloud options from numerous end-user industries will facilitate the cloud computing market progress 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 a number of of the important thing distributors within the Cloud Computing Market.

The market is fragmented and the distributors are deploying progress methods reminiscent of product improvement to compete available in the market.

  • 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 purposes.
  • 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 set of providers 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 short understanding about numerous different distributors and the distributors methods.

Key Market Drivers

Our analysts have extensively outlined the data on the important thing market drivers and their affect 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 assets. Apart from CAPEX discount, cloud computing options can facilitate quicker storage, processing, and communication strains. Clouds additionally allow the deployment of purposes with out the necessity for provisioning internet hosting capabilities. Cloud providers present safety, facilitate optimum use of assets, and present the reliability of a traditional devoted server and cloud assets. 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 progress.

To find out about a number of different market drivers, traits, and challenges.

Download our free sample report

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Cloud Computing Market Scope

Report Coverage


Page quantity


Base yr


Forecast interval


Growth momentum & CAGR

Decelerate at a CAGR of 17%

Market progress 2021-2025

$ 287.03 billion

Market construction


YoY progress (%)


Regional evaluation

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

Performing market contribution

North America at 40%

Key shopper international locations

US, China, UK, Germany, and Japan

Competitive panorama

Leading firms, 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 progress inducers and obstacles, Fast-growing and slow-growing phase evaluation, COVID-19 affect and future shopper dynamics, market situation evaluation for forecast interval,

Customization purview

If our report has not included the info that you’re searching for, you’ll be able to attain out to our analysts and get segments custom-made.

About Us

Technavio is a number one international know-how analysis and advisory firm. Their analysis and evaluation concentrate on rising market traits and gives actionable insights to assist companies establish 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 studies and counting, overlaying 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising consumer base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market eventualities.


Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]


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SOURCE Technavio

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