NEWS

Cloud Computing Market and Trend

Date : 2022-08-01 Reading : 393

Cloud computing is a model that centralizes computer data and files for remote processing in large-scale data centers by storing them on multiple servers that can be accessed via the Internet.

 

There are four main types of cloud computing services.

 

  1. Infrastructure as a Service (IaaS) is a service that provides customers with on-demand configuration and use of infrastructure resources such as compute, storage and network.
  2. Platform-as-a-Service (PaaS) is mainly a platform for customers to develop, run and manage the applications they create or acquire.
  3. Data as a Service (DaaS) is mainly to establish an IT environment for data collection, governance, and analysis, and to provide programming interfaces for analysis structures and algorithms.
  4. Software as a Service (SaaS) is mainly to provide customers with on-demand applications.

The global cloud computing market size was USD 122.6 billion in 2017, growing to USD 263.5 billion in 2022, with a CAGR of 16.5% from 2017 to 2022. The global cloud computing market is expected to reach USD 785.0 billion in 2027, with a CAGR of 24.4% from 2022 to 2027.

 

Figure 2017-2027 Global Cloud Computing Market Size (Billion USD) and CAGR

Related topics

Cloud Computing Market and Trend 

ABOUT HDIN RESEARCH

HDIN Research focuses on providing market consulting services. As an independent third-party consulting firm, it is committed to providing in-depth market research and analysis reports.

OUR LOCATION

Room 208-069, Floor 2, Building 6, No. 1, Shangdi 10th Street, Haidian District, Beijing, PR China
+86-010-53329578
sales@hdinresearch.com

QUICK LINKS