The adoption of SaaS helps enterprises in eliminating expenses and complexities associated with managing hardware and software required to run applications. Moreover, SaaS also enables easy access to IoT, data analytics, and AI platforms, which aids businesses in making business decisions. As a result, there will be a high demand for SaaS solutions. The growth of the SaaS market segment is expected to be significantduring the forecast period.
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Moreover, the report also providesValue Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the Cloud Computing Market includes the following core components:
Highlights-
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Vendor Insights-
The cloud computing market is fragmented and the vendors are deploying growth strategies such as product developmentto compete in the market.
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Learn More about the Key Driver& Challengeof the Market-
SMEs have started opting for public solutions to scale up or scale down the hardware and resources. Apart from CAPEX reduction, cloud computing solutions can facilitate faster storage, processing, and communication lines. Clouds also enable the deployment of applications without the need for provisioning hosting capabilities. Cloud services provide security, facilitate optimum use of resources, and provide the reliability of a normal dedicated server and cloud resources. The above-mentionedfactors are increasing revenue generation for vendors, contributing to the growth of the cloud computing market size. The increased inclination towardcloud computing for cost-cutting is one of the significant factors driving the market growth.
The system integration issues will be a major factor challenging the cloud computing market. Various enterprises are adopting cloud computing services, such as IaaS, PaaS, and SaaS solutions, as they are cost-effective and an alternative to traditional IT deployments. However, there are challenges when implementing cloud services at an enterprise scale to ensure smooth integration of the new systems with the enterprises existing infrastructure. Some of the significant issues associated with system integration are, connecting to monolithic systems, different business units viewing data differently, and choosing the right tool for integration. In modern connectivity and IT infrastructure, an integration tool must support hybrid integrationwhich allows on-premise applications to seamlessly integrate with cloud-based applications. Therefore, enterprises find it challenging to choose the right tool.
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Cloud Computing Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Decelerate at a CAGR of 17%
Market growth 2021-2025
$ 287.03 billion
Market structure
Fragmented
YoY growth (%)
20.37
Regional analysis
North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 40%
Key consumer countries
US, China, UK, Germany, and Japan
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Adobe Inc., Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and SAP SE
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization preview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
2.2 Market characteristics
Exhibit 02: Market Characteristics
2.3 Value chain analysis
Exhibit 03: Value chain analysis - Internet services and infrastructure
2.3.1 Inputs
2.2.2 Engineering phase
2.3.3 Operations
2.3.5 Marketing and sales
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
3.5 Impact of COVID-19 on market and recovery from pandemic
4. Five Forces Analysis
4.1 Five Forces Analysis
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition - Five forces 2020
5. Market Segmentation by Application by Service
5.1 Market segments
The segments covered in this chapter are:
Exhibit 15: Service - Market share 2020-2025 (%)
5.2 Comparison by Service
Exhibit 16: Comparison by Service
5.3 SaaS - Market size and forecast 2020-2025
Exhibit 17: SaaS - Market size and forecast 2020-2025 ($ billion)
Exhibit 18: SaaS - Year-over-year growth 2020-2025 (%)
5.4 IaaS - Market size and forecast 2020-2025
Exhibit 19: IaaS - Market size and forecast 2020-2025 ($ billion)
Exhibit 20: IaaS - Year-over-year growth 2020-2025 (%)
5.5 PaaS - Market size and forecast 2020-2025
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