The global cloud computing market was valued at USD 752.44 billion in 2024 and is projected to reach USD 2,390.18 billion by 2030, expanding at a compound annual growth rate (CAGR) of 20.4% from 2025 to 2030. This substantial growth is being driven by the rapid expansion of big data, artificial intelligence (AI), and machine learning (ML) technologies, which are placing increasing demands on...

The global cloud computing market was valued at USD 602.31 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 21.2% from 2024 to 2030. The market is rapidly expanding, driven by several key factors, including the increasing recognition by large enterprises of the transformative power of cloud computing. By migrating to the cloud, businesses can streamline their...

The global cloud computing market was valued at USD 602.31 billion in 2023, with an anticipated growth at a compound annual growth rate (CAGR) of 21.2% from 2024 to 2030. This rapid expansion is driven by multiple factors, including the increasing recognition among large enterprises of the transformative capabilities of cloud computing. Migration to cloud platforms allows these enterprises to...

The global cloud computing market was valued at USD 602.31 billion in 2023 and is projected to grow at a compounded annual growth rate (CAGR) of 21.2% from 2024 to 2030. This rapid expansion is driven by a combination of factors that have made cloud computing an indispensable tool for businesses across various sectors. One of the key reasons for this growth is the increasing recognition by...

According to a newly published report by Grand View Research, Inc., the global cloud computing market is projected to reach a total market size of USD 2,390.18 billion by the year 2030. This anticipated expansion is expected to occur at a compound annual growth rate (CAGR) of 20.4% between 2025 and 2030. The industry is currently undergoing rapid growth, driven by multiple influential...

Digital Twin Industry Overview The global digital twin market was valued at USD 16.75 billion in 2023 and is projected to experience significant growth at a compound annual growth rate (CAGR) of 35.7% from 2024 to 2030. Digital twin technology is rapidly gaining momentum due to its ability to bridge the gap between the physical and virtual worlds, making it a key enabler for various industries....

The global crypto wallet market is projected to reach USD 48.27 billion by 2030, growing at a compound annual growth rate (CAGR) of 24.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Crypto wallets provide users with a secure way to store their private keys and facilitate cryptocurrency transactions. The rise in cryptocurrency usage for both personal and...

Identity And Access Management Industry Overview The global identity and access management (IAM) market was valued at USD 15.93 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 12.6% from 2023 to 2030. IAM ensures that individuals and job roles within an organization are granted appropriate access to the tools and resources needed to perform their...

The personal cloud storage market is a rapidly growing sector within the broader cloud computing industry. As businesses and consumers continue to generate vast amounts of data, the need for secure, scalable, and accessible storage solutions has risen significantly. Personal cloud storage provides individuals with the ability to store, access, and manage their data online, ensuring a...

Smart Cities Industry Overview The global smart cities market was valued at USD 748.7 billion in 2023 and is projected to grow at a robust compound annual growth rate (CAGR) of 25.8% from 2023 to 2030. This substantial growth is being driven by factors such as increasing urbanization, the pressing need for efficient resource management, heightened public safety concerns, and growing demand for...