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...

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...