The cloud computing mark

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Cloud Computing Market Worth 1,402.7 Billion by
2032
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Global Cloud Computing Market 2025-2032
Meticulous Researcha leading global market
research company, published a research report
titled, Cloud Computing Market by Service Model
(Infrastructure as a Service, Platform as a
Service, and Software as a Service), Deployment
Mode, Organization Size, End User (BFSI, Retail,
and Healthcare), and Geography - Global Forecast
to 2032. According to this latest publication
from Meticulous Research, the global cloud
computing market is projected to reach 1,402.7
billion by 2032, at a CAGR of 16.8 from 2025 to
2032. The growth of this market is driven by the
increasing adoption of cloud computing services,
personalized customer experience, rising demand
for AI, and increasing adoption of technologies
such as ML and IoT. However, data security
privacy concerns may restrain the markets
growth. The rising government initiatives and
consistently rising adoption of cloud computing
solutions among businesses are expected to offer
significant growth opportunities for the cloud
computing market. Furthermore, the complexity
related to the adoption of the multi-cloud model
is expected to pose challenges to the growth of
the cloud computing market. The latest global
cloud computing market trends are the rise in
cloud gaming and serverless computing. The
global cloud computing market is segmented by
service model (infrastructure as a service,
platform as a service, and software as a
service), deployment mode (public cloud, private
cloud, and hybrid cloud), organization size
(large enterprises, small medium enterprises),
end user (BFSI, healthcare, IT and telecom,
government public sector, retail,
manufacturing, energy utilities, media
entertainment, and other end users). The study
also evaluates industry competitors and analyzes
the market at the regional and country
levels. Based on service model, the global cloud
computing market is segmented into infrastructure
as a service, platform as a service, and software
as a service. In 2022, the software as a service
segment accounted for the largest share of the
global cloud computing market. The large market
share of this segment is attributed to the rising
adoption of cloud computing services, increasing
preferences for SaaS delivery models, and growing
demand for AI. In addition, the benefits offered
by software as a service, such as flexible costs,
easy maintenance, and easy deployment, further
augment the growth of this segment. Also, this
segment is projected to register the highest CAGR
during the forecast period. Based on deployment
mode, the global cloud computing market is
segmented into public cloud, private cloud, and
hybrid cloud. In 2022, the public cloud segment
accounted for the largest share of the global
cloud computing market. The rising work-from-home
culture and growing reliance on public cloud
services among SMEs for effective management are
expected to drive the growth of this segment.
However, the hybrid cloud segment is projected to
register the highest CAGR during the forecast
period. Hybrid cloud solutions help businesses by
providing agility, IT optimization, and scope for
innovation with changing business demands. Based
on organization size the global cloud computing
market is segmented into large enterprises and
small medium enterprises. In 2022, the large
enterprise segment accounted for the larger share
of the global cloud computing market. The large
market share of this segment is attributed to the
high spending capabilities of large enterprises
resulting in the increased adoption of cloud
computing models and the availability of skilled
IT personnel for the management of cloud
platforms. Furthermore, large enterprises focus
on desired cloud computing channels to retain
customers, boost sales, and validate necessary
steps to overcome market interruptions. However,
the small medium enterprises segment is slated
to register the higher CAGR during the forecast
period. Based on end user, the global cloud
computing market is segmented into BFSI,
healthcare, IT and telecom, government public
sector, retail, manufacturing, energy
utilities, media entertainment, and other end
users. In 2022, the BFSI segment accounted for
the largest share of the global cloud computing
market. The large market share of this segment is
attributed to the rising penetration of mobile
devices, growing adoption of public cloud in the
BFSI sector, increase in the reliability of
enterprises on
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Global Cloud Computing Market 2025-2032

• web-based solutions, and a growing number of
  fin-tech start-ups demanding cloud-based
  solutions. However, the healthcare sector is
  slated to register the higher CAGR during the
  forecast period.
• Based on geography, the global cloud computing
  market is segmented into North America, Europe,
  Asia- Pacific, Latin America, and the Middle East
  Africa. In 2022, North America accounted for
  the largest share of the global cloud computing
  market. North Americas major market share is
  attributed to the presence of prominent cloud
  computing companies such as Microsoft Corporation
  (U.S.), IBM Corporation (U.S.), and Oracle
  Corporation (U.S.). In addition, the high
  adoption rate of cloud computing solutions to
  enhance IT infrastructure and leverage the
  benefits of new technologies, such as AI,
  contributes to the growth of this regional
  market.
• However, Asia-Pacific is projected to record the
  fastest growth rate during the forecast period.
  The high market growth in Asia-Pacific is driven
  by the rapid growth rate of developing economies,
  rapidly developing data centers, and the growing
  awareness about the importance of cloud computing
  among small medium-sized organizations.
• Key Players
• The key players operating in the global cloud
  computing market are Microsoft Corporation
  (U.S.), IBM Corporation (U.S.), Oracle
  Corporation (U.S.), Amazon Web Services, Inc.
  (U.S.), SAP SE (Germany), Google LLC (U.S.),
  Salesforce, Inc. (U.S.), Workday, Inc. (U.S.),
  Alibaba Group Holding Limited (China), VMware,
  Inc. (U.S.), DXC Technology (U.S.), Nutanix, Inc.
  (U.S.), Cisco Systems, Inc. (U.S.), ZYMR,
  INC. (U.S.), and SAS Institute, Inc. (U.S.).
• Download Free Research PDF _at_
  https//www.meticulousresearch.com/download-sample
  - report/cp_id5416
• Key questions answered in the report
• Which are the high-growth market segments in
  terms of service model, deployment mode,
  organization size, and end user?
• What is the historical market size for cloud
  computing across the globe?
• What are the market forecasts and estimates for
  20252032?
• What are the major drivers, restraints,
  opportunities, challenges, and trends in the
  global cloud computing market?
• Who are the major players in the global cloud
  computing market, and what are their market
  shares?
• How is the competitive landscape?

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Global Cloud Computing Market 2025-2032
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