Cloud Infrastructure Service Market

Apr 2020| VMR2668A| Verified Market Research

Report Highlights

Cloud Infrastructure Service Market Size And Forecast

Cloud Infrastructure Service Market was valued at USD 59.3 Billion in 2018 and is projected to reach USD 207.2 Billion by 2026, growing at a CAGR of 16.9% from 2019 to 2026.

Global Cloud Infrastructure Service Market Outlook

Owing to the availability of low costs, flexibility, scalability, and security are some major development factors responsible to boost the growth of the global cloud infrastructure services market. Moreover, government is increasing investments in digital transformation, increased awareness among enterprises about the benefits of cloud and its technologies, and business continuity requirements resulting in high demand for cloud storage, disaster recovery, and backup services are some other major factors that are expected to bolster the market growth. Nonetheless, stringent government regulations, limited bandwidth providers, and lack of access to high-speed internet might stagnate the market growth.

Global Cloud Infrastructure Service Market Competitive Landscape

The Global Cloud Infrastructure Service Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Google, IBM,
Microsoft, Oracle, AWS, Fujitsu, Alibaba Cloud, VMware, Rackspace, and Centurylink.

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