Product overview

Cloud Computing is the use of hardware and software to deliver a service over a network to process, store, and manage data. It is a common storage space in which all data can be accessed simultaneously. An example is Google's Gmail. Cloud computing is used in games software and other software used by offices and institutions. During the COVID-19 pandemic, the cloud computing market is on the rise as it improves the ability of enterprises to examine important data to ensure improved responses. It also increases the efficiency of online marketing, web designing, editing, engineering, and back-office work. The lockdown in several countries has impacted the cloud market as employees are working remotely with companies using robust two-way tools in order to run operations smoothly which has assured the stability of web-based platforms and services.

Market Highlights

In 2019, the impact of COVID-19 on the cloud computing market grew at USD 233 billion and is predicted to grow at a CAGR of 19.4% during the forecast period. Major factors affecting the growth of this market include the offices and enterprises investing in IT infrastructure for cloud service providers, internet service providers, and managed to host providers. The rise in demand for cloud-based services and suitability of the public cloud environment is best suited for the current pandemic scenario. Organizations have improved the level of innovation and with the outbreak of COVID-19 a majority of operations have been compromised; as a result, many organizations have to function in a non-optimized manner.

Source: Fatpos Global

Recent Highlights on Cloud Computing Market

In May 2019, Amazon Web Services (AWS) partnered with VMware in India which will deliver a digital foundation to support its customers.

As per Technavio, the introduction of blockchain in cloud computing will have a positive impact on the market and contribute to its growth significantly over the forecast period.

Cloud Computing Market: Segments

The cloud computing market can be categorized into segments by technology, by deployment model, by vertical and by region.

By Technology it can be divided into software as a service (SaaS), infrastructure as a service (IaaS) and platform as a service (PaaS). The SaaS segment is expected to grow the highest CAGR during the forecasted period. It will be impacted by verticals, such as transportation, manufacturing, and logistics.

Based on the deployment model, the market for cloud computing has been segmented into private, public, and hybrid clouds. The public cloud segment is expected to register a CAGR of 20% by 2030.

By Vertical it can be further divided into banking financial services and insurance, healthcare, and life sciences, IT and ITeS, retail and consumer goods, telecom, energy and utilities, government and public sector, and manufacturing. The retail segment is to show the highest growth during the forecasted period. Retailers are upgrading their IT infrastructure to take advantage of the collaborated workforce in order to increase the overall productivity. They are moving towards commercial websites as online shopping is gaining attraction during the pandemic.

By the organization's size, the cloud computing market has been divided into large enterprises, small and medium-sized enterprises. The large enterprise segment is to register a CAGR of 19% by 2030.

The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.

Cloud Computing Market: Drivers

E-commerce and increased productivity to increase market growth

Cloud computing has become essential due to the covid-19 pandemic, from games to office software. E-commerce is gaining popularity amidst the coronavirus lockdown as food selling and other essential supplies delivery is moving online. The online retailers are using cloud hosting solutions that do not disrupt the business. This market is on a rise during the pandemic as it improves the ability of the enterprises to examine appropriate data and ensure an improved response. Cloud computing also provides improvements in productivity for works that are not ideal with telecommuting. Skype, ClickMeeting, Slack are also relying on this market which is a major driver in the growth of the sector.

High expectations of consumers decrease the market growth

The major restraints in the internet of things market are meeting the expectations of the customer in terms of process optimization, keeping the IoT hardware updated, easing security concerns due to various connected networks, connectivity issues, waiting for government regulations.

Cloud Computing Market: Regions

The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.

In the global market for cloud computing, the UK holds the first place followed by Germany and France. The increasing investments made by the service providers for increasing their presence in that region and fulfilling the requirements of customers is the reason for the growth of the market amidst covid-19. North America holds the largest market size in cloud computing among all the other regions. Factors boosting growth include the rising focus of enterprises on flexible options with better internet connectivity. The presence of key players such as Cisco Systems Inc., Google Microsoft Corporation, IBM Corporation, and others also add to the market strength in the region. In the APAC region through technology spending is increased, the setback of the covid-19 is immense and thus the cloud adoption is forecasted to increase work from home initiatives.

Source: Fatpos Global

The Cloud Computing Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities-o-Y Growth, CAGR – the United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Cloud Computing Market: Key players

Microsoft

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Google

IBM

SAP

Cloudbees

Capgemini

T-mobile

Vodafone

Nextiva

Tencent

The Cloud Computing Market report also contains analysis on:

Cloud Computing Market segments:-

By technology :

software as a service (SaaS)

infrastructure as a service (IaaS)

platform as a service (PaaS)

By deployment :

Private

public

hybrid cloud

By vertical :

banking financial services and insurance

healthcare and life sciences

IT and ITeS

retail and consumer goods

telecom

energy and utilities

government and public sector

manufacturing

By organization size

large enterprises

small enterprises

medium-sized enterprises

Cloud Computing Market dynamics

Cloud Computing Market size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

FAQs on Cloud Computing Market

Which segment is anticipated to hold the largest market share

At what CAGR is the market anticipated to grow between 2020 and 2030

Who are the key players in the Cloud Computing Market

What could be the challenging factors for the growth of the Cloud Computing Market

What are the growth drivers for the Cloud Computing Market

Contents

1. Executive Summary

2. Cloud Computing Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Market Dynamics

5.1. Growth Drivers

5.2. Restraints

5.3. Opportunity

5.4. Trends

6. Correlation & Regression Analysis

6.1. Correlation Matrix

6.2. Regression Matrix

7. Recent Development, Policies & Regulatory Landscape

8. Risk Analysis

8.1. Demand Risk Analysis

8.2. Supply Risk Analysis

9. Cloud Computing Market Analysis

9.1. Porters Five Forces

9.1.1. Threat of New Entrants

9.1.2. Bargaining Power of Suppliers

9.1.3. Threat of Substitutes

9.1.4. Rivalry

9.2. PEST Analysis

9.2.1. Political

9.2.2. Economic

9.2.3. Social

9.2.4. Technological

10. Cloud Computing Market

10.1. Market Size & forecast, 2019A-2030F

10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11. Cloud Computing Market: Market Segmentation

11.1. By Regions

11.1.1. North America:(U.S. and Canada)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2. By Deployment: Market Share (2020-2030F)

11.2.1. Private, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.2. Public, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.3. Hybrid cloud, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3. By Technology : Market Share (2020-2030F)

11.3.1. Software as a service (SaaS), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.2. Infrastructure as a service (IaaS), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.3. Platform as a service (PaaS), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.4. By Vertical : Market Share (2020-2030F)

11.4.1. Banking financial services and insurance, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.4.2. Healthcare and life sciences, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.4.3. IT and ITeS, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.4.4. Retail and consumer goods, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.4.5. Telecom, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.4.6. Energy and utilities, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.4.7. Government and public sector, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.4.8. Manufacturing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.5. By Organization size : Market Share (2020-2030F)

11.5.1. Small and medium enterprises, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.5.2. Large enterprises, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Company Profile

12.1. Microsoft

12.1.1. Company Overview

12.1.2. Company Total Revenue (Financials)

12.1.3. Market Potential

12.1.4. Global Presence

12.1.5. Key Performance Indicators

12.1.6. SWOT Analysis

12.1.7. Product Launch

12.2. Google

12.3. IBM

12.4. SAP

12.5. Cloudbees

12.6. Capgemini

12.7. T-mobile

12.8. Vodafone

12.9. Nextiva

12.10. Tencent

13. Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)