Photo 25327728 © Francesco Alessi | Dreamstime.com
Dreamstime M 25327728

Is Your Head in the Cloud?

Oct. 13, 2022

New research by The Insight Partners proves the world has embraced cloud computing in a big way. With a forecasted market size worth $1,465.81 billion by 2028, it translates to 23.9% CAGR.

Finally, most organizations worldwide now accept cloud services as a viable IT deployment model. The most popular rationale for cloud adoption continues to be the cost optimization, flexibility and data security of the cloud as a delivery platform. Many businesses have migrated to one or more cloud services, influencing others to use the cloud to gain a competitive advantage.

The APAC is the fastest-growing regional market in the global Cloud Computing market in 2022. The US, UK, India, South Africa, and Brazil are the countries also registering a high growth rate during the forecast period.

Source: https://www.theinsightpartners.com/pr/cloud-computing-market 

About the Author

ISE Staff