Cloud Computing Market was valued at 292.2 billion and is expected to grow at a CAGR of 23.6 % by 20

Gmiresearch16 May, 2022Business

Cloud Computing market was estimated to be USD 292.2 Billion in 2020 and is expected to witness a high CAGR of 23.6% during the forecast period (2020-2028). It is due to the increasing use of intelligent devices and the internet coupled with the high consumption of big data. Covid-19 also positively impacts the market growth as most businesses, managers, and employees opt for remote working that fuels the cloud computing market size.