Cloud Enabling Technologies Has Played A Crucial Role By Providing Efficient Services & Has Helped Countries Curb Infection.
Rising demand for cloud-based services in various industry cverticals is driving cloud-enabling technologies market revenue growth
The global cloud-enabling technologies market size is expected to reach USD 63.63 Billion in 2030 and register a revenue CAGR of 8.3% over the forecast period, according to the latest report by Reports and Data. Rising demand for cloud-based services in various industry verticals due to benefits offered by these technologies such as low maintenance and operational costs is driving market revenue growth. Majority of cloud solution providers offer solutions at low monthly fees. Cloud-based solution is an ideal option to eliminate third-party hardware repair cost to the companies, especially the companies that do not have adequate workforce to accommodate IT department.
Various features of cloud services including scalability, reduced IT cost, and access to automatic practice is expected to drive adoption of these technologies globally during the forecast period. Using cloud-enabling technologies vacates storage space and this helps businesses to scale up or scale down their operations according to requirement without any storage issues. Deployment of cloud can reduce maintaining and managing cost of IT systems, therefore, reducing overall operating costs. Cloud-based systems can automatically be upgraded to latest technology and provide flexibility to employees by allowing them to access data from anywhere.
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Some Key Highlights From the Report
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For the purpose of this report, Reports and Data has segmented the cloud-enabling technologies market based on deployment mode, technology, application, solution type, service type, and region:
Deployment Mode Outlook (Revenue, USD Billion; 2019–2030)
Technology Outlook (Revenue, USD Billion; 2019–2030)
Application Outlook (Revenue, USD Billion; 2019–2030)
Solution Type Outlook (Revenue, USD Billion; 2019–2030)
Service Type Outlook (Revenue, USD Billion; 2019–2030)
Regional Outlook (Revenue, USD Billion; 2019–2030)
Key Advantages of Cloud Enabling Technologies Report:
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