What is the market size of cloud computing?

What is the market size of cloud computing?

The global cloud computing market size is expected to grow from USD 445.3 billion in 2021 to USD 947.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period.

How big is the UK cloud market?

around 12 billion U.S. dollars
Revenue in the United Kingdom (UK) from public cloud services, which makes up most of the cloud computing market, amounted to around 12 billion U.S. dollars in 2020. This is a share of almost four percent of the global public cloud market.

Which company has the largest market share in cloud computing?

1st Leading Cloud Market Share- Amazon Web Services (AWS) And as per the reports by parkmycloud, AWS (Amazon Web Services) generated a revenue of $13.5 billion for Q1 2021. AWS revenue grew 32% in the quarter, accelerating from 28% growth in the fourth quarter.

Is cloud computing in demand 2021?

With half of all companies worldwide predicted to become cloud-dependent by 2021, gaining cloud computing skills could be well worth your time and efforts and could fetch you ample job opportunities with high paying salaries.

Who is bigger AWS or Azure?

Amazon’s AWS and Microsoft’s Azure are the big boys of the cloud computing world, even though AWS is much bigger than Azure. How much bigger? Well, AWS’s server capacity is about 6 times larger than the next 12 competitors combined.

What GCP means?

Google Cloud Platform
Cloud Computing. Google Cloud Platform (GCP)

Is AWS or Azure bigger?

As of April 2021, Canalys reports that the worldwide cloud market grew 35% this quarter to $41.8 billion. AWS has 32% of the market, followed by Azure at 19%, Google at 7%, Alibaba Cloud close behind.

How big is Google cloud?

5 GB of persistent disk storage. Pre-installed Cloud SDK and other tools. Language support for Java, Go, Python, Node.

How fast is SaaS growing?

Recent research finds that: The SaaS market is currently growing by 18% each year. By the end of 2021, 99% of organizations will be using one or more SaaS solutions. Nearly 78% of small businesses have already invested in SaaS options.