𝑨 𝑪𝒐𝒎𝒑𝒓𝒆𝒉𝒆𝒏𝒔𝒊𝒗𝒆 𝟭𝟒𝟏-𝑷𝒂𝒈𝒆𝘀 𝑷𝑫𝑭 𝑫𝒂𝒕𝒂 𝑮𝒖𝒊𝒅𝒆 𝒐𝒇 𝐂𝐥𝐨𝐮𝐝 𝐂𝐨𝐦𝐩𝐮𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

 

Cloud computing is a method of deploying computing within a networked environment, rather than on a dedicated computer. The service allows customers to access applications, infrastructure and data wherever they are needed and when they want them. A cloud-enabled application can be accessed via the Internet, via mobile devices or through other network services. In other words, a cloud-based solution is not necessarily distributed across multiple devices or servers, but instead spreads its use out over multiple locations that may be geographically distant from each other. According to projections,

The cloud computing market size for cloud computing would grow at a 18.53% CAGR from 2022 to 2030, reaching around USD 1738.44 billion. The growth of the cloud services market has led many organizations to reconsider their existing IT infrastructure and reorganize their business processes around the cloud. When companies turn to the cloud for their computing needs, they can scale their capacity on demand and save money when they don't need it.

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Cloud computing is the most disruptive innovation in enterprise IT as it delivers radically new levels of flexibility, scalability and responsiveness to enterprise business applications. Cloud computing will revolutionize the Cloud Computing Market by enabling enterprises to: - Reduce their costs by moving to a pay-per-use model - Accelerate their innovation by embracing software as a service (SaaS) technologies - Increase productivity.