Global Cloud Computing Services Industry

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Global Cloud Computing Services Market to Reach $937. 5 Billion by 2027. Amid the COVID-19 crisis, the global market for Cloud Computing Services estimated at US$313. 1 Billion in the year 2020, is projected to reach a revised size of US$937.New York, Sept. 09, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Cloud Computing Services Industry” – https://www.reportlinker.com/p0197184/?utm_source=GNW 5 Billion by 2027, growing at a CAGR of 17% over the analysis period 2020-2027. Infrastructure as a Service, one of the segments analyzed in the report, is projected to record a 18.4% CAGR and reach US$449.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Platform as a Service segment is readjusted to a revised 16.2% CAGR for the next 7-year period. The U.S. Market is Estimated at $84.2 Billion, While China is Forecast to Grow at 22.2% CAGR The Cloud Computing Services market in the U.S. is estimated at US$84.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$222.5 Billion by the year 2027 trailing a CAGR of 22.1% over the …

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