New York, New York, April 7, 2021 (GLOBE NEWSWIRE) – According to the research report by Facts and Factors, the size and share of the global cloud computing market was estimated at and is expected to be USD 321 billion in 2019 reached a record $ 1,025.9 billion by 2026. The globe Cloud computing market is expected to grow at a Average Annual Growth Rate (CAGR) of 18% from 2019 to 2026.
Cloud computing is a model for the provision of information technology services in which third-party computer resources and software tools are offered over the Internet network. Cloud computing offers various advantages over the on-site hardware infrastructure, e.g. B. Fast installation, scalability, low costs, mobile support and less network maintenance.
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