The global cloud computing market size is projected to grow from $ 371.4 billion in 2020 to $ 832.1 billion in 2025, with compound annual growth rate (CAGR) of 17.5% in Forecast period.((1)
Cloud computing adoption is accelerating with a CAGR of 17.5% according to the statistics above.
The widespread interest in cloud computing comes from businesses and government agencies looking for more resilient, dynamic, and affordable IT systems. While the term “cloud” can denote a short-lived quality, the benefits of cloud computing or its benefits are very tangible.
Cloud computing refers to a style of computing in which services and software are provided virtually over a private or public network. The main focus of the cloud is to offer flexible resources cost-effectively to improve the user experience.
IT managers in many large companies have successfully implemented a cloud-first approach. Still, many businesses have failed or struggled to take full advantage of …