LONDON, May 13, 2022 (GLOBE NEWSWIRE) — The Global Cloud computing market size was estimated at $380.25 billion in 2021. The global cloud computing market is expected to witness significant growth in the near future.

Some sales insights that show the strong growth of the cloud computing market over the past few years are listed below:

  • The global cloud computing market value is expected to reach US$1,614.1 billion by 2030
  • Once deployed, the private segment accounted for 46% of revenue in 2021
  • After services, the Software as a Service (SaaS) segment accounted for around 55% of revenue in 2021
  • By end users, BFSI was the leading segment with 25% of the global cloud computing market share in 2021
  • In terms of region, North America led the global cloud computing market with 40% of revenue in 2021

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