According to gardenerthe global cloud computing market will continue to grow at an annual rate of 17.5% over the next ten years. Given its current size of $ 397 billion, that means it will be more than a trillion dollar industry in the next 5 years.
For investors, this type of growth and scale means there are many different investment opportunities:
- The big companies that build the cloud infrastructure layer.
- Companies that build more targeted, software-based services on these platforms and infrastructures.
This type of growth offers investors numerous opportunities for cloud computing. This report provides a comprehensive look at the industry, examines some of the most promising niches, and then provides a glimpse into some of the most intriguing stocks in the sector: Google (TogetL), Microsoft (MSFT), …