Globally, cloud computing is a highly mature and steadily growing market.
Globally, cloud computing is a highly mature and steadily growing market. It was valued at $321 billionOpens a new window in 2019 (including all cloud types and service models) and is expected to reach $1025.9 billion in seven years. 2021 is a landmark year for cloud computing due to the accelerated pace of adoption in response to the COVID-19 pandemic. This has fueled new trends, focus areas, and opportunities.