Internet penetration rate and data generated yearly are some of the most prominent factors driving the growth of the cloud computing market because as the size of generated data increases the need for this data to be stored either in physical storage devices or in cloud storage also increases. Moreover, physical storage devices are easy to access but they are more expensive and less secure than...

According to a new report published by UnivDatos, the Cloud Computing Market is expected to grow at a CAGR of around 17% from 2021-2027, reaching around USD 1,000 billion by 2027. The analysis has been segmented Type (Private Cloud, Hybrid Cloud, Public Cloud); Service (SaaS, PaaS, IaaS); Industry (Banking and Financial Services, Information and Communication Technology, Government, Consumer...