Global Cloud Infrastructure Services market cagr 11.9%

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Cloud Infrastructure Services Market

Cloud Infrastructure Services Market Size and Growth

The Cloud Infrastructure Services market is experiencing robust growth, driven by increasing demand for scalable and flexible IT solutions. In 2023, the market size is projected to reach approximately $90 billion, fueled by trends in digital transformation and remote work, with major investments in hybrid and multicloud environments.

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Companies Covered

(Covid 19 Impact Covered)

◍ Cisco Systems, Inc.

◍ Equinix, Inc.

◍ Google Inc.

◍ International Business Machines Corporation

◍ Salesforce.Com

◍ AT&T, Inc.

◍ Amazon Web Services, Inc.

◍ Computer Sciences Corporation

◍ Hewlett-Packard Company

◍ Rackspace Hosting, Inc.

The cloud infrastructure services market features major players like Amazon Web Services, Google, IBM, and Cisco. These companies enhance market growth by providing scalable solutions, robust services, and innovative technologies. For example, AWS reported $80 billion in revenue, while IBM and Salesforce also show strong cloud performance, driving industry expansion.

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Market Segmentation

By Application

◍ Platform as a Service (PaaS)

◍ Infrastructure as a Service (IaaS)

◍ Content Delivery Network (CDN)/

Application Delivery Network (ADN)

◍ Managed Hosting

◍ Colocation Services

By Product

◍ Public Cloud

Private Cloud

Hybrid Cloud

Market Growth

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$ X Billion USD

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