Increasing adoption of cloud solutions for high scalability and flexibility is attributing to the growth of the market. Cloud computing has been driving the transformation of modern workplaces in all major industry verticals such as BFSI, IT & telecom, retail, and healthcare by enhancing security and delivering high scalability & flexibility and thus accelerating the development of innovative solutions and services for enhanced end user experience. Cloud based solutions are relevant for all types of business environments ranging from on-premise, hybrid, or cloud. In addition to this, cloud-based solutions also facilitate easy scalability, lower operating costs, high operational flexibility, faster visibility, and updates to enterprises while reducing costs and operational risks. The continuously evolving cloud architectures and integration of advanced features in cloud solutions are further fueling the adoption of these solutions in diverse end user industries.