Global cloud computing market to increase significantly by 2028

The global cloud computing market should read $791.5 billion in size by 2028.

Indeed, a recent study by Fortune Business Insights revealed that the period between 2021 and 2028 will experience a 17.9% compound annual growth rate. The government should then center its cloud solutions interest around the US, UK, China, and India and focus on implementing cutting-edge technologies, such as AI and machine learning.

North America should remain the dominant region in cloud computing, followed closely by the Asia Pacific region.

 

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