Report overview
Cloud computing solutions are IT solutions that are deployed in the ICT systems and eliminate the need to install in-house hardware and software. The cost of in-house IT solutions is relatively low compared to cloud-based solutions among most of the IT deployment models. Cloud computing solutions have been implemented in a majority of organizations, irrespective of the size of the business. Firms that have high IT budgets and are willing to spend more on flexible IT solutions have majorly invested in cloud computing solutions. However, some of the firms are still using on-premise solutions due to cloud security concerns and also due to resistance from in-house IT departments.
This report aims to provide a comprehensive presentation of the global market for Cloud Spending by SMBs, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Spending by SMBs. This report contains market size and forecasts of Cloud Spending by SMBs in global, including the following market information:
Global Cloud Spending by SMBs Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Cloud Spending by SMBs market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This market research analysis identifies the shift towards?service-oriented architecture?(SOA) as one of the primary factors impacting the growth of this market. SOA provides enterprises with IT frameworks to manage their IT infrastructure with greater flexibility and also to implement?cloud computing?solutions?in a much simpler way and lesser time. The increasing demand for innovative products and services will induce SMBs to prefer IT frameworks that enhance their marketing features. Also, with the provision of loosely coupled architecture and design applications and reusable computer codes,?SOA?models ensure that an application running in a cloud-based environment does not intersect with other multi-applications, which will lead to a rise in their adoption.
We surveyed the Cloud Spending by SMBs companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cloud Spending by SMBs Market, by Service Model, 2018-2023, 2024-2030 ($ millions)
Global Cloud Spending by SMBs Market Segment Percentages, by Service Model, 2022 (%)
SaaS
IaaS
PaaS
Global Cloud Spending by SMBs Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Cloud Spending by SMBs Market Segment Percentages, by Application, 2022 (%)
IT
Enterprise
Cloud-based Information Governance
Others
Global Cloud Spending by SMBs Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Cloud Spending by SMBs Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cloud Spending by SMBs revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Cloud Spending by SMBs revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
AWS
Google
IBM
Microsoft
AT&T
Birst
Broadcom
Canto
HPE
RackSpace
Salesforce
SAP
ServiceNow
VMware
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cloud Spending by SMBs, market overview.
Chapter 2: Global Cloud Spending by SMBs market size in revenue.
Chapter 3: Detailed analysis of Cloud Spending by SMBs company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by service model, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cloud Spending by SMBs in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
