Security News > 2022 > February > Cloud computing market to reach $287.03B by 2025

The cloud computing market value is set to grow by $287.03 billion from 2020 to 2025, as per the latest report by Technavio.

YoY growth: 20.37%. Performing market contribution: North America at 40%. Key consumer countries: US, Germany, China, Japan, and UK. Regional cloud computing market analysis.

The rising adoption of cloud solutions from various end-user industries will facilitate the cloud computing market growth in North America over the forecast period.

Key market drivers Increased inclination towards cloud computing for cost-cutting.

The above-mentioned factors are increasing revenue generation for vendors, contributing to the growth of the cloud computing market size.

The increased inclination toward cloud computing for cost-cutting is one of the significant factors driving the market growth.

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https://www.helpnetsecurity.com/2022/02/03/cloud-computing-market-2025/