Unlocking the Future of Technology: The Cloud Computing Revolution
Cloud Computing Industry Overview The global cloud computing market size is estimated to reach USD 2,390.18 billion by 2030, growing at a CAGR of 21.2% from 2024 to 2030, according to the recent reports of Grand View Research, Inc. The market is experiencing significant growth fueled by several key factors. Firstly, the rising adoption of cloud-native applications across diverse sectors like banking and supply chain automation is driving demand. These applications offer businesses a faster and more efficient way to develop, manage, and roll out web services. For instance, in June 2023, First Abu Dhabi Bank (FAB) partnered with IBM to migrate its applications to the cloud. This move will enable FAB to optimize its technology infrastructure and deliver a seamless digital experience for its customers. Cloud adoption empowers businesses with greater agility and scalability, allowing them to adapt more effectively to changing market demands and customer needs. ...