COVID-19 Impact on Cloud Computing Market

AMAZON WEB SERVICES (AWS) (US) and Cisco (US) are Leading Players in the COVID-19 Impact on Cloud Computing Market

The impact of COVID-19 on the global cloud market size is expected to grow from USD 233 billion in 2019 to USD 295 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 12.5% during the forecast period. Enterprises’ need to support remote workforce to induce investment in IT infrastructure for hyperscalers, cloud service providers (CSPs), internet service providers (ISPs), and managed hosting providers is one of the major factors driving the market growth. The rise in demand for cloud-based business continuity tools and services and suitability of public cloud environments best suited for the current unprecedented scenario are other parameters driving growth.

The major vendors in the cloud market include AWS (US), Microsoft (US), Google (US), Alibaba (China), SAP (Germany), IBM (US), Oracle (US), VMware (US), Rackspace (US), Salesforce (US), Adobe (US), Verizon (US), CenturyLink (US), Fujitsu (Japan), NTT Communications (Japan), Cisco (US), Dell (US), Equinix (US), HPE (US), Inspur (China), Cyrusone (US), Digital Relty (US), Lenovo (Hong Kong), Tencent (China), SAP (US), Cloudbees (US), Servicenow (US), Mendix (US),  Engine Yard (US), ADP (US), Workday (US), Ringcentral (US), Mitel (Canada), 8x8 (US), Slack (US), Zoom (US), Docusign (US), Citrix (US), Okta (US), Nextiva (US), Intermedia (US), CrowdStrike (US), Carbonite (US), Cyberark (US), Infosys (India), Accenture (Ireland), Capgemini (France), TCS (India), AT&T (US), T-Mobile (US), Vodafone (United Kingdom). These players have adopted various growth strategies, such as partnerships and new service launches, to expand their presence further in the impact of COVID-19 on the Cloud market and broaden their customer base.

To know about the assumptions considered for the study download the pdf brochure

AMAZON WEB SERVICES (AWS) (US) is a major player in the global cloud market. The company provides cloud computing services to enterprises and SMEs across the globe. AWS offers AWS Diagnostic Development Initiative (DDI) to accelerate COVID-19 research, diagnostics, and testing. Additionally, the company has made COVID-19 data sets freely available to its customers for performing research. AWS has focused on reliable, scalable, and compute power, which can be delivered, along with industry-leading services such as analytics and machine learning, to its customers.

Cisco (US) is a major vendor in the global cloud market. The company provides Cisco Cloud and Cisco Webex products to cater to the demand for cloud services. Recently, the company has enhanced its free Webex accounts with additional features such as enabling users to host meetings with up to 100 participants for unlimited time and offering dial-in toll numbers to complement the existing Voice Over Internet Protocol (VoIP) capabilities of Webex. Cisco is proactively expanding worldwide, meeting capacity, scaling up further in the US and Europe. The company is working with non-governmental organizations to enable schools to function smoothly during the pandemic.

Related Reports:

COVID-19 Impact on Cloud Computing Market by Service Type (Infrastructure as a Service (IaaS), Platform as a Service (PaaS) and Software as a Service (SaaS)), Vertical and Region - Global Forecast to 2021

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
TC 7598
RI Published ON
4/27/2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the COVID-19 Impact on Cloud Computing Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved