MarketsandMarkets cited in Forbes article on Cloud Computing
Forbes recently mentioned MarketsandMarkets in their recent article on Aiven building fast-growing open-source managed cloud services subscription business.
Cloud computing, open-source software, and SaaS (software-as-a-service) are the three major technology megatrends. Aiven, the Helsinki, Finland-based company helps businesses manage their open-source data infrastructure in the cloud. Its cloud-native solutions allow businesses to focus on delivering customer value while they take care of their data infrastructure. The cloud technology adoption is expected to increase in sectors where the work from home initiative is helping to sustain enterprise business functions. According to a study by MarketsandMarkets, the global cloud computing market is expected to be valued at USD 832.1 billion by 2025, growing at a CAGR of 17.5% from 2020 to 2025.
Cloud Computing Market by Service Model (Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS)), Deployment Model (Public and Private), Organization Size, Vertical, and Region - Global Forecast to 2025
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