Cloud Computing Market Reached USD 288 Million in 2020 Growing at CAGR of 19.6%
The cloud computing market size was valued at USD 288 million in 2020 and is predicted to grow at 19.6% during the forecast period (2020-2027) due to the accelerating penetration of the internet and smart devices. Cloud computing provides easy deployment, lower ownership cost, data security, cost efficiency, data storage, and scalability.

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