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Cloud Services Market Set to Soar: $2.5 Trillion by 2031

Cloud Services Market Set to Soar: $2.5 Trillion by 2031

Global, Thursday, 14 November 2024.
The cloud services market is projected to grow from $551.8 billion in 2021 to $2.5 trillion by 2031, with a CAGR of 16.6%. This explosive growth is driven by AI implementation, cost benefits in developing economies, and increased demand for secure, agile computing solutions across industries.