Cloud Infrastructure Market Worth 209.66 Billion USD by 2022, at a CAGR of 12.9%
The cloud infrastructure market is expected to be valued at USD 209.66 Billion by 2022, growing at a CAGR of 12.9% between 2016 and 2022. The growth of this market can be attributed to the increasing ICT spending and trend of big data and analytics; rising demand from organizations for agile, scalable, and cost-effective computing; increasing number of digital services and their applications; and high penetration of hybrid cloud.
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