Cloud computing market to reach $1,251.09 billion by 2028

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The global cloud computing market size is expected to reach $1,251.09 billion by 2028, registering a CAGR of 19.1% over the forecast period, according to a study conducted by Grand View Research. This growth can be attributed to several factors, including digital transformation across various industries, a surge in internet penetration, and big data consumption in various verticals. Increasing adoption of 5G, IoT, and AI is expected to further support the growth of the market … More

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