United Kingdom cloud computing market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027. The market growth can be attributed to expanding cloud computing services in demand in the country. Incorporation of artificial intelligence (AI) and the machine learning that enables the growth of the industries as well as the economy of the country further drives the growth of the United Kingdom cloud computing market in the upcoming five years. Multiple businesses and corporates adopted the use of cloud computing during the pandemic years that is further expected to aid the growth of the United Kingdom cloud computing market in the next five years. Further encouragement and investments in the development of the IT infrastructure also influences the growth of the United Kingdom cloud computing market in the future five years.
Cloud computing is a process of using network of remote servers hosted on the internet to store, manage, and process data, rather than a local server or a personal computer. In simpler terms, the process of cloud computing is the delivery of computing services through server storage, databases, networking,
Increasing Internet Penetration Drives Market Growth
Growing usage of internet and its adoption in various internet of things is actively driving the growth of the United Kingdom cloud computing market in the upcoming five years. With the use of internet, the demand for the
The United Kingdom accounts for 16.8% of the European cloud computing industry. With consumers highly inclined toward the usage of smart phones, smart devices with the incorporation of the artificial intelligence and internet of things, would also manifest the growth of the United Kingdom cloud computing market in the next five years.
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Market Segmentation
The United Kingdom cloud computing market is segmented by service model, deployment model, organization size, vertical, competitional landscape, and regional distribution.
Company Profile
Amazon Web Services, Microsoft Corporation, IBM, Salesforce Inc., Google Inc., Oracle Corporation, SAP SE, Alibaba Cloud, Fujitsu, Zoho Corporation
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, volume in units, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Service Model · Deployment Model · Organization Size · Vertical |
| Regional scope | London, East Anglia, Southwest, Southeast, Scotland, East Midlands, and Yorkshire & Humberside |
| Key companies profiled | Amazon Web Services, Microsoft Corporation, IBM, Salesforce Inc., Google Inc., Oracle Corporation, SAP SE, Alibaba Cloud, Fujitsu, Zoho Corporation |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
