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, software, analytics, and intelligence.
The storage of the data is done online and thus called as cloud computing. Through the online storage
of the data, faster innovation, flexible
resources, and economies of scale can easily be achieved.
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 data security has also expanded. Data
stored on cloud is at high risk of data theft due to certain notorious
entities. The government actively thrives for the internet security with the
online financial activities and growing businesses on the online platform,
thereby supporting the growth of the United Kingdom cloud computing market in
the future five years.
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. Based
on service model, the market is further segmented into infrastructure as a
service, platform as a service and software as a service. By deployment model,
the market is differentiated between public and private. Based on organization
size, the market is distinguished between large enterprises and small &
medium-sized enterprises. By vertical, the market is fragmented into BFSI, IT
& telecom, government, retail, manufacturing, energy & utilities, healthcare,
and others. The market analysis also studies the regional segmentation to
devise regional market segmentation, divided among London, East Anglia,
Southwest, Southeast, Scotland, East Midlands, and Yorkshire & Humberside.
Company Profile
Amazon Web Services, Microsoft
Corporation, IBM, Salesforce Inc., Google Inc., Oracle Corporation, SAP SE,
Alibaba Cloud, Fujitsu, Zoho Corporation, among others is a partial list of
major market players of the companies responsible for the growth of United
Kingdom cloud computing market.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, volume in units, and CAGR for 2017-2021
and 2022-2027
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Report coverage
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Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
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Segments covered
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·
Service Model
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Deployment Model
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Organization Size
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Vertical
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Regional scope
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London, East Anglia, Southwest, Southeast, Scotland, East
Midlands, and Yorkshire & Humberside
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Key companies profiled
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Amazon Web Services, Microsoft
Corporation, IBM, Salesforce Inc., Google Inc., Oracle Corporation, SAP SE, Alibaba
Cloud, Fujitsu, Zoho Corporation
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
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Report Scope:
In this report, United Kingdom cloud computing market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- United Kingdom Cloud Computing Market,
By Service Model:
- Infrastructure as a Service
- Platform as a Service
- Software as a Service
- United Kingdom Cloud Computing Market,
By Deployment Model:
- United Kingdom Cloud Computing Market,
By Organization Size:
- Large Enterprises
- Small & Medium-Sized
Enterprises
- United Kingdom Cloud Computing Market,
By Vertical:
- BFSI
- IT & Telecom
- Government
- Retail
- Manufacturing
- Energy & Utilities
- Healthcare
- Others
- United Kingdom Cloud computing Market,
By Region:
o London
o East Anglia
o Southwest
o Southeast
o Scotland
o East Midlands
o Yorkshire & Humberside
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom cloud computing market.
Available Customizations:
With the given market data, TechSci Research
offers customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
United Kingdom Cloud Computing Market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]