Sign Up
Stories
Cloud Technology's Growth Trajectory
Share
Insurance Companies Expand Partnerships ...
Security and Business Model Innovations
Tech Innovations Empowering Business Gro...
AI and Cybersecurity: A Growing Partners...
Absolute Security Showcases Cyber Resili...
Acronis and Covenant Partner with Timber...
Overview
API
The global cloud technology sector shows significant growth projections, with Cloud Mobile Backend as a Service (BaaS) market set to reach $9.4 billion by 2028 and the Cloud Systems Management market expected to grow to $31.4 billion by 2025. Key drivers include smartphone adoption, new app introductions, and backend process optimization in the BaaS market, while cloud adoption, AIOps technology, and IT infrastructure investments propel the systems management market. Concerns around data privacy and security pose challenges in both sectors.
Ask a question
How are cloud service providers addressing data security concerns to foster market growth?
In what ways might the increasing demand for cloud services impact traditional IT infrastructures and businesses?
What innovations in AIOps technology are expected to shape the future of cloud systems management?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Oct 2023
Mar 2025
Aug 2026
Jan 2028
Coverage
kbvre
marke
thebu