Description
The global cloud computing market size was estimated at USD 368.97 billion by 2021 and is expected to grow at a combined annual growth rate (CAGR) of 15.7% from 2022 to 2030. Introduction of emerging technologies such as Artificial Intelligence (AI) and machinery. learning allows cloud growth by empowering companies to enter AI capabilities. The COVID-19 epidemic has been identified as a major challenge to the global economy. Cloud computing can support businesses to survive the challenges of business continuity presented as a result of closures, homework, social isolation, and other market-related directives. However, as businesses, managers, and employees continue to choose to work remotely as a result of the epidemic, remoteness has become a relatively recent phenomenon and is expected to continue over time.
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