According to a research and market report « Cloud Services Market by Service Type, Cloud Type, Enterprise Size and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2027 », the cloud service is valued at $264.8 billion in 2019 and is expected to increase to $927.51 billion by 2027. Certainly, businesses big and small are increasingly becoming aware of the importance of SaaS software development or cloud solutions in bestowing speed and accuracy to their operations. But more than everything, the key driver of the sector is the cost it saves, amounting to approximately 35% of the total expenses of businesses.
The Reason Behind the Growing Cloud Computing Trend
