The global Cloud Discovery Market is quite competitive and comprise various key players operating at regional and global level, according to a recent report published by Reports and Data (RND). The global Cloud Discovery Market is forecasted to grow at a rate of 15.70% from USD 3,378.3 Million in 2020 to USD 3,378.3 Million in 2028.Rising risks of data leakage and data security, high adoption of cloud based services and Internet of Things (IoT) and rising demand for wireless networks and ICT applications across agriculture, healthcare, and FSBI sectors are fuelling global market revenue growth. In addition, increasing investments in research and development activities and rising focus on developing advanced products are other factors supporting global market revenue growth.
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Based on application type, the application 1 is expected to account for robust revenue growth over the forecast period owing to increasing number of threats and cybersecurity in healthcare sector and rising application of ICT.
Geographically, the global Cloud Discovery Market in North America is expected to account for largest revenue share over the forecast period. Factors such as increasing investments in research and development activities, rising adoption of smart devices, laptops, presence of dominant market players, rising risks of data leakage and security, high adoption of cloud services are key factors fueling growth of Cloud Discovery Market in North America.
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Regional Outlook (Revenue, USD Billion; 2018-2028)
- North America
- Rest of the Europe
- Rest of Asia-Pacific
Component Outlook (Revenue, USD Billion; 2018-2028)
Organization(Revenue, USD Billion; 2018-2028)
- Large Enterprises
- Small and Medium-Sized Enterprises
Industry Vertical Outlook (Revenue, USD Billion; 2018-2028)
- Banking, Financial Services, and Insurance
- Telecommunications and IT
- Government and Public sector
- Healthcare and Life Sciences
- Retail and Consumer Goods
- Media and Entertainment
- Transportation and Logistics
Key questions addressed in the Report:
- Which key factors are expected to hamper global market growth during the forecast period?
- Which application segment revenue is expected to expand at a rapid CAGR between 2021 and 2028?
- Which regional segment is expected to account for largest revenue share over the forecast period?
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