DUBLIN, July 20, 2022 /PRNewswire/ — The “Cloud Enabling Technologies Market Size, Share, Trends, By Deployment Mode, By Technology, By Application, By Solution Type, By Service Type, and By Region Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.
The global cloud-enabling technologies market size is expected to reach USD 63.63 Billion in 2030 and register a revenue CAGR of 8.3% over the forecast period, according to the latest report. The cloud-enabling technologies market is expected to grow owing to the rising need for efficient utilization of data center resources and enhanced operational capabilities. Additionally, the increasing adoption of cloud services among small and medium enterprises (SMEs) is anticipated to fuel market growth over the forecast period.
The cloud enabling technologies market comprises various software tools and platforms that enable an enterprise to develop, deploy, and manage its applications on the cloud. Cloud enabling technologies help enterprises in reducing their IT infrastructure cost and improving their operational efficiency.
Rising demand for cloud-based services and applications and the need for reducing operational costs are the major factors driving the growth of the cloud enabling technologies market. Majority of cloud solution providers are still in the