Allied Market Report offers a detailed segmentation of the global market based on industry vertical, component, type, deployment model, enterprise size, application, & region WILMINGTON, DE, UNITED STATES, March 5, 2025 / EINPresswire.com / — The cloud services market is experiencing growth due to various factors, such as increasing acceptance of cloud platform services, surge in adoption of cloud among SMEs, and rise in cloud services adoption in developing regions. By deployment model, the public cloud segment accounted for the highest share in 2021. The Asia-Pacific region is expected to see the fastest growth in the market, with a high CAGR projected by 2031. The global cloud services market generated $551.8 billion in 2021, and is estimated to reach $2.5 trillion by 2031, witnessing a CAGR of 16.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market. The report provides an analysis of each segment and sub-segment with the […]