Report overview
The adoption of cloud-based services is increasing worldwide. Many large enterprises are already experiencing the benefits of using cloud-based technology for their business operations. The scenario is shifting toward SMEs because they can avoid investment on IT infrastructure and reduce operational costs by adopting cloud-based technology for their daily business operations. Cloud also improves performance, efficiency, and security of business operations as well as data. There are many vendors offering cloud-based solutions to SMEs as per their business requirements. A few SMEs have already adopted cloud-based technologies for their business continuity and development. Cloud is considered to be a suitable solution for all industry verticals because of features such as flexibility, automatic software upgrades, enhanced communication, and ease of collaboration between enterprise users. Moreover, SMEs are asked to pay only for the services utilized by them.
This report contains market size and forecasts of SME Cloud in Global, including the following market information:
Global SME Cloud Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global SME Cloud market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
SaaS Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of SME Cloud include IBM, HP, Google, Microsoft, Amazon, Dell EMC, Rackspace, Oracle and SAP, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the SME Cloud companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global SME Cloud Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global SME Cloud Market Segment Percentages, by Type, 2021 (%)
SaaS
IaaS
PaaS
Global SME Cloud Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global SME Cloud Market Segment Percentages, by Application, 2021 (%)
Small-Sized Enterprise
Medium-Sized Enterprise
Global SME Cloud Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global SME Cloud Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies SME Cloud revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies SME Cloud revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
HP
Google
Microsoft
Amazon
Dell EMC
Rackspace
Oracle
SAP
Huawei
Alibaba
Baidu
Fujitsu
Cisco Systems
Equinix
Netsuite
Broadcom
