ID: MRFR/ICT/0507-CR | February 2020 | Region: Global | 141 pages
COVID-19 Impact on Cloud Computing Market
PUBLIC CLOUD COMPUTING MARKET 2016-2020
Cloud computing has become quite essential in the modern era, from games to software used by institutes and offices. E-commerce is gaining a lot of popularity amidst the lockdown for selling food and other essential supplies. The online retailers are witnessing an upsurge in transactions as they are using cloud hosting solutions that are scalable and do not disrupt the business. Cloud computing is on the rise during the pandemic because it improves the enterprises’ ability to examine relevant data in order to ensure an improved response. Also, cloud computing provides considerable productivity improvements for the kinds of work that are not ideal with telecommuting. Cloud computing increases the efficiency of operations like online marketing, back-office work, editing, web design, engineering, and other jobs that are done remotely. Also, TeamViewer, ClickMeeting, Skype, and Slack are increasingly relying on the cloud for uninterrupted and hassle-free operations.
The lockdown has strongly impacted the cloud market due to employees working remotely, and the companies are utilizing robust collaborative tools in order to run the operations smoothly. During such times, when having essentials like food, groceries, and medicines is of the utmost importance, cloud computing has come to the rescue as it supports telemedicine. Access to doctors and other health professionals remotely has become increasingly essential.
The need for cloud computing has become more apparent in this outbreak, especially since the national lockdown. Businesses cannot carry out activities without cloud solutions, and the integration of such solutions has assured the stability of web-based platforms and services.
IMPACT OF CLOUD COMPUTING IN COMING YEARS