The latest report on the Cloud Discovery Market, projecting robust growth driven by the increasing adoption of cloud technologies, rising need for data security, and the complexity of multi-cloud environments. Valued at USD 1 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 16.2%, reaching USD 4.5 billion by 2033. This significant growth underscores the critical role of cloud discovery solutions in providing visibility and control over cloud assets across diverse industries.
Download Free PDF Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=8306
Market Outlook and Growth Projections
The global cloud discovery market is poised for substantial expansion from 2023 to 2033, fueled by the rapid shift to cloud-based infrastructures and the need for comprehensive asset management in complex IT environments. The market is expected to grow from USD 1 billion in 2023 to USD 4.5 billion by 2033, registering a CAGR of 16.2%. This growth is driven by the proliferation of multi-cloud and hybrid cloud strategies, with 85% of enterprises adopting multi-cloud environments by 2023 (Gartner), and increasing cybersecurity threats. The market offers an incremental dollar opportunity of USD 3.5 billion over the forecast period, presenting significant prospects for software providers, IT service vendors, and enterprises.
For more information, visit https://www.factmr.com/report/cloud-discovery-market
Comments
0 comment