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In the last few years, cloud computing has gained immense popularity and is being adopted by diverse industrial sectors across the globe. Cloud computing talks about the services, solutions, and application of different technologies that are related to the cloud deployment. In addition, the rising awareness among consumers regarding the advantages of using cloud computing is estimated to supplement the market’s growth in the near future. The expansion of the application base and the tremendously rising demand are estimated to encourage the growth of the cloud computing industry across the globe. As a result, this market is expected to witness a high level of competition in the next few years. The leading players in the market are anticipated to focus on new products and services in order to gain a competitive edge and enhance their market presence across the globe. North America is projected to witness robust growth in the cloud computing industry, followed by Europe and Asia Pacific.