DUBLIN--(BUSINESS WIRE)--The "Cloud Computing Market by Service Model (IaaS, PaaS, SaaS), Deployment Model (Public, Private, Hybrid), Organization Size, Vertical (BFSI, Manufacturing, Retail & Consumer Goods, Healthcare, Telecom & IT, Government & Public Sector, Energy & Utilities, Media & Entertainment, Others), and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering. The global cloud computing market size is expected to grow from USD 445.3 billion in 2021 to USD 947.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period. The major factors driving the growth of the cloud computing market include growing digital transformation initiatives across industries, increasing adoption of hybrid cloud solutions, and rising demand for cloud-based disaster recovery solutions. By service model, the SaaS segment is expected to hold the largest market size during the forecast period. The large market size of the SaaS segment can be attributed to the increasing adoption of SaaS-based solutions by Small and Medium-sized Businesses (SMBs) to streamline their business processes. SaaS solutions are cost-effective and easy to deploy, which makes them an ideal choice for SMBs. By deployment model, the public cloud segment is expected to hold the largest market size during the forecast period. The large market size of the public cloud segment can be attributed to the increasing adoption of public cloud services by organizations of all sizes. Public cloud services are cost-effective and offer scalability and flexibility, which makes them an ideal choice for organizations looking to reduce their IT infrastructure costs. By organization size, the large enterprises segment is expected to hold the largest market size during the forecast period. The large market size of the large enterprises segment can be attributed to the increasing adoption of cloud computing solutions by large enterprises to improve their business agility and efficiency. Large enterprises are increasingly adopting cloud-based solutions to reduce their IT infrastructure costs and improve their operational efficiency. By vertical, the BFSI segment is expected to hold the largest market size during the forecast period. The large market size of the BFSI segment can be attributed to the increasing adoption of cloud computing solutions by BFSI organizations to improve their customer service and reduce their operational costs. BFSI organizations are increasingly adopting cloud-based solutions to improve their data security and compliance. By region, North America is expected to hold the largest market size during the forecast period. The large market size of North America can be attributed to the presence of a large number of cloud computing vendors in the region. North America is also home to a large number of early adopters of cloud computing technologies. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview and Industry Trends 6 Cloud Computing Market, by Service Model 7 Cloud Computing Market, by Deployment Model 8 Cloud Computing Market, by Organization Size 9 Cloud Computing Market, by Vertical 10 Cloud Computing Market, by Region 11 Competitive Landscape 12 Company Profiles Companies Mentioned Alibaba Cloud Amazon Web Services CenturyLink Fujitsu Google Cloud IBM Microsoft Oracle Rackspace Salesforce SAP ServiceNow VMware Workday For more information about this report visit https://www.researchandmarkets.com/r/1j2939