COVID-19 Impact and Recovery Analysis- Public Cloud Services Market 2020-2024 | Increasing Adoption of IoT and ML And Big Data Technologies to Boost Growth | Technavio | Business Wire
LONDON–(BUSINESS WIRE)–Technavio has been monitoring the public cloud services market and it is poised to grow by USD 221.84 billion during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The global public cloud services market will have a positive impact due to the spread of COVID-19. The extension of containment efforts is leading to increased demand and reduced production. Hence, the prices are expected to remain elevated during short term, thereby resulting in an improved topline growth of market players.