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What is the current state of the cloud computing market in the U.S.?
The U.S. cloud computing market generated a revenue of $292 billion and is forecasted to reach $476 billion by 2028, indicating significant growth driven by digital transformation and the adoption of advanced technologies like AI and 5G.
How are small businesses utilizing cloud computing?
Small and Medium Enterprises (SMEs) are increasingly relying on cloud solutions for their IT services, infrastructure, and data storage needs. The pay-as-you-go model of cloud computing allows them to efficiently manage their IT infrastructure while overcoming financial and technical barriers.
What impact did the COVID-19 pandemic have on cloud adoption?
The COVID-19 pandemic accelerated the shift towards cloud-based solutions as organizations sought to overcome operational disruptions and support remote work, leading to an ongoing demand for scalable and cost-effective IT solutions.