Monthly Archives: April 2024
Why is cloud computing so popular? – Understanding AWS Cloud Principles and Key Characteristics
Why is cloud computing so popular? Depending on who you ask, some estimates peg the global cloud computing market at around USD 445 billion in 2021, growing to about USD 950 billion by 2026. This implies a Compound Annual Growth Rate (CAGR) of around 17% for the period.There are multiple reasons why the cloud market is growing so fast. Some of them are listed here: Let’s look at the most