Top 10 Cloud Computing Trends Of 2023
According to CAGR, the global cloud computing market is expected to grow from USD 208.6 billion in 2017 to over USD623.3 billion by 2023. The major factors driving the growth of the cloud computing market include cost-effectiveness, flexibility, agility, efficiency, and security.
Top 10 Cloud Trends
1. Hybrid and multi-cloud will become the norm
As organizations continue to move more of their workloads and data to the cloud, hybrid and multi-cloud deployments will become increasingly common. This means that businesses will use a combination of on-premises, private, and public cloud resources to meet their specific needs.
2. Edge computing will grow in importance
Edge computing is a type of distributed computing that brings computation and data storage closer to the devices that are generating or using the data. As more devices are connected to the internet – including everything from security cameras to industrial machines – edge computing will become increasingly important in order to ensure low latency and high performance.
3. A focus on security and compliance
As businesses move more of their data and workloads to the cloud, security and compliance will become even more important. Organizations will need to ensure that their data is protected from cyber threats and that they are complying with any industry-specific regulations.
4. The rise of serverless computing
Serverless computing is a type of cloud computing that allows businesses to run their applications without having to worry about managing any underlying infrastructure. This means that businesses only need to pay for the resources that they use, making it a very cost-effective option.
5. More AI and machine learning in the cloud
Artificial intelligence (AI) and machine learning are two of the most popular topics in the tech world right now, and they are only going to become more important in the years to come. As these technologies become more sophisticated, businesses will be able to take advantage of them by using them in the cloud.
6. Increased use of containers
Containers are a type of virtualization technology that allows businesses to package up their applications and run them on any server or cloud platform. This makes it much easier to move applications between different environments and helps to improve portability.
7. The growth of IoT
The internet of things (IoT) refers to the growing network of physical devices that are connected to the internet. These devices can include everything from thermostats to industrial machines. As the IoT continues to grow, businesses will need to find ways to take advantage of this technology in the cloud.
8. Big data in the cloud
Big data is a term used to describe large and complex datasets. As businesses continue to generate more data, they will need to find ways to store, process, and analyze it. The cloud is a perfect platform for big data applications because it offers scalability and flexibility.
9. Improved disaster recovery in the cloud
Disaster recovery is a critical aspect of any business’s operations. In the event of a natural disaster or other unforeseen event, businesses need to be able to quickly recover their data and resume operations. The cloud can provide an ideal platform for disaster recovery because it offers quick deployment and elasticity.
10. The rise of 5G
5G is the next generation of cellular technology that is currently being rolled out around the world. This new network will offer significantly higher speeds and lower latency than 4G, making it ideal for cloud applications.
These are just a few of the top cloud computing trends that we expect to see in the years to come. As businesses continue to move more of their data and workloads to the cloud, these trends will only become more important.