July 04, 2022
As per the research report titled ‘Global Cloud Computing in Cell Biology Market 2022-2028’, available with MarketStudyReport, global cloud computing in cell biology market which accumulated USD 1798 million in 2021 is anticipated to surge at a CAGR of 18.3% through 2028 and eventually amass USD 5830 million by the end of the analysis timeframe.
Increasing adoption of advanced technologies such as artificial intelligence, machine learning, and Big Data in the field of biomedical research is a major factor driving global cloud computing in cell biology market growth.
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It is worth mentioning that cloud computing has proven to be a powerful, scalable, and flexible approach for diverse data-intensive and computational inconsistencies related to networking, storage, and analytics.
Aside from growth drivers and opportunities, the research report identifies challenges that may impede the growth dynamics of the market while illustrating specific solutions to mitigate the impact.
The document includes a thorough evaluation of market behavior in terms of growth rate, revenue size, consumption patterns, and potential for expansion.
Considering the regional terrain, worldwide cloud computing in cell biology industry trends are studied across Asia Pacific, North America, and Europe. Performance potential of each regional market has been entailed in the document to facilitate a clear understanding of promising avenues among stakeholders to widen their profit margins.
Speaking of segmentation, the market sphere is bifurcated in terms of deployment mode (private cloud, public cloud, hybrid), application spectrum (clinical trials, discovery and preclinical research, pharmaceuticals manufacturing, others), and end user scope (clinical laboratories, biotechnology and pharmaceutical companies, contract research organization).
The competitive framework of worldwide cloud computing in cell biology market is majorly influenced by key players such as International Business Machines Corporation (IBM), Cisco Systems Inc., Oracle Corporation, Salesforce.com Inc., Alphabet Inc., Dell Inc., SAP SE, Huawei Technologies Co., Ltd., and Amazon Web Services Inc.