The cloud-based data management services market generated a value of USD 40.7 billion in 2023, which will increase to USD 258.4 billion, advancing at a 30.4% CAGR, by 2030.
The increasing acceptance of cloud-based services is a key factor for the industry's growth. Cloud-based services are provided via the internet that enable people and companies to store, manage, and examine huge volumes of data. Services comprise data incorporation, management, warehousing, artificial intelligence, and machi