Top 5 Tech Trends In 2023

2. Cloud Computing

Growth projection (2032) = $2.29 Trillion

Market size in 2022 = $480 Billion

Cloud Computing is among the top tech trends in 2023. Cloud Computing involves the management and provision of computing services including storage, databases, servers, and analytics, among others, virtually.

As per Precedence Research, the global cloud computing market was valued at $480 billion in 2022. The market is projected to reach $2.29 trillion by 2032, growing at a compound annual growth rate of 17%.