HIT Infrastructure January 2, 2020
The global healthcare cloud computing market is expected to reach $51.9B by 2024 due to big data analytics, IoT in healthcare, and the advantages of cloud usage.
The global healthcare cloud computing market is expected to reach $51.9 billion by 2024, according to a recent Research&Markets report.
The market is projected to increase from $23.4 billion in 2019 at a compound annual growth rate (CAGR) of 17.2 percent during the period, researchers reported. The main growth factors through 2024 will include the increasing adoption of big data analytics, wearable devices, and internet of things (IoT) in healthcare. The market is also slated to grow due to the advantages of cloud usage, such as improved storage, flexibility, and the scalability of...