The healthcare provider solutions segment is expected to hold the largest market share during the forecast period. Moreover, with many healthcare providers giving consultation over video conferencing and phone calls, in lieu of this pandemic, the growth of the healthcare cloud computing market is likely to augment considerably over the forecast period. In such cases, cloud computing assists in hassle-free data storage and backup because of its scalability.

Especially in the healthcare industry, where data serves as the primary asset today, storage and management of data is cost-prohibitive, thereby increasing the additional expenditures related to the requirement of expensive servers. While many organizations are finding it difficult to run smoothly, the organizations that opted for cloud computing infrastructure are functioning well. However, the cloud computing industry has emerged stronger from this event. The COVID-19 pandemic has upended many lives and businesses on an unprecedented scale. However, data privacy and security concerns as well as complex regulations governing cloud data centers may restrain market growth. Growth in the healthcare cloud computing market can be attributed to factors such as technological advancements in the healthcare sector, increasing adoption of healthcare IT solutions, and advantages of cloud usage, including improved storage, flexibility, and scalability of data. The global healthcare cloud computing market is projected to reach 64.7 billion by 2025 from USD 28.1 billion in 2020 at a CAGR of 18.1%. 02, 2020 (GLOBE NEWSWIRE) - The 'Healthcare Cloud Computing Market by Product (EMR/EHR, Telehealth, RCM, HIE, CRM), Deployment (Private Cloud, Hybrid Cloud), Component (Software, Services), Pricing (Pay-as-you-go, Spot Pricing), Service (SaaS, IaaS) - Analysis & Global Forecasts to 2025' report has been added to 's offering.

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