Increasing Shift Towards Cloud-based Solutions to Amplify Market Growth – In recent years, data generation in different industry verticals has significantly increased. According to the Edge Delta, around 15.87 TB of data is generated every day. The higher data generation is resulting in the top companies opting for solutions that provide secure storage of critical data. Hence, enterprises are increasingly seeking cloud-based solutions. According to the statistics by Colorib, as of 2024, around 90% of companies use cloud software to ease their daily operations. Additionally, the cloud-based platforms offer flexibility & convenience since they allow easy access to the data of its employees. Therefore, organizations following a hybrid working model are increasingly incorporating cloud-based solutions within their digital infrastructure, enhancing market growth.