Cloud Based Drug Discovery Platforms Market Worldwide Overview by Industry Size, Future Trends, Growth Factors

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The Global Cloud-Based Drug Discovery Platforms Market size is expected to grow from USD 2.22 Billion in 2022 to USD 5.04 Billion by 2030, at a CAGR of 10.8% during the forecast period (2023-2030).

Cloud computing technology gives customers access to storage, files, software, and servers through internet-connected devices such as computers, smartphones, tablets, and wearables. Cloud computing solution providers store and process data in a location that's separate from end-users. Moreover, cloud computing provides the ability to store and access data and programs over the internet instead of on a hard drive. The usage of cloud-based drug discovery platforms in pharmaceutical and biotechnology firms allows collaboration with scientists and companies around the world.

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Key Companies Market Share Insights:

Accenture PLC (Ireland),Acelot Inc (US),Cloud Pharmaceuticals Inc. (US),Dassault Systemes (France),IBM Corporation (US),SAS Institute Inc. (the US),Tata Consultancy Services Ltd. (India),WuXi AppTec (China),Collaborative Drug Discovery (CDD),SCYNEXIS Inc. (the US),Medidata (US),Certara (US),Google (US),Cloudpharm,Amazon Web Services Inc. (US) and other major players.

Crucial to our report are the in-depth company profiles and competitive analysis, providing invaluable insights into market players' overview, market role, operating business segments, and financial performance. By evaluating vital metrics like production volume, sales volume, and sales margin, we establish a comprehensive understanding of their market position.

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Cloud Based Drug Discovery Platforms Market is Segmented as follows:       

By Type

  • Infrastructure As A Service {IaaS}
  • Software As A Service {SaaS}
  • Platform As A Service {PaaS}

By Deployment Mode

  • Public
  • Private
  • Hybrid

By End User

  • Pharmaceutical Vendors
  • Biotech Vendors
  • Contract Research Organizations
  • Others

Cloud Based Drug Discovery Platforms Market Regional Analysis/Insights:

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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