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Cloud Computing Revenue Is Soaring Toward $4 Trillion -- 2 Growth Stocks to Buy Now and Hold for the Next Decade

Cloud Computing Revenue Is Soaring Toward $4 Trillion -- 2 Growth Stocks to Buy Now and Hold for the Next Decade

Cloud computing improves operational efficiency by providing on-demand access to infrastructure, platform, and software services. In fact, consultancy Future Market Insights estimates that cloud services revenue will grow at an average rate of 21% annually to reach $4.4 trillion by 2033. Cloudflare (NYSE: NET) and Amazon (NASDAQ: AMZN) are both well positioned to benefit from that growth.