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MarketsandMarkets: Global Cloud Computing Market to Reach US$ 121.1 Billion by 2015

12-31-2010 11:24 AM CET | IT, New Media & Software

Press release from: MarketsandMarkets.com

The ‘Global cloud computing market: global forecast (2010 – 2015)’ analyzes the cloud computing market by services and deployment model and studies the major market drivers, restraints, and opportunities for the cloud computing market in the U.S., Europe, and Asia.

Browse market data tables and in-depth TOC on Cloud computing market: Global Forecast.
http://www.marketsandmarkets.com/Market-Reports/cloud-computing-234.html
Early buyers will receive 10% customization of reports.

Cloud computing delivers software, platform, and IT infrastructure services via a shared network. In this model, businesses access resources such as hosted software and applications remotely, i.e., via the internet. The model not only obviates the need for making capital investments in servers and storage, but also results in zero operational expenses for running data centers.
The global cloud computing market is expected to grow from $37.8 billion in 2010 to $121.1 billion in 2015 at a CAGR of 26.2% from 2010 to 2015. SaaS is the largest contributor in the cloud computing services market, accounting for 73% of the market’s revenues 2010.
Cloud computing not only reduces business costs, but also makes applications accessible from any location, and reacts swiftly to changes in business needs. While interoperability and data security issues may hinder market growth, the future of cloud computing seems promising with IT giants such as IBM, Google, Microsoft, and Salesforce.com actively developing new solutions to address existing issues.

Scope of the report
This research report categorizes the global cloud computing market on the basis of service, deployment model and geography; forecasting revenues and analyzing trends in each of the following submarkets:

• On the basis of service: Infrastructure as a service (IaaS), Platform as a service (PaaS), and Software as a service (SaaS)

• On the basis of deployment model: Private cloud, Public cloud, and Hybrid Cloud

• On the basis of geography: U.S., Europe, and Asia

About MarketsandMarkets

MarketsandMarkets (M&M) is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services.
M&M covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website www.marketsandmarkets.com

Contact:
Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
Email: sales@marketsandmarkets.com
http://www.marketsandmarkets.com

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website www.marketsandmarkets.com

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
Email: sales@marketsandmarkets.com
http://www.marketsandmarkets.com

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