Healthcare Cloud Computing Market to Exceed US$ 7791.4 Mn in 2025
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Global Healthcare Cloud Computing Market: Segmentation & Forecast
Global healthcare cloud computing market is categorized on the basis of application, deployment model, by components, by service model and region. On the basis of application, the market is segmented as CIS and NCIS. The CIS segment is anticipated to register a CAGR of 20.3% during the forecast period. The component segment is segmented into software, hardware, and services. On the basis of deployment model, the market is segmented as public cloud, private cloud, and hybrid cloud. Private cloud segment accounted for highest market share and was valued at US$ 2,504 Mn in 2016.
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The service model segment is segmented as SaaS, Paas, and IaaS. The SaaS segment is poised to be highly lucrative in the coming years. This segment is estimated to reach a value of about US$ 25.4 Bn by 2025 end and is the fastest growing segment to register an exponential CAGR of 19.7% throughout the period of assessment, 2017-2025. The PaaS segment is the smallest segment with a low estimate of US$ 360.3 Mn in 2017 and is expected to reach US$ 1.2 Bn by 2025 end. By component, the software segment is projected to grow at a higher rate to register value CAGR of 19.2% throughout the period of forecast and is the largest segment in terms of value share. It is estimated to reach a valuation of more than US$ 21 Bn by the end of 2025.
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Global Healthcare Cloud Computing Market: Regional Forecast
This report also covers drivers, restraints and trends driving each segment and offers analysis and insights regarding the potential of healthcare cloud computing market in regions including North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among these regions, North America accounted for the largest market share in 2016. Moreover, North America region is also expected to register a healthy CAGR of 19.6% during the forecast period.
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Global Healthcare Cloud Computing Market: Key Players
Key competitors in healthcare cloud computing market are: Agfa-Gevaert N.V., Athena Health Inc., Care Cloud Corporation CareStream Health Inc., Dell Inc., IBM Corporation, Oracle Corporation, Microsoft Corporation, and GE Healthcare.
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