Cloud Engineering Market 2018 Global Leaders Analysis: Calsoft, Nitor Infotech, Trianz, Sogeti, GFT Technologies SE, Aricent, Rapidvalue Solutions, Softcrylic LLC

Market Research Future published a research report on “Cloud Engineering Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Cloud Engineering – Brief Insights

Cloud engineering is a very distinct form of engineering. In this practice, engineering rules are used for cloud computing. It can provide users with a strong and systematic outlook towards cloud computing applications. This innovative field can be applied to solve problems related to commercialization, regularization and governance of various cloud computing uses. Many enterprises are experiencing the need for this technology. This in turn has given impetus to the global Cloud Engineering Market.

In simple terms, this process utilizes the techniques and information of the engineering field to create, form, run and maintain cloud computing systems and solutions. The usage of this procedure can aid in designing a system that can harness the efficiency and economic benefits of cloud resources. If created rightly, the system developed can solve many business issues.
The demand for this method has risen drastically over the years due to exposure to the internet. Experts believe that cloud engineering will revolutionize the way people perceive science, control business and solve perplexing problems like epidemic ailments and weather fluctuations.

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Market Scenario

This the digital era, every business is being exposed to the internet. Due to this fact, it can be confidently said that the global cloud engineering market will expand massively in the coming years. During the forecast period of 2018-2022, the market is expected to earn USD 12.78 billion. In terms of CAGR, the market is expected to grow at the rate of 20.65%.

There are many growth drivers that are responsible for the development of this market. The advent of an innovative concept like internet of things can be identified as one of the chief growth propellers for this market. Experts suggest, that its emergence will boost the sales of the market throughout the forecast period.

Factors like higher necessity for tailored services, higher need for concept testing prior to investing and the rising demand for implementation of cloud services can be listed as additional growth boosters for the market.
Although, the market may face two major obstacles during this time frame. These include, apprehensions related to regulatory compliances and the fear of losing data. However, with time the market will overcome these small issues and emerge victorious.

Key Players:

The key players in the global cloud engineering market include- Trianz (US), Sogeti (Europe), GFT Technologies SE (Europe), Aricent Inc. (US), Rapidvalue Solutions Inc. (US), Engineering Ingegneria Informatica SpA (Europe), ITC Infotech India Ltd. (India), Calsoft Inc. (US), Nitor Infotech (India), VVDN Technologies (India) , Softcrylic LLC (US) and Searce Inc. (US), among others.

Segments

For the purpose of this study, Market Research Future has segmented the market of cloud engineering into service type, deployment type, organization size, end-users and region.

Service Type-

• Consulting
• Design
• Training
• Integration
• Migration
• Cloud Security
• Cloud Storage
• Others

Deployment-

• Private
• Public
• Hybrid

Organization Size-

• Small
• Medium
• Large

End-Users-

• IT & Telecommunications
• BFSI
• Healthcare
• Energy & Utilities
• Retail
• Government
• Others

Region

• North-America
• Europe
• Asia-Pacific
• RoW

Regional Analysis

The global cloud engineering market is expected to grow significantly over the forecast period, 2017-2023. Retail segment of cloud engineering market globally drives the market majorly due to increasing demand for better solutions for brand image and customer satisfaction. The market is expected to have higher growth rate as compared to the previous years. The global cloud engineering market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. Retail segments hold a largest share in the North-American region. The reason is attributed to as the enterprises are shifting towards cloud-based solutions and services with the increasing adoption of better business strategies. Also, consumers are looking for better shopping experiences in this region. Therefore, retail segment of cloud engineering market accounted for the largest market share.

Asia-Pacific region is expected to grow at a fast pace over the forecast period, 2017-2023. Countries such as Japan, China and India contributes largely to the overall market share. The reason is attributed to the increasing number of manufacturers, stringent government regulations, growing advancement and increasing adoption of high end technology in the field of measurement equipment are boosting the growth of card connector market in this region.
North-America accounted for the largest market share. Countries such as U.S. and Canada contributes largely to the overall market share. The reason is attributed to standard regulation, advanced infrastructure, presence of large number of enterprises and presence of technical expertise.

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Intended Audience

• Device manufacturers
• Network Operators
• Distributors
• Suppliers
• Research firms
• Software Developers
• Commercial Banks
• Vendors
• Semiconductor Manufacturers
• End-user sectors Technology Investors

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This release was published on openPR.