Cloud Data Center Market Expected to reach $67.5 billion by 2023 - Microsoft, AWS, Cisco Systems, IBM, Google
Cloud Data Center Market-Global Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023
Cloud computing is a transformation in the IT industry changing the nature of the competition within the computer industry. Organizations, such as Cisco Systems, Amazon, Google, Microsoft, and IBM, believe that the cloud will be controlling the IT resources as well as helping in reducing TCO. Cloud computing revolutionizes the way IT resources are being deployed, configured, and managed. With the increase in the use of cloud computing, storage environment has also changed. There are several converging trends such as an increase in number of users, IT consumerization, and more data and devices pushing the storage environment to a new level. These technologies are not only driving the cloud market, but also pushing the use of technologies that will support cloud computing.
Sample Copy Available at https://www.reportsweb.com/inquiry&RW00011137565/sample
Cloud data center is a repository, which can be either physical or virtual used for management, storage, and transmission of data. It requires minimal maintenance cost when compared to the servers. They have their own power supply in case of electricity failure. They are cost-effective and require less resource, thereby attracting end-users to use cloud deployment rather than servers.
They are trying to use emerging technologies to build dynamic, scalable next-generation data center that will response to changing business needs without increasing the cost and overspending on service levels. Moreover, there is growing demand from North American companies as the cloud technology will help in storing data and information cost-effectively, increasing the efficiency, agility, and flexibility of the data center.
Software is the major boosting factor for the cloud data centers market. The major technology providers have joined hands with the cloud and third-party providers to offer innovative data center solutions, which enable the end-users to store their data on the cloud with better security features. The software market is further segmented into storage, server, and networking. In 2017, cloud storage had a major share of the market and is expected to reach $22.99 billion by 2023, growing at a CAGR of 27.6% during the forecast period 2017-2023.
The key players covered in the report are Microsoft, AWS, Cisco Systems, IBM, and Google.
The study covers and analyzes the Cloud Data Center market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and take informed decisions.
Inquire before Buying at https://www.reportsweb.com/inquiry&RW00011137565/buying
Currently, the Americas is having the majority of the market share mainly due to advancements in technology. The market is witnessing prominent growth in countries such as the US and Canada. Americas is followed by Europe in terms of high market share. The regional government initiatives for using cloud computing and reducing the operational cost fosters the growth in the region. APAC is spending hugely in development of data centers and sharing knowledge about the use of cloud computing. LAMEA is expected to have a positive growth in the market, which will offer huge opportunities for key players to provide innovative solutions in the region.
The report provides an in-depth analysis of the cloud data center market aiming to reduce time to market for products and services, reduce operational and cooling costs, improve business efficiency, and operational performance. The report talks about software, services, service models, end-user, and regions. With the information offered, key stakeholders can know about the major trends, drivers, investments, vertical player's initiatives, and public private partnership (PPP's) interest toward the adoption of the technology. Further, the report provides details about the major challenges impacting market growth.
Name: Sameer Joshi
ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cloud Data Center Market Expected to reach $67.5 billion by 2023 - Microsoft, AWS, Cisco Systems, IBM, Google here
News-ID: 1802999 • Views: 261
More Releases from ReportsWeb
Gene Therapy Market: how to drive decisions and growth in a business by top key …
Gene Therapy Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast period. The research report on Market provides comprehensive analysis on market status and development trend, including types, applications, rising technology and region. A number of analysis tools such as SWOT analysis and Porter's five forces analysis have been employed to provide an accurate understanding
Ostomy Drainage Bags Market Estimate to Boost Growth in Demand with Top Key Play …
The global ostomy drainage bags market size was estimated to be $2,742 million in 2015 and is expected to reach $3,524 million, growing at a CAGR of 3.6% from 2016 to 2022. Ostomy is a surgery wherein an artificial opening, known as stoma, is created from the colon in the human body to eliminate body wastes such as urine, mucus, and stools, which are collected in artificial bags called ostomy
Green Technology and Sustainability Market is set to Show Significant Growth by …
Green technology and sustainability are helping to protect the environment and sustain its natural resources for current and future generations. The increasing concern about environment safety rising demand for the green technology and sustainability market. The advancement in the technological and industrial sectors in developing economies creating environmental issues, hence increasing demand for the green technology and sustainability market. Green technology helps in monitoring, forecasting, prevention, and control of the
Flourishing demand of Espresso Coffee Market Size Over 2025, with Luigi Lavazza …
Espresso Coffee Market Analysis to 2025 is a specialized and in-depth study of the Espresso Coffee industry with a focus on the market trend. The report aims to provide an overview of Espresso Coffee Market with detailed market segmentation by product/application and geography. Espresso Coffee Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast period.
More Releases for Cloud
Cloud Storage Market
Cloud storage is a complete solution package, which includes software and services to manage, maintain, and store data in a virtual environment. It helps both large and small & medium enterprises to store and access relevant information from data center through the Internet. These data centers are maintained at distant places and are connected through networks, which enable the users to access information using the Internet. Cloud storage gives additional
Global Cloud Storage Market
Global Cloud Storage Market – Industry Analysis and Forecast (2017-2026) – by Type, Deployment Model, Organization Size, Vertical, and Geography. Global Cloud Storage Market was valued US$ 35.1 Bn in 2017 and is expected to reach US$ 197.4 Bn by 2026, at a CAGR of 25.99% during forecast period. Cloud storage is allowing enterprises to store information on remote servers which can be accessed using internet. These remote servers are operated, maintained
Healthcare Cloud Computing Market -
Healthcare Cloud Computing is a broad, proactive endpoint security solution designed to supplement the existing defenses. It is a cyber-security technology that informs the need for constant monitoring and response to advanced threats. This advanced system measure shifts of security from a reactive threat approach to one that can detect and prevent threats before they even reach the organization. Growing cases of enterprise endpoint targeted attacks and necessity to mitigate it
Cloud Orchestration Market Trend
According to a new report Cloud Orchestration Market (2017-2023), published by KBV Research, the Cloud Orchestration Market is expected to attain a market size of $15.6 billion by 2023, growing at a CAGR of 23.5% during the forecast period. The Configuration market dominated the Cloud Orchestration Market by Solution Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 22.9 % during the
Websites in the Cloud
Noxum consults on websites in the Microsoft Cloud Increased website traffic or massive traffic surges means “heavy labor” behind the web interface. Enormous server capacities are needed to compensate for fluctuation and temporary peaks. Cloud websites release companies from the limitations of server hardware. Würzburg - The Noxum GmbH, service and software provider for Cloud solutions, supports companies operating their websites in the Windows Azure Cloud. Enterprises, publishers and online merchants
Agilisys Cloud Services Simplifies Cloud Infrastructure (IaaS)
David Cotterell appointed Managing Director to spearhead private sector growth for Agilisys London, 17 October 2011. Agilisys, one of the UK’s most innovative IT and business services providers, has expanded its cloud services offering by launching Agilisys Cloud Services, a managed IaaS (Infrastructure as a Service) providing a suite of scalable, modular and customisable cloud services including infrastructure, co-location and hosting solutions, along with associated consultancy services, in Agilisys’ dedicated, highly