openPR Logo
Press release

Cloud computing market Analysis, Statistics, Trends, Forecast Report, 2024

05-18-2017 09:00 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

Cloud computing market size likely to witness significant gains from 2016 to 2023. Greater scalability coupled with faster access to infrastructure are anticipated to surge the demand growth.

North America, especially U.S. cloud computing market size accounted for over 50% total share in 2015. SaaS services, including collaborations, content & communications along with customer relationship management is expected to boost regional revenue generation over the forecast period.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/346

Cloud computing in an internet based technology that serves centralized data to remote devices connected through intranet or internet. It is a network where an application or program runs on a server and can be shared across several devices such as laptops, smartphones and personal computers. It ensures consumption-based billing and is also expected to witness significant adoption in several end use sectors. The above mentioned factors are likely to boost the industry demand over the forecast period. Strong outlook on the healthcare cloud computing market size, likely to exceed USD 13 billion by 2023, should drive industry demand.

The technology enables exploitation of data in order to sustain business conclusions while maintaining the IT cost down. In addition, it enables companies to leverage platform as a service for application deployment. The technology is mainly deployed by key players in applications such as Google Inc. for Gmail, Drop box Inc. for their Dropbox Storage, Google auto back up, Facebook, Ever note and Skype. The technology is mainly utilized in social media and healthcare sectors as it facilitates the sectors to reduce their capital expenditure by eliminating the cost of IT Infrastructure.

Large organizations makes use of private clouds in order to ensure reliability and security, while the smaller organizations requires public cloud services as they are cost efficient in nature. The conventional IT infrastructure involves developing, testing and deploying applications, which provides high investment as well as under utilization of resources. However, concerns regarding privacy, data access and security are the foremost factors hindering the demand growth over the coming few years.

The industry can be segmented on the basis of deployment models which include public cloud, hybrid cloud and private cloud. The industry can also be bifurcated on the basis of services which include softw are as a service (SaaS), advertising as a service (AaaS), business process as a service (BPaaS), platform as a service (PaaS), and infrastructure as a-service (IaaS). The industry can be segregated by IT capability into business processes, application and system & application infrastructure. Key regions occupying significant cloud computing market share include Asia Pacific, North America, Europe, MEA and Latin America. Business processes can be further segmented into e-commerce, human resources and payment processing and accounted for more than 70% of the total industry share in 2014.

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/346

India cloud computing market size was valued over USD 1 billion in 2014. Advertising as a service market accounted for highest share owing to extensive usage in online advertising. Rising growth in e-commerce sector is also likely to boost the demand.

Hybrid cloud accounted for around 58% of industry share in 2014. Public cloud accounted for over 30% and private cloud accounted for about 5% in the same year. Hybrid cloud computing service model provides solution by combining public and private clouds. It integrates in-house IT infrastructure with other services and products to accomplish unique needs of the customers.

SaaS cloud computing market share accounted for over 49% revenue in 2014, IaaS accounted for around 28% and Paas accounted for over 18%. SaaS is utilized for the distribution of software so that the consumers can access over the Internet. It hosts the applications at its data center and a user contacts it with the help of any standard web browser.

The major players holding the global cloud computing market share include Amazon, Akamai Technologies, Hewlett Packet, VM-Ware, Yahoo, CA Technologies, Caspio and Dell among others. Major competitors for PaaS include Microsoft, Google and IBM among others. Key SaaS players are Google, Cisco, Demandware, Adobe and Hotmail among others. IaaS providers include Akamai, Joyent and GoGrid among others.

Browse Related Reports:

Embedded System Market Size By Application (Automotive, Industrial, Consumer Electronics, Telecommunication, Healthcare, Military & Aerospace), By Product (Software, Hardware) Industry Outlook Report, Regional Analysis, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023

https://www.gminsights.com/industry-analysis/embedded-system-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 computing market Analysis, Statistics, Trends, Forecast Report, 2024 here

News-ID: 541247 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for SaaS

Global SaaS Management Platform Market Size, By Types (SaaS Subscription Managem …
The global SaaS Management Platform size is estimated to be USD 1891 million in 2020. The global SaaS Management Platform market size is expected to grow at a CAGR of 16.4% between 2020-2028. The global SaaS Management Platform Market is fueled by various factors, according to a detailed assessment explained in the report. This study shows how important in-depth analysis should be, and how it greatly affects the quality of information
Global SaaS Management Platform Market by Type (SaaS Subscription Management, Sa …
A recent market research report added to repository of Credible Markets is an in-depth analysis of Global SaaS Management Platform Market. On the basis of historic growth analysis and current scenario of Global SaaS Management Platform market place, the report intends to offer actionable insights on Global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from
New SaaS CyberCPR Pro version launched
The latest cloud version of the Incident Response platform is now available. Logically Secure has announced the release of the latest addition to its CyberCPR family, CyberCPR Pro. CyberCPR Pro is the SaaS version of the incident response platform and offers a new, affordable and easy way for incident responders to quickly benefit from the incident response and case management features of CyberCPR. "I am immensely proud that, after months of hard
SaaS Based HRM Market: Small and Medium-sized Enterprises Take the Lead in Europ …
Transparency Market Research (TMR) has observed that the competitive landscape in the Europe SaaS based HRM market is mildly fragmented. The leading players, The Sage Group plc, IBM Corporation and ADP, LLC, held a lion’s share of 55 in the Europe market in 2016. The unwavering dominance of these companies is attributable to the best HR information practices. The companies are constantly working on improving their product portfolio to help
NETWAYS introduces new SaaS platform NWS
Nuremberg March 6, 2017 As of March 07, 2017, the NETWAYS Web Services (NWS) will go online with nws.netways.de. A diverse range of open source solutions for various applications are offered. The preconfigured applications are immediately available to the user. Tasks such as updates and operation are managed via the software as a Service (SaaS) access. Interested users can test the open source applications free of charge for 30 days
OrchestratedBEER Introduces SaaS OnDemand
This year's Craft Brewers Conference provided the stage on which OrchestratedBEER launched its newest software offering - Software as a Service (SaaS). SaaS is the latest offering providing everything a growing craft brewery needs to run a business including: -Production -Inventory -Sales & CRM -MRP -Recipe management -Reporting -Supply