Cloud Server Market Explores New Growth Opportunities By 2027
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Cloud Server Market: Drivers and Restraints
Globally connected servers, immediate resource allocation, and availability of enterprise grade hardware at low cost are the major drivers for cloud server market. In cloud server, multiple networks are interconnected globally to provide data storage services across the world. Enterprises can also allocate resources on real-time basis due to easy accessibility of cloud servers and in addition to this, enterprises can access the enterprise grade hardware as per their requirement at low cost compared to conventional server. All these advantages increasing the demand for cloud servers across the globe and most of the enterprises are moving towards cloud based servers instead of conventional server
However, security is the major concern in cloud server market as these services can be accessed through wireless network from all users, hence some of the enterprises are not ready to adopt cloud server for critical business applications. In addition to this, enterprises do not have control on cloud servers and there is less amount of flexibility therefore, some of the enterprises are still using conventional server and they are not ready to change their IT infrastructure.
Global Cloud Server Market: Market Segmentation
Segmentation on basis of computing model in Cloud server market:
The major segments of computing modelincloud server market include:
Segmentation on basis of end-user vertical in Cloud server market:
The major segments of end-user vertical incloud server market include:
Healthcare and Life Sciences
Telecommunication & IT
Media and Entertainment
Transportation and Logistics
Some of the prominent players in the cloud server market include IBM Corporation,Rackspace, Microsoft Corporation, Google, Oracle Corporation, Dell, VMware, Hewlett-Packard and Amazon.
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Presently, North America is holding the largest market share for cloud servermarket due to high adoption of cloud computing technologies among business enterprises for real-time data accessibility. European market is the second largest segment in overall cloud server market where government sector has tremendous opportunity for cloud server market.
The Asia Pacific region is following the European region in cloud server market. This market is expected to have the highest growth rate in coming years due to the adoption of cloud based services and increasing usage of virtualization infrastructure.
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