Global Cloud Infrastructure Market is Expected to Reach $206.93 Billion by 2022
Ubiquitous data accessibility, cost savings, business continuity and on-demand business scalability are growth stimulants in the Cloud infrastructure market
Bangalore, India, June 22, 2017 (Newswire.com) - Infoholic Research LLP, a global market research and consulting organization, has published a study titled “Global Cloud Infrastructure Market: Drivers, Opportunities, Trends, and Forecasts, 2016–2022.”
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Cloud infrastructure is the virtual infrastructure that can be used through a network or internet. Infrastructure as a service (IaaS), a delivery model of cloud computing, offers infrastructure services such as hardware and software component, on demand. Cloud infrastructure provides secure, standardized, scalable and robust solution. Services can be offered faster through an integrated infrastructure, it helps in better management and reduces cost of ownership.
The Cloud infrastructure technology will bring in a new era of functionality and opportunity by enabling organizations to do things which were not possible before. The cloud infrastructure helps smaller organizations to gain access to computing capabilities that were earlier beyond their reach due to budget constraints.
Gradually the Cloud infrastructure is becoming a game changer for small and medium enterprises (SMEs) by offering scalable infrastructure and capabilities, available as services.
Cloud infrastructure also gives opportunity to the larger organizations to plan and support a broader portfolio of applications. Cloud services along with Software Defined Network (SDN) helps in developing cost effective service offerings. This helps in reducing the organisation’s network cost.
The coming decade would mark colossal changes in the world of cloud technology. Cloud infrastructure is one such technology which would thrive on disruptive trends. Software development would move to cloud and majority of software applications would be built on cloud. Organizations would be able to focus more on customer satisfaction initiatives rather than mundane maintenance tasks. Hybrid cloud model would Hybrid cloud services would be largely adopted within the next few years. Hybrid cloud deploys unified integrated cloud model, which consists of internal and external cloud platforms that can be leveraged based on organization’s requirements.
Public Cloud, Community Cloud and Hybrid Cloud are the three delivery models studied in the report.
The market is analyzed by the following service types — Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Managed Hosting, Application Delivery Network (ADN) and Colocation Services.
The Global Cloud Infrastructure Market is segmented and analyzed by the following equipment types- Storage, Computing Systems, Network Infrastructure and Others.
Geographical segmentation is done by — North America, Western Europe, Asia Pacific, Central Eastern Europe, Latin America and the Middle East & Africa. Each region is analyzed by equipment, services, deployment model, and verticals.
The cloud infrastructure markets are primarily focused in North America and Western European regions. Asia Pacific region has experienced a sudden boom in the last two to three years.
The key players in the Global Cloud Infrastructure Market are AT&T, AWS, Bluelock, Cisco, Google, Microsoft, RackSpace, Red Hat, and VMware.
“The innovation-driven internet of things (IoT) market offers myriad opportunities to the start-ups to introduce product innovations which in turn also stimulates the cloud infrastructure market growth. The majority of the start-ups reap the benefit of cloud infrastructure as it is cost-effective and they have access to disruptive technologies,” says Jaydeep Bhattacharjee, Group Head at Infoholic Research.
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- The report covers drivers, restraints and opportunities (DRO) affecting the market growth over the forecast years (2016–2022)
- The report provides information related to latest industry and market trends, key stakeholders, industry pest analysis, Porter’s Five Forces analysis and competitive landscape
- The report covers competitive landscape, which includes mergers & acquisitions, joint ventures & collaborations and competitor comparison analysis
- It includes implementation, opportunities and adoption rate of cloud infrastructure technologies in various industries
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Source: Infoholic Research