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Cloud Services Market by Services (Infrastructure as a service, Platform as a service, Software as a service, Business process as a service, Cloud advertisement and Cloud management and security services), Type (Public cloud, Private cloud, Hybrid cloud and Community cloud) and Application (Government, Private organizations, Academics and education and Supply chain management) - Global Opportunity Analysis and Industry Forecast, 2013 - 2020

IC 14393
Pages: 145
Jul 2014 | 5322 Views
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Author's : Swapnil Shende
Tables: 64
Charts: 36
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Cloud Services Market Overview: 

The global cloud services market share was valued at $209.9 billion in 2014, and is expected to reach $555 billion by 2020, growing at a CAGR of 17.6% during the forecast period 2014‐2020. Cloud computing is the practice of sharing network of remote servers which are hosted on the internet to store, process, share, and manage data rather than on a local server or a personal computer. It specifically refers to a common storage space through which all the devices in the network can access data simultaneously. The use of cloud computing technology not only provides cost benefits but also makes data accessible to all devices in the network at any time and from any location.

The global cloud computing services market size is driven by many factors. The most important factor, which is driving the market, is the cost effectiveness. With the deployment of cloud computing services, organizations can save more than 35% of the annual operating costs. The other factor includes all the functional capabilities, which boost up the business performances of the organizations. In addition, substantial increase in the number of small and medium enterprises will eventually lead to the increased adoption of cloud services in such regions

Segment review

The global cloud services industry is segmented on the basis of service, type, end user and geography. The services segment includes infrastructure as a service, platform as a service, and software as a service. By type segment is further bifurcated into public cloud, private cloud, hybrid cloud, community cloud. Moreover, end user segment is classified into government, private organizations, academics and education, banking, financial services and insurance, health care, supply chain management. Based on geography, the global  cloud services market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

Cloud Services Market Segment Review

Cloud Service Market Scenario

The cloud storage is a practice of storing data on shared remote servers that are hosted through the internet instead of the conventional local servers or personal computers. In a cloud environment, the servers can be accessed by all the devices that are in the network through a secure gateway. The global cloud services market is still at an evolving stage and it has a good potential due to several driving factors. The key driver for the market is that it provides cost benefits when it is compared to conventional physical storage as it is estimated that cloud services would save 35% of the annual operations cost. Functional capabilities and access from any place at any time is another driver due to flexibility provided in the business processes.

Evolution of cloud computing

Evolution of Cloud Computing

Top Factors Impacting World Cloud Services Market

Top factors impacting world cloud services market

Data security and protection

The adoption of Public and hybrid models of the cloud are relatively limited due to the threat of data breaches and data leakages. The information that is stored in these clouds can be accessed by the subscribers; such information, therefore can be easily breached and misused; Solving the security issues would therefore be of utmost importance. Therefore, the securitization of these stored data is extremely important as this factor can affect the market adversely if the problem persists.

The impact of this restraint is severe in the market. Data security creates a feeling of distrust among the organizations and it is observed that the organizations hesitate in adopting the technology. However, the impact of data security would die a natural death due to the advancement of cloud computing technology and availability of optimum solutions for the data security issues.      

Functional capabilities

There are various functional benefits, which the cloud computing services provide such as no upgrading and installing functions or patching. The service providers handle these functions so it reduces the unnecessary efforts of the IT staff so that they can contribute in other productive projects. The data is well distributed in cloud and is accessible to everyone subscribed. For example, E-mail services requires massive resources as the service is distributed to vast users, so public cloud of any strong service provider such as Google app can be used to create the Email services.

Top strategies in cloud computing services market

Top strategies in cloud computing services market

The most popular and observed strategy in the cloud computing services market is Merger and Acquisition. The reason behind these increased number of acquisitions are huge financial capacity of the companies. The companies in the cloud services are global market giants with high revenues and thus, maintain good liquidity. Moreover, the attractiveness of the cloud computing services market forces the companies to invest in various segments.  Companies such as Google Inc., IBM, Microsoft and Amazon web services seem very active in merger and acquisition as they want to become the market leaders.

CLOUD SERVICES MARKET KEY BENEFITS

  • The report provides in-depth analysis of the cloud computing services market and offers current and future trends to depict the upcoming investment pockets in the market.
  • Competitive analysis to formulate strategies in the market.
  • Current and future trends to determine the overall attractiveness of the market.
  • Analysis of market factors to determine the growth trends in various geographies.
  • Potency of buyers and suppliers to determine in depth analysis of the present scenario.
  • Company profiles of the leading market players to provide the strategies adopted by them to succeed in the market.
  • Quantitative analysis of the current market and estimations through 2013-2020.  
  • Identification of key application segments based on future potential and growth prospects
  • Value chain analysis to describe the roles of intermediaries involved.
  • Drivers and opportunity to determine the factors responsible for the cloud services market growth.
  • Top impacting factors which determine the future attractiveness if the market.

CLOUD SERVICES MARKET SEGMENTATION

By Services

  • Infrastructure as a service
  • Cloud bursting
  • Multi tenant computing
  • Resource pooling
  • Platform as a service
  • Software as a service

By Type

  • Public cloud
  • Private cloud
  • Hybrid cloud
  • Community cloud

By End User

  • Government
  • Private organizations
  • Academics and education
  • Banking, Financial services and Insurance
  • Health Care
  • Supply chain management

By Geography

  • North America
  • Europe
  • Asia Pacific
  • LAMEA
 

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 MARKET OVERVIEW

2.1 Market definition and scope
2.2 Evolution of cloud computing
2.3 Key findings

2.3.1 Top factors impacting the global cloud services market
2.3.2 Top investment pockets
2.3.3 Top wining strategies

2.4 Porter’s Five Forces Analysis

2.4.1 Low bargaining power of the supplier due to low brand loyalty
2.4.2 Low switching costs increases the bargaining power of buyer
2.4.3 Undifferentiated service leads to high inter segmental rivalry
2.4.4 Liberal government policy leads to high threat of new entrants
2.4.5 Threat of substitute

2.5 Value chain analysis
2.6 Market share analysis, 2013
2.7 Pricing model

2.7.1 Consumption based pricing
2.7.2 Subscription based pricing
2.7.3 Advertising based pricing
2.7.4 Market based pricing

2.8 Impact of big data on cloud computing

2.8.1 Scope of big data

2.9 Risk management approach

2.9.1 Regulatory compliances

2.10 Government regulations

2.10.1 Regulations in Canada:
2.10.2 Regulations in US

2.10.2.1 Contractual issues

2.10.3 Europe and its regulations

2.10.3.1 Privacy and data protection
2.10.3.2 Liability of cloud provider for illegal contract

2.10.4 Asia Pacific

2.11 Patent analysis

2.11.1 Patent analysis for geographies (2011-2014)

2.12 Case studies

2.12.1 Launch of travel portal of Expedia
2.12.2 Soon Chun Yung hospital augments its care experience
2.12.3 Cancer investigators use Google App engine to enhance life saving research

2.13 Market dynamics

2.13.1 Drivers

2.13.1.1 Economic benefits
2.13.1.2 Functional capability and any where access
2.13.1.3 Increase in small and medium enterprises
2.13.1.4 Elevated business performance

2.13.2 Restraints

2.13.2.1 Data security and protection
2.13.2.2 Data location and administration
2.13.2.3 Insecure interfaces and API’s

2.13.3 Opportunities

2.13.3.1 Developing economies
2.13.3.2 Need forERP

Chapter: 3 GLOBAL CLOUD SERVICES MARKET BY TYPE, 2013-2020 ($MILLION)

3.1 Infrastructure as a service

3.1.1 key market trends
3.1.2 Competitive scenario
3.1.3 Key growth factors and opportunities
3.1.4 Market size and growth

3.2 Platform as a service

3.2.1 Key market trends
3.2.2 Competitive scenario
3.2.3 Key growth factors and opportunities
3.2.4 Market size and growth

3.3 Software as a service

3.3.1 Key market trends
3.3.2 Competitive scenario
3.3.3 Key growth factors and opportunities
3.3.4 Market size and growth

3.4 Business process as service

3.4.1 Key market trends
3.4.2 Competitive scenario
3.4.3 Key growth factors and opportunities
3.4.4 Market size and growth

3.5 Cloud Advertising services market

3.5.1 Key market trends
3.5.2 Competitive scenario
3.5.3 Key growth factors and opportunities
3.5.4 Market size and growth, 2013-2020 ($Billion)

3.6 Cloud management and security services

3.6.1 Key market trends
3.6.2 Competitive scenario
3.6.3 Key growth factors and opportunities
3.6.4 Market size and growth, 2013-2020 ($Billion)

Chapter: 4 GLOBAL CLOUD SERVICES MARKET BY CLOUD TYPE

4.1 Public cloud

4.1.1 Key market trends
4.1.2 Competitive scenario
4.1.3 Key growth factors and opportunities
4.1.4 Market size and growth
4.1.5 Public cloud IaaS services market
4.1.6 Public cloud PaaS services market
4.1.7 Public cloud SaaS services market
4.1.8 Public cloud BPaaS services market
4.1.9 Public cloud advertising services
4.1.10 Public cloud management and security services

4.2 Private cloud

4.2.1 Key market trends
4.2.2 Competitive scenario
4.2.3 Key growth factors and opportunities
4.2.4 Market size and growth
4.2.5 Private cloud IaaS services market
4.2.6 Private cloud PaaS services market
4.2.7 Private cloud SaaS services market
4.2.8 Private cloud BPaaS services market
4.2.9 Private cloud advertising services
4.2.10 Private cloud management and security services

4.3 Hybrid cloud

4.3.1 Key market trends
4.3.2 Competitive scenario
4.3.3 Key growth factors and opportunities
4.3.4 Market size and growth
4.3.5 Hybrid cloud IaaS services market
4.3.6 Hybrid cloud PaaS services market
4.3.7 Hybrid cloud SaaS services market
4.3.8 Hybrid cloud BPaaS services market
4.3.9 Hybrid cloud advertising services

4.3.10 Hybrid cloud management and security services

4.4 Community cloud

4.4.1 Key market trends
4.4.2 Competitive scenario
4.4.3 Key growth factors and opportunities
4.4.4 Market size and growth
4.4.5 Community cloud IaaS services market
4.4.6 Community cloud PaaS services market
4.4.7 Community cloud SaaS services market
4.4.8 Community cloud BPaaS services market
4.4.9 Community cloud advertising services
4.4.10 Community cloud management and security services

Chapter: 5 GLOBAL CLOUD SERVICES MARKET BY APPLICATION

5.1 Government
5.2 Private organisations
5.3 Academics and education
5.4 Banking, financial services & insurance
5.5 Health care
5.6 Supply chain management
5.7 Others

Chapter: 6 GLOBAL CLOUD SERVICES MARKET BY GEOGRAPHY

6.1 North America

6.1.1 Key market trends
6.1.2 Key growth factors and opportunities
6.1.3 Competitive landscape
6.1.4 Market size and growth

6.2 Europe

6.2.1 Key market trends
6.2.2 Competitive scenario
6.2.3 Key growth factors and opportunities
6.2.4 Market size and growth

6.3 Asia pacific

6.3.1 Key market trends
6.3.2 Competitive scenario
6.3.3 Key growth factors and opportunity
6.3.4 Market size and growth

6.4 Latin America Middle East And Africa (LAMEA)

6.4.1 Key market trends
6.4.2 Competitive scenario
6.4.3 Key growth factors and opportunity
6.4.4 Market size and growth

Chapter: 7 COMPANY PROFILE

7.1 Amazon web services

7.1.1 Company overview:
7.1.2 Company snapshot:
7.1.3 Business performance
7.1.4 Strategic Moves and Developments:

7.1.4.1 Primary Strategy: Product Launch
7.1.4.2 Secondary Strategy:Merger and Acquisition

7.1.5 SWOT analysis & strategic conclusion

7.2 AKAMAI TECHNOLOGIES

7.2.1 Company overview:
7.2.2 Company snapshot:
7.2.3 Business performance
7.2.4 Strategic Moves and Developments:

7.2.4.1 Primary Strategy: Partnership
7.2.4.2 Secondary Strategy: Colaboration and Agreement

7.2.5 SWOT analysis & strategic conclusion

7.3 CISCO SYSTEMS

7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Business performance
7.3.4 Strategic moves and developments

7.3.4.1 Primary Strategy: Partnership

7.3.5 SWOT analysis & strategic conclusion

7.4 GOOGLE INCORPORATION

7.4.1 Company overview:
7.4.2 Company snapshot:
7.4.3 Business performance
7.4.4 Key strategies of GOOGLE

7.4.4.1 Primary Strategy: Merger and Acqusition
7.4.4.2 Secondary Strategy: Product Launch

7.4.5 SWOT analysis and strategic conclusion
7.4.6 Swot analysis of google inc

7.5  INTERNATIONAL BUSINESS MACHINE (IBM)

7.5.1 Company overview
7.5.2 Company Snapshot
7.5.3 Business Performance
7.5.4 Strategic Moves and Developments

7.5.4.1 Primary Strategy: Merger and Acquisition
7.5.4.2 Secondary Strategy: Product Launch

7.5.5 SWOT Analysis and Strategic Conclusion

7.6 HEWLETT PACKARD (HP)

7.6.1 Hp Corporation Overview
7.6.2 Company Snapshot
7.6.3 Business performance
7.6.4 Strategic moves and developments

7.6.4.1 Primary Strategy: Product Launch

7.6.5 Swot analysis and strategic conclusion

7.7 DELL

7.7.1 Company overview
7.7.2 Company Snapshot
7.7.3 Business performance
7.7.4 Strategic Moves and Developments
7.7.5 SWOT Analysis and Strategic Conclusion

7.8 MICROSOFT CORPORATION

7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Business performance
7.8.4 Strategic moves and development

7.8.4.1 Primary Strategy: Merger and Acquisition
7.8.4.2 Seconadry Strategy: Product Launch

7.8.5 SWOT Analysis and Strategic Conclusion

7.9 VM WARE

7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Business performance
7.9.4 Strategic moves and development.

7.9.4.1 Primary Strategy: Product Launch

7.9.5 SWOT Analysis and Strategic Conclusion

7.10 YAHOO INCORPORATION

7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Business performance
7.10.4 Strategic moves and development
7.10.5 Swot analysis and strategic conclusion

 

List of Figures

FIG.1  EVOLUTION OF CLOUD COMPUTING
FIG. 2  TOP IMPACTING FACTORS
FIG. 3  TOP INVESTMENT POCKETS
FIG. 4  TOP STRATEGIES ADOPTED IN THE CLOUD SERVICES MARKET
FIG. 5  TOP STRATEGIES IN CLOUD SERVICES MARKET
FIG. 6  PORTER’S FIVE FORCES ANALYSIS
FIG. 7  VALUE CHAIN OF CLOUD SERVICES MARKET
FIG. 8  MARKET SHARE ANALYSIS, 2013
FIG. 9  PATENT ANALYSIS OF PRODUCTS BY GEOGRAPHIES (2011-2014)
FIG. 10  PATENT ANALYSIS OF PRODUCTS BY GEOGRAPHY (2011-2014)
FIG. 11  FASTER RETURN ON INVESTMENT USING CLOUD SERVICES
FIG. 12  BUSINESS PROCESS AS A SERVICE IN ORGANISATON
FIG. 13  UTILISATION OF PRIVATE CLOUD BY ORGANISATION
FIG. 14  VM WARE V CLOUD HYBRID SERVICE PRICING
FIG. 15  FASTER PROBLEM SOLVING
FIG. 16  MOST POPULAR APPLICATIONS USED
FIG. 17  REVENUE BY PRODUCTS AND SERVICES
FIG. 18  REVENUE BY GEOGRAPHY ($ MILLION)
FIG. 19  SWOT ANALYSIS OF AMAZON WEB SERVICES
FIG. 20  REVENUE OF AKAMAI, 2009-2013 ($MILLION)
FIG. 21  REVENUE BY PRODUCT AND SERVICES FOR AKAMAI TECHNOLOGY
FIG. 22  SWOT ANALYSIS OF AKAMAI CORPORATION
FIG. 23  REVENUE BY PRODUCTS AND SERVICES
FIG. 24  REVENUE BY GEOGRAPHY FOR CISCO
FIG. 25  SWOT ANALYSIS OF CISCO CORPORATION
FIG. 26  REVENUE BY GEOGRAPHY FOR GOOGLE
FIG. 27  REVENUE BY PRODUCTS AND SERVICES FOR IBM
FIG. 28  SWOT ANALYSIS OF IBM
FIG. 29  REVENUE BY PRODUCTS AND SERVICES FOR HP
FIG. 30  SWOT ANALYSIS OF HP CORPORATION
FIG. 31  SWOT ANALYSIS OF DELL
FIG. 32  REVENUE OF MICROSOFT, 2011-2013, $MILLION
FIG. 33  SWOT ANALYSIS OF MICROSOFT
FIG. 34  SWOT ANALYSIS OF VW WARE
FIG. 35  REVENUE OF YAHOO, 2011-2013, $MILLION
FIG. 36  SWOT ANALYSIS OF YAHOO INCORPORATION


 List of Table

TABLE 1  COMPARISON OF CONVENTIONAL TECHNOLOGY WITH CLOUD COMPUTING
TABLE 2  GLOBAL CLOUD SERVICES MARKET BY SERVICE TYPE, 2013 - 2020 ($BILLION)
TABLE 3  CLOUD IAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 4  CLOUD PAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 5  CLOUD SAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 6  CLOUD BPAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 7  CLOUD ADVERTISING SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 8  CLOUD MANAGEMENT AND SECURITY SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 9  GLOBAL CLOUD SERVICES MARKET BY CLOUD TYPE, 2013 - 2020 ($BILLION)
TABLE 10  GLOBAL PUBLIC CLOUD SERVICES MARKET BY SERVICE TYPE, 2013 - 2020 ($BILLION)
TABLE 11  LIST OF TOP PUBLIC CLOUD PROVIDERS
TABLE 12  PUBLIC CLOUD SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 13  PUBLIC CLOUD IAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 14  PUBLIC CLOUD PAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 15  PUBLIC CLOUD SAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 16  PUBLIC CLOUD BPAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 17  PUBLIC CLOUD ADVERTISING SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 18  PUBLIC CLOUD MANAGEMENT AND SECURITY SERVICES SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 19  GLOBAL PRIVATE CLOUD SERVICES MARKET BY SERVICE TYPE, 2013 - 2020 ($BILLION)
TABLE 20  PRIVATE CLOUD SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 21  PRIVATE CLOUD IAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 22  PRIVATE CLOUD PAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 23  PRIVATE CLOUD SAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 24  PRIVATE CLOUD BPAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 25  PRIVATE CLOUD ADVERTISING SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 26  PRIVATE CLOUD MANAGEMENT AND SECURITY SERVICES SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 27  GLOBAL HYBRID CLOUD SERVICES MARKET BY SERVICE TYPE, 2013 - 2020 ($BILLION)
TABLE 28  HYBRID CLOUD SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 29  HYBRID CLOUD IAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 30  HYBRID CLOUD PAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 31  HYBRID CLOUD SAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 32  HYBRID CLOUD BPAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 33  HYBRID CLOUD ADVERTISING SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 34  HYBRID CLOUD MANAGEMENT AND SECURITY SERVICES SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 35  GLOBAL COMMUNITY CLOUD SERVICES MARKET BY SERVICE TYPE, 2013 - 2020 ($BILLION)
TABLE 36  COMMUNITY CLOUD SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 37  COMMUNITY CLOUD IAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 38  COMMUNITY CLOUD PAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 39  COMMUNITY CLOUD SAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 40  COMMUNITY CLOUD BPAAS SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 41  COMMUNITY CLOUD ADVERTISING SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 42  COMMUNITY CLOUD MANAGEMENT AND SECURITY SERVICES SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 43  GLOBAL CLOUD SERVICES MARKET BY APPLICATION, 2013 - 2020 ($BILLION)
TABLE 44  GOVERNMENT SECTOR CLOUD SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 45  INFRASTRUCTURE AS A SERVICE
TABLE 46  PLATFORM AS A SERVICE
TABLE 47  SOFTWARE AS A SERVICE
TABLE 48  PRIVATE ORGANIZATION CLOUD SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 49  ACADEMICS AND EDUCATION SECTOR CLOUD SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 50  BANKING, FINACIAL SERVICES, AND INSURANCE (BFSI) SECTOR CLOUD SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 51  HEALTHCARE SECTOR CLOUD SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 52  SUPPLY CHAIN CLOUD SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 53  OTHER SECTORS CLOUD SERVICES MARKET BY GEOGRAPHY, 2013 - 2020 ($BILLION)
TABLE 54  NORTH AMERICA CLOUD SERVICES MARKET BY AOOLICATION, 2013 - 2020 ($BILLION)
TABLE 55  EUROPE CLOUD SERVICES MARKET BY AOOLICATION, 2013 - 2020 ($BILLION)
TABLE 56  ASIA PACIFIC CLOUD SERVICES MARKET BY AOOLICATION, 2013 - 2020 ($BILLION)
TABLE 57  LAMEA CLOUD SERVICES MARKET BY AOOLICATION, 2013 - 2020 ($BILLION)
TABLE 58  AMAZON WEB SREVICES SNAPSHOT
TABLE 59  AKAMAI CORPORATION BUSINESS SNAPSHOT:
TABLE 60  CISCO SYSTEMS BUSINESS SANPSHOT
TABLE 61  GOOGLE COMPANY SNAPSHOT
TABLE 62  IBM SNAPSHOT
TABLE 63  HP CORPORATION SNAPSHOT
TABLE 64  DELL SNAPSHOT

 

Cloud storage is the practice of storing data on shared remote servers that are hosted via the internet instead of conventional local servers or personal computers. In a cloud environment, the servers can be accessed by all the devices that are in the network through a secure gateway. The global cloud services market is still evolving and it has promising potential due to several driving factors. The key driver for the market is the cost benefits provided by cloud storage when compared to conventional physical storage. It is estimated that cloud services would save 35% of the annual operations cost. Functional capabilities and flexibility, which enables access from any place anytime is another driver. The increasing number of small and medium enterprises is also pushing the market growth as these enterprises constantly seek cost benefits, which are efficiently provided by cloud services. The evolution of technologies has prompted companies to respond with creative business models and new, innovative ways to explore the market. The advancement in the various technologies has touched every sector and so has it touched the computing technology. Cloud computing technology has made great strides over the years and has gradually gained acceptance. An increasing number of organizations that adopt cloud computing technology in various developing economies offer abundant growth opportunity for key providers. Furthermore, significant number of small & medium enterprises that are fast in adopting cloud services to gain competitive advantage over others is a key factor fostering market growth across regions. 

 

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