Showing posts with label Cloud Infrastructure Services Market Drivers. Show all posts
Showing posts with label Cloud Infrastructure Services Market Drivers. Show all posts

Monday, May 23, 2022

Cloud Infrastructure Services Market Trends, Key Players, Price Analysis, By Density Composition, By End User, By Region to 2024

MarketsandMarkets expects the global Cloud Infrastructure Services Market to grow from USD 73.0 billion in 2019 to USD 166.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 18.0% during the forecast period. The major growth drivers for the market include low costs, flexibility, scalability, and security. The cloud infrastructure service offerings provide accelerated Time-to-Market (TTM) and speedy application development and running processes.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116511247

The storage as a service, service type is expected to hold a larger market size during the forecast period

Based on the service type, the cloud infrastructure services market is segmented into computing as a service, storage as a service, disaster as a service, networking as a service, desktop as a service and managed hosting. Organizations across all size and industries are leveraging cloud infrastructure services for improving efficiency, lowering the cost of server space and access to data anywhere. The disaster recovery and backup as a service segment is expected to grow at the highest CAGR during the forecast period, whereas the storage as a service segment is estimated to hold the largest market size in 2019. The cloud infrastructure services have become a central part of business processes, due to their ease of use, low operating costs, and flexibility.

The public cloud is expected to hold the largest market size during the forecast period

Among deployment models, the public cloud deployment model is estimated to hold the largest market size in 2019. The advantages of using the public cloud include the simplicity and ease of deployment. The initial investment required for the deployment is minimum, and there are no responsibilities involved in managing the infrastructure. The public cloud offers scalability, reliability, flexibility, utility-style costing, and location independence services.

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North America to hold the largest market size during the forecast period

Among regions, North America is estimated to hold the largest market size in 2019, whereas Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. The increasing need for speedy and low-cost service delivery processes and complete security while operating in cloud environments is expected to drive the global cloud infrastructure services market.

 

Key Market Players

Major players in the global cloud infrastructure services market are IBM (US), Microsoft (US), AWS (US), Oracle (US), Google (US), Alibaba (China), Fujitsu (Japan), Rackspace (US), DigitalOcean (US), Verizon (US), VMware (US), CenturyLink (US), Bluelock (US), Dimension Data (South Africa), OVH (France), Joyent (US), Skytap (US), Virtuestream (US), ProfitBricks (Germany), Tencent (China), DXC Technology (US), AT&T (US), NEC (Japan), and Navisite (US). These players have adopted various growth strategies, such as new product developments, mergers and acquisitions, collaborations, and partnerships, to expand their presence in the global cloud infrastructure services market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

 

 

 

 

 

 

 

 

 

 

 

 

 

Friday, May 20, 2022

Cloud Infrastructure Services Market Driving Factors, Industry Growth, Key Vendors and Forecasts to 2024

According to a research report "Cloud Infrastructure Services Market by Service Type (Storage as a Service, Compute as a Service, Disaster Recovery and Backup as a Service), Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the global cloud infrastructure services market size is expected to grow from USD 73.0 billion in 2019 to USD 166.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 18.0% during the forecast period. The key growth factors for the market include governments’ increasing investments in new digital transformation initiatives, such as cloud and analytics; an increased awareness among enterprises about the benefits of cloud and its technologies and Internet of Things (IoT); and business continuity requirements resulting in high demand for cloud storage, disaster recovery, and backup services.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116511247



Storage as a service segment to hold the largest market size during the forecast period

Enterprises that lack the budget to implement and maintain their storage infrastructure or hardware generally avail this service. The demand for this service is growing as it helps minimize the operational and capital expenditure incurred. Enterprises are rapidly adopting the storage as a service, owing to its pay-as-you-go pricing model. This pricing model helps reduce the cost to a great extent, as the organization needs to pay only for what it has used.

Public cloud deployment model is estimated to hold the largest market size

The public cloud-based deployment model is witnessing an increasing demand, due to its cost effectiveness and easy availability. The public cloud is based on the cloud computing model, which shares resources (such as CPU, servers, and racks) among various businesses depending on its demand. Public cloud-based solutions require less physical setup and low maintenance, and provides 24/7 accessibility from any time, anywhere. Due to various benefits of public cloud, such as scalability, reliability, flexibility, utility-style costing, and location independence services, public cloud-based deployments are expected to record a high growth rate.

Banking, Financial Services, and Insurance (BFSI) vertical is estimated to have the largest market size

BFSI companies need to respond to varying market conditions for service variations and different consumer behavior. The cloud infrastructure services is transforming the BFSI vertical by empowering enterprises with increased speed-to-market. Efficient expense management, human resources, and customer communications are the top most needs of BFSI organizations. For better and efficient management BFSI institutes are now placing their email platforms and marketing tools in the cloud.

Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=116511247

Asia Pacific (APAC) is expected to grow at the highest rate during the forecast period

 

The increasing availability of skilled labor and keen focus of SMEs and large enterprises to enter and grow in APAC are primary driving factors for the adoption of cloud infrastructure services in the region. The increasing adoption of advanced application development technologies and increasing data volumes will drive the significant growth of the APAC market during the forecast period. The public cloud is gaining massive adoption in this region due to its low costs, on-demand availability, and improved security.

 

Significant vendors providing cloud infrastructure services include IBM (US), Microsoft (US), AWS (US), Oracle (US), Google (US), Alibaba (China), Fujitsu (Japan), Rackspace (US), DigitalOcean (US), Verizon (US), VMware (US), CenturyLink (US), Bluelock (US), Dimension Data (South Africa), OVH (France), Joyent (US), Skytap (US), Virtuestream (US), ProfitBricks (Germany), Tencent (China), DXC Technology (US), AT&T (US), NEC (Japan), and Navisite (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

 

 

 

 

 

 

 

 

 

 

 

 

Monday, May 16, 2022

Cloud Infrastructure Services Market Driving Factors, Industry Growth, Key Vendors and Forecasts to 2024

According to a research report "Cloud Infrastructure Services Market major growth drivers include low costs, flexibility, scalability, and security. The cloud infrastructure service offerings provide accelerated Time-to-Market (TTM) and speedy application development and running processes. Cloud Infrastructure Services Market by service types, deployment models, organization size, verticals, and regions - Global Forecast to 2024" published by MarketsandMarkets. The global cloud infrastructure services market to grow from USD 73.0 billion in 2019 to USD 166.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 18.0% during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116511247

Storage as a service segment to hold the largest market size during the forecast period

Enterprises that lack the budget to implement and maintain their storage infrastructure or hardware generally avail this service. The demand for this service is growing as it helps minimize the operational and capital expenditure incurred. Enterprises are rapidly adopting the storage as a service, owing to its pay-as-you-go pricing model. This pricing model helps reduce the cost to a great extent, as the organization needs to pay only for what it has used.

Public cloud deployment model is estimated to hold the largest market size

The public cloud-based deployment model is witnessing an increasing demand, due to its cost effectiveness and easy availability. The public cloud is based on the cloud computing model, which shares resources (such as CPU, servers, and racks) among various businesses depending on its demand. Public cloud-based solutions require less physical setup and low maintenance, and provides 24/7 accessibility from any time, anywhere. Due to various benefits of public cloud, such as scalability, reliability, flexibility, utility-style costing, and location independence services, public cloud-based deployments are expected to record a high growth rate.

Banking, Financial Services, and Insurance (BFSI) vertical is estimated to have the largest market size

BFSI companies need to respond to varying market conditions for service variations and different consumer behavior. The cloud infrastructure services is transforming the BFSI vertical by empowering enterprises with increased speed-to-market. Efficient expense management, human resources, and customer communications are the top most needs of BFSI organizations. For better and efficient management BFSI institutes are now placing their email platforms and marketing tools in the cloud.

Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=116511247

Asia Pacific (APAC) is expected to grow at the highest rate during the forecast period

 

The increasing availability of skilled labor and keen focus of SMEs and large enterprises to enter and grow in APAC are primary driving factors for the adoption of cloud infrastructure services in the region. The increasing adoption of advanced application development technologies and increasing data volumes will drive the significant growth of the APAC market during the forecast period. The public cloud is gaining massive adoption in this region due to its low costs, on-demand availability, and improved security.

 

Significant vendors providing cloud infrastructure services include IBM (US), Microsoft (US), AWS (US), Oracle (US), Google (US), Alibaba (China), Fujitsu (Japan), Rackspace (US), DigitalOcean (US), Verizon (US), VMware (US), CenturyLink (US), Bluelock (US), Dimension Data (South Africa), OVH (France), Joyent (US), Skytap (US), Virtuestream (US), ProfitBricks (Germany), Tencent (China), DXC Technology (US), AT&T (US), NEC (Japan), and Navisite (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

 

 

 

 

 

 

 

 

Monday, May 9, 2022

Cloud Infrastructure Services Market By 2024, Global Key Players, Trends, Share, Industry Size, Segmentation, Forecast & Opportunities

According to a research report "Cloud Infrastructure Services Market major growth drivers include low costs, flexibility, scalability, and security. The cloud infrastructure service offerings provide accelerated Time-to-Market (TTM) and speedy application development and running processes. Cloud Infrastructure Services Market to describe and forecast based on service types, deployment models, organization size, verticals, and regions - Global Forecast to 2024" published by MarketsandMarkets. The global cloud infrastructure services market to grow from USD 73.0 billion in 2019 to USD 166.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 18.0% during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=116511247

Storage as a service segment to hold the largest market size during the forecast period

Enterprises that lack the budget to implement and maintain their storage infrastructure or hardware generally avail this service. The demand for this service is growing as it helps minimize the operational and capital expenditure incurred. Enterprises are rapidly adopting the storage as a service, owing to its pay-as-you-go pricing model. This pricing model helps reduce the cost to a great extent, as the organization needs to pay only for what it has used.

Public cloud deployment model is estimated to hold the largest market size

The public cloud-based deployment model is witnessing an increasing demand, due to its cost effectiveness and easy availability. The public cloud is based on the cloud computing model, which shares resources (such as CPU, servers, and racks) among various businesses depending on its demand. Public cloud-based solutions require less physical setup and low maintenance, and provides 24/7 accessibility from any time, anywhere. Due to various benefits of public cloud, such as scalability, reliability, flexibility, utility-style costing, and location independence services, public cloud-based deployments are expected to record a high growth rate.

Banking, Financial Services, and Insurance (BFSI) vertical is estimated to have the largest market size

BFSI companies need to respond to varying market conditions for service variations and different consumer behavior. The cloud infrastructure services is transforming the BFSI vertical by empowering enterprises with increased speed-to-market. Efficient expense management, human resources, and customer communications are the top most needs of BFSI organizations. For better and efficient management BFSI institutes are now placing their email platforms and marketing tools in the cloud.

Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=116511247

Asia Pacific (APAC) is expected to grow at the highest rate during the forecast period

 

The increasing availability of skilled labor and keen focus of SMEs and large enterprises to enter and grow in APAC are primary driving factors for the adoption of cloud infrastructure services in the region. The increasing adoption of advanced application development technologies and increasing data volumes will drive the significant growth of the APAC market during the forecast period. The public cloud is gaining massive adoption in this region due to its low costs, on-demand availability, and improved security.

 

Significant vendors providing cloud infrastructure services include IBM (US), Microsoft (US), AWS (US), Oracle (US), Google (US), Alibaba (China), Fujitsu (Japan), Rackspace (US), DigitalOcean (US), Verizon (US), VMware (US), CenturyLink (US), Bluelock (US), Dimension Data (South Africa), OVH (France), Joyent (US), Skytap (US), Virtuestream (US), ProfitBricks (Germany), Tencent (China), DXC Technology (US), AT&T (US), NEC (Japan), and Navisite (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

 

 

 

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