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Global Enterprise Cloud Services Market to Grow at a CAGR of 23.83% During 2016-2020 - AWS, Google, IBM, Microsoft, VMWare

 

Albany, NY -- (SBWIRE) -- 07/17/2017 -- Enterprise cloud services involve delivery of cloud computing services that include software, infrastructure, and platform services to individual businesses and enterprises in a more secured environment.

The global enterprise cloud services market to grow at a CAGR of 23.83% during the period 2016-2020. Business enterprises worldwide are rapidly adopting cloud computing technologies to reduce their costs, manage enterprise IT infrastructure and business processes efficiently, and remain competitive. Individual businesses and enterprises rely on contracts with cloud service providers to outsource IT services. Enterprise cloud services allow companies to concentrate on their core activities rather than getting engaged in managing their IT environment. Also, enterprises can establish a rapid deployment model that enables applications to be scaled quickly to match changing business requirements.

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The report covers the present scenario and the growth prospects of the global enterprise cloud services market for 2016-2020. To calculate the market size, the report considers the revenue generated from cloud services such as software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS) offered to enterprises.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Enterprise Cloud Services Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- AWS
- Google
- IBM
- Microsoft
- VMWare

Other prominent vendors
- Akamai Technologies
- CA Technologies
- Cisco Systems
- Dell
- ENKI
- HP
- iLand
- Joyent
- Datapipe
- Netsuite
- NTT Communications
- OpSource
- Oracle
- Rackspace hosting
- Red Hat
- Salesforce.com
- SAP
- ServiceNow
- Sungard Availability Services
- Verizon Enterprise Solutions

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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