Cloud Infrastructure Service Market Evolving to a Next-Generation Strategy with New Partnerships, Technologies and Targets by 2023
Edison, NJ -- (SBWire) -- 08/06/2019 --AMA Research have recently released a comprehensive study of over 150+ pages on 'Cloud Infrastructure Service' market to meet ever-changing industry conditions that marketers must adjust to strategies & leverage the best results for the company. The study not just provides market size break-up by revenue and volume* for potential countries and important business segments but also commentary on trending factors, growth drivers. Profiled players in study from the coverage used under bottom-up approach are IBM (United States),Microsoft (United States),AWS (United States),Oracle (United States),Google (United States),Alibaba (United States),Fujitsu (Japan),Rackspace (United States),DigitalOcean (United States),Verizon (United States),VMware (United States),CenturyLink (United States),Bluelock (United States),Dimension Data (South Africa),OVH (France)
Governments' rising investments in digital transformation initiatives and increasing awareness among enterprises about the benefits of cloud technologies and business continuity requirements resulting in high demand for cloud storage disaster recovery and backup is driving the global cloud infrastructure service (CIS). Cloud infrastructure services are basically provided to the users as an Infrastructure-as-a-service (IaaS) platform, Cloud business process as a service (BPaaS), Platform as a service (PaaS), Content delivery network (CDN)/Application delivery network (ADN), Managed hosting, and Colocation hosting on a payment mode in the form of virtual machines (VMs) based on specific business problems and needs.
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Market Segmentation
by Type (PaaS, IaaS, CDN/AND, Managed Hosting, Colocation Services, DRaaS), Application (BFSI, Telecommunications and IT, Manufacturing, Retail and eCommerce, Others), Organization Size (Small and medium sized Enterprises (SME’s), Large Enterprises), Deployment model (Public, Private, Hybrid), Service (Compute as a Service, Storage as a Service, Disaster Recovery and Backup as a Service, Networking as a Service, Desktop as a Service, Managed Hosting)
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What's Trending in Market:
Increase adoption of cloud-based technologies is the current trend of this market.
Owing to the increased demand for efficient data sharing computing service
Rise in the adoption of cloud computing services
Cloud IaaS adoption is increasing as enterprises are turning to cloud-based IT model to decrease the capital expenditure.
Growth Drivers: Increase in the investments in new digital transformation initiatives by the Government such as cloud and analytics.
Increased awareness among enterprises about cloud Infrastructure
Low cost, Flexibility, scalability and security, Internet of Things (IoT).
Business continuity requirements leading to high demand for cloud storage.
Disaster recovery and backup services.
Increased availability of skilled labor.
Restraints: Rigorous government rules and regulations
The limited number of bandwidth providers
Lack of access to high-speed internet.
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AMA Research & Media LLP
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