Cloud Infrastructure Market Definition
The global cloud infrastructure market is anticipated to portray significant growth over the forecast period owing to the growing demand from various technology-dependent industries such as manufacturing, telecom, and healthcare, among others. The cloud infrastructure provides companies with the scalability, lower capital expenditure, and reliability towards their business operations, thus inflating demand for cloud computing.
The market study is broken down by Type (Hardware [Servers, Computers, Storage Devices, Memory, CPU] and Software [Ajax, Ruby on Rails]), by Application (Private Cloud & Hybrid Cloud, Backup, Disaster Management, Big Data Analytics, File Storage and Test & Development) and major geographies with country level splits.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Cloud Infrastructure market throughout the predicted period.
Hewlett-Packard (United States), AWS (Amazon Web Services) (United States), Dell, Inc. (United States), Cisco Systems, Inc. (United States), EMC Corporation (United States), IBM Corporation (United States), Salesforce.com (United States), Alphabet Inc. (United States), Lenovo group Limited (China), AT&T, Inc. (United States) and Oracle Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Quanta Computer Inc. (Taiwan), Foxconn Technology Group (Taiwan), Intel Corporation (United States) and NetApp, Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Cloud Infrastructure market by Type, Application and Region.
On the basis of geography, the market of Cloud Infrastructure has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Organization Size, the sub-segment i.e. Small and Medium-sized Enterprises (SMEs) will boost the Cloud Infrastructure market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Banking, financial services, and insurance (BFSI) will boost the Cloud Infrastructure market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 25th February 2020, Cisco has announced new mobility solutions aimed to help service providers drive revenue and profitability from their 5G infrastructure. Cisco Maps IP-led Path to 5G Profitability With New Lineup of Cloud Software and Hardware for Mobile Networks
On 9th April 2019, Hewlett Packard Enterprise (HPE) and Google Cloud today announced a global partnership to deliver hybrid cloud solutions that accelerate innovation and expand choice and agility for customers.
- Growing Demand of Organizations for Agile, Scalable, and Cost-Effective Computing
- Growing Trend for Adopting Big Data Analytics
- High Penetration of Hybrid Clouds
- High Adoption Rate in SMBS
- Growth of the Analytics Market
- The Decline in Demand for Server Hardware Due to Consolidation and Virtualization of Servers
- Concern Over Data Privacy and Security
- Increasing Complexities of Workload in Cloud Environment
- The Concern Regarding Data Transfer and Application Issues
Key Target AudienceCloud Infrastructure Providers, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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