Skip to main content

Global Top 10 Key Cloud Technologies Trending in coming Years

Top 10 Cloud Technologies Market (Hybrid Cloud, Cloud Storage, Cloud Migration, Cloud Orchestration, Integration Platform As-A-Service, Disaster Recovery As-A-Service, Multi Cloud Management, Video-As-A Service, Cloud Analytics, and Wi-Fi-As-A-Service)", Cloud adoption is increasing rapidly by enterprises due to various factors such as the need for agility, on-demand scalability, flexibility, and cost effectiveness.

Browse 50 market data tables and 70 figures spread through 187 pages and in-depth TOC on “Top 10 Cloud Technology Market"

http://www.marketsandmarkets.com/Market-Reports/top-10-cloud-technologies-market-10879352.html
Early buyers will receive 10% customization on reports.

The cloud offers pay-as-you-go service for users, which helps in reducing costs to a great extent. Disaster recovery and security services over the cloud are provided to users, which makes it a reliable and secure source for data storage and management. These are a few drivers of the cloud technology due to which enterprises are adopting it speedily. The hybrid cloud market and DRaaS market are the largest and fastest growing markets, respectively, during the forecast period.

The hybrid cloud market is expected to have the largest market size, growing from USD 33.28 Billion in 2016 to USD 91.74 Billion by 2021, at a CAGR of 22.5%.

Hybrid cloud is used in several applications such as BFSI, telecommunication & ITES, and healthcare & life sciences. The market for hybrid cloud is growing owing to the increasing application base in which it is being implemented. Out of these verticals, BFSI is the most significant and contributes the maximum share. The hybrid cloud provides BFSI a seamless and a user-friendly model to migrate the applications between different infrastructure with ease and in lesser time.

The cloud storage market is expected to grow from USD 23.76 Billion in 2016 to USD 74.94 Billion by 2021, at a CAGR of 25.8% during the forecast period.

Cloud storage is used in several applications such as telecommunication & ITES, BFSI, and government & public sector. The BFSI industry is expected to hold significant market share in the cloud storage market due to various benefits provided by cloud-based technologies such as improved performance, reduced IT infrastructure cost, and lower downtime. The telecommunication and ITES vertical is growing at a rapid pace as it has a huge customer base and recovery of data is essential to keep the customers informed.

The market for DRaaS is expected to grow from USD 1,677.1 Million in 2016 to USD 11,105.9 Million by 2021, at a CAGR of 45.9% during the forecast period.

The market for DRaaS is expected to grow at the highest CAGR in the top 10 cloud technologies market. Backup service provides restoration of data during downtime or failures such as power outage, human error, and natural catastrophe. It offers numerous benefits such as data synchronization, easy accessibility, and online viewing. The major vendors offering backup services to the end users, SMEs, and large enterprises include IBM, AWS, NTT Communications, and Verizon. It provides cost-effective, automated, reliable, secure, and scalable solutions to the enterprises ensuring business continuity in the event of disaster.

The market for iPaaS is expected to grow from USD 528.0 Million in 2016 to USD 2,998.3 Million by 2021, at a CAGR of 41.5% during the forecast period.

The cloud service orchestration service type in the iPaaS market is expected to hold the largest market share in 2016. The adoption of cloud orchestration among the enterprises increased due to benefits such as assistance in strategic decision-making, improved productivity & performance, and decrease in business downtime & losses. The major factors that have been driving the adoption of cloud orchestration are the need for flexibility, agility, and cost-efficiency; growing demand for optimum resources utilization; and increasing need for self-service provisioning. Some of the companies offering cloud service orchestration in the iPaaS market are MuleSoft, IBM, Microsoft, and Oracle. The application integration service type is expected to grow at the highest CAGR of during the forecast period. The North American region is expected to have the largest market size in 2016 in application integration services.

Download PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=10879352

The key manufacturers in the top 10 cloud technologies market include IBM Corporation (New York, U.S.), Cisco Systems, Inc. (California, U.S.), VMware, Inc. (California, U.S.), Amazon Web Services (Washington, U.S.), Microsoft Corporation (Washington, U.S.), Oracle Corporation (California, U.S.), Hewlett Packard Enterprise Company (California, U.S.), Rackspace Hosting, Inc. (Texas, U.S.), Google, Inc. (California, U.S.), and SAP SE (Wurttemberg, Germany).

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 5000 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, "RT" 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. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com 

Comments

Popular posts from this blog

3D Imaging Market worth 16.6 Billion USD by 2020

According to a new market research report " 3D Imaging Market by Display Technology (Anaglyphy, Stereoscopy, Auto-stereoscopy), Imaging Solution (3D Modeling, 3D Scanning), Hardware (3D Display, 3D Sensor), Industry Vertical, & Region - Global Forecast to 2020" , defines and segments the 3D Imaging Market into various sub segments with an in-depth analysis and forecasting of market sizes. The report also defines the driving factors for the market, restraints, and opportunities along with the current adoption trends in this market. Browse 68 tables and 59 figures spread through 131 Pages and in-depth TOC on " 3D Imaging Market- Global Forecast to 2020" http://www.marketsandmarkets.com/Market-Reports/3d-imaging-market-998.html Early buyers will receive 10% customization on reports. MarketsandMarkets™ forecasts the 3D imaging market to grow from USD 4.9 Billion in 2015 to USD 16.6 Billion in 2020 , at a Compound Annual Growth Rate (CAGR) of 27.5% . N...

Computer Aided Dispatch Market worth $ 1.95 Billion by 2022

According to recent research “ Computer Aided Dispatch Market  by Component (Solutions and Services), Application Area (Call Management, Dispatch Unit Management, Reporting and Analysis), Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2022″ , The CAD market size is expected to grow from USD 1.12 Billion in 2017 to USD 1.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.8%. Rise in criminal activities and natural disasters, and the advent of connected devices are the factors driving the growth of the CAD market. Moreover, the rise in the adoption of CAD solutions by Small and Medium-sized Enterprises (SMEs) has led to the increased adoption of CAD solutions. Browse 61 Market Data Tables and 26 Figures spread through 125 Pages and in-depth TOC on  “Computer Aided Dispatch Market” https://www.marketsandmarkets.com/Market-Reports/computer-aided-dispatch-market-4669389.html Early buyers will receive 10% custo...

EMEA IoT Market: Emerging Trends | Global Future Forecasts | Challenges & Opportunities

According to recent research  “EMEA IoT Market by Component (Platform, Service, Software Solution), Application (Building & Home Automation, Smart Energy, Smart Manufacturing, Connected Logistics, Smart Retail, Connected Health), and Region (Europe and MEA) – Forecast to 2021” , The EMEA IoT market is projected to grow from USD 53.88 Billion in 2016 to USD 211.92 Billion by 2021, at a CAGR of 31.5% during the forecast period, from 2016 to 2021. Browse 81 market data tables and 46 figures spread through 139 pages and in-depth TOC on  “EMEA IoT Market” https://www.marketsandmarkets.com/Market-Reports/emea-iot-market-129681220.html Early buyers will receive 10% customization on this report. The market has been witnessing substantial growth in recent years, owing to the evolution of high speed network technologies and the rising adoption of cloud platforms. The market’s growth is also attributed to emerging markets in the Middle East, such as Saudi Arabia,...