Cloud Computing Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 – 2026

Introduction

Cloud computing has now become most trending technology in educational forums, corporate industries, organizations, and others. Using cloud computing one can access any platform, infrastructure or software by their own choice through any network. Security advancement in cloud computing and cost effectiveness encouraging wide adoption of cloud computing. Cloud computing avoids the capital expense of purchasing software and hardware and running on-site datacenters.

Market Dynamics

Cloud computing offers users a cost effective solution, one can use any infrastructure, platform or software services anytime as required, within location they are comfortable in. In addition, management, storage, and processing of data whenever needed become easier by using cloud based services. Hence, these benefits are driving the growth of market globally. Due to lack of knowledge in population for using cloud based technology. Also, the assumption of small and medium scale industries regarding security issues, small scale industries find tradition way more efficient for storage of data then storing data in any virtual platform. These factors are hindering the growth of cloud computing market. Heavy investment from corporate sector and more popularity among youth for cloud computing are expected to offer alluring opportunities to this market in coming years.

Market Classification and Overview

The market can be bifurcated on the basis of service, type, end user, and geography. By service, cloud computing market can be classified into platform as a service (PaaS), infrastructure as a service (IaaS), and software as a service (SaaS). By type, cloud computing market can be segmented into private cloud, public cloud, hybrid cloud, community cloud. Private cloud can only be used by authorized person and by organizations for their personal information records; rest users cannot access private clouds. Using virtual cloud, public cloud can be accessed with the help of all the devices. Combination of public and private is known as hybrid cloud. Based on end user, cloud computing market can be classified into individual, and corporate. On the basis of geography, the cloud computing market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in Cloud Computing Market include Amazon Web Services, Akamai Technologies, Cisco Systems Inc., Google Inc., IBM Corp, Hewlett Packet, Dell, Microsoft Corp., VMware Inc., Yahoo Inc., and among others.

Market Segmentation

Market By Service

• Platform as a Service (PaaS)
• Infrastructure as a Service (IaaS)
• Software as a Service (SaaS)

Market By Type

• Public Cloud
• Private Cloud
• Hybrid Cloud
• Community Cloud

Market By End User

• Individual
• Corporate
• Others

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA