Cloud Storage Market growing at CAGR of 40.2% to reach $46.8 Billion by 2018
Dallas, Texas (PRWEB) December 18, 2012
With an objective to offer the most comprehensive research covering the market for Cloud and related opportunities, ReportsnReports.com offers research reports that address competitive analysis, market opportunities in various industry verticals, cloud applications and solutions, the future of the Cloud, and more.
Key cloud impact areas covered include but not limited to: Cloud Solutions and Opportunities, Cloud and Commerce, Content, and Applications; Cloud and Broadband including 4G and Beyond; Cloud and Small and Medium Business (SMB); Cloud and Content Delivery Networks (CDN); Cloud Telephony and impact on Incumbents; Cloud Convergence with Social and Local; Cloud and Machine-to-Machine (M2M); Cloud and Next Generation Networks; Hardware, Software, Professional Services; Primary, Backup & Cloud Storage Solutions; Hybrid Mobile Cloud (HMC) Computing; Cloud Backend-as-a-service (BaaS)/ Mobile BaaS (MBaaS) and more.
Emergence of innovative storage technologies such as inline data deduplication, inline compression, WAN optimization, cloud based security solutions and storage gateways are pushing the growth of the Cloud Storage Market. Small and medium-sized businesses (SMBs) are rapidly adopting cloud based storage services to reduce cost and IT complexity compared to large enterprises, thereby pushing the market growth. The small and medium business segments are the major adopter of cloud storage services and this trend is expected to continue for next few years.
Hybrid Mobile Cloud (HMC) computing represents a system in which a local, native mobile application with a great user interface, is married with cloud computing to provide an intelligent and scalable solution that is better than either native mobile app alone or an HTML5-only cloud computing application. This research defines the roles of mobile and cloud computing in the enterprise today and provides a vision for how HMC computing will develop into a new paradigm that will become dominant within the next few years.
Machine-to-Machine (M2M) communications has brought the concept of connected devices to a whole new level, targeting virtual every sphere of human endeavor including government, defense, healthcare, transportation, manufacturing, retail, smartgrid, extraction industries, and more. M2M in the cloud will amplify the implementation significantly, allow for significant efficiency improvements, and optimal operational effectiveness.
When most people think of the Cloud, they think about infrastructure hosting as it is a cost effective alternative for enterprise application implementation and ongoing operations. However, few people understand the potential in Cloud Telephony, which represents a significant opportunity for replacement of traditional telecommunications systems, especially for small-to-medium businesses (SMB) communications services.
Some of the advantages of Cloud Telephony include unified communication system without maintaining hardware, software and maintenance cost reduction, single number integration, common system to support multiple locations, improved disaster recovery, and cost effective operations. The Cloud Telephony ecosystem includes cloud telephony providers, smartphone manufacturers, cloud telephony API providers, and various customers such as large corporations, SMB, and various intermediaries.
Backend as a Service (BaaS) is a middleware service which is similar to ‘Platform as a Service’. In BaaS, the application developer outsources the creation of backend, server side programming and the development of server side code blocks to a third party service provider called a BaaS provider. In addition to this, BaaS providers provide data storage, ready to integrate features like push notifications, social media integration, application usage analytics, user management, SDK , APIs, etc. BaaS provides several advantages to it users like reduction in the development time and deployment time to market; reduction in complexities and redundancies of the application development process; minimal initial investment required for application development.
The Backend as a Service (BaaS) market research report covers computing platforms, vertical segments, end users types, geographical analysis, worldwide trends, market forces, technology & market roadmaps, business models, adoption factors, and company profiles for key industry players in the BaaS market space.
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