Cloud Infrastructure Services: A Global Strategic Business Report
San Jose, California (PRWEB) April 22, 2015
Follow us on LinkedIn – Cloud computing is revolutionizing the IT world, and is also triggering a shift in business models. Cloud technologies are changing the way companies and their employees function, with cloud-sharing servers enabling employees to work seamlessly across continents, data servers and wireless Internet hubs. The technology is liberating companies from the shackles of conventional IT, allowing mobile workers in a virtualized company to work from anywhere around the world with just an internet connection.
Increasing investments for securing, managing and supporting cloud computing technology is benefiting the market for cloud infrastructure services. Most importantly, transition of the technology from being a cost saving tool to a full-fledged instrument capable of furthering innovation and shoring up revenue, will spur growth in the market. Cloud infrastructure services refer to the provision of key IT infrastructure resources including servers, storage, and networking in a virtual on-demand and pay-per-use environment basis. This model of service delivery offers companies a cost effective means of accessing IT infrastructure and computing needs. The on-demand delivery of IT resources over the internet is the prime advantage offered by cloud infrastructure services, enabling enterprises to gain an edge in business agility. Infinite scalability and elasticity are other major benefits offered. The pay-per-use billing model is a compelling advantage for SMBs with limited financial resources. As small and medium sized business networks step up their efforts to build a cloud IT architecture, demand for cloud infrastructure services are poised to grow.
The 2007-09 world economic recession, set the perfect platform for the rapid evolution of cloud infrastructure services. Adoption ever since has been on the rise primarily because a financially challenged economy compels enterprises to embrace cost rationalization strategies. With companies seeking IT infrastructure solutions that are cost-effective, easy to manage, and require minimum to zero investments, cloud infrastructure services witnessed sturdy gains. Large companies, which earlier shied away from cloud computing technologies due to security concerns, are currently adopting cloud solutions encouraged and emboldened by refinements in service delivery platforms and on-demand delivery options.
As stated by the new market research report on Cloud Infrastructure Services, the United States represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 23.8% over the analysis period. The growth in the region is supported by strong foreign direct investments in business and finance sectors in emerging Asian countries and the ensuing expansion in business activity and growth in the number of SMBs. Also driving growth is the increase in outsourced business activity; and rapid development of the Internet infrastructure. Public cloud infrastructure services market represents the largest service segment, while hybrid cloud infrastructure services ranks as the fastest growing segment, with a CAGR of 25.4% over the analysis period.
Major players covered in the report include Amazon Web Services, Inc. (AWS), AT&T Inc., Atos S.E., CGI Group Inc., Computer Sciences Corporation (CSC), Datapipe Inc., Fujitsu Limited, GoGrid, Google, Inc., Hewlett-Packard Development Company, L.P., iland Internet Solutions, Interoute Communications Ltd., Joyent Inc., Macquarie Telecom Group Limited, NTT DATA Corporation, Rackspace Hosting Inc., and Verizon Terremark.
The research report titled “Cloud Infrastructure Services: A Global Strategic Business Report”, announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in US$ for all major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (Australia, China, India, South Korea, and Rest of Asia-Pacific), Latin America (Brazil & Rest of Latin-America) and Rest of World. The global market is analyzed by market sectors such as Public Cloud Infrastructure Services (Compute as a Service, Others), Private Cloud Infrastructure Services, and Hybrid Cloud Infrastructure Services.
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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