Global Cloud Infrastructure Market to Rise US$ 198 Billion By 2024

New York, February 01, 2019: The Cloud Infrastructure Market is expected to exceed more than US$ 198 Billion by 2024 at a CAGR of 11.3% during the given forecast period.

The market growth is mainly due to the growing deployment of new cloud infrastructure setups as well as upgrading of existing cloud infrastructure setups to meet the increasing demand. The cloud infrastructure markets are primarily focused in North America and Western European regions. There has been rapid growth to some extent in Asia-Pacific region in the last two to three years.

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Lot of changes is expected to be seen during the forecast year 2015-2020. Cloud infrastructure is one the important technology trends that has marked its way in the last 10 years. Software development will shift to the cloud and software companies will build the majority of the applications on cloud technologies. Cloud infrastructure services will help organizations to shift focus from their local technology maintenance to a business and customer satisfaction oriented tasks. Hybrid cloud service is set to be imperative with time. Hybrid cloud services will deploy unified integrated cloud model, which consists of internal and external cloud platforms that can be leveraged based on particular organization’s requirements.

Some of the vendors for cloud infrastructure are Cisco, Red Hat, Microsoft, Google, VMware, Rackspace, AT&T, Amazon Web Services and Bluelock.

Cloud Infrastructure helps in building and managing a private Infrastructure-as-a-Service (IaaS) a cloud based on management and data center virtualization technologies for traditional workloads. Using Iaas, it reduces the risk than establishing a data center for a new venture. Cloud infrastructure includes servers, network, storage, virtualization, security, infrastructure system, management, and backup & recovery. It allows enterprises to shift their workload from one cloud to another, avoiding lock-in that may occur when the customer depends more on a single cloud provider.

Available on demand over the internet, cloud infrastructure provides secure and standardizable, pool of scalable, virtual IT resources and robust. Implementing an integrated infrastructure, it delivers services faster, improves manageability, increases IT department’s value and reduces total cost of ownership. Cloud infrastructure is becoming a game changer for small and medium enterprises (SMEs) by offering scalable infrastructure and capabilities available as services.

The report provides an in-depth analysis of global cloud infrastructure market along with drivers and restraints as well as growth opportunities and best practices in the market. It also contains analysis and forecasted revenues, competitive landscape, company profiles and industry trends.

Market Dynamics

Drivers:

Reduction in infrastructure cost
New era of functionality
Need for disaster protection
Restrains:

Security and privacy concerns
Legal/regulatory issues
Migration from legacy systems
Opportunities:

Creating new businesses models
Customer satisfaction
The Cloud Infracture Market has been segmented as below:

The Cloud Infracture Market is segmented on the lines of Type, End-User and Region.

By Type this market is segmented on the basis of Hardware its covers Servers likes Rack Mount, Blades, Towers & Density-Optimized. Disk Storage and Ethernet Switches. Services its covers Content Delivery Networks/Applications, Managed Hosting, Platform as a Service, Infrastructure as a Service and Colocation Services. By End-User this market is segmented on the basis of BFSI, Consumer Goods and Retail, Healthcare, Energy, Business & Consulting Services, Telecommunications, Government, Education and Research, Manufacturing, Media & Entertainment and Others. By Region this market is segmented on the basis of North America, Europe, APAC, Middle East and Africa and Latin America.

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Table of Contents

1  INTRODUCTION

2  Research Methodology

3  Executive Summary

4  Premium Insights

5  Market Overview

5.1 Introduction
5.2 Market Segmentation
5.2.1 Cloud Infrastructure Market, By Type
5.2.2 Cloud Infrastructure Market, By End-Use Industry
5.2.3 Cloud Infrastructure Market, By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Ict Spending and Growing Trend for Adopting Big Data Analytics
5.3.1.2 Growing Demand of Organizations for Agile, Scalable, and Cost-Effective Computing
5.3.1.3 High Penetration of Hybrid Clouds
5.3.2 Restraints
5.3.2.1 Decline in Demand for Server Hardware Due to Consolidation and Virtualization of Servers
5.3.2.2 Concern Over Data Privacy and Security
5.3.3 Opportunities
5.3.3.1 High Adoption Rate in SMBS
5.3.3.2 Growth of the Analytics Market
5.3.4 Challenges
5.3.4.1 Workload Complexities in Cloud Environment
5.3.4.2 Data Transfer and Application Issues

6  Industry Trends

7 Cloud Infrastructure Market, By Type

8 Cloud Infrastructure Market, By End-Use Industry

9 Regional Analysis

10 Competitive Landscape

11 Company Profiles

11.1 Introduction

11.2 Hewlett Packard Enterprise Co (HPE)

11.3 Dell, Inc.

11.4 Cisco Systems, Inc.

11.5 EMC Corporation

11.6 IBM Corporation

11.7 AWS (Amazon Web Services)

11.8 Salesforce.Com

11.9 Alphabet Inc. (Google)

11.10 Netapp, Inc.

11.11 Intel Corporation (U.S.)

11.12 Lenovo Group Limited

11.13 AT&T, Inc.

11.14 Rackspace

11.15 Oracle Corporation

11.16 Quanta Computer Inc.

11.17 Foxconn Technology Group (Hon Hai Precision Industry Co., Ltd.)

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