Public Cloud
Services Market: Overview
The public
cloud services are provided by cloud computing model in a
virtualized environment where services (application, storage and
resources) are made available by shared physical resource and is
accessible over a public network. So Public cloud services make
applications and resource storage available to public through
internet. Public cloud services enables end-user of any organization
to use same services (platform, service or infrastructure) without
knowing where the data would be stored and located.
The public cloud
service offers storage of non-sensitive content, remote access to IT
infrastructure, online office applications, webmail and online
document collaboration from multiple locations. These services are
offered either on free or pay-per-usage basis. It provides an
alternative to on-premise applications and storage resources to the
end-user. With the rise in trend adopting digital business approach
and in order to reduce the expense towards maintenance and support
systems for business continuity, organizations are shifting to public
cloud services. The public cloud services are mostly adopted by
businesses that require large investment in infrastructure which
manage applications consumed by multiple users.
Public Cloud
Services Market: Key Growth Drivers
The major driving
factors for the growth of global public cloud services market are
rise in adoption of cloud services for production systems,
Consumerization of IT sector and proliferation of internet. The other
factors contributing to the growth of global public cloud services
market are cost reduction, scalability and interoperability features,
instant provisioning of services, low management and minimum
investment in computing resources. However, data location
reliability, security, data protection and slow internet connection
collectively restrain the growth of global public cloud services
market. Some other factors affecting the growth of public cloud
services regionally are local economic factors, diverse landscape of
local and global providers and regulatory issues.
The financial
enterprises are expected to further expand the growth of global
public cloud services market. The financial enterprise use public
cloud services across retail banking platforms, websites and mobile
applications. The Banking institutes such as De Nederlandsche Bank
(DNB) in Netherlands and NASDAQ, a financial services provider in the
US have adopted public cloud services and are gaining benefits of it.
Public Cloud
Services Market: Segmentation
The global public
cloud services market is segmented on the basis of service vertical,
end-use adoption, enterprise and geography. On the basis of service
global public cloud services market is segmented into
Software-as-a-Service, Infrastructure-as-a-Service, Bussiness
Process-as-a-service (BPaaS) and Platform-as-a-Service. In terms of
end-use adoption, the global public cloud services market is
segmented as IT and telecommunication, transportation, media,
government, defense and others.
The others segment
includes education and resource industries. The enterprise segment of
global public cloud services market includes small and medium
enterprises (SMEs) and large enterprises. Moreover, the geography
segment consist of North America, Europe, Asia Pacific, Middle East
and Africa and Latin America.
Public Cloud
Services Market: Competitive Landscape
Rackspace Inc. is
one of the leading provider of public cloud services in North
America. It provides public cloud for corporate website building and
can power critical workloads. It offers services in North America,
Europe and Asia Pacific.
Get Sample Report
Copy :
Some of the other
key players of global public cloud service market are Amazon Web
Services LLC, Oracle Corporation, Akamai Technologies Inc., Novell
Inc., Microsoft Corporation, Netsuite Inc., Red Hat Inc. and
Terremark Worldwide Inc. Some of the public cloud service platforms
provided by organizations includes Google AppEngine, Amazon Elastic
Compute Cloud (EC2), Sun Cloud, IBM's Blue Cloud and Windows Azure
Services Platform.
About Us :
Transparency Market
Research (TMR) is a global market intelligence company providing
business information reports and services. The company’s exclusive
blend of quantitative forecasting and trend analysis provides
forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants use
proprietary data sources and various tools and techniques to gather
and analyze information.
TMR’s data
repository is continuously updated and revised by a team of research
experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
No comments:
Post a Comment