During the last few years, cloud technology has gained tremendous
importance leading to the rapid growth in use of cloud technology in
various industry verticals. Industries manage and rely on huge amount
of data for the quality performance and services. Shared cloud model
is a new trend being followed by many companies. Along with it, many
government offices across the globe are spending significant amount
on the adoption of these technologies. For instance, agencies and
government organizations such as Australian Taxation Office (ATO) and
General Service Administration (GSA) have already started investment
and use of commodity cloud technology. Thus, the adoption of the
community cloud technology is expected to increase in coming years.
The community cloud technologies are developed with the use of cloud
computing technologies. Increasing need for single regulatory and
network security norm across the globe is significant factor for the
growth of this market. As the community cloud technology model is
based on shared cost model, the market has huge scope in small and
medium sized businesses such as healthcare and clinical verticals.
The small and medium scale business prefer the community cloud model
over traditional cloud technology model to gain profit and achieve
economies of scale in short time span.
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Global demand for high performance with low latency infrastructure is
a significant driving factor for community cloud technology market.
Along with it, achieving economies of scale by use of shared cost
model, shared concerns for data redundancy, security and compliance,
and green computing initiative for reducing number of servers are
some of the factors leading to the adoption of community cloud
technology market. Security concerns toward the enterprise data in a
shared environment is a restraining factor for the growth of this
market. In coming years, government initiatives for adoption of
community cloud technology in private and public sector and
investment in cloud technology by research and education sector are
expected to fuel the growth of this market.
Community cloud market is segmented on the basis of professional
services, components, application, verticals and geography. On the
basis of professional services the market is segmented into training
support services, maintenance support services, regulation and
compliance services, customer/public portal services, consulting
support services and other services. Community cloud market is
segmented on the basis of component into hardware and software.
Hardware used in these systems are server, storage components and
networking peripherals. Software segment include enterprise
applications, collaboration tools, dashboards and business
intelligence software. Community cloud services cater to various
verticals such as, banking, financial services and insurance (BFSI),
gaming, government, healthcare, academia and education,
transportation and logistics, and others. Community cloud services
have several applications across the industry verticals, on the basis
of application the community cloud market is segmented into
cloud-based storage, cloud backup and recovery, cloud security and
data privacy, high performance computation (HPC) and analytics and
web-based applications.
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Akamai Technologies, Inc., Amadeus IT Group SA, Amazon Web Services
LLC, Atos SE, CA Technologies, Inc., Cisco Systems, Computer Sciences
Corporation, Google Inc., EMC Corp., Dell Inc., INetU Inc., IBM
Global Services, Microsoft Corp. and Optum, Inc., among others are
some of the key players in global community cloud market.
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