The report covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
North America was the largest region in the cloud services market in 2017, accounting for around 58% market share. Asia Pacific was the second largest region accounting for around 18% market share. Eastern Europe was the smallest region accounting for around 0.3% market share.
With growth and technological advances in the cloud industry, companies are witnessing a growing demand of hybrid cloud model. In 2016, hybrid cloud adoption rose from 58% to 71% year-over-year. Hybrid cloud services claim to meet an organization's regulatory norms while also benefiting from the economies of the cloud. They also welcome organizations into the cloud world without drastically changing their approaches. Since hybrid clouds limit the costs of users, its demand has been growing among midsize enterprises.
The market characteristics section of the report defines and explains the market.
The market size section gives the cloud services market revenues, covering both the historic growth of the market and forecasting the future.
Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.
The trends and strategies section highlights the likely future developments in the cloud services market and suggests approaches.
- Markets Covered: Software as a service (SaaS), Platform as a service (PaaS), Infrastructure as a service (IaaS), Business process as a service (BPaaS).
- Time Series: Five years historic and forecast.
- Data: Market value in $ billions.
- Amazon Web Services
- VMware Inc.
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