Cloud Computing Market Share, Size, demand analysis & industry Forecast 2016-2024

Page 1

Global Cloud Computing Market Outlook

Global Cloud Computing Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024 Request Sample Report

Report Code :HC 1335

+1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-991071-6331 sales@goldsteinresearch .com

99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India

www.goldsteinresearch.com

Published By: Goldstein Research Copyright

All Rights Reserved, Goldstein Research

www.goldsteinresearch.com


Global Cloud Computing Market Outlook Global Cloud Computing Market Share(%), By Region-2016-2024

Global Cloud Computing Market Size USD (Billion). 2016-2024 XX XX

XX% CAGR: (2016-2024)

XX XX

XX

XX

XX

XX

XX

XX XX

Asia Pacific

XX 2016e 2017e 2018f

2019f

Source: Goldstein Research

m a S 2020f

2021f

2022f

2023f

2024f

Computing market

28.00%

45.00% 35.00%

With

America dominated the global Cloud

40.00%

Computing market

Global Cloud Computing Market Share (%), By End Users- 2016

4.07% 8.13% 14.63% 12.20% 9.76% 22.76%

32.00% Private Cloud

Hybrid Cloud

Infrastructure as a service (IaaS) Software as a service (SaaS)

Source: Goldstein Research

Copyright

Latin America

XX% share in 2016, North

28.46% Manufacturing Sector

Public Cloud

Europe

Middle East and Africa

Global Cloud Computing Market Global Cloud Computing Market Share (%), By Cloud Service-2016 Share(%), By Product Type-2016

20.00%

e l p North America

Source: Goldstein Research

Public Cloud accounted for the highest market share XX% in global Cloud

In 2016,

6.8622.55 7.84 %% % 2024 28.43 % 34.31 %

7.0022.0 7.00 %%20160% 28.0 0% 36.0 0%

XX

XX

XX

XX

Request Sample Report

Source: Goldstein Research

All Rights Reserved, Goldstein Research

Platform as a service (PaaS) Government Sector Healthcare Sectors

Banking & Finance Service Sector Private Organizations Consumer Electronics

Other Sectors (Education)

Source: Goldstein Research

www.goldsteinresearch.com


Global Cloud Computing Market Outlook  Both public and private cloud adoption grew in 2018, with larger enterprises increasing their focus on public cloud. AWS is no longer the runaway leader as Azure has grown rapidly and is now a close second, especially among enterprise users.  Enterprises with a hybrid strategy (combining public and private clouds) fell from Growing IT 58 percent in 2017 to XX percent in 2018, while organizations with a strategy of Spending Request Sample multiple public clouds or multiple private clouds grew slightly.

Report

e l p

 Many more enterprises see public cloud as their top priority, up from XX percent in 2017 to XX percent in 2018. Hybrid cloud has decreased as a top priority for enterprises, declining from XX percent in 2017 to XX percent in 2018. • XX percent of enterprises spend more than USD XX million a year on public cloud, while XX percent spend more than USD XX million annually. XX percent of enterprises plan to more than double public cloud spend in 2018, and XX percent will grow public cloud spend more than XX percent. In contrast, only XX percent of enterprises will grow private cloud use by more than XX percent in 2018.

m a S

• XX percent of enterprises already have a central cloud team with another XX percent planning one because they have a strong need for centralized governance within their larger organizations. Compared to 2017, enterprise central IT is taking a stronger cloud governance role in advising on which apps move to cloud (XX percent vs. XX percent), managing costs (XX percent vs. XX percent), setting policies (XX percent vs. XX percent), and brokering cloud services (XX percent vs. XX percent). • Optimizing cloud costs is the top initiative again in 2018 across all cloud users, increasing to XX percent from XX percent in 2017. Despite an increased focus on cloud cost management, only a minority of companies have implemented automated policies to optimize cloud costs, such as shutting down unused workloads or selecting lower-cost clouds or regions.

Global Cloud Computing Market Size (USD Billion) Europe North America

2016

USD XX Billion

2024

USD XX Billion

Copyright

All Rights Reserved, Goldstein Research

USD XX Billion

USD XX Billion

Technological Advancements

Cost Efficiency

Growing Adoption Among SMEs

Asia-Pacific USD XX Billion

USD XX Billion

www.goldsteinresearch.com


Global Cloud Computing Market Size (USD Billion) & Growth Analysis Global Cloud Computing Market Size (USD Billion)-2016-2024

XX

Request Sample Report

XX

XX

XX

XX XX XX

XX

XX

XX

m a S

XX

Source: Goldstein 2016eResearch 2017e

XX

2018f

2019f

2020f

e l p

XX

2021f

XX

2022f

XX

2023f

XX

2024f

Global Cloud Computing Market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. There are a myriad of benefits, as mentioned above, such as cost, scale, and productivity, which are driving the growth behind the increasing use of cloud computing in IT infrastructure. Cost, however, may be the biggest reason that organizations are switching from on-premise infrastructure to cloud deployments. In a Rackspace survey of 1,300 executives, xx% of respondents agreed with the statement that “cloud computing is a key factor in the recent boom of entrepreneurs and start-ups”. In addition, many of the respondents, about 43% of the group, had said that their businesses had launched within the past 3 years and a majority of them said that they would not have been able to afford on-premises IT resources had it not been for cloud computing. While larger corporations certainly see benefits of cloud computing services, startups in general tend to see the largest benefit, as startups face financial clout and do not always have the cash or resources to spend on physical infrastructure. So, if startups are able to save 30% on IT resources, as was shown above, then it can be a huge boon for them in launching their products and being able to compete with larger businesses. Copyright

All Rights Reserved, Goldstein Research

www.goldsteinresearch.com


Growth Drivers Growing Enterprise Cloud Spending 

Between 2015 and 2017 enterprise cloud spending increased, with XX% of respondents reporting an increase in SaaS spending, XX% increasing spending on IaaS, and XX% increasing spending on PaaS. Adoption of public cloud architectures shows no signs of slowing down as the latest market forecasts suggest the sector is set to grow XX% in 2018 from 2017, reaching USD XX bn in revenues.

SaaS spending, which is comprised of applications and system infrastructure software (SIS), will be dominated by applications purchases, which will make up more than half of all public cloud services spending through 2019. Enterprise resource management (ERM) applications and customer relationship management (CRM) applications will see the most spending in 2018, followed by collaborative applications and content applications.

PaaS spending will be led by data management software, which will see the fastest spending growth (XX% CAGR) over the forecast period. Application platforms, integration and orchestration middleware, and data access, analysis and delivery applications will also see healthy spending levels in 2018 and beyond. In terms of geography, the United States will be the largest country market for public cloud services in 2018 with its USD XX bn accounting for more than XX% of worldwide spending. The United Kingdom and Germany will lead public cloud spending in Western Europe at USD XX bn and USD XX bn respectively, while Japan and China will round out the top 5 countries in 2018 with spending of USD XX bn and USD XX bn, respectively.

Public IT Cloud Spending (USD Billions)- 2016-2024

XX

XX

XX

XX

XX

XX

m a S XX

XX

XX XX XX

XX

XX

XX 2016e 2017e

2018f

2019

2020

2021

2022

Source: Goldstein Research

Impact Analysis:-

 the analysis in this piece shows that there have been many drivers to the growth of cloud computing, including the significant cost savings that organizations have reaped along with the countless businesses that have been able to compete with larger organizations by scaling their infrastructure (storage, servers, etc.) in the cloud rather than implementing the IT resources on premise. Copyright

All Rights Reserved, Goldstein Research

2023

e l p

Cloud Spending by Segment in 2024 (USD Billions)

XX

2024f

XX

XX

XX

PaaS

IaaS

SaaS

Request Sample Report Source: Goldstein Research

High

Medium

Impact on Global Cloud Computing Market

www.goldsteinresearch.com

Low


Market Restraints Data Privacy and Security  Firms are apprehensive about their data being compromised on a public cloud or the monetization of their customer data by cloud vendors. For example, traders in a firm would be extremely wary of placing their proprietary trading strategies in a cloud, fearing that a competitor on the same cloud might gain access to them. Similarly, portfolio managers and risk analysts are apprehensive about the asset allocation or benchmark rebalancing strategies of a firm. Since financial services firms operate in a highly regulated environment, any loss of customer data or any of the above scenarios could have reputational implications and lead to a barrage of lawsuits from customers.  Vendor lock-in is another concern. Most cloud providers provide access to their resources through proprietary APIs, web interfaces or command line tools. If a firm wants to shift to a different cloud vendor, there would be high cost involved to switch to new interfaces, which might actually negate the advantages of using the cloud in the first place.  IT managers are also worried about availability of applications deployed on a cloud. Cloud computing vendors generally provide services on standard terms, which tend to be for the benefit of vendors, including limited warranties. Imagine a scenario in which a cloud provider deletes a customer’s data or takes down a customer’s application for days or weeks for breach of contract, such as non-payment. It would create many problems for a firm. And cloud outages, like the one at Amazon , further compound the fear of non-availability.

e l p

Ranking of Most Effective Cyber Security Tools, 2016 10 9 8

m a S 7

6

5

4

Impact Analysis: Cloud services can be misused to commit nefarious cyber crimes, right from usage of cloud resources to access encryption keys, to launching DDoS attacks on an enterprise’s servers. Use of an enterprise’s cloud resources for such cyber crimes has the following impacts:

Request Sample Report

3

2

2

1

Impact on Global Cloud Computing Market High

Medium

 • low availability of the cloud systems  • exposure to legal liabilities in form of lawsuits from impacted parties  • severe loss of reputation Copyright

All Rights Reserved, Goldstein Research

1

www.goldsteinresearch.com

Low


Global Cloud Computing Market Outlook : 2016-2024 Global Cloud Computing Market Share (%), By Mode of Deployment, 2016-2024

22.77% Public Cloud

XX%

41.58%

2016

XX%

2024

Private Cloud

XX%

35.64% Hybrid Cloud

m a S

Cloud platforms are enabling new, complex business models and orchestrating more globally-based integration networks in 2017 than many analyst and advisory firms predicted. Combined with Cloud Services adoption increasing in the mid-tier and small & medium businesses (SMB). Further, Amazon’s latest quarterly results show Amazon Web Services (AWS) attained XX% year-over-year growth, contributing XX% of consolidated revenue and XX% of consolidated operating income.

e l p

By the end of 2018, spending on ITas-a-Service for data centers, Global Cloud Computing Market Y-O-Y Growth, By Mode of software and services will be USD Deployment, 2016-2024 XX Billion. Further, it is estimated that procurement of IT technologies will accelerate in the next 3 years XX% from USD XX billion to USD XX XX% XX% XX% XX% XX% XX% XX% billion. At this pace, IT-as-a-Service XX% will represent more than half of IT spending by the 2023/2024 timeframe. Source: Goldstein Research

2016e

2017e

2018f

2019f

2020f

2021f

2022f

2023f

2024f

Source: Goldstein Research

Request Sample Report

Global Cloud Computing Market Size (USD Billion), By Mode of Deployment -2016-2024 XX

XX XX

XX

XX

XX

2016 Public Cloud

2024 Private Cloud

Hybrid Cloud

Source: Goldstein Research

Copyright

All Rights Reserved, Goldstein Research

www.goldsteinresearch.com


Global Cloud Computing Market Outlook By Public Cloud: 2016-2024 Global Cloud Computing Market Size (USD Billion), By Public Cloud, 2016-2024 XX XX XX XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX XX XX 2016e

2017e

m a S

2018f

2019f

2020f

2021f

2022f

2023f

Source: Goldstein Research

e l p

2024f

Global Cloud Computing Market Y-O-Y Growth, By Public Cloud, 2016-2024

19.40%

20.15%

20.48%

2016e

2017e

2018f

20.80%

2019f

21.85%

22.50%

23.00%

23.50%

2020f

2021f

2022f

2023f

Source: Goldstein Research

% Workloads in Cloud

Request Sample Report

XX%

The weakest growing areas were private and public cloud, led by Dell EMC/HPE and Cisco/Dell EMC respectively, while unified communications as a service (UCaaS) gained just over XX% annual growth, with RingCentral and Mitel the leading vendors, and hosted private cloud hit almost XX% led by IBM and Rackspace.

25.00%

2024f

Cloud technologies are now generating massive revenues for cloud service providers and technology vendors and we forecast that current market growth rates will decline only slowly over the next five years. The percentage of enterprises that have a strategy to use multiple clouds grew to XX percent (vs. XX percent in 2016) with XX percent planning on hybrid (vs. XX percent in 2016). There was also an increase in the number of enterprises planning for multiple public clouds (up from XX percent to XX percent) and a concurrent decrease in those planning for multiple private clouds (down from XX percent to XX percent).

% Enterprise Workloads in Cloud XX%

XX%

XX%

Public

Private Cloud

Private Cloud

XX%

Non Cloud

Non Cloud XX%

Source: Goldstein Research

Copyright

All Rights Reserved, Goldstein Research

Public

www.goldsteinresearch.com


North America Cloud Computing Market Size(USD Billion) & Y-O-Y growth (%), By Region- 2016-2024 North America Cloud Computing Market Size (USD Billion)-2016-2024

Request Sample Report XX% XX

XX%

XX XX

CAGR: (2016-2024)

XX XX

XX

XX

XX%

XX XX

XX

e l p XX% XX%

XX

XX%

XX XX

XX%

XX

XX

XX%

XX%

XX XX XX 2016e

2017e

Source: Goldstein Research

XX%

XX%

XX%

XX%

2019f

North America Cloud Computing Market Size (USD Billions), By Country-2016-2024

2020f

XX% XX%

m a S 2018f

XX%

XX%

2021f

XX% XX% XX%

2022f

2023f

North America Cloud Computing Market Size (USD Billion), By Mode of Deployment -2016-2024

XX

XX%

XX

XX

XX%

XX XX

XX

XX%

XX

XX%

XX

XX XX

XX% XX% XX%

2016

XX% 2016

2024 Public Cloud US

Private Cloud

Canada

Source: Goldstein Research

Copyright

2024

All Rights Reserved, Goldstein Research

Source: Goldstein Research

www.goldsteinresearch.com

Hybrid Cloud


United States Cloud Computing Market Size (USD Billion) & Y-O-Y growth (%), 2016-2024 United States Cloud Computing Market Size (USD Billion), Compound Annual Growth Rate (%), Y-O-Y Growth Rate (%), 2016-2024 XX% XX XX

CAGR: (2016-2024)

XX XX

Request Sample Report

XX%

XX

XX

XX XX

XX

XX XX XX

XX%

XX XX XX 2016e

XX%

XX%

XX%

m a S XX%

2017e

2018f

2019f

Source: Goldstein Research

Key Insights

There is a growing trend in both the private and public sectors to utilize cloud offerings not only for the benefits of such offerings over legacy models, but out of necessity, as a growing number of products and services procured by businesses and governmental entities are being replaced by cloudonly offerings.

Cloud computing is very well established in the US. According to our projections, worldwide spending on public cloud offerings alone - of which the US market constitutes a material portion - is expected to increase from USD XX billion in 2016 to USD XX billion in 2024. The US federal government is expected to exceed USD XX billion in spending for cloud computing by 2024.

2020f

XX

XX%

XX XX

e l p

XX%

XX%

XX%

2021f

2022f

XX% XX% XX% XX% XX% XX% XX% XX% XX%

2023f

Cloud Computing Growth and Segment Leaders- 2017 IBM Cloud

Google Cloud

Azure

AWS

XX%

XX%

XX%

XX%

2018

XX%

XX%

XX%

XX%

2017

Source: Rightscale

In addition to the considerable cloud offerings available to the private sector in the US, there are a number of notable government projects involving cloud computing, including the CluE Project - a partnership between the IBM/Google Academic Cloud Computing Initiative and the National Science Foundation to fund academic Big Data research - and the Amazon Web Services (AWS) GovCloud - an isolated AWS region designed to allow US government agencies and customers to move sensitive information into the cloud. Copyright

All Rights Reserved, Goldstein Research

www.goldsteinresearch.com


North America Cloud Computing Attractiveness-By Country, 2016-2024

Market

North America Cloud Computing Market Attractiveness-By Country, 2016-2024 XX

XX

CAGR (%)

XX

XX

Request Sample Report

XX

XX XX

XX

XX

XX

XX

XX

XX

e l p m

Market Size (USD Billion) Canada Source: Goldstein Research

United States

According to the above graph, US Cloud Computing market is anticipated to be the most attractive market across the region, for new entrants looking to enter in the market, existing players looking for business expansion and investors seeking investment opportunities over the forecast period i.e. 2016-2024

a S

There are many publicly available studies about the impact of cloud computing in the US. These studies indicate that the impact has been considerable and will continue to grow over the next five years. For instance, as reported by Forbes, a BDO survey finds that XX per cent of tech chief financial officers say that cloud computing will have the most measurable impact on their business in 2017. As also reported by Forbes, market intelligence firm IDC states that cloud computing is growing at XX times the rate of IT spending since 2009 and is expected to grow at better than six times the rate from 2015 to 2020.

North America North America Cloud Computing Market BPS Analysis- By Country, 2016-2024 XX% XX%

30%

XX%

40% Canad a

XX% XX% XX% XX%

70%

XX%

US 60%

XX% XX% XX% 2016

2024

Source: Goldstein Research

Copyright

All Rights Reserved, Goldstein Research

www.goldsteinresearch.com


Global Cloud Computing Market Outlook Microsoft Corporation. (Company Overview & Business Strategy)

Founded 1975

Employees 114,000

Company Overview  Microsoft Corporation is an American multinational technology company with headquarters in Redmond, Washington. It develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and services  The Company is traded in NASDAQ stock exchange, America  Geographically, Microsoft introduced its internet of things (IoT) platform globally to enhance the connectivity of devices to improve business automation

www.microsoft.com

Major Products Skype Microsoft Azure

e l p m a S

Microsoft provides software solutions and operating systems to various entities

Microsoft is one of the emerging large scale industry in internet of things (IoT) with advanced support services

Business Strategy

Website

Headquarters U.S

TechNet Office MSDN

Operating System

Request Sample Report

Acquisitions & Research and Development: The company focuses on unveiling new product for strengthening its product portfolio in software industry by acquiring organizations of software solutions. The company improving its artificial intelligence segment to provide solutions & services across the globe to become a leader in software industry. Microsoft collaborates with many organizations to carry out new researches and innovative technology such as internet of things (IoT) to provide better and advanced connectivity. Company’s strategy is to build best-in-class platforms and productivity services for a mobile-first, cloud-first world. provide enterprise-wide computing solutions and point solutions with numerous commercial software vendors that offer solutions and middleware technology platforms, software applications for connectivity (both Internet and intranet), security, hosting, database, and ebusiness servers.

Copyright

All Rights Reserved, Goldstein Research

www.goldsteinresearch.com


Global Cloud Computing Market Outlook

Request Sample Report

Thank you Connect With Us:

Published By: Goldstein Research Copyright

All Rights Reserved, Goldstein Research

www.goldsteinresearch.com


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.