Cloud Computing Market Research
Cloud computing is location-independent computing, whereby shared servers provide resources, software, and data to computers and other devices on demand, as with the electricity grid. The whole concept of cloud computing entails that the software, platform, and IT infrastructure services are delivered via a shared network. In this model, businesses access resources such as hosted software and applications remotely, i.e., via the internet. Cloud computing not only reduces business costs, but also makes applications accessible from any location, and reacts swiftly to changes in business needs.
As per research, the global cloud computing market is expected to grow from $37.8 billion in 2010 to $121.1 billion in 2015 at a CAGR of 26.2% from 2010 to 2015. SaaS has emerged as the largest segment of the cloud computing services market, and accounted for almost 73% of the market’s revenues in 2010.
The Cloud Computing market research reports incorporate trend analysis, statistics, market size information, industry growth rates, as well as market share of competitors. The comprehensive research also goes on to examine details such as technology & systems and domestic & international markets.
The study is an essential resource for top-level data and analysis covering the cloud computing industry. It includes detailed data on market size and segmentation, comprehensive analysis of the key trends and competitive landscape, and profiles of the leading companies.