Today: October 10, 2015, 7:20 am

Global cloud equipment market: $80 billion industry by 2018
Cloud Equipment: A Global Strategic Business Report - a new market research report on 2014-03-14 13:05:04
The global Cloud Equipment market is projected to reach US$79.1 billion by 2018, driven by growing demand for public cloud computing services, and increased deployment of private and hybrid clouds.
Against a background where companies are coerced into recalibrating their network infrastructure into cost-effectively supporting distributed Information Technology applications, the importance of cloud computing comes to the fore. Key drivers of cloud computing include scalability, business agility, cost, conversion of CAPEX to OPEX, mobility, innovation and competitive advantages. Cloud computing is an emerging paradigm computing concept that enables both information technology infrastructure and software to be delivered directly over the Internet as a service. This type of an arrangement whereby companies can expand network capacity, and run applications directly on a vendor´s network, offers a host of advantages with the most primary being radically lower IT costs. The lower budgetary requirements and commitments allow even smaller companies to piece together an IT project without spending on purchasing legacy server, and storage systems.
Unrelenting rise in storage requirements, explosion in application sprawl, guzzling demand for more computing power, ever increasing length, breath, scale and density of networks, together makes datacenter management more challenging by the year. Cloud computing given its potential to address all of these issues will continue to witness strong growth. Effective resolution of bottlenecks related to security, regulatory compliance, privacy, interoperability, reliability, pricing, complexity, lack of standards, lack of transparency will additionally spur adoption of cloud computing services.
A key trend in the market is the emergence of traditional telecom service providers as a lucrative customer cluster for cloud equipment. Telecommunication companies like AT&T and Verizon are stepping up their cloud infrastructure. Key reasons cited for the ingress of telecom giants into the B2B cloud services market include increased competition and rapidly falling ARPUs in traditional business areas related to voice communications. Also, telecom companies require lesser investments to diversify into the cloud services space, since they own the network required to provide OTT (Over the Top) clouds services and applications. With data handling services increasingly becoming the future of telecom operators as against the conventional voice services, investments in cloud are poised to gain traction in the coming years.
The United States represents the largest market worldwide. Asia-Pacific is forecast to emerge as the fastest growing regional market with a CAGR of 10.5% over the analysis period. Growth in the region is led by rapid diffusion of cloud services in China and India, rise in cloud-related entrepreneurship, increased inflow of cloud related venture capital funds, and rise in the number of new cloud based datacenters. Mobile-based cloud computing in developing countries additionally presents an enormous potential to bridge the digital divide that stems from the disproportionate penetration of desktop PC penetration as compared to mobile phones. Small and medium-sized enterprises (SMEs) are especially driving growth largely as a result of proffered benefits like operational efficiency, productivity gains and security enhancements. Global Industry Analysts ©
Click for report details: ..
Browse all Information Technology Market Research Reports ..
Browse all Information Technology Company Profile Reports ..
Browse all Latest Market Research Reports ..
About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 693 Words
Related Articles
More From Finance
Credit-Yogi Recommends Reputable Debt Solution Companies To [..]
Many people who have poor credit don’t know what to do about it. They realize that their bad credit prevents [..]
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi .com Teaches Consumers How To Prevent [..]
Want to Halt Vehicle Repossession? Here’s How Sometimes things happen that end up leaving one in a financially strapped position. [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.