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Global SMB public cloud market: 25% CAGR between 2012-2016

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Global Public Cloud Market in Small and Medium-sized Businesses 2012-2016 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-05 09:01:01
The Global Public Cloud market in Small and Medium-sized Businesses is to grow at a CAGR of 24.6 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing popularity of SaaS services among SMBs. The Global Public Cloud market in Small and Medium-sized Businesses has also been witnessing the increasing adoption of public cloud services among micro-SMBs. However, concerns regarding data security could pose a challenge to the growth of this market.

Many countries across the globe are witnessing the introduction of high-bandwidth communication services such as 3G and 4G. With the increased bandwidth support, advanced applications such as G-talk, Skype, and BB Messenger are being widely used by end-users. These applications are also supported on smartphones and tablets, which creates a need to implement high-speed communication networks. Many end-users are storing their data in the cloud infrastructure and accessing voice- and video-based applications through the cloud, which is one of the major trends in the market.

The reduced investment cost is one of the major drivers in the Global Public Cloud market in Small and Medium-sized Businesses. The cloud service providers are providing solutions to small and medium-sized businesses at a lower cost than that needed for internal provisioning of the services in order to boost the growth of the market during the forecast period.

The key vendors dominating this space are Amazon.com Inc., Google Inc., Hewlett-Packard Co., IBM Corp., Microsoft Corp., Rackspace Hosting Inc., Salesforce.com Inc., and Verizon Communications Inc. The other vendors mentioned in the report are AT&T Corp., Bluelock LLC, BMC Software Inc., CA Inc., Cisco Systems Inc., Citrix Systems Inc., Computer Sciences Corp., Dell Inc., EMC Corp., Oracle Corp., Red Hat Corp., Silicon Graphics International Corp., and VMware Inc.

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