Global Third Platform Market 2012-2016 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-26 08:36:04
The Global Third Platform market is to grow at a CAGR of 12.04 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for cloud services. The market has also been witnessing the introduction of phablets. However, the issues relating to security of cloud services could pose a challenge to the growth of this market.
The introduction of phablets is a major trend being witnessed in the Global Third Platform market. With the advent of HD and high-resolution screens for smartphones, they are now functioning more as an entertainment device. The HD screens of smartphones enable consumers to watch HD movies, videos, and play graphic-rich games. In addition, the growing need to navigate documents, e-mails, and browse the internet using smartphones has led to the manufacture of handsets with larger screen size for better clarity and display. To cater to these evolving needs, smartphone vendors have launched phablets, which are smartphones with a screen size between 5 and 6.9 inches (130-180 mm). Following the success of the Samsung Galaxy Note, other vendors in this market are keen to enter the Global Phablets market.
One of the main drivers is the increasing demand for cloud services. The demand from organizations for cloud services is increasing and it is boosted by the presence of a number of cloud service providers in the market. This also reduces the price of cloud services for consumers, thereby further increasing demand. With cloud software services, end-users are able to pay for an application on a per-use basis, thereby substantially reducing their costs.
One of the main challenges is the concerns about the security of cloud services. These concerns have an impact on the level of trust and confidence that exists between service providers and customers. Enterprises are expected to have stringent security measures in place so that they can abide by industry guidelines and comply with rules and regulations set by governments and other bodies.
The key vendors dominating this market space are Apple Inc., Nokia Inc., and Samsung Electronics Co. Ltd.
Other vendors are Amazon.com Inc., Facebook Inc., IBM Corp., LinkedIn Corp., Microsoft Corp., Salesforce.com Inc., Twitter Inc., and YouTube Inc.
Click for report details: www.companiesandmarkets.com/Market/Information-Technology/Market ..
Browse all Information Technology Market Research Reports www.companiesandmarkets.com/Market/Information-Technology/Market ..
Browse all Information Technology Company Profile Reports www.companiesandmarkets.com/Market/Information-Technology/Compan ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com 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, Companiesandmarkets.comâs 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.