Share on Social Media. The statistic shows the size of the public cloud computing market from 2008 to 2020. In 2017, the public cloud computing market is predicted to be worth around 130 billion U.S. Dollars worldwide. The public cloud computing market includes business processes, software, platforms, and infrastructure delivered as a service. Oct 18, 2017 Worldwide public cloud services market revenue is projected to grow 18.5% in 2017 reaching $260.2B, up from $219.6B in 2016. Infrastructure as a Service (IaaS) is.
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What Amazon Web Services is – and how it made Amazon profitable
Microsoft continued to eat into Amazon's lead in the cloud infrastructure market in the first quarter, though there remains a big gap between the two.
Amazon Web Services held 33 percent of the cloud infrastructure market in the quarter, which is flat from a year earlier, according to data published Friday by Synergy Research Group. The market includes raw computing and storage, services for running applications and hosted private cloud.
Microsoft's share of the market jumped to 13 percent from 10 percent a year earlier. Google increased to 6 percent from 5 percent. Sequentially Amazon's market share fell by a percentage point.
All three companies reported financial results this week and each topped analysts' estimates, highlighting expansion in their cloud businesses as drivers of overall growth. Investors are still most bullish on Amazon, pushing the stock up 4 percent on Friday, following the earnings report, and lifting its rally for the year to 35 percent.
Microsoft recently instituted organizational changes to better capitalize on its cloud business, pushing more resources to Scott Guthrie, who has overseen the rise of the company's Azure unit.
Research firm Canalys published findings that were similar to Synergy's on Friday, showing that while AWS has stayed above 30 percent market share, Microsoft made a clear gain in the past year, with Google notching a modest improvement.
Amazon is the only one of the three companies that breaks out its cloud division in terms of sales. The company said on Thursday that AWS revenue jumped 49 percent to $5.44billion in the first quarter.
Microsoft said Azure revenue jumped 93 percent. KeyBanc analysts estimated Azure had $1.76 billion in revenue, while Raymond James analysts predicted the number was $2.05 billion.
One thing to watch: cloud growth could start to more clearly impact Microsoft's margins because Azure is less profitable than the company's legacy software products.
'You'll see some gross margin percentage pressure in that segment through 2019, but with significant dollar growth,' said Microsoft CFO Amy Hood, on the company's conference call on Thursday.
Report ID: GMI346
Cloud computing market size is likely to witness significant gains from 2016 to 2023. Greater scalability coupled with faster access to infrastructure are anticipated to surge the demand growth.
North America, especially U.S. cloud computing market size accounted for over 50% total share in 2015. SaaS services, including collaborations, content & communications along with customer relationship management is expected to boost regional revenue generation over the forecast period.
Cloud computing in an internet based technology that serves centralized data to remote devices connected through intranet or internet. It is a network where an application or program runs on a server and can be shared across several devices such as laptops, smartphones and personal computers. It ensures consumption-based billing and is also expected to witness significant adoption in several end use sectors. The above mentioned factors are likely to boost the industry demand over the forecast period. Strong outlook on the healthcare cloud computing market size, likely to exceed USD 13 billion by 2023, should drive industry demand.
The technology enables exploitation of data in order to sustain business conclusions while maintaining the IT cost down. In addition, it enables companies to leverage platform as a service for application deployment. The technology is mainly deployed by key players in applications such as Google Inc. for Gmail, Drop box Inc. for their Dropbox Storage, Google auto back up, Facebook, Ever note and Skype. The technology is mainly utilized in social media and healthcare sectors as it facilitates the sectors to reduce their capital expenditure by eliminating the cost of IT Infrastructure.
Large organizations makes use of private clouds in order to ensure reliability and security, while the smaller organizations requires public cloud services as they are cost efficient in nature. The conventional IT infrastructure involves developing, testing and deploying applications, which provides high investment as well as under utilization of resources. However, concerns regarding privacy, data access and security are the foremost factors hindering the demand growth over the coming few years.
The industry can be segmented on the basis of deployment models which include public cloud, hybrid cloud and private cloud. The industry can also be bifurcated on the basis of services which include software as a service (SaaS), advertising as a service (AaaS), business process as a service (BPaaS), platform as a service (PaaS), and infrastructure as a-service (IaaS). The industry can be segregated by IT capability into business processes, application and system & application infrastructure. Key regions occupying significant cloud computing market share include Asia Pacific, North America, Europe, MEA and Latin America. Business processes can be further segmented into e-commerce, human resources and payment processing and accounted for more than 70% of the total industry share in 2014.
India cloud computing market size was valued over USD 1 billion in 2014. Advertising as a service market accounted for highest share owing to extensive usage in online advertising. Rising growth in e-commerce sector is also likely to boost the demand.
Hybrid cloud accounted for around 58% of industry share in 2014. Public cloud accounted for over 30% and private cloud accounted for about 5% in the same year. Hybrid cloud computing service model provides solution by combining public and private clouds. It integrates in-house IT infrastructure with other services and products to accomplish unique needs of the customers.
SaaS cloud computing market share accounted for over 49% revenue in 2014, IaaS accounted for around 28% and Paas accounted for over 18%. SaaS is utilized for the distribution of software so that the consumers can access over the Internet. It hosts the applications at its data center and a user contacts it with the help of any standard web browser.
The major players holding the global cloud computing market share include Amazon, Akamai Technologies, Hewlett Packet, VM-Ware, Yahoo, CA Technologies, Caspio and Dell among others. Major competitors for PaaS include Microsoft, Google and IBM among others. Key SaaS players are Google, Cisco, Demandware, Adobe and Hotmail among others. IaaS providers include Akamai, Joyent and GoGrid among others.
What Information does this report contain?
Historical data coverage: 2014 to 2018; Growth Projections: 2019 to 2025.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
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