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Cloud Infrastructure Services Market worth $93.50 Billion by 2019
The report “Cloud Infrastructure Services Market by Service Type (PAAS, IAAS, CDN/ADN, Managed Hosting, and Colocation), by Deployment Model (Public, Private, and Community) - Worldwide Forecast and Analysis 2014 - 2019”, defines and segments the cloud infrastructure services market into various sub-segments with an in-depth analysis and forecasting of revenues. It also identifies the drivers and restraints for this market with the insights on trends, opportunities, and challenges.
Browse 64 market data tables and 48 figures spread through 139 pages and in-depth TOC on “Cloud Infrastructure Services Market by Service Type (PAAS, IAAS, CDN/ADN, Managed Hosting, and Colocation), by Deployment Model (Public, Private, and Community) - Worldwide Forecast and Analysis 2014 - 2019”
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Cloud infrastructure services mainly provide cloud computing solutions such as servers, networks, storage, and applications to the various industries across the world. This market is segmented into services, deployment model, verticals and regions. These services are deployed on cloud to yield better results by making the process fast and easy for the users to access from any place at any point of time.
MarketsandMarkets has broadly segmented the cloud infrastructure services market by services: IaaS, PaaS, CDN/AND, Managed Hosting, and Colocation; by verticals: BFSI, retail, healthcare, government, energy, education, telecommunication and Information Technology (IT), manufacturing, research and consulting services, media and entertainment, and others; by regions: North America (NA), Europe, Latin America (LA), Asia-Pacific (APAC), and Middle East and Africa (MEA).
MarketsandMarkets believes that the data security concerns associated with consumers regarding their critical data storage in the cloud and technological constraints giving rise to network and application performance issues are the major constraints in the cloud infrastructure services market. These challenges carry significant potential of hampering the adoption rate of cloud infrastructure services by numerous SMBs across a wide range of verticals.
The cloud infrastructure services market is estimated to grow from $55.73 billion in 2014 to $93.50 billion in 2019, at a Compound Annual Growth Rate (CAGR) of 10.9% from 2014 to 2019. In regional segmentation, North America is expected to be the biggest market in terms of revenue contribution while Latin America (LA), Middle East and Africa (MEA), and Asia-Pacific (APAC) are expected to emerge rapidly in this market with high CAGRs.
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