HOME Analyst Briefings Analyst Briefing Presentation on “Community Cloud Market (By Components [Server, Storage Devices, Network Equipments], By Verticals [Healthcare, Finance, Government, Transport and Logistics, Gaming, Education]) - Global Advancements, Market Forecasts and Analysis (2013 - 2018)” to be held on August 16, 2013


Analyst Briefing Presentation on “Community Cloud Market (By Components [Server, Storage Devices, Network Equipments], By Verticals [Healthcare, Finance, Government, Transport and Logistics, Gaming, Education]) - Global Advancements, Market Forecasts and Analysis (2013 - 2018)” to be held on August 16, 2013

The Telecom and IT practice at MarketsandMarkets is pleased to announce its Analyst Briefing on the "Community Cloud Market (By Components [Server, Storage Devices, Network Equipments], By Verticals [Healthcare, Finance, Government, Transport and Logistics, Gaming, Education]) - Global Advancements, Market Forecasts and Analysis (2013 - 2018)" to be held on August 16, 2013. The briefing will cover an overview of drivers, restraints and opportunities that have an impact on this market.

Community Cloud market is in its nascent stage where cloud service providers are introducing unique solutions for the organizations having mission centric and compliance concerns. Its main challenge is to cross the chasm of customer adoption while maintaining data latency performance over cost in terms overall capital and operational expenditure of the organizations. Community Cloud model amalgamate solutions such as infrastructure technologies having virtual servers, datacenters and network equipments, with embedded security and software application layer, penetrating across most geographical regions and vertical segments depending on the functional and compliance requirements of each industry. Further, professional services such as training, consulting, maintenance and other specific requirements are included in this market. The community cloud model provides a service platform for organizations having similar functionalities and common concerns; ensuring flexibility in terms of scalability, performance, and administration. Community cloud analytics applications and business intelligence software services are expected to rise fast and thus shall become the key services for the organizations in future.

Major forces driving this market are the economy of scale, data security, regulatory compliance, high performance and low latency infrastructure. Moreover, in industries such as healthcare, banking and finance exponential increase in customer data and transaction information demands for cost effective data storage, retrieval and manipulation services. Further, organizations are required to follow government compliance standards such as HIPPA, FISMA, etc. and community cloud model provides single service platform answering these requirements to several organization at once.

The adoption of community cloud model is growing at a slow pace; some of the organizations such as NASDAQ, NYSE technologies, Mt. Sinai Hospital, Eduserv and various governments have already incubated community cloud model into their current network scenarios. Community Cloud tier one technology providers such as AWS, EMC, VMware, IBM, CSC, Microsoft, Amadeus, CA Technologies and many more look forward to gain better competitive advantage in this emerging cloud market model, thereby creating customizable stack services and applications that facilitate quicker customer adoption of the same.

MarketsandMarkets forecasts the global community cloud market to grow from $xx.xx million in 2012 to $2.49 billion in 2018. In terms of regions, North America is expected to be the biggest market in terms of revenue contribution, while the European region is expected to experience increased market traction, in the due course.

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