Cloud Services Market Analysis and Forecast 2015 - 2021

Cloud Services Market: Global Industry
Analysis and Forecast 2015 - 2021

P e r s i s t e n c e M a r k e t R e s e a r c h
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Cloud Services Market 2015 - 2021

P e r s i s t e n c e M a r k e t R e s e a r c h
Report Media Releases
Cloud Services Market: Global Industry Analysis and
Forecast 2015 – 2021
Cloud Services are those services that are offered to users via the Internet from the server of cloud
computing service provider. Such services provide scalable and easy access to various resources and
applications, and are entirely managed by the cloud service providers. The examples of cloud services
include web-based e-mail services, online backup solutions and data storage, document collaboration
services, technical support services, and database processing among others. Cloud service providers supply
the necessary software and hardware required for cloud service, thereby eliminating the need for
organizations to deploy their own resources for managing networked services. The other advantage of
cloud services over the traditional methods of providing infrastructure is faster deployment of services and
reduction in in-house maintenance costs.
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On the basis of mode of delivery, the cloud services market is segmented into Platform as a Service (PaaS),
Software as a Service (SaaS) and Infrastructure as a service (IaaS). The SaaS mode of delivery is further
segmented into SMB and mobile corporate SaaS cloud services, corporate SaaS cloud services, SMB SaaS
cloud services and others. North America is the largest contributor to the cloud services market due to the
high penetration of internet in this region. This region is followed by Europe, Asia-Pacific and Rest of the
World (RoW).
Major benefits offered by cloud services are driving business organizations in implementing the use of
cloud services. Cloud services maximize the effectiveness of shared resources and ensure the business
organizations higher returns and faster paybacks. In addition, cloud services offer scalable solutions to
growing business organizations at low cost of ownership. This drives business organizations to invest in
such services that allow them to generate higher revenues by optimizing the available resources. However,
the data security issues are the roadblocks that are adversely affecting the growth of this market. The
increasing data hacking incidences using sophisticated tools result in loss of sensitive data, causing serious
dents in the business revenues. Also, there are constant evolutions of new security threats that are
affecting the quality of cloud services. Further, the small and medium businesses find it difficult to
repeatedly invest in the customized solutions available for cloud services security. Due to such factors, the
business organizations are reluctant in investing in the cloud services and prefer to carry on with
conventional methods of network infrastructure.
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Cloud Services Market 2015 - 2021

P e r s i s t e n c e M a r k e t R e s e a r c h
Some of the major players in the market are improving their existing services by adding new and
innovative features. This helps them in staying competitively ahead in the market. For instance, Akamai
Technologies, Inc., one of the leading cloud services providers, recently added Zone Apex Mapping feature
to its Ion network acceleration technology. This feature reduces DNS resolution time and avoids HTTP
redirects. Other major players in the market include VMware, Inc., (U.S.), Taleo Corporation (Ireland),
Oracle Corporation, (U.S.), NetSuite Inc., (U.S.), Microsoft Corporation (U.S.), Joyent Inc., (U.S.),
International Business Machines Corporation (U.S.), Hewlett-Packard (U.S.), Flexiant Limited (United
Kingdom), ENKI Consulting (U.S.), Etelos Inc.,(U.S.), Citrix Systems Inc., (U.S.), Cisco Systems Inc., (U.S.), CA
Technologies, Inc., (U.S.), and SAP AG (Germany).
Key geographies evaluated in this report are:
•North America
•Europe
•APAC
•Latin America
Key features of this report
•Drivers, restraints, and challenges shaping the Cloud Services market dynamics
•Latest innovations and key events in the industry
•Analysis of business strategies of the top players
•Cloud Services market estimates and forecasts(2015 -2021)
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Cloud Services Market 2015 - 2021